SAN RAFAEL, Philippines, Nov. 17, 2025 (GLOBE NEWSWIRE) -- One and one Green Technologies. INC (“One and One” or the “Company”) (NASDAQ: YDDL), a waste materials and scrap metal recycling company in the Philippines, today announced its unaudited financial results for the six months ended June 30, 2025.

Financial Highlights for the Six Months Ended June 30, 2025:

“We are pleased with our robust performance in the first half of 2025, marked by accelerating revenue growth and substantial margin expansion amid favorable market conditions,” said Ms. Caifen Yan, Chairman of the Board and CEO of One and One. “Our performance was driven by surging demand for our copper products in the high-growth Asia-Pacific region and our proven ability to secure favorable pricing for our raw materials, which led to a significant improvement in our gross margin to 25%. Our focus on sustainable recycling solutions and cost-effective operations has positioned us to capitalize on increasing global demand for responsibly sourced metals. We are highly confident that our strategic focus on high-demand products and efficient cost management will continue to drive sustainable growth and value for our shareholders.”

Operational and Financial Review
The Company’s strong revenue growth was primarily driven by a significant increase in sales of copper ingots, which rose to $18.5 million in the first half of 2025 from $8.2 million in the prior-year period. This was a result of increased demand from key end markets in the Asia-Pacific region. Sales of aluminum alloy also increased modestly to $8.6 million.

The improvement in gross margin was a key highlight of the period, increasing by 341 basis points to 25.32%. This was attributable to the Company’s ability to procure copper and aluminum alloys at lower purchase prices, demonstrating effective supply chain management.

Operating expenses for the first six months of 2025 were $1.4 million, compared to $1.1 million in the first half of 2024. The increase was primarily due to approximately $354,000 in one-time expenses related to the Company’s initial public offering.

As of June 30, 2025, the Company had total assets of $49.9 million and total shareholders' equity of $25.3 million. The Company maintained a strong balance sheet with no interest-bearing debt. On October 10, 2025, the Company raised approximately $11.5 million in gross proceeds through its initial public offering.

Cash used in operating activities was $1.7 million, reflecting an increase in inventory to $20.6 million, which supports anticipated future sales growth.

About One and one Green Technologies. INC

One and One is a leading waste materials and scrap metal recycling company headquartered in the Philippines, distinguished by its significant permitted annual recycling capacity and government-issued license to import hazardous waste as raw materials. This unique regulatory position enables One and One to actively participate in both domestic and international recycling markets while meeting stringent environmental standards.

Our operations focus on efficiently processing raw materials into high-value products, including copper alloy ingots, aluminum scraps, and plastic beads. One and One delivers flexible, scalable solutions for electronic waste, metal scrap, and industrial recycling, positioning the Company as an essential partner to manufacturers and industrial clients.

Driven by a commitment to environmental sustainability and cost-effective resource management, One and One leverages its advanced capabilities to reduce processing costs and environmental impact. The Company is ideally placed to capitalize on the growing demand for responsible recycling services in the region, offering investors both stable growth prospects and ongoing innovation in one of Asia’s most dynamic markets.

For more information, please visit our website at www.onepgti.com.

Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.