New Risk • May 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-CA$5.4m). Earnings have declined by 19% per year over the past 5 years. Market cap is less than US$10m (CA$6.02m market cap, or US$4.40m). Minor Risks Shareholders have been diluted in the past year (28% increase in shares outstanding). Revenue is less than US$5m (CA$3.7m revenue, or US$2.7m). New Risk • Mar 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-CA$5.4m). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Market cap is less than US$10m (CA$9.70m market cap, or US$6.99m). Minor Risk Revenue is less than US$5m (CA$3.7m revenue, or US$2.7m). New Risk • Feb 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 55% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$5.4m). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Market cap is less than US$10m (CA$8.37m market cap, or US$6.12m). Minor Risks Share price has been volatile over the past 3 months (20% average weekly change). Revenue is less than US$5m (CA$3.7m revenue, or US$2.7m). 공시 • Jan 31
Clear Blue Technologies International Inc. announced that it has received CAD 1.0967 million in funding Clear Blue Technologies International Inc. announces that it has closed the non brokered private placement issued 21,934,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 1,096,700 on January 30, 2026. Each unit comprised of one common share and one common share purchase warrant at a price per unit of CAD 0.05, and each warrant exercisable for a period of 36 months at a strike price of CAD 0.06. In connection with the Offering, the Company also paid aggregate finder's fees of CAD 36,540 in cash and 730,800 finder's warrants. The closing of the Offering remains subject to the Company receiving all necessary regulatory approvals, including the approval of the TSXV. The securities issued pursuant to the Offering are subject to a hold period of four months and one day from the issuance date in accordance with applicable securities laws. Certain insiders participated in the Offering and the participation of such insiders. New Risk • Jan 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-CA$5.4m). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (308% increase in shares outstanding). Market cap is less than US$10m (CA$5.06m market cap, or US$3.69m). Minor Risk Revenue is less than US$5m (CA$3.7m revenue, or US$2.7m). Reported Earnings • Nov 28
Third quarter 2025 earnings released: CA$0.01 loss per share (vs CA$0.46 loss in 3Q 2024) Third quarter 2025 results: CA$0.01 loss per share (improved from CA$0.46 loss in 3Q 2024). Revenue: CA$954.0k (up 158% from 3Q 2024). Net loss: CA$789.4k (loss narrowed 50% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. 공시 • Nov 20
Clear Blue Technologies International Inc. to Report Q3, 2025 Results on Nov 26, 2025 Clear Blue Technologies International Inc. announced that they will report Q3, 2025 results After-Market on Nov 26, 2025 공시 • Sep 28
Clear Blue Technologies International Inc. Pilots Smart Off-Grid Power for Critical Agriculture Clear Blue Technologies International Inc. announced that it is piloting Smart Off-Grid power for a new agriculture application in the Prairies with a Canadian provincial electric utility. Clear Blue will provide systems that enable reliable power in remote Saskatchewan areas for the delivery of water for cattle. Clear Blue began its partnership with the utility in 2024 through a small pilot deployment of the Company's Solar lighting systems. The Prairies cover a geography that is challenging for solar off-grid systems. This is due to several months of the year experiencing up to 17 hours of nighttime and extreme temperatures of up to -40C, resulting in traditional off-grid solar system failures. The first pilot deployment of Clear Blue's Smart Off-Grid technology validated the Company's systems could succeed in this challenging environment. With this pilot, the potential addressable projects are expanding to other Internet of Things (IoT) applications. Agriculture is an important part of Canada's economy and the delivery of reliable power can ensure the health and care of livestock. Reported Earnings • Aug 28
Second quarter 2025 earnings released: CA$0.005 loss per share (vs CA$0.37 loss in 2Q 2024) Second quarter 2025 results: CA$0.005 loss per share (improved from CA$0.37 loss in 2Q 2024). Revenue: CA$1.13m (up 12% from 2Q 2024). Net loss: CA$365.3k (loss narrowed 72% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. New Risk • May 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.9m free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Negative equity (-CA$4.3m). Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (281% increase in shares outstanding). Market cap is less than US$10m (CA$6.68m market cap, or US$4.84m). Minor Risk Revenue is less than US$5m (CA$3.0m revenue, or US$2.2m). 공시 • May 23
Clear Blue Technologies International Inc. to Report Q1, 2025 Results on May 28, 2025 Clear Blue Technologies International Inc. announced that they will report Q1, 2025 results After-Market on May 28, 2025 Reported Earnings • May 07
Full year 2024 earnings released Full year 2024 results: Net income: (up CA$3.89m from FY 2023). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. New Risk • May 06
New major risk - Revenue and earnings growth Earnings have declined by 2.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (41% average weekly change). Negative equity (-CA$7.9m). Earnings have declined by 2.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (282% increase in shares outstanding). Market cap is less than US$10m (CA$7.86m market cap, or US$5.71m). Minor Risk Revenue is less than US$5m (CA$4.3m revenue, or US$3.1m). 공시 • Apr 28
Clear Blue Technologies International Inc. to Report Fiscal Year 2024 Results on Apr 30, 2025 Clear Blue Technologies International Inc. announced that they will report fiscal year 2024 results at 4:00 PM, US Eastern Standard Time on Apr 30, 2025 New Risk • Feb 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 275% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Negative equity (-CA$7.9m). Shareholders have been substantially diluted in the past year (275% increase in shares outstanding). Market cap is less than US$10m (CA$9.26m market cap, or US$6.37m). Minor Risk Revenue is less than US$5m (CA$4.3m revenue, or US$3.0m). Reported Earnings • Nov 29
Third quarter 2024 earnings released: CA$0.013 loss per share (vs CA$0.005 loss in 3Q 2023) Third quarter 2024 results: CA$0.013 loss per share (further deteriorated from CA$0.005 loss in 3Q 2023). Revenue: CA$369.3k (down 84% from 3Q 2023). Net loss: CA$1.58m (loss widened 192% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. 공시 • Nov 23
Clear Blue Technologies International Inc. to Report Q3, 2024 Results on Nov 29, 2024 Clear Blue Technologies International Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 29, 2024 공시 • Oct 29
Clear Blue Technologies Announces Board of Directors Resignation Clear Blue Technologies International Inc. hereby provided a Board of Directors update. The Company announced that Steve Parry and Jane Kearns have resigned from the Company's Board of Directors. Both Jane and Steve have been key advisors and contributors to the company since the foundation of the Company. The Company thanks them for their service and wishes them well in their future endeavours. Directors Miriam Tuerk, Mark Windrim and John Tuerk will continue to serve on the Company's Board of Directors. 공시 • Oct 01
Clear Blue Technologies International Inc. announced that it has received CAD 2.206 million in funding On September 30, 2024 Clear Blue Technologies International Inc. closed the transaction and has issued 796 unsecured convertible debentures at a price of CAD 1,000 per debenture for the gross proceeds of CAD 796,660 in its second and final tranche. The company has raised CAD 2,206,990 collectively across both tranches of the Offering. The second tranche of the Offering consisted of gross subscriptions of CAD 800,578 in principal debentures. Reported Earnings • Aug 28
Second quarter 2024 earnings released: CA$0.01 loss per share (vs CA$0.017 loss in 2Q 2023) Second quarter 2024 results: CA$0.01 loss per share (improved from CA$0.017 loss in 2Q 2023). Revenue: CA$1.01m (up 35% from 2Q 2023). Net loss: CA$1.29m (loss narrowed 38% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. 공시 • Aug 23
Clear Blue Technologies International Inc. to Report Q2, 2024 Results on Aug 27, 2024 Clear Blue Technologies International Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 27, 2024 공시 • Aug 07
Clear Blue Technologies International Inc. announced that it expects to receive CAD 2.2 million in funding Clear Blue Technologies International Inc. announced a private placement of 2,200 unsecured convertible debentures at a price of CAD 1,000 per debenture in the aggregate principal amount of up to CAD 2,200,000 for the gross proceeds of CAD 2,200,000 on August 6, 2024. Additionally, the Company has indications of interest for an incremental amount of CAD 790,000, expected to be completed in one or more additional tranches to be announced in due course. The Debentures bear interest from the applicable issuance date at 14% per annum until the date that is 36 months following the closing date. The principal amount of the Debentures will be convertible into units of the Company at the option of the holder at any time prior to the close of business on the last business day immediately preceding the Maturity Date, at a conversion price of CAD 0.10 per Unit, subject to adjustment in certain events. Each Unit is comprised of one common share of the Company and one half of one Common Share purchase warrant. Each Warrant will be exercisable to acquire one Common Share at an exercise price of CAD 0.15 per Common Share, subject to adjustment in certain event. Beginning on the date that is one year following the closing date, but subject to receipt of any required approvals, the Company may force the conversion of all of the principal amount of the then outstanding Debentures at the Conversion Price on not less than 21 days' notice should the daily volume weighted average trading price of the Common Shares be greater than CAD 0.25 for any 10 consecutive trading days on the TSXV. Certain directors and officers of the Company participated in the Offering in the aggregate amount of CAD 319,000. The closing of the Offering is subject to the satisfaction of customary conditions, including the approval of the TSXV. All securities issued under the Offering remain subject to a statutory four month hold period. Fees of CAD 5,740 and 22,400 broker warrants at a price of CAD 0.06 were paid as finders fees for this transaction.
On the same date, the company has issued 1,410 unsecured convertible debentures at a price of CAD 1,000 per debenture in the aggregate principal amount of up to CAD 1,410,000 for the gross proceeds of CAD 1,410,000 in its first tranche closing. 공시 • Jun 06
Clear Blue Technologies International Inc. Reiterates Revenue Guidance for the Year 2024 Clear Blue maintained the outlook that it provided on May 28, 2024 as per below. Overall, management is reiterating its previous guidance of 2024 revenue expected to be significantly greater than 2023 and 2022 revenue which were $5.4 Million and $2.6 Million respectively. Clear Blue’s business growth has accelerated following a challenging 2022 and 2023. This is expected to lead to increased order intake in 2024, followed by revenue growth. Reported Earnings • May 30
Full year 2023 earnings released: CA$0.033 loss per share (vs CA$0.06 loss in FY 2022) Full year 2023 results: CA$0.033 loss per share (improved from CA$0.06 loss in FY 2022). Revenue: CA$5.40m (up 105% from FY 2022). Net loss: CA$3.89m (loss narrowed 32% from FY 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. 공시 • May 09
Clear Blue Technologies International Inc., Annual General Meeting, Jun 28, 2024 Clear Blue Technologies International Inc., Annual General Meeting, Jun 28, 2024. New Risk • Feb 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.5m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-CA$4.1m). Market cap is less than US$10m (CA$8.64m market cap, or US$6.42m). Minor Risks Shareholders have been diluted in the past year (4.9% increase in shares outstanding). Revenue is less than US$5m (CA$3.5m revenue, or US$2.6m). Reported Earnings • Dec 01
Third quarter 2023 earnings released: CA$0.005 loss per share (vs CA$0.011 loss in 3Q 2022) Third quarter 2023 results: CA$0.005 loss per share (improved from CA$0.011 loss in 3Q 2022). Revenue: CA$2.27m (up 404% from 3Q 2022). Net loss: CA$540.9k (loss narrowed 38% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings. 공시 • Nov 30
Clear Blue Technologies International Inc. Provides Earnings Guidance for Fourth Quarter of 2023 Clear Blue Technologies International Inc. provided earnings guidance for the fourth quarter of 2023. For the period, the company expects revenue to be between $1.8 million to $2 million, with the low end of this range occurring in the event that some suppliers slip their scheduled shipments from fourth quarter 2023 into first quarter 2024. Gross Margin, expenses, and net income will generally be in line with previous quarters. 공시 • Nov 28
Clear Blue Technologies International Inc. to Report Q3, 2023 Results on Nov 30, 2023 Clear Blue Technologies International Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 30, 2023 Reported Earnings • Aug 31
Second quarter 2023 earnings released: CA$0.009 loss per share (vs CA$0.022 loss in 2Q 2022) Second quarter 2023 results: CA$0.009 loss per share. Revenue: CA$752.3k (down 3.8% from 2Q 2022). Net loss: CA$2.07m (loss widened 23% from 2Q 2022). 공시 • Aug 30
Clear Blue Technologies International Inc. Provides Revenue Guidance for the Third Quarter of 2023 Clear Blue Technologies International Inc. provided revenue guidance for the third quarter of 2023. For the quarter, the company expects revenue to be in the range of $1.5 million to $2.5 million. 공시 • Aug 24
Clear Blue Technologies International Inc. to Report Q2, 2023 Results on Aug 29, 2023 Clear Blue Technologies International Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 29, 2023 New Risk • Jun 21
New major risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 17% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$6.2m free cash flow). Negative equity (-CA$1.8m). Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Market cap is less than US$10m (CA$6.48m market cap, or US$4.90m). Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Revenue is less than US$5m (CA$1.7m revenue, or US$1.3m). Reported Earnings • Jun 02
First quarter 2023 earnings released: CA$0.005 loss per share (vs CA$0.015 loss in 1Q 2022) First quarter 2023 results: CA$0.005 loss per share (improved from CA$0.015 loss in 1Q 2022). Revenue: CA$262.1k (down 79% from 1Q 2022). Net loss: CA$617.4k (loss narrowed 55% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. 공시 • May 25
Clear Blue Technologies International Inc. to Report Q1, 2023 Results on May 30, 2023 Clear Blue Technologies International Inc. announced that they will report Q1, 2023 results Pre-Market on May 30, 2023 Reported Earnings • Apr 29
Full year 2022 earnings released: CA$0.042 loss per share (vs CA$0.053 loss in FY 2021) Full year 2022 results: CA$0.042 loss per share. Revenue: CA$2.64m (down 68% from FY 2021). Net loss: CA$5.75m (loss widened 69% from FY 2021). 공시 • Jan 28
Clear Blue Technologies International Inc. announced that it has received CAD 2.564087million in funding from Pegroco Invest AB (publ) and other investors On January 27, 2023, Clear Blue Technologies International Inc. closed the transaction. The company received CAD 2,564,086 total gross proceeds in the transaction. The company received CAD 1,294,420 in its second and final tranche closing. In connection with the completion of the final tranche, the company paid cash finder's fees in the amount of CAD 60,530 to certain arm's length third parties and issued 727,020 finder warrants. In connection with the second tranche, Pegroco and other Swedish investors contributed CAD 762,500. All securities issued pursuant to the transaction are subject to a hold period of four months and one day pursuant to applicable securities laws. Completion of the offering remains subject to the final approval of the TSXV. 공시 • Jan 24
Clear Blue Technologies International Inc. (TSXV:CBLU) acquired eSite Power Systems AB for CAD 0.21 million. Clear Blue Technologies International Inc. (TSXV:CBLU) signed a definitive agreement to acquire eSite Power Systems AB for CAD 0.21 million on December 21, 2022. Clear Blue Technologies will issue 3 million shares to shareholders of eSite poer systems. The transaction is subject to TSXV approval.Clear Blue Technologies International Inc. (TSXV:CBLU) completed the acquisition of eSite Power Systems AB on January 23, 2023. 공시 • Dec 22
Clear Blue Technologies International Inc. announced that it expects to receive CAD 2.499999 million in funding Clear Blue Technologies International Inc. announced a non-brokered private placement of 35,714,285 units at an issue price of CAD 0.07 per unit for gross proceeds of approximately CAD 2,500,000 on December 21, 2022. Each unit comprises of one common share and one common share purchase warrant. ). Each warrant entitles the holder thereof to acquire one common share at a price of CAD 0.12 per common share for a period of 60 months from the closing date of the offering, subject to acceleration in accordance with the terms of the certificates governing the warrants. The company has agreed to pay the finders a cash fee equal to 7% of the aggregate gross proceeds subscribed for under the offering through finders and that number of broker warrants of the company equal to 7% of the number of units purchased by investors referred by the finders, with each whole broker warrant exercisable at any time prior to 5:00 p.m. (Toronto time) on the date that is 60 months following the applicable closing date of the offering at a price of CAD 0.07 per common share, subject to accelerated expiration in accordance with the terms of the certificates governing the broker warrants. All securities issued pursuant to the offering are subject to a hold period of four months and one day pursuant to applicable securities laws. Completion of the offering remains subject to the final approval of the TSX Venture Exchange.
On the same date, the company received gross proceeds of CAD 1,261,668 as its first tranche. The transaction included participation from certain members of the company's management and board of directors investing CAD 587,000. The company plans to close a second tranche for gross proceeds of up to CAD 1,238,332, with certain eSite key investors contributing up to CAD 762,500. Reported Earnings • Nov 29
Third quarter 2022 earnings released: CA$0.009 loss per share (vs CA$0.009 loss in 3Q 2021) Third quarter 2022 results: CA$0.009 loss per share (in line with 3Q 2021). Revenue: CA$451.4k (down 80% from 3Q 2021). Net loss: CA$868.3k (loss widened 46% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. 공시 • Nov 23
Clear Blue Technologies International Inc. to Report Q3, 2022 Results on Nov 29, 2022 Clear Blue Technologies International Inc. announced that they will report Q3, 2022 results Pre-Market on Nov 29, 2022 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Jane Kearns was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Oct 14
Clear Blue Technologies International Inc. announced a financing transaction Clear Blue Technologies International Inc. announced a private placement of 12% unsecured convertible debentures on October 13, 2022. The company has amended the terms. The maturity date has been extended from November 1, 2022 to November 1, 2024. Interest rate will be now 12% per annum and exercise price of the common share purchase warrants forming part of the units issuable on conversion of the Debentures from CAD 0.35 per common share to CAD 0.32 per common share; provided, however, that this amendment will not apply to debentures held by insiders of the company. The proposed amendments are subject to all required third party approvals including, without limitation, the approval of the TSX Venture Exchange. 공시 • Sep 28
Clear Blue Technologies International Inc. Receives $5 Million Grant Funding from Sustainable Development Technology Canada Clear Blue Technologies International Inc. announced a $5 million grant from Sustainable Development Technology Canada. Clear Blue Technologies is part of a cohort of six innovative Canadian companies who were selected to receive a cumulative $18.7 million in funding, following a process that began at the beginning of 2022. SDTC will release these funds to Clear Blue in equal installments over the next 3 years. This funding will allow Clear Blue to launch its recently announced Pico-Grid product line and accelerate the Company's market leadership in smart analytics via the use of machine learning and artificial intelligence technologies. Pico-Grid, which was announced earlier in 2022, is expected to begin shipping in early 2023. Pico-Grid is a complete, smart off-grid power system that includes solar, batteries and smart controls that are fully managed remotely from Clear Blue's operations centre. Integral to all Clear Blue products is enhancing power reliability by matching anticipated future energy generation to on-site loads. This is done through Clear Blue's advanced data analytics and patentedenergy forecasting, which are provided to all customers as part of Clear Blue's EaaS services. Its remote management and control technology allows Clear Blue to provide smaller, more cost-effective power systems while still meeting operators' availability targets. In a recent collaboration with Meta, a study found that Smart Off-Grid lowers the upfront cost of telecom site power by 40%. This grant provided by the STDC will help Clear Blue accelerate its AI Machine Learning roadmap for this technology, which will help the Company to scale with continued market leadership. 공시 • Sep 15
Clear Blue Technologies International Inc. Announces the Positive Results of A Study Evaluating the Company's Smart Off-Grid Power Technology as A Cost-Saving and Reliable Power Solution for Telecom Tower Operators Clear Blue Technologies International Inc. announced the positive results of a study evaluating the Company's Smart Off-Grid power technology as a cost-saving and reliable power solution for telecom tower operators. The collaborative study with Meta Research and Mayu Telecomunicaciones ("Mayutel") examined the effectiveness of Smart Off-Grid. The results concluded that telecom sites powered by Clear Blue's Smart Off-Grid power can deliver higher service levels at a 40% lower capital cost versus non-smart, solar off-grid power systems. This can result in an overall 10% reduction in the total telecom tower site costs. Field Trial for Mobile Internet Connectivity · Project SEISMIC (Smart Energy Infrastructure for Mobile Internet Connectivity) set out to evaluate Smart Off-Grid as a cost-effective and reliable power solution to make rural telecom viable and scalable. · Project SEISMIC provided a direct comparison between the performance of two solar-powered telecom sites: one with Smart Off-Grid Power and the other without. These sites were in similar rural regions of Peru, with similar service usage, power requirements, and weather. · Mayutel built and operated the telecom test sites, and Clear Blue provided its patented Smart Off-Grid power technology integrated with Clear Blue's Illumience cloud management service. The study established that, through active smart power management, the Smart Off-Grid power system provides a 40% reduction in power system Capex costs which results in an overall 10% reduction in telecom site Capex while, at the same time, exceeding service availability targets. Reported Earnings • Aug 25
Second quarter 2022 earnings released: CA$0.019 loss per share (vs CA$0.015 loss in 2Q 2021) Second quarter 2022 results: CA$0.019 loss per share (down from CA$0.015 loss in 2Q 2021). Revenue: CA$782.1k (down 3.5% from 2Q 2021). Net loss: CA$1.69m (loss widened 72% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. 공시 • Aug 19
Clear Blue Technologies International Inc. to Report Q2, 2022 Results on Aug 25, 2022 Clear Blue Technologies International Inc. announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Aug 25, 2022 Reported Earnings • Jun 01
First quarter 2022 earnings released: CA$0.015 loss per share (vs CA$0.005 loss in 1Q 2021) First quarter 2022 results: CA$0.015 loss per share (down from CA$0.005 loss in 1Q 2021). Revenue: CA$1.23m (down 65% from 1Q 2021). Net loss: CA$1.37m (loss widened 217% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. 공시 • May 24
Clear Blue Technologies International Inc. to Report Q1, 2022 Results on May 30, 2022 Clear Blue Technologies International Inc. announced that they will report Q1, 2022 results After-Market on May 30, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Jane Kearns was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 16
Clear Blue Technologies International Inc., Annual General Meeting, Jun 22, 2022 Clear Blue Technologies International Inc., Annual General Meeting, Jun 22, 2022. Reported Earnings • Mar 30
Full year 2021 earnings released: CA$0.053 loss per share (vs CA$0.08 loss in FY 2020) Full year 2021 results: CA$0.053 loss per share (up from CA$0.08 loss in FY 2020). Revenue: CA$8.15m (up 102% from FY 2020). Net loss: CA$3.41m (loss narrowed 11% from FY 2020). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. 공시 • Mar 30
Clear Blue Technologies International Inc. Provides Earnings Guidance for the Year 2022 Clear Blue Technologies International Inc. provided earnings guidance for the year 2022. For the period, the company's revenues will be a minimum of $10 million. 공시 • Feb 17
Clear Blue Technologies Launches New Illumient Smart Off-Grid Lighting Solutions to Meet Growing Customer Demand Clear Blue Technologies International Inc. announced the launch of two new Illumient solutions to meet the growing market for cost-effective, off-grid, intelligent lighting. The Illumient STRADA Series and the Illumient CAMMI Series are available from Feb. 16, 2022, and two more solutions are planned for customer launch in 2022. These four remotely managed, smart off-grid lighting solutions address the needs of different applications, customer requirements and price points. As a result, these solutions expand the addressable market for Illumient and Clear Blue's remotely managed, Energy-as-a-Service offering. Solar streetlights have multiple, proven advantages, including cost-effectiveness, lower maintenance costs, reduced risk of accidents, non-pollutive electricity, and energy cost . Clear Blue has sold its renewable, remotely controlled lighting solutions to governments, municipalities, schools, and corporations across international markets for many years. As of Third Quarter 2021, the lighting segment accounted for approximately 12.7% of Clear Blue's total Trailing Twelve Months revenue and contributes a significant proportion to the ongoing EaaS recurring revenue. Based upon feedback, clients value solar streetlight investments due to both short and long-term savings often worth several thousands of dollars as well as carbon footprint reductions. In the United States, solar energy street lighting installations can help reduce operating costs of municipal corporations by almost 12%. Illumient systems are differentiated in the market by Clear Blue's Energy-as-a-Service. With EaaS, issues can be anticipated, detected and diagnosed over the Internet, resulting in 70% lower maintenance costs, and a longer life than traditional solutions. Clear Blue's expert team, along with its patented, propriety software, manages battery charging cycles, state of charge, and other aspects that are key to leveraging the performance of the batteries, while also using energy and weather forecasting to deliver maximum uptime and the highest level of reliability and peace of mind for customers. Reported Earnings • Nov 19
Third quarter 2021 earnings released: CA$0.009 loss per share (vs CA$0.016 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CA$2.25m (up 139% from 3Q 2020). Net loss: CA$596.4k (loss narrowed 23% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 27
Second quarter 2021 earnings released: CA$0.015 loss per share (vs CA$0.012 loss in 2Q 2020) The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: CA$810.4k (up 138% from 2Q 2020). Net loss: CA$980.8k (loss widened 75% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • May 31
First quarter 2021 earnings released: CA$0.005 loss per share (vs CA$0.024 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CA$3.46m (up CA$3.22m from 1Q 2020). Net loss: CA$432.6k (loss narrowed 61% from 1Q 2020). Reported Earnings • Mar 20
Full year 2020 earnings released: CA$0.08 loss per share (vs CA$0.12 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CA$4.02m (up 1.3% from FY 2019). Net loss: CA$3.82m (loss narrowed 25% from FY 2019). 공시 • Mar 17
Clear Blue Technologies International Inc. Provides Earnings Guidance for First Quarter of 2021 Clear Blue Technologies International Inc. provided earnings guidance for first quarter of 2021. For the period the company forecasted to generate $3 million in revenue compared to total revenue of $238,298 in first quarter of 2020, an 1100% increase in First Quarter YoY. 공시 • Mar 11
Clear Blue Technologies International Inc. to Report Q4, 2020 Results on Mar 16, 2021 Clear Blue Technologies International Inc. announced that they will report Q4, 2020 results Pre-Market on Mar 16, 2021 공시 • Mar 04
Clear Blue Technologies’ Illumient Lights Up Railway Safety Switches Clear Blue Technologies International Inc. announced the completion of a project that provided Illumient solar lights to illuminate safety switches in a Conrail operated switchyard in Greenwich County, New Jersey. This project shows Clear Blue’s reliable smart off-grid lighting is the valued choice for mission critical devices and safety infrastructure in a variety of industries, where reliability and off-grid power are key requirements. Clear Blue is seeing an uptake of solar off-grid lighting in a variety of industries that are looking to increase safety, resilience and security. In the case of railway switching, a failure in lighting could have dire consequences resulting in accidents causing death or environmental damage. For this reason, mission critical infrastructures, including that in the railway industry, have higher uptime availability and performance requirements. Clear Blue's Smart Off-Grid technology ensures the delivery of reliable lighting services and proactive identification and advanced management of failures or maintenance issues to avoid service interruption. With the Illumience remote monitoring and management service platform, customers can remotely know when the system is working and how well it is performing. The technology provides advanced notice of when a failure could occur so preventative action can be taken. 공시 • Feb 05
Clear Blue, in Partnership with Rukun Al Yaqeen International, Completes Third Illumient Project Totaling $1.5M Usd for A Residential Development and Two Regional Airports for Petroleum Development Oman Clear Blue Technologies International Inc. partnered with Rukun Al Yaqeen International, located in Oman, to provide Illumient Smart Off-Grid Solar Lighting for two regional airports in Oman, belonging to Petroleum Development Oman (PDO) and one new housing development between 2018-2020. These projects involved a total of almost 900 Illumient Smart Off-Grid Lighting systems with Illumience Energy-as-a-Service remote monitoring, control and management. With all three projects, Clear Blue has supplied over $1.5 million USD, with gross margins in line with what the Company has historically reported, in Illumient Smart Off-Grid Solar Lighting to the PDO for cost-efficient, reliable and expertly managed lighting for the safety and security of its airports and residential developments. When it comes to developing airports, it is critical that they are both lit well for safety and security, but also that they are developed with costs in mind. For more remote and spread-out areas, solar lighting makes the most sense to meet these requirements. When it comes to ensuring reliability, control and remote management of these devices, while getting the longest life and brightest light possible, Smart Off-Grid solutions are critical. The first of the projects for PDO was at the Fahud Airport, which services the town and petroleum facility of Fahud in Oman. The airport is in the desert, 3 kilometres northwest of the town. Although electrical infrastructure exists, it was more cost-effective to install solar lighting for the lighting of the exterior perimeter than to extend costly infrastructure to these borders. The reliability of Illumient Smart Off-Grid lighting and Clear Blue’s Energy-as-a-Service ensured that lights could be monitored and controlled remotely for added reliability and peace of mind. This project was completed in 2018 and involved 228 Illumient Smart Off-Grid Solar Lights. Continuing on the success of the Fahud installations, the next project was at the Marmul & Qarn Alm Airport for a similar installation. Marmul is an airport serving the Petroleum Development Oman operations at the Marmul heavy oil field in Oman. Again, the need for strong reliability, remote monitoring and off-grid power were critical factors in deciding on Clear Blue as the chosen technology supplier. The most recent project focused on the use of Illumient Smart Off-Grid solar street lights to illuminate a new residential housing development in Oman. As part of this development Clear Blue supplied Illumient for a cost-effective solution that was easy to install and maintain. The solution fit in well with the aesthetic of the development, adding reliable lighting with a modern, sophisticated look. The projects were quite successful and there are plans to complete more in the country in the coming years. The success of Illumient has shown the value of Smart Off-Grid lighting as a pivotal solution for reducing costs and maintenance. Together with Rakun Al Yaqeen, Clear Blue’s Illumient solar lights are proving that using Smart Off-Grid lighting is the best choice for reducing total cost of ownership (TCO), while ensuring the highest reliability for situations where reliable lighting is critical for safety and security. Whether it is for perimeter security or blending in with a beautiful new housing development, Illumient is providing Smart Off-Grid solar lighting to meet a variety of lighting needs in Oman. Whether updates to existing sites or development of new sites, Illumient Smart off-Grid lighting has proven its value and reliability through these projects. With a strong and capable partner in RAY International, Clear Blue’s Illumient is poised for further success in Oman. When looking for long-lasting, remotely controlled, easily manageable and cost-effective solutions for lighting its airports and residential development, PDO’s choice was clearly solar and Clear Blue’s Illumient Smart Off-Grid solar lighting. Is New 90 Day High Low • Jan 20
New 90-day high: CA$0.74 The company is up 335% from its price of CA$0.17 on 21 October 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 20% over the same period. 공시 • Dec 23
Clear Blue Technologies International Inc. Announces Executive Changes Clear Blue Technologies International Inc. announced the appointment of Farrukh Anwar as its Chief Financial Officer (CFO). Mr. Anwar will be replacing Paul Kania, who has served as the interim Chief Financial Officer since June of 2019. In this role, Mr. Anwar will be responsible for overseeing all financial aspects of the company, while assisting the board of directors on strategic and tactical matters relating to global operations, project-based financing, future M&A activities, and growth financing. Mr. Anwar has over 20 years of experience across a broad spectrum of financial reporting, audits, and corporate finance, with direct experience in scaling operations and creating shareholder value to companies listed on the NASDAQ and TSX. Is New 90 Day High Low • Dec 04
New 90-day high: CA$0.48 The company is up 200% from its price of CA$0.16 on 04 September 2020. The Canadian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 29% over the same period. 공시 • Nov 28
Clear Blue Technologies International Inc. Delivers over 80 Illumient Smart Off-Grid Power Systems to Help Light Two-Mile Stretch of Major Highway in the City of Allentown, Pennsylvania Clear Blue Technologies International Inc. announced that it has delivered over 80 Illumient Smart Off-Grid power systems to help light a two-mile stretch of a major highway in the City of Allentown, Pennsylvania. The project is being undertaken in partnership with Clear Blue’s long-term regional partner, Metro-Tech Sales & Consulting Inc. (“Metro-Tech”), offering a total contract value of $650,000 to Clear Blue, including $95,000 in annual revenue for the next three years from Energy-as-a-Service (EaaS), for a total of $285,000 in recurring revenues, with gross margins in line with what the Company has historically reported. After an initial pilot phase in 2019, with an order for four Illumient systems to demonstrate their value and reliability, the City awarded a three-year contract to Metro-Tech and Clear Blue for over 80 Illumient Smart Off-Grid Solar Street lighting systems and its EaaS. All systems shipped in 2020, and installations are expected to begin over the next few months along the American Parkway in Allentown. Clear Blue’s Illumient Smart Off-Grid solar streetlights eliminate the need for trenching and grid connectivity, significantly reducing the cost and disruptions caused by large roadway construction projects. Illumient has been used for hundreds of small and large projects, from city streets to private parking lots and major highways, showcasing the versatility of applications for this technology. The Illumient system comes with Clear Blue’s EaaS subscription. Using its patented Illumience cloud management, control and maintenance platform, Clear Blue will deliver ongoing power management and control to the City of Allentown on an annual basis for the next three years. This system provides remote troubleshooting, remediation and predictive weather forecasting for maximum uptime and longest system life – all at a low cost. This recent project for the City of Allentown follows on from more than five major projects with Metro-Tech in 2020, showing the demand for these Smart Off-Grid lighting solutions even in the midst of the Covid-19 pandemic. Reported Earnings • Nov 20
Third quarter 2020 earnings released: CA$0.016 loss per share The company reported a mediocre third quarter result with increased losses and weaker control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: CA$940.8k (up 40% from 3Q 2019). Net loss: CA$770.3k (loss widened CA$763.7k from 3Q 2019). 공시 • Nov 18
Clear Blue Technologies International Inc. Wins $5 Million Deal with Major Telecom Operator Clear Blue Technologies International Inc. announced that a major innovative telecom infrastructure operator selected Clear Blue to power 400 telecommunications sites in rural Africa. The initial order of Smart Off-Grid Power Systems is worth approximately $5 million CAD in revenue to Clear Blue during Fourth Quarter 2020 and First Quarter 2021, with gross margins in line with what the Company has historically reported. Clear Blue currently expects that 30% of this revenue will be realized in Fourth Quarter 2020, and the remainder in first quarter of 2021. Under the 3-year service agreement, Clear Blue will also provide on-going management through Illumience, its cloud-based management and control service, which will result in additional monthly revenues on an ongoing basis. Clear Blue has been building its inventory in anticipation of this order and already has 1,000 Smart Off-Grid devices manufactured and ready for shipment in fourth quarter. Furthermore, Clear Blue anticipates that the roll-out of these rural telecom sites will expand to 2,000 sites or more in Africa. Follow-on orders to provide Smart Off-Grid Power for these sites could bring significant revenues for Clear Blue over the next two years. Clear Blue has a successful history of collaborating with this telecom infrastructure operator, starting with an initial pilot shipment in 2019 followed by joint work to develop a comprehensive business plan and technology-focused approach to meet the demanding financial and technological needs of the rural African market. Clear Blue’s Smart Off-Grid and Illumience technology helps to ensure the high performing low-cost systems required to support the initial low revenue per user (RPU) that telecom partners and end-users need in these markets. This technology also ensures more reliable connectivity through remotely managed power and energy forecasting. This latest agreement is the largest single project between Clear Blue and this major telecom operator to date and represents a large-scale roll out of telecommunications infrastructure designed to support rural communities in Africa. Clear Blue will leverage its experience in serving these emerging markets through its technical expertise and proven history to ensure its success and secure the greater potential future value. Is New 90 Day High Low • Nov 18
New 90-day high: CA$0.24 The company is up 53% from its price of CA$0.16 on 20 August 2020. The Canadian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 25% over the same period. 공시 • Nov 12
Clear Blue Technologies International Inc. to Report Q3, 2020 Results on Nov 18, 2020 Clear Blue Technologies International Inc. announced that they will report Q3, 2020 results at 9:00 AM, Eastern Standard Time on Nov 18, 2020 공시 • Nov 10
Clear Blue Technologies International Inc. Completes Four Additional Phases to Bring the Total to 7 Phases of Regional Installations of Its Illumient Cleantech Smart Off-Grid Lighting At Rural Intersections in North Dakota for the Department of Transport Clear Blue Technologies International Inc. announced that it has completed four additional phases to bring the total to 7 phases of regional installations of its Illumient cleantech Smart Off-Grid lighting at rural intersections in North Dakota for the Department of Transport (DOT). As part of an initiative to reduce traffic accidents in the state, Clear Blue expects to have all lighting systems up and running by the end of 2020, illuminating over 100 rural intersections. In 2018, North Dakota’s DOT issued the Vision Zero Plan, focused on reducing motor vehicle crash fatalities on state and local roadways by 2025. A vital component in reducing traffic accidents was bringing lighting solutions to rural intersections across the state, however, these rural intersections were too far from some districts' electrical grid infrastructure. In implementing its Vision Zero Plan, North Dakota DOT instituted policies to govern how districts can light areas that fall within the criteria, requiring a reliable, cost-effective and innovative off-grid solution. The State and its counties also needed a comprehensive supplier that could handle a large-scale roll-out of technology implementation. Clear Blue Technologies’ Smart Off-Grid Illumient lighting solution was employed to provide the Smart Off-Grid solar power for these rural lights. Its cloud management system ensured the brightest light and remote power monitoring and management, so the townships and districts could monitor and manage the power effectively through Clear Blue’s Illumience digital platform. The Illumient lighting systems were installed on existing wooden poles, and included Clear Blue’s Smart Off-Grid Power Pack, which consists of a solar panel, smart controller and battery with built-in wireless communications. The total sale value for this multi-phase project was approximately $650,000 CAD and it generates approximately $100,000 per year of recurring revenue as part of Clear Blue’s Energy as a Service offering. 