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Clear Blue Technologies International Inc V.CBLU

Alternate Symbol(s):  CBUTF

Clear Blue Technologies International Inc. is a Canada-based smart off-grid company. The Company is engaged in the business of developing and selling Smart Off-Grid power solutions and management services to power, control, monitor, manage, and proactively service solar and hybrid-powered systems, such as streetlights, security systems, telecommunications systems, emergency power, and Internet of things (IoT) devices. Its Smart Power system includes a solar or solar-hybrid controller, a built-in communications network, and Illumience. Illumience is the Company’s Smart Power cloud application and management service, delivering remote control, management, and proactive servicing of off-grid systems. Its patented technology, delivered through the Energy-as-a-Service model, allows systems to be installed anywhere and managed over the Internet to deliver connectivity to remote and rural areas. Its Smart Off-Grid power systems are in 37 countries around the world.


TSXV:CBLU - Post by User

Post by Stockydocon Apr 01, 2022 1:52pm
138 Views
Post# 34567999

Financials looking great!

Financials looking great!I'm really impressed with $CBLU's financial results for F2021.

Most of you have probably seen the results, but if not here's some highlights:

- 103% increase in revenue to $8.15M in 2021 compared to 2020.
- $2.25M gross profit 78% increase.
- EBITDA for 2021 was $(2.56M) compared to $(3.59M) in 2020.
- Telecom Vertical revenues up 182% to $6.88M in 2021 compared to $2.44M in 2020.

Management also expects revenue for 2022 to exceed 2021 revenue. Looking forward to seeing what $CBLU has in store for us this year.

https://ca.finance.yahoo.com/news/clear-blue-technologies-announces-record-111100561.html
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