CDT Environmental Technology Investment Holdings Limited Annual Report 2025

CDT Environmental Technology Investment Holdings Limited reported total revenues of $18.2 million for the fiscal year ended December 31, 2025, a decrease of 38.8% year-over-year. The company incurred a net loss of $10.3 million, attributed to increased stock-based compensation and a provision for credit losses. Despite a decrease in revenues from sewage treatment systems and services, the gross profit margin saw an increase due to a higher proportion of profitable projects. Operating expenses rose significantly, primarily due to the provision for credit losses. The company has three projects in backlog totaling approximately $26.8 million as of March 31, 2026, and is pursuing bids for two new wastewater treatment projects. CDT is also exploring new energy opportunities through waste conversion. The company expects an improvement in core sales growth and stable margins in 2026, supported by its project pipeline and diversification strategy.