Cleartronic Inc's Suppliers recorded an increase in sales by 26.75 % year on year in Q3 2026, sequentially sales grew by 10.57 %, Cleartronic Inc recorded an increase in cost of sales by 19.02 % year on year, sequentially cost of sales grew by 37.64 % in Q3.
Cleartronic Inc's Suppliers recorded an increase in sales by 26.75 % year on year in Q3 2026, sequentially sales grew by 10.57 %, Cleartronic Inc recorded increase in cost of sales by 19.02 % year on year, sequentially cost of sales grew by 37.64 % in Q3.
We have outsourced the manufacturing of our AudioMate 360 IP Gateway. This outsourcing
has allowed us to:
Avoid costly capital expenditures for the establishment of manufacturing operations;
Focus on the design, development, sales and support of our hardware products;
and
Leverage the scale, expertise and purchasing power of specialized contract
manufacturers.
Currently, we have arrangements for the production of our gateways with a contract
manufacturer in Florida. Our reliance on contract manufacturers involves a number
of potential risks, including the absence of adequate capacity, ownership of
certain elements of electronic designs, and reduced control over delivery schedules.
Our contract manufacturers can provide us with a range of operational and manufacturing
services, including component procurement and performing final testing and assembly
of our products. We intend to depend on our contract manufacturers to procure
components and to maintain adequate manufacturing capacity.
We have also relied on a small number of suppliers for several key components
utilized in the assembly of our AudioMate 360 IP Gateway. For example, our contract
manufacturer has purchased a key component that is essential to the production
of our gateways from a single source supplier. We have not identified any alternative
suppliers for that component. Our contract manufacturer has maintained relatively
low inventories and acquired components only as needed. As a result, our ability
to efficiently respond to customer orders, if any, may be constrained by, among
other things, the then-current availability or terms and pricing of necessary
components. We may be unable to obtain a sufficient quantity of these components
in a timely manner to meet the demands of our customers. In addition, we have
no control over the prices of these components. Any delays or any disruption
of the supply of these components could also materially and adversely affect
our operating results.
Cleartronic Inc's Comment on Supply Chain
We have outsourced the manufacturing of our AudioMate 360 IP Gateway. This outsourcing
has allowed us to:
Avoid costly capital expenditures for the establishment of manufacturing operations;
Focus on the design, development, sales and support of our hardware products;
and
Leverage the scale, expertise and purchasing power of specialized contract
manufacturers.
Currently, we have arrangements for the production of our gateways with a contract
manufacturer in Florida. Our reliance on contract manufacturers involves a number
of potential risks, including the absence of adequate capacity, ownership of
certain elements of electronic designs, and reduced control over delivery schedules.
Our contract manufacturers can provide us with a range of operational and manufacturing
services, including component procurement and performing final testing and assembly
of our products. We intend to depend on our contract manufacturers to procure
components and to maintain adequate manufacturing capacity.
We have also relied on a small number of suppliers for several key components
utilized in the assembly of our AudioMate 360 IP Gateway. For example, our contract
manufacturer has purchased a key component that is essential to the production
of our gateways from a single source supplier. We have not identified any alternative
suppliers for that component. Our contract manufacturer has maintained relatively
low inventories and acquired components only as needed. As a result, our ability
to efficiently respond to customer orders, if any, may be constrained by, among
other things, the then-current availability or terms and pricing of necessary
components. We may be unable to obtain a sufficient quantity of these components
in a timely manner to meet the demands of our customers. In addition, we have
no control over the prices of these components. Any delays or any disruption
of the supply of these components could also materially and adversely affect
our operating results.
CLRI's Suppliers Net Income grew by
CLRI's Suppliers Net margin grew in Q3 to
84.88 %
24.34 %
CLRI's Suppliers Net Income grew by 84.88 %
CLRI's Suppliers Net margin grew in Q3 to 24.34 %
Cleartronic Inc's Suppliers Sales Growth
in Q3 2026 by Industry
Sources:
Cleartronic Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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