Karbon-X Corp. (KARX) Stock

About Karbon-X Corp.

Karbon-X Corp., headquartered in Calgary, Canada, and founded in 2017, functions as a carbon marketing enterprise. The company's core mission revolves around leveraging technology-driven strategies to mitigate greenhouse gas emissions. It actively contributes to this goal by facilitating the trade of carbon credits. Beyond this, Karbon-X allocates capital to various initiatives designed to reduce atmospheric CO2, including direct air capture systems, sustainable hydroelectric power generation, and large-scale reforestation programs. Its services are extended to a diverse clientele across sectors such as mining, forestry, civil engineering projects, transportation, and the oil and gas industries. The entity, originally incorporated as Cocoluv, Inc., rebranded itself as Karbon-X Corp. in April 2022.

Karbon-X Corp. is headquartered in CA.

Karbon-X Corp. (KARX) stock trades at $0.19 with a market capitalization of $16.94M. The stock is valued at a price-to-earnings (P/E) ratio of -1.27, price-to-book of -2.42, price-to-sales of 0.27. Over the past 52 weeks the stock has ranged between $0.13 and $1.01, and currently trades 81.2% below its 52-week high.

On profitability, Karbon-X Corp. generates a return on equity (ROE) of 421.26% — well above the market average, a sign of a high-quality business, return on capital employed of 772.48%, an operating margin of -16.87%, a net profit margin of -20.22%.

Official website: www.karbon-x.com