H/Cell Energy Corp (PK:HCCC)

Business Focus: Renewable Energy Equipment & Services

Sector:  Energy Industry:  Renewable Energy Equipment & Services
See Regulatory Filings on SEC
Company Contact
Address: 3010 Lyndon B Johnson Fwy Fl 1200
DALLAS TX 75234-2710
Tel: N/A
Website: www.hcellenergy.com
IR: See website
Key People
Business Overview
H/Cell Energy Corporation is a start-up company. The Company's principal operations consist of designing and installing hydrogen energy systems. The Company is involved in development of a hydrogen energy system for residential and commercial use designed to create electricity. Its system uses renewable energy as its source for hydrogen production. The Company is focused on the installation of HC-1 system. The HC-1 system can be configured as an off grid solution for all users' electricity needs or it can be connected to the grid to generate energy credits. The HC-1 system is connected to the residential or commercial property through the inverters. The electricity is provided by the charged batteries. If there is no solar power to charge the batteries, the system keeps the batteries fully charged by using hydrogen stored in the tank, which processed through a fuel cell, creates the electricity.
Financial Overview
For the three months ended 31 March 2019, H/Cell Energy Corp revenues decreased 1% to $1.7M. Net loss increased 29% to $144K. Revenues reflect Related Party decrease from $32K to $0K. Higher net loss reflects General and Administrative Expenses increase of 6% to $607K (expense), Interest expense related party increase from $14K to $36K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.01 to -$0.02.
Reporting Currency: U.S. Dollars
Enterprise value: $4.01M as of Jun 30, 2019
Annual revenue (TTM): $7.52M as of Jun 30, 2019
EBITDA (TTM): -$0.23M as of Jun 30, 2019
Net annual income (TTM): -$0.59M as of Jun 30, 2019
Free cash flow (TTM): -$0.83M as of Jun 30, 2019
Net Debt Last Fiscal Year: $0.64M as of Jun 30, 2019
Shares outstanding: 7,666,024 as of Aug 6, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization