Tantalus Systems Holding Inc. Reports Strong Financial Results for Q1 2021
Burnaby, British Columbia (Newsfile Corp. - May 17, 2021) - Smart grid technology leader Tantalus Systems Holding Inc. (TSX: GRID) ( Tantalus or the Company ) today announced the financial results for the first quarter, ended March 31, 2021. We witnessed favorable trends throughout Q1 as the utility industry continues to recover from disruptions resulting from the COVID-19 pandemic. The favorable trends translated into strong financial results for Q1 including revenue growth of 11% year-over-year and another quarter of positive Adjusted EBITDA, said Peter Londa, President & CEO of Tantalus. While regions across our geographic focus continue to be impacted by the COVID-19 pandemic, we are becoming increasingly optimistic regarding a broad recovery across our sector, particularly given the Biden Administration s commitment to decarbonize the power grid. Biden s robust initiative to modernize the power i
Tantalus Systems Holding Inc. Reports Strong Fourth Quarter & 2020 Year-End Results
Company receives Conditional Approval to graduate to the TSX
Burnaby, British Columbia (Newsfile Corp. - April 21, 2021) - Smart grid technology leader Tantalus Systems Holding Inc. (TSXV: GRID) ( Tantalus , TSHI or the Company ) today announced the financial results for its wholly-owned subsidiary, TSH Canada Inc. (formerly known as Tantalus Systems Holding Inc.), for the fourth quarter and fiscal year ended December 31, 2020. The Company also announced that the Toronto Stock Exchange ( TSX ) has conditionally approved the listing of the Company s shares. Listing is subject to the Company fulfilling all requirements of the TSX. The Company expects to satisfy the TSX s requirements in the coming weeks.