Clear Blue Technologies International, Inc. (TSE:CBLU) has released an update.
Clear Blue Technologies International Inc. has reported a robust fiscal 2023 with revenues soaring to $5.4 million, marking a 105% increase from the previous year, and a significant improvement in gross margins to 46%. The company also noted a 48% improvement in non-IFRS Adjusted EBITDA and a 24% increase in bookings, signaling strong future delivery potential. These financial gains coincide with strategic partnerships and new product roll-outs, positioning Clear Blue for an optimistic fiscal 2024.
For further insights into TSE:CBLU stock, check out TipRanks’ Stock Analysis page.
