Maxim Power Corp.

Maxim Power Corp.

MXGFF
Maxim Power Corp.US flagOther OTC
3.03
USD
- -
- -
192.61MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.21
2.64
0.36
0.12
0.04
0.37
0.54
0.93
3.12
2.82
0.82
1.93
1.36
1.29
Basic EPS, GAAP
0.18
-0.17
-1.43
-0.99
0.34
0.08
-0.11
0.19
1.57
0.84
0.56
0.42
0.26
0.21
Free Cash Flow per Basic Share
0.44
-0.11
-0.89
-0.27
-0.41
-0.68
-1.9
-0.26
0.33
-0.09
-0.08
1.46
0.27
-0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.61
- -
- -
Book Value per Share
4.76
4.59
3.16
2.17
2.52
2.54
2.43
2.71
4.29
5.11
5.64
5.76
5.01
5.01
Tangible Book Value per Share
4.34
4.33
3.57
2.76
2.72
2.76
2.66
2.96
4.54
5.36
5.91
6.02
5.23
5.23
Basic Weighted Avg Shares
54
54
54
54
54
54
52
50
50
50
50
53
64
64
Sales/Revenue/Turnover
174
143
20
6
2
20
28
47
156
141
41
101
87
82
Operating Margin (%)
9.42
-5.41
-113.8
-541.8
-946.29
-61.15
-25.44
4.65
46.71
31.88
-32.93
20.09
4.53
1.06
Depreciation Expense
19
22
7
5
5
6
3
5
8
11
10
15
16
16
Net Income, GAAP
10
-9
-77
-54
18
4
-6
9
79
42
28
22
17
13
Effective Tax Rate (%)
23.26
- -
- -
- -
- -
- -
- -
- -
20.01
19.62
24.35
21.96
8.49
3.29
Profit Margin (%)
5.52
-6.38
-395.88
-829.73
912.85
22.17
-20.65
19.82
50.32
29.93
68.25
21.63
19.22
16.09
Working Capital
46
27
13
98
97
64
2
6
16
54
66
30
56
34
LT Debt
53
50
61
- -
- -
- -
46
65
54
81
76
- -
- -
- -
Total Equity
270
268
217
157
149
149
139
148
227
269
298
316
333
333
Return on Invested Capital (%)
3.91
- -
- -
- -
- -
- -
- -
- -
23.51
11.36
-2.81
4.58
1.11
0.26
Return on Capital (%)
3.86
- -
- -
- -
- -
- -
- -
- -
35.28
15.45
9.46
8.11
5.43
4.28
Return on Common Equity (%)
3.8
-3.6
-36.87
-37.24
14.5
3.2
-4.44
7.05
44.86
17.98
10.47
7.47
5.37
4.24

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
64
64
64
Market Capitalization
301
285
282

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
67
70
51
Cash, Cash Equivalents & STI
53
57
37
Accounts Receivable, Net
13
8
8
Inventories
- -
- -
- -
Total Current Liabilities
13
14
17
Payables & Accruals
12
12
14
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.12%
18.85%
5.42%
Free Cash Flow
-244.06%
-514.16%
-77.74%
Net Income, GAAP
-11.09%
124.45%
-23.93%
Sales/Revenue/Turnover
113.25%
56.83%
-14.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35
17
26
24
101
2025
20
21
27
18
87
2026
16
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
0.02
0.21
- -
0.42
2025
0.05
0.01
0.17
- -
0.26
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.61
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Robert Emmott
Full Time Employees
51
Sector
Utilities
Industry
Independent Power Producers
Address
715-5th Avenue SW Calgary AB Canada T2P 2X6
IPO Date
Aug 3, 2012
Business
Maxim Power Corp. (TSX: MXG) is a Canada-based independent power producer focused on the acquisition, development, ownership, and operation of environmentally responsible power generation facilities primarily in Alberta. The company operates its core asset, the 300 MW H.R. Milner Plant (M2), a state-of-the-art combined cycle natural gas-fired power plant located in Grande Cache, Alberta, which commissioned in the fourth quarter of 2023; the 6.5 MW Gold Creek Heat Recovery Generating Facility near Grande Prairie, Alberta; and holds coal leases through its wholly owned subsidiary Summit Coal Inc. Maxim Power Corp. continues to pursue additional development opportunities in Alberta, including a permitted gas-fired generation project and a wind power generation project under permitting. Founded in 1993 and headquartered in Calgary, Alberta, the company serves the Alberta power market with no significant operations outside the province. In November 2025, Maxim Power Corp. announced a partial settlement of its previously disclosed claim related to a 2022 non-injury fire at the M2 air inlet filter house, resulting in approximately $6.5 million in net proceeds expected in the fourth quarter of 2025, and continues to pursue claims against remaining third parties; earlier in 2025, the Toronto Stock Exchange accepted its normal course issuer bid for share repurchases.

Company News

APIChatGPT
  • Maxim Power Corp. Announces Annual General Meeting Election Results

  • Maxim Power Corp. (MXG:CA) M&A Call Prepared Remarks Transcript

  • Maxim Power Corp. Announces 2026 First Quarter Financial and Operating Results

  • Maxim Power Corp. Announces 2025 Fourth Quarter Financial and Operating Results

  • Maxim Power Corp. Announces Partial Settlement of Claim for Compensation Resulting in $6.5 million of Proceeds

  • Maxim Power Corp. Announces 2025 Third Quarter Financial and Operating Results

  • Maxim Power Corp. Announces 2025 Second Quarter Financial and Operating Results

  • Maxim Power Corp. Announces Annual General and Special Meeting Election Results

  • Maxim Power Corp. Announces 2025 First Quarter Financial and Operating Results

  • Maxim Power Corp. Announces that it has Closed the Sale of Summit Coal

  • Maxim Power Corp. Reports 2024 Financial and Operating Results with Revenue of $101 million and Record Annual Generation from M2

  • Maxim Power Corp. Receives Notice from Valory Resources Inc. to Exercise the Option to Purchase Summit Coal

  • Maxim Power: Alberta Power Producer Trading At Deep Discount To Replacement Value

  • M. Bruce Chernoff Updates Early Warning Reporting in Respect of Maxim Power Corp.

  • W. Brett Wilson Updates Early Warning Reporting in Respect of Maxim Power Corp.

  • Maxim Power Corp. Declares a Special Dividend of $0.50 per Share and Announces 2024 Third Quarter Financial and Operating Results, Amendment of the Senior Credit Facility, and Conversion and Termination of the Convertible Loan Facility

  • Maxim Power Corp. Announces Voluntary Repayment of Senior Credit Facility

  • Maxim Power Corp. Announces TSX Acceptance of Normal Course Issuer Bid

  • Maxim Power Corp. Announces 2024 Second Quarter Financial and Operating Results

  • Maxim Power Corp. Announces Board of Directors Election Results and M2 CCGT Operations Update