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HomeFinTechClearVue Technologies: Increases revenue during busy HY

ClearVue Technologies: Increases revenue during busy HY

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  • ClearVue Technologies (CPV) has managed to increase revenue by 51.6 per cent over a busy first half of the 2021 financial year
  • The company spent the six months focused on fulfilling international orders as well as beginning construction at the world’s first solar greenhouse
  • Additionally, ClearVue managed to appoint a new U.S. manufacturer and distributor during the period
  • CPV’s board also underwent a refresh during the six months, with a new interim CEO assigned as well
  • Financially, ClearVue ended December 31 with a $1.8 million loss which is an increase on the previous corresponding period’s $1.22 million loss
  • The company’s bank balance grew to $2.39 million after it carried out a successful capital raising in August and September

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