| 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 has launched Hypercorp Energy Solutions, a new energy services initiative that expands its business beyond EV charging into the global battery energy storage market, estimated at around US$40 billion. Hypercorp will offer an integrated platform combining battery energy storage systems, the Equion energy management software, and professional services to help commercial, fleet, and multi-family properties generate, store, and optimize energy, initially targeting Hypercharge’s existing North American customer base. The platform is designed to address grid constraints, rising electricity costs, and growing electrification demand by enabling customers to add more EV chargers and other high-capacity electrical equipment without costly infrastructure upgrades, while also supporting peak shaving, time-of-use optimization, and potential participation in demand response programs. Management positions the initiative as a move to place Hypercharge at the center of the energy transition and build a more scalable, recurring revenue model, reinforcing its role as a solutions provider for constrained sites needing resilient, software-driven energy strategies.
The most recent analyst rating on (TSE:HC) stock is a Hold with a C$0.08 price target. To see the full list of analyst forecasts on Hypercharge Networks Corp. stock, see the TSE:HC Stock Forecast page.
Hypercharge Networks Corp. has promoted Chris Koch, previously Head of Growth & Partnerships, to Chief Operating Officer, expanding his remit to oversee sales, fulfillment and professional services while driving growth in Eastern Canada and the United States and advancing large strategic partnerships. The company also engaged Edmonton-based Peterson Capital for a year-long investor relations mandate worth CAD$100,000, granted 500,000 stock options in connection with the engagement, and clarified the terms of commissions and broker warrants paid in its recent private placement, moves that collectively aim to strengthen Hypercharge’s operational leadership, capital markets profile and capacity to scale in the competitive EV charging market.
The most recent analyst rating on (TSE:HC) stock is a Hold with a C$0.08 price target. To see the full list of analyst forecasts on Hypercharge Networks Corp. stock, see the TSE:HC Stock Forecast page.
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.