Tantalus Systems Sees Record Revenue Growth in Q2 2025

Tantalus Systems Holding ( (TSE:GRID) ) has shared an announcement.

Tantalus Systems reported a 22% year-over-year revenue growth to $13.1 million in Q2 2025, driven by both its Connected Devices and Software and Services segments, and the growing momentum of its TRUSense Gateway. The company achieved a 53% gross profit margin, though it recorded a net loss of $903,000, an improvement from the previous year. Tantalus also reported a positive adjusted EBITDA of $510,000 and a liquidity of $19.7 million. The company converted $24.6 million in orders during the quarter, marking a record high, and added four new utilities to its user community. The TRUSense Gateway has been adopted by 45 utilities, enhancing Tantalus’ market position in grid modernization.

The most recent analyst rating on (TSE:GRID) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on Tantalus Systems Holding stock, see the TSE:GRID Stock Forecast page.

Spark’s Take on TSE:GRID Stock

According to Spark, TipRanks’ AI Analyst, TSE:GRID is a Neutral.

The overall stock score of 61 reflects strong corporate events and positive technical indicators, offset by weak valuation due to negative earnings and a challenging financial performance with high debt levels. The stock benefits from strategic partnerships and grid modernization efforts, but profitability issues remain a concern.

To see Spark’s full report on TSE:GRID stock, click here.

More about Tantalus Systems Holding

Tantalus Systems is a technology company focused on helping utilities modernize their distribution grids by leveraging data. It operates in the utility sector, offering products and services like Connected Devices & Infrastructure and Utility Software Applications & Services, with a market focus on grid modernization.

Average Trading Volume: 88,426

Technical Sentiment Signal: Buy

Current Market Cap: C$156.2M

For a thorough assessment of GRID stock, go to TipRanks’ Stock Analysis page.