PowerBank net loss narrows to CAD 24.3 million in year ended June 30; revenue falls 34% to CAD 27.41 million
Bitget2026/09/28 21:13- Powerbank posted a net loss of CAD 24.3 million for the year ended June 30, 2026, narrowing from CAD 31.1 million.
- Revenue fell 34% to CAD 27.41 million, with EPC services down 31% to CAD 16.14 million and development fees down 89% to CAD 882,000.
- IPP production rose to CAD 9.81 million, and the company said the increase reflected higher production levels across certain facilities.
- Total assets slipped to CAD 133.47 million, while long-term debt increased to CAD 65.39 million.
- Four solar projects reached commercial operation, and the SFF 06 BESS project achieved commercial operation on April 20, 2026.
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