Ostrom Climate Releases Q2 2025 Financial Results and AGM Outcomes

Ostrom Climate Solutions Inc., a leader in carbon project development, reported a substantial revenue increase of 49% in Q2 2025, totaling $860,202. This was largely driven by increased sales of Verified Emission Reduction units. Despite this revenue growth, the gross profit fell by 25% to $277,407, influenced by higher margins from VER sales in 2024. The company also reported a reduced net loss of $683,108 compared to the previous year's loss of $856,934, following cost reduction efforts.

Operational advancements included the progress of the Climate-Smart Rice Project in the Philippines, highlighting the company's expanding carbon project pipeline. Additionally, Ostrom has repaid 20% of its promissory note debt, strengthening its financial standing.

The Annual General Meeting, held on August 22, 2025, saw the re-election of all board members and the approval of the company's financial statements. Ostrom's leadership remains focused on a strategic transformation towards growth from restructuring.