Tantalus Systems Holding Inc.

TSX:GRID Stock Report

Market Cap: CA$100.7m

Tantalus Systems Holding Past Earnings Performance

Past criteria checks 0/6

Tantalus Systems Holding's earnings have been declining at an average annual rate of -11.3%, while the Electronic industry saw earnings growing at 32% annually. Revenues have been growing at an average rate of 5.1% per year.

Key information

-11.3%

Earnings growth rate

-9.7%

EPS growth rate

Electronic Industry Growth18.2%
Revenue growth rate5.1%
Return on equity-19.0%
Net Margin-2.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

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

Revenue & Expenses Breakdown

How Tantalus Systems Holding makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:GRID Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2442-1158
30 Jun 2441-2148
31 Mar 2441-2148
31 Dec 2342-2148
30 Sep 2344-3168
30 Jun 2343-4167
31 Mar 2341-5167
31 Dec 2240-5158
30 Sep 2235-8177
30 Jun 2235-8167
31 Mar 2233-6146
31 Dec 2132-7145
30 Sep 2134-6115
30 Jun 2134-3105
31 Mar 2134-1104
31 Dec 20331104
30 Sep 2034394
31 Dec 1942-1115
31 Dec 1840-1125
31 Dec 1732-17104

Quality Earnings: GRID is currently unprofitable.

Growing Profit Margin: GRID is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GRID is unprofitable, and losses have increased over the past 5 years at a rate of 11.3% per year.

Accelerating Growth: Unable to compare GRID's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GRID is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (86%).


Return on Equity

High ROE: GRID has a negative Return on Equity (-19.04%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 21:58
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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.

AnalystInstitution
Gabriel LeungBeacon Securities Limited
Yuri LynkCanaccord Genuity
Jesse PytlakCormark Securities Inc.