Tantalus Systems Holding (GRID) AI Stock Analysis

• Market Cap: C$116.78M
• Dividend Yield: N/A
• Average Volume (3M): 107.34K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.47
• Revenue Growth: 17.51%
• EPS Growth: -2.94%
• Country: CA
• Employees: 134
• Sector: Industrials
• Sector Strength: 88
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.01
• Shares Outstanding: 48,860,348
• 10 Day Avg. Volume: 169,234
• 30 Day Avg. Volume: 107,338
• PEG Ratio: -0.88
• Price to Book (P/B): 8.32
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -73.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$3.25
• Price Target Upside: 41.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Tantalus Systems Holding reflects a balanced outlook with moderate financial performance and positive technical indicators. The company's strong cash flow and recent corporate events highlight growth potential. However, profitability challenges and high leverage pose risks, impacting the overall score. Improvements in profitability and valuation could enhance the stock's attractiveness.

Tantalus Systems Holding Business Overview & Revenue Model

Company Description

Tantalus Systems Holding Inc. (GRID) is a technology company that specializes in developing smart grid solutions for electric, water, and gas utilities. The company's core products and services include advanced metering infrastructure (AMI), demand management solutions, and data analytics tools that help utility companies optimize their operations, improve resource efficiency, and enhance customer engagement. Tantalus Systems focuses on providing utilities with actionable insights and reliable communication networks to build sustainable and resilient smart grids.

How the Company Makes Money

Tantalus Systems generates revenue primarily through the sale of its smart grid solutions to utility companies. The company's key revenue streams include the sales of hardware components such as smart meters and communication devices, software licenses for its data analytics and management platforms, and recurring revenue from maintenance, support, and professional services. Tantalus Systems also engages in strategic partnerships with technology providers and utility companies to enhance its product offerings and expand its market reach. These collaborations contribute to its earnings by broadening its customer base and increasing the adoption of its solutions.

Tantalus Systems Holding Financial Statement Overview

Summary

Tantalus Systems Holding faces financial challenges with declining revenues, negative profit margins, and high leverage. Improvements in equity and financing cash flows are noted, but overall financial health remains weak.

Income Statement

Tantalus Systems Holding has shown a decrease in total revenue over the TTM period compared to the previous year, indicating a negative revenue growth trend. Both gross profit and net income margins remain negative, which signifies ongoing challenges in profitability. The company's EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The company exhibits a high debt-to-equity ratio, primarily due to substantial debt levels compared to its equity. Stockholders' equity has significantly increased over the TTM period, but remains a small portion of total assets, indicating potential financial instability. Return on equity is negative, further highlighting challenges in generating shareholder value.

Cash Flow

Free cash flow has improved slightly over the TTM period but remains negative, indicating cash outflows in operations. The operating cash flow to net income ratio demonstrates the company's struggles to convert income into cash flow effectively. Despite these challenges, there is a positive trend in financing cash flow, suggesting potential investment or restructuring efforts.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
42.09M	42.15M	39.60M	32.17M	33.05M	41.59M
	Gross Profit
22.76M	21.86M	18.90M	14.35M	16.12M	18.38M
	EBIT
-1.95M	-2.29M	-5.69M	-6.24M	316.52K	552.11K
	EBITDA
-401.09K	1.52M	-3.91M	-4.90M	1.26M	1.40M
	Net Income Common Stockholders
-1.23M	-1.69M	-5.20M	-7.02M	1.48M	-605.92K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.37M	5.15M	5.85M	14.20M	4.65M	5.37M
	Total Assets
20.14M	34.80M	37.36M	31.03M	23.53M	20.14M
	Total Debt
9.10M	14.37M	13.84M	12.11M	8.66M	9.10M
	Net Debt
3.73M	9.21M	7.99M	-2.10M	4.01M	3.73M
	Total Liabilities
23.00M	32.48M	33.78M	24.24M	25.84M	23.00M
	Stockholders Equity
-2.86M	2.32M	3.58M	6.79M	-2.31M	-2.86M
Cash Flow		Free Cash Flow
-779.33K	-1.11M	-3.58M	-4.54M	410.12K	2.37M
	Operating Cash Flow
-579.82K	-839.72K	-3.40M	-4.01M	910.72K	3.20M
	Investing Cash Flow
-199.51K	-269.36K	-5.86M	-188.14K	-854.01K	-1.09M
	Financing Cash Flow
6.90M	403.69K	1.07M	13.75M	-773.59K	-448.91K

Tantalus Systems Holding Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.29
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GRID, the sentiment is Positive. The current price of 2.29 is above the 20-day moving average (MA) of 2.23, above the 50-day MA of 2.00, and above the 200-day MA of 1.78, indicating a bullish trend. The MACD of 0.11 indicates Positive momentum. The RSI at 60.16 is Neutral, neither overbought nor oversold. The STOCH value of 34.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GRID.

Tantalus Systems Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CLS	77 Outperform	$18.24B	31.24	25.87%	―	24.94%	42.45%
OTEX	74 Outperform	$10.18B	11.56	15.87%	3.71%	-8.74%	307.82%
BLN	68 Neutral	C$628.33M	―	-14.10%	―	31.68%	67.90%
Sector *	64 Neutral	$4.39B	12.06	5.17%	249.63%	4.03%	-11.04%
GRID	61 Neutral	C$116.78M	―	-45.20%	―	17.51%	-2.94%
ESI	55 Neutral	C$379.32M	14.37	-1.17%	―	-2.85%	-144.20%
DYA	40 Underperform	C$76.06M	―	-1898.77%	―	408.78%	-20.74%

Tantalus Systems Holding Corporate Events

Tantalus Systems Sees Revenue Growth and Expands Market Presence in Q1 2025

Tantalus Systems reported a 27% increase in revenue for Q1 2025, reaching $11.9 million, driven by growth in connected devices and utility software applications. The company improved its gross profit margin to 55% and reduced its net loss to $651,000. Positive cash flow from operations and increased liquidity were also noted. Key developments included significant sales order conversions, expansion of the user community, and leadership team appointments. The company also qualified for the OTCQX Best Market. However, potential challenges include new U.S. tariffs on imports from the Philippines, which could impact the company’s financial condition.

Spark’s Take on TSE:GRID Stock

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

Tantalus Systems Holding shows potential for growth driven by strong corporate events and moderate technical indicators. However, the company’s financial performance is hindered by profitability challenges and high leverage. The valuation is also a concern due to the negative P/E ratio. Overall, the stock reflects a balanced outlook with room for improvement in profitability and valuation.

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

Tantalus Systems Highlights Urgent Need for Grid Modernization in Latest Survey

Tantalus Systems has released its third annual Utility of the Future Survey, highlighting that grid modernization remains a priority for 74% of utilities surveyed, yet only a small fraction feel prepared to tackle associated challenges such as grid data management and cybersecurity. The survey underscores the increasing demand for support from trusted vendors like Tantalus, as utilities face rising concerns about extreme weather, economic volatility, and meeting customer expectations for grid reliability and resilience.

Spark’s Take on TSE:GRID Stock

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

Tantalus Systems Holding shows potential for growth driven by strong corporate events and moderate technical indicators. However, the company’s financial performance is hindered by profitability challenges and high leverage. The valuation is also a concern due to the negative P/E ratio. Overall, the stock reflects a balanced outlook with room for improvement in profitability and valuation.

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

Tantalus Systems to Announce Q1 2025 Financial Results

Tantalus Systems announced it will release its first-quarter 2025 financial results on May 7, 2025, and will host a conference call and webcast on May 8, 2025, to discuss the results. This announcement is part of Tantalus’s ongoing efforts to keep stakeholders informed about its financial performance and strategic direction, potentially impacting its market positioning and investor relations.

Spark’s Take on TSE:GRID Stock

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

Tantalus Systems Holding shows potential for growth driven by strong corporate events and moderate technical indicators. However, the company’s financial performance is hindered by profitability challenges and high leverage. The valuation is also a concern due to the negative P/E ratio. Overall, the stock reflects a balanced outlook with room for improvement in profitability and valuation.

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

Tantalus Systems Partners with RMLD for Grid Modernization

Tantalus Systems has partnered with Reading Municipal Light Department (RMLD) to modernize its distribution grid in Massachusetts. This collaboration will utilize Tantalus’ Grid Modernization Platform to enhance grid reliability, efficiency, and sustainability, supporting RMLD’s mission to provide reliable, low-cost, and non-carbon energy. The deployment of Tantalus’ technology will improve data interoperability, operational efficiency, and support the integration of distributed energy resources and electric vehicles, ultimately benefiting RMLD’s operations and customer satisfaction.

Tantalus Systems Achieves Record Revenue and Growth in 2024

Tantalus Systems reported record revenue and positive adjusted EBITDA for 2024, with a 21% increase in Q4 revenue and a 5.1% growth for the year. The company achieved significant milestones, including a 46% growth in sales orders and the addition of 31 new utility customers. Tantalus is well-positioned for continued growth in 2025, driven by its TRUSense Gateway and efforts to support utilities in grid modernization.

Tantalus Systems Strengthens Leadership with New COO Appointment

Tantalus Systems has appointed Christopher Allen as Chief Operating Officer and Executive Vice President of Solution Strategy, effective February 24, 2025. With 30 years of experience in high-growth technology sectors, Allen’s expertise is expected to strengthen Tantalus’s leadership team as the company launches new solutions like TRUSense Gateway™ and TRUSync™. This strategic leadership expansion, including recent additions of a new CFO and directors, positions Tantalus for accelerated growth and continued success in the grid modernization market.

Tantalus Systems to Announce Year-End 2024 Financial Results

Tantalus Systems has announced that it will release its fourth quarter and year-end 2024 audited financial results on March 19, 2025, followed by a conference call and webcast on March 20. This announcement highlights Tantalus’s commitment to transparency and allows stakeholders to gain insights into the company’s financial performance and strategic direction, which can impact its operational positioning and market perception in the utilities technology sector.