SAN RAFAEL, Bulacan, Philippines, April 28, 2026 (GLOBE NEWSWIRE) -- One and one Green Technologies. INC (NASDAQ:YDDL) ("One and One" or the "Company") (NASDAQ:YDDL), a Philippines-based recycler holding a government-issued license in the Philippines to import and process hazardous waste as raw materials, today announced its audited financial results for the fiscal year ended December 31, 2025, in conjunction with the filing of its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission.

Financial Highlights – Fiscal Year Ended December 31, 2025:

Total revenue increased 23% year over year to $65.8 million from $53.5 million.
Gross profit rose 49% to $15.8 million from $10.6 million in the prior year.
Gross margin improved to 23.9%, up from 19.8%, representing a 417 basis point expansion.
Income from operations grew 47% to $11.9 million, compared to $8.1 million in 2024.
Net income advanced 82% to $11.8 million from $6.5 million in the prior year.
Earnings per share (basic and diluted) increased 81% to $0.23 from $0.12.

"2025 was a defining year for One and One. We delivered record revenue and strong profitability, with net income increasing by over 80%, and gross margin expanded by more than four hundred basis points. The Company also completed its U.S. initial public offering on Nasdaq during the year," said Ms. Tina Yan, Chairwoman of the Board and Chief Executive Officer of One and One Green Technologies.

"Our core copper alloy ingot business grew revenue 37% year over year, driven by sustained demand from Asia-Pacific end markets and our ability to secure raw materials at favorable prices. As a newly listed company, we remain focused on executing our strategy with discipline, strengthening our operational foundation, and expanding our presence across key international markets. We are committed to driving sustainable growth and enhancing long-term shareholder value."

Operational and Financial Review

Revenue growth was led by copper alloy ingots, which increased to $45.1 million in 2025 from $32.8 million in 2024, reflecting stronger demand across key Asia-Pacific end markets and a 37% increase in sales volume. Aluminum alloy revenue grew to $19.8 million from $15.5 million. Brass alloy ingot revenue was $994,000 compared to $4.3 million in the prior year, reflecting a shift in demand within specific customer segments that the Company continues to monitor.

Gross margin expanded to 23.94% from 19.77%, an improvement of 417 basis points. The Company attributes the improvement principally to lower purchase prices for copper and aluminum raw materials, reflecting disciplined supply chain management and the benefit of our supply arrangements with the key partners.

Balance Sheet and Capital Position

As of December 31, 2025, One and One had total assets of $56.0 million and total shareholders' equity of $41.8 million, compared to $36.5 million and $20.7 million, respectively, at the end of 2024. The Company maintained a capital structure with no interest-bearing debt.

On October 10, 2025, One and One completed its initial public offering of 2,000,000 Class A ordinary shares at $5.00 per share. On October 28, 2025, the underwriters exercised the overallotment option in full to purchase an additional 300,000 Class A ordinary shares. Total gross proceeds from the offering, including the over-allotment, were approximately $11.5 million before deducting underwriting discounts and other offering expenses.

Conference Call and Audio Webcast

One and One's management team will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Manila Time) on April 28, 2026, to discuss its financial results.

Toll-free dial-in number: 1-877-407-3982
International dial-in number: 1-201-493-6780
Webcast and replay: https://viavid.webcasts.com/starthere.jsp?ei=1761177&tp_key=c045e6e7ca

A live and archived webcast of the conference call will also be available on the Company's investor relations website at https://ir.onepgti.com.

About One and One Green Technologies. INC

One and one Green Technologies. INC (NASDAQ:YDDL) is a licensed hazardous waste importer and a licensed recycler of non-ferrous metals and industrial materials in the Philippines. One and One transforms electronic waste, scrap metal, and other raw materials into high-value products, including copper alloy ingots and aluminum scraps. With a significant permitted annual capacity and advanced processing capabilities, One and One provides economical, flexible, and environmentally responsible recycling solutions to manufacturers and industrial clients across domestic and international markets. One and One is strategically positioned to meet the growing demand for sustainable resource management.

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 and 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.

Investor Relations Contact:

Matthew Abenante, IRC

President

Strategic Investor Relations, LLC

Tel: 347-947-2093

Email: matthew@strategic-ir.com


ONE AND ONE GREEN TECHNOLOGIES. INC CONSOLIDATED BALANCE SHEETS AS OF DECEMBER 31, 2025 AND 2024 (In U.S. dollar except for share and per share data)

	December 31, 2025			December 31, 2024
ASSETS
Current Assets
Cash and cash equivalents	$	957,285		$	1,847,634
Accounts receivable, net		26,634,057			17,401,756
Inventories, net		7,230,581			5,227,164
Advances to suppliers		1,914,972			-
Deferred offering costs		-			269,752
Loan receivable		2,000,000
Other receivables and current assets		216,042			4,347
Total Current Assets		38,952,937			24,750,653
Non-Current Assets
Property, plant and equipment, net		10,284,569			11,292,764
Deferred tax assets		109,826			160,672
Other non-current assets		690,135			-
Operating lease right-of-use assets, net		6,007,527			314,028
Total Non-Current Assets		17,092,057			11,767,464
Total Assets		56,044,994			36,518,117

LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities
Accounts payable		1,712,220			5,752,015
Due to related parties		585,193			980,833
Taxes payable		7,390,025			7,733,816
Operating lease liabilities – current		641,564			785,070
Other payables and accrued expenses		579,744			425,335
Total Current Liabilities		10,908,746			15,677,069
Non-Current Liabilities
Deferred tax liabilities		-			62,806
Operating lease liabilities – non-current		3,301,395			-
Other non-current liabilities		13,727			29,091
Total Non-Current Liabilities		3,315,122			91,897
Total Liabilities		14,223,868			15,768,966

Commitments and Contingencies		-			-

Shareholders' Equity
Class A Ordinary Shares, $0.0001 par value; 489,796,040 shares authorized as of December 31, 2025 and 2024; 44,096,040 and 41,796,040 shares issued and outstanding as of December 31, 2025 and 2024, respectively		4,410			4,180
Class B Ordinary Shares, $0.0001 par value; 10,203,960 shares authorized as of December 31, 2025 and 2024; 10,203,960 and nil shares issued and outstanding as of December 31, 2025 and 2024, respectively*		1,020			1,020
Shares subscription receivable		(5,200	)		(5,200	)
Additional paid-in capital		10,220,329			392,356
Accumulated income		33,666,679			21,855,065
Accumulated other comprehensive loss		(2,066,112	)		(1,498,270	)
Total Shareholders' Equity		41,821,126			20,749,151
Total Liabilities and Shareholders' Equity	$	56,044,994		$	36,518,117


ONE AND ONE GREEN TECHNOLOGIES. INC CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2025, 2024 AND 2023 (In U.S. dollar except for share and per share data)

	Years ended
	December 31,			December 31,			December 31,
	2025			2024			2023
Revenues	$	65,822,739		$	53,463,785		$	41,270,484
Cost of revenues		50,061,941			42,892,958			32,388,301
Gross profit		15,760,798			10,570,827			8,882,183

Operating expenses:
Selling and marketing expenses		525,292			394,294			475,940
General and administrative expenses		3,377,118			2,089,783			1,147,744
Total operating expenses		3,902,410			2,484,077			1,623,684

Income from operations		11,858,388			8,086,750			7,258,499

Other income (expenses):
Interest income		11,760			194			120
Other income, net		282,300			331,903			71,673
Interest expense		(6,454	)		(501	)		-
Total other income		287,606			331,596			71,793

Income before income tax expenses		12,145,994			8,418,346			7,330,292

Income tax expenses		334,380			1,941,574			1,763,118
Net income	$	11,811,614		$	6,476,772		$	5,567,174

Weighted average shares outstanding
Basic and diluted*		52,396,986			52,000,000			52,000,000

Earnings per share
Basic and diluted*	$	0.2254		$	0.1246		$	0.1071

Other comprehensive income (loss):
Net income	$	11,811,614		$	6,476,772		$	5,567,174
Other comprehensive income (loss):
Foreign currency translation adjustment		(567,842	)		(783,940	)		69,525
Total comprehensive income	$	11,243,772		$	5,692,832		$	5,636,699


ONE AND ONE GREEN TECHNOLOGIES. INC CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2025, 2024 AND 2023 (in U.S. dollar)

	Years ended
	December 31,			December 31,			December 31,
	2025			2024			2023
Cash flows from operating activities
Net income	$	11,811,614		$	6,476,772		$	5,567,174
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation of property, plant and equipment		907,254			899,091			686,724
Non-cash operating lease expense		54,168			221,588			209,021
Deferred income tax		(13,591	)		(35,045	)		(28,906	)
Changes in assets and liabilities
Accounts receivable		(9,694,197	)		(15,079,074	)		(57,511	)
Inventories		(2,123,552	)		735,769			9,298,035
Advances to suppliers		(1,961,267	)		650,375			(375,864	)
Other receivables and current assets		(216,599	)		273,505			6,417
Other non-current assets		(706,820	)		-			-
Advances from customers		-			(591,151	)		(4,534,204	)
Accounts payable		(4,058,557	)		5,372,783			(8,567,099	)
Other payables and accrued expenses		159,142			388,197			(467,010	)
Taxes payable		(246,017	)		2,635,002			2,109,837
Due to related parties		(399,004	)		126,410			259,265
Operating lease liabilities		(3,245,003	)		(64,484	)		(45,044	)
Net cash (used in) provided by operating activities		(9,732,429	)		2,009,738			4,060,835

Cash flows from investing activities
Purchase of fixed assets		(29,591	)		(11,542	)		(3,835,841	)
Loan to a third party		(2,000,000	)		-			-
Net cash used in investing activities		(2,029,591	)		(11,542	)		(3,835,841	)

Cash flows from financing activities
Payment of deferred offering costs		-			(256,256	)		(17,678	)
Net proceeds from stock issuance		10,100,653			-			-
Principal payments on financed amount for purchase of vehicle		(15,337	)		(1,282	)		-
Net cash provided by (used in) financing activities		10,085,316			(257,538	)		(17,678	)

Effect of exchange rate changes on cash and cash equivalents		786,355			(29,503	)		(295,349	)

Net (decrease) increase of cash and cash equivalents		(890,349	)		1,711,155			(88,123	)
Cash and cash equivalents – beginning of the year		1,847,634			136,479			224,602
Cash and cash equivalents – end of the year	$	957,285		$	1,847,634		$	136,479

Supplementary cash flow information:
Interest paid	$	6,454		$	501		$	-
Income taxes paid	$	2,236		$	1,027		$	18,101

Non-Cash financing and investing activities:
Fixed assets financed for purchase of vehicle	$	-		$	46,168		$	-
Recognition of right-of-use assets through lease liabilities	$	5,750,596		$	-		$	-

One and One Green Technologies Reports Strong 2025 Financial Results With 82% Increase in Net Income