-
Oil prices fall after Trump hails 'good' talks with Iran
-
Tata turmoil shines light on India succession woes
-
AI political ads warp reality ahead of US midterms
-
World Cup 'not enough' as Spain begin next chapter
-
Kenneth Branagh embraces action hero role -- to get in shape
-
Meta acts against 3.7 mn scammers' accounts with Singapore police help
-
'New one' Klopp promises fresh approach as Germany reign begins
-
Australia PM says draft social media rules about taking back control
-
Milne returns to New Zealand squad for India T20 series
-
Voting opens in Alaska's annual Fat Bear Week
-
US-led Americas coalition backs sanctions against crime groups
-
MLS coach axed for telling female ref 'It's a man's game'
-
'Star Wars' fans and art lovers line up for new Lucas museum
-
US refuses to give Sudan's de facto leader visa for UN
-
Trump renames AI 'super intelligence' as leaders jostle over dangers
-
Man City hold Bayern to start Women's Champions League, Arsenal win late
-
Oil prices retreat as markets welcome US-Iran talks
-
Trump threatens Iran with 'hell' but reveals fresh talks
-
US refusing to give Sudan's de facto leader visa for UN: diplomatic sources, UN
-
Trump signs security deal with Greenland, Denmark at UN
-
Macron urges world to choose UN over 'law of the jungle'
-
Trump threatens Iran with 'hell' but unveils fresh talks
-
All-rounder Jacks stars as England beat Sri Lanka in 1st ODI
-
Chile's Atacama Desert blossoms with life after El Nino rains
-
Man City peg back Bayern to start Women's Champions League
-
Sri Lanka hands 220-year jail terms to 15 convicted of Easter bombings
-
Trump beats 'America first' drum at UN as allies tread carefully
-
Typhoon Dujuan leaves 7 dead in Japan from landslides, flooding: media
-
Snedeker backs Spaun for Ryder Cup after Presidents snub
-
Ganna and Borghini lead Italy to mixed relay gold at cycling worlds
-
French prosecutors probe secret filming of women with smart glasses
-
Drug cocktail killed former child star Hayden Panettiere: coroner
-
Trump renames AI "super intelligence," rejects international oversight
-
Moldova declares energy, water emergency
-
Trump rejects international regulation of AI
-
French Holocaust denier jailed for eight months
-
How is the EU approaching record fuel prices?
-
Oil prices slide, AI stock buzz fades
-
Sri Lanka's Colombage strikes on debut as England dismissed for 265 in first ODI
-
Trump threatens to 'annihilate' Iran in bombastic UN speech
-
Hurricane Polo strengthens to top category 5 off Mexico
-
Prada's skirts take centre stage as Milan Fashion Week begins
-
11 hurt as teen opens fire outside school in western Turkey
-
Quoin Pharmaceuticals Announces FDA Fast Track Designation for QRX003 for the Treatment of Peeling Skin Syndrome
-
UN chief says 'Big Oil' treats atmosphere as open sewer
-
Brazil's Flavio Bolsonaro turns scandal into poll gains
-
Tunisia says 2026 summer hottest on record
-
Republican senator seeks probe of Trump Jr Russian-funded wedding
-
England's Rashid out of Sri Lanka ODIs with hand injury
-
Memoir by Diana's brother goes on sale after rocking UK monarchy
Waste Energy Corp Reports Second Consecutive Quarter of Revenue Growth, First Operating Profit, and Strategic Debt Reduction
Company nearing deal to eliminate more than $1 million in debt through issuance of 3.41 million restricted shares valued at over $0.29 per share
MIDLAND, TEXAS / ACCESS Newswire / August 14, 2025 / Waste Energy Corp (OTCQB:WAST), a clean energy company converting waste plastic and tires into marketable fuels and other valuable products, today announced financial results for the second quarter ended June 30, 2025, along with key corporate updates.
First six months of 2025 Highlights
Second consecutive quarter of revenue growth as commercial operations begin.
First operating profit in company history, achieved through disciplined cost control and strategic spending.
Total assets up more than 15x year-to-date, reflecting significant growth in operational capacity and balance sheet strength.
Agreements to reduce $1,005,726 in debt obligations through the issuance of 3,414,760 restricted common shares, valued at over $0.29 per share. All agreements include trading restrictions of at least 90 days. Closures of these transactions are expected shortly.
No reverse stock split planned for 2025, reaffirming management's commitment to shareholder value.
Achieved Patent Pending Status for system to automate carbon credit creation and emissions controls using blockchain and NFTs, designed to enhance transparency, accuracy, and tradability in global carbon markets.
Secured nearly four-acre site in Midland, Texas - the energy capital of the U.S. - as the company scales commercial waste-to-energy operations.
"Our second quarter and six month results demonstrate that while it's still early, our business model and disciplined approach to cost control are delivering measurable results," said Scott Gallagher, Chairman and CEO of Waste Energy Corp. "We achieved revenue growth for the second consecutive quarter, turned an operating profit, and significantly expanded our asset base-all while maintaining tight cost discipline. With additional revenue growth expected in Q3, we are building the momentum we feel will position us for sustainable, profitable growth and expansion going forward."
To view Waste Energy Corp's full Q2 results go to www.SEC.gov or click here
Maximizing Profitability Through Technology, Market Trust, and a Revolutionary Feedstock Model
Waste Energy Corp's patent-pending technology integrates IoT sensors, AI, and blockchain to fully automate the verification and creation of carbon credits generated by its waste-to-energy systems. In today's carbon credit market-often plagued by human error, unverifiable claims, and double counting-this innovation delivers unmatched transparency. Real-time operational data is captured, AI algorithms calculate verified credit creation, and each credit is minted as a unique NFT containing its complete data history. This ensures authenticity, prevents duplication, and makes each credit instantly tradable on blockchain-enabled marketplaces, creating secure, traceable, and highly liquid digital assets. Beyond WEC's own operations, this technology presents a high-margin licensing opportunity for other operators worldwide.
Equally transformative is WEC's "Free or Better" feedstock model. Rather than incurring raw material costs, the company sources discarded plastics and tires-either at no cost or with reduced tipping fees paid to WEC for accepting them. This turns a traditional expense line item into a revenue stream, effectively converting waste into a near zero-cost asset. Every ton of feedstock processed not only generates high-value clean energy products but also supports the automated creation of carbon credits, compounding revenue opportunities.
Together, these advantages, we believe, will position Waste Energy Corp at the forefront of clean energy innovation-driving profitability, ensuring market trust, and delivering scalable, sustainable growth.
About Waste Energy Corp
Waste Energy Corp (OTCQB:WAST) is transforming waste into opportunity by converting non-recyclable plastics and used tires into clean, U.S.-based energy sources. Through the integration of advanced waste conversion and AI technologies, the company seeks to divert waste from landfills and convert it into new U.S.-based energy streams that generate measurable environmental and economic value.
Waste Energy Corp is a fully reporting SEC Exchange Act company, trading on the OTCQB under the symbol WAST. For more information, visit www.WEC.eco or access investor disclosures at www.SEC.gov.
Forward-Looking Statements
This press release and any other publicly disclosed content contain forward-looking statements regarding Waste Energy Corp's business operations, future financial performance, and projections. These statements are subject to various risks and uncertainties, including market conditions, regulatory approvals, and other factors outside of the control of WEC, which may impact actual results. Investors are encouraged to review all risk factors and disclosures in the company's public filings with the Securities and Exchange Commission, including the Company's quarterly and annual financial statements at www.SEC.gov, before making any investment in a publicly traded equity.
Investor Contact:
Waste Energy Corp
Email: [email protected]
Phone: (727) 417-7807
Website: www.WEC.eco
SOURCE: Waste Energy Corp.
View the original press release on ACCESS Newswire
P.A.Mendoza--AT