Jade Power Trust (TNSTF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Jade Power Trust (TNSTF) trades at $0.00. Jade Power Trust is a renewable energy company focused on power generation in Romania and other European countries. The company operates wind, solar, and hydro-electric facilities, selling electricity to buyers. Market cap: $3.43M, Sector: Utilities.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for TNSTF: TNSTF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TNSTF against Utilities peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
TNSTF: 1/1 perspectives are bearish.
How is this calculated? →Jade Power Trust (TNSTF) Utility Operations & Dividend Profile
Jade Power Trust, operating in the renewable utilities sector, focuses on generating and selling electricity from wind, solar, and hydro sources in Romania and Europe. With a diverse portfolio of renewable energy assets, the company aims to capitalize on the growing demand for clean energy solutions in the region.
What Is the Investment Thesis for TNSTF?
Jade Power Trust presents an investment opportunity within the renewable energy sector, specifically in Romania and Europe. The company's diverse portfolio of wind, solar, and hydro assets provides a stable base for revenue generation. A return on equity of 36.0% indicates efficient use of shareholder equity. However, the company's negative free cash flow raises concerns about its ability to fund future growth and manage debt. Investors should monitor the company's ability to improve cash flow and capitalize on growth opportunities in the renewable energy market. The company's beta of 0.07 suggests low volatility compared to the overall market.
Based on FMP financials and quantitative analysis
TNSTF Key Highlights
- Jade Power Trust operates two wind projects with a total capacity of 62 MW, contributing significantly to its electricity generation portfolio.
- The company's two photovoltaic solar power production plants have a combined capacity of 16.6 MW, diversifying its renewable energy sources.
- Jade Power Trust's hydro-electric generation facilities add 2.39 MW of capacity, further enhancing its portfolio of renewable assets.
- The company's return on equity (ROE) of 36.0% indicates efficient utilization of shareholder investments in generating profits.
- Jade Power Trust operates primarily in Romania, positioning it to capitalize on the country's growing renewable energy market and supportive government policies.
Who Are TNSTF's Competitors?
TNSTF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AY Atlantica Sustainable Infrastructure plc | $21.99 | +0.00% | $2.55B | 48 |
| SVMRF Magnora ASA | $2.25 | +0.00% | $162.57M | 70 |
| ENLT Enlight Renewable Energy Ltd | $89.56 | +6.29% | $12.52B | 67 |
| ATRWF Altius Renewable Royalties Corp. | $8.50 | +0.00% | $262.46M | 64 |
| TDWRF Tidewater Renewables Ltd. | $9.00 | +0.00% | $328.72M | 60 |
| FSGCY First Gen Corporation | $5.35 | +0.00% | $962.08M | 48 |
| INGXF Innergex Renewable Energy Inc. | $10.11 | +0.69% | $2.04B | 48 |
| EPWDF Electric Power Development Co., Ltd. | $21.31 | +38.47% | $3.75B | 49 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TNSTF's Key Strengths?
- Diversified portfolio of renewable energy assets (wind, solar, hydro).
- Established presence in the Romanian renewable energy market.
- Experienced management team with expertise in renewable energy operations.
- Stable revenue generation through long-term power purchase agreements (PPAs).
What Are TNSTF's Weaknesses?
- Negative free cash flow.
- Reliance on the Romanian market.
- Exposure to regulatory and political risks in Romania.
- Limited financial resources for expansion and acquisitions.
What Could Drive TNSTF Stock Higher?
- Expansion of renewable energy capacity in Romania and other European countries.
- Government incentives and subsidies for renewable energy projects in Europe.
- Potential acquisitions of other renewable energy companies or projects (2026-2027).
- Technological advancements in wind, solar, and hydro power generation.
- Increasing demand for clean energy solutions in Europe.
What Are the Key Risks for TNSTF?
- Negative return on equity (-30.9%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 1/9 flags soft profitability, leverage or efficiency.
- Changes in government policies and regulations related to renewable energy.
- Increased competition from other renewable energy companies.
- Fluctuations in electricity prices.
- Technological obsolescence.
- Negative free cash flow impacting financial stability.
What Are the Growth Opportunities for TNSTF?
- Expansion of Renewable Energy Capacity: Jade Power Trust can expand its renewable energy capacity by developing new wind, solar, and hydro projects in Romania and other European countries. The European Union's renewable energy targets and supportive government policies create a favorable environment for renewable energy investments. The market for renewable energy in Europe is projected to reach $1 trillion by 2030, providing significant growth opportunities for Jade Power Trust. Timeline: 2026-2030.
- Technological Upgrades and Efficiency Improvements: Investing in technological upgrades and efficiency improvements can enhance the performance of Jade Power Trust's existing renewable energy facilities. Advanced wind turbine technology, high-efficiency solar panels, and smart grid solutions can increase electricity generation and reduce operating costs. The market for renewable energy technology is expected to grow at a CAGR of 8% over the next five years. Timeline: Ongoing.
- Strategic Partnerships and Acquisitions: Jade Power Trust can pursue strategic partnerships and acquisitions to expand its market reach and diversify its renewable energy portfolio. Collaborating with other renewable energy companies, technology providers, and financial institutions can accelerate growth and enhance competitiveness. The market for mergers and acquisitions in the renewable energy sector is expected to remain active, providing opportunities for Jade Power Trust to expand its footprint. Timeline: 2026-2028.
- Development of Energy Storage Solutions: Integrating energy storage solutions with Jade Power Trust's renewable energy facilities can enhance grid stability and improve the reliability of electricity supply. Battery storage systems, pumped hydro storage, and other energy storage technologies can store excess electricity generated during peak production periods and release it during periods of high demand. The market for energy storage solutions is projected to grow at a CAGR of 20% over the next five years. Timeline: 2027-2030.
- Geographic Diversification: Expanding into new geographic markets can reduce Jade Power Trust's reliance on the Romanian market and diversify its revenue streams. Exploring opportunities in other European countries with favorable renewable energy policies and growing electricity demand can enhance the company's long-term growth prospects. The global renewable energy market is expected to reach $2.15 trillion by 2027, providing ample opportunities for geographic diversification. Timeline: 2028-2030.
What Opportunities Does TNSTF Have?
- Expansion of renewable energy capacity in Romania and other European countries.
- Technological upgrades and efficiency improvements to enhance electricity generation.
- Strategic partnerships and acquisitions to expand market reach and diversify portfolio.
- Development of energy storage solutions to improve grid stability and reliability.
What Threats Does TNSTF Face?
- Changes in government policies and regulations related to renewable energy.
- Increased competition from other renewable energy companies.
- Fluctuations in electricity prices.
- Technological obsolescence.
What Are TNSTF's Competitive Advantages?
- Established renewable energy infrastructure in Romania.
- Diversified portfolio of wind, solar, and hydro assets.
- Long-term power purchase agreements (PPAs) with electricity buyers.
- Expertise in operating and maintaining renewable energy facilities.
What Does TNSTF Do?
Jade Power Trust, formerly known as Blockchain Power Trust, was established in 2014 and is headquartered in Toronto, Canada. The company underwent a name change in October 2019 to reflect its core focus on renewable energy. Jade Power Trust operates in the renewable energy sector, primarily in Romania and other European countries. The company generates and sells electricity to electricity buyers. Its portfolio includes two wind projects with a total capacity of 62 megawatts (MW), two photovoltaic solar power production plants with a total capacity of 16.6 MW, and two hydro-electric generation facilities with a total capacity of 2.39 MW. Jade Power Trust aims to expand its renewable energy footprint and contribute to a sustainable energy future in the region. The company's strategic focus on renewable energy sources positions it to benefit from increasing demand for clean energy and supportive government policies promoting renewable energy adoption.
What Products and Services Does TNSTF Offer?
- Generates electricity from renewable sources.
- Operates wind power projects with a total capacity of 62 MW.
- Manages solar power plants with a total capacity of 16.6 MW.
- Runs hydro-electric generation facilities with a total capacity of 2.39 MW.
- Sells electricity to electricity buyers in Romania and Europe.
- Focuses on expanding its renewable energy portfolio.
- Contributes to a sustainable energy future.
How Does TNSTF Make Money?
- Generates revenue by selling electricity produced from renewable energy sources.
- Operates and maintains wind, solar, and hydro-electric power plants.
- Enters into power purchase agreements (PPAs) with electricity buyers.
- Focuses on optimizing the efficiency and performance of its renewable energy assets.
What Industry Does TNSTF Operate In?
Jade Power Trust operates within the renewable energy sector, which is experiencing significant growth driven by increasing environmental concerns and government support for clean energy sources. The European market, particularly Romania, offers favorable conditions for renewable energy development. The competitive landscape includes both large multinational energy companies and smaller independent power producers. Jade Power Trust's focus on wind, solar, and hydro positions it to capitalize on the diverse opportunities within the renewable energy market. The industry is characterized by technological advancements, evolving regulatory frameworks, and increasing demand for sustainable energy solutions.
Who Are TNSTF's Key Customers?
- Electricity buyers in Romania.
- Utilities companies.
- Commercial and industrial customers.
- Government entities.
How Jade Power Trust Is Valued
Jade Power Trust carries a market capitalization of $3.43M, placing it in the micro-cap category.
Jade Power Trust Financial Trajectory
Jade Power Trust (TNSTF) reported $0 in revenue for Q1 2026, based on the latest filing compared to the prior quarter. The company recorded a net loss of $371K, with diluted EPS of $-0.03. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Utilities. Across the four most recent quarters, TNSTF averaged $-0.03 in diluted EPS.
ROE -31%Key Financial Metrics
Return on equity for Jade Power Trust stands at -30.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -31.6%, showing how much profit it generates from its asset base. Its free cash flow yield is -20.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 63.14 indicates the company holds enough short-term assets to cover its near-term obligations.
F-Score 1/9Financial Health
Jade Power Trust's Piotroski F-Score is 1/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 9.74 places it in the safe zone, indicating low near-term bankruptcy risk.
TNSTF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Diversified portfolio of renewable energy assets (wind, solar, hydro).
- Established presence in the Romanian renewable energy market.
- Experienced management team with expertise in renewable energy operations.
- Stable revenue generation through long-term power purchase agreements (PPAs).
Bear Case
- Negative free cash flow.
- Reliance on the Romanian market.
- Exposure to regulatory and political risks in Romania.
- Limited financial resources for expansion and acquisitions.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $0 | -$370,775 | -$0.03 |
| Q4 2025 | $0 | -$875,299 | -$0.07 |
| Q3 2025 | $0 | $18,522 | $0.0021 |
| Q2 2025 | $0 | -$81,614 | -$0.01 |
Based on FMP financials and quantitative analysis
TNSTF Latest News
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Altai Announces Board Appointment and Resignation
Yahoo! Finance: TNSTF News · Jun 24, 2026
TNSTF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for TNSTF.
Price Targets
Wall Street price target analysis for TNSTF.
TNSTF MoonshotScore
What does this score mean?
The MoonshotScore rates TNSTF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: David A. Barclay
CEO
David A. Barclay serves as the CEO of Jade Power Trust. His background includes extensive experience in the energy sector, with a focus on renewable energy development and operations. Barclay has held leadership positions in various energy companies, where he was responsible for overseeing project development, financial management, and strategic planning. He holds a degree in engineering and an MBA from a leading business school.
Track Record: Under David Barclay's leadership, Jade Power Trust has focused on expanding its renewable energy portfolio and improving operational efficiency. He has overseen the development of new wind and solar projects, as well as the implementation of technological upgrades to enhance electricity generation. Barclay has also focused on strengthening the company's financial position and building relationships with key stakeholders.
TNSTF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Jade Power Trust may not meet the minimum financial or disclosure requirements for higher tiers like OTCQX or OTCQB. Companies on the OTC Other tier often have limited trading volume and may not be subject to the same level of regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries higher risks due to the lack of transparency and liquidity.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited liquidity due to low trading volume.
- Lack of regulatory oversight and transparency.
- Potential for price manipulation.
- Higher risk of fraud or misrepresentation.
- Limited access to capital markets.
- Verify the company's registration and legal status.
- Review the company's financial statements and disclosures.
- Assess the company's business model and competitive position.
- Evaluate the company's management team and corporate governance.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before investing.
- Check for any regulatory actions or legal proceedings against the company.
- Established renewable energy infrastructure in Romania.
- Operations of wind, solar, and hydro-electric power plants.
- Long-term power purchase agreements (PPAs) with electricity buyers.
- Experienced management team with expertise in renewable energy operations.
What Investors Ask About Jade Power Trust (TNSTF) — Utilities
What does Jade Power Trust do?
Jade Power Trust is a renewable energy company focused on generating and selling electricity from wind, solar, and hydro sources in Romania and other European countries. The company operates a portfolio of renewable energy assets, including wind farms, solar power plants, and hydro-electric facilities. Jade Power Trust sells the electricity generated from these facilities to electricity buyers under long-term power purchase agreements (PPAs). The company's business model focuses on expanding its renewable energy capacity and contributing to a sustainable energy future.
What do analysts say about TNSTF stock?
As of March 16, 2026, there is limited analyst coverage available for TNSTF stock due to its OTC listing and small market capitalization. Key valuation metrics, such as price-to-earnings ratio and price-to-sales ratio, may not be readily available or reliable. Investors should focus on the company's operational performance, financial health, and growth prospects in the renewable energy market. Factors to consider include the company's ability to expand its renewable energy capacity, secure long-term PPAs, and manage its operating costs. Further independent research is essential.
What are the main risks for TNSTF?
The main risks for Jade Power Trust include regulatory and political risks in Romania, increased competition from other renewable energy companies, fluctuations in electricity prices, and technological obsolescence. Changes in government policies and regulations related to renewable energy can impact the company's profitability and growth prospects. Increased competition can put pressure on electricity prices and reduce the company's market share. Technological advancements can render existing renewable energy facilities obsolete. The company's negative free cash flow also poses a financial risk.
What are the key factors to evaluate for TNSTF?
Evaluate TNSTF on fundamentals, analyst consensus, and risk factors. Not financial advice.
How frequently does TNSTF data refresh on this page?
TNSTF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven TNSTF's recent stock price performance?
Jade Power Trust (TNSTF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified portfolio of renewable energy assets (wind, solar, hydro). See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider TNSTF overvalued or undervalued right now?
Valuing Jade Power Trust (TNSTF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying TNSTF?
Before investing in Jade Power Trust (TNSTF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited information available for OTC-listed companies.
- Financial data may not be fully up-to-date.