One and one Green Technologies (YDDL) Q2 2025 earnings summary

Executive summary

• Achieved record financial performance in the first half of 2025, with revenue rising to $28.1 million, reflecting strong execution, robust demand, and a successful IPO on Nasdaq.

• Transitioned from scrap metal processing to a comprehensive recycling enterprise focused on environmental stewardship and the circular economy.

• Net income increased to $3.83 million, with diluted EPS rising to $0.0736.

• Gross margin expanded, reflecting improved pricing and cost management.

• Completed an initial public offering in October 2025, raising $11.5 million in gross proceeds.

Financial highlights

• Revenue for the first half of 2025 was $28.1 million, up 50.7% year-over-year from $18.7 million.

• Gross profit rose 74% to $7.12 million, with gross margin expanding to 35.3% from 21.9% year-over-year.

• Net income increased 59.5% to $3.8 million, with diluted EPS rising to $0.0736 from $0.0461.

• Operating income nearly doubled to $5.7 million from $3.0 million year-over-year.

• Ended the period with $49.9 million in total assets and $25.3 million in shareholders' equity.

Outlook and guidance

• Optimistic about future growth, citing strategic advantages in the Philippines, favorable trade access, and robust Asia-Pacific demand.

• Plans to leverage operational expertise, disciplined cost management, and capacity expansion to meet rising demand.

• Inventory increase to $20.6 million supports anticipated future sales growth.

• Positioned to capitalize on global trends in supply chain security and critical materials demand.