COtwo Advisors Carbon Trust Posts $298,801 Net Loss in Q1 2026
COtwo Advisors Physical European Carbon Allowance Trust, a Delaware-registered carbon credit investment vehicle, reported a net loss of $298,801 for the three months ending February 28, 2026. Total assets declined 16% to $1.62 million from $1.92 million at the prior quarter end.
COtwo Advisors Physical European Carbon Allowance Trust, a Delaware-registered trust that invests in European carbon allowances, reported a net loss of $298,801 for the three months ending February 28, 2026, compared to stockholders' equity of $1.92 million at the start of the quarter. The loss amounted to $2.99 per share on 100,000 common shares outstanding. Read more earnings reports.
The company reported no revenue for the quarter. Operating expenses totaled $3,720, resulting in an operating loss of $3,549. The net loss of $298,801 reflects additional losses beyond operating expenses, though the filing does not detail the nature of these charges.
Total assets fell to $1.62 million at February 28, 2026, down from $1.92 million at November 30, 2025, a decline of $298,953 or 16%. Cash and cash equivalents dropped to $16,816 from $20,497 over the same period. The trust categorized its cash holdings as short-term investments.
Cash used in operations totaled $3,681 for the three-month period. Total liabilities stood at $1,053, down from $1,205 at the prior quarter end.
Stockholders' equity fell to $1.62 million from $1.92 million, a decrease of $298,801 matching the reported net loss. The company maintained 100,000 common shares issued throughout the quarter.
| Financial Metric | Q1 2026 (Feb 28, 2026) | Q4 2025 (Nov 30, 2025) |
|---|---|---|
| Net Loss | $298,801 | — |
| Operating Loss | $3,549 | — |
| Total Assets | $1,622,131 | $1,921,084 |
| Cash & Cash Equivalents | $16,816 | $20,497 |
| Total Liabilities | $1,053 | $1,205 |
| Stockholders' Equity | $1,621,078 | $1,919,879 |
| EPS (Basic) | ($2.99) | — |
The trust is classified as a non-accelerated filer and qualifies as a small business under regulatory definitions. It is incorporated in Delaware and reported no changes to its share count during the quarter.