Hypercharge Networks Corp Stock Price, News & Analysis

Hypercharge Networks and Auctus Property Fund have announced a major EV charging project across Western Canada. The collaboration will deploy 444 Level 2 charging stations across 16 rental communities by Fall 2027.

The project's first phase begins in 2025, targeting six residential communities in Winnipeg with 282 Level 2 charging stations. Hypercharge will lead all aspects, including planning, EV ready plans, electrical engineering, infrastructure buildouts, and managed networking.

This expansion builds on an existing partnership that has already installed over 250 Level 2 charging stations at Deveraux properties. Deveraux Apartment Communities, owned by Auctus Property Fund, manages nearly 5,000 apartments across Manitoba, Saskatchewan, and Alberta, making it one of the largest multi-family developers in the Prairie provinces.

Hypercharge Networks Corp. (OTCQB: HCNWF) has delivered 500 Level 2 EV charging stations to Oakridge Park, one of Canada's largest redevelopment projects in Vancouver, BC. The deployment includes 300 wall-mounted single port chargers and 200 overhead single port chargers designed for high-density valet parking facilities.

The 28-acre Oakridge Park development, co-developed by QuadReal Property Group and Westbank Corp, will feature 850,000 square feet of retail space with 140+ global brands, 3,000+ residences for over 6,000 residents, and 700,000 square feet of office space. The overhead chargers provide a space-efficient solution without requiring dedicated stall placement, while Hypercharge's Eevion™ system integrates with the building's management platform for real-time monitoring.

XCharge North America has announced a strategic partnership with Hypercharge Networks Corp. to deploy GridLink EV chargers across Canada, specifically in British Columbia and Ontario. The partnership aims to enhance EV charging infrastructure and energy management in these regions.

Under the agreement, XCharge NA will supply GridLinks to Hypercharge, who will handle distribution to automotive dealerships and other customers. Hypercharge will manage software and customer support, while XCharge NA will oversee hardware maintenance under warranty.

The GridLink system features:

• 215 kilowatt-hours base capacity, expandable to 430 kilowatt-hours
• Bidirectional charging technology enabling power flow back to the grid
• Direct integration with photovoltaics
• Demand charge elimination
• Ability to avoid costly grid upgrades

Hypercharge Networks reported strong Q3 2025 financial results with record quarterly revenue of $4.98 million, representing a 756% year-over-year increase. The company achieved its highest-ever quarterly gross profit of $1.07 million, up 498% from the previous year.

Key highlights include:

• Net loss reduced by 85% to $356,526 ($0.01 per share)
• Operating expenses decreased 47% to $1.41 million
• Delivered 535 charging ports (115% increase)
• Sales backlog of $8.76 million (60% increase)
• Mobile app users grew 170% to 23,000

The company's gross profit margin declined from 31% to 21% due to a higher proportion of Level 3 DC fast charger sales. Despite this, Hypercharge demonstrated strong progress towards profitability with its fourth consecutive quarter of revenue growth.

Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) has announced significant growth milestones in its EV charging business. The company has surpassed 5,000 charging ports sold across North America, representing a 78% increase compared to the three months ended December 31, 2023. The company's mobile app user base is approaching 25,000, showing a 160% increase, with users collectively charging more than 750,000 minutes weekly.

The company has completed delivery and recognized revenue from 76 DC fast charging ports to a Western Canadian energy infrastructure provider, fulfilling previously announced orders from August and September 2024. Hypercharge will release its fiscal Q3 earnings report for the period ended December 31, 2024, by March 3, 2025. Additionally, board member Vitaly Golomb will step down effective February 7, 2025.

Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) has announced key changes to its financial leadership team. Alex McAulay will join as Chief Financial Officer effective January 10, 2025, receiving 100,000 stock options exercisable at the closing price on his start date with a 4-year term, and 100,000 restricted share units vesting on January 10, 2026. Additionally, Roy Quiñones, CPA, CMA, has been promoted from Accounting Manager to Controller, effective January 1, 2025. Quiñones has been with the company since May 2022. The changes mark a transition from outgoing CFO Navraj Dosanjh.

Hypercharge Networks reported record Q2 2025 results with revenue reaching $1.4 million, up 50% year-over-year. The company delivered a record 615 charging ports, representing a 116% increase. Sales backlog grew 235% to $8.7 million. Gross profit reached $430,808, up 48%, while operating expenses decreased 26% to $1.57 million. Net loss decreased 39% to $1.13 million ($0.016 per share). The company expanded operations to eight provinces in Canada and thirteen states in the US, securing new partnerships including a $3M-$4M order for 76 DC fast charging ports.

Hypercharge Networks has delivered one DC fast charger and three Level 2 charging stations to the Prince Rupert Port Authority (PRPA) in British Columbia, supporting their fleet vehicle electrification initiative. PRPA manages Canada's northernmost west coast trade gateway, facilitating trade between North America and Asia. Additionally, the company announced the resignation of CFO Navraj Dosanjh, effective January 10, 2025. A search for his successor has begun, with Dosanjh committed to ensuring a smooth transition.

Hypercharge Networks has completed the delivery of 778 EV charging stations to PCI Developments' King George Hub development in Surrey, BC. The delivery included 777 Level 2 charging stations and 1 dual-port DC fast charging station, executed across three fiscal quarters. The installations were split with 200 stations in Q1 2024, 400 in Q2, and 178 in Q3. The King George Hub is a mixed-use development featuring over 760,000 square feet of office and retail space, plus approximately 1.2 million square feet of residential space, located at the junction of three rapid transit lines.