Tantalus Systems的动态

Tantalus Systems (GRID-TSX) reported Q3 results this morning. Highlights: ?Sales Orders up 46% YoY: converted $7.3 million (CND$10.0 million) from its sales pipeline during the quarter, bringing total orders through the first nine months of the year to $40.2 million (CND$54.7 million). ?Revenue: $11.6 million (CND$15.8 million) during the quarter, representing a 14% increase over the prior year period. ?Annual Recurring Revenue (ARR): ARR stands at approximately $12.2 million (CND$16.5 million) as of September 30, 2024, representing approximately 11% growth over the prior year period. ?Gross Profit Margin: 56% in Q3 2024, continuing its trend of exceeding 50% for this financial measure. ?Adjusted EBITDA: The Company generated Adjusted EBITDA of $0.6 million (CND$0.8 million) during Q3 2024 compared to Adjusted EBITDA of $0.1 million (CND$0.1 million) for the prior year period. ?Balance Sheet: The Company ended Q3 2024 with $10.3 million in cash (CND$13.9 million) which increased from $5.2 million (CDN$6.8 million) as at December 31, 2023. ?TRUSense Gateway: Tantalus received orders from 21 utilities to commence field trials, pilots and deployments as of November 13, 2024.? ??Conf call at 11am EDT. Dial In (Toll Free): 1-844-854-4410 or webcast: https://lnkd.in/eKjdViR2 ??Full financial details in the link below. *Disclosure: I am on Tantalus' Board of Directors

Today, Tantalus released its Q1 financial results for 2024, and we saw record numbers of sales orders. We can't wait to show you more about our momentum in helping utilities modernize the grid on our webcast tomorrow, May 8, at 11:00am Eastern. Visit the link below for the full press release and link to the webcast: https://hubs.la/Q02wsRD50 #utilities #utilitiesindustry #grid #smartgrid #gridmodernization #griddata #griddatamanagement

Tantalus will be releasing its Second Quarter 2024 Financial Results on August 6 and will host a webcast to dive into the details. Check out the link below for more info on the webcast and the link for it. We hope to see you there so we can show you all the great things Tantalus is doing to help utilities address their most pressing challenges through grid modernization and harnessing the power of data. https://lnkd.in/gC7kkgeN #grid #smartgrid #utilities #utilitiesindustry #gridmodernization #griddata #griddatamanagement

In today's episode of "Funny Acronyms with Impact": FERC (Federal Energy Regulatory Commission)! For someone with experience in tech solutions for the public sector (like myself), I'm on the lookout for opportunities where data, policy, and technology intersect to drive positive change. A recent conversation with Erin Riley at HData led me to this blog post that otherwise would have never caught my eye. FERC Form 1 is an annual report filed by major electric utilities in the U.S., providing a detailed breakdown of financial and operational data. It's a roadmap for understanding how electricity gets from power plants to our homes, with insights on costs, infrastructure, and usage trends. This data plays a crucial role in shaping energy policy, setting rates, and supporting decisions on everything from renewable energy integration to infrastructure investments. By leveraging FERC Form 1 data, leaders can make informed choices that lower costs, improve energy access, and support a greener future. #themoreyouknow #regtech #data #FERC

We are thrilled to report full-year fiscal 2023 results and provide business update. Highlights: ?? FY 2023 revenue: totalled approximately EUR 107.4 million, compared to approximately EUR 26.4 million in FY 2022. ?? Fourth quarter 2023 set a record in our company’s history with revenue of approximately EUR 50.3 million. ??Reiterating 2024 revenue guidance of at least EUR 200 million. Read the press release here? https://lnkd.in/e6kjPdBF #ADSTECEnergy #FinancialResults #WeEmpowerYourInvestment

Cenergy Holdings Q3 2024 Financial Results: Sustained Growth & Strong Margins We announce our Q3 2024 financial results, highlighting strong performance across our business segments, with strong margins improvement along with steadily high backlog: ·???????Revenue reaches EUR 1.26 billion, 8% higher than prior year’s corresponding period (9M 2023: EUR 1.17 billion). ·???????Operational profitability improves significantly during Q3 pushing adjusted EBITDA to EUR 194 million for the first nine months of 2024 (+34% y-o-y); profitability (a-EBITDA) margin for Q3 2024 exceeds 16% due to the solid performance of steel pipes segment and the improved products and projects mix in cables segment. ·???????Order backlog reaches EUR 3.48 billion on September 30, 2024 (from EUR 3.38 billion on June 30 and EUR 3.15 billion nine months earlier); capacity expansion plans in all our plants in Greece are on track and expected to be operational on time to address the rising backlog. ·???????Consolidated profit before tax more than doubles y-o-y to EUR 123.1 million (EUR 60.1 million in 9M 2023) with net profit after tax at EUR 100.3 million (+113% y-o-y from EUR 47.2 million in 9M 2023). ·????????FY 2024 guidance is confirmed to the range of EUR 245 – 265 million for adjusted EBITDA. A Message from Alexis Alexiou, CEO of Cenergy Holdings: ”The strong margins recorded in the first semester continued during another three months, further showing our strong competitiveness and the resilience of our balanced business portfolio as the secular megatrends of electrification, energy security and energy transition continue unabated.?Capacity in all our production lines remains highly utilized and we keep on focusing on strong project execution and smooth progress of ongoing investment plans.?All of these provide confidence for our achieving our stated 2024 profitability objectives.?Last but not least, the recent successful Share Capital Increase marks a historic step forward for Cenergy Holdings as it acknowledges the long-term trust relationship built with all our stakeholders and allows us to expand our production base in the USA." As we head toward the close of 2024, we remain committed to delivering on our profitability goals while positioning Cenergy Holdings for sustained long-term growth. Link to full Q3 2024 financial report: https://lnkd.in/dJypjXvb #CenergyHoldings #HellenicCables #CorinthPipeworks #TradingUpdate #FinancialResults #Q32024

Out now: our full financial report for the second quarter of 2024. See key highlights in the image below. Our underlying earnings have improved significantly within our Power Solutions business area in comparison to last year. Despite our Power Solutions being profitable in Q2, our EBIT margin for the quarter was negative, due to an adjustment to planned costs in Service. Our order intake had an average selling price of EUR 1.21m/MW and grew more than 50 percent year-on-year, which together with an adjusted free cash flow of more than EUR 0.5bn highlights our positive trajectory. Based on results from this quarter, we have narrowed our 2024 guidance on revenue and EBIT margin, as announced earlier this week.? Our CEO Henrik Andersen says: “The second quarter of 2024 has seen Vestas continue to improve our underlying business performance in line with our expectations. Following the narrowing of our financial guidance due to an adjustment of planned costs in Service, we will move forward by continuing to build on the positive momentum of our underlying performance and execute on our strategy. A huge thanks to our customers, shareholders and employees around the world for their support as we work to maintain an overall positive trajectory, and drive the energy transition forward.”? Read more:? https://lnkd.in/dsNU8GM9 ? To join our investor audiocast: https://lnkd.in/d9btmm-U ?

In this week’s #sustainableenergy rundown: ? - HMC Capital acquired Global Switch in a deal worth c. $1.3bn - Brookfield acquired a c. 13% stake in 4 of ?rsted’s UK offshore wind assets for $570m - UK’s Good Energy Group completed a ￡7m acquisition of Empower Energy Ltd. to expand its portfolio with another solar installation company ? Other M&A and capital raising news from CVC, KKR, Aquila Group, Quinbrook Infrastructure Partners, Primergy Solar, Ardian, Akuo, Neara, RedoxBlox, and more. ? #energytransition #decarbonization #electricvehicles #energystorage #renewableenergy #hydrogen #batterystorage #esginvesting #solarenergy #biofuels #energystorage #carboncapture

Nextracker Reports Q2 FY25 Financial Results Nextracker (Nasdaq: NXT), a global market leader in intelligent solar trackers and software solutions, announced financial results for the second quarter of fiscal year 2025, ending September 27, 2024. Financial Summary (In millions, except per share) ? Q2 FY25 Q1 FY25 Q2 FY24 Revenue $636 $720 $573 GAAP Gross Profit $225 $237 $149 GAAP Gross Margin 35.4% 33.0% 26.0% GAAP Net Income $117 $125 $81 GAAP Net Income Margin 18.5% 17.3% 14.2% GAAP Diluted EPS $0.79 $0.84 $0.55 ? ? ? ? Adjusted Gross Profit $228 $241 $152 Adjusted Gross Margin 35.9% 33.5% 26.6% Adjusted EBITDA $173 $175 $110 Adjusted […] Read the full story here: https://lnkd.in/dMMneQV4 #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #ebitda #eps #financialresults #globalnews #profitmargins #quarterlyresults #renewableenergy #solarenergy #solartrackers

Vestas Revises 2024 Financial Outlook Amid Service Segment Adjustments Reading Time: 2 minutesVestas narrows the financial outlook for 2024 on revenue to EUR 16.5bn-17.5bn (from EUR 16bn-18bn) and EBIT margin before special items to 4-5 percent (from 4-6 percent) based on adjustments to planned costs in the Service segment. Inflation indexation remains a key mechanism to protect profitability from the order backlog. However, adjustments to planned costs impact current profitability in Vestas’ Service segment. As a result of this adjustment, for the second quarter of 2024, the Group EBIT margin before special items will amount to (5.6) percent with revenue at EUR 3.3bn, according to preliminary numbers.? Due to […] - https://lnkd.in/dmATmNd9 #windenergy #windturbines #offshorewind #windturbine #cleanenergy #climatechange #sustainability #energynews #smartenergy #windfarm #windindustry #renewableenergy #renewables #financialresult #globalnews #marketoutlook #renewableenergy #revenue #vestas #windenergy