| 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. 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.
Hypercharge Networks Corp. reported significant growth in its first quarter fiscal 2026 results, with a 279% increase in revenue to $3.4 million and a 257% rise in gross profit to $0.8 million year-over-year. The company delivered 670 new charging ports and launched the Hypercharge Halo™, a new Level 2 EV charging station, marking a milestone in its product platform expansion. Hypercharge also made progress on key projects, including the delivery of 500 stations at Oakridge Park and a partnership with Auctus Property Fund to deploy 444 stations by Fall 2027. These achievements reflect Hypercharge’s strategic focus on network expansion, recurring revenue growth, and operational efficiency, positioning it as a leader in the North American EV charging market.
Hypercharge Networks Corp. has announced the installation of 49 Level 2 EV charging stations at hue by Marcon, a new residential community in Port Moody, BC. This initiative aligns with Marcon’s focus on sustainability and long-term community value, providing residents with future-ready EV charging solutions. Additionally, Hypercharge has made changes to its board of directors, appointing Malcolm Davidson, a seasoned financial expert, to replace Trent Kitsch. This change is expected to enhance the company’s financial management and corporate governance, supporting its ongoing growth and strategic initiatives.