Uniserve Communications Corporation (TSXV: USS) has signed a five-year agreement to provide artificial-intelligence computing services from its Vancouver data center, establishing a minimum contract value of approximately US$3.15 million.
The Canadian digital-infrastructure company said an unnamed enterprise customer will use computing capacity supplied through two NVIDIA B300 GPU-based servers.
Uniserve has received an initial customer prepayment and is proceeding with equipment procurement. Delivery, installation and activation are anticipated before the end of 2026.
The five-year service period will begin upon activation. At the minimum contracted rate, payments over the 60-month term would total approximately US$3.15 million before taxes. Actual payments could be higher if a revenue-sharing component exceeds the monthly minimum.
“This agreement represents the future we are building for Uniserve,” CEO Gautam Lohia said. “We are bringing advanced compute into our Canadian data centre infrastructure and securing a customer for that capacity.”
The agreement represents approximately US$630,000 in minimum annualized payments once service begins. However, Uniserve has not disclosed the customer’s identity, the precise monthly payment structure or the conditions governing the revenue-sharing provision.
The contract follows a year of higher revenue but wider losses for the company. Uniserve reported fiscal-2026 revenue of C$10.19 million, up approximately 46% from a restated C$6.97 million in fiscal 2025.
Gross profit increased to C$4.39 million from C$3.11 million. However, operating loss widened to C$2.50 million from C$1.68 million, while net loss increased to C$4.70 million from C$1.70 million.
The fiscal-2026 result included a C$1.95 million impairment loss and C$610,220 in finance charges. Uniserve’s prior-year comparative figures were restated to correct the accounting treatment of warrants issued in connection with a debt facility.
Uniserve provides connectivity, managed IT services, cybersecurity, cloud solutions and data-center infrastructure to Canadian businesses. Management said the AI agreement is intended to add predictable monthly recurring revenue and represents the first of what it hopes will be additional engagements of this type.
Upcoming Catalysts
The immediate operational milestones are delivery and installation of the two NVIDIA B300 servers, followed by activation of the five-year service agreement before year-end.
Subsequent financial reports should provide more information about the contract’s contribution to revenue, gross margin and cash flow. Additional AI-compute agreements would also indicate whether Uniserve can expand the initiative beyond its initial two-server deployment.
The anticipated timing and financial contribution remain subject to equipment procurement, installation, customer activation and other execution risks.
Sources
- Uniserve signs five-year AI compute services agreement
- Uniserve reports fiscal-2026 financial results
- Uniserve investor-relations website
- SEDAR+ regulatory filings
Editorial Disclosure
This article is based entirely on publicly available information, including company news releases and regulatory filings. Next Gen Tech Stocks was not compensated by Uniserve Communications Corporation for this article, and the author does not hold a position in the securities mentioned. The contract terms and financial figures were reported by the company and have not been independently verified by Next Gen Tech Stocks. Equipment procurement, installation and activation remain pending, while Uniserve continues to report operating and net losses. Small-cap securities involve substantial financial, operational and liquidity risks. Information is current as of September 30, 2026. This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Read our full disclaimer.
