YOLFTbeta
PowerBank Corporation

PowerBank Corporation

PBK · NASDAQ · Utilities / Utilities - Renewable

0.1351USD-0.01 (-4.52%)

Price History

Full chart

Market Stats

Previous Close0.1415
Open0.15
Day Range0.13 – 0.15
52-Week Range0.256 – 1.53
Volume246.96K
Market Cap14.19M
P/E (TTM)0.00
Forward P/E8.13
EPS-0.13
Dividend Yield0.00%
Beta-0.07
50-Day Avg0.43
200-Day Avg0.8627

About

PowerBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. The company operates through Development & EPC, IPP Production and Other segments. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects, grid connected solar PV electricity power plants and battery energy storage system. The company provides expertise in the areas of site origination, utility grid interconnection, permitting, financing, engineering, procurement and construction, operation and maintenance, independent power producer facilities, and asset management of solar photovoltaic power plants to the renewable and clean energy industry. In addition, it develops solar projects that sells electricity to commercial, industrial, municipal, residential, and utility off-takers sectors. The company was formerly known as SolarBank Corporation and changed its name to PowerBank Corporation in July 2025. PowerBank Corporation was incorporated in 2013 and is headquartered in Toronto, Canada.

Company Details

  • SectorUtilities
  • IndustryUtilities - Renewable
  • CEODr. Yuqiang Lu M.B.A., M.D., M.Sc.
  • Employees18
  • Headquarters803 ? 505 Consumers Road, Toronto, ON, Canada, M2J 4Z2, USA
  • Websitehttps://www.powerbankcorp.com

Leadership

  • Mr. Matthew J. WayrynenExecutive Chair · b. 1962
  • Dr. Yuqiang Lu M.B.A., M.D., M.Sc.CEO & Corporate Secretary · b. 1964
  • Mr. Andrew van Doorn P.E.President & COO · b. 1971
  • Mr. Olen John Aasen J.D.General Counsel · b. 1984
  • Ms. N. Nicole Rusaw C.A., C.P.A., HBACCChief Financial Officer · b. 1973

Financials

Income Statement

Currency: CAD2021-06-302022-06-302023-06-302024-06-302025-06-30
Total Revenue7.34M10.20M18.40M58.38M41.73M
Growth (%)-+38.98%+80.41%+217.31%-28.51%
Cost of Revenue6.75M8.23M13.86M46.70M33.17M
Gross Profit584.93K1.97M4.54M11.68M8.56M
Gross Margin7.97%19.28%24.66%20.01%20.52%
Operating Expense439.83K2.33M7.21M12.00M17.31M
Operating Income145.10K-360.55K-2.68M-318.00K-8.74M
Operating Margin1.98%-3.54%-14.55%-0.54%-20.95%
EBITDA154.40K-130.03K3.37M64.00K-3.65M
EBITDA Margin2.10%-1.28%18.30%0.11%-8.75%
Net Income-131.87K-188.39K2.24M-3.47M-31.19M
Net Income Margin-1.80%-1.85%12.19%-5.95%-74.74%
Interest Expense340.24K150.91K125.25K285.00K3.28M
Interest Expense % of Total Revenue4.64%1.48%0.68%0.49%7.86%

Balance Sheet

Currency: CAD2021-06-302022-06-302023-06-302024-06-302025-06-30
Total Assets10.27M9.19M24.97M39.23M138.51M
Total Liabilities5.87M4.75M8.34M20.50M118.75M
Total Equity4.45M4.49M16.39M16.36M14.13M
Cash1.44M931.98K749.43K5.27M7.14M
Total Debt2.55M2.11M1.08M7.28M76.04M
Net Debt1.11M1.18M334.25K2.01M66.27M

Cash Flow

Currency: CAD2021-06-302022-06-302023-06-302024-06-302025-06-30
Operating Cash Flow-2.68M171.21K2.39M8.48M-17.34M
Investing Cash Flow-3.19K-10.97K-8.39M-4.66M-4.27M
Financing Cash Flow2.32M-679.27K5.81M728.00K24.17M
Capital Expenditure3.19K10.97K1.12M7.73M0
Free Cash Flow-2.68M160.24K1.27M753.00K-17.34M
FCF to OCF100.12%93.59%53.05%8.87%100.00%

Earnings

Report DateAug 30, 2023Nov 30, 2023Feb 22, 2024May 14, 2024Nov 15, 2024Feb 14, 2025May 15, 2025Jun 30, 2025Nov 14, 2025Feb 12, 2026May 14, 2026Oct 1, 2026
EPS Estimate------0.010.02-0.03-0.03-0.01-0.06-0.01
EPS Actual-0.030.080.000.070.02-0.05-0.10-0.020.02-0.14-0.11-
Surprise------400.00%-600.00%52.19%166.67%-1300.00%-83.33%-
Timing-----After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap14.19M
Enterprise Value61.76M
Trailing P/E0.00
Forward P/E8.13
PEG Ratio5.97
Price / Sales0.36
Price / Book0.70
EPS-0.13
Book Value0.4426
Revenue (TTM)39.86M
Gross Profit (TTM)10.65M
EBITDA-10.40M
Profit Margin-22.00%
Operating Margin16838.23%
Return on Equity-17.92%
Return on Assets-5.33%
Shares Outstanding53.96M
Shares Float38.69M
Beta-0.07
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
16.32%
Insiders
2.49%
Retail / Other
81.19%

Top Institutional Holders

  • Citadel Advisors Llc
    3.50M6.49%
  • Covalis Capital LLP
    350.00K0.65%
  • Jane Street Group LLC
    171.15K0.32%
  • TCG Advisory Services, LLC
    42.00K0.08%
  • Advisor Group Holdings, Inc.
    31.00K0.06%
  • Nwf Advisory Services Inc
    30.00K0.06%
  • Parallel Advisors, LLC
    27.42K0.05%
  • Geode Capital Management, LLC
    20.94K0.04%
  • Frisch Financial Group Inc
    15.00K0.03%
  • Jacksonville Wealth Management, LLC
    15.00K0.03%
  • Mission Wealth Management, LLC
    11.48K0.02%
  • Virtu Financial LLC
    11.30K0.02%
  • Ferguson Shapiro LLC
    11.00K0.02%
  • Prospera Financial Services Inc
    10.00K0.02%
  • NATIONAL BANK OF CANADA /FI/
    9.24K0.02%
  • UBS Group AG
    4.20K0.01%
  • Royal Bank of Canada
    2.38K0.00%
  • Goss Wealth Management LLC
    1.40K0.00%
  • Federation des caisses Desjardins du Quebec
    1.19K0.00%

Top Fund Holders

  • Fidelity Nasdaq Composite Index
    20.94K0.04%