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Tantalus Systems Holding TSX:GRID Stock Report

Last Price

CA$1.57

Market Cap

CA$70.0m

7D

-1.9%

1Y

84.7%

Updated

19 May, 2024

Data

Company Financials +

Tantalus Systems Holding Inc.

TSX:GRID Stock Report

Market Cap: CA$70.0m

Tantalus Systems Holding Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tantalus Systems Holding
Historical stock prices
Current Share PriceCA$1.57
52 Week HighCA$2.06
52 Week LowCA$0.68
Beta0.47
1 Month Change-7.65%
3 Month Change86.90%
1 Year Change84.71%
3 Year Change-37.94%
5 Year Changen/a
Change since IPO-54.49%

Recent News & Updates

Investors Still Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Despite 26% Price Jump

Apr 19
Investors Still Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Despite 26% Price Jump

Recent updates

Investors Still Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Despite 26% Price Jump

Apr 19
Investors Still Aren't Entirely Convinced By Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Despite 26% Price Jump

Does Tantalus Systems Holding (TSE:GRID) Have A Healthy Balance Sheet?

Mar 29
Does Tantalus Systems Holding (TSE:GRID) Have A Healthy Balance Sheet?

Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Are Not Doing Enough For Some Investors

Mar 01
Tantalus Systems Holding Inc.'s (TSE:GRID) Revenues Are Not Doing Enough For Some Investors

Sentiment Still Eluding Tantalus Systems Holding Inc. (TSE:GRID)

Oct 17
Sentiment Still Eluding Tantalus Systems Holding Inc. (TSE:GRID)

Earnings Release: Here's Why Analysts Cut Their Tantalus Systems Holding Inc. (TSE:GRID) Price Target To CA$2.80

Mar 27
Earnings Release: Here's Why Analysts Cut Their Tantalus Systems Holding Inc. (TSE:GRID) Price Target To CA$2.80

Shareholder Returns

GRIDCA ElectronicCA Market
7D-1.9%5.7%0.9%
1Y84.7%300.6%10.8%

Return vs Industry: GRID underperformed the Canadian Electronic industry which returned 300% over the past year.

Return vs Market: GRID exceeded the Canadian Market which returned 10.8% over the past year.

Price Volatility

Is GRID's price volatile compared to industry and market?
GRID volatility
GRID Average Weekly Movement14.3%
Electronic Industry Average Movement12.4%
Market Average Movement8.9%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market3.0%

Stable Share Price: GRID's share price has been volatile over the past 3 months.

Volatility Over Time: GRID's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a130Pete Londawww.tantalus.com

Tantalus Systems Holding Inc. operates as a smart grid technology company in Canada and the United States. It operates through Connected Devices and Infrastructure, and Utility Software Applications and Services segments. The Connected Devices and Infrastructure segment sells computing modules used into multiple devices, including meters, sensors, and street lighting fixtures, as well as distributes automation equipment.

Tantalus Systems Holding Inc. Fundamentals Summary

How do Tantalus Systems Holding's earnings and revenue compare to its market cap?
GRID fundamental statistics
Market capCA$70.02m
Earnings (TTM)-CA$2.18m
Revenue (TTM)CA$55.97m

1.3x

P/S Ratio

-32.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRID income statement (TTM)
RevenueUS$41.13m
Cost of RevenueUS$19.12m
Gross ProfitUS$22.01m
Other ExpensesUS$23.61m
Earnings-US$1.60m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.036
Gross Margin53.51%
Net Profit Margin-3.90%
Debt/Equity Ratio1,153.9%

How did GRID perform over the long term?

See historical performance and comparison
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