Clean Energy Technologies (NASDAQ: CETY) reported a marked improvement in its financial standing for the first quarter, driven by robust top-line growth and a sharp contraction in per-share losses. The company recorded sales of $783.705 thousand, representing a 77.33 percent increase from the $441.940 thousand generated in the corresponding period of the previous fiscal year. This revenue expansion coincided with a significant reduction in net losses, which narrowed by 76.19 percent to $(0.05) per share, down from $(0.21) per share in the prior year. These figures suggest that the company is successfully scaling its operations while improving its bottom-line efficiency, a critical development for investors monitoring its path toward profitability.

The filing details the specific metrics that underpin this positive trend. Revenue growth remained the primary driver, nearly doubling year-over-year. Simultaneously, the drastic reduction in per-share losses highlights effective operational controls or higher-margin mix improvements, although the company remains in a net loss position. The combination of rising sales and shrinking losses provides a clearer picture of operational leverage beginning to take effect.

Financial Performance Overview

The following table outlines the key financial metrics reported for the current quarter compared to the same period in the previous fiscal year:

What the Numbers Show

The divergence between the 77.33 percent revenue growth and the 76.19 percent improvement in per-share losses indicates that Clean Energy Technologies is achieving operational leverage. Typically, if costs rose in direct proportion to revenue, the loss per share would have remained stable or worsened slightly due to fixed cost dilution limits. Instead, the near-mirror improvement in profitability metrics suggests that the incremental revenue generated contributed significantly more to the bottom line than the previous year's revenue did. This pattern is often indicative of a company moving past its initial high-cost scaling phase into a more efficient growth trajectory, where additional sales translate directly into reduced losses rather than just higher top-line figures.

Clean Energy Technologies, Inc. has successfully implemented an advanced manufacturing initiative with partner Sagacity to produce components for its Clean Cycle II heat recovery systems, a move expected to substantially lower production costs and improve supply chain efficiency. The strategic manufacturing collaboration, initiated in 2025, has now supported the initial production of key Organic Rankine Cycle system components. This development targets improved sourcing speed, manufacturing responsiveness, and production economics for the company's magnetic bearing ORC systems, which capture waste heat from engines and factories to generate clean power.

The new manufacturing structure is designed to deliver measurable operational benefits, including substantially lower component costs, improved production scalability, and greater application flexibility. A more stable and responsive supply chain is expected to support rapidly increasing global demand. These enhancements are anticipated to improve the affordability and commercial competitiveness of CETY's ORC waste heat recovery systems across industrial applications such as biomass, industrial manufacturing, waste heat recovery, data centers, distributed power generation, and oil and gas operations.

Kam Mahdi, CEO of Clean Energy Technologies, commented that the successful transition into production marks an important operational achievement. He stated that the company has established a faster, more cost-efficient manufacturing framework that significantly improves its ability to scale deployment of ORC systems globally. Mahdi added that lower manufacturing costs and improved sourcing efficiency strengthen the company's competitive position and support broader adoption of waste heat-to-power technologies.

CETY believes the enhanced manufacturing capabilities and strengthened supply chain infrastructure will support faster project execution, lower prices with improved margins, and greater flexibility in addressing growing customer demand for energy efficiency and decarbonization solutions. The company's magnetic bearing ORC technology converts industrial waste heat into usable electricity without combustion, enabling customers to improve operational efficiency while reducing energy waste and emissions.

Key Operational Benefits

The collaboration with Sagacity is projected to yield several specific advantages for the company's operations:

• Lower Costs: Substantial reduction in component costs for the Clean Cycle II systems.
• Scalability: Improved production scalability to meet rising global demand.
• Flexibility: Greater application flexibility across various industrial sectors.
• Supply Chain: A more stable and responsive supply chain infrastructure.

As industries worldwide prioritize energy efficiency, resiliency, and sustainability, CETY anticipates that its improved manufacturing platform and lower-cost ORC deployment capabilities will position the company for expanded commercial opportunities both domestically and internationally.