Clear Blue Technologies Announces Q2 2025 Financial Results
Clear Blue Technologies (TSXV: CBLU) reported its Q2 2025 financial results, showing significant improvements in key metrics. Revenue reached $1.13 million, up 12% year-over-year, with a notable 44% gross margin of $493,824. The company achieved a 69% improvement in Adjusted EBITDA to ($225,434).
For the first half of 2025, revenue increased 20% to $2.19 million, while bookings stood at $4.24 million. The company's "Clear Blue 2.0" strategy focuses on three key markets: Africa's telecom transition from diesel, satellite internet expansion, and smart solar lighting solutions. The initiative emphasizes improved unit economics, profitability, and scalable revenue growth.
Clear Blue Technologies (TSXV: CBLU) ha pubblicato i risultati finanziari del secondo trimestre 2025, evidenziando progressi significativi nei principali indicatori. I ricavi sono saliti a $1,13 milioni, in aumento del 12% su base annua, con un margine lordo notevole del 44% pari a $493.824. L'azienda ha registrato un miglioramento del 69% dell'EBITDA rettificato, attestandosi a ($225.434).
Nel primo semestre 2025 i ricavi sono cresciuti del 20% raggiungendo $2,19 milioni, mentre gli ordini (bookings) hanno raggiunto $4,24 milioni. La strategia "Clear Blue 2.0" punta su tre mercati chiave: la transizione dei telecom in Africa dal diesel, l'espansione dell'internet satellitare e soluzioni di illuminazione solare intelligente. L'iniziativa mira a migliorare l'economia unitaria, la redditività e una crescita dei ricavi scalabile.
Clear Blue Technologies (TSXV: CBLU) publicó sus resultados financieros del 2T 2025, mostrando mejoras significativas en métricas clave. Los ingresos alcanzaron $1,13 millones, un aumento del 12% interanual, con un margen bruto notable del 44% ($493,824). La compañía logró una mejora del 69% en el EBITDA ajustado, hasta ($225,434).
En la primera mitad de 2025 los ingresos aumentaron un 20% hasta $2,19 millones, mientras que las reservas (bookings) se situaron en $4,24 millones. La estrategia "Clear Blue 2.0" se centra en tres mercados clave: la transición de las telecomunicaciones en África desde el diésel, la expansión del internet satelital y soluciones de iluminación solar inteligente. La iniciativa enfatiza la mejora de la economía por unidad, la rentabilidad y un crecimiento de ingresos escalable.
Clear Blue Technologies (TSXV: CBLU)는 2025년 2분기 실적을 발표하며 주요 지표에서 큰 개선을 보였습니다. 매출은 $1.13백만으로 전년 동기 대비 12% 증가했고, 44%의 총마진으로 $493,824를 기록했습니다. 회사는 조정 EBITDA가 69% 개선되어 ($225,434)를 기록했습니다.
2025년 상반기 매출은
Clear Blue Technologies (TSXV: CBLU) a publié ses résultats du 2e trimestre 2025, montrant des améliorations significatives des indicateurs clés. Le chiffre d'affaires a atteint 1,13 M$, en hausse de 12% sur un an, avec une marge brute notable de 44% soit 493 824 $. La société a réalisé une amélioration de 69% de l'EBITDA ajusté, à (225 434 $).
Sur le premier semestre 2025, le chiffre d'affaires a augmenté de 20% pour atteindre 2,19 M$, tandis que les bookings s'élevaient à 4,24 M$. La stratégie "Clear Blue 2.0" vise trois marchés clés : la transition des télécoms africaines hors diesel, l'expansion d'internet par satellite et des solutions d'éclairage solaire intelligent. L'initiative met l'accent sur l'amélioration de l'économie par unité, la rentabilité et une croissance des revenus scalable.
Clear Blue Technologies (TSXV: CBLU) berichtete über seine Finanzergebnisse für Q2 2025 und verzeichnete deutliche Verbesserungen wichtiger Kennzahlen. Der Umsatz stieg auf $1,13 Mio., ein Plus von 12% gegenüber dem Vorjahr, bei einer bemerkenswerten Bruttomarge von 44% in Höhe von $493.824. Das Unternehmen erzielte eine 69%ige Verbesserung des bereinigten EBITDA und wies ($225.434) aus.
Für das erste Halbjahr 2025 stieg der Umsatz um 20% auf $2,19 Mio., während die Bookings bei $4,24 Mio. lagen. Die "Clear Blue 2.0"-Strategie fokussiert drei Kernmärkte: den Wechsel afrikanischer Telekommunikationsnetze weg von Diesel, den Ausbau des Satelliteninternets und intelligente Solarlichtlösungen. Ziel der Initiative ist die Verbesserung der Unit Economics, der Profitabilität und ein skalierbares Umsatzwachstum.
- Revenue increased 12% YoY to $1.13 million in Q2 2025
- Gross margin significantly improved to 44% from 24% YoY
- Adjusted EBITDA improved 69% YoY
- Strong bookings of $4.24 million with $3.53 million expected in next 12 months
- Operating expenses reduced while maintaining revenue growth
- Bookings decreased 16% from December 2024
- Recurring revenue growth limited to 6% YoY in Q2
- Still operating at negative Adjusted EBITDA of ($225,434)
- Cash position relatively low at $526,823
Q2 Revenue of
Toronto, Ontario--(Newsfile Corp. - August 27, 2025) - Clear Blue Technologies International Inc. (TSXV: CBLU) (OTC Pink: CBUTD) (FSE: OYA0) ("Clear Blue"), the Smart Off-Grid™ Company, announces its financial results for the second quarter of 2025 ("Q2 2025") ending June 30, 2025. A complete set of Financial Statements and Management's Discussion & Analysis ("MD&A") has been filed at www.sedarplus.ca. All dollar amounts are denominated in Canadian dollars.
For the quarter ended June 30, 2025 ("Q2 2025"):
- Q2 2025 revenue was
$1,133,996 , a12% increase from$1,014,690 in Q2 2025. The increase is mainly attributed to an increase in North American lighting sales. - Recurring revenue comprised
$179,848 of the quarter's revenue compared to$169,106 in Q2 2024, a6% increase. - Gross Profit for Q2 2025 was
$493,824 compared to$245,564 for Q2 2024, a101% increase. The Gross Margin percentage for the quarter was44% , increasing from24% from the comparative period of 2024. - Adjusted EBITDA (Non-IFRS) for the period was (
$225,434) versus ($721,262) in Q2 2024, a69% improvement from the comparative period of 2024.
For the six months ended June 30, 2025 ("YTD 2025):
- As of June 30, 2025, bookings decreased to
$4,235,599 , a decrease of16% , when compared to$5,071,105 as of December 31, 2024, with delivery anticipated over the next three years. Of this,$3,533,025 is expected to be recognized over the next 12 months. - For the six months ended June 30, 2025, revenue was
$2,185,257 , a20% increase from$1,823,243 in the corresponding previous period. - For the six months ended June 30, 2025, recurring revenue was
$434,925 a7% decrease from$469,892 in the corresponding previous period. - For the six months ended June 30, 2025, Gross Profit increased to
$1,045,425 compared to$583,903 in the comparable period, a79% increase. However, the gross margin percentage increased to48% from32% with the corresponding period of 2024. - Adjusted EBITDA (Non-IFRS) for the period was (
$611,895) as compared to ($1,433,587) for the previous period, a57% improvement from the comparative period of 2024. This is primarily the result of reduced operating expenses, improved gross margins and higher revenue. - Cash as of June 30, 2025, was
$526,823.
"This quarter we saw incremental progress in our growth while maintaining our balance sheet discipline," stated Miriam Tuerk, Co-Founder and CEO of Clear Blue. "We are now entering what is expected to be our seasonally highest revenue quarters of the fiscal year and will aim to finish strong. The new version of Clear Blue is starting to shape up as we improve our profitability, revenues, and get scale in our three market of focus."
Clear Blue 2.0 – Developing A Pathway for Sustainable Growth
Clear Blue 2.0 emphasizes execution on better unit economics, improved profitability, and more scalable revenue growth. There are three key themes to support this initiative:
Road to Zero Diesel: Empowering Africa's Telecom Transition
As telecom operators across Africa transition away from diesel, Clear Blue delivers high-performance solar power systems that ensure energy reliability and cost savings-supporting the continent's clean energy future. (Clear Blue Products: Micro & Nano)
Enabling Satellite Internet & IoT Expansion
Satellite internet is now critical infrastructure. Through our partnerships with Eutelsat and others, Clear Blue is enabling large-scale rollouts of satellite-powered community internet and IoT services across emerging markets-unlocking a significant revenue opportunities and potential scale in the coming years. (Clear Blue's Product: Pico)
Smart Solar Lighting Goes Mainstream
Clear Blue is powering the shift as smart solar lighting becomes the default for municipalities, power utilities, and Departments of Transportation (DoTs) seeking sustainable, intelligent lighting solutions. (Clear Blue Products: Illumient & Senti)
Having filled out Clear Blue's portfolio with three new products over the last two years, and successfully completed the financial restructuring, Clear Blue is building a pathway to more sustainable growth around the above key markets. The first two quarters of 2025 have showcased the improving foundation, and the Company aims to continue strengthening its profile throughout the rest of 2025 and beyond.
Clear Blue to Host Investor Webinar for Q2 2025 Results
Clear Blue will host a conference call on Thursday August 28th, at 11:00AM Eastern Time (8:00 AM Pacific Time). Those interested can register at:
Registration Link
https://us06web.zoom.us/webinar/register/WN_06KGLRU8Tf6oobFxiB1LtQ
For more information, contact:
Miriam Tuerk, Co-Founder and CEO
+1 416 433 3952
investors@clearbluetechnologies.com
About Clear Blue Technologies International
Clear Blue Technologies International, the Smart Off-Grid™ company, was founded on a vision of delivering clean, managed, "wireless power" to meet the global need for reliable, low-cost, solar and hybrid power for lighting, telecom, security, Internet of Things devices, and other mission-critical systems. Today, Clear Blue has thousands of systems under management across 37 countries, including the U.S. and Canada (TSXV: CBLU) (OTC Pink: CBUTF) (FSE: 0YA0).
Legal Disclaimer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release. Such securities have not been, and will not be, registered under the U.S. Securities Act, or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or "U.S. Persons", as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.
Forward-Looking Statement
This press release contains certain "forward-looking information" and/or "forward-looking statements" within the meaning of applicable securities laws. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Clear Blue's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Clear Blue's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information contained herein may include, but is not limited to, information concerning financial results and future upcoming contracts.
By identifying such information and statements in this manner, Clear Blue is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Clear Blue to be materially different from those expressed or implied by such information and statements.
An investment in securities of Clear Blue is speculative and subject to several risks including, without limitation, the risks discussed under the heading "Risk Factors" in Clear Blue's most recently filed MD&A on SEDAR+. Although Clear Blue has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
In connection with the forward-looking information and forward-looking statements contained in this press release, Clear Blue has made certain assumptions. Although Clear Blue believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release. All subsequent written and oral forward- looking information and statements attributable to Clear Blue or persons acting on its behalf is expressly qualified in its entirety by this notice."
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release. Such securities have not been, and will not be, registered under the U.S. Securities Act, or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or "U.S. Persons", as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.
1 Non-IFRS Measure
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264180
FAQ
What were Clear Blue Technologies' (CBUTD) Q2 2025 financial results?
How much are Clear Blue Technologies' current bookings and expected revenue?
What is Clear Blue Technologies' 2.0 strategy?
How much recurring revenue did Clear Blue generate in Q2 2025?
What is Clear Blue Technologies' current cash position?
