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Zinc8 Energy Solutions (C:MGXR)

Business Focus: Batteries & Uninterruptable Power supplies

Sector:  Industrials Industry:  Electrical Components & Equipment
See Regulatory Filings on SEDAR
Company Contact
Address: 1-8765 Ash St
Tel: N/A
IR: See website
Key People
Suresh Singh
President, Chief Executive Officer
Richard L. Topham
Chief Financial Officer
Stuart I. Smedley
Chief Technology Officer
Serge Drobatschewsky
Vice President - Operations
John McLeod
Vice President - Engineering
Business Overview
ZINCNYX Energy Solutions Inc is a Canada-based company, which is engaged in the development and commercialization of a dependable renewable energy sources. The Company's flow battery technology uses zinc and air as fuel. Its flow battery technology has various applications, including renewables firming, remote sites, small communities, essential services support and commercial and industrial backup. Its modular energy storage system delivers backup power in the range of 5 to 100 kilo watts (kW). It consists of a rechargeable zinc-air fuel cell technology, through which it supports a range of discharge power, recharge power and duty cycle requirements. Its battery management system enables the system to be configured for various alternating current (AC)/ direct current (DC), load/source environment. Its energy storage system deals with various discharge periods by varying the size of the fuel tank.
Financial Overview
For the nine months ended 30 September 2019, MGX Renewables Inc revenues was not reported. Net loss totaled to C$4.1M.
Reporting Currency: Canadian Dollars
Enterprise value: $10.19M as of Sep 30, 2019
Annual revenue (TTM): N/A
Net annual income (TTM): N/A
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: $4.97M as of Sep 30, 2019
Shares outstanding: 47,123,529 as of Oct 10, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization