CleanGo Innovations (CGII) AI Stock Analysis

• Market Cap: C$1.50M
• Dividend Yield: N/A
• Average Volume (3M): 15.13K
• Price to Earnings (P/E): ―
• Beta (1Y): -2.00
• Revenue Growth: 31.23%
• EPS Growth: 73.83%
• Country: CA
• Employees: 3
• Sector: Consumer Cyclical
• Sector Strength: 52
• Industry: Household & Personal Products
• EPS (TTM): -0.21
• Shares Outstanding: 4,997,361
• 10 Day Avg. Volume: 2,297
• 30 Day Avg. Volume: 15,125
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 6.29
• Price to Cash Flow (P/CF): -9.70
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

CleanGo Innovations is struggling with financial instability, as evidenced by negative profitability and cash flow issues. The technical analysis suggests weak momentum, and the negative P/E ratio indicates an unattractive valuation. While the recent corporate event could potentially create future opportunities, it does not mitigate the current financial difficulties.

CleanGo Innovations Business Overview & Revenue Model

Company Description

CleanGo Innovations (CGII) is a company engaged in the development and distribution of eco-friendly cleaning products. The company focuses on providing sustainable solutions for residential, commercial, and industrial cleaning needs. Its core product line includes biodegradable, non-toxic cleaning agents that are both effective and environmentally responsible.

How the Company Makes Money

CleanGo Innovations makes money primarily through the sale of its eco-friendly cleaning products. Revenue streams include direct sales to consumers via an e-commerce platform, distribution partnerships with retailers, and bulk sales to commercial and industrial clients. The company may also generate income through private labeling agreements and licensing deals, where its proprietary cleaning formulas are produced and sold under different brand names. Additionally, CleanGo Innovations may engage in strategic partnerships with organizations focused on sustainability, enhancing its market reach and brand credibility.

CleanGo Innovations Financial Statement Overview

Summary

CleanGo Innovations is facing significant financial challenges. The income statement reveals negative net and gross profit margins, indicating difficulty in covering costs. The balance sheet shows high leverage with potential insolvency risks due to negative equity. Cash flow issues highlight reliance on external funding with negative operating and free cash flows, making financial stability a concern.

Income Statement

CleanGo Innovations shows substantial challenges in its income statement. The company has negative net and gross profit margins, indicating an inability to cover costs with revenue. Revenue growth is positive, with a 7.39% increase from 2023 to TTM, but this is overshadowed by significant net losses. EBIT and EBITDA margins are deeply negative, suggesting operational inefficiencies and high non-cash expenses.

Balance Sheet

The balance sheet is highly leveraged with a negative stockholders' equity, indicating potential insolvency risks. The debt-to-equity ratio is not meaningful due to negative equity, and the equity ratio also reflects a negative value, underscoring financial instability. These factors highlight significant financial risk for the company.

Cash Flow

Cash flow analysis reveals that CleanGo Innovations has negative operating and free cash flows, which are concerning for sustainability. There is a declining operating cash flow to net income ratio, indicating cash flow issues in covering net losses. While financing cash flows are positive, they primarily reflect reliance on external funding rather than operational efficiency.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
238.48K	222.05K	113.89K	146.76K	190.35K	29.40K
	Gross Profit
34.77K	91.90K	-115.19K	18.34K	-5.30K	14.40K
	EBIT
-664.97K	-593.41K	-1.47M	-682.13K	-2.35M	-1.81M
	EBITDA
-521.36K	-480.76K	-1.59M	-6.90M	-587.08K	-2.14M
	Net Income Common Stockholders
-895.00K	-738.66K	-2.47M	-6.99M	-2.36M	-2.32M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
59.07K	296.73K	14.11K	295.75K	141.13K	7.15K
	Total Assets
455.09K	842.35K	592.43K	1.12M	1.24M	172.75K
	Total Debt
0.00	633.26K	372.61K	51.03K	99.73K	125.00K
	Net Debt
-59.07K	336.53K	358.51K	-244.72K	-41.40K	117.85K
	Total Liabilities
471.62K	1.26M	1.79M	1.48M	898.18K	863.09K
	Stockholders Equity
55.71K	-412.95K	-1.20M	-364.10K	410.32K	-618.10K
Cash Flow		Free Cash Flow
-405.89K	-256.76K	-216.05K	-1.21M	-1.55M	-222.24K
	Operating Cash Flow
-405.89K	-256.76K	-216.05K	-1.20M	-1.46M	-222.24K
	Investing Cash Flow
0.00	0.00	0.00	923.92K	-932.71K	20.16K
	Financing Cash Flow
375.88K	537.71K	-64.82K	357.62K	2.53M	150.15K

CleanGo Innovations Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.30
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CGII, the sentiment is Positive. The current price of 0.3 is above the 20-day moving average (MA) of 0.29, below the 50-day MA of 0.34, and below the 200-day MA of 0.45, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.20 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CGII.

CleanGo Innovations Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GRN	66 Neutral	C$14.12M	―	-5.60%	―	-10.37%	95.22%
Sector *	59 Neutral	$12.17B	11.04	-1.10%	3.77%	1.26%	-19.70%
ECO	58 Neutral	C$257.53M	―	-3.37%	―	48.80%	50.70%
BYD	56 Neutral	C$4.41B	131.32	2.96%	0.30%	5.76%	-71.36%
NPK	43 Neutral	C$34.24M	―	-33.12%	―	-42.96%	-110.04%
CGII	30 Underperform	C$1.50M	―	95.90%	―	31.23%	73.83%
SHP	24 Underperform	C$1.27M	―	94.60%	―	-76.55%	58.66%

CleanGo Innovations Corporate Events

CleanGo Innovations Refocuses on Expanding CG-100 Product Market

CleanGo Innovations has decided to terminate its non-binding RTO transaction with MakerSoul after a period of due diligence and investor feedback. The company will instead focus on expanding the market reach of its CG-100 product in Q1 2025, aiming to scale up production to meet growing demand and enhance its position in the industrial and petroleum sectors.

CleanGo Innovations Launches Kubera Black Technology for Startup Incubation

CleanGo Innovations Inc. has announced the creation of Kubera Black Technology Inc., a wholly owned subsidiary that will focus on business development and the incubation of high-growth, innovative companies across diverse sectors. The new entity will be spun off to public markets, with CleanGo retaining majority ownership, aiming to address the critical global need for startup capital in areas overlooked by traditional financing, and to drive economic growth and create value for stakeholders.

CleanGo Innovations to Undergo Reverse Takeover by MakerSoul

CleanGo Innovations Inc. has entered into a non-binding letter of intent with MakerSoul (Hong Kong) Limited to pursue a reverse take-over, which will make MakerSoul a wholly owned subsidiary. This transaction, if finalized, will result in a fundamental change for CleanGo under Canadian Securities Exchange policies and will require shareholder approval. The resulting issuer from this transaction will primarily operate MakerSoul’s business, with MakerSoul shareholders expected to hold 90% of the new entity’s shares. The deal includes plans for a name change and potential adjustments to board memberships, aiming to strengthen CleanGo’s market positioning by integrating MakerSoul’s operations.

CleanGo Innovations Partners with Valkyrie for U.S. Growth

CleanGo Innovations has entered a five-year private-label partnership with Valkyrie Specialty Corp., aiming to boost revenue and market presence in the U.S. industrial sector with eco-friendly products. Valkyrie has committed to purchasing a minimum of 10,000 liters monthly, marking a promising start with completed and paid initial orders. This collaboration is set to drive significant growth and sustainability for both companies in 2025.

CleanGo Innovations Offers New Stock Options

CleanGo Innovations has granted stock options to key personnel, allowing them to purchase up to 222,500 common shares at $0.40 each over the next five years. This move is part of CleanGo’s strategy to incentivize its team as it continues its mission to lead in sustainable, environmentally friendly cleaning solutions.