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Companies / Healthcare / Birchtech Corp.
BCHT

Birchtech Corp.

HealthcareMedical Instruments
Ticker BCHTCORSICANA, TXFiscal year ends DecemberBook value per share $0.34Diluted shares 24.1M

Birchtech Corp. (trading under the ticker symbol on the American LLC exchange) operates as a specialty activated carbon technology company focused on air and water purification solutions. The company maintains its corporate website at www.birchtech.com and serves as a provider of patented and proprietary technologies… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$17.63M
+1.3% year over year
Last 12 mo $19.18M
-17.19%
+23.9 percentage points
Last 12 mo -17.07%
$-3.03M
+72.0% year over year
Last 12 mo $-4.17M
173.59%
+1076.2 percentage points
Last 12 mo -51.13%
Cash & financing
$-0.70M
+82.9% year over year
Last 12 mo $-3.71M
$-0.73M
+85.2% year over year
Last 12 mo $-3.85M
-0.10
Was 0.14× a year earlier
Last 12 mo 0.02
19.3M
−79.7% year over year
Last 12 mo 24.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Birchtech Corp. does

In the company’s own words

Birchtech Corp. (trading under the ticker symbol on the American LLC exchange) operates as a specialty activated carbon technology company focused on air and water purification solutions. The company maintains its corporate website at www.birchtech.com and serves as a provider of patented and proprietary technologies for mercury emissions capture and water treatment applications.

The company's primary business segment centers on mercury emissions control for coal-fired power plants across North America. Birchtech delivers mercury capture solutions through its proprietary two-part SEA® process, which achieves mercury emissions removal at lower costs and with reduced operational impact compared to alternative methods. The technology is specifically designed to meet EPA Mercury and Air Toxics Standards (MATS) requirements while preserving power plant output and maintaining the marketability of byproducts. As of December 31, 2025, sixteen electric generating units in the United States utilize the company's SEA® technologies.

The company has recently expanded into water treatment, launching a new business segment in April 2024 to address the growing potable water market. This division focuses on next-generation sorbent technologies designed to remove forever chemicals, particularly PFAS compounds, while using significantly less activated carbon than traditional approaches. Birchtech has invested in two state-of-the-art Design Centers located in Pennsylvania and North Dakota, which serve as innovation hubs for water treatment development and offer thermal reactivation, contaminant analysis, and carbon performance evaluation services.

The company's intellectual property portfolio includes eighteen granted patents worldwide relating to mercury removal, consisting of thirteen U.S. patents and five foreign patents. Additionally, Birchtech has filed provisional and PCT patent applications for its water treatment technologies. The company maintains a license for proprietary intellectual property related to boiler treatment and emissions reduction at power plants.

As of December 31, 2025, Birchtech employed fourteen full-time and six part-time employees. The company operates manufacturing and distribution facilities from its principal location in Corsicana, Texas, which has served as the operational hub since 2015. The company was originally incorporated in Utah in 1983 and redomesticated as a Delaware corporation in 2007, subsequently rebranding from Midwest Energy Emissions Corp. to Birchtech Corp. in October 2024.

Company details
Sector
Healthcare
Industry
Medical Instruments
Headquarters
CORSICANA, TX
Fiscal year end
December
CIK
728385
SIC
3829

Financial performance, year by year

Fiscal 2013–2025 · USD
$-21.81M$-7.04M$7.73M$22.50M$37.27M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Birchtech Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

5
funds hold it
0 of 35
superinvestors hold it
$3.51M
held by funds, at market
6.5%
of shares held by funds

Largest fund holders · Birchtech Corp.’s weight in each

Heartland Value Fund
HRTVX · HEARTLAND GROUP INC.
0.18%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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