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Next Hydrogen Solutions TSXV:NXH Stock Report

Last Price

CA$0.48

Market Cap

CA$11.0m

7D

-4.0%

1Y

-26.2%

Updated

22 Dec, 2024

Data

Company Financials

Next Hydrogen Solutions Inc.

TSXV:NXH Stock Report

Market Cap: CA$11.0m

My Notes

Capture your thoughts, links and company narrative

Next Hydrogen Solutions Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Next Hydrogen Solutions
Historical stock prices
Current Share PriceCA$0.48
52 Week HighCA$0.90
52 Week LowCA$0.37
Beta0.039
1 Month Change-4.00%
3 Month Change6.67%
1 Year Change-26.15%
3 Year Change-86.32%
5 Year Changen/a
Change since IPO-94.67%

Recent News & Updates

Recent updates

Here's Why We're Watching Next Hydrogen Solutions' (CVE:NXH) Cash Burn Situation

Jan 06
Here's Why We're Watching Next Hydrogen Solutions' (CVE:NXH) Cash Burn Situation

Shareholder Returns

NXHCA MachineryCA Market
7D-4.0%-3.1%-2.6%
1Y-26.2%-14.0%15.2%

Return vs Industry: NXH underperformed the Canadian Machinery industry which returned -13.7% over the past year.

Return vs Market: NXH underperformed the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is NXH's price volatile compared to industry and market?
NXH volatility
NXH Average Weekly Movement21.3%
Machinery Industry Average Movement8.6%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

Stable Share Price: NXH's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: NXH's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
200743Raveel Afzaalwww.nexthydrogen.com

Next Hydrogen Solutions Inc. develops and produces water electrolyzers to work with intermittent renewable energy. The company offers maintenance and technical support services, as well as provides training and consulting services. Next Hydrogen Solutions Inc. was founded in 2007 and is headquartered in Mississauga, Canada.

Next Hydrogen Solutions Inc. Fundamentals Summary

How do Next Hydrogen Solutions's earnings and revenue compare to its market cap?
NXH fundamental statistics
Market capCA$10.99m
Earnings (TTM)-CA$14.58m
Revenue (TTM)CA$2.06m

5.3x

P/S Ratio

-0.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NXH income statement (TTM)
RevenueCA$2.06m
Cost of RevenueCA$2.22m
Gross Profit-CA$160.65k
Other ExpensesCA$14.42m
Earnings-CA$14.58m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.64
Gross Margin-7.81%
Net Profit Margin-708.98%
Debt/Equity Ratio20.4%

How did NXH perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:55
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Next Hydrogen Solutions Inc. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael MuellerEchelon Wealth Partners Inc.
Rupert MererNational Bank Financial
Aaron MacNeilTD Cowen