PowerBank Corporation reported a fiscal 2026 net loss of $24.3 million, improving by $6.8 million from the previous year, driven by a gross margin increase to 34.7% from 25.3%. Revenue declined to $27.4 million from $41.5 million as the company shifted focus from selling projects to owning them. The company also achieved milestones including commercial operation of new battery storage and solar projects, positioning for revenue growth in fiscal 2027. Working capital improved to $1.6 million, and production revenue from independent power projects rose to $9.8 million, signaling operational progress despite ongoing losses.
PowerBank's fiscal 2026 results show a net loss of $24.3 million, improved by $6.8 million from the previous year, with a gross margin rising to 34.7%. For readers following the energy sector, here is Pluang's market snapshot as of Sep 29, 2026 17:32 WIB: Among 38 priced US energy stocks, 13 rose and 22 fell. Notable movers include TotalEnergies SE (TTE) at USD 89.51 with 58% sell activity, Phillips 66 (PSX) at USD 251.78 with 79% buy activity, and Cameco (CCJ) at USD 87.62 with 100% buy activity and a typical hold time of 3 days.
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Curaleaf Holdings, a leading cannabis product provider, announced it will release its financial and operating results for the third quarter ending September 30, 2026, after market close on November 3, 2026. The company will host a conference call and...
Prediction markets Kalshi and Polymarket estimate a roughly 33-38% chance that Bitcoin will reach $100,000 before the end of 2026. Kalshi's contract shows a 38% probability based on the CF Bitcoin Real-Time Index, while Polymarket's contract indicate...
Rithm Capital Corp. (RITM) maintains a stable dividend of $0.25 per share with a trailing twelve-month yield of 10.95% as of Q3 2026. The company’s core earnings consistently cover dividends, indicating high dividend sustainability through 2026 and i...
