Legend Power Systems

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

Legend Power Systems recorded revenue of CAD 1.7m in 2025 (2024: CAD 1.9m) and a falling margin from 38% to 23%. Fourth-quarter revenue slipped slightly to CAD 690,000, while the share price fell 8.7% after the results and is trading near its 52-week low. The company cut operating expenses to CAD 3.7m, reduced inventories by 25% and will focus on product innovation, market expansion into critical verticals and strategic partnerships to drive growth. Legend Power aims for a mid-term 50% margin and sees a potential market of 2,000 systems across 20 customers, but warns of risks such as margin pressure, competition and supply-chain disruptions. » More on de.investing.com