$CBLU expecting a strong year Smart renewable energy company Clear Blue Technologies $CBLU/ $CBLU.V is approaching a possible point of inflection as share prices continue to see consolidation.
The company is expecting a strong year. This quarter, $CBLU is expecting a large order which could potentially double its bookings from Q3 levels of $2,884,686.
Management expects gross margins for the next few quarters to be between 30% - 35%, less than Q3 2021’s gross margins of 39%. This is attributed to global supply chain constraints, leading to higher raw materials and shipping costs, even as the Company has been proactively managing its supply chain.
In the medium to long-term, however, management expects gross margins to be higher in the 33% - 38% range.
Shares of $CBLU are currently trading at $.245 and the company is valued at an MCAP of $16.4 million.
https://ceo.ca/@nasdaq/clear-blue-technologies-reports-139-year-over-year