Tantalus Systems
Software · North Carolina, United States · 201-500 Employees
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Overview
Headquarters
1130 Situs Ct Ste 230, Raleigh, North Ca...Phone Number
(919) 900-8970Website
www.tantalus.comRevenue
$54.1 MillionStock Symbol
GRIDIndustry
ZI Rank: 3
Signal Type
Feb
Mar
Apr
May
Jun
Jul
ZI Rank
3
4
2
2
1
3
About Tantalus Systems
Tantalus Systems is a technology company specializing in smart grid solutions that help public power and electric cooperative utilities modernize their distribution networks. Its grid modernization platform unifies data from devices, systems and vendors across the grid, enabling greater visibility, automation and operational efficiency. Tantalus helps utilities improve reliability, manage distributed energy resources, enhance customer service and prepare their infrastructure for evolving energy needs.Explore more
Tantalus Systems Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Company Profile Activity
Activity Insights
Tantalus Systems is experiencing very low activity levels compared to other companies in the Software sector.
What does this means?
Tantalus Systems is drawing exceptional interest within the Software industry, suggesting notable developments or strong market momentum, learn more about Tantalus Systems.
Tantalus Systems financials insights
Gather financial insights about Tantalus Systems, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2005
Other Financing Round
$8.1M
2009
Private Equity
$13.5M
2016
Debt
$5.1M
2017
Private Equity
$6M
2020
Debt
$350K
2024
Share Placement
$10M
Tantalus Systems Tech Stack
A closer look at the technologies used by Tantalus Systems
Most Recent Scoops
Earnings
Tantalus Systems has reported trailing 12-month revenue of just over $57 million through March 31 of this year, reflecting an increase of over 20% on a like-for-like basis compared to the prior period. The company also reported adjusted EBITDA of just under $4 million USD for the same period.
Earnings, Finance
Earnings
Tantalus Systems has reported record revenue of $15 million for Q1, reflecting growth of over 25% year-over-year and representing the highest revenue generated in any quarter in the company's history. Gross profit margins continued to trend above 50%, driving positive adjusted EBITDA and positive free cash flow from operations.
Earnings, Accounting, Financial Reporting, Finance
Person-Based
Utility Operations
Earnings
Tantalus Systems has reported revenue of $15.1 million for Q1 2026, reflecting 27% growth year over year.
Earnings, Finance
Earnings
Earnings, Finance
Tantalus Systems News & Media
Tantalus Systems Q2 Earnings Call Highlights
Tantalus Systems (TSE:GRID) reported record second-quarter revenue as utilities increased spending on distribution-grid modernization, while the company expanded adoption of its TRUSense Gateway platform and strengthened its liquidity position. Revenue for the quarter ended June 30 rose 18% year ovTantalus Systems Holding Inc. (GRID:CA) Q2 2026 Earnings Call Transcript
Tantalus Systems Holding Inc. (GRID:CA) Q2 2026 Earnings Call August 6, 2026 10:00 AM EDTCompany ParticipantsPeter Londa - CEO, President & DirectorAzim...Tantalus Systems Announces Debt Restructuring - Yahoo! Finance Canada
Burnaby, British Columbia--(Newsfile Corp. - June 30, 2026) - Tantalus Systems Holding Inc. (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, announced today that the Company has entered into an amended credit facility with Fifth Third Bank, N.A. (as successor to Comerica Bank) ("Fifth Third"). As a result of the amendment, Tantalus' debt facility with Fifth Third...Tantalus Systems Holding Inc. (GRID:CA) Discusses Q1 Performance, New Analytics Offering, and Insights from Recent Users Conference Transcript
Tantalus Systems Holding Inc. (GRID:CA) Discusses Q1 Performance, New Analytics Offering, and Insights from Recent Users Conference May 20, 2026 10:00 AM...
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Tantalus Systems is a technology company specializing in smart grid solutions that help public power and electric cooperative utilities modernize their distribution networks. Its grid modernization platform unifies data from devices, systems and vendors across the grid, enabling greater visibility, automation and operational efficiency. Tantalus he... Read More
