P2 Solar Inc (OTC Pink: PTOS) is a solar energy installation company that installs rooftop and ground-mount solar systems for residential and commercial properties. Revenue is generated on a project basis from solar installation contracts, with no disclosed recurring or subscription component. The company operates exclusively in British Columbia, Canada, through its wholly owned subsidiary Futricity Solar, Inc., acquired on February 22, 2023. Revenue fell to $26,382 in the fiscal year ended March 31, 2025, down 84% from $166,288 in the fiscal year ended March 31, 2024. The company has no full-time employees, relying entirely on external contractors. Operations are funded in part through demand promissory notes, including a $10,000 CAD note issued December 30, 2022, and a $15,000 CAD note issued February 27, 2023, both bearing 5% annual interest. P2 Solar is an early-stage company with limited operating history, an accumulated stockholders deficit, and common stock quoted as a penny stock on OTC Markets Pink.

Revenue model

Project-based transactional revenue from solar installation contracts. In the 12 months ended March 31, 2024, the company completed approximately 112 kW of installations generating roughly $166,288 USD. Revenue dropped to $26,382 USD in the fiscal year ended March 31, 2025, an 84% decline year over year.

Products and services

Rooftop solar system installation and ground-mount solar system installation for residential and commercial customers, delivered through subsidiary Futricity Solar, Inc.

Customers and end markets

Residential and commercial property owners seeking solar energy systems. All customers as of the 10-K filed July 15, 2025 are located in British Columbia, Canada.

Value-chain role

Downstream installer and integrator of solar energy systems. The company acts as a project contractor using third-party outside contractors rather than in-house labor. No manufacturing or equipment production is disclosed.

Geographic exposure

100% of solar installations completed in British Columbia, Canada, as of the 10-K filed July 15, 2025.

Source: SEC 10-K, filed 2025-07-15

Industry: Construction - Special Trade Contractors Peers: Canadian Solar Inc META MATERIALS INC. POET Technologies Inc