Tantalus Systems Holding Inc. (TSX:GRID)
Canada · Delayed Price · Currency is CAD | Market Cap | 341.31M +173.0% |
| Revenue (ttm) | 79.99M +22.4% |
| Net Income | -1.04M |
| EPS | -0.03 |
| Shares Out | 56.32M |
| PE Ratio | n/a |
| Forward PE | 988.58 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 29,526 |
| Open | 6.08 |
| Previous Close | 6.06 |
| Day's Range | 5.96 - 6.18 |
| 52-Week Range | 2.22 - 6.64 |
| Beta | 0.36 |
| Analysts | Strong Buy |
| Price Target | 7.48 (+21.04%) |
| Earnings Date | May 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]
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 StatementsNews
Tantalus Systems Holding Transcript: Status update
Record quarterly revenue and strong profit growth were achieved, with new analytics and managed service offerings launched. Customer adoption of TRUSense Gateway is progressing, and survey data highlights utilities' concerns over financial uncertainty and readiness for grid modernization.
Tantalus Systems Holding Earnings Call Transcript: Q1 2026
Record Q1 revenue grew 27% year-over-year, driven by strong TRUSense Gateway adoption and recurring revenue growth. Gross margins remain above target despite inflation and supply chain pressures, with a robust backlog and strong liquidity supporting continued expansion.
Tantalus Systems Holding Earnings release: Q1 2026
Tantalus Systems Holding released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.
Tantalus Systems Holding Inc. Reports First Quarter 2026 Financial Results
Burnaby, British Columbia--(Newsfile Corp. - May 6, 2026) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize the...
Tantalus Releases Its Fourth Annual Utility of the Future Survey
Public power and electric cooperative utilities continue to prioritize grid modernization and interoperable grid data, driven by the need for more reliability, resilience and affordability Burnaby, Br...
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...
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.
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.
Tantalus Systems Holding Earnings release: Q4 2025
Tantalus Systems Holding released its Q4 2025 earnings on March 19, 2026, summarizing the period's financial results.
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 ...
Tantalus Systems Holding Slides: Corporate presentation
Tantalus Systems Holding has posted slides in relation to its latest quarterly earnings report, which was published on March 18, 2026.
Tantalus Systems initiated with an Outperform at National Bank
National Bank initiated coverage of Tantalus Systems (TGMPF) with an Outperform rating and C$7 price target
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...
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...
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...
Tantalus Systems price target raised to C$6 from C$5 at Canaccord
Canaccord analyst Yuri Lynk raised the firm’s price target on Tantalus Systems (TGMPF) to C$6 from C$5 and keeps a Buy rating on the shares.
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...
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.
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...
Tantalus Systems Holding Slides: Corporate Presentation
Tantalus Systems Holding has posted slides in relation to its latest quarterly earnings report, which was published on December 5, 2025.
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.
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.
Tantalus Systems Holding Earnings release: Q3 2025
Tantalus Systems Holding released its Q3 2025 earnings on November 13, 2025, summarizing the period's financial results.
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...
Tantalus Systems Holding Slides: Corporate Presentation
Tantalus Systems Holding has posted slides in relation to its latest quarterly earnings report, which was published on November 11, 2025.