Clear Blue Technologies International Announces Q3 2025 Results and Private Placement

Core Insights - Clear Blue Technologies International Inc. reported significant financial growth in Q3 2025, with new bookings increasing by 682% and revenue rising by 158% compared to Q3 2024 [3] - The company anticipates stronger demand in the telecom sector due to larger-scale customers executing their 2026 roll-out plans [2] - Clear Blue has secured a repeat order worth $1.5 million from iSat Africa, expected to ship over the next two quarters [3] Financial Performance - Q3 2025 new bookings were $745,175, up from $95,277 in Q3 2024 [3] - Q3 2025 revenue reached $953,972, compared to $369,297 in Q3 2024, driven by increased North American lighting activity [3] - Recurring revenue for Q3 2025 was $164,032, a 60% increase from $102,686 in Q3 2024 [3] - Gross Profit for Q3 2025 was $352,574, an increase of 108% from $169,323 in Q3 2024, with a gross margin percentage of 37% [3] - Year-to-date bookings as of September 30, 2025, were $4,203,699, a 192% increase from $1,441,444 in the same period in 2024 [3] - For the nine months ended September 30, 2025, revenue was $3,139,229, a 43% increase from $2,192,540 in the previous period [3] Management Commentary - The CEO of Clear Blue expressed confidence in achieving improved financial results in the coming year through revenue growth with key commercial partners and ongoing expense management [2][4] - The company identified an opportunity to reduce operating expenses by approximately $200,000 in 2026 through cloud software license cost optimizations [3] Private Placement - Clear Blue closed an initial tranche of a non-brokered private placement, raising $300,000, with plans for further tranches [4][5] - The offering involved issuing 6,000,000 units at a price of $0.05 per unit, with each unit consisting of one common share and one warrant [5] - The net proceeds from the offering are intended for sales, business development, and working capital [5]