GRID News & Analysis
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Tantalus Systems (TSE:GRID) Reports Record Q2 Revenue of $15.4M
Tantalus Systems Holding Inc. (TSE:GRID) reported second-quarter revenue of $15.4 million, an 18% increase year over year. Its adjusted EBITDA rose by 35% to $690,000, with recurring revenue for the quarter at $3.6 million, contributing to a record annual recurring revenue of $15 million. Approximately 77 utilities placed orders for the TRUSense Gateway, with around 6,200 gateways shipped. The company's liquidity improved to about $41.3 million with no debt maturities over the next three years, demonstrating strong financial health amidst increased utility spending.
Read More: Tantalus Systems (TSE:GRID) Reports Record Q2 Revenue of $15.4M
Gresham House Energy Storage (GRID) Reports 30% Revenue Growth in 2025
Gresham House Energy Storage (LON:GRID) reported a 30% increase in total portfolio revenue, reaching GBP 60 million for the year 2025. The company's EBITDA rose by 33% year-over-year to GBP 38.8 million. The share price appreciated by over 70% during 2025 as the firm executed a three-year growth plan. Contracted revenues increased significantly from 25% in 2024 to 39% in 2025, enhancing financing support and facilitating a refinancing that lowered interest rates and extended facility terms.
Read More: Gresham House Energy Storage (GRID) Reports 30% Revenue Growth in 2025