TSXV:CBLU

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Clear Blue Technologies International

Executive Summary

Clear Blue Technologies International Inc.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Clear Blue Technologies International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CBLU's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

15.2%

CBLU

6.6%

CA Electronic

4.1%

CA Market


1 Year Return

5.6%

CBLU

-1.3%

CA Electronic

-8.6%

CA Market

Return vs Industry: CBLU exceeded the Canadian Electronic industry which returned -4.4% over the past year.

Return vs Market: CBLU exceeded the Canadian Market which returned -10.1% over the past year.


Shareholder returns

CBLUIndustryMarket
7 Day15.2%6.6%4.1%
30 Day18.8%24.4%7.9%
90 Day11.8%12.3%-3.4%
1 Year5.6%5.6%-1.2%-1.3%-5.5%-8.6%
3 Yearn/a-43.1%-43.1%3.6%-6.1%
5 Yearn/a-24.2%-24.2%21.4%3.5%

Price Volatility Vs. Market

How volatile is Clear Blue Technologies International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Clear Blue Technologies International undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Clear Blue Technologies International is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Clear Blue Technologies International has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of CBLU’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Clear Blue Technologies International regulatory filings.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

How is Clear Blue Technologies International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

101.3%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Clear Blue Technologies International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of CBLU’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Clear Blue Technologies International competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Tech industry.

Past Performance

How has Clear Blue Technologies International performed over the past 5 years?

-28.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBLU is currently unprofitable.

Growing Profit Margin: CBLU is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CBLU is unprofitable, and losses have increased over the past 5 years at a rate of -28.2% per year.

Accelerating Growth: Unable to compare CBLU's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CBLU is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-9.5%).


Return on Equity

High ROE: CBLU's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Clear Blue Technologies International's financial position?


Financial Position Analysis

Short Term Liabilities: CBLU has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CBLU has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CBLU has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CBLU's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CBLU has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: CBLU is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Clear Blue Technologies International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CBLU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CBLU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CBLU's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CBLU's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CBLU's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.8yrs

Average management tenure


CEO

Miriam Tuerk

8.75yrs

Tenure

CA$197,218

Compensation

Ms. Miriam G. Tuerk co-founded Clear Blue Technologies International Inc. in 2011 and serves as its Chief Executive Officer since September 2011 and served as its Chief Operating Officer. Ms. Tuerk has 20  ...


CEO Compensation Analysis

Compensation vs Market: Miriam's total compensation ($USD145.86K) is about average for companies of similar size in the Canadian market ($USD165.66K).

Compensation vs Earnings: Miriam's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Miriam Tuerk
Co-Founder8.75yrsCA$197.22k0.67% CA$59.1k
John Tuerk
Co-Founder1.92yrsCA$195.87k0.62% CA$54.9k
Mark Windrim
Co-Founder1.92yrsCA$197.04k7.22% CA$634.8k
Paul Kania
Chief Financial Officer1yrno datano data
Christina Boyd
Director of Corporate Development1.67yrsno datano data
Paul Desjardins
Vice President of Sales & Business Developmentno datano datano data

8.8yrs

Average Tenure

Experienced Management: CBLU's management team is seasoned and experienced (8.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Miriam Tuerk
Co-Founder8.75yrsCA$197.22k0.67% CA$59.1k
John Tuerk
Co-Founder1.92yrsCA$195.87k0.62% CA$54.9k
Mark Windrim
Co-Founder1.92yrsCA$197.04k7.22% CA$634.8k
Robert Antoniades
no datano datano data
Steven Parry
Independent Outside Director1.92yrsno data0.36% CA$31.4k
Jane Kearns
Independent Director0.33yrno datano data

1.9yrs

Average Tenure

Experienced Board: CBLU's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Clear Blue Technologies International Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Clear Blue Technologies International Inc.
  • Ticker: CBLU
  • Exchange: TSXV
  • Founded:
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: CA$8.788m
  • Shares outstanding: 46.26m
  • Website: https://www.clearbluetechnologies.com

Number of Employees


Location

  • Clear Blue Technologies International Inc.
  • 30 Lesmill Road
  • Unit 7
  • Toronto
  • Ontario
  • M3B 2T6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBLUTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 2018
0YADB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2018

Biography

Clear Blue Technologies International Inc. develops and sells off-grid power solutions to the power, control, monitor, manage, and service solar and hybrid power systems in Canada, the United States, the Middle East, Africa, and internationally. The company’s products are used in street lights, security systems, telecommunications systems, emergency power, and Internet of Things (IoT) devices. It offers solar and wind controllers, telecom solar power systems, illumience cloud controls, Nano-grid power packs, and IoT devices; and solar and wind-powered outdoor lighting systems under the Illumient brand name. The company also provides remote power management services. Clear Blue Technologies International Inc. is headquartered in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 05:59
End of Day Share Price2020/06/04 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.