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0 0 0 0 -0.00632911392405064 0.0316455696202532 0.0126582278481013 0.00632911392405064
Stock impact report

PowerBank Announces Fiscal Year End Results

PowerBank Corporation (SUUN) 
Company Research Source: PR Newswire
1,508% increase in revenues from IPP production supporting the Company's strategy of generating long-term recurring revenues253% increase in assets fueled by growth of IPP portfolioThis news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June 5, 2025 to its short form base shelf prospectus dated May 7, 2025.TORONTO, Oct. 2, 2025 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: 103) ("PowerBank" or the "Company), reports results for the fiscal year ended June 30, 2025. All financial figures are in Canadian dollars and in accordance with IFRS Accounting Standards as issued by the IASB as presented in the consolidated financial statements.Fiscal Year Highlights (All Amounts are for the Twelve Month Period ended June 30, 2025 ("FY 2025") compared to the Twelve Month Period ended June 30, 2024 ("FY 2024"))Revenues decreased by 29% to $41.5 million in FY 2025 as compared to $58.4 million in FY 2024.IPP rev Show less Read more
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