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The latest update is out from Clear Blue Technologies International ( (TSE:CBLU) ).
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.
Spark’s Take on TSE:CBLU Stock
According to Spark, TipRanks’ AI Analyst, TSE:CBLU is a Underperform.
Clear Blue Technologies is in a challenging financial position with consistent losses, high leverage, and negative cash flow. While there are ongoing efforts to improve cash flow and reduce costs, significant risks remain due to revenue declines and financial uncertainties. The stock’s technical indicators and valuation also reflect financial distress, contributing to the overall cautious score.
To see Spark’s full report on TSE:CBLU stock, click here.
More about Clear Blue Technologies International
Clear Blue Technologies International is a Smart Off-Grid company focused on delivering clean, managed, wireless power solutions. The company provides low-cost, solar and hybrid power for lighting, telecom, security, Internet of Things devices, and other mission-critical systems.
YTD Price Performance: -8.33%
Average Trading Volume: 16,743
Technical Sentiment Signal: Buy
Current Market Cap: C$8.65M
Find detailed analytics on CBLU stock on TipRanks’ Stock Analysis page.