Hypercharge posts Q3 revenue of CAD 2.6 million (-48%)

Reuters
Mar 03
Hypercharge posts Q3 revenue of CAD 2.6 million (-48%)

Hypercharge reported unaudited Q3 FY2026 results, with revenue of CAD 2.6 million (CAD 2,580,946) and gross profit of CAD 0.9 million (CAD 865,723), delivering a gross margin of 34%. Net and comprehensive loss was CAD 0.4 million (CAD (448,036)), or CAD (0.00) per share, on operating expenses of CAD 1.4 million (CAD 1,378,882). For the first nine months of FY2026 (9M), Hypercharge posted revenue of CAD 9.7 million (CAD 9,658,144), up 33% YTD, with gross profit of CAD 2.6 million (CAD 2,563,637) and a 27% gross profit percentage. Net and comprehensive loss for 9M was CAD 1.3 million (CAD (1,276,800)), or CAD (0.01) per share, while operating expenses were CAD 3.9 million (CAD 3,926,521). Business highlights for the period included record service and subscription revenue of CAD 1.2 million (CAD 1,180,520) in Q3, up 6.1x, driven by higher installation revenue. Hypercharge delivered 526 new charging ports in the quarter, surpassed 6,900 charging ports sold across Canada and the U.S., and grew registered users to more than 41,300 as of Dec. 31, 2025, up over 80% year-over-year. The company also highlighted continued progress in professional services and carbon credit management under Canada’s Clean Fuel Regulations, the appointment of Chris Koch as COO, the addition of Tony Geheran to the board, and a CAD 3.8 million (CAD 3,750,000) brokered private placement completed in November 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hypercharge Networks Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603021730PRIMZONEFULLFEED9664379) on March 02, 2026, and is solely responsible for the information contained therein.

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