Charbone Hydrogen Corporation (V:CH*CA)

Business Focus: Electric Utilities (NEC)

Sector:  Utilities Industry:  Electric Utilities
 
Company Contact
Address: BROSSARD QC J4Z 0N5
Tel: N/A
Website: https://www.charbone.com
IR: See website
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Key People
N/A    
Business Overview
Charbone Hydrogen Corporation is a Canada-based green hydrogen company. The Company is engaged in the production and distribution of green hydrogen, produced from renewable energy. The Company's green hydrogen is produced by electrolysis, using exclusively water and hydropower. It delivers compressed hydrogen in a variety of sizes. It also provides personalized customer service. The Company has acquired existing hydroelectric power plants ranging from 0.25-25 megawatts (MW) in targeted markets where there is a demand for renewable energy and a need for base load (constant and stable) power supply. Its hydropower stations feed the distribution networks in a non-intermittent and non-variable way. Its hydroelectric power generation is sold to private or public companies, local cooperatives, municipal utilities, or major energy distributors.
Financial Overview
For the fiscal year ended 31 December 2023, Charbone Hydrogen Corp revenues increased from C$22K to C$283K. Net loss decreased 57% to C$3.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Hydroelectric power Generation segment loss decrease of 30% to C$3M. Basic Earnings per Share excluding Extraordinary Items increased from -C$0.19 to -C$0.05.
Reporting Currency: Canadian Dollars
Enterprise value: $9.73M as of Dec 31, 2023
Annual revenue (TTM): $0.28M as of Dec 31, 2023
EBITDA (TTM): -$2.68M as of Dec 31, 2023
Net annual income (TTM): -$3.19M as of Dec 31, 2023
Free cash flow (TTM): -$1.64M as of Dec 31, 2023
Net Debt Last Fiscal Year: $2.59M as of Dec 31, 2023
Shares outstanding: 77,540,043 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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