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Tantalus Systems Holding TSX:GRID Stock Report

Last Price

CA$1.92

Market Cap

CA$94.6m

7D

6.7%

1Y

5.5%

Updated

14 Apr, 2025

Data

Company Financials +

Tantalus Systems Holding Inc.

TSX:GRID Stock Report

Market Cap: CA$94.6m

GRID Stock Overview

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

GRID fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Community vs My Fair Value

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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$1.92
52 Week HighCA$2.37
52 Week LowCA$1.20
Beta0.28
1 Month Change7.87%
3 Month Change-4.48%
1 Year Change5.49%
3 Year Change23.87%
5 Year Changen/a
Change since IPO-44.35%

Recent News & Updates

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

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

Recent updates

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
7D6.7%9.0%3.0%
1Y5.5%72.6%6.0%

Return vs Industry: GRID underperformed the Canadian Electronic industry which returned 72.6% over the past year.

Return vs Market: GRID matched the Canadian Market which returned 6% over the past year.

Price Volatility

Is GRID's price volatile compared to industry and market?
GRID volatility
GRID Average Weekly Movement6.3%
Electronic Industry Average Movement14.0%
Market Average Movement9.4%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market3.9%

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 (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a134Pete Londawww.tantalus.com

Tantalus Systems Holding Inc., a technology company, offers smart grid solutions Canada and the United States. It operates through 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$94.57m
Earnings (TTM)-CA$3.65m
Revenue (TTM)CA$61.47m

1.6x

P/S Ratio

-26.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRID income statement (TTM)
RevenueUS$44.31m
Cost of RevenueUS$20.29m
Gross ProfitUS$24.02m
Other ExpensesUS$26.65m
Earnings-US$2.63m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.052
Gross Margin54.21%
Net Profit Margin-5.93%
Debt/Equity Ratio152.5%

How did GRID perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/14 23:42
End of Day Share Price 2025/04/14 00:00
Earnings2024/12/31
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.