Midwest Energy Emissions Corp.

Midwest Energy Emissions Corp.

MEEC
Midwest Energy Emissions Corp.US flagOther OTC
0.75
USD
+0.00
- -
72.11MMarket Cap
Midwest Energy Emissions Corp.
MEEC
(Other OTC)

Recent

price

0.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
0.3
0.01
- -
0.02
0.02
0.05
0.07
0.29
0.64
0.37
0.16
0.15
0.1
0.15
0.24
0.19
0.17
Revenue per Share
-8.49
-8.05
-0.02
-0.32
-0.12
-0.14
-0.13
-0.32
-0.31
-0.04
-0.06
-0.08
-0.07
-0.04
-0.02
0.06
- -
Basic EPS, GAAP
-2.66
-2.06
-0.02
-0.1
-0.08
-0.05
-0.08
-0.08
0.03
-0.05
-0.02
-0.02
-0.02
- -
- -
0.2
0.15
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-30.72
-17.29
-0.03
-0.34
-0.42
-0.55
-0.61
-0.86
-0.86
-0.62
-0.68
-0.75
-0.81
-0.79
-0.76
-0.67
-0.76
Book Value per Share
-8.55
-2.81
-0.03
-0.03
-0.12
-0.15
-0.12
-0.29
-0.09
-0.1
-0.15
-0.15
-0.2
-0.15
-0.1
-0.03
- -
Tangible Book Value per Share
- -
1
19
29
33
34
39
44
51
75
76
77
78
85
90
94
95
Basic Weighted Avg Shares
- -
- -
- -
- -
1
2
3
13
32
27
12
11
8
13
22
18
16
Sales/Revenue/Turnover
-2,321.38
-76,890.9
-6,736.64
-1,279.71
-403.13
-253.08
-232.17
-18.63
6.36
0.04
-22.34
-29.32
-39.44
-6.62
4.18
-47.04
-85.04
Operating Margin (%)
1
- -
- -
- -
- -
- -
- -
- -
1
1
1
1
1
1
1
- -
- -
Depreciation Expense
-3
-9
- -
-9
-4
-5
-5
-14
-16
-3
-5
-6
-6
-4
-2
6
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
7.42
5.03
Effective Tax Rate (%)
-2,785
-133,065.74
-6,736.64
-2,073.24
-492.09
-290.9
-179.21
-112.9
-48.28
-10.56
-39.17
-53.41
-71.41
-27.92
-7.31
32.91
-1.51
Profit Margin (%)
-1
-1
-1
-2
-2
-1
2
-2
6
- -
- -
- -
-1
-12
2
22
4
Working Capital
3
3
- -
- -
3
5
2
3
13
10
14
12
15
- -
10
11
- -
LT Debt
6
1
- -
-1
-4
-5
-5
-13
-4
-4
-9
-9
-13
-10
-7
-1
2
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-116.55
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-13.01
-13.36
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
3
3
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
94
96
96
Market Capitalization
93
64
71

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
14
11
8
Cash, Cash Equivalents & STI
11
8
4
Accounts Receivable, Net
2
2
2
Inventories
1
1
1
Total Current Liabilities
5
6
4
Payables & Accruals
2
3
4
ST Debt
3
3
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.21%
-17.55%
-89.44%
Free Cash Flow
3,119.83%
6,325.9%
31,804.08%
Net Income, GAAP
-36.33%
-109.06%
-473.32%
Sales/Revenue/Turnover
57.83%
14.59%
-17.02%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
3
5
7
6
22
2023
3
4
7
4
18
2024
4
3
5
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.01
- -
0.01
- -
-0.02
2023
-0.02
-0.01
-0.01
- -
0.06
2024
-0.03
-0.07
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
Business
Midwest Energy Emissions Corp, now operating as Birchtech Corp. following a corporate name change in October 2024, is an environmental technology company specializing in clean air and water solutions. The company develops, manufactures, and sells proprietary sorbent technologies with a focus on mercury emissions capture for the coal-fired utility sector, primarily through its patented Sorbent Enhancement Additive (SEA) technology designed to reduce mercury emissions from coal-fired power plants. Birchtech also provides advanced water purification technologies targeting the removal of contaminants such as PFAS ("forever chemicals") and PFOS under its WE2C Environmental brand, positioning itself at the forefront of potable water treatment innovation. Additionally, the company is engaged in the extraction and processing of rare earth elements. Its core products and services include mercury capture solutions, water treatment sorbents, activated carbon technologies, and environmental consulting services for power and water utilities in the United States and internationally. In recent major developments, Birchtech rebranded from Midwest Energy Emissions Corp to reflect its expanded focus beyond air emissions to include water treatment technologies. The company launched the WE2C Environmental division to address growing market demand for PFAS removal technologies amid evolving EPA standards, with commercialization planned to accelerate starting in late 2024 into 2025. Birchtech significantly reduced its liabilities by repaying approximately $9 million in debt, boosting its financial position with $11.2 million in cash and $8.2 million in working capital as of late 2024. It secured a $57 million patent infringement verdict, enhancing its competitive stance. Birchtech is also exploring acquisitions and joint ventures to expand its activated carbon production capacity to meet demand in water remediation. The company recently debuted on the TSX under its new stock symbol BCHT, aiming to enhance liquidity and attract global investors. It continues to innovate in its patented SEA technology for mercury control and is progressing field testing related to rare earth element applications. Founded in 2002 and headquartered in Corsicana, Texas, Birchtech serves the environmental technology industry, focusing on emissions control and water purification for industrial and utility customers. It operates primarily in North America but has international aspirations through technology licensing and partnerships. The company's latest strategic shifts center on broadening its environmental solutions portfolio to leverage emerging regulatory markets, notably the growing need for affordable, effective PFAS removal from drinking water. Birchtech Corp combines advanced patented sorbent applications for air and water quality enhancement, rare earth element processing, and sustainable environmental technology innovation, reflecting its evolution from a mercury emissions control specialist to a multi-technology environmental leader. The company continues to pursue growth through product development, strategic collaborations, financial restructuring, and market expansion with a strong technological and financial foundation.

Company News

APIChatGPT
  • Midwest Energy Emissions (OTCMKTS:MEEC) Share Price Passes Above 50-Day Moving Average – What’s Next?

  • Midwest Energy Emissions (OTCMKTS:MEEC) Shares Cross Above 50 Day Moving Average – What’s Next?

  • Birchtech Begins Trading Under New Stock Symbol [BCHT] in the U.S. and Canada, Special Shareholder Webinar Announced Addressing Corporate Rebrand

  • Midwest Energy Emissions Corp Becomes "Birchtech", Corporate Name Change and Stock Symbol Announced Alongside Conditional Listing Approval from the TSX

  • ME2C Environmental Opening Two Best-in-Class Labs to Assist Communities Removing "Forever Chemicals" from Drinking Water

  • ME2C Environmental Reports Second Quarter 2024 Financial Results

  • ME2C Environmental Files Patent Infringement Lawsuits Against 14 Defendants Including Major Power Utility Companies

  • ME2C Environmental Engages DS Market Solutions Inc. to Provide Market Support

  • ME2C Environmental Appoints New Executive, Dennis Baranik, as Director of National Sales

  • ME2C Environmental Reports First Quarter 2024 Financial Results

  • ME2C Environmental Appoints Dr. David Mazyck as Division Director of WE2C Environmental

  • ME2C Environmental to Report First Quarter 2024 Financial Results on May 16, 2024

  • ME2C Environmental Announces New Division "WE2C Environmental" for Potable Water Treatment

  • Midwest Energy Emissions Corp. (MEEC) Q4 2023 Earnings Call Transcript

  • ME2C Environmental Conference Call & Webcast Access Released for Fourth Quarter and Full Year 2023

  • ME2C Environmental Conference Call & Webcast Access Released for Fourth Quarter and Full Year 2023

  • If You Can Only Buy One Penny Stock in April, It Better Be One of These 7 Names

  • Midwest Energy Emissions: Market Cap In Cash With Numerous Large Growth Opportunities

  • ME2C Environmental to Host Fourth Quarter and Full Year 2023 Conference Call & Corporate Update on April 15, 2024

  • ME2C Environmental Receives Dollar for Dollar Credit Reducing Remaining Debt with Its Principal Financial Partner