Northwire Canada EditionThursday, October 15, 2026
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Earnings

Legend Power Systems Reports Q4 F2025 Financial Results

LPS · Price

Executive Summary

  • Legend Power Systems reported Q4 FY2025 revenue of C$690k, a modest decline YoY but improved gross margin to 25% and reduced operating expenses.
  • Adjusted EBITDA loss narrowed to C$514k (‑33% vs prior year) and net loss decreased to C$481k, indicating improving profitability trends.
  • The company highlighted strong sales activity, ongoing “Green Proving Ground” program with the U.S. GSA, and an active pipeline of over 196 commercial real‑estate buildings for SmartGATE installations.

Key Details

  • Revenue: C$690,284 (Q4 FY2025) vs C$705,335 (Q4 FY2024), –2% YoY; full‑year revenue C$1.68 M vs C$1.87 M, –10% YoY.
  • Gross Margin: 25% in Q4 FY2025 vs 21% in Q4 FY2024 (+4 pts); full‑year gross margin 23% vs 38% YoY (decline due to inventory provision and lower ASP).
  • Operating Expenses: C$652,188 in Q4 FY2025 vs C$976,967 in Q4 FY2024 (‑33%); full‑year expenses C$3.67 M vs C$4.01 M (‑9%).
  • Adjusted EBITDA: –C$514,444 in Q4 FY2025 vs –C$763,529 in Q4 FY2024 (+33%); full‑year adjusted EBITDA –C$2.85 M vs –C$2.94 M (slight improvement).
  • Net Loss: –C$481,441 in Q4 FY2025 vs –C$832,475 in Q4 FY2024 (‑42%); full‑year net loss –C$3.29 M vs –C$3.30 M (essentially flat).
  • Operational Highlights:
  • “Green Proving Ground” program with U.S. GSA progressing on ~1,800 federal buildings.
  • Active sales cycles covering >196 commercial‑real‑estate buildings and >400 potential SmartGATE units.
  • Continued strong reseller market demand for Smart Gates and power‑quality solutions.
  • Conference Call: Hosted by President & CEO Randy Buchamer on Jan 29 2026, 11:00 AM ET (webinar link provided).

Notable Quotes

“Alternative energy growth… ensure that Legend solutions have a huge marketplace,” – Randy Buchamer, President & CEO.
“With a proven technology, a growing pipeline, and a clear path to strong revenue growth over the next 3‑5 years, Legend Power Systems is poised to redefine the future of power optimization.” – Randy Buchamer.

Read the original news release →

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