Legend Power Systems

Legend Power Systems reported Q3 2026 revenue of CAD 216,000 (-43.9% year-on-year), while gross margin rose to 40% (prior year 22%) and operating expenses fell to CAD 608,000 (-34.4%). The company received orders totalling about CAD 1.3 million for 12 SmartGATE systems and sees customer interest more in infrastructure and reliability solutions rather than just energy savings. Management expects positive cash flow in fiscal 2027 given the current cost structure, but stresses continued cash management and risks from revenue volatility and the need for execution. » More on de.investing.com

Legend Power Systems reported Q2 2026 revenue of CAD 545,000 (+4.2% versus the prior quarter) and a gross margin that rose year-over-year from 21% to 41%. Operating expenses fell 35% to CAD 658,000 and inventory was reduced by CAD 200,000. Management is focused on recurring maintenance revenue and sales of the SmartGATE system, is targeting a 50% gross margin for 2026, but sees risks from supply-chain disruptions, competition and macroeconomic uncertainty. » More on de.investing.com

Legend Power Systems reports a 211% revenue increase in Q1 2026 to CAD 252,000 with a gross margin of 44% (vs. 15% year‑ago). Operating expenses fell 39% to CAD 631,000, and the company closed a CAD 1.65 million financing in January. Management attributes the growth to higher production volumes, demand and operational efficiency, and expects gross margins above 50% for 2026 as well as delivery of remaining backlog systems by early summer. The stock rose 5.56% after the announcement. » More on de.investing.com