Northwire Canada EditionThursday, October 22, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4075.20 −1.8% SILVER 55.38 −4.0% COPPER 6.41 −2.6% OIL 98.68 +1.6% PALLADIUM 1061.25 −2.6% FTUR 0.280 +0.0% YARR 0.145 −3.3% ATY 0.235 +0.0% EMNT 0.335 −1.5% MOO 0.680 +13.3% BMM 4.44 +3.3% GR 0.060 +0.0% ALS 53.76 −3.6% BUFF 0.690 −1.4% MGG 0.240 −7.7% ALEX 0.340 +0.0% TAJ 0.165 +3.1% VCG 1.34 +0.0% WRR 0.245 +2.1% RCK 0.610 −4.7% PMX 0.080 +0.0% GOLD 4075.20 −1.8% SILVER 55.38 −4.0% COPPER 6.41 −2.6% OIL 98.68 +1.6% PALLADIUM 1061.25 −2.6% FTUR 0.280 +0.0% YARR 0.145 −3.3% ATY 0.235 +0.0% EMNT 0.335 −1.5% MOO 0.680 +13.3% BMM 4.44 +3.3% GR 0.060 +0.0% ALS 53.76 −3.6% BUFF 0.690 −1.4% MGG 0.240 −7.7% ALEX 0.340 +0.0% TAJ 0.165 +3.1% VCG 1.34 +0.0% WRR 0.245 +2.1% RCK 0.610 −4.7% PMX 0.080 +0.0%
Earnings

Revolve Reports Stable Recurring Revenue and Significant Progress Across North American Project Portfolio in Q1, F2026

By The Northwire Desk — AI Analysis Nov 25, 2025 · 17:50 REVV · 0.19 Revolve Renewable Power Corp.
REVV · Price

Executive Summary

  • Revolve Renewable Power Corp. reported Q1 FY2026 revenue of $448,837 (USD) and a net loss of $476,572, an improvement from the prior year’s $1.10 M loss.
  • The company completed an upsized C$3 million financing after quarter‑end, strengthening its balance sheet for late‑stage project development.
  • Significant operational milestones were achieved: regulatory approval for the 15.7 MW Bright Meadows Solar Project in Alberta and a new EPC partnership to develop >5 MW of distributed generation in Mexico.

Key Details

  • Financial Highlights (USD):
  • Total revenue: $448,837 (vs. $448,442 YoY).
  • Energy production: 2,796,378 kWh (‑3% YoY).
  • Gross profit: $285,183; gross margin 64% (down from 67%).
  • Net loss: $476,572 (improved from $1,095,599 YoY).

  • Cash & security deposits as of Sep 30 2025: $1,046,961.

  • Financing:

  • Upsized financing of C$3 million closed post‑quarter, sourced from institutional investors, family offices and insiders.

  • Project Development – Mexico:

  • Progress on 130 MW El 24 Wind Project and 400 MW Presa Nueva Wind Project; regulators have accelerated permitting.

  • New EPC partnership (signed Oct 8 2025) to develop >5 MW of distributed‑generation solar projects for commercial/industrial customers.

  • Project Development – Canada:

  • Received Alberta Utilities Commission Power Plant Approval (Decision 29985‑D01‑2025) for the 15.7 MW Bright Meadows Solar Project; moving to interconnection and construction planning.

  • Project Development – United States:

  • Ongoing work on 20 MW/80 MWh Vernal Battery Energy Storage System and 49.5 MW Primus Wind projects, focusing on commercial offtake agreements.

  • Anticipated receipt of remaining milestone payments from the sale of the 1.25 GW Bouse & Power Solar & Storage portfolio to ENGIE ($40‑$50k per MW).

  • Operating Assets:

  • Stable recurring revenue generated by a 13 MW operating portfolio, now fully utilizing the Windriver Power Corp. acquisition (2024) and the Colima Distributed Generation project in Mexico (early 2025).

  • Equity Incentive Plan:

  • Granted 5,175,000 incentive stock options at $0.40 per share; vesting one year from grant, expiring Nov 25 2028; total pool limited to 10% of outstanding shares.

Notable Quotes

“The first quarter marked strong progress for Revolve as we significantly de‑risked several projects, creating even stronger underlying value for shareholders.” – Myke Clark, CEO

Read the original news release →

More from Revolve Renewable Power Corp.

Jun 12, 2026 · 08:00

Revolve Closes Acquisition of Three-Project, 125 MW US Development-Stage Solar Portfolio

M&A / Property Jun 08, 2026 · 07:00

Revolve To Acquire Three-Project, 125 MW US Development Stage Solar Portfolio

M&A / Property May 26, 2026 · 18:28

Revolve Secures Callaway Lifeline as Mexico Wind Milestones Offset Q3 Loss Widening

Earnings Apr 22, 2026 · 07:00

Revolve Renewable Power Expands Mexico Solar Portfolio Amidst Financing Backing

Other Apr 14, 2026 · 08:00

Revolve Renewable Power Corp.

Other Apr 06, 2026 · 07:00

Pending

Other