Revolve Renewable Power Widens FY2026 Net Loss to $4.87 Million as Revenue Falls

Revolve Renewable Power Corp. reported a net loss of $4.9 million for the fiscal year ended June 30, 2026, compared with a net loss of $2.6 million in FY2025, on total revenue of $2.4 million. The company said the results reflect a year of investment in its next growth phase. Stock Titan published the results on October 21, 2026.

Revolve's FY2026 Results and Mexico Financing

Revolve is a North American owner, operator and developer of renewable energy projects, formed in 2012 and headquartered in Vancouver. Total revenue of $2.4 million compared with $4 million in FY2025, a figure that included $1.7 million of project asset sale revenue. Recurring revenue from operating activities was $2.4 million, up about 7% from $2.2 million. Gross profit was $1.6 million, a gross margin of approximately 68%, against $3.2 million in FY2025. Cash stood at $3.6 million as at June 30, 2026, compared with $1.3 million a year earlier.

"FY2026 was a year of substantial investment in the next phase of Revolve's growth," said CEO Myke Clark. "We advanced construction of new distributed generation projects in Mexico, strengthened our financing platform and continued to invest in our development pipeline."

On August 27, 2026, Revolve announced a MXN $450 million facility, approximately US $24 million, with Banco Multiva for the development, construction and refinancing of distributed generation projects in Mexico, according to TradingView. The facility comprises two MXN $225 million tranches, runs 14 years from signing and covers up to 75% of eligible project costs, with an initial drawdown of about MXN $128.8 million, or US $7.7 million. Banco Multiva said on August 17, 2026 that it will fund a pipeline of over 250 billion pesos (US$14.7 billion) in energy and infrastructure projects following a US$300 million capital raise in early August, BNamericas.com reported.

Revolve's Battery, Wind and Bridge Deals

According to akta.pro company records, Revolve's total funding stands at $91.9 million, with nine funding rounds on record. A July 2026 post-IPO debt round of $11 million was led by Whitfield Power Solutions, and an August 2026 post-IPO debt round of $26.5 million involved two investors. A September 2026 post-IPO debt round of $7.2 million was led by Export Development Canada and Vancity. The same records list a development portfolio of more than 3,000 megawatts and over 1,550 megawatts of wind and solar projects developed and sold to date.

Revolve's Path to the Whitfield Arrangement

On August 12, 2026, Revolve completed the acquisition of a 14.2 MW battery energy storage portfolio from Trillium Storage Limited Partnership and Trillium Storage GP Inc. for approximately CAD$7.63 million, Yahoo reported. On August 27, 2026, the company signed the MXN$450 million non-recourse, project-level financing facility with Banco Multiva, secured by project cash flows and contracted revenues, Yahoo reported. On September 15, 2026, Revolve entered an arrangement agreement with Whitfield Power Solutions to be acquired, offering shareholders $0.23 cash per share or one Class B Unit per 10,000 shares, Newswire reported.

Revolve's Pending Approvals

The proposed Whitfield transaction remains subject to shareholder, court, regulatory and other customary approvals and conditions, the company said.