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Clear Blue Technologies International, Inc. (TSE:CBLU)
:CBLU
RESEARCH TOOLSreports
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Clear Blue Technologies International
(CBLU)
Rating:44Neutral
Price Target:
C$0.00
▼( -100.00% Downside)
Clear Blue Technologies International (CBLU) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$7.31M
Dividend YieldN/A
Average Volume (3M)47.68K
Price to Earnings (P/E)―
Beta (1Y)0.37
Revenue Growth-48.95%
EPS Growth-94.94%
CountryCA
EmployeesN/A
SectorTechnology
Sector Strength76
IndustrySolar
Share Statistics
EPS (TTM)N/A
Shares Outstanding78,601,920
10 Day Avg. Volume108,750
30 Day Avg. Volume47,678
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)-0.31
Price to Sales (P/S)0.00
P/FCF Ratio-2.01
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Clear Blue Technologies International Business Overview & Revenue Model
Company DescriptionClear Blue Technologies International (CBLU) is a leading provider in the clean technology sector, specializing in smart off-grid power solutions. The company offers innovative solar and hybrid power systems that integrate solar panels, batteries, and advanced IoT technology to provide reliable, sustainable energy for various applications. These systems are designed for telecommunications infrastructure, street lighting, and other critical services, particularly in remote and underdeveloped regions where traditional power infrastructure is lacking.
How the Company Makes MoneyClear Blue Technologies International primarily generates revenue through the sale of its smart off-grid power systems and solutions. The company offers a range of products that cater to different energy needs, including the provision of solar and hybrid power systems for telecom towers, street lighting, and other off-grid applications. Additionally, Clear Blue provides ongoing monitoring and management services through its cloud-based platform, which can be a recurring revenue stream. Key partnerships with telecom operators, municipalities, and infrastructure providers also play a significant role in securing contracts and expanding market reach, thereby contributing to its earnings.
Clear Blue Technologies International Financial Statement Overview
Summary
Clear Blue Technologies is facing significant financial difficulties, with ongoing net losses, high leverage, and negative cash flow. The company shows volatile revenue growth and high financial risk due to negative stockholders' equity and significant liabilities.Income Statement
Clear Blue Technologies shows a challenging income statement with consistent net losses over the years, indicating a negative net profit margin. Revenue growth is volatile, with recent declines. The negative EBIT and EBITDA margins further highlight profitability challenges.35
Negative
Balance Sheet
The balance sheet reflects financial instability with negative stockholders' equity, indicating high leverage. The debt-to-equity ratio is not meaningful due to negative equity. The company faces significant financial risk with high total liabilities compared to assets.30
Negative
Cash Flow
Cash flow analysis indicates negative free cash flow, suggesting operational challenges in generating cash. Operating cash flow to net income ratio is unfavorable, pointing to inefficiencies. Free cash flow growth remains negative, although financing activities have helped maintain liquidity.40
Negative
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 4.31M | 5.40M | 2.64M | 8.15M | 4.02M | 3.97M | Gross Profit |
| 182.42K | 2.47M | 988.52K | 2.26M | 1.27M | 891.16K | EBIT |
| -2.73M | -3.38M | -3.46M | -2.67M | -3.29M | -4.57M | EBITDA |
| -1.88M | -1.35M | -3.76M | -2.79M | -3.21M | -4.86M | Net Income Common Stockholders |
| -4.70M | -3.89M | -6.55M | -3.41M | -4.30M | -5.10M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 767.12K | 534.45K | 853.33K | 2.12M | 3.51M | 61.72K | Total Assets |
| 4.49M | 12.02M | 10.87M | 11.17M | 8.40M | 5.31M | Total Debt |
| 594.26K | 11.54M | 9.97M | 8.25M | 4.23M | 2.26M | Net Debt |
| -172.86K | 11.01M | 9.12M | 6.13M | 726.06K | 2.20M | Total Liabilities |
| 2.54M | 16.56M | 13.65M | 11.38M | 7.15M | 5.54M | Stockholders Equity |
| 1.95M | -4.54M | -2.78M | -215.24K | 1.25M | -231.16K |
| Cash Flow | Free Cash Flow | ||||
| -4.60M | -5.17M | -5.86M | -6.84M | -3.18M | -4.63M | Operating Cash Flow |
| -1.32M | -2.06M | -3.45M | -3.90M | -3.15M | -4.61M | Investing Cash Flow |
| -1.48M | -859.51K | -1.80M | -2.86M | 23.56K | -19.88K | Financing Cash Flow |
| 1.93M | 2.60M | 3.98M | 5.37M | 6.57M | 3.92M |
Clear Blue Technologies International Technical Analysis
Negative
0.09
Price Trends
0.11
Negative
0.13
Negative
0.18
Negative
Market Momentum
>-0.01
Positive
41.16
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CBLU, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.11, and below the 200-day MA of 0.18, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.16 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CBLU.
Clear Blue Technologies International Peers Comparison
Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | C$9.49M | 26.00 | 4.63% | ― | -2.75% | -89.95% | |
61 Neutral | $11.29B | 10.07 | -7.05% | 2.96% | 7.47% | -10.75% | |
51 Neutral | C$3.01M | ― | -46.19% | ― | -30.18% | -34.62% | |
44 Neutral | C$7.31M | ― | 59.36% | ― | -48.95% | -94.94% | |
40 Underperform | C$4.41M | ― | 58.70% | ― | 12.72% | 35.14% | |
31 Underperform | C$7.23M | ― | 78.34% | ― | 81.96% | 42.19% |
* Technology Sector Average
Performance Comparison
TSE:CBLU
Clear Blue Technologies International
0.09
-0.30
-76.92%
TSE:IQ
Airiq Inc
0.32
-0.10
-23.81%
TSE:CYM
Cymat Technologies
0.11
-0.08
-42.11%
TSE:SOLR
Solar Alliance Energy
0.02
-0.02
-50.00%
TSE:ACU
Aurora Solar Technologies
0.02
-0.03
-60.00%
Clear Blue Technologies International Earnings Call Summary
Earnings Call Date:May 01, 2025
(Q3-2024)
| % Change Since: -35.71%|
Next Earnings Date:May 28, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted strong growth in the telecom vertical and improvements in gross profit margins, driven by integration of new products and cost reductions. However, significant challenges were noted, including a substantial revenue decline in Q3, cash flow constraints, and high inventory levels. Additionally, financial uncertainties related to delayed payments and shifts in payment terms pose ongoing challenges.Q3-2024 Updates
Positive Updates
Telecom Vertical Revenue Growth
The telecom vertical revenue increased by 110% in the trailing four quarters, reaching $3.4 million compared to $1.6 million previously, driven by the integration of eSite hardware product.
Gross Profit Margin Improvement
The company maintained gross margins of over 40-45%, with Q3 2024 and trailing four-quarter margins at 46% due to a change in sales mix and increased revenue from the integrated eSite-Micro systems.
Operational Cost Reductions
The company reduced operating expenses by downsizing its workforce by one-third and restructuring cloud expenses, saving approximately $600,000 annually.
New Partnership with Satellite Vendor
Announced a new partnership with a satellite vendor, expected to integrate Pico with every satellite modem shipped to business customers, providing a significant growth opportunity.
Negative Updates
Significant Revenue Decline in Q3
Q3 2024 revenue was $369,297, down 84% from the previous quarter, primarily due to delays in customer orders and a focus on cash conservation.
Cash Flow Constraints
The company experienced cash flow constraints, leading to a shift from revenue generation to cash conservation and impacting shipment alignment with customer payments.
High Inventory Levels
The company has a large inventory on its balance sheet, nearly $4 million, due to historical supply chain issues and delayed shipments.
Challenges with SDTC Payments
Experienced a five-month delay in receiving a 2023 payment from SDTC, affecting operations and contributing to financial uncertainty.
Uncertainty in Payment Terms Impacting Competitiveness
Switching to prepaid payment terms may reduce competitiveness against companies offering longer terms, particularly against competitors like Huawei.
Company Guidance
During Clear Blue's Q3 2024 earnings call, the company provided guidance on addressing its financial challenges and strategic plans moving forward. The company reported a significant inventory of nearly $4 million on its balance sheet, contributing to a cash flow crunch. Clear Blue aims to become cash flow positive by reducing operational expenses, which included a one-third reduction in salaries and a $600,000 cut in annual software and cloud expenses. The company is also negotiating with stakeholders to convert some of its debt into equity, thereby improving its shareholder equity and reducing debt. Despite a challenging Q3 with revenue dropping by 84% to $369,297, Clear Blue projects a positive outlook for 2025, with plans to leverage a $1.3 million government grant and anticipated sales growth from new partnerships and product integrations. The company's gross margin for Q3 2024 stood at 46%, and they have adjusted their strategy to align shipments with payments, focusing on generating cash rather than just revenue.Clear Blue Technologies International Corporate Events
Business Operations and StrategyFinancial Disclosures
Clear Blue Technologies to Announce Q1 2025 Results and Future Plans
Neutral
May 22, 2025
Clear Blue Technologies International has announced a corporate update and plans to report its Q1 2025 financial results on May 28, 2025. Following a successful financial restructuring, the company is set to discuss its 2024 performance and future growth plans during a conference call on May 29, 2025. This development marks a significant step in Clear Blue’s strategic positioning, potentially impacting its market operations and stakeholder interests.
Business Operations and StrategyFinancial Disclosures
Clear Blue Technologies Reports Fiscal 2024 Results and Strategic Restructuring
Neutral
May 2, 2025
Clear Blue Technologies announced its fiscal 2024 results, highlighting a significant increase in bookings but a decrease in revenue and gross profit. The company underwent financial restructuring in Q4 2024, which included cost-cutting measures and debt conversion, resulting in improved cash flow and a more balanced financial position. These efforts have positioned Clear Blue for robust growth in 2025, with a strong sales pipeline and major agreements expected to drive revenue growth and achieve positive EBITDA.
Private Placements and FinancingBusiness Operations and Strategy
Clear Blue Technologies Completes Financial Restructuring and Prepares for Growth
Positive
Apr 28, 2025
Clear Blue Technologies International has announced the completion of its financial restructuring, positioning the company for future growth. The company will report its fiscal 2024 financial results and provide a corporate update on April 30, 2025, followed by a conference call on May 1, 2025, to discuss its 2025 outlook and growth plans. The restructuring included a transaction with RE Royalties, replacing a banking loan, and the issuance of equity units approved by TSX-V.
Private Placements and FinancingBusiness Operations and Strategy
Clear Blue Technologies Strengthens Financial Position with Successful Restructuring
Positive
Apr 10, 2025
Clear Blue Technologies has successfully completed a comprehensive balance sheet restructuring, enhancing its financial flexibility and positioning the company for long-term growth. The restructuring involved a financing agreement with RE Royalties Ltd. and a share consolidation, which together are expected to support Clear Blue’s growth strategy and operational progress. The company anticipates strong sales momentum in 2025, with a focus on international markets, and aims for positive EBITDA despite recent tariff changes and macroeconomic uncertainties.
Product-Related AnnouncementsBusiness Operations and Strategy
Clear Blue Technologies to Deploy 312 Solar-Powered Telecom Sites in Nigeria
Positive
Mar 4, 2025
Clear Blue Technologies International Inc. has announced a Memorandum of Understanding with Hotspot, a leading telecommunications service provider in Nigeria, to deploy 312 solar-powered telecom sites across the country. This initiative, involving partners Empower New Energy and Netis, aims to enhance connectivity in Nigeria by leveraging Clear Blue’s innovative technology and business model, addressing the challenging Total Cost of Ownership targets in the African telecom market.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.