Tantalus Systems Holding Inc.
Symbol:
TSX: GRID
OTCPK: TNTLF
Market Cap:
Private
Sector:
Application Software
Summary:
- Tantalus (TSX: GRID) is a technology company that helps utilities modernize and digitize the electric grid to gain the necessary visibility, command and control needed to be more resilient and prepare for the adoption of electric vehicles, solar panels and power walls.
- GRID is deploying its solutions to more than 265 utilities across North America and maintains a 99.4% customer retention rate.
- GRID is expecting 20%-25% revenue growth in 2022 (1H 2022: US$18.4M; 2021: US$32.2M) with US$9M in ARR and a +35% contribution from software and services.