Q1 Revenue of $3,459,007, Gross Margin of 22%, Adjusted EBITDA of $(416,969)TORONTO, May 27, 2021 (GLOBE NEWSWIRE) Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRA: 0YA) (OTCQB: CBUTF), the Smart Off-Grid™ Company, today announces its financial results for the quarter ended March 31, 2021, with the following highlights: Key Financial Results (all figures in Canadian dollars) On a Trailing Four Quarter basis: TFQ Revenue was $7,244,647, an 87% increase over the previous TFQ period;Gross profit for TFQ was $1,941,028 or 27%, a 125% increase from the previous period ($862,030 or 22%);Operating expenses for the TFQ ended March 31, 2021, were $4,389,751, a decrease of $1,026,854 or 19% compared to the same period in 2020;Non-IFRS Adjusted EBITDA for the TFQ was $(3,103,830) compared to $(3,673,380) for the previous TFQ. This 16% improvement resulted from higher revenue with improved margins of 27% compared to 22% for the comparative TFQ of 2
Clear Blue Technologies Delivers Green Energy for Hy-Vee 2021 New Store rollouts marks 6th year of green energy projects Clear Blue Technologies International Inc. North York, Ontario, CANADA
TORONTO, April 09, 2021 (GLOBE NEWSWIRE) Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU, FRANKFURT: 0YA), the Smart Off-Grid™ company, today announces 3 new store projects with the US-based supermarket chain Hy-Vee. After 6 years, this will bring the total store count to 16 across Minnesota, Iowa and Missouri that have implemented Illumient Smart Off-Grid Lighting from Clear Blue. The most recent orders were for over $80,000 CAD and includes approximately $15,000 in a three-year, Energy-as-a-Service recurring revenue contract.
Clear Blue Technologies Delivers Green Energy for Hy-Vee 2021 New Store rollouts marks 6th year of green energy projects Clear Blue Technologies International Inc. North York, Ontario, CANADA
TORONTO, April 09, 2021 (GLOBE NEWSWIRE) Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU, FRANKFURT: 0YA), the Smart Off-Grid™ company, today announces 3 new store projects with the US-based supermarket chain Hy-Vee. After 6 years, this will bring the total store count to 16 across Minnesota, Iowa and Missouri that have implemented Illumient Smart Off-Grid Lighting from Clear Blue. The most recent orders were for over $80,000 CAD and includes approximately $15,000 in a three-year, Energy-as-a-Service recurring revenue contract.
The 2021 TSX Venture 50 is a ranking of top performers on the TSX Venture Exchange over the last yearTORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ company, today announced that it has been named to the 2021 TSX Venture 50, a ranking of top performers on the TSX Venture Exchange over the last year. The ranking is comprised of five different industry sectors, with 10 companies from each represented. “It’s an honor to be named to the TSX Venture 50,” said Miriam Tuerk, Co-founder and CEO of Clear Blue Technologies. “We are grateful to our customers, employees and investors for believing that our unique and innovative off-grid technology will be the key to ushering in a new age of clean and reliable power.” Clear Blue was ranked as one of the top 10 performing companies in the Clean Technology and Life Sciences sector, with a share
Article content
One of the largest petroleum companies in the world and residential developers in Oman choose Clear Blue’s Illumient Smart Off-Grid Solar Street lights to provide reliable lighting for safety & security.
TORONTO, Feb. 04, 2021 (GLOBE NEWSWIRE) Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: OYA), partnered with Rukun Al Yaqeen International, located in Oman, to provide Illumient Smart Off-Grid Solar Lighting for two regional airports in Oman, belonging to Petroleum Development Oman (PDO) and one new housing development between 2018-2020. These projects involved a total of almost 900 Illumient Smart Off-Grid Lighting systems with Illumience Energy-as-a-Service remote monitoring, control and management. With all three projects, Clear Blue has supplied over $1.5 million USD, with gross margins in line with what the Company has historically reported, in Illumient Smart Off-Grid Solar Lighting to the PDO for cost-efficient, reliable and expertly