Explore 3 Stock Ideas & Industry Insights Download Free Report

888-969-2592
Shopping Cart 0
countryflagCA
Login

Home CompaniesTantalus Systems Holding Inc

Tantalus Systems Holding Inc

Industrials Electrical Equipment & Parts
PortfolioPortfolio WatchlistWatchlist
Company price
4.5 CAD 0.06 ( 1.35%)
Last update at 2026-09-25T20:00:00Z
VOLUME
153541
Market Cap
339.97M

Momentum Score

…

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.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
4.48
Low
4.72
High
52 Week Price Range
2.00
Low
6.19
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Tantalus Systems provides smart-grid communications and software to electric utilities, including metering communications, distribution automation and data services to support grid modernization. Long-term growth drivers include electrification, decarbonization, regulatory mandates and utility capital spending, which may benefit demand for its networking and software. Investors may find the company attractive for recurring service revenue and established utility relationships that could support predictable cash flows.
Key risks include sensitivity to utility procurement cycles and project execution, competitive pressure from larger vendors, and technology or supply-chain disruptions.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
4.44
Dividend Yield
-
Revenue TTM
54.11M
Revenue Per Share
1.06
Gross Profit TTM
29.59M
Debt / Equity
1.13
ROE
-13.74%
Net Debt
-4.13M
ROCE
3.61%
Diluted EPS TTM
-0.03

Key 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 -0.90M -2.62M -1.67M -6.08M -6.98M
Net income -1.01M -2.63M -1.69M -5.20M -7.02M
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 -1.03M -0.32M -5.69M -6.24M
Ebitda 2.21M 0.72M 1.52M -3.23M -4.90M
Depreciation and amortization 1.70M 1.75M 1.83M - -
Operating income 0.51M -1.26M -2.29M -5.69M -6.24M
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 -0.88M 0.04M
Interest income 0.10M 1.35M 1.57M - 0.64M
Net interest income -1.07M -1.59M -1.51M -1.07M -0.53M
Income tax expense 0.11M 0.01M 0.01M -0.88M 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 -1.41M -1.35M 0.61M 0.68M -0.11M
Net income from continuing ops -0.99M -2.63M -1.69M -5.20M -7.02M
Net income applicable to common shares - -2.63M -1.69M -5.20M -7.02M
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
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
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 -132.57M -131.82M -129.20M -127.51M -122.31M
Other liab - - - 2.96M -
Good will 3.44M 3.45M 3.45M 3.45M -
Cash 12.60M 13.22M 5.15M 5.85M 14.20M
Total current liabilities 28.95M 27.74M 27.27M 27.04M 20.95M
Current deferred revenue - - 4.18M - -
Net debt -4.13M - 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
Net tangible assets - - - -6.85M 6.63M
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
Accumulated other comprehensive income 44.63M - 43.37M - -
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 - -0.41M -0.27M -5.86M -0.19M
Change to liabilities - - - 2.93M -3.37M
Total cashflows from investing activities -0.77M -0.41M -0.27M -5.86M -0.19M
Net borrowings -4.93M -1.48M 0.40M 1.73M -0.59M
Total cash from financing activities -4.65M 5.86M 0.40M 1.07M 13.75M
Change to operating activities - - - -0.37M 0.68M
Net income -1.01M -2.63M -1.69M -5.20M -7.02M
Change in cash -1.25M 8.07M -0.70M -8.35M 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 -0.84M -3.40M -4.01M
Issuance of capital stock 0.36M 7.30M 0.00M 0.00M 16.33M
Depreciation 1.70M 1.75M 1.83M 1.74M 1.19M
Other cashflows from investing activities - - - - 0.34M
Change to inventory -3.18M 1.80M -0.94M 0.00M -1.10M
Change to account receivables 0.14M -2.14M 1.17M -3.03M 3.55M
Sale purchase of stock - 7.30M 0.40M - 16.33M
Other cashflows from financing activities -0.09M 0.04M 0.40M -0.67M -2.00M
Change to netincome - - - 0.36M 1.69M
Capital expenditures 0.77M 0.41M 0.27M 0.18M 0.15M
Change in working capital 2.30M 2.97M 0.80M -0.46M -0.77M
Stock based compensation 1.19M 0.60M 0.42M 0.77M 0.46M
Other non cash items 1.81M -0.05M -2.22M 0.71M 1.63M
Free cash flow 4.03M 2.23M -1.11M -3.58M -4.54M

Peer Comparison*

Sector: Industrials Industry: Electrical Equipment & Parts

Stock Name
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		 0.06
1.35%		 4.50 - 833.33 6.28 32.50 4.43 122.62
BLDP
Ballard Power Systems Inc		 0.01
0.33%		 3.03 - 98.04 12.84 1.58 4.29 -6.21
HPS-A
Hammond Power Solutions Inc		 2.60
0.94%		 279.22 13.41 11.74 1.22 3.30 1.29 9.02
ELVA
Electrovaya Inc.		 -0.04
0.44%		 8.97 86.80 55.56 10.07 7.78 7.03 71.32
HMM-A
Hammond Manufacturing Company Limited		 0.80
2.86%		 28.80 5.45 - 0.43 1.08 0.65 4.32

Profile*

Tantalus Systems Holding Inc

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.

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

604 299 0458

https://tantalus.com

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

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

GQC
CAD 0.85
+23.19%
DHT-U
CAD 13.90
+7.01%
ACQ
CAD 22.98
+6.78%
IE
CAD 14.79
+5.95%
SGD
CAD 17.50
+5.68%
SLI
CAD 2.63
-9.00%
FLT
CAD 0.58
-6.45%
SGR-U
CAD 7.56
-6.44%
BB
CAD 11.57
-5.71%
SGR-UN
CAD 10.75
-5.70%

Equity Sectors*

  • Basic Materials

    +0.57%

  • Communication Services

    -1.04%

  • Consumer Cyclical

    +1.42%

  • Consumer Defensive

    +0.27%

  • Energy

    -0.96%

  • Financial Services

    +0.26%

  • Healthcare

    +0.72%

  • Industrials

    +0.43%

  • Real Estate

    +0.40%

  • Technology

    -0.33%

  • Utilities

    -0.39%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…