Clear Blue Technologies
Delivering clean, managed, “wireless power” to meet the global need for reliable, low-cost, off-grid power for lighting, telecom, security, Internet of Things devices, and other critical systems.
Launch date
Employees
Market cap
$5.0m
Enterprise valuation
$13m (Public information from Sep 2024)
Share price
CAD0.055 CBLU.V
Toronto Ontario (HQ)
Financials
Estimates*
CAD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 2.3m | 3.8m | 4.0m | 4.0m | 8.1m | 2.6m | 5.4m |
% growth | - | 65 % | 5 % | 1 % | 103 % | (68 %) | 105 % |
EBITDA | (3.4m) | (7.9m) | (4.4m) | (3.2m) | (2.5m) | (3.0m) | (1.8m) |
% EBITDA margin | (147 %) | (210 %) | (112 %) | (78 %) | (31 %) | (112 %) | (34 %) |
Profit | (3.5m) | (8.1m) | (5.1m) | (3.8m) | (3.4m) | (5.7m) | (3.9m) |
% profit margin | (151 %) | (214 %) | (128 %) | (95 %) | (42 %) | (218 %) | (72 %) |
EV / revenue | - | 3.6x | 1.8x | 8.6x | 3.1x | 6.0x | 3.8x |
EV / EBITDA | - | -1.7x | -1.6x | -10.9x | -10.1x | -5.3x | -11.2x |
R&D budget | - | 1.6m | 1.4m | 1.5m | <1m | <1m | <1m |
R&D % of revenue | - | 43 % | 34 % | 37 % | - | 8 % | 6 % |
Date | Investors | Amount | Round |
---|---|---|---|
$500k | Seed | ||
N/A | $1.3m | Seed | |
* | N/A | $500k | Debt |
$1.9m | Early VC | ||
$1.2m | Early VC | ||
N/A | N/A | IPO | |
$1.0m | Post IPO Debt | ||
N/A | CAD4.3m | Post IPO Debt | |
* | $4.0m | Grant | |
* | N/A | CAD1.3m | Private Placement VC |
* | N/A | CAD1.3m | Private Placement VC |
* | N/A | CAD343k | Post IPO Equity |
Total Funding | $10.8m |
Related Content
Recent News about Clear Blue Technologies
EditTech stack
Tech stackLearn more about the technologies and tools that this company uses.
Investments by Clear Blue Technologies
EditACQUISITION by Clear Blue Technologies Dec 2022