Helios Grid Software
Everything that has happened with this deal, newest first — the updates, calls and financials they've sent, and the money that's come back.
Events
16
on the record
Documents
15
13 read & summarised
Distributions
0
cash returned
Invested
$1.00M
2023-03-01
History
16 shown
2026
09-30
Helios: Q3 2026 revenue 17% ahead of plan
Update
5 figures
Revenue of $1.45M was 17% ahead of the $1.24M budget, up 52% on a year earlier. The EBITDA loss of $754K leaves $4.04M of cash, about 16 months at that burn. Management raised the full-year revenue outlook.
06-30
Helios beats its Q2 2026 plan by 16%
Update
5 figures
Revenue of $1.31M was 16% ahead of the $1.13M budget, up 51% on a year earlier. The EBITDA loss of $686K leaves $4.83M of cash, about 21 months at that burn. The board asked management to re-base the plan on the current run rate.
03-31
Helios releases its distributed-energy planning module
Update
5 figures
The distributed-energy planning module shipped to the two utility customers; pricing is per gigawatt studied. Revenue of $1.15M was 11% ahead of the $1.04M budget, up 51% on a year earlier. The EBITDA loss of $687K leaves $5.54M of cash, about 24 months at that burn.
01-20
Helios 2026 budget approved: revenue $4.76M
Financials
The board-approved 2026 budget plans revenue of $4.76M, 31% above 2025's actual revenue, and an EBITDA loss of $2.35M funded from the balance sheet.
2025
12-31
Helios: Q4 2025 revenue 9% ahead of plan
Update
5 figures
Revenue of $1.04M was 9% ahead of the $954K budget, up 52% on a year earlier. The EBITDA loss of $580K leaves $6.25M of cash, about 32 months at that burn. Management raised the full-year revenue outlook.
12-31
Helios FY2025 audit: clean opinion
Financials
The auditors issued an unqualified opinion on FY2025. Audited revenue of $3.62M and an EBITDA loss of $1.99M agree with the monthly packages to within 0.3%; no adjustments were booked.
12-31
Tax document
Tax document
09-30
Helios beats its Q3 2025 plan by 9%
Update
5 figures
Revenue of $952K was 9% ahead of the $875K budget, up 49% on a year earlier. The EBITDA loss of $494K leaves $6.85M of cash, about 42 months at that burn. The board asked management to re-base the plan on the current run rate.
06-30
Helios signs a second investor-owned utility
Update
5 figures
A second investor-owned utility signed a three-year subscription for interconnection planning. Revenue of $868K was 8% ahead of the $803K budget, up 14% on the prior quarter. The EBITDA loss of $503K leaves $7.36M of cash, about 44 months at that burn.
03-31
Helios slightly ahead of plan in Q1 2025
Update
5 figures
Revenue of $764K was 4% ahead of the $737K budget, up 11% on the prior quarter. The EBITDA loss of $408K leaves $7.88M of cash, about 58 months at that burn. The full-year plan is unchanged; the beat is mostly volume.
01-11
Helios 2025 budget approved: revenue $3.37M
Financials
The board-approved 2025 budget plans revenue of $3.37M, 41% above 2024's actual revenue, and an EBITDA loss of $1.67M funded from the balance sheet.
2024
12-31
Helios: Q4 2024 in line with budget
Update
5 figures
Revenue of $686K was in line with the $676K budget, up 8% on the prior quarter. The EBITDA loss was $395K; cash ended at $8.31M. No changes to the team or the capital structure.
09-30
Helios on plan in Q3 2024
Update
5 figures
Revenue of $638K was in line with the $620K budget. The EBITDA loss was $372K; cash ended at $8.72M. Nothing in the package changes the full-year view.
01-14
Helios 2024 budget approved: revenue $2.39M
Financials
The board-approved 2024 budget plans revenue of $2.39M, 53% above 2023's actual revenue, and an EBITDA loss of $1.18M funded from the balance sheet.
2023
03-01
Invested $1.00M
Undated
—
Legal document
Legal document
Every entry is a real record — click a filename to open the original in SharePoint. Documents in grey are on file but haven't been read yet, so they show as an event without a summary; run the extractor to fill them in. “Significant” marks an update that changes the investment case, as opposed to routine reporting.