Tantalus Systems Holding (TSE:GRID)
TSX:GRID
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GRID Stock Chart & Stats
C$5.91
-C$0.03(-1.48%)
At close: 4:00 PM EST
C$5.91
-C$0.03(-1.48%)
Day’s Range― - ―
52-Week RangeC$2.60 - C$6.64
Previous CloseN/A
Volume30.00K
Average Volume (3M)90.75K
Market Cap
C$288.73M
Enterprise ValueC$181.56M
Total Cash (Recent Filing)C$31.96M
Total Debt (Recent Filing)C$8.70M
Price to Earnings (P/E)―
Beta0.37
Next Earnings
Aug 11, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding56,282,005
10 Day Avg. Volume69,485
30 Day Avg. Volume90,753
Financial Highlights & Ratios
PEG Ratio2.68
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$8.50Price Target Upside43.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)C$63.25M
Bulls Say, Bears Say
Bulls Say
Gross Margin SustainabilitySustained gross margins near 52% indicate durable unit economics for GRID’s smart-grid hardware and software offerings. High gross margins provide room to invest in R&D and customer support while protecting operating profits as scale increases, supporting multi‑period margin resilience.
Improving Cash GenerationPositive and growing operating and free cash flow despite slight net losses shows the business can self-fund deployments and sustain operations. Reliable FCF improves flexibility for reinvestment, debt reduction, or targeted commercialization over the next several quarters.
Lower Leverage And Balance Sheet ExpansionMaterial reduction in leverage and an expanding asset base materially de-risks capital structure. A stronger balance sheet increases resilience to utility spending cycles, improves access to capital if needed, and gives management room to pursue strategic deployments.
Bears Say
Net Income Still NegativeDespite operating profit improvement, persistent slight net losses keep returns on equity negative. Continued lack of consistent GAAP profitability constrains shareholder returns and leaves outcomes sensitive to non‑operating items and tax/interest variability over coming quarters.
Revenue Cyclicality Tied To Utility CapexSales depend on utility capital spending patterns and long multi‑year rollouts, creating lumpy revenue recognition and project timing risk. This structural cyclicality can delay revenue and margin realization, making growth and planning sensitive to customer budget cycles.
Modest OCF Coverage And Cash Conversion RiskOperating cash flow, while positive, is modest versus revenue and flagged as susceptible to working capital swings. Variable cash conversion increases short‑term liquidity risk during deployments and could require external financing if large contracts compress cash flow unexpectedly.
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$2.60 and its highest was C$6.64 in the past 12 months.
What is Tantalus Systems Holding’s market cap?
Tantalus Systems Holding’s market cap is C$288.73M.
When is Tantalus Systems Holding’s upcoming earnings report date?
Tantalus Systems Holding’s upcoming earnings report date is Aug 11, 2026 which is in 49 days.
How were Tantalus Systems Holding’s earnings last quarter?
Tantalus Systems Holding released its earnings results on May 06, 2026. The company reported -C$0.014 earnings per share for the quarter, missing the consensus estimate of -C$0.007 by -C$0.007.
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 56,282,005 shares outstanding.
What happened to Tantalus Systems Holding’s price movement after its last earnings report?
Tantalus Systems Holding reported an EPS of -C$0.014 in its last earnings report, missing expectations of -C$0.007. Following the earnings report the stock price went down -1.6%.
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
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
C$8.50 (43.82% Upside)
C$8.50 (43.82% Upside)
Blogger Sentiment
Bullish
TSE:GRID Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth C$14.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 6.8%
Last 30 Days ▲ 6.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
126.62%
12-Months-Change
Fundamentals
Return on Equity
-6.81%
Trailing 12-Months
Asset Growth
33.89%
Trailing 12-Months
Company Description
Tantalus Systems Holding
Tantalus Systems Holding Inc., headquartered in Burnaby, Canada, is a prominent smart grid technology provider serving utilities across North America and the Caribbean Basin. The company delivers an extensive portfolio of solutions designed to enhance the reliability, efficiency, and intelligence of electrical distribution grids. Its core offerings include TRUEdge Communication Modules, a Linux-based platform seamlessly integrating with various networked devices like meters, sensors, and switches, facilitating secure, real-time bidirectional data exchange across the utility's infrastructure. Complementing this are Tantalus Utility Network (TUNet) Infrastructure Devices, which collect near real-time operational data and control endpoints to significantly improve grid stability and performance. Tantalus also provides the TRUSense Fiber Gateway for fiber-to-the-home connectivity. On the software front, Tantalus offers TCC, a robust system for accumulating and processing near real-time data transmitted from the TUNet communications network. The TUNet Insight digital user interface serves as a comprehensive visualization tool, empowering utilities to monitor and manage their TUNet system. This interface supports a suite of critical utility applications, including advanced metering infrastructure (AMI), load management, distributed energy resource (DER) integration, grid optimization, and distribution automation. Further enhancing its software capabilities, C.IQ is a platform ensuring interoperability across a wide array of devices, while TRULight Intelligence provides advanced lighting control solutions. Beyond its product suite, Tantalus provides a full spectrum of professional services. These encompass program and project planning, radio frequency propagation and network systems design, system optimization, deployment assistance, third-party software and systems integration, and project management. The company also offers field maintenance, storm restoration, consulting, and training. Additionally, Tantalus delivers comprehensive project management services, including turnkey installations of meters and network infrastructure through strategic partnerships, along with managed services for monitoring TCC and network communications, issuing alerts, and planning disaster recovery. Dedicated technical support services round out their offerings.
GRID Stock 12 Month Forecast
Average Price Target
C$8.50
▲(43.82% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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