Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 5 Hazelton Av. TORONTO ON M5R 2E1 |
Tel: | N/A |
Website: | https://ammpower.com |
IR: | See website |
Key People | ||
N/A |
Business Overview |
AmmPower Corp. is a Canada-based clean energy company focused on the production of green ammonia. The Company is active in all facets of green ammonia technology, including the production of green fertilizers, carbon-free shipping fuel, and the cracking or moving of green hydrogen as ammonia. It is developing technologies to produce green ammonia and green hydrogen at scale. It is manufacturing its Independent Ammonia Making Machine (IAMM) units to create green ammonia for the agricultural industry. It also holds a lithium exploration property in Quebec and an option on the Titan Property located in Northwestern Ontario. The Titan Gold Property consists of approximately 34 mineral tenures and is located in the Klotz Lake Area in Northwestern Ontario. The Whabouchi Property is located in the James Bay/Eeyou Istche region of Quebec. The Company has a research and manufacturing facility in Southeast Michigan. It holds several LOIs with ports in Brazil and the United States. |
Financial Overview |
For the nine months ended 29 February 2024, AmmPower Corp revenues was not reported. Net loss decreased 89% to C$2.6M. Lower net loss reflects Research, development and technology exp decrease of 99% to C$116K (expense), Share-based payments decrease of 87% to C$397K (expense), Wages and benefits decrease of 39% to C$1M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.20 to -C$0.02. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $6.74M as of Feb 29, 2024 |
Annual revenue (TTM): | $0.00M as of Feb 29, 2024 |
EBITDA (TTM): | $14.18M as of Feb 29, 2024 |
Net annual income (TTM): | -$3.64M as of Feb 29, 2024 |
Free cash flow (TTM): | -$0.27M as of Feb 29, 2024 |
Net Debt Last Fiscal Year: | $1.91M as of Feb 29, 2024 |
Shares outstanding: | 161,116,220 as of Mar 11, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |