Concrete Leveling Systems Reports $19K Net Loss on Just $790 Revenue, Amid Going Concern Warning
CLEV has more than doubled off its 52-week low of $0.07 on light trading volume (0.4× avg).
Summary
Concrete Leveling Systems reported Q1 2026 revenue of just $790, leading to a net loss of $(19,244), which worsened year-over-year. These dire financial results accompany the company's 10-Q filing today, which disclosed a going concern warning, critically low cash, and persistent material weaknesses. Despite some year-to-date revenue growth from a minimal base and plans for diversification into gaming, the company's financial health remains extremely precarious.
At the time of this announcement, CLEV was trading at $0.55 on OTC in the Real Estate & Construction sector, with a market capitalization of approximately $7.7M. The 52-week trading range was $0.07 to $4.00. This news item was assessed with negative market sentiment and an importance score of 9 out of 10. Source: Wiseek News.