NASDAQ : PBK
PowerBank Corporation — Financial statements
Canada
Last price 0.1468 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 9.73M
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Financial statements
PowerBank Corporation (PBK) reported revenue of 27.41M CAD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in CAD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 27.41M | 27.41M | 41.53M | 58.38M | 18.40M | 10.20M |
| Revenue | 27.41M | 27.41M | 41.53M | 58.38M | 18.40M | 10.20M |
| Cost of Revenue | 18.02M | 18.02M | 31.15M | 46.84M | 13.88M | 8.23M |
| Gross Profit | 9.39M | 9.39M | 10.38M | 11.54M | 4.52M | 1.97M |
| Selling, General & Admin | 18.41M | 18.41M | 17.27M | 9.55M | 4.10M | 2.30M |
| Other Operating Expenses | 4.88M | 4.88M | 1.37M | 646.00K | ||
| Operating Expenses | 26.54M | 26.54M | 18.92M | 11.13M | 7.09M | 2.33M |
| Operating Income | -17.14M | -17.14M | -8.54M | 406.00K | -2.57M | -360.55K |
| Interest Expense | -3.87M | -3.87M | -4.60M | -422.00K | -125.25K | -150.91K |
| Interest & Investment Income | 353.00K | 353.00K | 607.00K | 321.00K | 128.41K | |
| Currency Exchange Gain (Loss) | 13.19K | -9.21K | ||||
| Other Non Operating Income (Expenses) | 71.00K | 71.00K | 3.76M | 4.29M | 6.48M | 80.44K |
| EBT Excluding Unusual Items | -20.59M | -20.59M | -8.77M | 4.59M | 3.92M | -440.23K |
| Impairment of Goodwill | -17.78M | |||||
| Gain (Loss) on Sale of Investments | -3.38M | -1.12M | ||||
| Gain (Loss) on Sale of Assets | -542.00K | -542.00K | ||||
| Asset Writedown | -4.72M | -4.72M | -12.60M | -4.10M | ||
| Other Unusual Items | 713.00K | 713.00K | 7.20M | -724.21K | 133.51K | |
| Pretax Income | -25.14M | -25.14M | -35.34M | -631.00K | 3.19M | -306.72K |
| Income Tax Expense | -849.00K | -849.00K | -4.22M | 2.95M | 951.17K | -118.33K |
| Earnings From Continuing Operations | -24.30M | -24.30M | -31.12M | -3.58M | 2.24M | -188.39K |
| Minority Interest in Earnings | 50.00K | 50.00K | 76.00K | 103.00K | ||
| Net Income | -24.25M | -24.25M | -31.04M | -3.47M | 2.24M | -188.39K |
| Net Income to Common | -24.25M | -24.25M | -31.04M | -3.47M | 2.24M | -188.39K |
| Shares Outstanding (Basic) | 41.61M | 41.61M | 32.20M | 27.04M | 19.58M | 16.00M |
| Shares Outstanding (Diluted) | 41.61M | 41.61M | 32.20M | 27.04M | 37.23M | 16.00M |
| EPS (Basic) | -0.58 | -0.58 | -0.96 | -0.13 | 0.11 | -0.01 |
| EPS (Diluted) | -0.58 | -0.58 | -0.96 | -0.13 | 0.06 | -0.01 |
| Free Cash Flow | -22.25M | -22.25M | -25.52M | 753.00K | 1.27M | 160.24K |
| Free Cash Flow Per Share | -0.54 | -0.54 | -0.79 | 0.03 | 0.03 | 0.01 |
| Gross Margin | 34.26% | 34.26% | 24.99% | 19.77% | 24.56% | 19.28% |
| Operating Margin | -62.55% | -62.55% | -20.55% | 0.69% | -13.99% | -3.54% |
| Profit Margin | -88.46% | -88.46% | -74.74% | -5.95% | 12.19% | -1.85% |
| Free Cash Flow Margin | -81.17% | -81.17% | -61.44% | 1.29% | 6.89% | 1.57% |
| EBITDA | -12.72M | -12.72M | -4.28M | 693.00K | -2.57M | -334.76K |
| EBITDA Margin | -46.41% | -46.41% | -10.30% | 1.19% | -13.95% | -3.28% |
| D&A For EBITDA | 4.42M | 4.42M | 4.26M | 287.00K | 7.38K | 25.78K |
| EBIT | -17.14M | -17.14M | -8.54M | 406.00K | -2.57M | -360.55K |
| EBIT Margin | -62.55% | -62.55% | -20.55% | 0.69% | -13.99% | -3.54% |
| Effective Tax Rate | 29.79% | |||||
| Revenue as Reported | 27.41M | 27.41M | 41.53M | 58.38M | 18.40M | 10.20M |
| Advertising Expenses | 103.00K | 103.00K | 1.11M | 4.09M | 282.91K | 8.39K |
Balance sheet
Fiscal year July - June; amounts in CAD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 10.73M | 10.73M | 7.62M | 5.27M | 749.43K | 931.98K |
| Short-Term Investments | 716.00K | 716.00K | 1.11M | 920.00K | 6.55M | |
| Cash & Short-Term Investments | 11.45M | 11.45M | 8.73M | 6.19M | 7.30M | 931.98K |
| Accounts Receivable | 5.02M | 5.02M | 9.20M | 1.46M | 10.92M | 1.86M |
| Other Receivables | 1.51M | 1.51M | 2.74M | 323.00K | 321.02K | 342.72K |
| Receivables | 6.54M | 6.54M | 11.94M | 1.78M | 11.24M | 2.20M |
| Inventory | 18.95M | 18.95M | 9.00M | 6.53M | 448.72K | 195.92K |
| Prepaid Expenses | 2.49M | 2.49M | 1.55M | 584.00K | 949.39K | 37.16K |
| Restricted Cash | 1.52M | 1.52M | 2.10M | |||
| Other Current Assets | 7.96M | 2.54M | 2.11M | 5.62M | ||
| Total Current Assets | 40.94M | 40.94M | 41.28M | 17.63M | 22.05M | 8.98M |
| Property, Plant & Equipment | 67.50M | 67.50M | 72.18M | 13.45M | 1.09M | 211.43K |
| Long-Term Investments | 5.15M | 722.51K | ||||
| Goodwill | 1.64M | 1.64M | 1.64M | 439.00K | ||
| Other Intangible Assets | 17.11M | 17.11M | 19.27M | 2.00M | ||
| Long-Term Deferred Charges | 1.11M | |||||
| Other Long-Term Assets | 6.28M | 6.28M | 4.77M | 554.00K | ||
| Total Assets | 133.47M | 133.47M | 139.14M | 39.23M | 24.97M | 9.19M |
| Accounts Payable | 8.00M | 8.00M | 15.15M | 1.05M | 1.54M | 1.95M |
| Accrued Expenses | 5.20M | 5.20M | 4.59M | 2.15M | ||
| Short-Term Debt | 6.89M | 6.89M | 4.73M | 1.31M | 567.66K | |
| Current Portion of Long-Term Debt | 13.61M | 13.61M | 9.17M | 448.00K | 151.11K | 111.11K |
| Current Portion of Leases | 1.36M | 1.36M | 1.00M | 149.00K | 44.96K | 48.76K |
| Current Income Taxes Payable | 428.00K | 428.00K | 654.00K | 2.11M | 929.94K | 19.23K |
| Current Unearned Revenue | 2.35M | 2.35M | 5.70M | 4.60M | 1.15M | 16.28K |
| Other Current Liabilities | 1.54M | 1.54M | 2.12M | 1.57M | 3.26M | 652.05K |
| Total Current Liabilities | 39.37M | 39.37M | 43.12M | 13.39M | 7.08M | 3.37M |
| Long-Term Debt | 51.78M | 51.78M | 53.79M | 4.38M | 759.26K | 1.23M |
| Long-Term Leases | 7.06M | 7.06M | 7.47M | 993.00K | 128.35K | 153.94K |
| Long-Term Unearned Revenue | 2.16M | 2.16M | ||||
| Long-Term Deferred Tax Liabilities | 5.46M | 5.46M | 5.83M | 1.07M | 3.43K | |
| Other Long-Term Liabilities | 7.25M | 7.25M | 9.17M | 666.00K | 366.86K | |
| Total Liabilities | 113.09M | 113.09M | 119.38M | 20.50M | 8.34M | 4.75M |
| Common Stock | 68.00M | 68.00M | 45.28M | 9.03M | 6.86M | 1.00K |
| Additional Paid-In Capital | 3.45M | 3.45M | 1.95M | 4.06M | 3.00M | |
| Retained Earnings | -52.00M | -52.00M | -27.75M | 3.18M | 6.65M | 4.41M |
| Comprehensive Income & Other | 462.00K | 462.00K | -242.00K | 100.00K | -116.76K | 73.77K |
| Total Common Equity | 19.91M | 19.91M | 19.24M | 16.36M | 16.39M | 4.49M |
| Minority Interest | 463.00K | 463.00K | 519.00K | 2.36M | 238.41K | -44.72K |
| Shareholders' Equity | 20.38M | 20.38M | 19.76M | 18.73M | 16.63M | 4.44M |
| Total Liabilities & Equity | 133.47M | 133.47M | 139.14M | 39.23M | 24.97M | 9.19M |
| Total Debt | 80.70M | 80.70M | 76.17M | 7.28M | 1.08M | 2.11M |
| Net Cash (Debt) | -69.26M | -69.26M | -67.44M | -1.09M | 6.22M | -1.18M |
| Net Cash Per Share | -1.66 | -1.66 | -2.09 | -0.04 | 0.17 | -0.07 |
| Filing Date Shares Outstanding | 61.88M | 61.88M | 36.64M | 30.82M | 26.86M | 16.00M |
| Total Common Shares Outstanding | 47.70M | 47.70M | 35.43M | 27.19M | 26.80M | 16.00M |
| Working Capital | 1.58M | 1.58M | -1.84M | 4.24M | 14.96M | 5.62M |
| Book Value Per Share | 0.42 | 0.42 | 0.54 | 0.60 | 0.61 | 0.28 |
| Tangible Book Value | 1.16M | 1.16M | -1.67M | 13.92M | 16.39M | 4.49M |
| Tangible Book Value Per Share | 0.02 | 0.02 | -0.05 | 0.51 | 0.61 | 0.28 |
| Machinery | 43.00K | 43.00K | 43.00K | 112.00K | 69.51K | 143.69K |
| Construction In Progress | 8.23M | 8.23M | 31.62M | 8.91M |
Cash flow statement
Fiscal year July - June; amounts in CAD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -24.25M | -24.25M | -31.04M | -3.47M | 2.24M | -188.39K |
| Depreciation & Amortization | 5.72M | 5.72M | 5.07M | 410.00K | 49.21K | 25.78K |
| Loss (Gain) From Sale of Assets | 542.00K | 542.00K | 93.00K | 4.79K | ||
| Asset Writedown & Restructuring Costs | 4.68M | 4.68M | 30.37M | 4.10M | ||
| Loss (Gain) From Sale of Investments | 109.00K | 109.00K | 4.72M | 1.26M | ||
| Stock-Based Compensation | 4.58M | 4.58M | 2.20M | 860.00K | 2.95M | |
| Provision & Write-off of Bad Debts | 933.00K | 933.00K | 26.00K | 174.00K | -212.78K | |
| Other Operating Activities | 293.00K | 293.00K | -18.08M | 5.15M | 1.44M | 177.44K |
| Change in Accounts Receivable | 4.08M | 4.08M | -6.64M | -9.86M | 4.07M | |
| Change in Inventory | -12.37M | -12.37M | -2.35M | -264.18K | 455.99K | |
| Change in Accounts Payable | 5.00K | 5.00K | 3.02M | 2.41M | -542.07K | |
| Change in Unearned Revenue | -3.47M | -3.47M | 960.00K | 1.15M | ||
| Change in Income Taxes | -17.46K | |||||
| Change in Other Net Operating Assets | 6.31M | 6.31M | -5.62M | 2.48M | -3.69M | |
| Operating Cash Flow | -12.83M | -12.83M | -17.26M | 8.48M | 2.39M | 171.21K |
| Capital Expenditures | -9.42M | -9.42M | -8.26M | -7.73M | -1.12M | -10.97K |
| Sale of Property, Plant & Equipment | 246.00K | 246.00K | ||||
| Cash Acquisitions | 9.89M | -94.00K | ||||
| Investment in Securities | 390.00K | 390.00K | 454.00K | 3.17M | -7.27M | |
| Other Investing Activities | 1.89M | 1.89M | -6.21M | 400.00 | ||
| Investing Cash Flow | -6.89M | -6.89M | -4.13M | -4.66M | -8.39M | -10.97K |
| Short-Term Debt Issued | 4.81M | 4.81M | 6.19M | 1.25M | 1.25M | |
| Long-Term Debt Issued | 7.07M | 7.07M | 10.09M | 303.37K | ||
| Total Debt Issued | 11.88M | 11.88M | 16.28M | 1.25M | 1.25M | 303.37K |
| Short-Term Debt Repaid | -2.67M | -2.67M | -3.06M | -913.93K | -982.64K | |
| Long-Term Debt Repaid | -6.05M | -6.05M | -5.33M | -628.00K | -140.50K | |
| Lease Payments | -1.11M | -1.11M | -981.00K | -149.00K | -29.39K | |
| Total Debt Repaid | -8.71M | -8.71M | -8.40M | -628.00K | -1.05M | -982.64K |
| Net Debt Issued (Repaid) | 3.16M | 3.16M | 7.88M | 624.00K | 195.56K | -679.27K |
| Issuance of Common Stock | 19.05M | 19.05M | 10.40M | 104.00K | 6.04M | |
| Other Financing Activities | -6.00K | -6.00K | 5.64M | -425.70K | ||
| Financing Cash Flow | 22.20M | 22.20M | 23.93M | 728.00K | 5.81M | -679.27K |
| Foreign Exchange Rate Adjustments | 624.00K | 624.00K | -187.00K | -31.00K | 13.85K | 50.93K |
| Net Cash Flow | 3.11M | 3.11M | 2.35M | 4.52M | -182.55K | -468.10K |
| Free Cash Flow | -22.25M | -22.25M | -25.52M | 753.00K | 1.27M | 160.24K |
| Free Cash Flow Margin | -81.17% | -81.17% | -61.44% | 1.29% | 6.89% | 1.57% |
| Free Cash Flow Per Share | -0.54 | -0.54 | -0.79 | 0.03 | 0.03 | 0.01 |
| Levered Free Cash Flow | -19.91M | -19.91M | -13.57M | 1.76M | -2.26M | -62.58K |
| Unlevered Free Cash Flow | -17.49M | -17.49M | -10.70M | 2.02M | -2.18M | 31.74K |
| Free Cash Flow After Leases | -23.36M | -23.36M | -26.50M | 604.00K | 1.24M | 160.24K |
| Cash Interest Paid | 3.32M | 3.32M | 2.90M | 59.14K | ||
| Cash Income Tax Paid | -333.00K | -333.00K | 2.63M | 1.81M | 17.46K | |
| Change in Working Capital | -5.45M | -5.45M | -10.62M | -4.08M | 156.38K |
Ratios
Fiscal year July - June; amounts in CAD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 9.09M | 32.80M | 53.65M | 162.91M | 182.75M | |
| Enterprise Value | 59.06M | 80.67M | 102.50M | 161.20M | 175.78M | |
| Last Close Price | 0.15 | 0.69 | 1.52 | 6.06 | 6.81 | |
| PE Ratio | 107.94 | |||||
| PS Ratio | 0.44 | 1.70 | 1.76 | 3.82 | 13.15 | |
| PB Ratio | 0.59 | 2.29 | 3.70 | 11.91 | 14.55 | |
| P/TBV Ratio | 10.29 | 40.05 | 16.01 | 14.76 | ||
| P/FCF Ratio | 296.11 | 190.79 | ||||
| P/OCF Ratio | 26.28 | 101.22 | ||||
| EV/Sales Ratio | 3.03 | 4.18 | 3.37 | 3.78 | 12.65 | |
| EV/EBITDA Ratio | 318.37 | |||||
| EV/EBIT Ratio | 543.42 | |||||
| EV/FCF Ratio | 293.00 | 183.51 | ||||
| Debt / Equity Ratio | 3.96 | 3.96 | 3.85 | 0.39 | 0.07 | 0.48 |
| Debt / EBITDA Ratio | 8.92 | |||||
| Debt / FCF Ratio | 9.67 | 0.85 | 13.18 | |||
| Net Debt / Equity Ratio | 3.40 | 3.40 | 3.41 | 0.06 | -0.37 | 0.27 |
| Net Debt / EBITDA Ratio | -5.45 | -5.45 | -15.76 | 1.57 | 2.42 | -3.52 |
| Net Debt / FCF Ratio | -3.11 | -3.11 | -2.64 | 1.45 | -4.90 | 7.37 |
| Asset Turnover | 0.20 | 0.20 | 0.47 | 1.82 | 1.08 | 1.05 |
| Inventory Turnover | 1.29 | 1.29 | 4.01 | 13.42 | 43.06 | 20.85 |
| Quick Ratio | 0.46 | 0.46 | 0.48 | 0.59 | 2.62 | 0.93 |
| Current Ratio | 1.04 | 1.04 | 0.96 | 1.32 | 3.11 | 2.67 |
| Return on Equity (ROE) | -121.06% | -121.06% | -161.70% | -20.23% | 21.28% | -4.26% |
| Return on Assets (ROA) | -7.86% | -7.86% | -5.98% | 0.79% | -9.42% | -2.31% |
| Return on Invested Capital (ROIC) | -18.41% | -19.39% | -15.95% | 2.69% | -22.55% | -6.45% |
| Return on Capital Employed (ROCE) | -18.20% | -18.20% | -8.90% | 1.60% | -14.40% | -6.20% |
| Earnings Yield | -263.10% | -52.05% | -42.42% | -1.56% | 0.93% | |
| FCF Yield | -188.85% | -47.76% | -34.87% | 0.34% | 0.52% | |
| Buyback Yield / Dilution | -29.23% | -29.23% | -19.07% | 27.38% | -132.71% |