Clean Energy Technologies, Inc. (CETY) Cash Flow Statement
Where CETY’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- −$7.9M
- Capital expenditures
- $12,679 0.6% of revenue
- Free cash flow
- −$7.9M −367.1% margin
- Returned to shareholders
- $101,124
- Change in cash
- $540,360 cash at year-end $602,461
Cash from operations
−$7.9M
Acquisitions & other
+$258,427
Dividends
−$101,124
Net borrowing (repayment)
+$3.4M
Shares issued
+$5.1M
Other financing
−$151,456
Change in cash
$540,360
Drawn to scale: where the cash came from and how it was used. Hover for values.
CETY operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
CETY cash flow trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$513,1862016 | −$7.9M2025 | — | |
| Capital expenditures | $75,4362016 | $12,6792025 | −18.0%/yr | |
| Free cash flow | −$588,6222016 | −$7.9M2025 | — | |
| Free cash flow margin | −28.8%2016 | −367.1%2025 | −338.3 pts | |
| Operating cash flow / net income | −9.172021 | −15.232022 | −6.06 | |
| Stock-based compensation | $113,3472016 | $125,4252025 | +1.1%/yr | |
| Dividends paid | $42,7512024 | $101,1242025 | +136.5%/yr | |
| Share buybacks (net) | $02016 | $02022 | — | |
| Capex / revenue | 3.7%2016 | 0.6%2025 | −3.1 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CETY cash flow by activity
OperatingInvestingFinancingChange in cash
CETY net income vs operating cash flow
Net incomeOperating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
CETY cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −$6.8M | −$4.6M | −$5.9M | $147,395 | $278,492 | −$3.4M | −$2.6M | −$2.8M | −$2.2M | −$1.7M |
| Depreciation & amortization | $13,922 | $10,423 | $26,859 | $30,076 | $32,292 | $32,912 | $41,437 | $52,444 | $54,650 | $41,444 |
| Stock-based compensation | $125,425 | $62,250 | $148,100 | $0 | — | — | $0 | $353,140 | $2,460 | $113,347 |
| Change in working capital | −$3.6M | $340,241 | −$598,943 | −$763,578 | −$618,493 | $252,119 | −$194,573 | $349,992 | $155,763 | $1.0M |
| Other non-cash items | $2.3M | $576,431 | $1.6M | −$1.7M | −$2.2M | $1.7M | $484,951 | $611,542 | $506,511 | $14,973 |
| Cash from operating activities | −$7.9M | −$3.6M | −$4.8M | −$2.2M | −$2.6M | −$1.4M | −$2.2M | −$1.4M | −$1.5M | −$513,186 |
| Investing activities | ||||||||||
| Capital expenditures | −$12,679 | $0 | −$4,711 | $0 | $0 | $0 | −$8,000 | −$8,000 | −$8,000 | −$75,436 |
| Investments (net) | — | $161,240 | −$318,602 | −$116,000 | −$1.5M | −$567,123 | −$8,000 | $0 | $0 | −$75,436 |
| Acquisitions & other investing | $258,427 | $0 | $4,711 | −$1.3M | $0 | −$932,877 | $8,000 | $0 | $0 | $75,436 |
| Cash from investing activities | $245,748 | $161,240 | −$318,602 | −$1.4M | −$1.5M | −$1.5M | −$8,000 | −$8,000 | −$8,000 | −$75,436 |
| Financing activities | ||||||||||
| Dividends paid | −$101,124 | −$42,751 | — | — | — | — | — | — | — | — |
| Share repurchases & issuance (net) | — | — | — | $1.5M | — | — | — | — | — | $420,000 |
| Net borrowing (repayment) | $3.4M | $1.4M | $809,020 | $1.3M | $68,888 | $666,854 | $133,919 | $532,560 | $1.5M | $146,868 |
| Shares issued | $5.1M | $2.1M | $3.1M | $1.5M | $4.8M | $1.2M | $2.1M | $907,377 | $0 | $0 |
| Other financing | −$151,456 | −$69,249 | $1.2M | −$1.5M | $0 | $0 | $0 | $0 | $0 | $24,000 |
| Cash from financing activities | $8.2M | $3.4M | $5.1M | $2.8M | $4.8M | $1.8M | $2.2M | $1.4M | $1.5M | $590,868 |
| Summary | ||||||||||
| Net change in cash | $540,360 | −$27,525 | $25,579 | −$1.0M | $777,430 | $407,479 | $950 | −$2,962 | $2,976 | $2,246 |
| Cash at end of period | $602,461 | $62,101 | $174,851 | $149,272 | $1.2M | $414,885 | $7,406 | $6,456 | $9,418 | $6,442 |
| Free cash flow | −$7.9M | −$3.6M | −$4.8M | −$2.2M | −$2.6M | −$1.4M | −$2.2M | −$1.4M | −$1.5M | −$588,622 |
| Free cash flow margin | −367.1% | −146.9% | −71.5% | −84.3% | −196.3% | −101.7% | −138.6% | −108.4% | −156.2% | −28.8% |
| Capex / revenue | 0.6% | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% | 0.5% | 0.6% | 0.8% | 3.7% |
| Operating cash flow / net income | — | — | — | −15.23 | −9.17 | — | — | — | — | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$1.1M | −$3.3M | −$3.3M | −$2.0M | −$1.4M | −$331,231 | −$865,650 | −$1.3M | −$831,878 | −$1.4M | −$3.1M | −$773,495 |
| Depreciation & amortization | $3,705 | $3,672 | $3,672 | $3,560 | $3,346 | $3,344 | $380 | $3,349 | $3,472 | $3,222 | $14,586 | $7,441 |
| Stock-based compensation | −$65,350 | −$16,462 | −$16,462 | $65,350 | $64,537 | $12,000 | $0 | $0 | $52,800 | $9,450 | $0 | $0 |
| Change in working capital | $118,167 | −$643,310 | −$643,310 | −$3.0M | $453,964 | −$129,016 | −$83,514 | −$13,932 | $281,615 | $201,335 | $1.1M | −$732,140 |
| Other non-cash items | $188,328 | $2.2M | $2.2M | $327,645 | $82,246 | −$331,144 | $176,441 | $133,400 | −$246,407 | $333,757 | $1.1M | $276,771 |
| Cash from operating activities | −$828,030 | −$1.7M | −$1.7M | −$4.6M | −$764,479 | −$776,047 | −$772,343 | −$1.2M | −$740,398 | −$871,636 | −$940,845 | −$1.2M |
| Investing activities | ||||||||||||
| Capital expenditures | $0 | −$55 | −$55 | −$12,621 | −$3 | −$3 | $0 | −$4 | −$2 | −$45,447 | −$45,447 | −$466 |
| Investments (net) | −$700,023 | −$2,746 | — | −$12,624 | $2,932 | −$2,932 | $77,900 | $180 | −$300 | $83,460 | −$332,713 | −$208 |
| Acquisitions & other investing | $700,000 | $261,173 | — | $12,621 | $3 | $3 | — | $4 | $2 | $45,447 | — | $466 |
| Cash from investing activities | −$23 | $258,372 | — | −$12,624 | $2,932 | −$2,932 | — | $180 | −$300 | $83,460 | — | −$208 |
| Financing activities | ||||||||||||
| Dividends paid | — | −$27,129 | — | −$42,715 | −$42,715 | −$27,272 | — | — | — | −$70,023 | — | — |
| Net borrowing (repayment) | $842,355 | $941,018 | $645,792 | $1.1M | $899,486 | $759,002 | $619,140 | $817,412 | — | — | — | — |
| Shares issued | $0 | $34,539 | $679,184 | $0 | $4.4M | $0 | $102,500 | $118,471 | $1.1M | $781,529 | $0 | $51,667 |
| Other financing | −$34,539 | $280,211 | −$96,337 | $41,648 | −$112,461 | $27,270 | −$7,773 | −$104,227 | −$242,491 | $276,365 | $1.2M | $695,507 |
| Cash from financing activities | $807,816 | $1.2M | $1.2M | $1.1M | $5.1M | $759,000 | $713,867 | $831,656 | $840,509 | $987,871 | $1.2M | $747,174 |
| Summary | ||||||||||||
| Net change in cash | −$19,343 | −$224,325 | −$224,325 | −$3.6M | $4.4M | −$19,790 | $17,952 | −$343,794 | $98,462 | $199,856 | −$88,962 | −$469,357 |
| Cash at end of period | $19,735 | $602,461 | $602,461 | $826,786 | $4.4M | $42,311 | $62,101 | $44,149 | $387,943 | $289,481 | $174,851 | $263,814 |
| Free cash flow | −$828,030 | −$1.7M | −$1.7M | −$4.6M | −$764,479 | −$776,047 | −$772,343 | −$1.2M | −$740,398 | −$871,636 | −$986,292 | −$1.2M |
| Free cash flow margin | −222.6% | −473.6% | −473.6% | −595.1% | −323.6% | −98.0% | −160.8% | −500.3% | −377.5% | −57.6% | −28.9% | −61.0% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 1.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 3.0% | 1.3% | 0.0% |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
CETY cash generation
In fiscal 2025 (ended December 31, 2025), Clean Energy Technologies generated -$7.9 million of cash from operations and spent $0.0 million on capital expenditures, leaving free cash flow of -$7.9 million, −367.1% of revenue. It returned $0.1 million to shareholders through dividends ($0.1 million) and net share buybacks ($0). Cash and equivalents rose by $0.5 million over the year.
Related: CETY income statement, CETY balance sheet. See the CETY stock overview for the latest quote and news.
CETY cash flow FAQ
What is Clean Energy Technologies's free cash flow?
Clean Energy Technologies's free cash flow was -$7.9 million in fiscal 2025: -$7.9 million of operating cash flow minus $0.0 million of capital expenditures It was -$3.6 million a year earlier..
How much cash does Clean Energy Technologies generate from operations?
Clean Energy Technologies generated -$7.9 million of cash from operating activities in fiscal 2025.
How much does Clean Energy Technologies spend on capital expenditures?
Clean Energy Technologies spent $0.0 million on capital expenditures in fiscal 2025, 0.6% of revenue.
How much does Clean Energy Technologies pay in dividends?
Clean Energy Technologies paid $0.1 million in dividends in fiscal 2025.