FIT Stock Overview

Focuses on zero-emission vehicles, green hydrogen production and distribution, and supercritical carbon dioxide extractor systems primarily in Canada. More details

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

Risk Analysis

Highly volatile share price over the past 3 months compared to the German market

Negative shareholders equity

Earnings have declined by 39.2% per year over past 5 years

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

+ 4 more risks

My Notes

Capture your thoughts, links and company narrative

First Hydrogen Corp. Competitors

DATRON

XTRA:DAR

€28.3m

SCHUMAG

DB:SCM

€11.2m

DVS Technology

XTRA:DIS

€61.0m

Alexanderwerk

DB:ALXA

€52.2m

Price History & Performance

Summary of share price highs, lows and changes for First Hydrogen
Historical stock prices
Current Share Price	CA$0.26
52 Week High	CA$1.20
52 Week Low	CA$0.17
Beta	0.98
1 Month Change	6.25%
3 Month Change	-3.77%
1 Year Change	-77.07%
3 Year Change	-83.65%
5 Year Change	n/a
Change since IPO	3,087.50%

Recent updates

Shareholder Returns

	FIT	DE Machinery	DE Market
7D	2.0%	0.6%	0.3%
1Y	-77.1%	11.0%	8.4%

Return vs Industry: FIT underperformed the German Machinery industry which returned 11% over the past year.

Return vs Market: FIT underperformed the German Market which returned 8.4% over the past year.

Price Volatility

Is FIT's price volatile compared to industry and market?
FIT volatility
FIT Average Weekly Movement	17.9%
Machinery Industry Average Movement	3.9%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.8%
10% least volatile stocks in DE Market	2.4%

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

Volatility Over Time: FIT's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of German stocks.

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 develops hydrogen-fuel-cell-powered 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?
FIT fundamental statistics
Market cap	€17.51m
Earnings (TTM)	-€5.13m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-3.4x

P/E Ratio

Is FIT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FIT income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$7.64m
Earnings	-CA$7.64m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.11
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-74.1%

How did FIT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 17:27
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

First Hydrogen Corp. is covered by 0 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.

Analyst	Institution

FIT Stock Overview

Risk Analysis

First Hydrogen Corp. Competitors

XTRA:DAR

€28.3m

DB:SCM

€11.2m

XTRA:DIS

€61.0m

DB:ALXA

€52.2m

Price History & Performance

Recent News & Updates

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

Recent updates

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

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

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

New 90-day high: €0.30

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

Shareholder Returns

Price Volatility

About the Company

First Hydrogen Corp. Fundamentals Summary

0.0x

-3.4x

Earnings & Revenue

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources