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ClearVue Technologies Limited (ASX:CPV)

ALERT: Price-sensitive ASX Announcement for CPV
Current share price for CPV : $0.052 -0.025 (-32.47%)+
Announcement
Release
31 Aug 2026 11:04AM
Price at Release
$0.077
Full Release
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Summary
ClearVue Technologies Limited’s Appendix 4E Preliminary Financial Report for the year ended 30 June 2026 outlines a year of operational reset, product certification and commercial expansion despite continued losses. Revenue from ordinary activities fell 35% to $161,264, while the net loss after tax improved 5% to $10,994,087, reflecting ongoing commercialisation-stage operations, significant certification activity and a materially reduced cost base following restructuring that removed about $6.9 million in annualised costs and reduced cash burn by 52.7% versus the prior corresponding period. The report highlights major product and certification milestones for ClearVue’s solar glazing and related building-integrated photovoltaic products, including Gen3 Solar Vision Glass advances, IEC 61730 and IEC 61215 certification for rooftop and car park solar panels with Helios, IEC 62790 certification for its thermal management junction box, EN 1279-5 testing success, and Grade A AS/NZS 2208:2023 certification across its double-glass range. It also details strategic partnerships and licence agreements in the UAE, South Korea, India, Hong Kong and with LandVac, Helios and the University of Melbourne, alongside notable projects in South Africa, Perth, Victoria, Cyprus and a proposed Canva Sydney headquarters installation. Financially, cash increased to $4.42 million at 30 June 2026, total assets were $11.34 million, net assets were $7.37 million, net tangible assets were 0.86 cents per share, and the company raised capital through placements and a Riverfort facility to support certification, systems, intellectual property and international business development; no dividend was declared, and the accounts were still in the process of audit at the report date.
Key Points
  • Appendix 4E Preliminary Financial Report for the year ended 30 June 2026 was signed on 31 August 2026.
  • Revenue from ordinary activities decreased 35% to $161,264.
  • Loss after tax attributable to owners improved 5% to $10,994,087.
  • No dividend was declared or paid for FY2026.
  • ClearVue undertook a major operational reset with approximately $6.9 million in annualised cost reductions and a 52.7% reduction in cash burn against the prior corresponding period.
  • The company completed its most significant certification programme, including AS/NZS 2208:2023, EN 1279-5:2018, IEC 62790, IEC 61730 and IEC 61215.
  • Gen3 Solar Vision Glass was reported to deliver more than 66% higher energy output per square metre, with faster processing and lower production cost.
  • ClearVue expanded partnerships with LandVac, Helios Power, erbas
  • erbas SUSTAIN and the University of Melbourne.
  • Licence and manufacturing agreements expanded ClearVue’s presence into the UAE, South Korea and India.
  • Notable projects included South African tower recladding, Enex100 in Perth, a net zero cabin in Victoria, the Rio Business Centre project in Cyprus and a proposed installation for Canva’s Sydney headquarters.
  • Cash and cash equivalents increased to $4,420,700 at 30 June 2026.
  • Net tangible assets were 0.86 cents per ordinary security.
  • The company raised capital through equity placements and established a $3 million Riverfort facility secured over its R&D tax incentive.
  • The financial statements were in the process of being audited at the reporting date.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.