| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.70M | 2.76M | 5.40M | 2.64M | 8.15M | 4.02M |
| Gross Profit | 1.99M | 1.35M | 2.47M | 988.52K | 2.26M | 1.27M |
| 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 Assets | 5.95M | 5.82M | 12.02M | 10.87M | 11.17M | 8.40M |
| Cash, Cash Equivalents and Short-Term Investments | 125.53K | 339.90K | 534.45K | 853.33K | 2.12M | 3.51M |
| Total Debt | 6.29M | 6.69M | 11.54M | 9.97M | 8.25M | 4.23M |
| Total Liabilities | 11.32M | 10.30M | 16.56M | 13.65M | 11.38M | 7.15M |
| Stockholders Equity | -5.37M | -4.48M | -4.54M | -2.78M | -215.24K | 1.25M |
Cash Flow | ||||||
| Free Cash Flow | -1.86M | -2.26M | -5.17M | -5.86M | -6.84M | -3.18M |
| Operating Cash Flow | -431.72K | 357.40K | -2.06M | -3.45M | -3.90M | -3.15M |
| Investing Cash Flow | -575.73K | -1.45M | -859.51K | -1.80M | -2.86M | 23.56K |
| Financing Cash Flow | 913.31K | 897.26K | 2.60M | 3.98M | 5.37M | 6.57M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | C$14.23M | 65.33 | 2.70% | ― | 4.42% | -53.42% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
51 Neutral | C$11.05M | -2.25 | ― | ― | -25.74% | 2.28% | |
41 Neutral | C$3.93M | -0.47 | ― | ― | -14.00% | 53.44% | |
40 Underperform | C$1.11M | -0.62 | -95.04% | ― | -63.67% | -422.58% | |
40 Underperform | C$4.43M | -2.83 | ― | ― | -25.00% | -10.42% |
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.
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.
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.
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.
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.
Clear Blue Technologies International Inc. is piloting a Smart Off-Grid power solution for agricultural applications in the Prairies with a Canadian provincial electric utility. This initiative aims to provide reliable power for cattle watering systems in remote Saskatchewan areas, addressing challenges posed by traditional power infrastructure and extreme environmental conditions. The pilot’s success could expand Clear Blue’s market reach into other IoT applications, supporting Canada’s agricultural economy. Additionally, the company has granted incentive stock options and restricted share units to its directors and senior management, aligning with its growth and compensation strategy.