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Sharc International Systems Inc
(SHRC)
Sharc International Systems Inc (SHRC) vs. iShares MSCI Canada ETF (EWC)
Sharc International Systems Inc Business Overview & Revenue Model
Sharc International Systems Inc Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 2.17M | 1.59M | 1.94M | 2.70M | 630.57K | Gross Profit |
| 914.22K | 656.27K | 560.46K | 991.08K | 273.09K | EBIT |
| -3.69M | -3.53M | -3.84M | -1.97M | -2.51M | EBITDA |
| -3.47M | -3.50M | -3.80M | -1.81M | -1.95M | Net Income Common Stockholders |
| -3.72M | -3.90M | -4.82M | -3.04M | -2.89M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 818.26K | 1.24M | 1.07M | 3.15M | 3.10M | Total Assets |
| 3.91M | 3.46M | 3.15M | 5.97M | 4.37M | Total Debt |
| 2.16M | 141.15K | 3.99M | 4.99M | 5.61M | Net Debt |
| 1.34M | -1.10M | 2.92M | 1.84M | 2.50M | Total Liabilities |
| 3.89M | 754.65K | 5.10M | 5.51M | 5.81M | Stockholders Equity |
| 23.41K | 2.71M | -1.95M | 457.02K | -1.44M |
| Cash Flow | Free Cash Flow | |||
| -2.14M | -3.47M | -1.68M | -2.70M | -2.65M | Operating Cash Flow |
| -2.12M | -3.46M | -1.56M | -2.59M | -2.63M | Investing Cash Flow |
| -129.32K | -13.65K | -120.85K | -133.68K | -26.83K | Financing Cash Flow |
| 1.83M | 3.65M | -401.13K | 2.78M | 5.65M |
Sharc International Systems Inc Technical Analysis
Sharc International Systems Inc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | C$22.50M | 144.44 | 4.63% | ― | 14.78% | -90.82% | |
66 Neutral | $4.49B | 12.34 | 5.40% | 248.65% | 4.13% | -12.33% | |
61 Neutral | C$16.48M | ― | -6.67% | ― | -32.69% | 94.36% | |
56 Neutral | C$11.29M | ― | -9.94% | ― | 1.06% | 56.94% | |
55 Neutral | C$17.10M | ― | -539.37% | ― | 46.73% | 6.56% | |
47 Neutral | C$3.59M | ― | -143.77% | ― | -49.88% | -266.67% | |
43 Neutral | C$3.21M | ― | 23.34% | ― | -41.98% | -123.77% |
Sharc International Systems Inc Corporate Events
SHARC International Systems Inc. reported a strong start to 2025, with Q1 revenue reaching $1.01 million, a 30% increase over the previous year. The company also noted an 18% growth in its Sales Order Backlog, reflecting a 64% improvement over 2024. SHARC Energy is actively expanding its market presence with key projects in Ottawa and Vancouver and is exploring new sectors such as wastewater treatment and universities. The company anticipates launching new products soon, aiming for increased revenue and profitability in the coming years.
SHARC International Systems Inc. announced that its Wastewater Energy Transfer (WET) system will be the central component of the Sen̓áḵw Energy System, a district energy network supporting the largest real estate development in Canadian First Nations history. This project, developed by the Squamish Nation, aims to create a net-zero carbon community by utilizing sewer heat recovery, significantly reducing carbon emissions and setting a new standard for sustainable urban living. The initiative marks a pioneering effort in Canada to use an external sewer force main as a primary energy source, aligning with regional goals for carbon neutrality and showcasing leadership in leveraging wastewater for energy.
SHARC International Systems Inc. has secured a short-term working capital loan of up to $400,000 to support its ongoing projects over the next three months. The loan, which matures on July 31, 2025, and carries an 8% annual interest rate, is secured against the company’s assets. This financial move is aimed at facilitating the company’s operational cycle and project delivery, potentially strengthening its position in the energy transfer industry.
SHARC International Systems Inc. has announced the integration of its SHARC 880 Wastewater Energy Transfer systems into Ottawa’s LeBreton Flats redevelopment, marking a significant advancement in sustainable urban energy solutions. This initiative, a collaboration between Envari Holding Inc., Theia Partners, and the City of Ottawa, aims to provide 9 Megawatts of heating and cooling while reducing greenhouse gas emissions by approximately 5,066 tonnes annually, positioning the project as a model for sustainable community energy infrastructure in Canada.
SHARC Energy has announced significant changes to its Board of Directors, with Fred Andriano appointed as the new Chairman, replacing founder Lynn Mueller who will remain as Vice Chairman. This strategic move, alongside the recent appointment of a new CEO, is expected to accelerate the company’s growth and enhance its market expansion. The company also announced the retirement of Eleanor Chiu, a long-standing board member, who leaves as a strong supporter and shareholder. These changes are seen as pivotal in positioning SHARC Energy as a key player in the wastewater energy transfer industry, with a focus on leveraging its products and expanding its geographical reach.
SHARC Energy reported a 36% increase in revenue for the year ending December 31, 2024, reaching $2.17 million, with a notable improvement in its Sales Order Backlog, which stands at $3.0 million. The company is optimistic about continued growth in 2025, with a strong pipeline of projects and increasing diversification and stability in its revenue streams. SHARC Energy’s focus on Thermal Energy Networks is gaining traction, with several projects underway in North America, supported by favorable legislation in the United States, indicating a promising outlook for future expansion.