Clear Blue Technologies International (CBLU) AI Stock Analysis

Clear Blue Technologies International

(TSXV:CBLU)

Select Model

Rating:48Neutral

Price Target:CAD 0.05▼(-1.89% Downside)

Action:reiterated

Date:10/21/26

The overall score of 48 is predominantly dragged down by extreme financial distress and a poor valuation profile, as the company operates with negative gross margins, significant cash burn, and an insolvent balance sheet. These critical fundamental risks significantly overshadow the stock's recent positive technical momentum.

Positive Factors

Integrated power platformA unified hardware-and-software offering can simplify deployment for customers that need reliable off-grid power. Combining generation, storage, controls, and monitoring also supports a broader solution proposition than selling individual components, potentially strengthening customer relevance across infrastructure projects.

Negative Factors

Persistent unprofitabilityRevenue contraction alongside negative gross profit shows that the current operating model is not covering the cost of sales, while the very negative net margin indicates losses remain substantial. Without margin stabilization, growth investments and ongoing operations will continue to face financial pressure.

Clear Blue Technologies International (CBLU) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 5.03M
Dividend Yield: ―
Average Volume (3M): 81.16K
Price to Earnings (P/E): -1.1
Beta (1Y): -0.76
Revenue Growth: -1.63%
EPS Growth: 73.99%
Country: Canada
Employees: 15
Sector: General
Sector Strength: 55
Industry: Solar

Clear Blue Technologies International Business Overview & Revenue Model

Company Description

Clear Blue Technologies International Inc., founded in 2014 and headquartered in Toronto, Canada, specializes in intelligent off-grid technology. This company is dedicated to developing and selling independent power solutions that are designed to ene...

How the Company Makes Money

Clear Blue generates revenue primarily by selling complete power solutions that integrate solar panels, batteries, and control electronics, along with the associated engineering and system design required to deploy them. A second revenue stream comes...

Clear Blue Technologies International Earnings Call Summary

Earnings Call Date:Jun 22, 2026(Q1-2026)|% Change Since:51.43%|Next Earnings Date:Jun 02, 2019

Earnings Call SentimentPositive

The call presented a predominantly positive trajectory: very strong bookings growth, durable high gross margins, meaningful cost reductions (including AI-enabled savings), and large strategic partner agreements (notably EUTELSAT) that create a clear pathway toward scaled revenue and potential positive EBITDA. However, near-term revenue recognition lag, Q1 revenue below the stated profitability threshold, timing dependence on partner rollouts, and remaining adjusted EBITDA/net losses introduce material timing and execution risks. Overall the tone was optimistic about reaching profitability in 2026 but contingent on successful and timely conversion of current bookings and partner deployments.

Positive Updates

Large Increase in Bookings

Bookings grew by 122% year-over-year in 2025, rising from $2.8 million in 2024 to over $5.2 million in 2025, indicating strong demand and an expanding sales funnel.

Negative Updates

Revenue Recognition Lag Versus Bookings

Bookings significantly outpaced revenue because revenue is recognized both up front and over three years; management warned that revenue will lag bookings in the near term, creating short-term top-line visibility challenges.

Company Guidance

Management guided to reach positive EBITDA and cash flow in 2026, noting that with the cost reductions achieved a quarterly revenue run rate of $1.5M would deliver positive EBITDA; they highlighted 2025 bookings up 122% to >$5.2M (from $2.8M) while revenue grew ~18% with gross margin ~49% (Q1 26 margin ~52%), Q1 revenue was $1.0M (Q2 expected similar), annual OpEx is now ~$2.5M after $1.24M of 2025 cuts and ~$900k of AI-driven annualized savings to be fully implemented by year‑end plus a further $950k of 2026 reductions (≈$700–$750k hitting OpEx), and near-term orders include ~ $800k of April bookings and EUTELSAT orders of 100 and 350 units plus a $500k LEO development contract and a potential 15,000‑site rollout; balance‑sheet support includes a CA$1.1M private placement, a CA$500k Q4 SRED grant and an expected SRED refund >$500k in Q3, while scale metrics cited are >15,000 deployed units, >400 customers, >1 trillion cloud transactions, >600 satellite backhaul sites and >99.5% uptime on African solar sites.

Clear Blue Technologies International Financial Statement Overview

Summary

The company faces profound financial distress, marked by shrinking revenues, deeply negative gross margins (-27.2%), and an insolvent balance sheet where total debt exceeds total assets, leading to a substantial equity deficit.

Income Statement

12Very Negative

Balance Sheet

10Very Negative

Cash Flow

14Very Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Dec 2021
Income Statement
Total Revenue	3.07M	3.25M	2.76M	5.40M	2.64M	8.15M
Gross Profit	-1.37M	-443.48K	1.35M	2.47M	988.52K	2.26M
EBITDA	-3.92M	-3.26M	-8.03M	-1.35M	-3.76M	-2.79M
Net Income	-3.90M	-3.89M	-11.03M	-3.89M	-5.75M	-3.41M
Balance Sheet
Total Assets	5.21M	4.78M	5.82M	12.02M	10.87M	11.17M
Cash, Cash Equivalents and Short-Term Investments	811.68K	329.94K	339.90K	534.45K	853.33K	2.12M
Total Debt	6.74M	6.62M	6.69M	11.54M	9.97M	8.25M
Total Liabilities	12.16M	12.21M	10.30M	16.56M	13.65M	11.38M
Stockholders Equity	-6.95M	-7.42M	-4.48M	-4.54M	-2.78M	-215.24K
Cash Flow
Free Cash Flow	-1.62M	-1.28M	-2.26M	-5.17M	-5.86M	-6.84M
Operating Cash Flow	-1.40M	-1.24M	357.40K	-2.06M	-3.45M	-3.90M
Investing Cash Flow	-824.29K	-330.40K	-1.45M	-859.51K	-1.80M	-2.86M
Financing Cash Flow	1.86M	1.38M	897.26K	2.60M	3.98M	5.37M

Clear Blue Technologies International Technical Analysis

Technical Analysis SentimentNegative

Last Price0.05

Price Trends

50DMA0.05Positive

100DMA0.04Positive

200DMA0.05Negative

Market Momentum

MACD0.00Positive

RSI39.00Neutral

STOCH0.00Positive

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 0.05 is below the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 39.00 is Neutral, neither overbought nor oversold. The STOCH value of 0.00 is Positive, 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 (55)

Financial Indicators

TSE:CBLU against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:CBLU	48Neutral	CAD 5.33M	-1.12	58.77%	―	-1.63%	73.99%
TSE:HEAT	44Neutral	CAD 25.10M	-1.95	386.86%	―	―	44.84%
TSE:SOLR	44Neutral	CAD 2.95M	-4.35	16.97%	―	―	―
TSE:HC	42Neutral	CAD 12.55M	-3.72	-152.14%	―	-28.76%	38.21%
TSE:NVI	42Neutral	CAD 3.84M	-33.82	18.72%	―	-10.92%	-135.71%
TSE:YFI	39Underperform	CAD 8.62M	-6.03	108.98%	―	―	39.80%

* General Sector Average

Performance Comparison

TSE:CBLU and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:CBLU	Clear Blue Technologies International, Inc.	0.05	0.00	10.42%
TSE:HEAT	Hillcrest Energy Technologies Ltd.	0.12	-0.02	-11.11%
TSE:NVI	Novra Technologies	0.12	0.04	53.33%
TSE:SOLR	Solar Alliance Energy	0.01	-0.01	-50.00%
TSE:YFI	Edgewater Wireless Systems	0.04	-0.01	-30.00%
TSE:HC	Hypercharge Networks Corp.	0.09	-0.01	-10.00%

Clear Blue Technologies International Corporate Events

Business Operations and Strategy

Clear Blue Wins 1,000-Unit Eutelsat Order for African Konnect Wi-Fi Rollout

Positive

Sep 28, 2026

Clear Blue Technologies has received new purchase orders from Eutelsat for 1,000 Pico-Plus Smart Off-Grid power systems to support the continued rollout of Eutelsat’s Konnect Wi-Fi service in three to five African countries. With these tranches...

Business Operations and StrategyFinancial Disclosures

Clear Blue Technologies Narrows Losses and Targets H2 2026 Revenue Growth

Positive

Aug 26, 2026

Clear Blue Technologies reported Q2 2026 results showing stronger profitability metrics despite lower revenue, with gross profit rising 7% and gross margin expanding to 53% on the back of higher-margin service revenue and cost controls. Adjusted EBIT...

Business Operations and StrategyFinancial Disclosures

Clear Blue Technologies to Release Q2 2026 Results and Host Investor Call

Neutral

Aug 20, 2026

Clear Blue Technologies International Inc., a Smart Off-Grid power solutions provider for telecom, IoT, and street lighting infrastructure, operates in remote and challenging environments where reliable, data-driven energy management is critical. Its...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.

Date of analysis: Oct 21, 2026

Clear Blue Technologies International AI Stock Analysis