Sector: Industrials | Industry: Heavy Electrical Equipment |
Company Contact | |
Address: | 1480 Frances Street, VANCOUVER BC V5L 1Y9 |
Tel: | N/A |
Website: | https://legendpower.com |
IR: | See website |
Key People | ||
Randy G. Buchamer President, Chief Executive Officer, Director | Florence Tan Chief Financial Officer, Corporate Secretary | Paul Moffat Chief Operating Officer |
Business Overview |
Legend Power Systems Inc. is a Canada-based company, which provides an intelligent energy management platform. The Company's principal business activities are the assembly, marketing and sale of a patented device, the SmartGATE, which enables dynamic power management of an entire commercial or industrial building. The Company operates through two segments: Legend Power Systems Canada and Legend Power Systems Corp. - United States. It markets two complementary offerings: SmartGATE Insights Service and SmartGATE Platform. Its SmartGATE Insights Service measures the high impact attributes of electricity and then applies an array of industry-standard calculations to determine what effects the attributes are having on a building. Its SmartGATE Platform uses patented technology to correct the power issues uncovered by SmartGATE Insights. Its SmartGATE product is deployed in commercial real estate verticals such as multi-family residential, hospitality, big box retail and commercial office. |
Financial Overview |
For the three months ended 31 December 2023, Legend Power Systems Inc revenues decreased 100% to C$2K. Net loss increased 8% to C$1.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Warranty expense (recovery) increase from C$37K (income) to C$16K (expense), Foreign exchange loss (gain) increase from C$1K (income) to C$4K (expense). |
Employees: | 25 as of Sep 30, 2020 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $18.33M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.70M as of Dec 31, 2023 |
EBITDA (TTM): | -$4.06M as of Dec 31, 2023 |
Net annual income (TTM): | -$4.26M as of Dec 31, 2023 |
Free cash flow (TTM): | -$2.96M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 131,694,417 as of Feb 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |