![]() Evolve Power Evolve Power (formerly Montem Resources) is a company that provides energy storage solutions. | ||||
Founding Date | Founding Date 2016 | Founding Date 2017 | Founding Date 2018 | Founding Date 2010 |
Type | Type Public | Type Private | Type Private | Type Public |
Tags | ||||
Locations | Locations Toronto, CA HQ | Locations HQ | Locations Paris, FR HQ Brussels, BE Saskatoon, CA Paris, FR Bethesda, US Washington, US | Locations Hamilton, BM HQ Roodepoort, ZA Roodepoort, ZA |
Employees | Employees 12 | Employees 7 | Employees 3 | Employees 77719% increase |
Valuation ($) | Valuation ($) 6.7 m | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 163.8 m |
Financial | ||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) €187.8m (FY, 2024) | Revenue (est.) $104.2m (FY, 2025) |
Cost of goods | Cost of goods N/A | Cost of goods N/A | Cost of goods N/A | Cost of goods $53.2m (FY, 2025) |
Gross profit | Gross profit N/A | Gross profit $159k (FY, 2021) | Gross profit N/A | Gross profit $51.4m (FY, 2025) |
Net income | Net income ($5.5m) (FY, 2024) | Net income ($14.1m) (FY, 2021) | Net income €221.3m (FY, 2024) | Net income $20.2m (FY, 2025) |

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