ET 08:30

PowerBank Narrows Full-Year Loss to C$24.30 Million, Revenue Falls 34%

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PowerBank Corporation (SUUN) reported a full-year net loss of C$24.30 million, or C$0.58 per share, on Sept 29, 2026, narrowing from a C$31.12 million loss, or C$0.97 per share, a year earlier. Revenue for the period fell 34.0% to C$27.41 million from C$41.53 million last year, according to GAAP figures. The reduced loss came despite the sharp top-line decline, as the company trimmed its deficit by roughly C$6.8 million year over year.

ByTicklex Editorial