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Tantalus Systems Holding Inc.TSX:GRID Stock Report

Market Cap CA$226.4m
Share Price
CA$4.27
n/a
1Y144.0%
7D-0.9%
Portfolio Value
View

Tantalus Systems Holding Inc.

TSX:GRID Stock Report

Market Cap: CA$226.4m

Tantalus Systems Holding (GRID) Stock Overview

A technology company, provides smart grid solutions in Canada and the United States. More details

GRID fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance0/6
Financial Health6/6
Dividends0/6

GRID Community Fair Values

Create Narrative

See what 21 others think this stock is worth. Follow their fair value or set your own to get alerts.

Tantalus Systems Holding Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Tantalus Systems Holding
Historical stock prices
Current Share PriceCA$4.27
52 Week HighCA$4.54
52 Week LowCA$1.65
Beta0.38
1 Month Change-1.16%
3 Month Change43.77%
1 Year Change144.00%
3 Year Change477.03%
5 Year Changen/a
Change since IPO23.77%

Recent News & Updates

Tantalus Systems Holding Inc. (TSE:GRID) Stock Catapults 26% Though Its Price And Business Still Lag The Industry

Sep 27
Tantalus Systems Holding Inc. (TSE:GRID) Stock Catapults 26% Though Its Price And Business Still Lag The Industry

Recent updates

Tantalus Systems Holding Inc. (TSE:GRID) Stock Catapults 26% Though Its Price And Business Still Lag The Industry

Sep 27
Tantalus Systems Holding Inc. (TSE:GRID) Stock Catapults 26% Though Its Price And Business Still Lag The Industry

The Return Trends At Tantalus Systems Holding (TSE:GRID) Look Promising

Sep 05
The Return Trends At Tantalus Systems Holding (TSE:GRID) Look Promising

Is Tantalus Systems Holding (TSE:GRID) Using Debt In A Risky Way?

Jun 26
Is Tantalus Systems Holding (TSE:GRID) Using Debt In A Risky Way?

Market Participants Recognise Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Pushing Shares 27% Higher

Jun 26
Market Participants Recognise Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Pushing Shares 27% Higher
User avatar

Grid Modernization And Electrification Will Create New Utility Opportunities

Strong revenue growth and increased orders indicate rising demand and promising future revenue for Tantalus' grid modernization platform.

Is Tantalus Systems Holding (TSE:GRID) Using Debt Sensibly?

Mar 23
Is Tantalus Systems Holding (TSE:GRID) Using Debt Sensibly?

Here's Why Tantalus Systems Holding (TSE:GRID) Can Afford Some Debt

Jan 23
Here's Why Tantalus Systems Holding (TSE:GRID) Can Afford Some Debt

Investors Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues

Dec 17
Investors Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues

Tantalus Systems Holding Inc. (TSE:GRID) Might Not Be As Mispriced As It Looks

Aug 16
Tantalus Systems Holding Inc. (TSE:GRID) Might Not Be As Mispriced As It Looks

Investors Still Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Despite 26% Price Jump

Apr 19
Investors Still Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Despite 26% Price Jump

Does Tantalus Systems Holding (TSE:GRID) Have A Healthy Balance Sheet?

Mar 29
Does Tantalus Systems Holding (TSE:GRID) Have A Healthy Balance Sheet?

Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Are Not Doing Enough For Some Investors

Mar 01
Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Are Not Doing Enough For Some Investors

Sentiment Still Eluding Tantalus Systems Holding Inc. (TSE:GRID)

Oct 17
Sentiment Still Eluding Tantalus Systems Holding Inc. (TSE:GRID)

Earnings Release: Here's Why Analysts Cut Their Tantalus Systems Holding Inc. (TSE:GRID) Price Target To CA$2.80

Mar 27
Earnings Release: Here's Why Analysts Cut Their Tantalus Systems Holding Inc. (TSE:GRID) Price Target To CA$2.80

Shareholder Returns

GRIDCA ElectronicCA Market
7D-0.9%-6.0%-0.2%
1Y144.0%215.6%20.4%

Return vs Industry: GRID underperformed the Canadian Electronic industry which returned 217.8% over the past year.

Return vs Market: GRID exceeded the Canadian Market which returned 20.9% over the past year.

Price Volatility

Is GRID's price volatile compared to industry and market?
GRID volatility
GRID Average Weekly Movement9.5%
Electronic Industry Average Movement9.8%
Market Average Movement10.2%
10% most volatile stocks in CA Market20.5%
10% least volatile stocks in CA Market3.2%

Stable Share Price: GRID has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: GRID's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a134Pete Londatantalus.com

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 Infrastructure, and Utility Software Applications and Services. The Connected Devices and Infrastructure segment sells computing modules used into multiple devices, including meters, sensors, and street lighting fixtures, as well as distributes automation equipment.

Tantalus Systems Holding Inc. Fundamentals Summary

How do Tantalus Systems Holding's earnings and revenue compare to its market cap?
GRID fundamental statistics
Market capCA$226.37m
Earnings (TTM)-CA$1.22m
Revenue (TTM)CA$71.59m
3.1x
P/S Ratio
-180.4x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRID income statement (TTM)
RevenueUS$51.78m
Cost of RevenueUS$23.94m
Gross ProfitUS$27.84m
Other ExpensesUS$28.72m
Earnings-US$880.72k

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.017
Gross Margin53.77%
Net Profit Margin-1.70%
Debt/Equity Ratio102.7%

How did GRID perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/05 06:56
End of Day Share Price 2025/12/05 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tantalus Systems Holding Inc. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gabriel LeungBeacon Securities Limited
Yuri LynkCanaccord Genuity
Nicholas BoychukCormark Securities Inc.