Base Carbon Inc.

Base Carbon Inc.

BCBN.NE
Base Carbon Inc.CN flagCBOE CA
0.50
CAD
-0.07
- -
49.92MMarket Cap
Base Carbon Inc.
BCBN.NE
(CBOE CA)

Recent

price

0.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
TTM
FRC
- -
- -
0.05
0.25
0.02
- -
Revenue per Share
-0.01
-0.12
0.82
-0.25
- -
-0.01
Basic EPS, GAAP
-0.01
-0.24
-0.07
0.14
-0.05
-0.06
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
0.4
0.29
1.1
0.88
0.94
0.93
Book Value per Share
0.41
0.35
1.12
0.9
0.95
0.95
Tangible Book Value per Share
128
126
121
115
105
104
Basic Weighted Avg Shares
- -
- -
6
28
2
- -
Sales/Revenue/Turnover
- -
- -
1,624.15
-95.02
378.91
17,719.45
Operating Margin (%)
- -
- -
- -
- -
- -
- -
Depreciation Expense
-2
-15
98
-29
- -
-1
Net Income, GAAP
- -
- -
5.75
- -
53.24
10.73
Effective Tax Rate (%)
- -
- -
1,531.16
-102.44
13.53
-2,041.96
Profit Margin (%)
47
13
36
49
40
41
Working Capital
- -
- -
- -
- -
- -
- -
LT Debt
52
44
135
103
100
98
Total Equity
- -
- -
109.98
- -
3.14
10.2
Return on Invested Capital (%)
- -
- -
111.88
- -
0.25
-1.34
Return on Capital (%)
- -
-35.6
116.05
-24.68
0.25
-1.35
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
103
103
101
Market Capitalization
69
77
59

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
46
41
41
Cash, Cash Equivalents & STI
19
17
20
Accounts Receivable, Net
- -
- -
- -
Inventories
23
21
16
Total Current Liabilities
1
1
- -
Payables & Accruals
1
1
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-2.44%
Free Cash Flow
- -
- -
-132.39%
Net Income, GAAP
- -
- -
-100.85%
Sales/Revenue/Turnover
- -
- -
-93.58%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
13
-9
4
28
2025
1
1
7
-8
2
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.17
0.06
- -
- -
-0.25
2025
- -
- -
0.02
- -
- -
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Base Carbon Inc. is a Toronto-based company specializing in financing and developing projects in the global voluntary carbon markets. Founded in Canada and operating primarily through its wholly owned subsidiary, Base Carbon Capital Partners Corp., the company provides capital, development expertise, and management operating resources to carbon reduction projects. Its core products and services include financing carbon reduction initiatives, development and deployment of verified carbon offset projects, and management of carbon credit inventories. Notable project categories include cookstoves, water purification devices, afforestation, and other environmental impact initiatives that generate verified carbon credits under internationally recognized standards such as Verra's Verified Carbon Standard and Gold Standard. Base Carbon engages with corporations, sovereign entities, academic institutions, and project developers to produce and commercialize verified carbon credits, contributing to broader sustainability and environmental, social, and governance (ESG) markets worldwide. The company has recently executed significant operational expansions and strategic developments. In 2022, it rebranded from 1287411 B.C. Ltd. to Base Carbon Inc. It has consolidated its ownership in operating companies and expanded its portfolio with projects like the Vietnam Household Devices initiative, involving distribution of 850,000 fuel-efficient cookstoves and 364,000 safe-drinking water purifiers, generating millions of carbon credits. A key strategic advancement includes the Rwanda Cookstoves project achieving first carbon credit production with over 1.7 million Article 6 Authorised credits, valued at $25 million, and the upcoming issuance of carbon credits from an India afforestation project that planted 6.5 million trees. Base Carbon has also incorporated innovative technologies such as satellite monitoring, IoT sensors, and blockchain to enhance transparency and efficiency in carbon credit verification and trading. Financially, the company has reported multiple consecutive quarters of carbon credit sales, substantial cash proceeds from projects, and ongoing share repurchase programs to optimize capital structure. Its latest strategic focus includes expanding project operations in Southeast Asia and Latin America, furthering its position as a notable participant and innovator within the voluntary carbon and broader environmental markets. Base Carbon operates mainly in the voluntary carbon offset market, targeting global environmental sustainability efforts with a customer base comprising corporate entities, governments, and project developers. Its geographic footprint primarily includes projects in Vietnam, Rwanda, and India, with ambitions to extend into Latin America and other parts of Southeast Asia. The company aims to serve as a preferred partner for carbon projects worldwide by providing capital, technological expertise, and operational management resources throughout the entire project lifecycle. Its commitment extends to developing near-carbon environmental industrial investments, including biochar and agroforestry, aligning with evolving carbon industry demands and regulatory frameworks. Base Carbon Inc is listed on OTC Markets under the ticker BCBNF and maintains robust corporate governance with an executive leadership team led by CEO Michael Costa. The company continues its strategic transformation in the environmental finance sector, combining project-centric growth with ongoing innovations in carbon credit product development and market infrastructure. This comprehensive positioning highlights Base Carbon Inc. as an active financier and developer in the voluntary carbon market, with a strong portfolio of verified emission reduction projects, cutting-edge technology integration, and a strategic focus on global expansion and sustainability-driven investment opportunities.