Reported Earnings • Feb 26
Second quarter 2026 earnings released: US$0.012 loss per share (vs US$0.015 loss in 2Q 2025) Second quarter 2026 results: US$0.012 loss per share (improved from US$0.015 loss in 2Q 2025). Revenue: US$717.5k (up 15% from 2Q 2025). Net loss: US$925.7k (loss narrowed 1.2% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • Feb 07
ReVolve Renewable Power Corp. announced that it expects to receive $40 million in funding ReVolve Renewable Power Corp. entered into a credit agreement and announced a private placement of Secured Convertible Credit Facility to raise gross proceeds of $40,000,000 on January 5, 2026. The transaction involves participation from new investor Callaway Capital Management, LLC. The transaction will incur tranches. The first tranche consists $20,000,000 and is $10,000,000 initial advance payable at closing, with the remaining $10,000,000 drawable monthly as needed for qualified purposes, subject to customary conditions set out in the Credit Agreement. The second tranche of $20,000,000 will be made available to the Company during the term subject to meeting certain conditions specified in the Credit Agreement. Tranche A is convertible, at the option of the Lender, into common shares of the Company at a conversion price of $0.21 per Common Share. Tranche B is convertible, at the option of the Lender, into Common Shares at a conversion price of $0.29 per Common Share, reflecting a premium pricing structure aligned with future growth and scale. The Credit Facility has a maturity term of 4 years from the closing date of the transaction. The loan accrues 15% annual interest in kind, added to principal monthly, and the lender has the option to convert both principal and accrued interest into equity at the conversion price $0.21 for tranche A and $0.29 for tranche B. Immediately prior to the closing of the initial draw under Tranche A, the company will transition its public listing from the TSX Venture Exchange to the Canadian Securities Exchange. The Credit Agreement and the initial drawdown under tranche A remain subject to customary closing conditions, including completion of definitive documentation, required corporate and regulatory approvals, and satisfaction of conditions set out in the Credit Agreement. These conditions include completion of the Company’s listing on the CSE and receipt of all necessary CSE approvals in respect of the Credit Agreement. The company expects its Common Shares to be voluntarily delisted from the TSXV and listed on the CSE within approximately two to four weeks, subject to approval by both the CSE and the TSXV. The Company also announces that it intends to obtain written shareholder approval in connection with (i) the proposed voluntary delisting of its Common Shares from the TSXV and the proposed listing of its Common Shares on the CSE; and (ii) the Credit Agreement with Callaway Capital Management LLC, as required under applicable CSE policies. In respect of the Credit Agreement, shareholder approval is required under applicable CSE policies because the conversion of all or a portion of the indebtedness thereunder could result in the issuance of more than 50% of the Company’s currently outstanding Common Shares on a non-diluted basis and could cause the Lender to become a new Control Person of the Company. New Risk • Dec 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.4m (US$9.79m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (CA$13.4m market cap, or US$9.79m). Minor Risk Revenue is less than US$5m (US$4.0m revenue). 
