Evolution PowerX cites Alberta market strength, turbine deployments as June 30, 2026 quarter revenue rises 36% to $8.8 million

Reuters2026/08/13 20:24

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Evolution PowerX posted Q2 2026 revenue of $8.83 million, up 36%, citing stronger Alberta activity.
Adjusted EBITDA rose 164% to $2.11 million, with gross margin at $3 million, or 34%.
Management linked momentum to larger projects, higher customer demand, turbine deployments, recurring turbine rentals, and Flexcare service contracts.
Six-month revenue increased 24% to $20.83 million; adjusted EBITDA climbed 45% to $7.54 million.
Repurchased 1,246,400 shares at an average $1.27; added a 3.2-megawatt turbine generator slated for customer projects in Q4 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evolution PowerX Corp. published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Evolution PowerX cites Alberta market strength, turbine deployments as June 30, 2026 quarter revenue rises 36% to $8.8 million

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