Tantalus Systems Holding (GRID.TO)

A number of trials ongoing with customers as they seek out contracts. Lumpy numbers. Smaller cap and very thinly traded, so expect trading swings.

Its technology helps power companies become efficient without replacing the entire grid. Sixty utilities are giving its product a trial run before signing contracts. Lots of prospects over 4-5 years. Takeout candidate.

Billy Kawasaki’s Insights - Billy's most-liked answers from 5i Research

In the most recent quarter, connected devices generated $9.3M in revenue, while software and services contributed $4.9M. They have a favorable view of both the company and its management team. The balance sheet is solid, with approximately $2M in net cash and no net debt. Revenue grew 22% last quarter and is expected to remain above 15% going forward. They would view the stock as a BUY for small-cap investors. Unlock Premium - Try 5i Free

With increasing power demand, aging transmission system is under stress. This company has monitoring and control technologies to help utilities assess the state of equipment. For example, allows a weakening transformer to be replaced before it actually blows and people have no power. Also smart meter technology lets utilities manage power loads. 

In trials right now with ~45 different utilities, up from 15 a year ago. Continues to grow revenue and EBITDA. No dividend.

He owns a small position and expects it to be profitable by 2025/26. It is about rebuilding the grid and improving the efficiency of the electrical system. Getting the industry to build new environmental infrastructure is a win-win.