Tantalus Systems Holding Inc. (TSX:GRID)

Canada flag Canada · Delayed Price · Currency is CAD
6.13
+0.13 (2.17%)
Apr 28, 2026, 4:00 PM EST
Market Cap336.66M +263.8%
Revenue (ttm)74.20M +22.1%
Net Income-1.36M
EPS-0.03
Shares Out56.11M
PE Ration/a
Forward PE205.12
Dividendn/a
Ex-Dividend Daten/a
Volume115,273
Average Volume238,293
Open5.95
Previous Close6.00
Day's Range5.87 - 6.18
52-Week Range2.07 - 6.37
Beta0.26
RSI64.84
Earnings DateMay 6, 2026

About Tantalus Systems Holding

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 sta... [Read more]

CEO Peter Londa
Employees 134
Stock Exchange Toronto Stock Exchange
Ticker Symbol GRID
Full Company Profile

Financial Performance

In 2025, Tantalus Systems Holding's revenue was $54.11 million, an increase of 22.12% compared to the previous year's $44.31 million. Losses were -$992,000, -62.25% less than in 2024.

Financial numbers in USD Financial Statements

News

Tantalus to Report First Quarter 2026 Financial Results on May 6, 2026

Burnaby, British Columbia--(Newsfile Corp. - April 8, 2026) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize t...

20 days ago - Newsfile Corp

Tantalus Systems Holding Transcript: Status update

Record revenue and EBITDA growth were achieved, with strong gross margins and cash flow. TRUSense Gateway deployments expanded to 66 utilities, driving both new and existing customer growth. Strategic focus for 2026 includes scaling deployments, enhancing analytics, and mitigating supply chain risks.

5 weeks ago - Transcripts

Tantalus Systems Holding Earnings Call Transcript: Q4 2025

Record revenue and recurring revenue growth in 2025, with strong TRUSense Gateway adoption and robust order conversions. Margin pressures from tariffs and supply chain challenges are being managed, while a strengthened balance sheet supports future investments and potential M&A.

5 weeks ago - Transcripts

Tantalus Systems Holding Inc. Reports Fourth Quarter and Full Year 2025 Financial Results

Burnaby, British Columbia--(Newsfile Corp. - March 18, 2026) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize ...

5 weeks ago - Newsfile Corp

Tantalus Extends ERT License Agreement with Itron

Agreement enables utilities to extend the life of existing ERT infrastructure while transitioning to a data-centric grid modernization platform Burnaby, British Columbia--(Newsfile Corp. - March 4, 20...

7 weeks ago - Newsfile Corp

Tantalus to Report Fourth Quarter & Year End 2025 Audited Financial Results on March 18, 2026

Burnaby, British Columbia--(Newsfile Corp. - February 18, 2026) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities moderni...

2 months ago - Newsfile Corp

Tantalus Systems Holding Inc. Completes $23.0 Million Bought Deal Financing

Burnaby, British Columbia--(Newsfile Corp. - February 9, 2026) - Tantalus Systems Holding Inc. (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company") is pleased to announce that it has closed its pr...

2 months ago - Newsfile Corp

Tantalus to Deliver TRUConnect(TM) AMI and Distribution Grid Modernization Solutions to PenTex Energy

Deployment to strengthen reliability, enhance grid awareness and prepare for Texas' rapid load growth Burnaby, British Columbia--(Newsfile Corp. - January 21, 2026) - Tantalus Systems (TSX: GRID) (OTC...

3 months ago - Newsfile Corp

Tantalus Systems Holding Transcript: Status Update

TRUSense Gateway and TRUPush technologies provide utilities with real-time, granular data and analytics, enabling proactive grid management, asset optimization, and improved customer service. Over 330 utilities are deploying the system, with adoption accelerating as funding and awareness grow.

4 months ago - Transcripts

Tantalus Named a Top 25 Grid Modernization Vendor by Frost & Sullivan

Independent research firm validates Tantalus' innovative, data-centric approach to distribution grid modernization Burnaby, British Columbia--(Newsfile Corp. - December 11, 2025) - Tantalus Systems (T...

4 months ago - Newsfile Corp

Tantalus Systems Holding Transcript: Investor Update

Revenue and recurring income reached record highs, driven by strong sales and the rapid adoption of TRUSense Gateway, now ordered by 52 utilities. Manufacturing capacity and risk mitigation are priorities, with a strategic focus on commercialization, analytics, and targeted M&A.

5 months ago - Transcripts

Tantalus Systems Holding Earnings Call Transcript: Q3 2025

Record Q3 and trailing 12-month revenue driven by strong demand for grid modernization, with TRUSense Gateway adoption exceeding expectations. Margins remain robust, recurring revenue is scaling, and management is optimistic about continued growth, supported by a strong pipeline and liquidity.

5 months ago - Transcripts

Tantalus Systems Holding Inc. Reports Third Quarter 2025 Financial Results

Burnaby, British Columbia--(Newsfile Corp. - November 12, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities moderni...

5 months ago - Newsfile Corp

Tantalus Systems Holding Transcript: Planet MicroCap Showcase: TORONTO 2025

Focused on modernizing utility grids, the company leverages its TRUSense Gateway to deliver real-time data, automation, and analytics, driving recurring revenue and strong customer retention. With nearly $50M in annual revenue and positive cash flow, it is positioned for growth as grid modernization accelerates.

6 months ago - Transcripts

Tantalus to Report Third Quarter 2025 Financial Results on November 12, 2025

Burnaby, British Columbia--(Newsfile Corp. - October 15, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities moderniz...

6 months ago - Newsfile Corp

Tantalus Systems Holding Earnings Call Transcript: Q2 2025

Revenue grew 22% year-over-year to $13.1M in Q2, with record recurring revenue and strong gross margins despite tariff headwinds. Orders and ARR hit all-time highs, driven by robust demand for TruSense Gateway and grid modernization solutions.

9 months ago - Transcripts

Tantalus Systems Holding Inc. Reports Second Quarter 2025 Financial Results

Burnaby, British Columbia--(Newsfile Corp. - August 6, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize ...

9 months ago - Newsfile Corp

Tantalus to Report Second Quarter 2025 Financial Results on August 6, 2025

Burnaby, British Columbia--(Newsfile Corp. - July 16, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize t...

10 months ago - Newsfile Corp

Tantalus Systems Holding Transcript: Status Update

Recent wins include the largest ERT migration with Riverside and a landmark TruSense Gateway contract with EPB Chattanooga, both driving significant upfront and recurring revenue. New analytics tools and joint action agency partnerships are accelerating adoption and market expansion.

10 months ago - Transcripts

EPB Selects Tantalus' TRUSense Gateway(TM) Solution

Project enhances EPB's automated distribution grid and broadband services to support their community Burnaby, British Columbia--(Newsfile Corp. - July 7, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: T...

10 months ago - Newsfile Corp

Indiana Municipal Power Agency Selects Tantalus' AI-Powered TRUGrid(TM) Analytics to Enhance Reliability for Member Utilities

Large-scale deployment of TRUGrid Reliability and TRUGrid Transformer marks company's first AI-based analytics rollout across a Joint Action Agency Burnaby, British Columbia--(Newsfile Corp. - June 25...

10 months ago - Newsfile Corp

Riverside Public Utilities Expands Grid Modernization Investment With Tantalus

Deployment reflects largest migration in Tantalus' history from an ERT overlay to a grid modernization platform Burnaby, British Columbia--(Newsfile Corp. - June 12, 2025) - Tantalus Systems (TSX: GRI...

11 months ago - Newsfile Corp

Tantalus Systems Announces Voting Results for Annual General and Special Meeting

Burnaby, British Columbia--(Newsfile Corp. - June 10, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize t...

11 months ago - Newsfile Corp

Tantalus Systems Holding Earnings Call Transcript: Q1 2025

Record Q1 revenue grew 27% year-over-year, driven by strong demand for connected devices and software, with 33 utilities piloting the TRUSense Gateway. Gross margin improved to 55%, and positive cash flow enabled debt reduction and enhanced liquidity. Tariffs pose a near-term EBITDA headwind, but the outlook remains positive.

1 year ago - Transcripts

Tantalus Systems Holding Inc. Reports First Quarter 2025 Financial Results

Burnaby, British Columbia--(Newsfile Corp. - May 7, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize the...

1 year ago - Newsfile Corp