PowerBank
Develops, builds, and operates solar and storage projects in Canada and the United States.
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Profile
Develops and operates solar photovoltaic and battery-energy-storage projects, earning development, EPC, IPP, and service revenue. Its reported segments pair Development & EPC with IPP Production as it retains selected assets for power generation.
Develops, permits, designs, builds, and operates solar photovoltaic and battery-energy-storage projects in Canada and the United States. Customers include commercial and industrial users, community-solar programs, and counterparties under corporate or utility power-purchase agreements.
Revenue comes from development fees, EPC services, IPP production, and operations, maintenance, and asset-management services. Development & EPC and IPP Production are the reported operating segments. The business is retaining selected assets to expand its independent-power-producer base, while project execution depends on land rights, interconnection, offtake arrangements, financing, and renewable-energy policy support. It competes for land rights, transmission capacity, offtake, and financing.
Company facts
Categories
Key statistics
Year to date −74.2% · Average volume (30d) 619.5K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Target |
|---|---|---|---|---|---|
| May 20, 2026 | Industrial Alliance Securities | Target | $2 | ||
| Oct 9, 2025 | Freedom Broker | Downgrade | Buy | Hold |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| May 21, 2026Q3 FY26 | −$0.02 | −$0.09 | −314.4% | $5.4M | −$24.4K | −100.5% | +9.19% |
| Feb 13, 2026Q2 FY26 | −$0.01 | −$0.15 | −987.7% | $17.5M | $27.6M | +57.9% | −7.08% |
| Nov 14, 2025Q1 FY26 | −$0.05 | $0.01 | +120.0% | $14.0M | $13.7M | −2.0% | −4.85% |
| Oct 2, 2025Q4 FY25 | −$0.02 | $0.08 | +579.9% | $24.2M | $12.3M | −48.9% | −4.17% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.9M | $6.5M | $12.1M | $13.8M | $2.2M | −$24.5K | |
| Gross profit | $941.3K | −$43.2K | $4.1M | $5.9M | −$770.5K | −$732.7K | |
| Operating income | −$1.1M | −$4.4M | −$289.9K | $1.9M | −$6.5M | −$4.2M | |
| Net income | −$655.7K | −$4.3M | $1.6M | $719.3K | −$5.5M | — | |
| Diluted EPS | −$0.02 | −$0.14 | $0.04 | $0.02 | −$0.15 | −$0.09 | |
| Gross margin | 31.9% | -0.7% | 34.0% | 43.2% | -34.5% | — | |
| Operating margin | -38.5% | -68.3% | -2.4% | 14.0% | -291.3% | — |
Fiscal years (4-quarter sums)FY22 $13.5M · FY23 $14.8M · FY24 $42.0M · FY25 $32.4M
Balance sheet, Mar 31, 2026Cash & short-term investments $8.2M · Total debt $56.7M · Total assets $96.9M · Shareholders' equity $20.6M
Dividends
No dividends on record.
Ownership
Shares outstanding 47.05M · Float —
Float — provider float and free-float percent disagree.
This issuer lists more than one class and the share count spans them all, so a stake here reads as a share of the whole company, not of this class.
The provider's float, free-float percent and share count do not reconcile, so the float is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % of company | Form | Filed |
|---|---|---|---|---|
| Covalis Capital LLP | 350.0K | 0.74% | 13F | May 15, 2026 |
| Jane Street Group, LLC | 171.2K | 0.36% | 13F | May 12, 2026 |
| Citadel Advisors LLC | 88.7K | 0.19% | 13F | May 15, 2026 |
| TCG Advisory Services, LLC | 42.0K | 0.09% | 13F | May 15, 2026 |
| Advisor Group Holdings, Inc. | 31.0K | 0.07% | 13F | May 15, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- NextEra Energy
Large-scale solar, storage and contracted-power developer-owner.
- Brookfield Renewable
Renewable owner-operator with solar, storage and PPA capabilities.
- Ameresco
Distributed solar, BESS, EPC and operating-asset provider.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| PowerBank | $0.5000 | −5.66% | $23.5M | — | — | 0.8 | −100.3% |
| NextEra Energy | $81.84 | +0.02% | $170.72B | 18.3 | 19.9 | 5.9 | +12.5% |
| Brookfield Renewable | $32.20 | −0.28% | $4.77B | — | — | 1.1 | +29.8% |
| Ameresco | $21.99 | −0.09% | $1.17B | 42.3 | 15.5 | 0.6 | +9.1% |
| Median | 30.3 | 17.7 | 1.1 | +12.5% |





