
Concrete Leveling Systems Inc
93
Recent corporate updates have been issued by Concrete Leveling Systems Inc, with the latest update on March 6, 2026. The company has also undergone a change in its independent auditor as of June 12, 2026.
- Concrete Leveling Systems, Inc. provided a corporate update on March 6, 2026, indicating ongoing communication with stakeholders [N1].
- The company changed its independent registered public accounting firm on June 12, 2026, following a report from the previous auditor expressing substantial doubt about the company's ability to continue as a going concern [S2].
Concrete Leveling Systems Inc is a publicly traded company (ticker: CLEV) incorporated in Nevada with principal offices in Canton, Ohio. The company files regular SEC reports including 10-K and 10-Q filings. The latest 10-Q filing dated June 22, 2026, covers the period ending April 30, 2026, and provides detailed financial data. The company reported revenue of $790,000 and a net loss of $19,244,000 for this period. The liquidity position shows current assets of $21.9 million against current liabilities of $662.9 million, resulting in a low current ratio of 0.03. The company has issued multiple corporate updates through press releases on Nasdaq.com, indicating ongoing communication with investors and the public.
Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.
The company maintains active communication with investors through regular corporate updates and SEC filings, demonstrating transparency. Despite reporting a net loss, the company has a substantial asset base as indicated by current assets. The recent change in independent auditor and the absence of legal proceedings may indicate efforts to address financial reporting and governance.
Concrete Leveling Systems Inc reported a significant net loss of $19.2 million for the period ending April 30, 2026, with a very low current ratio of 0.03, indicating potential liquidity challenges. The previous auditor expressed substantial doubt about the company's ability to continue as a going concern. The company operates in an unspecified sector and industry, and there is limited public information on its business model or competitive positioning, which increases uncertainty.
There is no disclosed information regarding Concrete Leveling Systems Inc's competitive advantages, proprietary technology, or market positioning in the available SEC filings or public news. The company operates in a sector and industry not specified in the disclosures, limiting visibility into its moat or sustainable competitive advantages.
• Liquidity Risk: The company has a current ratio of 0.03 as of April 30, 2026, indicating that current liabilities significantly exceed current assets, which may pose challenges in meeting short-term obligations [S2].
• Going Concern Uncertainty: The previous independent auditor's report included an explanatory paragraph expressing substantial doubt about the company's ability to continue as a going concern [S2].
• Lack of Sector and Industry Disclosure: The absence of disclosed sector and industry information limits understanding of the company's market environment and competitive risks.
Business trends: The company continues to provide corporate updates and maintains SEC reporting compliance, indicating ongoing operational activity and transparency.
Execution milestones: Recent change in independent auditor and regular public disclosures demonstrate efforts to address financial reporting and governance.
Key risks: Significant liquidity constraints, net losses, and auditor concerns about going concern status present material financial risks.
Very high visibility
Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).
- Concrete Leveling Systems Inc is a publicly traded company with ticker CLEV.
- The company files SEC reports including 10-K and 10-Q filings, with the latest 10-Q filed on 2026-06-22 covering period ending 2026-04-30 [S2].
- As of 2026-04-30, the company reported cash and cash equivalents of $516,000 and current assets of $21,886,000, with current liabilities of $662,850,000, resulting in a current ratio of 0.03 and a cash ratio of 0 [S2].
- Revenue for the period ending 2026-04-30 was $790,000, with a net loss of $19,244,000 and diluted EPS of $0 [S2].
- The company has provided multiple corporate updates via press releases on Nasdaq.com, including a recent update on 2026-03-06 [N1].
- The company is incorporated in Nevada and has its principal executive offices in Canton, Ohio [S2].
- The company changed its independent registered public accounting firm on June 12, 2026, with the previous auditor's report containing an explanatory paragraph expressing substantial doubt about the company's ability to continue as a going concern [S2].
- No legal proceedings were reported in the latest filings [S1].
Generated 2026-06-22
- S1 | 2025-10-29 | 10-K
- S2 | 2026-06-22 | 10-Q
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This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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