Eguana Tech Stock Price, News & Analysis

Eguana Technologies (OTC:EGTYF), a provider of energy storage systems, reported significant growth in its Q2 2025 financial results. Revenue reached $0.9 million, a 426% increase year-over-year, while six-month revenue grew 407% to $1.9 million. The company improved its gross margin to 44% in Q2 2025, up from negative margins in Q2 2024.

Operating loss decreased to $698,385, down from $1.59 million in Q2 2024, with six-month net losses improving 58% to $1.26 million. ITOCHU Corporation extended its convertible debenture to November 30th, 2025. The company's management cease trade order has been removed following current filings.

Notable business developments include successful California demand response market testing, continued utility partnerships in Western Canada, and a new RFP award for energy storage demonstration in Southern Alberta.

Eguana Technologies has received an extension from the Alberta Securities Commission for its Management Cease Trade Order (MCTO) until June 30, 2025. The MCTO was initially granted on May 6, 2025, due to delays in filing annual financial statements for FY2024. The delay stems from auditing complexities related to the liquidation of the company's German subsidiary and inventory discrepancies with a third-party vendor, along with resource constraints. During this period, the CEO and CFO cannot trade company securities, and the company cannot conduct share buybacks. The company is working to hire an interim CFO and plans to file Q1 2025 financials after completing the annual filings. Eguana confirms it's not subject to insolvency proceedings and continues to comply with alternative information guidelines under NP 12-203.

Eguana Technologies (TSX: EGT) has provided an update regarding its Management Cease Trade Order (MCTO) related to delayed Annual Filings for FY2024. The Alberta Securities Commission granted the MCTO on May 6, 2025, restricting the CEO and CFO from trading company securities until the Annual Filings are completed. The company has suspended its share buy-back program and prohibited insiders from trading securities during this period. While shareholders can continue trading, Eguana has committed to providing bi-weekly updates following NP 12-203 guidelines. Management expects to complete and file the Annual Filings in the coming weeks. The company confirms it's not subject to insolvency proceedings and has complied with all alternative information guidelines since the initial announcement.

Eguana Technologies (TSXV: EGT) has announced that the Alberta Securities Commission (ASC) has granted a temporary management cease trade order (MCTO) due to delays in filing its 2024 annual financial statements and related documents. The MCTO restricts the CEO and CFO from trading company securities and halts share buy-back activities. The company expects to file the required documents by May 30, 2025. During this period, non-insider shareholders can continue trading, while the company will provide bi-weekly status updates following NP 12-203 guidelines. The delay is attributed to unexpected issues, and the company is actively working with its accounting team to address audit queries.

Eguana Technologies (OTCQB: EGTYF) has announced an anticipated delay in filing its annual financial statements for the year ended December 31, 2024. The company will miss the April 29, 2025 filing deadline due to recent personnel changes, specifically the departure of their CFO announced on March 11, 2025.

The company is working with reduced staff and has added additional accounting resources to support the finalization of year-end reporting. Eguana expects to complete all required filings by May 31, 2025 and has applied to the Alberta Securities Commission for a voluntary management cease trade order (MCTO). If granted, the MCTO will only restrict trading for the CEO and CFO while remaining in effect until the Annual Filings are completed.

The company commits to providing bi-weekly status updates and confirms it is not subject to any insolvency proceedings.

Eguana Technologies (TSXV: EGT) reports significant progress in its exclusive British Columbia feeder program, having shipped over half a megawatt of Evolve energy storage systems in twelve weeks. The utility-funded program aims to strengthen two targeted feeders through advanced battery installations.

The systems generate monthly recurring revenue through system level and fleet management services via Eguana's Hardware and Cloud platforms. The program operates within the utility's Demand Response initiative, using Eguana's Exchange Fleet Control software integrated with DERMS to manage battery charge and discharge functions.

The company expects to complete the full megawatt installation by spring 2025. Additionally, Eguana has completed fleet aggregated demand response testing in California, plans a late summer roll out in Alberta, and is participating in an Ontario utility RFP. The company also maintains ongoing utility demonstrations in Vermont, Oregon, and Nova Scotia.

Eguana Technologies (TSXV: EGT) (OTCQB: EGTYF) has received approval from the TSX Venture Exchange for a 10:1 share consolidation. The consolidation will be effective April 4, 2025, with the company trading under new CUSIP/ISIN numbers 282365501/CA2823655014.

Under this consolidation, the company's 451,956,022 outstanding common shares will be reduced to approximately 45,195,602 shares. Shareholders' percentage ownership and proportionate voting power will remain unchanged, except for minor adjustments related to fractional shares.

Eguana Technologies (TSXV: EGT) has announced a strategic collaboration with Itron to enhance utility control of distributed energy storage systems. The partnership integrates Eguana's energy storage systems with Itron's IntelliFLEX grid edge DERMS solution, enabling advanced utility control functionality through standards-based integration.

Both companies will market the combined solution to utility customers, particularly targeting those looking to expand distributed energy storage procurement while utilizing established grid edge dispatch and monitoring networks. The integration allows residential energy storage systems to move beyond basic backup power and occasional demand response, positioning them as essential contributors to grid capacity and infrastructure.

Eguana Technologies (EGTYF) has reached a settlement regarding its collaboration agreement with Duracell Power Center. Under the settlement terms, Duracell Power Center has paid a US$250,000 cash termination fee and will transfer ownership of US$1.1M in finished goods, including 5KW and 10KW Evolve systems, to Eguana.

Key terms include:

• Eguana will provide replacement parts during the remaining warranty period
• Duracell Power Center remains responsible for field support costs of warranty replacements
• Manufacturing credit available to Eguana increased by US$250,000 to US$1.45M, to be utilized within 36 months

The settlement enhances Eguana's finished goods inventory, supporting their feeder enhancement project in British Columbia and utility strategy, while providing near-term liquidity and reducing working capital requirements through 2026.