Business
Revolve Reports a 15% Recurring Revenue Increase and Significant Progress Across North American Project Portfolio in Q2, F2026
VANCOUVER, BC / ACCESS Newswire / February 25, 2026 /Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, reported its financial results for ...
About this update from Revolve Renewable Power Corp
[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / February 25, 2026 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, reported its financial results for the three and six months ended December 31, 2025 ("Q2 FY2026"). This earnings release should be read in conjunction with the Company's condensed interim consolidated financial statements and management's discussion and analysis, which are available on the Company's website at www.revolve-renewablepower.com and have been posted on SEDAR+ at www.sedarplus.ca.","length":652,"tagName":"p"},{"type":"text","content":""Revolve recorded a 15% increase in recurring revenue in Q2, 2026, from our 13-megawatt ("MW") portfolio of operating assets while making key investments in the continued development of our project pipeline," said CEO Myke Clark. "In addition to that revenue growth, the Revolve team achieved several milestones on our utility scale portfolio while continuing to expand our distributed generation pipeline and assess additional acquisition opportunities to accelerate our near-term recurring revenue stream even more aggressively. Finally, subsequent to the end of the quarter, Revolve closed a US$40 million a transformative strategic financing partnership that will solidify our balance sheet and help to accelerate our business plan."","length":767,"tagName":"p"},{"type":"text","content":"Key financial highlights (all figures reported in USD):","length":55,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total revenue of $717,457 compared to $621,927 in Q2, FY2025, an increase of 15%. Total revenue in Q2, FY2026 was comprised entirely of recurring revenue from operating assets.","length":176,"tagName":"p"}]},{"val":[{"type":"text","content":"Energy Production of 5,179,733 kilowatt hours ("kWh") from operating assets, an increase of 17% from 4,441,039 kWh, compared to Q2, FY2025.","length":149,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit of $524,226, representing a gross profit margin of 73% compared to a gross profit of $488,605 representing a gross profit margin of 79% in Q2, FY2025.","length":163,"tagName":"p"}]},{"val":[{"type":"text","content":"A net loss ...