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Clear Blue Technologies International
(CBLU)
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Rating:46Neutral
Price Target:
C$0.06
▲(47.50% Upside)
Action:Reiterated
Date:09/30/26
The score is held down primarily by weak financial performance—persistent deep losses, negative equity, and ongoing cash burn. Technicals are a partial offset with strong momentum (price above major moving averages and positive MACD), but overbought readings (high RSI/Stoch) add near-term risk. Valuation is constrained by unprofitability (negative P/E) and no indicated dividend support.
Positive Factors
Integrated Power Solutions
The company combines solar generation, batteries, power electronics and cloud controls in one off-grid or hybrid offering. That integrated architecture addresses reliability and diesel-reduction needs together, supporting a coherent value proposition for infrastructure operators over multiple deployment cycles.
Negative Factors
Deep Unprofitability
TTM revenue declined by about 4% and gross profit turned negative, while net margin was about -134%. This combination shows that current scale is not covering cost of sales and operating expenses, making durable profitability and self-funded growth difficult over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated Power Solutions
The company combines solar generation, batteries, power electronics and cloud controls in one off-grid or hybrid offering. That integrated architecture addresses reliability and diesel-reduction needs together, supporting a coherent value proposition for infrastructure operators over multiple deployment cycles.
Read all positive factors
Clear Blue Technologies International (CBLU) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$6.04M
Dividend YieldN/A
Average Volume (3M)62.27K
Price to Earnings (P/E)―
Beta (1Y)-0.50
Revenue Growth-1.63%
EPS Growth73.99%
CountryCA
Employees15
SectorGeneral
Sector StrengthN/A
IndustrySolar
Share Statistics
EPS (TTM)-0.04
Shares Outstanding100,635,920
10 Day Avg. Volume42,681
30 Day Avg. Volume62,269
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-0.17
Price to Sales (P/S)0.38
P/FCF Ratio-0.97
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
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 ...
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 co...
Clear Blue Technologies International Earnings Call Summary
Earnings Call Date:Jun 23, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Dec 02, 2026
Earnings Call Sentiment Positive
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.
Read all updates
Q1-2026 Updates
Positive
Negative
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.
Read all positive updates
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
Income Statement
12
Very Negative
Balance Sheet
8
Very Negative
Cash Flow
18
Very Negative
| 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
Positive
0.04
Price Trends
0.04
Positive
0.04
Positive
0.06
Positive
Market Momentum
<0.01
Negative
86.70
Negative
77.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CBLU, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 86.70 is Negative, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CBLU.
Clear Blue Technologies International Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
46 Neutral | C$6.04M | -1.12 | 58.77% | ― | -1.63% | 73.99% | |
44 Neutral | C$24.06M | -1.87 | 386.86% | ― | ― | 44.84% | |
44 Neutral | C$2.95M | -2.56 | 30.21% | ― | ― | ― | |
42 Neutral | C$8.37M | -7.14 | 121.53% | ― | ― | 39.80% | |
42 Neutral | C$12.55M | -3.51 | -152.14% | ― | -28.76% | 38.21% | |
41 Neutral | C$4.01M | -35.29 | 18.72% | ― | -10.92% | -135.71% |
* General Sector Average
TSE:CBLU
Clear Blue Technologies International
0.06
<0.01
9.09%
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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 tranc...
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 E...
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. ...
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.