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The latest announcement is out from Eguana Technologies ( (TSE:EGT) ).
Eguana Technologies reported a significant increase in revenue and gross margin for Q2 2025, attributed to strategic cost reductions and a transition into utility channels. Despite a negative working capital position, the company is actively engaging in utility projects and partnerships, including a strategic investment extension with ITOCHU Corporation, to strengthen its market presence and operational capabilities.
More about Eguana Technologies
Eguana Technologies Inc. is a leading provider of high-performance energy storage systems, focusing on utility channels and distributed energy storage solutions. The company is involved in projects across North America, including Canada and the USA, and aims to leverage Canadian-made technology to enhance grid resilience.
Average Trading Volume: 23,655
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$3.62M
See more insights into EGT stock on TipRanks’ Stock Analysis page.