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Company price
0.295 CAD -0.01 ( 1.67%)
Last update at 2026-11-03T15:41:00Z
VOLUME
2001
Market Cap
34.17M

Momentum Score

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First Hydrogen Corp. focuses on zero-emission vehicles, green hydrogen production and distribution, and supercritical carbon dioxide extractor systems primarily in Canada and the United Kingdom. The company designs and develops hydrogen-fuel-cell-powered vehicle. It also provides hydrogen powertrain platform for marine, agriculture, industrial machinery, commercial trucks, camper vans, backup power, portable power, and EV charging. The company was formerly known as Pure Extraction Corp. and changed its name to First Hydrogen Corp. in October 2021. First Hydrogen Corp. was incorporated in 2007 and is based in Vancouver, Canada.

Source: TradingView
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Day Price Range
0.29
Low
0.32
High
52 Week Price Range
0.33
Low
1.35
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

First Hydrogen Corp develops hydrogen fuel-cell vans and refuelling solutions targeting commercial fleets. Long-term growth drivers include fleet decarbonization mandates, increasing demand for zero-emission logistics solutions, and potential cost declines in electrolysis and fuel-cell technology; investors may find exposure to the hydrogen mobility transition attractive as the company focuses on vehicle fleets and refuelling infrastructure.
Principal risks include substantial execution and financing risk in scaling manufacturing and infrastructure, strong competition from battery-electric alternatives and established suppliers, and uncertainty around the timing of supportive policy and hydrogen supply build-out.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.30
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
-0.40M
Debt / Equity
-
ROE
-17236.68%
Net Debt
3.67M
ROCE
81.66%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Income before tax -4.96M -10.74M -13.72M -8.87M -2.46M
Net income -5.07M -10.91M -13.72M -8.87M -2.46M
Selling general administrative 3.86M 9.57M 10.54M 3.89M 2.29M
Gross profit - - 0.01M 0.00M -0.13M
Reconciled depreciation 0.12M 0.12M 0.10M 0.00M 0.02M
Ebit - - - -8.47M -0.99M
Ebitda - - -13.43M -8.46M -2.43M
Operating income -4.23M -10.46M -13.51M -8.44M -2.46M
Interest expense 0.58M 0.17M 0.18M 0.41M 0.00M
Interest income 0.00M 0.00M - - -
Net interest income -0.58M -0.17M -0.18M -0.41M -0.00M
Total revenue 0.00M 0.00M 0.16M 0.00M 0.30M
Total operating expenses 4.23M 10.46M 13.67M 8.44M 2.76M
Cost of revenue - - 0.15M 0.00M 0.43M
Total other income expense net -0.15M -0.11M -0.02M -0.02M -
Net income from continuing ops -4.96M -10.74M -13.72M -8.87M -2.46M
Net income applicable to common shares - - -13.72M -8.87M -2.46M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 1.82M 2.15M 4.24M 5.15M 2.62M
Intangible assets 0.69M 0.79M - - -
Other current assets - - - -0.00M -
Total liab 7.50M 4.28M 3.15M 4.03M 1.46M
Total stockholder equity -5.68M -2.13M 1.09M 1.12M 1.17M
Other current liab - - - 0.60M 0.60M
Common stock - - 24.72M 12.07M 4.04M
Capital stock 31.71M 30.88M 24.72M 12.07M 4.10M
Retained earnings -42.48M -37.43M -26.38M -12.67M -3.80M
Other liab - - - - -0.06M
Cash 0.01M 0.09M 0.39M 2.60M 1.64M
Total current liabilities 7.00M 2.05M 3.15M 2.89M 1.35M
Net debt 3.67M 2.15M - - -
Short long term debt 3.18M - 0.03M 0.12M -
Other stockholder equity - - - 0.02M -
Total current assets 1.01M 1.20M 3.34M 4.16M 2.48M
Net tangible assets - - 0.20M 0.13M 1.10M
Net receivables - - - 0.89M 0.08M
Long term debt 0.50M 2.23M - 1.14M 0.03M
Inventory 0.24M 0.19M 0.24M 0.56M 0.73M
Accounts payable 3.68M 1.84M 3.00M 2.06M 0.75M
Non current assets total 0.81M 0.95M 0.90M 0.99M 0.00M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Investments 0.00M -0.17M -0.01M 0.00M 0.20M
Change to liabilities - - 0.53M 1.73M 1.40M
Total cashflows from investing activities - - -0.01M -0.01M 0.20M
Net borrowings 1.22M 2.46M - 1.84M 0.03M
Total cash from financing activities 1.46M 8.78M 11.58M 8.11M 2.90M
Change to operating activities - - -0.05M 0.04M -0.03M
Net income -5.07M -10.91M -13.72M -8.87M -2.46M
Change in cash -0.08M -0.31M -2.20M 0.96M 1.30M
Begin period cash flow 0.09M 0.39M 2.60M 1.64M 0.33M
End period cash flow 0.01M 0.09M 0.39M 2.60M 1.64M
Total cash from operating activities -1.53M -8.92M -13.64M -7.15M -1.79M
Issuance of capital stock 0.00M 4.03M 6.06M 5.52M 2.97M
Depreciation 0.12M 0.12M 0.10M 0.10M 0.02M
Change to inventory -0.05M 0.05M -0.26M -0.26M -0.87M
Change to account receivables - - - -0.80M -0.05M
Other cashflows from financing activities - - -0.75M -0.48M -0.48M
Change to netincome - - -0.81M 0.75M 0.22M
Capital expenditures 0.00M 0.17M 0.01M 0.00M 0.02M
Change in working capital 2.22M 0.76M 1.18M 0.96M 0.47M
Stock based compensation 0.86M 1.02M 0.90M 0.73M 0.22M
Other non cash items 0.31M 0.09M -2.12M 0.03M -0.04M
Free cash flow -1.53M -9.09M -13.65M -7.15M -1.82M

Peer Comparison*

Sector: Consumer Cyclical Industry: Auto Manufacturers

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
FHYD
First Hydrogen Corp
-0.01
1.67%
0.29 - - 1724.06 73.05 1135.89 -7.26

Profile*

First Hydrogen Corp

First Hydrogen Corp. focuses on zero-emission vehicles, green hydrogen production and distribution, and supercritical carbon dioxide extractor systems primarily in Canada and the United Kingdom. The company designs and develops hydrogen-fuel-cell-powered vehicle. It also provides hydrogen powertrain platform for marine, agriculture, industrial machinery, commercial trucks, camper vans, backup power, portable power, and EV charging. The company was formerly known as Pure Extraction Corp. and changed its name to First Hydrogen Corp. in October 2021. First Hydrogen Corp. was incorporated in 2007 and is based in Vancouver, Canada.

1100 Melville Street, Vancouver, BC, Canada, V6E 4A6

604 601 2018

Name Title Year Born
Mr. Balraj S. Mann BA. CA., CPA CEO, Pres & Chairman 1955
Ms. Nancy Zhao CPA, CGA, CPA Chief Financial Officer 1970
Mr. Steve Gill Chief Exec. Officer of Automotive Division 1966
Mr. Robert W. Campbell BSc, MBA, P. Eng Chief Exec. Officer of Energy NA
Mr. Stephen Pendrey Chief Engineer of Vehicle Program NA
Mr. Manuel Tolosa Head of Powertrain Engineering of First Hydrogen Limited NA
Mr. Allan Rushforth Chief Commercial Officer for Automotive Division at First Hydrogen Limited NA
Ms. Afke Cornelia-Saskia Schipstra Chief Operational Officer of First Hydrogen Limited NA
Mr. Carlos Alberto D'Amicis Chief Financial Officer of First Hydrogen Limited NA
Mr. Balraj S. Mann BA. CA., CPA CEO, President & Chairman 1955

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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