PowerBank (SUUN) Returns to Profitability: Q1 2026 Earnings, AI Deal and Stock Reaction on 17 November 2025
PowerBank Corporation reported a net profit of CAD 1.01 million for Q1 fiscal 2026, reversing a CAD 26.49 million loss a year earlier. Revenue rose to CAD 19.15 million, driven by the operational launch of the Geddes solar project in New York and new development fee income. Gross profit more than doubled to CAD 8.54 million. Earnings per share swung to CAD 0.03 from a loss of CAD 0.87.
