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BALCAO · CONSTRUCTION - SPECIAL TRADE CONTRACTORS · SMALL CAP

P2 Solar, Inc. PTOS

8 fiscal years on record · USD · FY2024 reported · SEC filings only
$26,382
▼ 84.1% YoY
$-34,492

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

In brief

What this company does

P2 Solar, Inc.'s current business operations are focused on the construction of residential and commercial rooftop and ground mount solar power plants in Canada. Futricity is an installer of rooftop and ground mount solar systems for both residential and commercial properties. The Company, through its subsidiary Futricity Solar, Inc., installs and maintains small residential and commercial rooftop solar systems in Canada. Based on the specific needs of its customers, the Company purchases its solar modules, inverters and other parts from third parties. The Company's operations to date have been solely in British Columbia but the Company intends to expand to other regions in Canada and potentially certain U.S. states in the next two years. The Company's primary supply chain involves the procurement of solar equipment for its projects, together with managing sub-contractors during project construction.

Written from the business description in P2 Solar, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 July 2025. Every sentence was checked against that document before publication.

Growth

USD 26,382.00
Revenue, FY2024 · full 8-year series below
Revenue $ Net income $
FY2024 · Revenue 26382.0 · Net income -34492.0
100000200000-150000-300000
2010201320232024
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

−131 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -391.7% · Net -130.7%
-100%-200%-300%
201020132024
ROE

Not applicable: equity was zero or negative in this period, so return on equity has no meaning.

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot applicable: capital employed was zero or negative in this period, so return on capital employed has no meaning.

Cash & shareholders

·
returned in FY2024 · dividends + net buybacks

Total assetsUSD 102,716.00
EquityUSD -1.0M
CashUSD 0.00
Gross debtUSD 72,290.00
Net debtUSD 72,290.00
Current ratio0.01×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 8-year record

8 fiscal years
Every figure from documents filed with the SEC · USD

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—not applicable◌not available in our data
PTOS, 8-year financial record
Metric 20242023202220212013201220112010
Revenue $B0.00.00.00.00.0◌◌◌
Operating income $B−0.0−0.0−0.0−0.0◌◌◌◌
EBITDA $B◌◌◌◌◌◌◌◌
Income tax $B0.00.00.00.0◌◌◌◌
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $0.000.00◌◌◌◌◌◌
Dividend / sh $◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend————————
ROE %———————−161.7
Shares out B0.130.070.070.07◌◌◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 28 reconciliationsAUDITED

Reconciled in 8 of the 8 fiscal years we could check. 16 checks were skipped: EPS is not tagged before 2023. Six checks were skipped: the balance sheet is not tagged before 2010. Six checks were skipped: revenue is not tagged before 2013.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityConstruction - Special Trade Contractors
Listed onOTC market
Incorporated inDelaware
Fiscal year endsMarch 31
SEC categoryemerging growth company, smaller reporting company
Data on record since2010

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