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Gridai Technologies Corp. (GRDX) stock

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NASDAQ: GRDX Nasdaq Multi-Utilities

Gridai Technologies Corp. is a US-listed company in the multi-utilities industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$2.1

Book value (net assets)

Base case. Range ~$2.1–$2.1. Net assets per share: the value if returns just equal the cost of equity.

Price vs value

No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Gridai Technologies Corp. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds13 adding, 5 cuttingOf 2 active managers that changed their stake, 1 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 180.7% while net income fell 21.0%: a 160pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Gridai Technologies Corp.'s latest figures clears our strength thresholds.

Things to watch

  • Volatile shares. Over the past year the shares showed annualised volatility of 127% and a beta of 2.3 against the S&P 500.

Latest results: FY2026 Q2

Filed September 18, 2026
Revenue
$0m

Gridai Technologies' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-3.4%
  • 1 week-13.7%
  • 1 month+25.7%
  • This year+2.8%
  • 1 year+12.7%
  • 5 years-100.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Cash

Free cash flow (TTM)
-$8.1M

Earnings

Last results
December 20, 2018

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Agreement
  3. Leadership
  4. Agreement
  5. Agreement
  6. Agreement
  7. Agreement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Gridai Technologies Corp. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Valuation models

We value Gridai Technologies Corp. as an utility or power producer, with every model that fits that kind of business. Cost of equity 7.8%: the 10-year Treasury yield (4.9%) plus a beta of 0.64 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Utility earnings model Net income growing 3% a year, discounted at 8%: for regulated investment that makes free cash flow negative. — Does not apply: net income is not positive
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. — Does not apply: pays no regular dividend
Book value (net assets) Net assets per share: the value if returns just equal the cost of equity. ~$2.1 Primary model, counts double
Combined value Weighted average of the models that apply: the primary model (book value (net assets)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$2.1 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Gridai Technologies Corp. with utilities and power producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 201820192025
Share price$152460.00$131040.00$4.66
Market value−$4467$2975$8m
+ Net debt (− = net cash)−$859311$2m$1m
Enterprise value−$863778$2m$9m
Multiples
Price / sales ——n/m
Price / earnings ———
Price / free cash flow ———
EV / EBITDA ———

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Gridai Technologies Corp.: too few analysts cover it.

Management guidance

Earnings release, December 20, 2018

No numeric guidance in Gridai Technologies Corp.'s latest earnings release (filed December 20, 2018). Some companies give their outlook only on the earnings call.

Positioning

Short interest
1.5%
of tradable shares
Days to cover
1.08
at average volume
Short interest, 1 month
+82%
to October 15, 2026
Held by institutions
9%
of shares
Held by insiders
12.1%
of shares

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
GRDX−85%−98%−97%−85%+150%+3%
Industry peers (median)+10%+3%−2%+14%+12%+10%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
GRDX17%8%8%42%42%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
GRDX−94%−99%−98%−97%−64%−62%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 11, 2016: 100% from October 12, 2016 to August 8, 2024. Getting back needed a 96705782% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$2.00 – $6.80
From 52-week high
−29.6%
vs 50-day average
+19.0%
vs 200-day average
+36.1%
Volatility (1 year)
127%
Beta vs S&P 500
2.28

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
0 up, 1 down
typical move ±22.1%
After a week
0 up, 1 down
typical move ±15.6%
After a month
1 up, 0 down
typical move ±53.9%
Results releasedNext dayS&P 500 next day5 days21 days
December 20, 2018 −22.1% −3.6% −15.6% +53.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2018 Dec 2018 2019 Dec 2019 2025 Dec 2025
Income
Revenue 0 0 0
Gross profit — — −1
EBITDA −13 −15 −7
Operating income −13 −15 −7
Net income −14 −15 −6
Diluted EPS $463179300.00 $672766920.00 −$4.16
Growth (year on year)
Diluted EPS — +45.2% −100.0%
Margins
Gross margin — — <−999%
EBITDA margin — — <−999%
Operating margin — — <−999%
Net margin — — <−999%
Free-cash-flow margin — — <−999%
Cash flow
Cash from operations −11 −14 −6
Capital spending 0 0 0
Free cash flow −11 −14 −6
Stock-based pay 1 1 1
Free cash flow after stock pay −12 −15 −6
Balance sheet
Cash 1 0 1
Total debt 0 3 2
Net debt (negative = net cash) −1 2 1
Diluted shares — — 2m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 2 checks passed · June 30, 2026
What it owns · $37m
Short-term assets $2mLonger-term assets $35m
What it owes, and who funded it · $33m
Short-term liabilities $14mLonger-term liabilities $4mShareholders' equity $15m
  • Short-term assets cover short-term liabilities $2m of assets due within a year against $14m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $2m short-term assets against $4m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Gridai Technologies Corp.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Who owns it

Funds buying and selling
Reported value
$3M
Institutions reporting
19
Shares held vs prior quarter
▲ 83.1%
Positions opened / closed
7 / 2

Top buyers and sellers, Q2 2026: 13 institutions bought and 5 sold ; the biggest buyer was Citadel Advisors LLC (+85K shares) and the biggest seller Renaissance Technologies LLC (−7,500). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Renaissance Technologies LLC $826,847 176K 27.6% ▼ 4.1%
Citadel Advisors LLC $400,174 85K 13.4% New
Federation Des Caisses Desjardins Du Quebec $358,082 76K 12.0% ▲ 59.7%
Vanguard Capital Management LLC $347,341 74K 11.6% ▲ 304.9%
Geode Capital Management, LLC $280,925 60K 9.4% ▲ 80.0%
Jane Street Group, LLC $230,917 49K 7.7% ▲ 289.0%
Vanguard Fiduciary Trust Co $158,541 34K 5.3% ▲ 106.8%
State Street Corp $109,962 23K 3.7% 0.0%
HRT Financial LP $98,000 21K 3.3% New
Independent Advisor Alliance $70,350 15K 2.4% New
Northern Trust Corp $65,374 14K 2.2% New
Harbour Investments, Inc. $27,493 6K 0.9% ▼ 26.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Gridai Technologies Corp.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

  • December 20, 2018

Recent SEC filings

Data status

When each part of this page on Gridai Technologies Corp. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Gridai Technologies Corp. in brief

What does Gridai Technologies Corp. do?
Gridai Technologies Corp. is a US-listed company in the multi-utilities industry. Its financial year ends in December.
What is Gridai Technologies Corp.'s stock ticker?
Gridai Technologies Corp. trades under the ticker GRDX on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are Gridai Technologies Corp.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Renaissance Technologies LLC, Citadel Advisors LLC and Federation Des Caisses Desjardins Du Quebec. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Gridai Technologies Corp.'s market cap?
On December 31, 2025, Gridai Technologies Corp.'s market capitalisation was about $7.5M and net debt of $1.1M. Market figures come from third-party market data and may be delayed.