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Eguana Technologies Inc. (V:EGT)

Business Focus: Electrical Components & Equipment (NEC)

Sector:  Industrials Industry:  Electrical Components & Equipment
 
Company Contact
Address: 3636 7th Street SE
CALGARY AB T2G 2Y8
Tel: N/A
Website: www.eguanatech.com
IR: See website
Key People
Justin Holland
Chief Executive Officer, Director
Hansine Ullberg
Chief Financial Officer
Brent Harris
Executive Vice President
Daljit Ghotra
Chief Technology Officer
   
Business Overview
Eguana Technologies Inc. is a Canada-based company, which designs and manufactures residential and commercial energy storage systems. The Company is engaged in delivering grid edge power electronics for fuel cell, photovoltaic and battery applications, and delivers various solutions from its manufacturing facilities in Europe, Australia and North America. The Company supplies energy storage systems for solar self-consumption, grid services and demand charge applications at the grid edge. The Company's product lines are based on patented, software-driven, advanced power control technology platform. Its products include Evolve and Elevate. Its Evolve is a storage solution for homes large and small, which provides a fully automated backup solution for multi-day power outages. Its Elevate is engineered to reduce peak loads and reduce demand charges for small commercial and industrial applications.
Financial Overview
For the six months ended 30 September 2023, Eguana Technologies Inc revenues increased 30% to C$8.4M. Net loss increased 9% to C$11.1M. Revenues reflect United States segment increase from C$2.5M to C$7.6M, Australia segment increase from C$70K to C$692K. Higher net loss reflects Accretion of debentures increase from C$389K to C$2.5M (expense), Accretion of long-term debt increase of 48% to C$1.2M (expense).
Employees: 33 as of Sep 30, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $25.95M as of Sep 30, 2023
Annual revenue (TTM): $20.83M as of Sep 30, 2023
EBITDA (TTM): -$13.30M as of Sep 30, 2023
Net annual income (TTM): -$26.74M as of Sep 30, 2023
Free cash flow (TTM): -$29.00M as of Sep 30, 2023
Net Debt Last Fiscal Year: $33.07M as of Sep 30, 2023
Shares outstanding: 448,956,022 as of Dec 13, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization