Bullboard - Stock Discussion Forum 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... see more

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TSXV:CBLU - Post Discussion

Clear Blue Technologies International Inc > 2021 Financial Results

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Post by SkywalkerofLuke on Apr 04, 2022 1:05pm

2021 Financial Results

If you missed it, $CBLU $CBLU.v announced their 2021 financial results.

Highlights

- 2021 revenue was a record $8.1M (103% increase over 2020)

- Gross profit was $2.2M (78% increase from the previous comparative period)

- Telecom Vertical revenues grew by 182% to $6.8M

- + more

$CBLU is expecting that 2022 revenues will be a minimum of $10M and is actively working with partnered companies for larger follow-on orders. Excited to see what they can get done this year.

https://www.clearbluetechnologies.com/news/clear-blue-technologies-announces-record-revenue-in-f2021-and-guides-for-strong-growth-in-f2022

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