Clear Blue Technologies International Inc. (CBLU) Earnings Call Transcripts

Clear Blue Technologies International Inc.'s Latest Earnings Call - June 23, 2026

In Q1 2026, Clear Blue Technologies International Inc. (CBLU:CA) reported revenue of $1.5 million, reflecting an 18% year-over-year growth, while bookings surged by 122% to over $5.2 million in 2025. The company is targeting positive EBITDA and cash flow by the end of 2026, driven by strategic partnerships with Eutelsat and Cooper, alongside significant cost reductions totaling $1.2 million in 2025. Management maintained a cautious outlook, indicating that while Q1 results were stable, they expect stronger performance in the latter half of 2026 as telecom rollouts progress.

Reported metrics

Guidance from management

Management expects Q2 2026 revenue to be similar to Q1, with stronger performance anticipated in the latter half of 2026 due to telecom rollouts and ongoing projects with Eutelsat.

What management said

Got you. Awesome. Thank you. Okay. We have another 1 here coming in from Bob. He's saying we expect a large [ spread ] credit in Q3. Do we have kind of like ballpark for that? Or what does that kind of look like?

Right now, it's above $500,000 is where we're at. And so we went through a SR&ED audit, a full audit for our 2023 tax return. We then filed our 2024 and it got approved right away. So we do think and hope that this shred refund will be processed reasonable given that we just went through a quite rigorous audit and passed it without any major issues. So because of the new taxes, you now get the refund that you would g...

What analysts pressed on

Analysts expressed concerns regarding the timing of revenue recognition from bookings, as revenue growth is lagging behind bookings. There were also questions about the company's ability to maintain momentum in the competitive satellite market and the impact of ongoing cost reductions on future growth.

Main topics on the call

• Revenue Growth and Bookings Surge — Clear Blue reported Q1 2026 revenue of $1.5 million, an 18% increase year-over-year. Bookings for 2025 increased by 122% to over $5.2 million, indicating strong demand for their products. Management stated, "increasing r...
• Strategic Partnerships — The partnerships with Eutelsat and Cooper are pivotal for growth, particularly in the satellite and lighting markets. Management noted, "Eutelsat has achieved significant investment and support to more aggressively grow ...
• Cost Reduction Initiatives — The company achieved $1.2 million in cost reductions in 2025, with an additional $950,000 targeted for 2026. This is part of their strategy to reach positive EBITDA, as highlighted by management stating, "we are at a poi...
• Guidance and Future Outlook — Management did not provide specific revenue guidance for Q2 but indicated that Q1 results would be similar. They expect stronger performance in the latter half of 2026 due to ongoing telecom rollouts, stating, "the busin...

Read the full Clear Blue Technologies International Inc. transcript (June 23, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 19 Clear Blue Technologies International Inc. earnings call transcripts on record, spanning August 26, 2021 to June 23, 2026. Based on this history, Clear Blue Technologies International Inc. reports quarterly. The most recent call on file is dated June 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CBLU

Exchange

TSXV

Country

CA

Sector

Utilities

Industry

Independent Power and Renewable Electricity Producers

Calls on record

19

First call

August 26, 2021

Most recent

June 23, 2026

Reporting cadence

quarterly