GRID Stock Overview
Operates as a smart grid technology company in Canada and the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Tantalus Systems Holding Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.95 |
| 52 Week High | CA$2.06 |
| 52 Week Low | CA$0.77 |
| Beta | 0.41 |
| 1 Month Change | 15.38% |
| 3 Month Change | 27.45% |
| 1 Year Change | 143.75% |
| 3 Year Change | 8.94% |
| 5 Year Change | n/a |
| Change since IPO | -43.48% |
Recent News & Updates
Investors Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues
Dec 17
Tantalus Systems Holding Inc. (TSE:GRID) Might Not Be As Mispriced As It Looks
Aug 16Recent updates
Investors Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues
Dec 17Tantalus Systems Holding Inc. (TSE:GRID) Might Not Be As Mispriced As It Looks
Aug 16Investors Still Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Despite 26% Price Jump
Apr 19Does Tantalus Systems Holding (TSE:GRID) Have A Healthy Balance Sheet?
Mar 29Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Are Not Doing Enough For Some Investors
Mar 01Sentiment Still Eluding Tantalus Systems Holding Inc. (TSE:GRID)
Oct 17Earnings Release: Here's Why Analysts Cut Their Tantalus Systems Holding Inc. (TSE:GRID) Price Target To CA$2.80
Mar 27Shareholder Returns
| GRID | CA Electronic | CA Market | |
|---|---|---|---|
| 7D | 9.6% | 2.8% | -3.7% |
| 1Y | 143.8% | 221.4% | 15.0% |
Return vs Industry: GRID underperformed the Canadian Electronic industry which returned 227.2% over the past year.
Return vs Market: GRID exceeded the Canadian Market which returned 16.7% over the past year.
Price Volatility
| GRID volatility | |
|---|---|
| GRID Average Weekly Movement | 7.5% |
| Electronic Industry Average Movement | 9.4% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in CA Market | 17.6% |
| 10% least volatile stocks in CA Market | 2.9% |
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 (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 134 | Pete Londa | www.tantalus.com |
Tantalus Systems Holding Inc. operates as a smart grid technology company in Canada and the United States. It operates through Connected Devices and Infrastructure, and Utility Software Applications and Services segments. 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
| GRID fundamental statistics | |
|---|---|
| Market cap | CA$100.67m |
| Earnings (TTM) | -CA$1.76m |
| Revenue (TTM) | CA$60.58m |
1.6x
P/S Ratio-56.2x
P/E RatioIs GRID overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GRID income statement (TTM) | |
|---|---|
| Revenue | US$42.09m |
| Cost of Revenue | US$19.34m |
| Gross Profit | US$22.76m |
| Other Expenses | US$23.98m |
| Earnings | -US$1.23m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.024 |
| Gross Margin | 54.06% |
| Net Profit Margin | -2.91% |
| Debt/Equity Ratio | 164.3% |
How did GRID perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 00:11 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Tantalus Systems Holding Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gabriel Leung | Beacon Securities Limited |
| Yuri Lynk | Canaccord Genuity |
| Jesse Pytlak | Cormark Securities Inc. |