RCS - Karbon-X Project Inc - Karbon-X Corp. Files Year-End Financial Results

Karbon-XAnnouncement

17/09/2025 14:15

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RNS Number : 6045Z  Karbon-X Project Inc.  17 September 2025

Karbon-X Corp. Files Year-End Financial Results

CALGARY, AB / ACCESS Newswire (https://www.accessnewswire.com/)  / September
17, 2025 / Karbon-X Corp. (OTCQX:KARX) ("Karbon-X or the "Company"), a
vertically integrated climate solutions company, today announced that it has
filed its Form 10-K with audited financial results for the fiscal year ended
May 31, 2025.

The full filing is available under the Company's profile on OTC Markets
at www.otcmarkets.com/stock/KARX/overview (https://pr.report/eah4)

Operational and Strategic Highlights for Fiscal Year 2025

·      Completed the acquisition of ALLCOT Group, expanding Karbon-X's
global footprint and integrating world-class expertise.

·      Launched trading operations, marking a critical milestone in
validating the Company's business model and initiating its revenue-generating
activities.

·      Entered landmark partnerships with major energy producers and
with the BK Dukes, reflecting strong market confidence in Karbon-X's vision
and capabilities.

Financial Highlights for Fiscal Year 2025

·      Revenue surged to $3.16 million, up from $0.41 million in the
prior year, marking the first full year of active carbon credit trading.

·      Recognized $3.86 million in deferred revenue from forward carbon
credit contracts, including contracts acquired through the ALLCOT transaction.

·      The ALLCOT acquisition expanded Karbon-X's verified emissions
pipeline and positioned the Company for multi-jurisdictional credit
monetization.

·      Entered revenue-generating agreements with major energy producers
and the BK Dukes, contributing to $3.79 million in receivables from forward
carbon credit sales.

"2025 was a pivotal year for Karbon-X, marked by the acquisition of ALLCOT
Group, the launch of our trading operations, and new partnerships that
strengthened our position in the global carbon market. These achievements are
reflected in our financial results, which highlight both the momentum we've
built and the foundation we've established for long-term growth. We are
confident in our strategy and committed to delivering lasting value for
shareholders and the planet." - Chad Clovis, CEO of Karbon-X

Looking Ahead

The Company intends to continue to execute on its growth strategy, with a
focus on expanding its role in both compliance and voluntary carbon markets,
advancing new partnerships, and scaling its portfolio of climate solutions.
Management believes Karbon-X is well-positioned to capitalize on increasing
demand for trusted climate solutions and to deliver long-term value for
shareholders.

About Karbon-X

Karbon-X Corp. (OTCQX:KARX) is a vertically integrated climate solutions
company delivering end-to-end climate solutions across both compliance and
voluntary markets. From project origination and emissions quantification to
third-party verification, credit issuance, and market distribution, Karbon-X
ensures transparency and impact at every step. Karbon-X makes trusted climate
action accessible not only to businesses and institutions, but also to
individuals and everyday people who want their choices to create lasting
impact.

Forward-Looking Statements

This news release contains forward-looking statements, including but not
limited to expectations related to Karbon-X Corp.'s financial performance,
business strategy, growth plans, and market positioning. These statements are
based on current expectations and are subject to risks and uncertainties that
could cause actual results to differ materially. Forward-looking statements
are subject to change, and Karbon-X Corp. assumes no obligation to update
them, except as required by law.

Contacts

Adriana Ebell

Interim CFO

Karbon-X

a.ebell@karbon-x.com

Emma Caputo

VP of Marketing

Karbon-X

ec@karbon-x.com

SOURCE: Karbon-X Project Inc.

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