Birchtech Corp.

BCHT

$1.20

+2.56%

2026-09-04 10:56:28 EDT+$0.03

Industrials

Industrial - Pollution & Treatment Controls

AMEX

Active Trading

Birchtech Corp. operates as an environmental technology and services company, specializing in crafting and delivering innovative solutions for the energy sector, both ...

Price Action of BCHT

$1.20

+2.56%+$0.03

High—

Low—

52W High-75.0%

Rel. vol—

Interval

Range2.6h

Volume—SMA5SMA10

—

Birchtech Corp., formerly Midwest Energy Emissions Corp., is an environmental technology and services company headquartered in Corsicana, Texas, with operations in the U.S. and globally. Founded in 2008 by Richard MacPherson, who serves as CEO, the company focuses on innovative solutions for the energy sector, particularly mercury abatement from coal-fired ...Birchtech Corp., formerly Midwest Energy Emissions Corp., is an environmental technology and services company headquartered in Corsicana, Texas, with operations in the U.S. and globally. Founded in 2008 by Richard MacPherson, who serves as CEO, the company focuses on innovative solutions for the energy sector, particularly mercury abatement from coal-fired flue gases using its patented Sorbent Enhancement Additive (SEA) technology. This technology is backed by extensive scientific research and is designed to be effective, affordable, and sustainable. In addition to air purification, Birchtech addresses water contamination, offering advanced activated carbon solutions to remove PFAS/PFOS chemicals from drinking water, targeting a billion-dollar market. The company also engages in rare earth element extraction and processing. Birchtech officially changed its name in October 2024 and transitioned its stock listing to the Toronto Stock Exchange under the symbol 'BCHT', while also trading on OTCQB. Financially, the company has a market cap of approximately $36 million, with revenue per share of $0.856, but has been operating at a loss with negative EBITDA margins. It maintains a current ratio of 1.77 and a cash ratio of 1.471, indicating short-term liquidity. Key leadership includes founder and CEO Richard MacPherson, who has over 30 years of executive experience. With a small team of 15 employees, Birchtech is positioned for growth in the environmental technology sector, aiming to become a leading clean coal and clean water company.ExpandCollapse

Founded

2008

Employees

CEO

Richard A. MacPherson

Full Name

Birchtech Corp.

Sector

Industrials

Industry

Industrial - Pollution & Treatment Controls

ROE

-101.27%

Market Cap

$0.03B

Current Ratio

1.42

WACC

13.82%

ROIC

-32.93%

Contact Information

https://www.birchtech.com

614 505 6115

1810 Jester Drive, Corsicana, TX 75109

Key Metrics of BCHT

Snapshot

Latest / TTM · 6 periods

Market Cap

$31.57M

ROCE

-38.7%

EV / EBITDA

-8.43x

-237.0% YoY

FCF Yield

-12.5%

-11.5% YoY

Cash Conversion Cycle

-42.0d

Current Ratio

1.42

Quick take

TTM —

No major risk flags in selected headline metrics.

Financial Highlights of BCHT

Profitability trend

Latest / TTM · 6 periods

Gross Margin

38.5%

Net Margin

-21.7%

P/E Ratio

-7.24x

n/a

Debt / Equity

0.03

n/a

Current Ratio

1.42

Dividend Yield

0.0%

Understanding

TTM —

Interest coverage is weak

Calendar of BCHT

Upcoming

Sep 30, 2026In 26 days
Q3 FY2026 · Estimated results
Est. EPS $-0.04 · Revenue $4.20M · 1 analysts
Dec 30, 2026
Q4 FY2026 · Estimated results
Est. EPS $-0.04 · Revenue $4.40M · 1 analysts
Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $-0.26 · Revenue $16.60M · 1 analysts
Mar 30, 2027
Q1 FY2027 · Estimated results
Est. EPS $-0.03 · Revenue $4.70M · 1 analysts

Recent history

Aug 13, 2026
Q2 FY2026 · Results reported
EPS $-0.11 · Revenue $3.79M
View filing
May 13, 2026
Q1 FY2026 · Results reported
EPS $-0.06 · Revenue $4.24M
View filing
Mar 31, 2026
FY2025 · Annual results
EPS $-0.16 · Revenue $17.63M
View filing
Nov 13, 2025
Q3 FY2025 · Results reported
EPS $0.04 · Revenue $7.36M
View filing
Aug 14, 2025
Q2 FY2025 · Results reported
EPS $-0.08 · Revenue $3.25M
View filing
May 15, 2025
Q1 FY2025 · Results reported
EPS $-0.09 · Revenue $3.22M
View filing

Financial Statements of BCHT

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$17.6M	+1.3%	-10.6%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$-3.0M	+72.0%	-124.3%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+40.9%	+0.4%	-17.9%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	-16.9%	+58.6%	-57.9%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	-17.2%	+72.3%	-150.8%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$-729410	+85.2%	-32.0%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	-4.1%	+85.3%	-47.6%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	-15.4%	-159.8%	+30.1%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	0.47x	-32.7%	-19.7%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$9.2M	-10.0%	-9.3%

Actual vs Estimate

A Dec 31Q Sep 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	-0.16 vs -0.19	+15.8%	-0.11 vs -0.04	-175.0%
Revenue Surprise	$17.6M vs $17.5M	+0.7%	$3.8M vs $4.2M	-9.7%

Insider Transactions of BCHT

Acquisitions (A)

Since Dec 11, 2025

Disposals (D)

Since Dec 11, 2025

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
May 1, 2026	Mioska Michael David	officer	—	—	0	—
Feb 27, 2026	MacPherson Richard	director, 10 percent owner, officer: President and CEO	Common Stock	A	312,500	$2.40
Dec 12, 2025	Kaye David M	director	Common Stock	A	250,000	$0.58
Dec 12, 2025	Kaye David M	director	Common Stock	D	155,214	$0.93
Dec 12, 2025	Kaye David M	director	Stock Option (Right to Buy)	D	250,000	$0.58

Earnings Call Transcript of BCHT

1 transcript segments

Q2 2026

Unknown Speaker

Operator: Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to Birchtech's Second Quarter 2026 Earnings Conference Call. [Operator Instructions] This conference is being recorded today, Thursday, August 13, 2026, and the earnings press release accompanying this conference call was issued after the market closed today. On our call today is Birchtech President and CEO, Richard MacPherson and CFO, Michael Mioska. Before we get started, I'll read a disclaimer about forward-looking statements. This conference call may contain, in addition to historical information, forward-looking statements that are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 or forward-looking information under applicable Canadian securities laws regarding Birchtech. Forward-looking statements include, but are not limited to, statements that express a company's intentions, beliefs, expectations, strategies, predictions or other statements relating to its future earnings, activities, events or conditions. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results -- actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors discussed from time to time in Birchtech's periodic filings with the U.S. Securities and Exchange Commission or Canadian securities regulators. In addition, such statements could be affected by risks and uncertainties related to factors beyond the company's control that may cause actual results to differ materially from those in the forward-looking statements. During today's call, the company will discuss Adjusted EBITDA, a non-GAAP financial measure. Adjusted EBITDA is presented as a supplemental measure of the company's performance and exclusive of certain items that the company believes do not reflect the core operations of the company. Such non-GAAP measures should not be considered in isolation or as a substitute for GAAP financial information. Additionally, the company's definition of these measures may differ from those used by other companies, making comparisons across organizations difficult. And finally, this conference call contains time-sensitive information that reflects management's best analysis only as of the date and time of this conference call. The company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arrive after the date of this conference call. At this time, I'd like to turn the call over to President and CEO Richard MacPherson. Richard, the floor is yours. Richard MacPherson: Thank you, …

Leadership Team of BCHT

7 executives

Name	Title	Compensation	Gender	Year Born	Status
Richard A. MacPherson	Founder, President, CEO & Chairman of the Board	USD 1,146,279	Male	1955	Active
James Trettel	Chief Operating Officer	USD 622,093	Male	1968	Active
John Pavlish	Senior VP & CTO	USD 523,082	Male	1958	Active
David Kaye	Secretary & Director	USD 75,000	Male	1955	Active
Dennis Baranik	Director of National Sales	—	Male	—	Active
Stacey Hyatt	Corporate Communications Manager	—	Female	—	Active
Michael David Mioska	Chief Financial Officer	—	Male	1981	Active

Recent News of BCHT

GlobeNewsWire8/24/2026Neutral

Gabelli To Host 4th Annual PFAS Symposium

PALM BEACH, Fla., Aug. 24, 2026 (GLOBE NEWSWIRE) -- Gabelli is hosting its 4th Annual PFAS Symposium on September 24th, 2026, in New York City.

Seeking Alpha8/14/2026Neutral

Birchtech Corp. (BCHT) Q2 2026 Earnings Call Transcript

GlobeNewsWire8/13/2026Neutral

Birchtech Reports Second Quarter 2026 Financial Results

CORSICANA, Texas, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Birchtech Corp. (NYSE American: BCHT) (TSX: BCHT) (“Birchtech” or the “Company”), a leader in specialty activated carbon technologies for sustainable air and water treatment, today reported financial results for the second quarter ended June 30, 2026. Key Second Quarter 2026 & Subsequent Operational Highlights Announced the end of all remaining attempts to challenge the Company's patents under Inter Partes Review (IPR), with every petition filed with the Patent Trial and Appeal Board (PTAB) against Birchtech's patented SEA® mercury emissions removal technology now dismissed, removed prior to institution, or resolved, and all parties previously involved permanently barred from bringing further patent validity challenges.

GlobeNewsWire8/7/2026Neutral

Birchtech Announces Results of Voting from Annual Meeting of Stockholders

CORSICANA, Texas, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Birchtech Corp. (NYSE American: BCHT) (TSX: BCHT) (“Birchtech” or the “Company”), a leader in specialty activated carbon technologies for sustainable air and water treatment, today reported the voting results from its Annual Meeting of Stockholders held on July 23, 2026 (the “2026 Annual Meeting”). Each of the four nominees listed in the Company's proxy statement dated June 24, 2026 for election to the Board were duly elected directors of the Company.

GlobeNewsWire8/6/2026Neutral

Birchtech Corp. to Host Second Quarter 2026 Earnings Call on August 13 at 5:00 p.m. Eastern Time

CORSICANA, Texas, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Birchtech Corp. (NYSE American: BCHT) (TSX: BCHT) (“Birchtech” or the “Company”), a leader in specialty activated carbon technologies for sustainable air and water treatment, today announced that it will release financial results for the second quarter ended June 30, 2026, after market close on Thursday, August 13, 2026. Management will host an investor conference call at 5:00 p.m.

Related stocksIndustrial - Pollution & Treatment Controls

Browse all US stocks →

About UsPrivacy PolicyTerms of ServiceDisclaimerStock DirectoryETFsIndices13F HoldingsAnalyst TargetsFree ToolsTechnology MapJoin our Slack

Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer

Birchtech Corp.

Contact Information

Upcoming

Q3 FY2026 · Estimated results

Q4 FY2026 · Estimated results

FY2026 · Estimated annual results

Q1 FY2027 · Estimated results

Recent history

Q2 FY2026 · Results reported

Q1 FY2026 · Results reported

FY2025 · Annual results

Q3 FY2025 · Results reported

Q2 FY2025 · Results reported

Q1 FY2025 · Results reported

Gabelli To Host 4th Annual PFAS Symposium

Birchtech Corp. (BCHT) Q2 2026 Earnings Call Transcript

Birchtech Reports Second Quarter 2026 Financial Results

Birchtech Announces Results of Voting from Annual Meeting of Stockholders

Birchtech Corp. to Host Second Quarter 2026 Earnings Call on August 13 at 5:00 p.m. Eastern Time

Related stocksIndustrial - Pollution & Treatment Controls

Upcoming

Q3 FY2026 · Estimated results

Q4 FY2026 · Estimated results

FY2026 · Estimated annual results

Q1 FY2027 · Estimated results

Recent history

Q2 FY2026 · Results reported

Q1 FY2026 · Results reported

FY2025 · Annual results

Q3 FY2025 · Results reported

Q2 FY2025 · Results reported

Q1 FY2025 · Results reported

Gabelli To Host 4th Annual PFAS Symposium

Birchtech Corp. (BCHT) Q2 2026 Earnings Call Transcript

Birchtech Reports Second Quarter 2026 Financial Results

Birchtech Announces Results of Voting from Annual Meeting of Stockholders

Birchtech Corp. to Host Second Quarter 2026 Earnings Call on August 13 at 5:00 p.m. Eastern Time