CleanGo Innovations (CGII) AI Stock Analysis

• Market Cap: C$2.70M
• Dividend Yield: N/A
• Average Volume (3M): 926.00
• Price to Earnings (P/E): ―
• Beta (1Y): -1.82
• Revenue Growth: -5.86%
• EPS Growth: 6.20%
• Country: CA
• Employees: 3
• Sector: Consumer Cyclical
• Sector Strength: 58
• Industry: Household & Personal Products
• EPS (TTM): -0.23
• Shares Outstanding: 4,997,361
• 10 Day Avg. Volume: 358
• 30 Day Avg. Volume: 926
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

CleanGo Innovations' stock is heavily impacted by significant financial instability, reflected in negative profitability and cash flow issues. While recent corporate developments show promise for future growth, they do not offset the current financial and valuation challenges. Technical analysis suggests some short-term momentum, but long-term indicators remain weak. Overall, the company needs substantial improvements in financial performance and profitability.

CleanGo Innovations Business Overview & Revenue Model

Company Description

CleanGo Innovations (CGII) is a company operating in the environmental sustainability and health sector. It specializes in developing and distributing eco-friendly cleaning products designed for both residential and commercial use. The company's core products include non-toxic, biodegradable cleaning solutions that aim to reduce environmental impact while maintaining high cleaning efficiency.

How the Company Makes Money

CleanGo Innovations generates revenue primarily through the sale of its eco-friendly cleaning products. These products are distributed through various retail and online channels, allowing the company to reach a broad customer base. Key revenue streams include direct sales to consumers, partnerships with retailers, and bulk orders from corporate clients seeking sustainable cleaning solutions. The company may also engage in strategic partnerships with other eco-conscious brands or distributors to expand its market presence and enhance its product offerings.

CleanGo Innovations Financial Statement Overview

Summary

CleanGo Innovations is facing significant financial challenges. The income statement reveals negative net and gross profit margins, indicating difficulty in covering costs. The balance sheet shows high leverage with potential insolvency risks due to negative equity. Cash flow issues highlight reliance on external funding with negative operating and free cash flows, making financial stability a concern.

Income Statement

CleanGo Innovations shows substantial challenges in its income statement. The company has negative net and gross profit margins, indicating an inability to cover costs with revenue. Revenue growth is positive, with a 7.39% increase from 2023 to TTM, but this is overshadowed by significant net losses. EBIT and EBITDA margins are deeply negative, suggesting operational inefficiencies and high non-cash expenses.

Balance Sheet

The balance sheet is highly leveraged with a negative stockholders' equity, indicating potential insolvency risks. The debt-to-equity ratio is not meaningful due to negative equity, and the equity ratio also reflects a negative value, underscoring financial instability. These factors highlight significant financial risk for the company.

Cash Flow

Cash flow analysis reveals that CleanGo Innovations has negative operating and free cash flows, which are concerning for sustainability. There is a declining operating cash flow to net income ratio, indicating cash flow issues in covering net losses. While financing cash flows are positive, they primarily reflect reliance on external funding rather than operational efficiency.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
222.05K	113.89K	146.76K	190.35K	29.40K
	Gross Profit
91.90K	-115.19K	18.34K	-5.30K	14.40K
	EBIT
-593.41K	-1.47M	-682.13K	-2.35M	-1.81M
	EBITDA
-480.76K	-1.59M	-6.90M	-587.08K	-2.14M
	Net Income Common Stockholders
-738.66K	-2.47M	-6.99M	-2.36M	-2.32M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
296.73K	14.11K	295.75K	141.13K	7.15K
	Total Assets
842.35K	592.43K	1.12M	1.24M	172.75K
	Total Debt
633.26K	372.61K	51.03K	99.73K	125.00K
	Net Debt
336.53K	358.51K	-244.72K	-41.40K	117.85K
	Total Liabilities
1.26M	1.79M	1.48M	898.18K	863.09K
	Stockholders Equity
-412.95K	-1.20M	-364.10K	410.32K	-618.10K
Cash Flow		Free Cash Flow
-256.76K	-216.05K	-1.21M	-1.55M	-222.24K
	Operating Cash Flow
-256.76K	-216.05K	-1.20M	-1.46M	-222.24K
	Investing Cash Flow
0.00	0.00	923.92K	-932.71K	20.16K
	Financing Cash Flow
537.71K	-64.82K	357.62K	2.53M	150.15K

CleanGo Innovations Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.54
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CGII, the sentiment is Neutral. The current price of 0.54 is above the 20-day moving average (MA) of 0.35, above the 50-day MA of 0.31, and above the 200-day MA of 0.42, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 56.96 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:CGII.

CleanGo Innovations Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$6.59B	11.77	3.06%	3.98%	2.56%	-20.85%
BYD	58 Neutral	$4.33B	128.20	2.96%	0.30%	5.76%	-71.36%
GRN	58 Neutral	C$14.12M	―	-5.60%	―	-10.37%	95.22%
ECO	56 Neutral	C$242.90M	―	-3.46%	―	48.80%	50.70%
CGII	40 Underperform	C$2.70M	―	95.90%	―	-5.86%	6.20%
NPK	39 Underperform	C$24.49M	―	-33.12%	―	-42.96%	-110.04%
SHP	24 Underperform	C$1.90M	―	94.60%	―	-76.55%	58.66%

CleanGo Innovations Corporate Events

CleanGo Innovations Enhances Leadership at Kubera Black Technology

CleanGo Innovations Inc. announced significant leadership changes in its subsidiary, Kubera Black Technology, with the appointment of Dino Sgueglia and Timothy Hardiman to its Board of Directors. The company also launched a Strategic Advisory Board chaired by Dr. Philip Templeton, aimed at enhancing strategic capabilities and supporting growth. These developments are expected to strengthen Kubera Black Technology’s market position and operational effectiveness.

Spark’s Take on TSE:CGII Stock

According to Spark, TipRanks’ AI Analyst, TSE:CGII is a Underperform.

CleanGo Innovations is struggling with financial instability, as evidenced by negative profitability and cash flow issues. The technical analysis suggests weak momentum, and the negative P/E ratio indicates an unattractive valuation. While the recent corporate event could potentially create future opportunities, it does not mitigate the current financial difficulties.

To see Spark’s full report on TSE:CGII stock, click here.

CleanGo Innovations Navigates Tariff Challenges and Expands Product Line

CleanGo Innovations Inc. has announced its strategic positioning to effectively manage the recent tariff increases between Canada and the United States, ensuring stable pricing and uninterrupted service for customers. With manufacturing facilities in both countries and a robust logistics network, the company is well-prepared to handle trade uncertainties. This proactive approach has not only safeguarded its operations but also attracted significant interest from major retailers and distribution partners. Additionally, CleanGo has launched CG-Industrial, a new industrial-strength cleaner and disinfectant, further expanding its product line and market reach.

CleanGo Innovations Expands into Energy Sector with New Subsidiary

CleanGo Innovations Inc. has announced the launch of Kubera Black Energy Inc., a new subsidiary aimed at providing alternative solutions to the global oil and gas industry. This strategic move is designed to enhance CleanGo’s market leadership by leveraging its proven cleaning technologies to optimize operational efficiency and minimize environmental impact in the energy sector. The formation of Kubera Black Energy reflects CleanGo’s commitment to sustainable practices and positions the company to capitalize on untapped market opportunities, potentially increasing shareholder value through a future public market spin-off.

CleanGo Innovations Secures Prestigious Clean Oceans Innovator Award

CleanGo Innovations Inc. has been honored with the Inaugural Clean Oceans Innovator Award for their CleanGo Green Certified product line. This accolade highlights the company’s innovative water-based cleaning solutions that effectively remove oil contamination while ensuring marine life safety, reinforcing CleanGo’s position as a leader in sustainable cleaning solutions. The recognition marks a significant step in aligning environmental advocacy with sustainable business practices, as emphasized by the partnership with Think Clean Oceans, and signifies a meaningful advancement in ocean conservation efforts.