PowerBank Corporation (NEO:SUNN)

Canada flag Canada · Delayed Price · Currency is CAD
1.170
-0.310 (-20.95%)
At close: May 29, 2026
Market Cap54.49M -50.4%
Revenue (ttm)35.59M -1.5%
Net Income-9.86M
EPS-0.26
Shares Out 46.57M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume19,911
Open1.370
Previous Close1.480
Day's Range1.170 - 1.370
52-Week Range0.600 - 3.390
Beta-0.20
Analystsn/a
Price Targetn/a
Earnings DateMay 19, 2026

About PowerBank

PowerBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. The company operates through Development & EPC, IPP Production and Other segments. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects, grid connected solar PV electricity power plants and battery energy storage system. The company provides expertise in the areas of site origination, utility grid interconnection, permitt... [Read more]

Sector Utilities
Founded 2013
Employees 18
Stock Exchange Cboe Canada
Ticker Symbol SUNN
Full Company Profile

Financial Performance

In fiscal year 2025, PowerBank's revenue was 41.53 million, a decrease of -28.86% compared to the previous year's 58.38 million. Losses were -31.04 million, 793.5% more than in 2024.

Financial Statements

News

PowerBank Announces Hybrid BESS and Solar Project in Genesee New York

Hybrid Project Expected to Provide 500 kW of Solar Energy and 20 MWh of Battery Energy Storage to Allegany County in New York Project Expected to Be Eligible for NYSERDA NY-Sun and Retail Storage Ince...

2 days ago - PRNewsWire

PowerBank announces 60 MWh of battery energy storage capacity in NY State

PowerBank (SUUN) has executed three lease agreements on battery energy storage systems, known as the Round Hill Rd project, the Montana Rd project and Genesee Rd project, in upstate New…

9 days ago - TheFly

PowerBank Announces 60 MWh of Battery Energy Storage Capacity Across Three New Upstate New York Projects

Projects Expected to Be Eligible for NYSERDA Retail Storage Incentive Program TORONTO, May 21, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "...

9 days ago - PRNewsWire

PowerBank price target lowered to $2 from $4.25 at Alliance Global

Alliance Global lowered the firm’s price target on PowerBank (SUUN) to $2 from $4.25 and keeps a Buy rating on the shares, primarily citing recent dilution incurred for the firm’s…

10 days ago - TheFly

PowerBank Earnings Call Transcript: Q3 2026

Revenue for Q3 2026 was impacted by a project repurchase, but gross margin improved to 35% and net loss narrowed year-over-year. Operational progress included new project mobilizations, ITC eligibility, and commercial operation of a key Ontario BESS project.

11 days ago - Transcripts

PowerBank Earnings release: Q3 2026

PowerBank released its Q3 2026 earnings on May 19, 2026, summarizing the period's financial results.

11 days ago - Filings

PowerBank reports Q3 EPS (31c) vs. ($1.10) last year

Reports Q3 revenue $22.2M vs. $23.9M last year. Richard Lu, CEO of PowerBank (SUUN) commented: “Our Q3 reflects the financial transformation underway at PowerBank – margins up, working capital positiv...

15 days ago - TheFly

PowerBank Announces Third Quarter Results

Gross Margin Expands to 35% Year-to-Date; Working Capital Turns Positive to $10.7 Million; Net Loss Narrows to $(12.2)M from $(34.7)M in Prior Year This news release constitutes a "designated news rel...

15 days ago - PRNewsWire

PowerBank Advances AI Integration with Dual-Agent Deployment

External IR Agent Has Been Live on PowerBank Website Since April 8, 2026 IntelliScope Internal Business Intelligence Platform Deployed on Sovereign AI Infrastructure; Internal Testing Underway TORONTO...

18 days ago - PRNewsWire

PowerBank Slides: Investor presentation

PowerBank has posted slides in relation to its latest quarterly earnings report, which was published on May 8, 2026.

22 days ago - Filings

PowerBank Announces Commercial Operation of First Battery Energy Storage System in Ontario

4.99 MW Ontario BESS Project Achieves Commercial Operation, Securing 22-Year Revenue Contract with the IESO TORONTO, May 5, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FS...

25 days ago - PRNewsWire

PowerBank Achieves Key Grid Interconnection Milestone for Sydney Community Solar Project in Nova Scotia

Sydney Community Solar Project to Deliver Clean Energy Equivalent to 222 Homes Annually Enables Residents and Businesses to Access Solar Without Rooftop Installation Advances Alignment with Nova Scoti...

4 weeks ago - PRNewsWire

628 Homes, $3.86 Million in Savings: PowerBank Announces Grid Interconnection Milestone on Brooklyn Community Solar Project in Nova Scotia

Brooklyn Community Solar Project Expected to Power the Equivalent of 628 Homes Annually Enables Residents and Businesses to Access Solar Without Rooftop Installation Part of Nova Scotia's Ambitious 80...

5 weeks ago - PRNewsWire

PowerBank announces 5 MW AC hybrid solar plus battery energy storage project

PowerBank (SUUN) is pleased to announce that it has executed a lease agreement on a 5 MW AC hybrid solar plus battery energy storage project known as the NY-Conklin Hill

6 weeks ago - TheFly

PowerBank Announces 5 MW AC Distributed Solar and Battery Energy Storage System Project in New York

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 17, 2026 to its short form base shelf prospectus dated May 7, 2025. TOR...

6 weeks ago - PRNewsWire

PowerBank announces LoI with Nodiac

PowerBank (SUUN) announced a Letter of Intent, or LOI, with Nodiac, a distributed data center power infrastructure company specializing in the development and deployment of modular, containerized data...

7 weeks ago - TheFly

PowerBank Signs LOI with Modular Data Center Company Nodiac.ai, Unlocking Potential Additional Revenue from Existing Energy Assets

LOI Marks PowerBank's Strategic Entry into the Rapidly Growing AI Infrastructure Market Modular Data Center Market Projected to Grow from ~$29 Billion USD to ~$80 Billion USD by 2030, with North Ameri...

7 weeks ago - PRNewsWire

PowerBank receives $1.1M incentive from NYSERDA for NY solar project

PowerBank’s (SUUN) 7.1 MW Jordan Rd 2 community solar project located on privately-owned brownfield lands in Skaneateles Falls, New York has been approved for up to $1,119,618 in incentives through

7 weeks ago - TheFly

PowerBank Announces $1.1 Million USD Incentive from NYSERDA for 7.1 MW Solar Project in New York

Incentive payment awarded under the NYSERDA's NY-Sun Program Project expected to provide clean energy to the equivalent of 895 homes annually This news release constitutes a "designated news release" ...

7 weeks ago - PRNewsWire

PowerBank says Grandview Rd project in PA completes IRR

PowerBank (SUUN) is pleased to announce that its 4.22 MW ground-mount solar project at Grandview Rd, located in Pennsylvania, has completed the Interconnection Impact Review. The Grandview project fir...

2 months ago - TheFly

PowerBank Shares Update on Pennsylvania Project Interconnection

Project expected to be one of the first Community Solar projects of its kind in the State TORONTO, March 31, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("Power...

2 months ago - PRNewsWire

PowerBank advances NY-South Park project

PowerBank (SUUN) is pleased to announce an update on the development of the NY-South Park project located on a closed landfill site in Buffalo, New York. The Project has now

2 months ago - TheFly

PowerBank Advances 3.1 MW Hybrid Solar and BESS project on a Closed Landfill in NY

388 Homes Expected to be Powered by the Community Solar Project TORONTO, March 24, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company"), a...

2 months ago - PRNewsWire

PowerBank announces combined 42 MW across 9 projects

PowerBank (SUUN) Corporation announces the spring mobilization of 9 projects in NY State, including Jordan Rd 1 and 2, Elmira, Newark and Camp Smith projects, among others. Spring mobilization is

2 months ago - TheFly

PowerBank Announces a Combined 42 MW across 9 Projects Have Been Advanced Under Spring Mobilization in New York State

Combined 42.24 MW Solar and 21.76 MWh Battery Storage Portfolio Enters Construction Phase Across New York State Projects to Deliver Clean Energy to New York Communities and Organizations TORONTO, Marc...

2 months ago - PRNewsWire