CleanGo Innovations (TSE:CGII)
:CGII
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CleanGo Innovations
(CGII)
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Rating:42Neutral
Price Target:
C$0.58
▲(28.00% Upside)
Action:ReiteratedDate:04/28/26
The score is primarily constrained by weak financial performance (persistent losses, negative equity, and ongoing cash burn). Technicals are mixed with extremely overbought signals (RSI/Stoch) adding near-term risk, while valuation is difficult to support given negative earnings and no provided dividend yield.
Positive Factors
Healthy gross margins
Gross margins around 38–42% provide a structural cushion between revenue and production costs, enabling the business to absorb SG&A and R&D while pursuing scale. Sustained margin levels would shorten the path to break-even as volume and operational efficiency improve.
Negative Factors
Negative shareholders' equity
Persistent negative shareholders' equity materially limits financial flexibility, increases refinancing and covenant risk, and makes traditional debt or equity raises more costly and dilutive. That structural capital weakness constrains long-term strategic options and scalability.
Read all positive and negative factors
Positive Factors
Negative Factors
Healthy gross margins
Gross margins around 38–42% provide a structural cushion between revenue and production costs, enabling the business to absorb SG&A and R&D while pursuing scale. Sustained margin levels would shorten the path to break-even as volume and operational efficiency improve.
Read all positive factors
CleanGo Innovations (CGII) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$4.39M
Dividend YieldN/A
Average Volume (3M)814.00
Price to Earnings (P/E)―
Beta (1Y)0.08
Revenue Growth-27.44%
EPS Growth2.57%
CountryCA
Employees3
SectorConsumer Defensive
Sector Strength42
IndustryHousehold & Personal Products
Share Statistics
EPS (TTM)N/A
Shares Outstanding7,314,656
10 Day Avg. Volume1,753
30 Day Avg. Volume814
Financial Highlights & Ratios
PEG Ratio-0.14
Price to Book (P/B)-3.16
Price to Sales (P/S)20.76
P/FCF Ratio-16.53
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
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...
CleanGo Innovations Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
8
Very Negative
Cash Flow
14
Very Negative
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 151.68K | 209.04K | 222.05K | 113.89K | 146.76K |
| Gross Profit | 58.14K | 88.11K | 91.90K | -115.19K | 18.34K |
| EBITDA | -1.29M | -643.35K | -480.76K | -1.59M | -6.90M |
| Net Income | -1.46M | -970.02K | -738.66K | -1.68M | -6.95M |
Balance Sheet | |||||
| Total Assets | 288.76K | 366.46K | 842.35K | 592.43K | 1.12M |
| Cash, Cash Equivalents and Short-Term Investments | 87.02K | 101.33K | 296.73K | 14.11K | 295.75K |
| Total Debt | 356.57K | 627.08K | 633.26K | 372.61K | 51.03K |
| Total Liabilities | 1.28M | 1.56M | 1.26M | 1.50M | 1.48M |
| Stockholders Equity | -996.10K | -1.20M | -412.95K | -1.20M | -364.10K |
Cash Flow | |||||
| Free Cash Flow | -190.48K | -357.39K | -256.76K | -216.05K | -1.21M |
| Operating Cash Flow | -166.75K | -357.39K | -256.76K | -216.05K | -1.20M |
| Investing Cash Flow | -13.15K | 0.00 | 0.00 | 0.00 | 923.92K |
| Financing Cash Flow | 164.81K | 179.71K | 537.71K | -64.82K | 357.62K |
CleanGo Innovations Technical Analysis
Positive
0.45
Price Trends
0.55
Positive
0.53
Positive
0.62
Positive
Market Momentum
0.05
Negative
74.18
Negative
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CGII, the sentiment is Positive. The current price of 0.45 is below the 20-day moving average (MA) of 0.62, below the 50-day MA of 0.55, and below the 200-day MA of 0.62, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 74.18 is Negative, 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 Positive sentiment for TSE:CGII.
CleanGo Innovations Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | C$1.40B | 22.55 | 12.97% | 2.67% | 12.03% | 20.09% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
62 Neutral | C$114.05M | ― | 5.63% | 7.04% | ― | 248.08% | |
42 Neutral | C$4.39M | -2.15 | ― | ― | -27.44% | 2.57% | |
| ― | C$17.89M | -6.90 | -179.43% | ― | ― | -132.56% |
* Consumer Defensive Sector Average
TSE:CGII
CleanGo Innovations
0.60
0.25
71.43%
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CleanGo Innovations Corporate Events
Business Operations and StrategyPrivate Placements and Financing
CleanGo Innovations Seeks Extension of 1 Million Share Purchase Warrants
Positive
Apr 9, 2026
CleanGo Innovations Inc. plans to extend the expiry dates of 1,000,000 common share purchase warrants, originally issued in 2023 in connection with convertible note conversions and a debt settlement, all exercisable at $0.40 per share. The company...
Business Operations and StrategyPrivate Placements and Financing
CleanGo Plans Warrant Extension and Repricing to Support Capital Structure
Positive
Apr 9, 2026
CleanGo Innovations plans to amend 1,000,000 outstanding common share purchase warrants issued in connection with past convertible note conversions and a debt settlement, subject to Canadian Securities Exchange approval. The company intends to ext...
Business Operations and StrategyM&A Transactions
CleanGo Takes 49% Stake in AgritechBC to Expand Organic Remediation Reach
Positive
Apr 1, 2026
CleanGo Innovations Inc. has signed a definitive agreement to acquire a 49% stake in AgritechBC Solutions Inc., gaining access to proprietary, nature-based technologies such as MycoSet, BioIngress, and PhytoCentra for organic environmental remedia...
Business Operations and StrategyProduct-Related AnnouncementsRegulatory Filings and Compliance
CleanGo Wins Third-Party Validation for MycoSet as It Targets Global Remediation Market
Positive
Mar 11, 2026
CleanGo Innovations Inc., a developer of green, non-toxic cleaning and remediation products for retail, commercial and industrial use, has built a portfolio of certified, Health Canada-approved disinfectants and environmentally safe solutions. The...
Business Operations and StrategyM&A Transactions
CleanGo Drops Freia Farmaceutici Deal to Refocus on Higher-Growth Targets
Positive
Mar 10, 2026
CleanGo Innovations and its wholly owned subsidiary Kubera Black have decided not to proceed with the previously announced acquisition of Italian firm Freia Farmaceutici Srl after completing extensive due diligence. Management said the target did ...
Business Operations and StrategyM&A TransactionsProduct-Related Announcements
CleanGo Innovations Accelerates Global Expansion and Green Tech Push
Positive
Feb 18, 2026
CleanGo Innovations detailed six months of rapid expansion, signing a key partnership in Cyprus to launch CleanGo Marine for eco-friendly vessel maintenance across the Mediterranean and shipping its first major order into Argentina’s oil, ga...
Business Operations and StrategyPrivate Placements and Financing
CleanGo Innovations to Improve Balance Sheet via Share-Based Debt Settlement
Positive
Feb 10, 2026
CleanGo Innovations Inc., a developer of proprietary green chemistry and sustainable industrial solutions with manufacturing footprints in North and South America and Saudi Arabia, targets industrial, commercial, and retail markets with high-perfo...
Business Operations and Strategy
CleanGo Innovations Joins Canadian Clean-Tech Trade Mission to Saudi Arabia
Positive
Feb 9, 2026
CleanGo Innovations has been selected to join Canada’s trade mission to Saudi Arabia in February 2026, a government‑backed delegation aimed at linking Canadian innovation with Saudi Arabia’s rapid infrastructure and clean‑t...
Business Operations and StrategyProduct-Related Announcements
CleanGo Innovations Taps Cyprus Hub to Launch CleanGo Marine Division
Positive
Feb 3, 2026
CleanGo Innovations Inc., a global provider of proprietary, non-toxic green technology solutions for multiple industries, is expanding its reach into the maritime sector with eco-certified cleaning and protection products aimed at helping clients ...
Business Operations and StrategyProduct-Related Announcements
CleanGo Innovations Enters South America with First CG-100 Shipment to Argentina
Positive
Jan 29, 2026
CleanGo Innovations Inc. has secured approval from its long-established Argentinian partner Indioquímica S.A. for the first shipment of 6,000 liters of its CG-100 industrial cleaner, marking the company’s official entry into the South A...
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.