Hypercharge Reports First Quarter Fiscal 2026 Results
Hypercharge Networks (OTCQB: HCNWF), a leading EV charging solutions provider, reported strong Q1 fiscal 2026 results with significant year-over-year improvements. Revenue surged 279% to $3.4 million, while gross profit increased 257% to $0.8 million. The company delivered 670 new charging ports, expanding its network to over 5,900 ports across North America.
Key achievements include launching the proprietary Hypercharge Halo™ charging station, delivering 500 stations to Oakridge Park, and progressing on a partnership with Auctus Property Fund to deploy 444 stations. The company's mobile app reached 30,000 registered users, an 88% increase year-over-year. Net loss significantly improved, reducing by 75% to $402,877 compared to the previous year.
Hypercharge Networks (OTCQB: HCNWF), fornitore leader di soluzioni per la ricarica dei veicoli elettrici, ha annunciato solidi risultati del primo trimestre fiscale 2026 con forti miglioramenti anno su anno. I ricavi sono cresciuti del 279% a 3,4 milioni di dollari e il margine lordo è salito del 257% a 0,8 milioni. L’azienda ha installato 670 nuove prese di ricarica, portando la rete a oltre 5.900 punti in Nord America.
Tra i traguardi principali figurano il lancio della stazione di ricarica proprietaria Hypercharge Halo™, la fornitura di 500 stazioni a Oakridge Park e l’avanzamento della partnership con Auctus Property Fund per l’installazione di 444 stazioni. L’app mobile ha raggiunto 30.000 utenti registrati, con un aumento dell’88% su base annua. La perdita netta si è ridotta notevolmente, diminuendo del 75% a 402.877 dollari rispetto all’anno precedente.
Hypercharge Networks (OTCQB: HCNWF), proveedor líder de soluciones de carga para vehículos eléctricos, presentó sólidos resultados del primer trimestre fiscal de 2026 con mejoras significativas interanuales. Los ingresos aumentaron un 279% hasta 3,4 millones de dólares y el beneficio bruto creció un 257% hasta 0,8 millones. La compañía instaló 670 nuevos puntos de carga, ampliando su red a más de 5.900 puntos en Norteamérica.
Logros clave incluyen el lanzamiento de la estación de carga propia Hypercharge Halo™, la entrega de 500 estaciones a Oakridge Park y el avance de la alianza con Auctus Property Fund para desplegar 444 estaciones. La app móvil alcanzó 30.000 usuarios registrados, un aumento del 88% interanual. La pérdida neta mejoró notablemente, reduciéndose un 75% hasta 402.877 dólares respecto al año anterior.
Hypercharge Networks (OTCQB: HCNWF), 전기차 충전 솔루션 선도업체가 2026 회계연도 1분기 실적에서 전년 대비 큰 개선을 보인 견조한 성과를 발표했습니다. 매출은 279% 증가해 340만 달러를 기록했고, 총이익은 257% 증가해 80만 달러에 달했습니다. 회사는 670개의 신규 충전 포트를 공급해 북미에서 총 5,900개 이상의 포트를 확보했습니다.
주요 성과로는 자사 충전기 Hypercharge Halo™ 출시, Oakridge Park에 500대 납품, Auctus Property Fund와의 협력으로 444대 설치 추진 등이 있습니다. 모바일 앱 등록자는 30,000명으로 전년 대비 88% 증가했습니다. 순손실은 크게 개선되어 전년 대비 75% 감소한 402,877달러를 기록했습니다.
Hypercharge Networks (OTCQB: HCNWF), un fournisseur de premier plan de solutions de recharge pour véhicules électriques, a publié de solides résultats du 1er trimestre fiscal 2026 avec des améliorations significatives d’une année sur l’autre. Le chiffre d’affaires a bondi de 279% à 3,4 millions de dollars et la marge brute a augmenté de 257% à 0,8 million. L’entreprise a livré 670 nouvelles bornes de recharge, portant son réseau à plus de 5 900 bornes en Amérique du Nord.
Parmi les réalisations clés figurent le lancement de la station propriétaire Hypercharge Halo™, la livraison de 500 stations à Oakridge Park et l’avancement d’un partenariat avec Auctus Property Fund pour déployer 444 stations. L’application mobile a atteint 30 000 utilisateurs inscrits, soit une hausse de 88% sur un an. La perte nette s’est nettement améliorée, diminuant de 75% à 402 877 dollars par rapport à l’année précédente.
Hypercharge Networks (OTCQB: HCNWF), ein führender Anbieter von Ladestationen für Elektrofahrzeuge, meldete starke Ergebnisse für Q1 des Geschäftsjahres 2026 mit deutlichen Verbesserungen gegenüber dem Vorjahr. Der Umsatz stieg um 279% auf 3,4 Mio. USD, der Bruttogewinn erhöhte sich um 257% auf 0,8 Mio. USD. Das Unternehmen lieferte 670 neue Ladeanschlüsse und erweiterte sein Netzwerk in Nordamerika auf über 5.900 Anschlüsse.
Zu den wichtigen Erfolgen zählen die Einführung der eigenen Ladestation Hypercharge Halo™, die Lieferung von 500 Stationen an Oakridge Park sowie Fortschritte in der Partnerschaft mit Auctus Property Fund zur Bereitstellung von 444 Stationen. Die mobile App verzeichnete 30.000 registrierte Nutzer, ein Plus von 88% gegenüber dem Vorjahr. Der Nettoverlust verbesserte sich deutlich und ging um 75% auf 402.877 USD zurück.
- Revenue increased 279% year-over-year to $3.4 million
- Gross profit grew 257% to $0.8 million
- Net loss reduced by 75% to $402,877
- Charging port network expanded by 59% to over 5,900 ports
- Successfully raised $1.89 million through private placement
- Operating expenses decreased by 33% year-over-year
- Mobile app users grew 88% to 30,000 registered users
- Gross profit margin slightly decreased to 25% from 26% year-over-year
- Still operating at a net loss despite improvements
- Delivered 670 New Charging Ports, +
59% Year-Over-Year - Recognized Revenue of
$3.4 Million , +279% Year-Over-Year - Gross Profit of
$0.8 Million , +257% Year-Over-Year - Net and Comprehensive Loss Reduced by
75% Year-Over-Year
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2025) - Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) (the "Company" or "Hypercharge"), a leading, smart electric vehicle (EV) charging solutions provider and network operator, is announcing the release of its unaudited financial results for the three months ended June 30, 2025, and related management discussion and analysis. All dollar figures are in Canadian Dollars, unless otherwise stated.
"Fiscal 2026 is off to a strong start with disciplined execution and healthy demand across our markets, delivering
"Our network scaled to more than 5,900 charging ports sold across North America, with registered users on the Hypercharge app surpassing 30,000. In the quarter, we delivered 670 charging ports, including 12 DC fast charging ports, and launched Hypercharge Halo™, the first charging station designed by our team and a milestone in expanding our product platform. We also advanced flagship programs with the delivery of 500 stations at Oakridge Park, one of Canada's largest redevelopment projects, and continued progress on our multi-year partnership with Auctus Property Fund to deploy 444 stations across 16 rental communities by Fall 2027.
"Our priorities are clear: expand our network, grow recurring revenue, and maintain discipline in capital allocation, including the addition of new sales and service personnel. In parallel, Hypercharge is advancing the evolution of our business. To strengthen long term scalability, we are making investments in technology and organizational structure to further support our customers as we expand into energy management markets. These initiatives are designed to unlock new revenue opportunities and enhance shareholder value, laying the foundation for the next phase of Hypercharge's growth."
- David Bibby, President and CEO of Hypercharge
Business and Pipeline Highlights (for the three months ended June 30, 2025):
- Charging Ports: Surpassed 5,900 charging ports sold across Canada and the United States, an increase of over
59% compared to June 30, 2024.
- Revenue Growth: The Company achieved recognized revenue of
$3,404,582 for the three months ended June 30, 2025. This represents an increase of$2,506,333 (279% ) compared to the three months ended June 30, 2024, driven by strong market demand and higher delivery of customer orders during the quarter.
- Gross Profit Growth: The Company reported quarterly gross profit of
$841,392 for the three months ended June 30, 2025, an increase of$605,591 (257% ) compared to the three months ended June 30, 2024. The improvement was primarily driven by increased sales volume of EV charging equipment, greater contribution from other revenues, and higher service revenue.
- Loss Reduction: The Company's net and comprehensive loss for the three months ended June 30, 2025, totaled
$(402,877) , reflecting an improvement of$1,207,607 (75% ) compared to the three months ended June 30, 2024. The reduction in loss reflects disciplined expense management, and the adoption of technologies to streamline operations and lower costs.
- Registered Users: Added over 14,000 new users since June 30, 2024, bringing the Hypercharge mobile app to more than 30,000 registered users as of June 30, 2025, a
88% increase year-over-year.
- New Charging Technology: Launched Hypercharge Halo™, a new Level 2 EV charging station designed for multi-family, commercial, and workplace applications, featuring adjustable output up to 48 amps, universal compatibility with J1772 and NACS connectors, and IP65/IK08 durability ratings.
- Oakridge Park Delivery: Delivered 500 Level 2 charging stations to Oakridge Park in Vancouver, BC, one of Canada's largest redevelopment projects. The deployment includes a mix of wall-mounted and overhead charging stations, supporting more than 3,000 new residences, 700,000 square feet of office space, and extensive retail and community amenities.
- Auctus Property Fund Partnership: Announced a multi-year EV charging project in collaboration with Auctus Property Fund LP, part of the Deveraux Group of Companies, to deploy 444 Level 2 charging stations across 16 rental communities in Western Canada by Fall 2027.
- Industry Leadership: Served as a Gold Sponsor of the EV & Charging Expo 2025 in Toronto, ON, showcasing Hypercharge Halo™ and reinforcing the Company's role as a leading North American EV charging solutions provider and network operator.
- Financing: In April 2025, completed in, a non-brokered private placement, raising aggregate gross proceeds of
$1,892,084 , significantly strengthening the Company's balance sheet and enabling investment in operational growth and sales capabilities.
Financial Highlights (for the three months ended June 30, 2025):
The Company recognized quarterly revenue of
Operating expenses totaled
Gross profit for the quarter increased to
Net and comprehensive loss for the three months ended June 30, 2025, improved
Summary of Key Financial Measures:
A summary of selected financial information for the three and twelve months ended March 31, 2025, and March 31, 2024, is as follows:
| Three months ended June 30, 2025 | Three months ended June 30, 2024 | |
| Revenue | ||
| Net and comprehensive loss | ||
| Basic and diluted loss per share |
Condensed Consolidated Financial Statements:
| Three months ended June 30, 2025 | Three months ended June 30, 2024 | |
| Revenue | ||
| Cost of sales | ||
| Gross profit | ||
| Operating Expenses | ||
| General and administrative | ||
| Sales and marketing | ||
| Research and development | ||
| Total Operating Expenses | ||
| Operating loss | ||
| Other expenses (income) | ||
| Foreign exchange (gain) loss | ||
| Interest income, net | ||
| Other income | ||
| Total other expenses (income) | ||
| Net loss | ||
| Other comprehensive income: | ||
| Cumulative translation difference | ||
| Comprehensive loss | ||
| Basic and diluted loss per share | ( | ( |
| Weighted average number of shares outstanding - basic and diluted | 97,463,769 | 70,444,985 |
For more information, please refer to the Company's management's discussion and analysis, and the Company's unaudited condensed consolidated interim financial statements for the three months ended June 30, 2025. These documents are available on the Company's website at https://hypercharge.com/investors/, and under the Company's SEDAR+ profile at https://www.sedarplus.ca/.
-##-
About Hypercharge
Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) is a leading provider of smart electric vehicle (EV) charging solutions for residential and commercial buildings, fleet operations, and other rapidly growing sectors. Driven by its mission to accelerate EV adoption and enable the shift towards a carbon neutral economy, Hypercharge is committed to offering seamless, simple solutions including industry-leading hardware, innovative and integrated software, and comprehensive services, backed by a robust network of public and private charging stations. Learn more: https://hypercharge.com/.
On behalf of the Company,
Hypercharge Networks Corp.
David Bibby, President & CEO
Contact
Media & Investor Relations:
Kyle Kingsnorth, Head of Marketing
kyle.kingsnorth@hypercharge.com | +1 (888) 320-2633
Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements regarding growth, commercial developments, delivery timelines and revenue recognition. Forward-looking statements are often identified by terms such as "may", "could", "should", "anticipate", "will", "estimates", "believes", "intends", "expects" and similar expressions which are intended to identify forward-looking statements. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264397
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