First Hydrogen (TSXV:FHYD) - Stock Price, News & Analysis

FHYD Stock Overview

First Hydrogen Corp. focuses on zero-emission vehicles, green hydrogen production and distribution, and supercritical carbon dioxide extractor systems primarily in Canada.

About the company

FHYD fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Rewards

Risk Analysis

Has less than 1 year of cash runway

Negative shareholders equity

Earnings have declined by 57.9% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

+ 2 more risks

First Hydrogen Corp. Competitors

EnWave

TSXV:ENW

CA$30.5m

Thermal Energy International

TSXV:TMG

CA$59.5m

Velan

TSX:VLN

CA$120.9m

Reko International Group

TSXV:REKO

CA$25.6m

Price History & Performance

Summary of all time highs, changes and price drops for First Hydrogen
Historical stock prices
Current Share Price	CA$1.07
52 Week High	CA$3.30
52 Week Low	CA$0.95
Beta	1.14
1 Month Change	3.88%
3 Month Change	-32.70%
1 Year Change	-53.68%
3 Year Change	22.99%
5 Year Change	n/a
Change since IPO	33.75%

Recent updates

Shareholders May Be More Conservative With First Hydrogen Corp.'s (CVE:FHYD) CEO Compensation For Now

Nov 07

Shareholder Returns

	FHYD	CA Machinery	CA Market
7D	11.5%	5.2%	0.7%
1Y	-53.7%	-10.1%	5.5%

Return vs Industry: FHYD underperformed the Canadian Machinery industry which returned -10.9% over the past year.

Return vs Market: FHYD underperformed the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is FHYD's price volatile compared to industry and market?
FHYD volatility
FHYD Average Weekly Movement	8.7%
Machinery Industry Average Movement	9.4%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.2%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: FHYD's share price has been volatile over the past 3 months.

Volatility Over Time: FHYD's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	n/a	Balraj Mann	www.firsthydrogen.com

First Hydrogen Corp. focuses on zero-emission vehicles, green hydrogen production and distribution, and supercritical carbon dioxide extractor systems primarily in Canada. It designs and builds hydrogen-fuel-cell-powered light commercial vehicles. The company was formerly known as Pure Extraction Corp. and changed its name to First Hydrogen Corp. in October 2021.

First Hydrogen Corp. Fundamentals Summary

How do First Hydrogen's earnings and revenue compare to its market cap?
FHYD fundamental statistics
Market cap	CA$72.75m
Earnings (TTM)	-CA$11.01m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-7.0x

P/E Ratio

Is FHYD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FHYD income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$409.47k
Gross Profit	-CA$409.47k
Other Expenses	CA$10.60m
Earnings	-CA$11.01m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.15
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-304.7%

How did FHYD perform over the long term?

See historical performance and comparison

FHYD Stock Overview

Rewards

Risk Analysis

First Hydrogen Corp. Competitors

TSXV:ENW

CA$30.5m

TSXV:TMG

CA$59.5m

TSX:VLN

CA$120.9m

TSXV:REKO

CA$25.6m

Price History & Performance

Recent News & Updates

CEO, President & Chairman exercised options to buy CA$687k worth of stock.

New major risk - Financial position

First Hydrogen's Vehicle Trials Commence with Wales & West Utilities

First Hydrogen Corp. Announces Director Changes

First Hydrogen Corp. Announces New Electric Vehicle Availability Standard

First Hydrogen Corp. Launches FCEV Vehicle Program in North America

Recent updates

CEO, President & Chairman exercised options to buy CA$687k worth of stock.

New major risk - Financial position

First Hydrogen's Vehicle Trials Commence with Wales & West Utilities

First Hydrogen Corp. Announces Director Changes

First Hydrogen Corp. Announces New Electric Vehicle Availability Standard

First Hydrogen Corp. Launches FCEV Vehicle Program in North America

Less than half of directors are independent

First Hydrogen Corp. Appoints Edward Low as Interim-CFO

Shareholders May Be More Conservative With First Hydrogen Corp.'s (CVE:FHYD) CEO Compensation For Now

New minor risk - Market cap size

First Hydrogen Corp., Annual General Meeting, Nov 14, 2023

New major risk - Financial position

First Hydrogen Corp. Announces Opening Up of Hydrogen's Hydrogen-Fuel-Cell Powered Parcel Vehicle Trials

First Hydrogen Corp. Reports Successful Completion of the First Two Trials of the Company's Hydrogen-Fuel-Cell Powered Vehicle

First Hydrogen Corp. Announces Resignation of Nicholas Wrigley from the Board of Directors

First Hydrogen Corp. Commences Trials with UK Utility SSE

First Hydrogen Corp. announced that it expects to receive CAD 5 million in funding

First Hydrogen Corp. Reveals Next Generation Zero Emission LCV

First Hydrogen Corp. Showcases Its Hydrogen Fuel Cell-Powered Light Commercial Vehicles

First Hydrogen Corp.'S First Hydrogen Vans Receive Road Certification

First Hydrogen Corp. Announces First Hydrogen Vehicles Complete Commissioning Trials and Increased Fleet Operator Interest

First Hydrogen Corp. Appoints Rob Campbell as CEO

First Hydrogen Corp. Appoints Afkenel Schipstra as Chief Operational Officer of First Hydrogen Limited

First Hydrogen Corp. Appoints Allan Rushforth as Chief Commercial Officer

First Hydrogen Corp. Appoints Manuel Tolosa as Head of Powertrain Engineering

First Hydrogen Corp., Annual General Meeting, Aug 16, 2022

First Hydrogen Corp. Announces First Hydrogen Vehicle Testing to Commence

First Hydrogen Corp. announced that it expects to receive CAD 5.999999 million in funding

First Hydrogen Corp. Announces the Appointment of Stephen Pendrey as Chief Engineer - Vehicle Program for its Automotive Division

First Hydrogen Corp. Appoints Peter Williams as A Non-Executive Director of First Hydrogen UK

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

First Hydrogen Corp. Appoints Peter Williams as A Non-Executive Director of First Hydrogen UK

First Hydrogen Corp. Announces its' Subsidiary First Hydrogen Limited Enters into a Research and Collaboration Agreement for an Initial 5- Year Period with the University of Cambridge

First Hydrogen Corp. Appoints Nicholas Wrigley as Chairman and Director of First Hydrogen UK Limited

Pure Extraction Corp. announced that it has received CAD 3 million in funding

Pure Extraction Corp. announced that it expects to receive CAD 3 million in funding

Pure Extraction Corp., Annual General Meeting, Dec 30, 2020

Shareholder Returns

Price Volatility

About the Company

First Hydrogen Corp. Fundamentals Summary

0.0x

-7.0x

Earnings & Revenue