Tantalus Systems Overview

  • Year Founded
  • 1989

Year Founded

  • Status
  • Public

  • Employees
  • 130

Employees

  • Stock Symbol
  • GRID

Stock Symbol

  • Investments
  • 3

  • Share Price
  • $1.26
  • (As of Thursday Closing)

Tantalus Systems General Information

Description

Tantalus Systems Holding Inc Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Utility Software Applications and Services. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.

Contact Information

Formerly Known As
RiseTech, RiseTech Capital, RiseTech Capital Corp.
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 3555 Gilmore Way
  • Suite 200
  • Burnaby, British Columbia V5G 0B3
  • Canada
+1 (604)
Primary Industry
Other Commercial Services
Other Industries
Other Communications and Networking
Wireless Communications Equipment
Stock Exchange
TSE
Vertical(s)
CleanTech, Oil & Gas, Climate Tech, TMT
Corporate Office
  • 3555 Gilmore Way
  • Suite 200
  • Burnaby, British Columbia V5G 0B3
  • Canada
+1 (604)

Tantalus Systems Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Tantalus Systems Stock Performance

As of 12-Dec-2024, Tantalus Systems’s stock price is $1.26. Its current market cap is $64M with 50.8M shares.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.26 $1.20 $0.57 - $1.51 $64M 50.8M 30.8K -$0.02

Tantalus Systems Financials Summary

As of 30-Sep-2024, Tantalus Systems has a trailing 12-month revenue of $42.1M.

In Thousands,
USD
TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 66,750 36,878 40,620 60,949
Revenue 42,092 42,147 39,603 32,172
EBITDA 2,174 1,516 (3,232) (4,903)
Net Income (1,226) (1,685) (5,195) (7,020)
Total Assets 37,192 34,799 37,360 31,026
Total Debt 13,091 14,366 13,839 12,109
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Tantalus Systems Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Tantalus Systems Patents

Tantalus Systems Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240329103-A1 System and apparatus for monitoring power usage at an edge structure Pending 03-Apr-2023
US-20240339864-A1 System for managing distributed energy resources at an edge structure Pending 03-Apr-2023
US-20240329104-A1 Meter cap for use with power usage monitoring unit and system Pending 03-Apr-2023
US-20240361366-A1 System and method for measuring power quality at an edge structure Pending 03-Apr-2023
US-D773399-S1 Communications collector Active 15-Dec-2014
To view Tantalus Systems’s complete patent history, request access »

Tantalus Systems Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Tantalus Systems Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Tantalus Systems Acquisitions (3)

Tantalus Systems’s most recent deal was a Merger/Acquisition with Congruitive for . The deal was made on 31-Jan-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Congruitive 31-Jan-2022 Merger/Acquisition Business/Productivity Software
RiseTech Capital 29-Jan-2021 Merger/Acquisition Special Purpose Acquisition Company (SPAC)
Energate 26-Jul-2017 Merger/Acquisition Household Appliances
To view Tantalus Systems’s complete acquisitions history, request access »

Tantalus Systems FAQs

  • When was Tantalus Systems founded?

    Tantalus Systems was founded in 1989.

  • Where is Tantalus Systems headquartered?

    Tantalus Systems is headquartered in Burnaby, Canada.

  • What is the size of Tantalus Systems?

    Tantalus Systems has 130 total employees.

  • What industry is Tantalus Systems in?

    Tantalus Systems’s primary industry is Other Commercial Services.

  • Is Tantalus Systems a private or public company?

    Tantalus Systems is a Public company.

  • What is Tantalus Systems’s stock symbol?

    The ticker symbol for Tantalus Systems is GRID.

  • What is the current stock price of Tantalus Systems?

    As of 12-Dec-2024 the stock price of Tantalus Systems is $1.26.

  • What is the current market cap of Tantalus Systems?

    The current market capitalization of Tantalus Systems is $64M.

  • What is Tantalus Systems’s current revenue?

    The trailing twelve month revenue for Tantalus Systems is $42.1M.

  • What is Tantalus Systems’s annual earnings per share (EPS)?

    Tantalus Systems’s EPS for 12 months was -$0.02.

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