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

Clear Blue Technologies International Inc

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Post by SkywalkerofLukeon Jun 02, 2022 4:27pm

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Q1 Financials

$CBLU.v $CBUTF in the green up 7.1% today after recently releasing their Q1 financials.

Some key highlights

- Rev. = $1,225,106 (second highest Q1 ever and based on historical trends management believes Q1 2022 rev. is in line to achieve fiscal 2022 revenue guidance of around $10M)

- Bookings were $2,015,147 (up 31% from from Dec 31st)

- Gross profit was $507,500

As well, during Q1 $CBLU announced new partner and customer deals with YahClick, GCES, and Viasat, + they launched 2 new products. With a rev. guidance of $10M $CBLU is looking like it could have a solid year, IMO not one to miss.

https://www.clearbluetechnologies.com/news/clear-blue-technologies-announces-q1-2022-financial-results

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