SAN RAFAEL, Bulacan, Philippines, April 28, 2026 (GLOBE NEWSWIRE) -- One and one Green Technologies. INC (Nasdaq: YDDL) ("One and One" or the "Company") (NASDAQ: YDDL), a Philippines-based recycler holding a government-issued license in the Philippines to import and process hazardous waste as raw materials, today announced its audited financial results for the fiscal year ended December 31, 2025, in conjunction with the filing of its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission.
Financial Highlights -- Fiscal Year Ended December 31, 2025:
-- Total revenue increased 23% year over year to $65.8 million from $53.5
million.
-- Gross profit rose 49% to $15.8 million from $10.6 million in the prior
year.
-- Gross margin improved to 23.9%, up from 19.8%, representing a 417 basis
point expansion.
-- Income from operations grew 47% to $11.9 million, compared to $8.1
million in 2024.
-- Net income advanced 82% to $11.8 million from $6.5 million in the prior
year.
-- Earnings per share (basic and diluted) increased 81% to $0.23 from $0.12.
"2025 was a defining year for One and One. We delivered record revenue and strong profitability, with net income increasing by over 80%, and gross margin expanded by more than four hundred basis points. The Company also completed its U.S. initial public offering on Nasdaq during the year," said Ms. Tina Yan, Chairwoman of the Board and Chief Executive Officer of One and One Green Technologies.
"Our core copper alloy ingot business grew revenue 37% year over year, driven by sustained demand from Asia-Pacific end markets and our ability to secure raw materials at favorable prices. As a newly listed company, we remain focused on executing our strategy with discipline, strengthening our operational foundation, and expanding our presence across key international markets. We are committed to driving sustainable growth and enhancing long-term shareholder value."
Operational and Financial Review
Revenue growth was led by copper alloy ingots, which increased to $45.1 million in 2025 from $32.8 million in 2024, reflecting stronger demand across key Asia-Pacific end markets and a 37% increase in sales volume. Aluminum alloy revenue grew to $19.8 million from $15.5 million. Brass alloy ingot revenue was $994,000 compared to $4.3 million in the prior year, reflecting a shift in demand within specific customer segments that the Company continues to monitor.
Gross margin expanded to 23.94% from 19.77%, an improvement of 417 basis points. The Company attributes the improvement principally to lower purchase prices for copper and aluminum raw materials, reflecting disciplined supply chain management and the benefit of our supply arrangements with the key partners.
Balance Sheet and Capital Position
As of December 31, 2025, One and One had total assets of $56.0 million and total shareholders' equity of $41.8 million, compared to $36.5 million and $20.7 million, respectively, at the end of 2024. The Company maintained a capital structure with no interest-bearing debt.
On October 10, 2025, One and One completed its initial public offering of 2,000,000 Class A ordinary shares at $5.00 per share. On October 28, 2025, the underwriters exercised the overallotment option in full to purchase an additional 300,000 Class A ordinary shares. Total gross proceeds from the offering, including the over-allotment, were approximately $11.5 million before deducting underwriting discounts and other offering expenses.
Conference Call and Audio Webcast
One and One's management team will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Manila Time) on April 28, 2026, to discuss its financial results.
-- Toll-free dial-in number: 1-877-407-3982
-- International dial-in number: 1-201-493-6780
-- Webcast and replay:
https://viavid.webcasts.com/starthere.jsp?ei=1761177&tp_key=c045e6e7ca
A live and archived webcast of the conference call will also be available on the Company's investor relations website at https://ir.onepgti.com.
About One and One Green Technologies. INC
One and one Green Technologies. INC (NASDAQ: YDDL) is a licensed hazardous waste importer and a licensed recycler of non-ferrous metals and industrial materials in the Philippines. One and One transforms electronic waste, scrap metal, and other raw materials into high-value products, including copper alloy ingots and aluminum scraps. With a significant permitted annual capacity and advanced processing capabilities, One and One provides economical, flexible, and environmentally responsible recycling solutions to manufacturers and industrial clients across domestic and international markets. One and One is strategically positioned to meet the growing demand for sustainable resource management.
For more information, please visit our website at www.onepgti.com.
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the "Risk Factors" section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
ONE AND ONE GREEN TECHNOLOGIES. INC
CONSOLIDATED BALANCE SHEETS
AS OF DECEMBER 31, 2025 AND 2024
(In U.S. dollar except for share and per share data)
December 31, December 31,
2025 2024
-------------- --------------
ASSETS
Current Assets
Cash and cash equivalents $ 957,285 $ 1,847,634
Accounts receivable, net 26,634,057 17,401,756
Inventories, net 7,230,581 5,227,164
Advances to suppliers 1,914,972 -
Deferred offering costs - 269,752
Loan receivable 2,000,000
Other receivables and current assets 216,042 4,347
---------- ----------
Total Current Assets 38,952,937 24,750,653
---------- ----------
Non-Current Assets
Property, plant and equipment, net 10,284,569 11,292,764
Deferred tax assets 109,826 160,672
Other non-current assets 690,135 -
Operating lease right-of-use assets,
net 6,007,527 314,028
---------- ----------
Total Non-Current Assets 17,092,057 11,767,464
---------- ----------
Total Assets 56,044,994 36,518,117
========== ==========
LIABILITIES AND SHAREHOLDERS'
EQUITY
Current Liabilities
Accounts payable 1,712,220 5,752,015
Due to related parties 585,193 980,833
Taxes payable 7,390,025 7,733,816
Operating lease liabilities --
current 641,564 785,070
Other payables and accrued expenses 579,744 425,335
---------- ----------
Total Current Liabilities 10,908,746 15,677,069
---------- ----------
Non-Current Liabilities
Deferred tax liabilities - 62,806
Operating lease liabilities --
non-current 3,301,395 -
Other non-current liabilities 13,727 29,091
---------- ----------
Total Non-Current Liabilities 3,315,122 91,897
---------- ----------
Total Liabilities 14,223,868 15,768,966
---------- ----------
Commitments and Contingencies - -
Shareholders' Equity
Class A Ordinary Shares, $0.0001 par
value; 489,796,040 shares
authorized as of December 31, 2025
and 2024; 44,096,040 and 41,796,040
shares issued and outstanding as of
December 31, 2025 and 2024,
respectively 4,410 4,180
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