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: 1
Signal Type
Jan
Feb
Mar
Apr
May
Jun
ZI Rank
4
3
4
2
2
1
About Tantalus Systems
Tantalus Systems Holding Inc. is a smart grid technology company headquartered in Burnaby, British Columbia, Canada, founded in 1989. The company specializes in helping public power and electric cooperative utilities modernize their distribution grids through data-centric solutions. Its flagship offering, the Tantalus Grid Modernization Platform (TGMP), delivers data interoperability across devices, systems, and vendors — spanning substations, distribution circuits, metering infrastructure, and distributed energy resources (DERs). Core products include TRUConnect AMI, TRUFlex Load and DER Management, TRUGrid Automation, and TRUSense Gateway. Tantalus operates across two business segments — Connected Devices and Software and Services — and serves over 300 utilities primarily across the United States and Canada. The company is publicly traded on the Toronto Stock Exchange under the ticker GRID.Explore more
Tantalus Systems Org Chart
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Number of Employees
Type
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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 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...Tantalus Systems Holding Inc. (GRID:CA) Q1 2026 Earnings Call Transcript
Tantalus Systems Holding Inc. (GRID:CA) Q1 2026 Earnings Call May 7, 2026 11:00 AM EDTCompany ParticipantsPeter Londa - CEO, President & DirectorAzim...How Tantalus Systems (TSX:GRID) Narrative Is Shifting With New Coverage And Itron Agreement
Tantalus Systems Holding now carries a CA$7.06 fair value estimate, a small shift from the prior CA$6.97 target that keeps the focus on a fairly tight price range. Bullish and bearish analysts alike are weighing this updated target against the new CA$7.00 Outperform rating, using it as a reference point for how current research lines up with earlier fair value work. As you read on, you will see how these price targets, research notes andTantalus Systems Posts Record FY2025 Revenue, EBITDA; TRUSense Gateway Adoption Hits 66 Utilities
Tantalus Systems (TSE:GRID) executives highlighted record revenue, profitability and orders for fiscal 2025 during a recent company update following the release of fourth-quarter and year-end results. President and CEO Peter Londa and CFO Azim Lalani also discussed deployment progress for the compan
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Frequently Asked Questions Regarding Tantalus Systems
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Tantalus Systems Holding Inc. is a smart grid technology company headquartered in Burnaby, British Columbia, Canada, founded in 1989. The company specializes in helping public power and electric cooperative utilities modernize their distribution grids through data-centric solutions. Its flagship offering, the Tantalus Grid Modernization Platform (T... Read More
