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The latest announcement is out from Sharc International Systems Inc ( (TSE:SHRC) ).
SHARC Energy has reported a 19% increase in revenue for the first half of 2025 compared to the same period in 2024, with a total revenue of $1.86 million. The company’s sales order backlog has grown by 3% since May 2025 and represents a 71% improvement over 2024 revenue. SHARC Energy is expanding its footprint in North America with key projects in Ottawa and Vancouver, and is also progressing into new sectors such as wastewater treatment facilities and universities.
Spark’s Take on TSE:SHRC Stock
According to Spark, TipRanks’ AI Analyst, TSE:SHRC is a Neutral.
The overall stock score reflects significant financial and technical challenges. The company’s high leverage and lack of profitability weigh heavily, despite positive corporate developments and potential market expansion.
To see Spark’s full report on TSE:SHRC stock, click here.
More about Sharc International Systems Inc
SHARC International Systems Inc. operates in the renewable energy industry, primarily focusing on wastewater energy transfer systems. The company is involved in developing and implementing solutions that leverage wastewater as a renewable resource, with a market focus on district energy systems and thermal energy networks across North America and globally.
Average Trading Volume: 43,502
Technical Sentiment Signal: Sell
Current Market Cap: C$13.03M
Learn more about SHRC stock on TipRanks’ Stock Analysis page.