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ReVolve Renewable Power Corp
(REVV)
ReVolve Renewable Power Corp (REVV) vs. iShares MSCI Canada ETF (EWC)
ReVolve Renewable Power Corp Business Overview & Revenue Model
ReVolve Renewable Power Corp Financial Statement Overview
| Breakdown | TTM | Sep 2024 | Sep 2023 | Sep 2022 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.99M | 4.06M | 6.74M | 1.11M | 0.00 | 0.00 |
| Gross Profit | 3.07M | 2.58M | 6.44M | 944.08K | 0.00 | -15.36K |
| EBITDA | 220.88K | -399.95K | 3.18M | -2.14M | -3.16M | -1.15M |
| Net Income | -2.02M | ― | 2.34M | -2.35M | -6.34M | 334.86K |
Balance Sheet | ||||||
| Total Assets | 14.35M | 23.56M | 18.55M | 5.93M | 4.57M | 663.66K |
| Cash, Cash Equivalents and Short-Term Investments | 361.21K | 1.95M | 3.18M | 611.92K | 2.55M | 377.06K |
| Total Debt | 9.21M | 17.42M | 10.22M | 2.61M | 1.24M | 0.00 |
| Total Liabilities | 11.99M | 20.83M | 13.55M | 5.58M | 1.64M | 103.26K |
| Stockholders Equity | 3.01M | 3.32M | 4.57M | 535.96K | 3.08M | 587.22K |
Cash Flow | ||||||
| Free Cash Flow | -1.91M | -1.26M | 852.92K | -2.52M | -3.03M | -58.04K |
| Operating Cash Flow | -712.70K | -870.39K | 1.23M | -990.80K | -2.93M | -58.04K |
| Investing Cash Flow | -883.91K | -920.91K | -3.04M | -2.23M | 668.94K | -250.00K |
| Financing Cash Flow | -872.24K | -166.61K | 4.31M | 1.41M | 4.92M | 0.00 |
ReVolve Renewable Power Corp Technical Analysis
ReVolve Renewable Power Corp Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | C$251.36M | -64.76 | -1.09% | 7.11% | 8.26% | -267.17% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | C$43.99M | -9.16 | 33.20% | ― | ― | -51.92% | |
50 Neutral | C$239.38M | -42.15 | 8.61% | ― | -30.92% | ― | |
46 Neutral | C$15.09M | -5.14 | -69.20% | ― | -31.40% | -354.49% | |
45 Neutral | C$51.89M | -4.88 | -24.57% | ― | -19.22% | 11.82% | |
42 Neutral | C$19.81M | -2.94 | -181.42% | ― | ― | -37.48% |
ReVolve Renewable Power Corp Corporate Events
Revolve Renewable Power Corp. has started construction on a 2.8 MW portfolio of 16 distributed generation solar projects in Mexico for a national department store chain, adding to its existing 3 MW of operating assets in the country. The projects, expected to be fully operational by August 2026, are projected to generate between US$620,000 and US$922,000 in annual revenue and US$533,000 to US$794,000 in annual EBITDA from electricity sales.
Funded through a mix of balance sheet cash and project-level debt, the US$2.7 million portfolio marks Revolve’s first set of projects with partner RER Energy under an initial 5 MW pipeline. The move strengthens the company’s recurring revenue base and positions it to capture growth in Mexico’s rapidly expanding distributed generation market, which is being driven by corporate decarbonization efforts, nearshoring and national renewable energy targets.
The most recent analyst rating on (TSE:REVV) stock is a Hold with a C$0.18 price target. To see the full list of analyst forecasts on ReVolve Renewable Power Corp stock, see the TSE:REVV Stock Forecast page.
Revolve Renewable Power Corp. has begun construction on a 2.8 MW portfolio of 16 distributed generation solar projects in Mexico for a national department store chain, adding to its existing 3 MW of operating assets in the country. Backed by recently executed power purchase, EPC and O&M agreements, the US$2.7 million portfolio is expected to be fully online by August 2026 and generate an estimated US$620,000 to US$922,000 in annual revenue, bolstering the company’s recurring cash flow.
The projects mark the first portfolio developed under Revolve’s Mexican partnership with RER Energy and form part of an initial 5 MW pipeline in a rapidly expanding distributed generation market. With Mexico’s behind-the-meter solar segment growing strongly on decarbonization goals, nearshoring demand and national renewable targets, the deal strengthens Revolve’s position in a key growth market and is intended to streamline future project deployments through standardized documentation and processes.
The most recent analyst rating on (TSE:REVV) stock is a Hold with a C$0.18 price target. To see the full list of analyst forecasts on ReVolve Renewable Power Corp stock, see the TSE:REVV Stock Forecast page.
Revolve Renewable Power Corp., a North American renewable energy developer and operator, focuses on utility-scale wind, solar, hydro and battery storage projects, as well as sub-20 MW distributed generation in the U.S., Canada and Mexico. Its current portfolio spans 13 MW of operating assets under long-term contracts and a development pipeline exceeding 3,000 MW, supported by an experienced team that has previously developed and sold over 1,550 MW of projects.
The company announced that its 15.7 MW Bright Meadows Solar Project in Alberta has completed Stage 2 of the Alberta Electric System Operator cluster assessment and entered Stage 3 of the interconnection process. This transition marks a key de-risking and execution milestone, confirming the project’s technical viability, enabling progress toward a power purchase agreement and final grid connection, and positioning the project favorably amid tightening interconnection capacity as it advances toward construction.
The most recent analyst rating on (TSE:REVV) stock is a Hold with a C$0.18 price target. To see the full list of analyst forecasts on ReVolve Renewable Power Corp stock, see the TSE:REVV Stock Forecast page.
Revolve Renewable Power Corp. reported a 15% year-over-year increase in recurring revenue to $717,457 in its fiscal Q2 2026, driven entirely by its 13-megawatt operating asset portfolio, alongside a 17% rise in energy production and a narrowed quarterly net loss. The company continued to invest in its development pipeline, maintained a strong gross margin and ended the quarter with $1.49 million in cash and security deposits, underscoring a strategy focused on scaling long-term recurring cash flows.
Operationally, Revolve advanced several North American projects, notably securing a final generation permit for its 130-megawatt El 24 Wind Farm in Tamaulipas, Mexico, one of only a handful of wind projects to receive such approval nationwide. Subsequent to quarter-end, the company closed a US$40 million strategic financing with U.S.-based Callaway, providing initial funding of US$10 million to accelerate its 3-gigawatt development portfolio, transition more projects into operating assets and strengthen its position as a growing North American renewable energy player.
The most recent analyst rating on (TSE:REVV) stock is a Hold with a C$0.19 price target. To see the full list of analyst forecasts on ReVolve Renewable Power Corp stock, see the TSE:REVV Stock Forecast page.
Revolve Renewable Power Corp. has closed an initial US$10 million advance under a secured convertible credit agreement with Callaway Capital Management, the first part of up to US$40 million in strategic financing. The initial funds fall within a US$20 million Tranche A that is convertible into common shares at a set price and carries 15% payment-in-kind interest, giving Revolve added capital flexibility to progress its extensive development pipeline and support acquisitions.
As part of the financing, Revolve has pledged shares in key subsidiaries as collateral and granted Callaway significant governance rights, including the ability to nominate up to four of seven directors and the chairs of key board committees. The anticipated reconstitution of the board following the upcoming shareholder meeting is expected to deepen expertise in infrastructure investing and renewables, strengthening oversight as the company scales its platform across North America.
The most recent analyst rating on (TSE:REVV) stock is a Hold with a C$0.19 price target. To see the full list of analyst forecasts on ReVolve Renewable Power Corp stock, see the TSE:REVV Stock Forecast page.
Revolve Renewable Power Corp. has completed a key step in the interconnection process for its 130 MW EL 24 Wind Farm in Tamaulipas, Mexico, by formally requesting an interconnection agreement from the state utility Comisión Federal de Electricidad. Having met all regulatory and technical conditions, including a generation permit and financial guarantees, the company expects the final interconnection agreement to be executed by early Q2 2026.
The EL 24 project is now considered a late-stage, de-risked utility-scale asset within Revolve’s development portfolio, with a target ready-to-build date by the end of 2026. To support the interconnection request, Revolve issued a MX$40 million letter of credit backed by an expanded Export Development Canada security guarantee facility, strengthening its financial flexibility and positioning the company to secure project financing and capitalize on growing renewable energy demand in Mexico.
The most recent analyst rating on (TSE:REVV) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on ReVolve Renewable Power Corp stock, see the TSE:REVV Stock Forecast page.
Revolve Renewable Power Corp., a North American renewable energy company focused on utility‑scale wind, solar, hydro and battery storage projects as well as smaller distributed generation assets, operates 13 MW of contracted capacity in Canada and Mexico and is developing more than 3,000 MW of large projects plus over 140 MW of distributed generation. The business has a history of monetizing projects, having developed and sold more than 1,550 MW to major utility‑scale operators.
Revolve has secured final approval to list its common shares on the Canadian Securities Exchange, with trading set to begin on February 19, 2026, while its shares will be voluntarily delisted from the TSX Venture Exchange the prior day. The company expects the move to the CSE to lower filing, compliance and legal costs while maintaining its reporting issuer status and ticker symbol, a shift aimed at enhancing shareholder value without requiring any action from investors.
The most recent analyst rating on (TSE:REVV) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on ReVolve Renewable Power Corp stock, see the TSE:REVV Stock Forecast page.
Revolve Renewable Power Corp has entered into a secured convertible credit agreement with Callaway Capital Management for up to US$40 million in financing, structured in two US$20 million tranches, to provide long-term capital security and balance sheet strength. The four-year facility, which includes equity conversion features at premium pricing and requires Revolve to migrate its listing from the TSX Venture Exchange to the Canadian Securities Exchange before the initial draw, is intended to remove capital constraints, accelerate the development of its 3 GW renewable energy portfolio, support selective acquisitions and project advancement in high-demand North American power markets, and position the company as a larger player in the region’s growing clean energy and digital infrastructure sectors.
The most recent analyst rating on (TSE:REVV) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on ReVolve Renewable Power Corp stock, see the TSE:REVV Stock Forecast page.
Revolve Renewable Power has obtained a final generation permit from Mexico’s federal energy regulator for its 130 MW El 24 onshore wind project in Tamaulipas, one of only five wind projects nationwide to receive such approval. The permit marks a critical step toward ready-to-build status, significantly reducing development risk and enhancing the project’s bankability, enabling Revolve to move ahead with final engineering, interconnection agreements, and commercial structuring, with RTB targeted for late 2026 and commercial operations in 2028. The company is also evaluating entry of its 400 MW Presa Nueva wind project into Mexico’s new accelerated permitting framework, part of a broader national plan to add nearly 6 GW of private-sector wind and solar capacity by 2030, strengthening Revolve’s position as a key private player in the country’s expanding renewable power market.
The most recent analyst rating on (TSE:REVV) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on ReVolve Renewable Power Corp stock, see the TSE:REVV Stock Forecast page.