CitroTech Inc.
CITR · Chemicals & Allied Products · 22.4M shares · -29%/yr ↓ buyback · EDGAR filings ↗
Grade
D43Pre-scale specialty fire-inhibitor micro-cap with explosive losses, heavy leverage and limited cash runway.
Strengths
- Revenue up 195% to $2.4M off a tiny base; strong current/quick ratios (3.4/3.1, 87th pct)
- Differentiated EPA Safer Choice IP portfolio (37 issued patents)
Risks
- Net loss $36.8M; net margin -1547%, ROA -260%, ROE -327% (all bottom-decile)
- Cash runway ~4 quarters, highly leveraged, single-stockholder control, 'do not currently have sufficient cash flow to maintain our business'
Notable findings
- No interest coverageInterest coverage -10.92 (cannot cover interest)
- Net lossNet loss (net margin -1546.9%)
- Cash burnNegative free cash flow (-6.1M)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Buying back stockNet buyback — share count -29%/yr over 3y
- Revenue declineRevenue -20.9% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
-327.1%
Return on assets
-259.7%
Revenue growth (QoQ)
19.7%
Interest coverage
-10.9×
Current ratio
3.4×
Free cash flow
-$6M
EBITDA
-$16M
Tangible book value
$6M
Cash & investments
$6M
Cash runway
4q
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-29 | Ralston Theodore | Conversion | 44K | — |
| 2026-05-29 | Ralston Theodore | Gift | 105K | — |
| 2026-05-29 | Ralston Theodore | Other | 600K | — |
| 2026-05-28 | Ralston Theodore | Disposition | 1.4M | — |
| 2026-05-28 | HUFF CRAIG A | Disposition | 303K | — |
| 2026-04-28 | HUFF CRAIG A | Conversion | 941K | $2.40 |
| 2026-04-21 | Newton Anthony F | Conversion | 167K | — |
| 2026-04-16 | Warman Nanuk | Conversion | 178K | — |
| 2026-03-16 | Calinawan Lorenzo | Grant | 42K | — |
| 2026-03-16 | HUFF CRAIG A | Grant | 42K | — |
| 2025-09-03 | BoltRock Holdings LLC | Conversion | 2.2M | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-17 | Exec/director change | filing ↗ |
| 2026-06-01 | Material agreement3.02Exhibits | filing ↗ |
| 2026-04-21 | Material agreementExhibits | filing ↗ |
| 2026-04-03 | Material agreementExec/director changeExhibits | filing ↗ |
| 2026-01-28 | 5.03OtherExhibits | filing ↗ |
| 2025-11-05 | Material agreementExhibits | filing ↗ |
| 2025-11-04 | Material agreementExhibits | filing ↗ |
| 2025-10-21 | Material agreement3.02Exec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-17 | 2026-06-12 | 0001683168-26-004914 ↗ |
| 8-K | 2026-06-01 | 2026-05-28 | 0001683168-26-004423 ↗ |
| 10-Q | 2026-05-15 | 2026-03-31 | 0001683168-26-003943 ↗ |
| 8-K | 2026-04-21 | 2026-04-17 | 0001683168-26-003093 ↗ |
| 8-K | 2026-04-03 | 2026-03-31 | 0001683168-26-002645 ↗ |
| 10-K | 2026-03-30 | 2025-12-31 | 0001683168-26-002356 ↗ |
| 8-K | 2026-01-28 | 2026-01-15 | 0001640334-26-000168 ↗ |
| 10-Q | 2025-11-12 | 2025-09-30 | 0001640334-25-002055 ↗ |
| 8-K/A | 2025-11-05 | 2025-10-15 | 0001640334-25-001979 ↗ |
| 8-K/A | 2025-11-04 | 2025-09-30 | 0001640334-25-001959 ↗ |
| 8-K | 2025-10-21 | 2025-10-15 | 0001640334-25-001859 ↗ |
| 8-K | 2025-10-07 | 2025-09-30 | 0001640334-25-001784 ↗ |