Welcome to our dedicated page for Cleartronic news (Ticker: CLRI), a resource for investors and traders seeking the latest updates and insights on Cleartronic stock.
Cleartronic Inc. (CLRI) delivers mission-critical communication solutions through its ReadyOp platform, serving public safety organizations and enterprises requiring operational efficiency. This news hub provides investors and stakeholders with essential updates on strategic developments, financial performance, and technological advancements.
Access comprehensive coverage of CLRI's corporate milestones including software updates, partnership announcements, and acquisition activity such as the integration of Alastar's situational awareness technology. Our curated news collection enables informed decision-making by tracking the company's progress in enhancing real-time collaboration tools for emergency response and operational management.
Key updates include earnings reports, leadership changes, product enhancements to the ReadyOp SaaS platform, and market expansion initiatives. Regular monitoring of these developments helps users understand Cleartronic's position in the competitive public safety technology sector.
Bookmark this page for direct access to verified CLRI announcements and analysis. Check back frequently to stay informed about how Cleartronic continues to innovate in mission-critical communication solutions while maintaining compliance with financial disclosure standards.
Cleartronic, Inc. ($CLRI) has announced the strategic acquisition of Alastar, a technology platform previously co-owned by Advanced Technology International and the South Carolina Research Authority. The acquisition includes Alastar's trademarks, software, platform, clients, and employees. Alastar, established about ten years ago, specializes in situational awareness software for public safety and mission effectiveness.
CEO Marc Moore highlighted the opportunity to enhance CLRI's ReadyOp platform and add valuable talent. The companies offer complementary capabilities, and CLRI anticipates a smooth transition and integration of Alastar's capabilities into ReadyOp. The acquisition is expected to be accretive to Cleartronic's operations, providing greater programming capabilities and allowing for increased revenue from current clients and enhanced offerings to new clients.
Cleartronic, Inc. (OTC PINK:CLRI) reported that its ReadyOp platform remained fully operational during the global Crowdstrike outage on July 19, 2024. While many businesses, airlines, and government agencies experienced disruptions in their computer systems, ReadyOp users were unaffected. The platform's independence from vulnerable software programs allowed clients to maintain communication and provide guidelines for updating computers.
CEO Marc Moore emphasized the importance of including ReadyOp in every organization's Continuity of Operations Program (COOP). CTO John Ohl highlighted ReadyOp's reliability and resilience during crises, as it continued to provide uninterrupted service while other mass notification and emergency software platforms were offline.
Cleartronic, Inc. (OTCPINK:CLRI) announced a new stock repurchase program, aiming to buy back shares based on market conditions and other factors. The program will be financed through existing cash resources and is compliant with applicable securities regulations. CEO Marc Moore stated the program aims to enhance shareholder value, indicating that the stock price does not reflect the company's potential. The timing and volume of repurchases will depend on various considerations and may be adjusted or halted as needed.
Cleartronic, Inc. (OTCPINK:CLRI) reported a 22% revenue growth for the fiscal year ending September 30, 2022, driven by its ReadyOp platform, which serves numerous government and private organizations. The company has shown consistent profitability over the past three years and has strengthened its balance sheet by increasing cash and assets while reducing debt. CEO Marc Moore emphasized plans to expand the customer base further. The full 10-K report is available on the US SEC EDGAR platform.
Cleartronic, Inc. (OTCPINK: CLRI) announced its 2022 third quarter financial results, achieving its tenth consecutive profitable quarter. For the nine months ending June 30, 2022, gross profit rose by 25% and net income increased by 94% year-over-year. In the latest quarter, gross profit surged by 28% while net income soared by 156% compared to the same period last year. The company maintains a remarkable client retention rate exceeding 95% and is expanding its services through the ReadyOp platform. Cleartronic also launched a new website and hosted its inaugural ReadyOp Users Conference.
Cleartronic, Inc. (CLRI) reported its Q2 2022 financial results, marking nine consecutive quarters of profitability. Revenues increased by 11% for the quarter and 23% for the six months, driven by a 19% rise in recurring revenue from the ReadyOp platform. Gross profit margins reached 86%, with income from operations rising by 48% and 56% year-over-year for the quarter and six months, respectively. CEO Marc Moore highlighted the platform's growth and the company’s improved balance sheet, positioning for future market expansion.
Cleartronic, Inc. (CLRI: OTCPINK) reported a successful first fiscal quarter for 2022, ending December 31, 2021, showing continued profitability for eight consecutive quarters. Key highlights include a 33% increase in Gross Profit and a 70% rise in profit from Continuing Operations. CEO Marc Moore emphasized steady growth and customer base expansion for the ReadyOp platform, despite economic challenges from the COVID-19 pandemic. The company aims to improve working capital and reduce debt to strengthen its financial position.
Cleartronic, Inc. (CLRI) announced its financial results for Q4 and the year ended September 30, 2021. The company demonstrated consistent profitability, with a 19% increase in sales of its ReadyOp platform and a 57% profit increase from Continuing Operations, despite challenges posed by the COVID-19 pandemic. CEO Marc Moore emphasized the expansion of their customer base and financial strength, highlighting gains in cash and assets while minimizing debt. The complete 10-K report is available on the SEC EDGAR Platform.
Cleartronic, Inc. (CLRI:OTCPINK) announced its third-quarter financial results for the period ending June 30, 2021, showcasing six consecutive quarters of profitability. CEO Marc Moore highlighted consistent growth, attributing it to the ReadyOp platform, which saw increased client renewals and usage. The company's improved balance sheet and cash flow were also noted. The full 10-Q report is available via the USSEC Edgar system for investor review.
