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MARKETS / NASDAQ / PBK
NASDAQ · CONSTRUCTION - SPECIAL TRADE CONTRACTORS

Powerbank Corp. PBK

3 fiscal years on record · CAD · FY2024 reported · SEC filings only
CAD 41.5M
▼ 28.9% YoY
CAD -31.0M
In brief

What this company does

The Company recognizes revenue from project development service and EPC services. PowerBank Corporation provides solar energy solutions by developing, permitting, designing and building behind-the-meter solar power generation and transmission or distribution electricity grid connected community solar gardens and utility scale solar farms. The Company also provides renewable and clean energy project development, EPC, operations and maintenance, and asset management services for a fee. Based on application, the company has customers in the following market segments: behind-the-meter, Community Solar, Corporate PPA, and Utility PPA. The solar photovoltaic and Battery Energy Storage Systems development industry is highly competitive across all its stages, and the Company faces competition from companies with varying levels of financial, operational, and technical resources. The Company also competes against developers of traditional fossil fuel projects, as well as alternative renewable energy sources such as wind, hydro, and biomass. As of June 30, 2025, the company had 18 employees and an additional 7 contracted service providers.

Written from the business description in PowerBank Corporation's annual report to the U.S. Securities and Exchange Commission, filed 2 October 2025. Every sentence was checked against that document before publication.

Growth
CAD 41.5M
Revenue, FY2024 · full 3-year series below
Revenue CAD M Net income CAD M
FY2024 · Revenue 41.5 · Net income -31.0
20M40M-20M202220232024
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−75 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -94.1% · Net -74.9%
5%10%-50%202220232024
ROE
FY2024 · ROE -174.4%
-50%-100%-150%202220232024

Each CAD of equity lost 174 cents this year.

Cash & shareholders
returned in FY2024 · dividends + net buybacks

Total assetsCAD 138.4M
EquityCAD 19.2M
CashCAD 7.6M
Gross debtCAD 63.0M
Net debtCAD 55.3M
Current ratio0.96×

Net debt stands at 288% of equity.

The 3-year record
3 fiscal years
Every figure from documents filed with the SEC · CAD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202420232022
Revenue CAD B0.00.10.0
Operating income CAD B−0.0−0.0·
EBITDA CAD B···
Income tax CAD B−0.00.00.0
Net income CAD B−0.0−0.00.0
Free cash flow CAD B·0.0·
EPS, diluted CAD −0.97−0.130.06
Dividend / sh CAD ···
Payout %···
ROE %−174.4−21.213.7
Shares out B0.040.030.03

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 15 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 80 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityConstruction - Special Trade Contractors
Listed onNASDAQ
Incorporated inoutside the United States — SEC code A6
Fiscal year endsJune 30
SEC categoryemerging growth company
Data on record since2022

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