Professional
Added to YB: 2025-05-09
Pitch date: 2025-05-09
E.TO [neutral]
Evolution PowerX Corp.
-1.11%
current return
Author Info
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Company Info
Evolution PowerX Corp., through its subsidiaries, operates as an equipment rental services company in Canada.
Market Cap
CAD 119.8M
Pitch Price
CAD 1.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.22
P/E
31.02
EV/Sales
3.44
Sector
Trading Companies and Distributors
Category
turnaround
Pernas Research Starter Position: Enterprise Group, Inc.
E.TO (earnings update): Revenue $10.3MM (-16% YoY) due to completed gas project; remained profitable with 50% gross margin despite difficult natural gas market. $2.9MM net income (-25%), $4.44MM Adj EBITDA (-33%). Acquired Flex Canada for $20MM, gaining exclusive FlexEnergy turbine rights in Canada.
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