CleanGo Innovations (CGII) AI Stock Analysis

• Market Cap: C$3.29M
• Dividend Yield: N/A
• Average Volume (3M): 814.00
• Price to Earnings (P/E): ―
• Beta (1Y): -0.13
• Revenue Growth: -25.05%
• EPS Growth: -19.86%
• Country: CA
• Employees: 3
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Household & Personal Products
• EPS (TTM): -0.12
• Shares Outstanding: 7,314,656
• 10 Day Avg. Volume: 1,753
• 30 Day Avg. Volume: 814
• PEG Ratio: 0.17
• Price to Book (P/B): -1.80
• Price to Sales (P/S): 10.30
• P/FCF Ratio: -6.03
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: C$0.49 ▲(8.89% Upside)

The score is held down primarily by weak financial performance (shrinking revenue, very large losses, negative equity, and continued cash burn). Technicals also remain bearish with the stock below key moving averages and negative MACD, despite near-oversold readings. Corporate events provide some upside optionality, but are not yet enough to offset the financial and trend risks.

CleanGo Innovations Business Overview & Revenue Model

Company Description

CleanGo Innovations Inc. manufactures and sells non-toxic, biodegradable cleaning, disinfecting, and industrial solutions. It offers industrial, fabrics and carpets, and total purpose cleaners; hand sanitizers; and sanitary wipes under the CleanGo GreenGo brand. CleanGo Innovations Inc. is headquartered in Calgary, Canada.

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 faces considerable financial challenges across all verticals. Despite some revenue growth, profitability and operational efficiency are lacking. The balance sheet shows high leverage and negative equity, posing significant financial risk. Cash flow issues further highlight the company's dependency on external funding. Overall, substantial improvements in revenue generation and cost management are necessary for financial stability.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	178.73K	209.04K	222.05K	113.89K	146.76K	190.35K
Gross Profit	51.31K	88.11K	91.90K	-115.19K	18.34K	6.18K
EBITDA	-1.35M	-643.35K	-480.76K	-1.59M	-6.90M	-587.08K
Net Income	-1.59M	-970.02K	-738.66K	-1.68M	-6.95M	-622.85K
Balance Sheet
Total Assets	321.94K	366.46K	842.35K	592.43K	1.12M	600.38K
Cash, Cash Equivalents and Short-Term Investments	156.94K	101.33K	296.73K	14.11K	295.75K	212.05K
Total Debt	349.35K	627.08K	633.26K	372.61K	51.03K	920.49K
Total Liabilities	1.19M	1.56M	1.26M	1.50M	1.48M	1.72M
Stockholders Equity	-808.22K	-1.20M	-412.95K	-1.20M	-364.10K	-1.12M
Cash Flow
Free Cash Flow	-125.97K	-357.39K	-256.76K	-216.05K	-1.21M	-1.18M
Operating Cash Flow	-101.87K	-357.39K	-256.76K	-216.05K	-1.20M	-1.09M
Investing Cash Flow	-24.10K	0.00	0.00	0.00	923.92K	-86.75K
Financing Cash Flow	242.19K	179.71K	537.71K	-64.82K	357.62K	1.38M

CleanGo Innovations Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CGII, the sentiment is Negative. The current price of 0.45 is below the 20-day moving average (MA) of 0.57, below the 50-day MA of 0.59, and below the 200-day MA of 0.56, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 28.16 is Positive, neither overbought nor oversold. The STOCH value of 36.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CGII.

CleanGo Innovations Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
CGII	46 Neutral	C$3.29M	-1.76	―	―	-25.05%	-19.86%
NEXE	43 Neutral	C$11.68M	-1.78	-19.32%	―	556.60%	-198.67%
ATHR	41 Neutral	C$3.77M	-3.77	―	―	―	-67.37%
ZRO	26 Underperform	C$3.38M	―	―	―	―	―
TUGA	21 Underperform	$495.92K	-1.43	―	―	―	69.96%

CleanGo Innovations Corporate Events

CleanGo Innovations Launches MycoSet Globally, Targets Saudi and GCC Oilfield Remediation Market

CleanGo Innovations has launched its MycoSet oilfield remediation technology globally, positioning its Saudi Arabian subsidiary, CleanGo Arabia, at the center of expansion into Saudi Arabia and the wider Gulf Cooperation Council markets. The MycoSet suite, which includes the BioIngress biostimulant and PhytoCentra surfactant, is engineered to work in extreme arid and hypersaline environments and offers in‑situ hydrocarbon cleanup that the company says can outperform traditional mechanical and thermal methods while cutting logistics costs by up to 60% and water use by 85%. By emphasizing biological restoration of contaminated soils and aligning with regional partners such as Sanad Industrial Co., CleanGo aims to tap into tightening environmental regulations, support Saudi Vision 2030 objectives and establish a cost‑effective, nature‑based remediation standard for some of the world’s largest energy operators, potentially strengthening its competitive position in the global oilfield services and green technologies markets.

The most recent analyst rating on (TSE:CGII) stock is a Hold with a C$0.49 price target. To see the full list of analyst forecasts on CleanGo Innovations stock, see the TSE:CGII Stock Forecast page.

CleanGo Innovations Expands into Global Health with Acquisition of Freia Farmaceutici

CleanGo Innovations Inc., through its subsidiary Kubera Black Technology, has entered a non-binding Letter of Intent to acquire Milan-based Freia Farmaceutici Srl, a European leader in plant-based therapeutics. This strategic move allows CleanGo to expand its reach into the global health sector, leveraging Freia’s expertise in vegetable omega-based medical devices, nutritional supplements, and innovative therapeutic solutions. The acquisition will grant Freia access to North American markets while providing CleanGo with diversified industry positioning and potential revenue growth opportunities.

CleanGo Innovations Secures CAD 300,000 Through Private Placement

CleanGo Innovations Inc. has announced a private placement to raise CAD 300,000 by issuing 500,000 units at CAD 0.60 each. This funding initiative involves both existing and new investors and is subject to regulatory and stock exchange approvals. The move is expected to bolster CleanGo’s financial position and support its mission to innovate in the green cleaning industry, potentially enhancing its market presence and stakeholder value.

CleanGo Innovations Enters Global Remediation Market with Agritech BC Joint Venture

CleanGo Innovations Inc. has entered the global environmental remediation market through a joint venture with Agritech BC. This strategic partnership aims to co-develop and commercialize Agritech’s bioremediation technologies, leveraging CleanGo’s international distribution networks. The collaboration positions the joint venture to address the growing demand for sustainable cleanup methods, with a focus on scaling key proprietary biotechnologies for environmental restoration projects worldwide. The joint venture is expected to capitalize on the rapidly growing bioremediation market, projected to reach USD $59.5 billion by 2034, and aims to establish a leadership position in providing ESG-compliant green infrastructure solutions.