Legend Power Systems Reports Q1 F2026 Financial Results

About this update from Legend Power Systems Inc.

Legend Power Systems Reports Q1 F2026 Financial ResultsConference Call Scheduled Today at 11am ESTVancouver, British Columbia--(Newsfile Corp. - March 2, 2026) - Legend Power Systems Inc. (TSXV: LPS) (OTCQB: LPSIF) ("Legend Power" or the "Company"), a global leader in commercial electrical system solutions, reports its financial results for the three months ended December 31, 2025 ("Q1 F2026"). The Company has also scheduled a conference call to provide a business update to discuss its Q1 F2026 financial results today at 11:00 AM ET (8:00 AM PT) (details below). The call will be hosted by Randy Buchamer, President & Chief Executive Officer. A complete set of Financial Statements and Management's Discussion & Analysis has been filed at www.sedarplus.ca. All dollar figures are quoted in Canadian dollars.Q1 F2026 HighlightsRevenue of $253 thousand versus $82 thousand for the three months ended December 31, 2024 ("Q1 F2025") Adjusted EBITDA loss of $465 thousand versus a $801 thousand loss in Q1 F2025Net loss of $522 thousand versus a $1 million loss in Q1 F2025Cash of $46 thousand, no debt, and negative $855 thousand in working capital at December 31, 2025Subsequent to quarter end the Company closed a non-brokered private placement for gross proceeds of $1.65 million"The market opportunity for SmartGATE has never been better," said Randy Buchamer, CEO of Legend Power Systems. "As energy infrastructure moves to the forefront of corporate and government investment priorities, we are seeing growing demand for solutions that improve power quality across commercial real estate, education, government, and defence markets. Our pipeline is at an all-time high, reflecting this structural shift in how building owners view energy reliability. To further accelerate adoption, we have introduced a building modeling tool that clearly quantifies the economic impact of SmartGATE, translating operational improvements into measurable financial benefits. Historically, capital allocation decisions have required more financial visibility, and this tool directly addresses that need. We look forward to demonstrating both the operational and financial value of SmartGATE as we convert strong pipeline activity into deployments."Q1 F2026 Operational Highlights Technical Proving Ground program for the United States General Services Administration, which operates approximately 1,...

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