Legend Power Systems Reports Q2 F2026 Financial Results

About this update from Legend Power Systems Inc.

Conference Call Scheduled Today at 11am EST Vancouver, British Columbia--(Newsfile Corp. - May 22, 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 and six months ended March 31, 2026 ("Q2 F2026"). The Company has also scheduled a conference call to provide a business update to discuss its Q2 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. Q2 F2026 Highlights "The second quarter of 2026 marked another important step forward for Legend Power Systems as customer engagement and commercial activity continued to accelerate," said Randy Buchamer, CEO of Legend Power Systems. "Our pipeline is stronger than ever, driven by growing recognition that power quality and energy reliability are becoming mission-critical priorities across commercial real estate, education, government, transportation, and defense infrastructure. Customers are increasingly leaning into our enhanced analytical tools and proprietary risk metrics, which are helping quantify the broader operational and financial impact of poor power quality beyond traditional energy savings alone. As we continue advancing late-stage opportunities and expanding strategic partnerships, we believe SmartGATE™ is increasingly being viewed as essential building energy infrastructure rather than a discretionary efficiency upgrade." Q2 F2026 Operational Highlights Subsequent Events to Quarter End Q2 F2026 Financial Highlights Financial summary for the three and six months ended March 31, 2026 1 Gross margin is based on a blend of both equipment and installation revenue. 2 Adjusted EBITDA is a non-IFRS financial measure. See EBITDA Reconciliation for details. Revenue for the second quarter of 2026 was $545,838, compared with $522,579 in the same quarter of fiscal 2025. The higher revenue during Q2 of fiscal 2026 is primarily due to the fulfillment of additional SmartGATE units. Gross margin in the second quarter of fiscal 2026 was $213,289, com...

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