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Tantalus Systems Holding Inc

Industrials CA GRID

6.2CAD
0.01(0.16%)

Last update at 2026-06-03T20:00:00Z

Day Range

6.046.27
LowHigh

52 Week Range

2.006.19
LowHigh

Fundamentals

  • Previous Close 6.19
  • Market Cap339.97M
  • Volume68976
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA1.60M
  • Revenue TTM54.11M
  • Revenue Per Share TTM1.06
  • Gross Profit TTM 29.59M
  • Diluted EPS TTM-0.03

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -0.89540M -2.61614M -1.67451M -6.07701M -6.97944M
Minority interest - - - - -
Net income -1.00937M -2.62772M -1.68520M -5.19542M -7.02015M
Selling general administrative 20.54M 7.93M 6.62M 15.12M 13.62M
Selling and marketing expenses - 8.60M 7.78M - -
Gross profit 28.41M 24.02M 21.86M 18.90M 14.35M
Reconciled depreciation 1.67M 1.75M 1.83M 1.90M 1.55M
Ebit 0.51M -1.02952M -0.31838M -5.68970M -6.24230M
Ebitda 2.21M 0.72M 1.52M -3.23221M -4.90335M
Depreciation and amortization 1.70M 1.75M 1.83M - -
Non operating income net other - - - - -
Operating income 0.51M -1.26214M -2.28660M -5.68970M -6.24230M
Other operating expenses 54.55M 45.57M 44.43M - -
Interest expense 1.19M 1.59M 1.43M 0.95M 0.53M
Tax provision 0.11M 0.01M 0.01M -0.88160M 0.04M
Interest income 0.10M 1.35M 1.57M - 0.64M
Net interest income -1.07000M -1.58661M -1.50946M -1.07008M -0.53035M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.11M 0.01M 0.01M -0.88160M 0.04M
Total revenue 55.06M 44.31M 42.15M 39.60M 32.17M
Total operating expenses 27.90M 25.28M 24.15M 45.29M 38.51M
Cost of revenue 26.65M 20.29M 20.29M 20.71M 17.82M
Total other income expense net -1.40619M -1.35400M 0.61M 0.68M -0.10894M
Discontinued operations - - - - -
Net income from continuing ops -0.99200M -2.62772M -1.68520M -5.19542M -7.02015M
Net income applicable to common shares - -2.62772M -1.68520M -5.19542M -7.02015M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 43.11M 41.55M 34.80M 37.36M 31.03M
Intangible assets 4.67M 5.44M 6.21M 6.98M 0.16M
Earning assets - - - - -
Other current assets 2.00M 1.83M 1.47M 0.67M -
Total liab 35.62M 34.61M 32.48M 33.78M 24.24M
Total stockholder equity 7.49M 6.94M 2.32M 3.58M 6.79M
Deferred long term liab - - - - -
Other current liab 15.00M - 4.03M 6.48M 4.51M
Common stock 95.43M - 88.14M 88.14M 86.93M
Capital stock 95.61M 94.58M 88.14M 88.14M 86.93M
Retained earnings -132.57330M -131.82291M -129.19519M -127.51000M -122.31458M
Other liab - - - 2.96M -
Good will 3.44M 3.45M 3.45M 3.45M -
Other assets - - - - -
Cash 12.60M 13.22M 5.15M 5.85M 14.20M
Cash and equivalents - - - - -
Total current liabilities 28.95M 27.74M 27.27M 27.04M 20.95M
Current deferred revenue - - 4.18M - -
Net debt -4.12548M - 9.21M 4.51M -
Short term debt 2.34M - 9.36M - 8.10M
Short long term debt 1.60M 5.21M 8.50M 9.20M 8.10M
Short long term debt total 8.47M - 14.37M - -
Other stockholder equity - - - 42.95M 42.17M
Property plant equipment - - - 4.14M 4.44M
Total current assets 32.39M 29.89M 21.80M 22.79M 26.43M
Long term investments - - - - -
Net tangible assets - - - -6.84959M 6.63M
Short term investments - - - - -
Net receivables 9.85M 10.01M 7.87M 9.04M 5.40M
Long term debt 5.17M 5.37M 2.89M 1.16M -
Inventory 7.94M 4.83M 6.63M 5.69M 5.69M
Accounts payable 11.61M 7.99M 9.70M 7.30M 4.82M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 44.63M - 43.37M - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - - -
Deferred long term asset charges - - - - -
Non current assets total 10.72M 11.66M 13.00M 14.57M 4.60M
Capital lease obligations 1.72M 2.24M 2.98M 3.48M 4.01M
Long term debt total - - - - 3.28M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -0.40930M -0.26936M -5.86208M -0.18814M
Change to liabilities - - - 2.93M -3.37192M
Total cashflows from investing activities -0.76618M -0.40930M -0.26936M -5.86208M -0.18814M
Net borrowings -4.93500M -1.48016M 0.40M 1.73M -0.58554M
Total cash from financing activities -4.65203M 5.86M 0.40M 1.07M 13.75M
Change to operating activities - - - -0.36568M 0.68M
Net income -1.00937M -2.62772M -1.68520M -5.19542M -7.02015M
Change in cash -1.24951M 8.07M -0.69722M -8.35288M 9.56M
Begin period cash flow 13.84M 5.15M 5.85M 14.20M 4.65M
End period cash flow 12.60M 13.22M 5.15M 5.85M 14.20M
Total cash from operating activities 4.80M 2.64M -0.83972M -3.39903M -4.01421M
Issuance of capital stock 0.36M 7.30M 0.00000M 0.00000M 16.33M
Depreciation 1.70M 1.75M 1.83M 1.74M 1.19M
Other cashflows from investing activities - - - - 0.34M
Dividends paid - - - - -
Change to inventory -3.17665M 1.80M -0.94401M 0.00438M -1.09631M
Change to account receivables 0.14M -2.14045M 1.17M -3.03288M 3.55M
Sale purchase of stock - 7.30M 0.40M - 16.33M
Other cashflows from financing activities -0.08639M 0.04M 0.40M -0.67347M -2.00034M
Change to netincome - - - 0.36M 1.69M
Capital expenditures 0.77M 0.41M 0.27M 0.18M 0.15M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 2.30M 2.97M 0.80M -0.46160M -0.76506M
Stock based compensation 1.19M 0.60M 0.42M 0.77M 0.46M
Other non cash items 1.81M -0.05486M -2.21597M 0.71M 1.63M
Free cash flow 4.03M 2.23M -1.10909M -3.57558M -4.54442M

Peer Comparison

Sector: Industrials Industry: Electrical Equipment & Parts

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
GRID
Tantalus Systems Holding Inc
0.01 0.16% 6.20 - 833.33 6.28 32.50 4.43 122.62
BLDP
Ballard Power Systems Inc
-0.39 4.42% 8.43 - 98.04 12.84 1.58 4.29 -6.214
HPS-A
Hammond Power Solutions Inc
-3.65 1.11% 326.00 13.41 11.74 1.22 3.30 1.29 9.02
ELVA
Electrovaya Inc.
-1.34 7.85% 15.72 86.80 55.56 10.07 7.78 7.03 71.32
HMM-A
Hammond Manufacturing Company Limited
0.32 1.64% 19.82 5.45 - 0.43 1.08 0.65 4.32

Reports Covered

Stock Research & News

Profile

Tantalus Systems Holding Inc., a technology company, provides smart grid solutions in Canada and the United States. It operates in two segments, Connected Devices, and Software and Services. The Connected Devices segment sells computing modules used into multiple devices, including meters, sensors, and street lighting fixtures; distributes automation equipment; multi-relay load control switches; and a suite of communications infrastructure devices to deliver an industrial network-of-things/Internet-of-Things (IoT) smart grid, including base stations, repeaters, and collectors. The Software and Services Segment provides software licenses; hosting services; software as a service and other subscriptions; professional services, including project management, deployment, installation, and engineering support; and post-contract technical support and annual software maintenance services, as well as offers software applications AI enabled data analytics and a suite of professional services to support utilities. It provides TRUConnect AMI, a multi-commodity industrial IoT network that includes advanced smart meters and intelligent connected devices; TRUFlex Load+DER Management system, which manages various residential and commercial loads; TRUGrid Automation, a suite of application and analytics tools to identify pinpoint anomalies from data; TRUSync Grid Data Management, a grid data management system that integrates utility data; and TRUSense Gateway solutions. Tantalus Systems Holding Inc. is headquartered in Burnaby, Canada.

Tantalus Systems Holding Inc

3555 Gilmore Way, Burnaby, BC, Canada, V5G 0B3

Key Executives

Name Title Year Born
Mr. Peter A. Londa J.D., MBA CEO, Pres & Director 1973
Mr. George W. Reznik Chief Financial Officer 1967
Mr. Michael Grandis J.D. Gen. Counsel & Company Sec. 1975
Mr. Michael J. Julian M.B.A., MBA Chief Revenue Officer 1969
Mr. Gerry Kaiser Chief Operating Officer NA
Mr. Douglass Campbell Chief Solution Officer NA
Mr. Peter A. Londa J.D., MBA CEO, President & Director 1973
Mr. Michael Grandis J.D. General Counsel, Chief Legal & Administrative Officer and Corporate Secretary 1975
Ms. Leena Al-Hajjar Vice President of People & Culture NA
Mr. Tereus Scott Chief System Architect NA

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