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Earnings

Hybrid Power Solutions reports Q1 Financial Results

By The Northwire Desk — AI Analysis Oct 30, 2025 · 19:15 HPSS · 0.06 Hybrid Power Solutions Inc.
HPSS · Price

Executive Summary

  • Hybrid Power Solutions reported Q1 2025 net loss of $627,687, an improvement over the prior‑year loss of $1.12 M but with revenue falling to $298,926 from $1.04 M YoY.
  • The company announced a non‑brokered convertible debenture offering closed for $500,000 in Q2 2025.
  • New distribution agreements and pilot orders were secured, including contracts with Canadian transit agencies, universities, and distributors such as One Stop Truck & Equipment, Alamo Auto Supply, and Purafy.

Key Details

  • Financial Results – Q1 2025 (ended Aug 31, 2025)
  • Net loss: $(627,687) vs. $(1,122,670) in Q1 2024.
  • Revenue: $298,926 vs. $1,038,582 in Q1 2024.

  • Expenses: $668,159 vs. $1,425,760 in Q1 2024.

  • Business Highlights – Q1 2025

  • Signed distribution agreements with One Stop Truck & Equipment, Alamo Auto Supply, and Purafy.
  • Formed a partnership with Terrapass (carbon‑offset provider).
  • Executed a Memorandum of Understanding with Volthium Energy Inc. (lithium‑ion battery manufacturer).
  • Received orders for 2 Spark power systems and 2 Batt Pack Jupiter portable power systems from major Canadian transit agencies.
  • Initial sales of Batt Pack Energy and Pro units to Canadian universities; additional Batt Pack Pro units sold through Alamo Auto Supply.

  • Selected to participate in the 2025 Nevada Energy Storage Roadshow, sponsored by the Trade Commissioner Service of Canada.

  • Financing – Q2 2025

  • Closed a non‑brokered offering of convertible debentures raising $500,000. (Terms not disclosed in release.)

  • Management Commentary

  • CEO Francois Byrne highlighted strategic focus on reshoring manufacturing, expanding distributor network, and accelerating R&D collaborations despite CUSMA‑related tariff uncertainty.
  • Emphasized strong demand from AI data centers and pilot deployments with transit agencies, construction firms, and universities.

Notable Quotes

  • “Explosive growth in AI data centers is driving unprecedented demand for resilient, fuel‑free power… our scalable microgrid‑capable Terra systems deliver seamless integration for distributed energy networks…” – Francois Byrne, CEO & Founder.
Read the original news release →

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