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Tantalus Systems Holding Inc

Industrials CA GRID

4.32CAD
0.04(0.93%)

Last update at 2026-03-10T20:00:00Z

Day Range

4.254.50
LowHigh

52 Week Range

1.655.84
LowHigh

Fundamentals

  • Previous Close 4.28
  • Market Cap282.96M
  • Volume127110
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA1.63M
  • Revenue TTM51.78M
  • Revenue Per Share TTM1.01
  • Gross Profit TTM 27.84M
  • Diluted EPS TTM-0.01

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -2.61614M -1.67451M -6.07701M -6.97944M 1.49M
Minority interest - - - - -
Net income -2.62772M -1.68520M -5.19542M -7.02015M 1.48M
Selling general administrative 7.93M 6.62M 15.12M 13.62M 11.34M
Selling and marketing expenses 8.60M 7.78M - - -
Gross profit 24.02M 21.86M 18.90M 14.35M 16.12M
Reconciled depreciation 1.75M 1.83M 1.90M 1.55M -
Ebit -1.02952M -0.31838M -5.68970M -6.24230M 0.32M
Ebitda 0.72M 1.52M -3.23221M -4.90335M -
Depreciation and amortization 1.75M 1.83M - - -
Non operating income net other - - - - -
Operating income -1.26214M -2.28660M -5.68970M -6.24230M -0.86533M
Other operating expenses 45.57M 44.43M - - -
Interest expense 1.59M 1.43M 0.95M 0.53M 0.00000M
Tax provision 0.01M 0.01M -0.88160M 0.04M 0.00724M
Interest income 1.35M 1.57M - 0.64M 0.78M
Net interest income -1.58661M -1.50946M -1.07008M -0.53035M -
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.01M 0.01M -0.88160M 0.04M 0.00724M
Total revenue 44.31M 42.15M 39.60M 32.17M 33.05M
Total operating expenses 25.28M 24.15M 45.29M 38.51M -
Cost of revenue 20.29M 20.29M 20.71M 17.82M 16.92M
Total other income expense net -1.35400M 0.61M 0.68M -0.10894M -
Discontinued operations - - - - -
Net income from continuing ops -2.62772M -1.68520M -5.19542M -7.02015M -
Net income applicable to common shares -2.62772M -1.68520M -5.19542M -7.02015M 1.48M
Preferred stock and other adjustments - - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 41.55M 34.80M 37.36M 31.03M 23.53M
Intangible assets 5.44M 6.21M 6.98M 0.16M 0.37M
Earning assets - - - - -
Other current assets 1.83M 1.47M 0.67M - 0.37M
Total liab 34.61M 32.48M 33.78M 24.24M 25.84M
Total stockholder equity 6.94M 2.32M 3.58M 6.79M -2.31111M
Deferred long term liab - - - - -
Other current liab - 4.03M 6.48M 4.51M 5.57M
Common stock - 88.14M 88.14M 86.93M 71.48M
Capital stock 94.58M 88.14M 88.14M 86.93M -
Retained earnings -131.82291M -129.19519M -127.51000M -122.31458M -115.29443M
Other liab - - 2.96M - -
Good will 3.45M 3.45M 3.45M - -
Other assets - - - - -
Cash 13.22M 5.15M 5.85M 14.20M 4.65M
Cash and equivalents - - - - -
Total current liabilities 27.74M 27.27M 27.04M 20.95M 25.26M
Current deferred revenue - 4.18M - - -
Net debt - 9.21M 4.51M - -
Short term debt - 9.36M - 8.10M 8.08M
Short long term debt 5.21M 8.50M 9.20M 8.10M -
Short long term debt total - 14.37M - - 0.58M
Other stockholder equity - - 42.95M 42.17M 41.51M
Property plant equipment - - 4.14M 4.44M 2.43M
Total current assets 29.89M 21.80M 22.79M 26.43M 20.72M
Long term investments - - - - -
Net tangible assets - - -6.84959M 6.63M -2.68578M
Short term investments - - - - -
Net receivables 10.01M 7.87M 9.04M 5.40M 10.10M
Long term debt 5.37M 2.89M 1.16M - -
Inventory 4.83M 6.63M 5.69M 5.69M 4.59M
Accounts payable 7.99M 9.70M 7.30M 4.82M 7.13M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - 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 11.66M 13.00M 14.57M 4.60M -
Capital lease obligations 2.24M 2.98M 3.48M 4.01M -
Long term debt total - - - 3.28M 0.58M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -0.40930M -0.26936M -5.86208M -0.18814M -
Change to liabilities - - 2.93M -3.37192M 3.00M
Total cashflows from investing activities -0.40930M -0.26936M -5.86208M -0.18814M -0.85401M
Net borrowings -1.48016M 0.40M 1.73M -0.58554M -0.77359M
Total cash from financing activities 5.86M 0.40M 1.07M 13.75M -0.77359M
Change to operating activities - - -0.36568M 0.68M -0.81223M
Net income -2.62772M -1.68520M -5.19542M -7.02015M 1.48M
Change in cash 8.07M -0.69722M -8.35288M 9.56M -0.72037M
Begin period cash flow 5.15M 5.85M 14.20M 4.65M -
End period cash flow 13.22M 5.15M 5.85M 14.20M 4.65M
Total cash from operating activities 2.64M -0.83972M -3.39903M -4.01421M 0.91M
Issuance of capital stock 7.30M 0.00000M 0.00000M 16.33M -
Depreciation 1.75M 1.83M 1.74M 1.19M 1.39M
Other cashflows from investing activities - - - 0.34M -
Dividends paid - - - - -
Change to inventory 1.80M -0.94401M 0.00438M -1.09631M 0.45M
Change to account receivables -2.14045M 1.17M -3.03288M 3.55M -4.07810M
Sale purchase of stock 7.30M 0.40M - 16.33M -
Other cashflows from financing activities 0.04M 0.40M -0.67347M -2.00034M -2.00034M
Change to netincome - - 0.36M 1.69M -0.84734M
Capital expenditures 0.41M 0.27M 0.18M 0.15M 0.50M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 2.97M 0.80M -0.46160M -0.76506M -2.03437M
Stock based compensation 0.60M 0.42M 0.77M 0.46M -
Other non cash items -0.05486M -2.21597M 0.71M 1.63M -
Free cash flow 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
0.04 0.93% 4.32 - 400.00 5.46 30.37 3.97 98.65
BLDP
Ballard Power Systems Inc
-0.03 1.10% 2.69 - - 10.16 1.15 2.15 -6.214
ELVA
Electrovaya Inc.
0.58 5.53% 11.07 139.56 69.93 9.24 16.81 8.49 99.16

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 Infrastructure, and Utility Software Applications and Services. The Connected Devices and Infrastructure segment sells computing modules used into multiple devices, including meters, sensors, and street lighting fixtures, as well as distributes automation equipment. This segment also sells 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 Utility Software Applications and Services 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. This segment also 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 delivers visibility, command, and control of assets managed by utilities; 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 automates 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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