Northstar Clean Technologies Inc. (ROOF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Okay, Josh, you're good. Can you see that? Yeah, we're all good to go. Take it away. Okay. Well, welcome everybody to today's call. This is the Q1 2026 results and update. I'm delighted to be joined today by Linda Panellin, our CFO. We've also got Josh Palagal from Kin, who's our anchor this morning. So normal admin, if we just... for the questions, put the questions into Josh and we will collect them at the end. As always, we have our forward-looking statement outline. And with today's results, the kind of agenda is we're going to cover the 1Q results. We're going to talk about an operating plant in Calgary and give some insight into the expansion. We'll talk about funding. and adding some financial flexibility to the business. I'm going to talk about oil exposure because we've had a chunk of questions that have been coming in around that and how that, what our exposure is for the business model. And we're going to talk about the excellent implications of what we're learning at the plant to the rollout of the business. So I will hand over to Linda for the key ones. Wow, no pressure. First off, hey? All right, so Linda, First quarter results reflect the company's efforts aimed at ramping up to commercial operations and strengthening the financial position, like Aiden mentioned. The operational graphs that you see up on the screen, they're as expected. Revenue continues to consist of tipping fees as we ramp up to steady state operations. You will see that graph change over time. Gross profit, or loss relates to the collection of shingles. And it's simply just tipping fees less the cost associated with collecting those shingles. And you'll notice that the volatility over the last four quarters is a really good example of the team and us building processes around a firs...