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Clear Blue Technologies International, Inc. (TSE:CBLU)
:CBLU

Clear Blue Technologies International (CBLU) AI Stock Analysis

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TSE:CBLU

Clear Blue Technologies International

(CBLU)

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Neutral 47 (OpenAI - 5.2)
Rating:47Neutral
Price Target:
C$0.08
▲(31.67% Upside)
The score is primarily held back by weak financial performance: ongoing losses, negative equity and leverage concerns, and challenged operating/free cash flow. Technicals are moderately supportive in the near term (price above shorter moving averages with positive momentum), but valuation remains constrained by unprofitable earnings (negative P/E) and no dividend yield data.
Positive Factors
Revenue Growth
The positive revenue growth rate indicates increasing market demand and potential for future expansion, which is crucial for long-term business sustainability.
Strategic Partnerships
Strategic partnerships enhance market reach and customer base, providing opportunities for joint projects and shared resources, which can drive long-term growth.
Innovative Product Offering
The focus on innovative solar-powered systems positions CBLU well in the growing renewable energy sector, offering a competitive edge in underserved markets.
Negative Factors
Negative Profitability
Sustained negative profitability indicates operational inefficiencies and high costs, which can hinder long-term financial health and growth potential.
High Leverage
High leverage and negative equity pose risks to financial stability, potentially limiting the company's ability to invest in growth opportunities.
Liquidity Challenges
Liquidity challenges from negative cash flows can constrain operations and strategic initiatives, impacting the company's ability to sustain growth and innovation.

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

Clear Blue Technologies International Business Overview & Revenue Model

Company DescriptionClear Blue Technologies International Inc., a smart off-grid company, develops and sells off-grid power solutions to the power, control, monitor, manage, and service solar and hybrid power systems in Canada, the United States, the Middle East, Africa, and internationally. The company's products are used in streetlights, security systems, telecommunications systems, emergency power, satellite Wi-Fi, and Internet of Things (IoT) devices. It offers Illumient smart off-grid lighting solutions; Nano-Grid power solutions; and Pico-grid power solutions. The company also provides remote power management services. It has a collaboration agreement with Facebook on rural telecom field study. Clear Blue Technologies International Inc. was incorporated in 2014 and is headquartered in Toronto, Canada.
How the Company Makes MoneyCBLU generates revenue through the sale of its smart off-grid power systems, which are tailored to meet the energy needs of various sectors, including telecommunications, transportation, and municipal services. The company earns income from both the direct sales of its products and recurring revenue from service agreements and maintenance contracts. Additionally, CBLU has established strategic partnerships with key players in the energy and telecommunications industries, enhancing its market reach and enabling access to larger customer bases. These partnerships often involve joint projects and shared resources, contributing significantly to the company's overall earnings.

Clear Blue Technologies International Earnings Call Summary

Earnings Call Date:Nov 29, 2024
(Q3-2024)
|
% Change Since: |
Next Earnings Date:Apr 30, 2026
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 Financial Statement Overview

Summary
Revenue is growing (18.74% TTM), but profitability remains weak with negative net profit and EBIT margins. The balance sheet is a major concern due to negative equity and high leverage indicators, and cash flows show liquidity pressure with negative operating cash flow and negative free cash flow growth.
Income Statement
35
Negative
Clear Blue Technologies International shows a positive revenue growth rate of 18.74% TTM, indicating potential market demand. However, the company struggles with profitability, as evidenced by negative net profit and EBIT margins, suggesting operational inefficiencies and high costs relative to revenue.
Balance Sheet
25
Negative
The balance sheet reveals significant financial instability, with a negative equity position and a concerning debt-to-equity ratio of -1.23 TTM. This indicates high leverage and potential solvency issues, posing risks to financial health.
Cash Flow
30
Negative
Cash flow analysis shows negative free cash flow growth and a negative operating cash flow, highlighting liquidity challenges. The free cash flow to net income ratio is high at 5.46 TTM, suggesting reliance on non-operational cash flow sources.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue3.70M2.76M5.40M2.64M8.15M4.02M
Gross Profit1.99M1.35M2.47M988.52K2.26M1.27M
EBITDA-6.28M-8.03M-1.35M-3.76M-2.79M-3.21M
Net Income-8.16M-11.03M-3.89M-5.75M-3.41M-3.82M
Balance Sheet
Total Assets5.95M5.82M12.02M10.87M11.17M8.40M
Cash, Cash Equivalents and Short-Term Investments125.53K339.90K534.45K853.33K2.12M3.51M
Total Debt6.29M6.69M11.54M9.97M8.25M4.23M
Total Liabilities11.32M10.30M16.56M13.65M11.38M7.15M
Stockholders Equity-5.37M-4.48M-4.54M-2.78M-215.24K1.25M
Cash Flow
Free Cash Flow-1.86M-2.26M-5.17M-5.86M-6.84M-3.18M
Operating Cash Flow-431.72K357.40K-2.06M-3.45M-3.90M-3.15M
Investing Cash Flow-575.73K-1.45M-859.51K-1.80M-2.86M23.56K
Financing Cash Flow913.31K897.26K2.60M3.98M5.37M6.57M

Clear Blue Technologies International Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.06
Price Trends
50DMA
0.06
Positive
100DMA
0.06
Positive
200DMA
0.07
Negative
Market Momentum
MACD
<0.01
Positive
RSI
53.88
Neutral
STOCH
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CBLU, the sentiment is Neutral. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.88 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 Neutral 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
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
48
Neutral
C$19.56M-2.5040.24%
48
Neutral
C$2.41M4.500.73%
47
Neutral
C$5.50M-0.66-14.00%53.44%
44
Neutral
C$4.43M-2.83-25.00%-10.42%
41
Neutral
C$10.76M-4.74-716.67%
41
Neutral
C$11.77M-3.13-262.27%278.39%71.84%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:CBLU
Clear Blue Technologies International
0.07
-0.08
-53.33%
TSE:HEAT
Hillcrest Energy Technologies
0.20
0.08
62.50%
TSE:NVI
Novra Technologies
0.07
<0.01
4.62%
TSE:SOLR
Solar Alliance Energy
0.02
>-0.01
-25.00%
TSE:YFI
Edgewater Wireless Systems
0.05
-0.04
-47.06%
TSE:HC
Hypercharge Networks Corp.
0.09
0.03
41.67%

Clear Blue Technologies International Corporate Events

Private Placements and FinancingRegulatory Filings and Compliance
Clear Blue Technologies Expands Private Placement to Raise Up to $1.2 Million
Positive
Jan 8, 2026

Clear Blue Technologies International has applied to the TSX Venture Exchange to increase its previously announced non-brokered private placement to 24 million units and extend its price protection to January 29, 2026, allowing more time to complete subscriptions. The offering, priced at $0.05 per unit and including a common share and a warrant exercisable at $0.06 for 36 months, could raise up to $1.2 million, with $793,700 already secured through two tranches that also involved cash finder’s fees and finder’s warrants; insider participation classifies part of the deal as a related-party transaction, though the company plans to rely on regulatory exemptions as the insider portion will remain below 25% of its market capitalization, subject to final TSXV and securities law approvals and standard hold periods for the issued securities.

The most recent analyst rating on (TSE:CBLU) stock is a Hold with a C$0.06 price target. To see the full list of analyst forecasts on Clear Blue Technologies International stock, see the TSE:CBLU Stock Forecast page.

Business Operations and Strategy
Clear Blue Signs LOI to Power Eutelsat’s Konnect WiFi Rollout Across Africa
Positive
Dec 23, 2025

Clear Blue Technologies has signed a three-year letter of intent with Eutelsat Group to supply its Pico-Plus off-grid power systems for the rollout of Eutelsat’s Konnect WiFi service across Africa, marking a significant step-up in their partnership. The deal outlines initial purchase orders of about 1,100 units worth roughly CA$1 million, with deliveries expected in 2026 to four African countries and a target of up to 15,000 Pico-Plus systems over three years, subject to demand. By integrating Clear Blue’s intelligent solar power and energy management technology into Eutelsat’s GEO Konnect and LEO OneWeb satellite platforms, the collaboration aims to provide reliable, scalable and power-efficient broadband connectivity in regions with unstable electricity, bolstering Clear Blue’s positioning in off-grid telecom power and supporting Eutelsat’s strategy to expand affordable internet access across Sub-Saharan Africa.

The most recent analyst rating on (TSE:CBLU) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on Clear Blue Technologies International stock, see the TSE:CBLU Stock Forecast page.

Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Clear Blue Technologies Reports Strong Q3 2025 Results and Secures New Funding
Positive
Nov 26, 2025

Clear Blue Technologies International reported significant financial improvements for Q3 2025, with a 158% increase in revenue compared to the same quarter in 2024, largely driven by increased North American lighting activity. The company also announced a substantial repeat order from iSat Africa, indicating a strong market demand and future growth potential. Additionally, Clear Blue is optimizing costs and expects to benefit from enhanced federal tax credits, positioning itself for a robust start to 2026. The company also closed an initial tranche of a private placement, raising $300,000 to support sales, business development, and working capital.

Business Operations and StrategyFinancial Disclosures
Clear Blue Technologies to Announce Q3 2025 Financial Results and Host Conference Call
Neutral
Nov 20, 2025

Clear Blue Technologies International has announced it will report its third-quarter 2025 financial results on November 26, 2025, after market close, followed by a conference call on November 27 to discuss these results and the company’s outlook for 2026. This announcement is significant for stakeholders as it will provide insights into the company’s financial health and strategic direction, potentially impacting its market positioning and future operations.

Business Operations and StrategyFinancial Disclosures
Clear Blue Technologies Advances with Clear Blue 2.0 and Strong Q3 2025 Results
Positive
Nov 18, 2025

Clear Blue Technologies has made significant strides in its Clear Blue 2.0 goals, which include revenue growth, achieving positive Adjusted EBITDA, and cash generation. The company has reduced debt, lowered operating costs, and increased sales traction, setting a foundation for future growth. With a shift towards full commercialization of its product lines, Clear Blue has established key partnerships with major organizations like Eutelsat Group and Cooper Lighting. The company’s order bookings have increased by 161% compared to the previous year, indicating a strong sales trajectory. The Canadian government’s proposed budget, including enhanced tax credits, is expected to provide additional financial benefits in 2026. Recent developments include a repeat $1.5 million order from iSat Africa and new relationships with North American power utilities, highlighting Clear Blue’s expanding market presence.

Business Operations and StrategyProduct-Related Announcements
Clear Blue Technologies Secures $1.5M Order from iSat Africa to Boost Telecom Expansion
Positive
Nov 11, 2025

Clear Blue Technologies International has secured a CA$1.5M repeat order from iSat Africa for its Micro product, supporting the expansion of telecom infrastructure in several African countries. This order, part of iSat’s broader Energy-as-a-Service initiative, highlights the growing demand for solar-powered telecom solutions in Sub-Saharan Africa, a region with significant connectivity needs and a young, expanding population.

Business Operations and StrategyProduct-Related Announcements
Clear Blue Technologies Partners with Eutelsat to Expand Connectivity in Africa
Positive
Nov 10, 2025

Clear Blue Technologies International Inc. announced its collaboration with Eutelsat Group to showcase its Pico product at AfricaCom 2025. The Pico product integrates Clear Blue’s Smart Off-Grid platform with Eutelsat’s satellite network, offering reliable energy management for remote telecommunications and IoT applications. This partnership aims to expand connectivity in underserved African regions by overcoming traditional electricity access barriers. The demonstration at AfricaCom will highlight the combined power of intelligent energy management and satellite connectivity to accelerate the deployment of critical communications infrastructure across Africa.

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: Dec 26, 2025