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Hypercharge Networks Corp.
(HC)
Hypercharge Networks Corp. (HC) vs. iShares MSCI Canada ETF (EWC)
Hypercharge Networks Corp. Business Overview & Revenue Model
Hypercharge Networks Corp. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.56M | 10.06M | 3.07M | 3.41M | 484.22K | 0.00 |
| Gross Profit | 2.88M | 2.28M | 984.77K | 530.15K | 168.70K | -150.00 |
| EBITDA | -2.93M | -4.04M | -8.03M | -7.40M | -9.47M | -871.48K |
| Net Income | -3.11M | -4.30M | -8.00M | -7.63M | -9.64M | -878.04K |
Balance Sheet | ||||||
| Total Assets | 5.39M | 6.24M | 6.00M | 6.40M | 9.30M | 3.28M |
| Cash, Cash Equivalents and Short-Term Investments | 1.09M | 862.50K | 2.50M | 2.69M | 1.12M | 3.02M |
| Total Debt | 17.85K | 49.77K | 252.53K | 529.29K | 315.11K | 0.00 |
| Total Liabilities | 4.27M | 5.62M | 2.50M | 1.90M | 1.34M | 1.04M |
| Stockholders Equity | 1.12M | 621.54K | 3.51M | 4.50M | 7.96M | 2.25M |
Cash Flow | ||||||
| Free Cash Flow | -2.99M | -2.43M | -5.53M | -3.78M | -4.73M | -386.41K |
| Operating Cash Flow | -2.96M | -2.35M | -5.34M | -3.75M | -4.57M | -383.71K |
| Investing Cash Flow | -29.03K | -47.25K | -36.44K | 18.69K | -240.07K | -226.04K |
| Financing Cash Flow | 1.64M | 775.41K | 5.19M | -151.65K | 8.58M | 3.47M |
Hypercharge Networks Corp. Technical Analysis
Hypercharge Networks Corp. Peers Comparison
Hypercharge Networks Corp. Corporate Events
Hypercharge Networks Corp. reported its second-highest quarterly revenue and gross profit in its history for the second quarter of fiscal 2026, with revenue reaching $3.7 million and gross profit at $0.9 million. The company reduced its net and comprehensive loss by 63% year-over-year, attributed to improved operational efficiency and cost management. Hypercharge delivered 319 new charging ports, including 48 DC fast charging ports, and expanded its user base significantly. Despite challenges in the multi-family building sector, the company is focusing on higher-margin Level 2 charging and expanding its carbon credit program to enhance profitability. The company also strengthened its board and completed a $3.75 million financing to support future growth.
Hypercharge Networks Corp. has successfully closed a brokered private placement offering, raising gross proceeds of $3,750,000. The funds will be used for general working capital and corporate purposes, enhancing the company’s operational capabilities. This move is expected to strengthen Hypercharge’s position in the EV charging industry, with the issuance of 37,500,000 units comprising common shares and warrants. The offering was conducted under the ‘listed issuer financing exemption’ and remains subject to final approval by the TSX Venture Exchange. Notably, insiders Tony Geheran and Jason Baybutt participated in the offering, which was considered a related party transaction.
Hypercharge Networks Corp. has announced a brokered private placement offering of units to raise up to $4 million. This initiative, managed by FMI Securities Inc., aims to enhance the company’s working capital and corporate purposes. The offering includes common shares and warrants, with potential acceleration of warrant expiry based on trading performance. The move is expected to bolster Hypercharge’s financial position and operational capabilities, subject to regulatory approvals.
Hypercharge Networks Corp. has appointed Tony Geheran, a former TELUS Chief Operations Officer, to its board of directors. Geheran brings over 30 years of experience in digital transformation and strategic leadership, which is expected to bolster Hypercharge’s growth and innovation in the EV charging industry. His expertise in building high-performing organizations and understanding digital infrastructure will support Hypercharge’s mission to enhance EV charging and energy management. The company has granted Geheran 500,000 stock options as part of his appointment.