Tantalus Systems Holding (TSE:GRID)
TSX:GRID
GRID Stock Chart & Stats
C$4.53
-C$0.03(-1.48%)
At close: 4:00 PM EST
C$4.53
-C$0.03(-1.48%)
Day’s Range― - ―
52-Week RangeC$1.75 - C$5.84
Previous CloseN/A
Volume30.00K
Average Volume (3M)90.75K
Market Cap
C$248.67M
Enterprise ValueC$174.83M
Total Cash (Recent Filing)C$12.60M
Total Debt (Recent Filing)C$8.47M
Price to Earnings (P/E)―
Beta0.36
Next Earnings
May 12, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.00
Shares Outstanding56,007,706
10 Day Avg. Volume69,485
30 Day Avg. Volume90,753
Financial Highlights & Ratios
PEG Ratio2.67
Price to Book (P/B)23.30
Price to Sales (P/S)3.17
P/FCF Ratio43.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$7.00Price Target Upside54.53% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)0.01
Revenue Forecast (FY)C$63.04M
Bulls Say, Bears Say
Bulls Say
Recurring Revenue / ARR GrowthGrowing ARR to $13.5M and rising recurring revenue (24% of quarterly revenue) strengthens revenue predictability and lowers dependency on lumpy capital projects. A larger ARR base supports higher renewal visibility, recurring cash flow and upsell economics over the next 2–6 months.
Improved Cash GenerationSustained positive operating and free cash flow across 2024–2025 indicates stronger cash conversion and internal funding capacity. This durable improvement supports reinvestment in product, service delivery and working capital, and reduces short-term refinancing pressure for a leveraged company.
High And Stable Gross MarginsRobust overall gross margins (55%) and very high Software & Services margins (~74%) point to scalable, high-value software economics. As software and services mix grows, margin expansion and operating leverage can be sustained, improving cash flow resilience and ROI on deployments.
Bears Say
Elevated LeveragePersistently elevated debt relative to equity reduces financial flexibility and raises refinancing and interest-rate exposure. With modest coverage ratios, higher leverage leaves limited room to absorb demand or margin shocks and increases the risk profile over the medium term.
Inconsistent Net ProfitabilityAlthough operating profit turned positive, historical net losses and inconsistent bottom-line results constrain return metrics and accumulated equity. This limits retained-capital growth, can hinder strategic investments, and keeps pressure on investor confidence until profitability is reliably sustained.
Tariff Headwinds And Rising Operating ExpensesOngoing tariff costs plus elevated operating spend for sales and marketing compress product economics and margin durability. If tariffs and higher opex persist, competitive bidding for utility projects and deployment economics could be impaired, slowing scalable margin improvement.
Tantalus Systems Holding News
GRID FAQ
What was Tantalus Systems Holding’s price range in the past 12 months?
Tantalus Systems Holding lowest stock price was C$1.75 and its highest was C$5.84 in the past 12 months.
What is Tantalus Systems Holding’s market cap?
Tantalus Systems Holding’s market cap is C$248.67M.
When is Tantalus Systems Holding’s upcoming earnings report date?
Tantalus Systems Holding’s upcoming earnings report date is May 12, 2026 which is in 45 days.
How were Tantalus Systems Holding’s earnings last quarter?
Tantalus Systems Holding released its earnings results on Mar 18, 2026. The company reported C$0 earnings per share for the quarter, missing the consensus estimate of C$0.003 by -C$0.003.
Is Tantalus Systems Holding overvalued?
According to Wall Street analysts Tantalus Systems Holding’s price is currently Undervalued.
Does Tantalus Systems Holding pay dividends?
Tantalus Systems Holding does not currently pay dividends.
What is Tantalus Systems Holding’s EPS estimate?
Tantalus Systems Holding’s EPS estimate is >-0.01.
How many shares outstanding does Tantalus Systems Holding have?
Tantalus Systems Holding has 56,007,706 shares outstanding.
What happened to Tantalus Systems Holding’s price movement after its last earnings report?
Tantalus Systems Holding reported an EPS of C$0 in its last earnings report, missing expectations of C$0.003. Following the earnings report the stock price went up 2.908%.
Which hedge fund is a major shareholder of Tantalus Systems Holding?
Currently, no hedge funds are holding shares in TSE:GRID
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Tantalus Systems Holding Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$7.00 (54.53% Upside)
C$7.00 (54.53% Upside)
Insider Transactions
Bought Shares
Worth C$319.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 2.6%
Last 30 Days ▲ 2.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
126.62%
12-Months-Change
Fundamentals
Return on Equity
-13.77%
Trailing 12-Months
Asset Growth
-0.68%
Trailing 12-Months
Company Description
Tantalus Systems Holding
Tantalus Systems Holding Inc. operates as a smart grid technology company in North America and the Caribbean Basin. The company offers TRUEdge Communication Modules, a Linux-based platform that is integrated into networked devices, including meters, sensors, controllers, and switches deployed across the utility's distribution grid for real-time two-way secure communication of operational information; Tantalus Utility Network (TUNet) Infrastructure Devices for collecting near real-time data and controlling endpoints to enhance the stability, efficiency, and reliability of their distribution grids; and TRUSense Fiber Gateway, a fiber-to-the-home solution. It also provides TCC that accumulates and processes the data that has been pushed from the TUNet communications network in near real-time; and TUNet Insight, a digital user interface delivering a visualization tool that allows utilities to monitor and control the TUNet system for a suite of utility software applications, including advanced metering infrastructure, load management system and distributed energy resource integration solution; grid optimization and distribution automation solution; C.IQ, a software platform that enables the interoperability of a range of devices; TRULight Intelligence, a lighting control solution. In addition, the company offers professional services, including program and project planning, radio frequency propagation design, network systems design, system optimization, deployment support, third party software and systems integration, project management, field maintenance, storm restoration, consulting services, and training; project management services comprising turnkey installation of meters and network infrastructure using third-party partner installers; managed services, such as monitoring the performance of the TCC and network communications, providing alerts, and planning disaster response; and technical support services. Tantalus Systems Holding Inc. is based in Burnaby, Canada.
GRID Stock 12 Month Forecast
Average Price Target
C$7.00
▲(54.53% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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