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Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
Etrion
Etrion (ETRXF) investor relations material
Etrion has been otc
Etrion Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary10 Nov, 2025
Executive summary
All operating and under-construction solar assets were sold in 2021; no new projects developed since then.
The company is in the process of winding up, with remaining cash to be distributed to shareholders after settling liabilities.
Delisted from TSX and Nasdaq in 2021 and 2022, respectively.
Financial highlights
No revenue generated in Q3 or the nine months ended September 30, 2025, due to absence of operating assets.
Net loss of $262k for Q3 2025 (vs. net income of $338k in Q3 2024); net loss of $1.17M for the nine months (vs. $744k loss in 2024).
EBITDA for Q3 2025 was $(196)k (vs. $916k in Q3 2024); Adjusted EBITDA was $(196)k (vs. $(419)k in Q3 2024).
Unrestricted cash at September 30, 2025, was $1.6M, down from $6.3M at year-end 2024.
Working capital at September 30, 2025, was $1.6M.
Return of capital of $3.9M distributed to shareholders in May 2025.
Outlook and guidance
No further capital investments planned; company expects to fund all remaining obligations from existing cash.
Any remaining cash after windup and settlement of liabilities will be distributed to shareholders.
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Next Etrion earnings date
Q4 202520 Mar, 2026
Etrion
Next Etrion earnings date
Q4 202520 Mar, 2026
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Frequently asked questions
Etrion Corporation was involved in the development, construction, and operation of solar power generation projects. The company focused on renewable energy infrastructure, primarily building utility-scale solar photovoltaic plants. It provided project development services including permitting, financing, and engineering for energy systems across select international markets. Etrion divested its operating assets as part of a strategic wind-down of its operations. The company is headquartered in Geneva, Switzerland, and its shares were listed on the TSX.
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