ReVolve Renewable Power Posts Wider Full-Year Loss as Revenue Falls 39.7%

ReVolve Renewable Power Corp (REVV.V) reported a full-year net loss of $4.89 million, or $0.07 per share, widening from a loss of $2.59 million, or $0.02 per share, a year earlier. Revenue for the period dropped 39.7% to $2.40 million from $3.98 million in the prior year, according to the company's GAAP results. The Canadian renewable energy developer, listed on the TSX Venture Exchange under the ticker REVV.V, reported the figures without disclosing additional details on the drivers of the revenue decline.