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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Evolution PowerX
Evolution PowerX (E) investor relations material
Evolution PowerX Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary12 Nov, 2026
Executive summary
Five consecutive quarters of YoY revenue and Adjusted EBITDA growth; Q3 revenue rose 12% to C$10.29M and Adjusted EBITDA rose 13% to C$3.52M.
9M revenue increased 19% to C$31.06M and Adjusted EBITDA increased 33% to C$11.06M, supported by Alberta activity and demand for natural-gas power.
Customer concentration improved in 2026 as the customer base diversified.
Financial highlights
Q3 gross margin was C$4.19M versus C$3.83M YoY; 9M gross margin was C$13.29M versus C$10.65M.
Q3 net income was C$0.59M versus C$0.82M; 9M net income was C$2.94M versus C$2.87M.
9M income before tax was C$3.86M versus C$3.65M; income before financing and taxes was C$5.42M versus C$3.98M.
9M operating cash flow was C$8.55M versus C$9.15M; period-end cash was C$7.66M versus C$11.14M at December 31, 2025.
Outlook and guidance
The SPG4 3.2-MW natural-gas turbine was in development and expected to be ready for deployment in late 2026, as an initial step toward larger-capacity power solutions.
Two turbine-manufacturer exclusivity agreements provide access to units, with estimated six-to-nine-month deployment capability to respond to demand.
Priorities include disciplined capital allocation, operating efficiency, customer and Indigenous-partner collaboration, and reliable lower-emission energy solutions.
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Latest events from Evolution PowerX
- Established cash flow and expanding turbine capacity target rising demand for distributed power.E
Planet MicroCap Showcase: Toronto 2026 - Strong growth, exclusive technology, and high cash flow drive expansion in natural gas power.EInvestor presentation
- Record revenue and EBITDA growth fueled by Alberta demand and fleet expansion.EQ2 2026
- Q1 2026 delivered double-digit revenue and EBITDA growth, with strategic investments fueling expansion.EQ1 2026
- Q4 revenue and EBITDA surged, but full-year margins and net income declined amid strategic expansion.EQ4 2025
- Q3 2025 revenue rose 35% year-over-year, with net income turning positive amid strong demand.EQ3 2025
- Revenue declined 16% year-over-year, but strategic acquisitions and financing support future growth.EQ1 2025
- Flex Canada acquisition accelerates growth and diversification into power solutions.EStatus Update
- Exclusive low-emission power solutions drive strong growth and profitability.EInvestor Update
Next Evolution PowerX earnings date
Q4 202612 Mar, 2027
Evolution PowerX
Next Evolution PowerX earnings date
Q4 202612 Mar, 2027
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Frequently asked questions
Enterprise Group Inc is a Canada-based company that provides specialized equipment and services to the energy, utility, and infrastructure sectors. Its operations include the rental and maintenance of heavy equipment, as well as the installation and servicing of underground infrastructure such as pipelines and utilities. The company serves clients involved in construction, oil and gas, and municipal projects, primarily in Western Canada. Enterprise Group Inc is headquartered in St. Albert, Alberta, and its shares are listed on the TSX.