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Clear Blue Technologies International
(CBLU)
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Rating:41Neutral
Price Target:
C$0.04
▼(-36.67% Downside)
Action:Reiterated
Date:06/28/26
The score is driven primarily by very weak financial performance—persistent losses, negative gross profit in TTM, negative equity, and ongoing cash burn. Technicals add some support from oversold momentum signals, but the broader trend remains down (below key longer-term moving averages). Valuation provides limited help because negative earnings make the P/E uninformative and no dividend yield is available.
Positive Factors
Niche off-grid market
Clear Blue targets off-grid and grid-edge electricity for telecom and critical infrastructure, a durable niche where reliable, lower-carbon power is mission-critical. Long equipment lifecycles and high switching costs support multi-year demand and recurring service opportunities for deployed systems.
Negative Factors
Negative gross profit
Negative trailing gross profit signals the core business is losing money on product and project delivery, not just suffering overhead. That reveals structural pricing or cost issues; without sustained margin recovery, revenue growth cannot translate into profitability, worsening cash needs and strategic options.
Read all positive and negative factors
Positive Factors
Negative Factors
Niche off-grid market
Clear Blue targets off-grid and grid-edge electricity for telecom and critical infrastructure, a durable niche where reliable, lower-carbon power is mission-critical. Long equipment lifecycles and high switching costs support multi-year demand and recurring service opportunities for deployed systems.
Read all positive factors
Clear Blue Technologies International (CBLU) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$4.03M
Dividend YieldN/A
Average Volume (3M)70.12K
Price to Earnings (P/E)―
Beta (1Y)-0.40
Revenue Growth6.73%
EPS Growth78.35%
CountryCA
Employees15
SectorTechnology
Sector Strength88
IndustrySolar
Share Statistics
EPS (TTM)-0.04
Shares Outstanding100,635,920
10 Day Avg. Volume73,596
30 Day Avg. Volume70,123
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
CBLU primarily makes money by selling its power systems and related components and services to customers that need reliable electricity in locations where grid power is unavailable, unreliable, or expensive. Key revenue streams include: (1) Produc...
Clear Blue Technologies International Earnings Call Summary
Earnings Call Date:Jun 23, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 31, 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
18
Very Negative
Cash Flow
22
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.25M | 2.76M | 5.40M | 2.64M | 8.15M |
| Gross Profit | -443.48K | 1.35M | 2.47M | 988.52K | 2.26M |
| EBITDA | -3.26M | -8.03M | -1.35M | -3.76M | -2.79M |
| Net Income | -3.89M | -11.03M | -3.89M | -5.75M | -3.41M |
Balance Sheet | |||||
| Total Assets | 4.78M | 5.82M | 12.02M | 10.87M | 11.17M |
| Cash, Cash Equivalents and Short-Term Investments | 329.94K | 339.90K | 534.45K | 853.33K | 2.12M |
| Total Debt | 6.62M | 6.69M | 11.54M | 9.97M | 8.25M |
| Total Liabilities | 12.21M | 10.30M | 16.56M | 13.65M | 11.38M |
| Stockholders Equity | -7.42M | -4.48M | -4.54M | -2.78M | -215.24K |
Cash Flow | |||||
| Free Cash Flow | -1.28M | -2.26M | -5.17M | -5.86M | -6.84M |
| Operating Cash Flow | -1.24M | 357.40K | -2.06M | -3.45M | -3.90M |
| Investing Cash Flow | -330.40K | -1.45M | -859.51K | -1.80M | -2.86M |
| Financing Cash Flow | 1.38M | 897.26K | 2.60M | 3.98M | 5.37M |
Clear Blue Technologies International Technical Analysis
Negative
0.06
Price Trends
0.04
Negative
0.06
Negative
0.06
Negative
Market Momentum
>-0.01
Negative
33.60
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CBLU, the sentiment is Negative. The current price of 0.06 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 33.60 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 Negative sentiment for TSE:CBLU.
Clear Blue Technologies International Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | C$4.34M | 17.50 | ― | ― | 6.02% | ― | |
46 Neutral | C$33.09M | -2.41 | 279.58% | ― | ― | 44.84% | |
44 Neutral | C$2.95M | -2.56 | ― | ― | -25.00% | -10.42% | |
43 Neutral | C$13.16M | -3.23 | -165.33% | ― | 49.68% | 60.57% | |
41 Neutral | C$4.03M | -0.71 | ― | ― | 6.73% | 78.35% | |
41 Neutral | C$8.37M | -4.32 | ― | ― | ― | -164.52% |
* Technology Sector Average
TSE:CBLU
Clear Blue Technologies International
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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.