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Taronis Technologies

Stock Price

$0

2023-02-09

Market Capitalization

$188.6 K

2023-02-09

Revenue

$12.8 M

FY, 2018

Taronis Technologies Summary

Company Summary

Overview
Taronis Technologies (formerly MagneGas Corporation) is a waste to energy company that converts liquid waste into a hydrogen-based fuel. The Company owns the patents to this revolutionary technology called “Plasma Arc Flow.” The Plasma Arc Flow process gasifies or sterilizes a number of liquid wastes and produces a gaseous fuel known as MagneGas2. MagneGas is a cost-competitive and clean burning fuel that is essentially interchangeable with natural gas or it can be co-combusted with existing hydrocarbon fuels and has the lowest greenhouse gas emissions when compared to fossil fuel. The MagneGas system occupies a small footprint and runs in a completely sealed environment. The fuel can be used for metal cutting, cooking, heating, or powering natural gas bi-fuel automobiles.
Type
Public
Status
Active
Founded
2007
HQ
Clearwater, FL, US | view all locations
Website
http://www.taronistech.com/
Cybersecurity rating
Sectors

Key People

  • Scott Mahoney

    Scott Mahoney, Chief Executive Officer, President and Director

    • Robert L. Dingess, Chairman of the Board

      • Tyler B. Wilson

        Tyler B. Wilson, CFO, Executive Vice President, Treasurer, and Corporate Secretary

        • Kevin Pollack, Director

          LocationsView all

          3 locations detected

          • Clearwater, FL HQ

            United States

            11885 44th St N

          • Denver, CO

            United States

            3200 Cherry Creek S Dr #430

          • Phoenix, AZ

            United States

            300 W Clarendon Ave #230

          Taronis Technologies Financials

          Summary Financials

          Revenue (Q3, 2019)
          $5.3M
          Gross profit (Q3, 2019)
          $2.5M
          Net income (Q3, 2019)
          ($8.3M)
          Cash (Q3, 2019)
          $536.0K
          EBIT (Q3, 2019)
          ($8.0M)
          Enterprise value
          $6.0M

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