Sharc Intl Sys Inc Stock Price, News & Analysis

SHARC Energy (OTCQB:INTWF) has been selected as a Cohort 2 Finalist in the New York Climate Exchange's inaugural Sustainable Solutions Challenge. The company, which specializes in wastewater energy transfer (WET) technology, will showcase its innovations at Climate Week NYC 2025 on September 25 at Governors Island.

The global competition, supported by AWS, Intel, VELUX, and others, attracted over 100 submissions from 11 countries. SHARC Energy will demonstrate a 3D model of their SHARC 660 WET system, currently operational at Brooklyn's Alafia campus, to 150 key stakeholders including urban planners, investors, and public officials.

Selected finalists have the potential to be integrated into The Climate Hub on Governors Island, a pioneering climate education and innovation center set to open in 2029.

SHARC Energy (OTCQB:INTWF) reported strong Q2 2025 financial results, with YTD revenue reaching $1.86M, representing 86% of full-year 2024 revenue and a 19% increase over YTD 2024. Q2 2025 revenue grew 9% to $0.85M compared to Q2 2024.

The company maintains a robust Sales Pipeline of $16.6M and a Sales Order Backlog of $3.7M, marking a 3% growth since May 2025. Gross margins were 44% in Q2 2025 and 37% YTD 2025. The company reported Q2 2025 loss of $0.82M and Adjusted EBITDA loss of $0.46M.

Notable developments include the implementation of SHARC Wastewater Energy Transfer systems in major projects like Lebreton Flats in Ottawa and Sen̓áḵw in Vancouver, plus a recent $1.57M convertible debenture closing.

SHARC International Systems (OTCQB:INTWF), a leader in wastewater energy transfer (WET) technology, has announced the shipment of two SHARC 880 WET Systems to a U.S. government-affiliated project. While specific project details are pending future disclosure, this development marks a significant milestone in the company's U.S. market expansion.

The company's innovative WET technology recently gained recognition through coverage in the Wall Street Journal, highlighting its role in sustainable infrastructure. This shipment demonstrates the growing adoption of SHARC Energy's solutions by cities and governments seeking sustainable alternatives for heating, cooling, and potable hot water systems.

SHARC Energy (INTWF) reported strong Q1 2025 financial results with revenue reaching $1.01M, a 30% increase from Q1 2024 and representing 47% of full-year 2024 revenue. The company maintains a robust Sales Pipeline of $16.5M and Sales Order Backlog of $3.5M, with the latter showing an 18% growth since April. Despite revenue growth, the company reported a Q1 loss of $0.92M and Adjusted EBITDA loss of $0.61M, with gross margins at 31%. Notable developments include key District Energy System projects in Ottawa and Vancouver, with SHARC Wastewater Energy Transfer systems being implemented. The company announced leadership changes, with Fred Andriano appointed as Chairman of the Board. SHARC Energy continues to expand into new sectors including wastewater treatment facilities, universities, and water utilities, while preparing to launch new products through OEM relationships.

SHARC International Systems (OTCQB: INTWF) has announced its Wastewater Energy Transfer (WET) system will power Creative Energy's Sen̓áḵw Energy System in Vancouver. The project is part of Sen̓áḵw, Canada's largest First Nations real estate development, which will include 11 buildings with over 6,000 rental units across 3 million square feet. The development will be Canada's largest net-zero operational carbon purpose-built community. The WET system will utilize heat from Metro Vancouver's sewer trunk mains, marking the first private residential development in Canada to use an external sewer force main as its primary energy source. The system is projected to reduce carbon emissions by 120,000 tonnes over 30 years compared to conventional systems, equivalent to planting 5.5 Stanley Parks. This project represents the first implementation of Metro Vancouver's Sewage and Waste Heat Recovery policy in a private development.

SHARC Energy (OTCQB: INTWF) has secured a short-term working capital loan of up to $400,000 to support ongoing SHARC and PIRANHA projects scheduled for delivery in the next three months. The loan agreement, maturing on July 31, 2025, carries an 8% annual interest rate and is secured against all present and future company assets. As part of the arrangement, SHARC Energy has issued 800,000 stock options, each allowing the purchase of one common share at $0.10 per share with a three-year exercise period.

SHARC Energy (INTWF) announced that two SHARC 880 Wastewater Energy Transfer (WET) systems will power a district energy system in Ottawa's LeBreton Flats redevelopment. The project is led by the LeBreton Community Utility Partnership, a joint venture between Envari Holding Inc. and Theia Partners.

The WET system will provide 9 Megawatts of sustainable heating and cooling to the development, including DREAM's Odenak development - a 600-unit, two-tower project. The system is expected to reduce greenhouse gas emissions by 5,066 tonnes annually, equivalent to the electricity used by 3,387 homes for a year.

Construction will begin in late 2025, with SHARC Energy anticipating equipment delivery during 2026. The partnership is in discussions with the National Capital Commission to potentially expand the WET network to additional land parcels at LeBreton Flats.

SHARC Energy (OTCQB: INTWF) has announced significant changes to its Board of Directors. Fred Andriano has been appointed as Chairman of the Board and Executive Officer, replacing founder Lynn Mueller, who will remain as Vice Chairman and Executive Officer. Andriano brings 20 years of experience in the heating and cooling energy sector, with previous roles including VP of Finance at NIBE North America and CFO at WaterFurnace International.

The company also announced the retirement of Eleanor Chiu from the Board after nearly six years of service. Chiu, who holds a 5% stake in the company, will be succeeded by Andriano as Chairman of the Audit Committee. These leadership changes are part of SHARC Energy's strategic move to accelerate growth, expand markets, and improve profitability in the Wastewater Energy Transfer sector.

SHARC Energy reported strong financial growth for 2024, with revenue reaching $2.17M, marking a 36% increase from 2023's $1.59M. The company enters 2025 with a robust Sales Order Backlog of $3.0M and a Sales Pipeline of $16.8M.

Under new CEO Michael Albertson, the company achieved key milestones including a $2M debenture financing and significant projects like the False Creek Neighbourhood Energy Utility Expansion. The company's backlog includes 9 projects (3 SHARC and 6 PIRANHA), demonstrating diversification in their thermal energy solutions.

Notable developments include involvement in a $1.2B Brooklyn development project and expansion into new sectors such as wastewater treatment facilities and universities. Despite revenue growth, the company reported a loss of $3.72M for 2024, though this represents a 5% improvement from 2023. Gross margins remained stable at 42% compared to 43% in 2023.