One and one Green Technologies is a recycled scrap metal trading company operating primarily in the Philippines through a network of holding companies and variable interest entities. The company acts as a principal in purchasing recycled scrap metals from suppliers and selling finished goods to customers, controlling inventory, managing customer credit risk, and recognizing revenue upon shipment or customer receipt. The company generates revenue by trading recycled scrap metals at market-determined prices, serving a concentrated customer base and sourcing from multiple suppliers, with operations denominated in Philippine Peso and exposed to foreign exchange translation risk.