One and one Green Technologies (YDDL) has announced selected preliminary unaudited financial results for FY25, highlighting a record performance with significant growth at both the top and bottom lines. The company expects revenue to increase by 22–24% y-o-y, while net income is projected to rise by 80–85%. These results are at the upper end of our expectations and reflect the significant operating leverage YDDL has achieved as it scales its recycling operations. We maintain our estimates and valuation ahead of the full financial results due at the end of April.
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