Company Description
Hypercharge Networks Corp. (OTCQB: HCNWF; TSXV: HC; FSE: PB7) is described as a provider of smart electric vehicle (EV) charging solutions and a network operator. According to the company’s public disclosures, Hypercharge focuses on EV charging for residential and commercial buildings, fleet operations, and other sectors it identifies as rapidly growing. The company positions its business around EV charging hardware, software, and services, supported by a network of public and private charging stations across North America.
In its news releases, Hypercharge states that its mission is to accelerate EV adoption and enable the shift towards a carbon neutral economy. To support this mission, the company highlights the deployment of Level 2 and DC fast charging ports, the growth of its mobile app user base, and partnerships with real estate developers, property funds, and technology providers. Hypercharge reports that it has sold thousands of charging ports across Canada and the United States and that its registered app users number in the tens of thousands.
Business focus and EV charging network
Hypercharge identifies itself as a smart EV charging solutions provider and network operator. Its disclosures emphasize several aspects of its business:
- Deployment of Level 2 charging stations for multi-family, commercial, workplace, and rental communities.
- Deployment of DC fast charging ports, including for fleet operations and energy infrastructure providers.
- Operation of the Hypercharge mobile app, which connects users to the Hypercharge Network and roaming partners.
- Provision of professional services such as planning, engineering, infrastructure buildouts, networking, and project management for charging projects.
The company reports that it has surpassed 5,000 charging ports sold across Canada and the United States since commencing operations in June 2021, and later notes that its network scaled to more than 5,900 charging ports sold across North America. Hypercharge also reports that its mobile app has more than 30,000 registered users, who collectively log substantial charging time each week.
Products and technology highlighted by the company
Hypercharge has publicly discussed specific EV charging offerings and technology elements. In its communications, the company notes that it provides Level 2 charging stations and DC fast charging ports. It has announced the launch of Hypercharge Halo™, described as a Level 2 EV charging station designed for multi-family, commercial, and workplace applications. The company states that Hypercharge Halo offers adjustable charging output, a Halo LED indicator for charging status, multiple activation methods, connector options, and a design intended for indoor and outdoor use with specified ingress and impact protection ratings.
Hypercharge also references its proprietary software platform, Eevion™, which it states powers EV charging functionality in partner applications and integrates with building management platforms for real-time monitoring and smart management. In addition, the company has disclosed a partnership with XCharge North America under which Hypercharge will distribute XCharge NA’s GridLink chargers in parts of Canada and provide software and customer support maintenance for those units.
Key customer and project examples
Company news releases provide examples of how Hypercharge applies its EV charging solutions in real-world projects. These examples illustrate the types of customers and use cases the company targets:
- Large mixed-use redevelopment: Hypercharge reports delivering 500 Level 2 charging stations to Oakridge Park, which it describes as one of Canada’s largest redevelopment projects in Vancouver, British Columbia. The deployment includes a mix of wall-mounted and overhead Level 2 chargers to support residential, office, retail, and valet parking needs.
- Multi-year rental community program: Hypercharge has announced a multi-year project 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. The company states that it will lead planning, activation, and long-term support for these sites.
- Residential condominium development: Hypercharge has disclosed that it will supply 49 Level 2 charging stations to hue by Marcon, a residential community in Port Moody, British Columbia, with deliveries and installations staged by building.
- Fleet and energy infrastructure: Hypercharge reports delivering 76 DC fast charging ports to a Western Canadian energy infrastructure provider for use by its operational fleet, recognizing the associated revenue from previously announced sales.
- Parking and mobility partnerships: The company notes collaboration with Precise ParkLink Inc., including activation of EV charging functionality within the Parkedin™ mobile app powered by Eevion™, and partnership on projects such as Oakridge Park.
Geographic scope and sector exposure
In its public statements, Hypercharge repeatedly references operations and deployments across Canada and the United States, and more broadly across North America. The company’s project announcements span provinces such as British Columbia, Manitoba, Saskatchewan, and Alberta, and mention deployments in rental communities, mixed-use developments, and fleet operations. Through these examples, Hypercharge indicates exposure to sectors including multi-family residential, commercial real estate, parking and mobility services, and energy infrastructure.
Growth indicators reported by the company
Hypercharge’s financial news releases emphasize growth in revenue, gross profit, charging ports delivered, and app users. The company reports record annual revenue and gross profit for its fiscal year ended March 31, 2025, as well as record quarterly revenue and gross profit in subsequent periods. It also notes reductions in operating expenses and net loss over time. While specific figures are tied to particular reporting periods, the company characterizes these trends as evidence of expanding demand for its EV charging solutions and efforts to manage expenses.
The company also highlights a sales backlog measured in millions of dollars, which it presents as providing visibility into future deployments. It states that its backlog increased year-over-year and that deliveries from this backlog contributed to recognized revenue.
Business model characteristics described by Hypercharge
Based on its own disclosures, Hypercharge’s business model includes:
- Sale and deployment of EV charging hardware, including Level 2 and DC fast charging stations.
- Provision of software platforms such as the Hypercharge mobile app and Eevion™, which support user access, activation methods, and integration with partner applications and building systems.
- Professional services around EV charging projects, including EV ready plans, electrical engineering, infrastructure buildouts, networking, and project management.
- Operation of a charging network comprising public and private charging stations, with usage facilitated through its app and roaming partners.
The company also refers to recurring revenue and network-driven usage, although detailed breakdowns of revenue sources are contained in its financial statements and management discussion and analysis, which it directs readers to on its investor relations channels and SEDAR+ profile.
Capital markets and corporate information
Hypercharge states that its shares trade on the TSX Venture Exchange under the symbol HC, on the OTCQB market under the symbol HCNWF, and on the Frankfurt Stock Exchange under the symbol PB7. The company has disclosed private placements to raise capital and equity incentive grants such as stock options, restricted share units, and performance share units under its equity incentive plan, subject to TSX Venture Exchange requirements.
Hypercharge’s news releases also mention changes to its board of directors, including appointments and resignations, and refer to the availability of audited and unaudited financial statements, management’s discussion and analysis, and an annual information form through its investor channels and SEDAR+.
Positioning within the EV charging ecosystem
Through its communications, Hypercharge presents itself as a North American EV charging solutions provider focused on smart charging, network operation, and integrated software. It emphasizes deployments in large-scale real estate projects, rental communities, and fleet operations, as well as partnerships with parking operators and technology providers. The company links its activities to broader themes of EV adoption and carbon neutrality, while pointing investors and stakeholders to its financial filings and project announcements for detailed information.
FAQs about Hypercharge Networks Corp. (HCNWF)
- What does Hypercharge Networks Corp. do?
Hypercharge Networks Corp. describes itself as a provider of smart electric vehicle (EV) charging solutions and a network operator. The company focuses on EV charging for residential and commercial buildings, fleet operations, and other sectors it identifies as rapidly growing, combining charging hardware, software platforms, and related services. - Where does Hypercharge operate?
In its public disclosures, Hypercharge reports that it has sold thousands of charging ports across Canada and the United States and refers more broadly to deployments across North America. Project announcements mention locations in provinces such as British Columbia, Manitoba, Saskatchewan, and Alberta. - What types of EV charging does Hypercharge provide?
Hypercharge reports deploying Level 2 charging stations and DC fast charging ports. It has highlighted Level 2 chargers for multi-family, commercial, and workplace properties, as well as DC fast charging ports for fleet operations and an energy infrastructure provider. - What is Hypercharge Halo™?
Hypercharge Halo™ is described by the company as a Level 2 EV charging station designed for multi-family, commercial, and workplace applications. According to Hypercharge, Halo offers adjustable charging output, a Halo LED indicator for charging status, multiple activation methods, connector options, and a design intended for indoor and outdoor installation with specified protection ratings. - Who are some of Hypercharge’s project partners?
Hypercharge’s news releases reference projects with organizations such as Oakridge Park (co-developed by QuadReal Property Group and Westbank Corp.), Auctus Property Fund LP and Deveraux Apartment Communities, Marcon, Precise ParkLink Inc., and a Western Canadian energy infrastructure provider. It has also announced a partnership with XCharge North America to deploy GridLink chargers in Canada. - How does the Hypercharge mobile app fit into the business?
The company states that the Hypercharge mobile app connects users to the Hypercharge Network and roaming partners. It reports that tens of thousands of users have registered for the app and that these users collectively log substantial charging time each week, indicating a role for the app in accessing and managing charging sessions. - What is Eevion™?
Eevion™ is described by Hypercharge as its proprietary software platform. The company notes that Eevion powers EV charging functionality in partner applications such as the Parkedin™ mobile app and integrates with building management platforms for real-time monitoring and smart management of charging infrastructure. - On which exchanges is Hypercharge listed?
Hypercharge reports that its shares trade on the TSX Venture Exchange under the symbol HC, on the OTCQB market in the United States under the symbol HCNWF, and on the Frankfurt Stock Exchange under the symbol PB7. - How does Hypercharge describe its growth?
In its financial and corporate updates, Hypercharge highlights growth in recognized revenue, gross profit, charging ports delivered, and registered app users, as well as reductions in operating expenses and net loss over time. It also notes an increasing sales backlog, which it presents as an indicator of future deployments. - Where can investors find Hypercharge’s official financial information?
Hypercharge states that its audited and unaudited financial statements, management’s discussion and analysis, and annual information form are available through its investor relations channels and under its profile on SEDAR+, which is the Canadian regulatory filings platform.
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