DevvStream Corp. Common Stock
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Sunny Trinh
- Full Time Employees
- 3
- Sector
- Industrials
- Industry
- Industrial - Pollution & Treatment Controls
- Address
- 2133-1177 West Hastings Street Vancouver BC Canada V6E 2K3
- IPO Date
- Nov 8, 2024
- CIK
- 0001854480
- Website
- devvstream.com
- Similar Companies
- Business
- DevvStream Corp. (Nasdaq: DEVS) is a leading carbon management firm specializing in the development, investment, sale, and monetization of environmental assets; energy transition solutions; and innovative carbon management services, including co-development and generation of high-quality carbon credits through technology-based projects. The company operates across three strategic domains: an offset portfolio of nature-based, technology-based, and carbon sequestration credits sold to corporations and governments for offsetting hard-to-abate emissions; project investments, acquisitions, and industry consolidation to build end-to-end solutions; and project development as manager for activities such as EV charging stations and renewable energy generation in exchange for shares of credits or International Renewable Energy Certificates (I-REC). DevvStream leverages blockchain technology, including platforms from affiliate Devvio, Inc., to enhance transparency and liquidity in carbon markets; generates recurring revenues from long-term (10-30 year) credit rights; and targets global sustainability initiatives for governments, corporations, and net-zero commitments in voluntary and compliance markets. Founded in 2021 and headquartered in Vancouver, British Columbia, Canada, the company conducts operations primarily in Canada and the United States, with a global pipeline exceeding 140 technology-driven projects encompassing energy-efficient buildings, industrial facilities, and emissions reduction. In recent developments, DevvStream completed its business combination with Focus Impact Acquisition Corp. in November 2024, achieving a Nasdaq listing under ticker DEVS and securing up to US$43 million in additional capital to fuel growth; closed an initial US$10 million tranche of a US$300 million senior secured convertible note facility with Helena Partners in July 2025 to launch a digital-asset treasury strategy involving Bitcoin and Solana; and added 2.5 million credits to its portfolio while announcing board changes in November 2024. The company reported fiscal year 2025 results in November 2025, highlighting initial revenue from asset monetization, a strengthened balance sheet with $9.73 million in cash, and a focus on acquisition-led expansion despite a net loss of $11.8-$12.1 million; pursued strategic investments like a 50% equity stake in a U.S. carbon sequestration hub; and, most recently on December 3, 2025, announced a business combination with Southern Energy Renewables to scale production of carbon-negative sustainable aviation fuel (SAF) and green methanol, positioning the combined entity under new leadership to meet global regulations like ReFuelEU. DevvStream remains a subsidiary of Devvio, Inc., with approximately five employees and executives including CEO Sunny Trinh.
DevvStream Provides Update on Nasdaq Listing Status and Confirms Business Combination With XCF Global and Southern Energy Is on Track
DevvStream (DEVS) Stock Jumps Over 19% In Pre-Market: What's Going On?
CORRECTING and REPLACING DevvStream Announces $6 Million Equity Investment From EEME Energy, No Additional Share Issuances Expected Prior to Merger; Gives Notice to Terminate $300 Million Equity Line of Credit
DevvStream Announces $6 Million Equity Investment from EEME Energy; Gives Notice to Terminate $300 Million Equity Line of Credit
DevvStream Announces $6 Million Equity Investment from EEME Energy; Gives Notice to Terminate $300 Million Equity Line of Credit
DevvStream, XCF Global, and Southern Energy Renewables Confirm Three-Party Business Combination Remains on Track
DevvStream, XCF Global, and Southern Energy Renewables Confirm Three-Party Business Combination Remains on Track
DevvStream Highlights Southern Energy Renewables' Hapag-Lloyd LOI for Green Methanol Project Development and Long-Term Offtake and New Environmental Attributes MOU
DevvStream Highlights Southern Energy Renewables' Hapag-Lloyd LOI for Green Methanol Project Development and Long-Term Offtake and New Environmental Attributes MOU
DevvStream Named Exclusive Partner to PLN Indonesia Power for Carbon Credit Management of Indonesian Solar Portfolio; Provides Corporate Financing Update
XCF Global, Inc. Announces Receipt of $10 Million Plant Conversion Funding in Support of Pending Business Combination
XCF Global and DevvStream Combine Capabilities to Bring Transferable 45Z Clean Fuel Credits to Market with Potential Value of up to ~$.60 per Gallon for Qualifying SAF Production
XCF Global, Southern Energy Renewables and DevvStream Sign Definitive Business Combination Agreement with Respect to Previously Announced Proposed Three-Party Merger to Create Next-Generation Energy Platform
XCF Global, Southern Energy Renewables and DevvStream Sign Definitive Business Combination Agreement with Respect to Previously Announced Proposed Three-Party Merger to Create Next-Generation Energy Platform
DevvStream Reduces Debt by Approximately $5.9 Million, Net of an Additional $700,000 Loan to Support the Company's Working Capital Needs
XCF Global Provides Update on Ongoing Capital Raise and Merger Discussions
DevvStream, Southern, and Frontline BioEnergy to Advance Biomass-to-Jet Development and Environmental-Asset Monetization
XCF Global, Southern Energy Renewables and DevvStream Agree to Binding Term Sheet for Three-Party Merger
XCF Global, Southern Energy Renewables and DevvStream Agree to Binding Term Sheet for Three-Party Merger
DevvStream and Fayafi Execute Investment Agreement and Advance Plans for “Fayafi x DevvStream Investment Platform”