| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -47.51K | -43.96K | -31.88K | -26.66K | 0.00 | 0.00 |
| EBITDA | -3.47M | -2.85M | -1.83M | -1.18M | -604.96K | -248.09K |
| Net Income | -3.52M | -2.92M | -1.86M | -1.28M | -649.01K | 796.98K |
Balance Sheet | ||||||
| Total Assets | 37.43M | 36.82M | 9.90M | 10.71M | 367.66K | 5.63K |
| Cash, Cash Equivalents and Short-Term Investments | 11.29M | 20.43M | 793.41K | 4.60M | 327.44K | 2.79K |
| Total Debt | 38.06K | 59.13K | 9.17K | 40.58K | 667.70K | 60.00K |
| Total Liabilities | 2.07M | 510.44K | 231.09K | 334.61K | 1.12M | 152.22K |
| Stockholders Equity | 35.36M | 36.31M | 9.67M | 10.38M | -748.80K | -146.59K |
Cash Flow | ||||||
| Free Cash Flow | -2.22M | -8.47M | -4.62M | -1.29M | ― | -206.60K |
| Operating Cash Flow | -2.21M | -1.90M | -1.68M | -1.27M | ― | -206.60K |
| Investing Cash Flow | -14.14M | -6.57M | -2.94M | -24.45K | -5.00K | -90.55K |
| Financing Cash Flow | 22.84M | 28.11M | 825.76K | 5.57M | 655.00K | 60.00K |
HyTerra has unveiled a new Strategic Plan built around three pillars designed to transform it into a leading global geologic hydrogen company, anchored by the commercialisation of its Nemaha Project in Kansas. The plan prioritises advancing Nemaha through further drilling and production testing to prove sustainable hydrogen and helium flow rates, while simultaneously using the company’s proprietary “Hydrogen Must Haves” criteria to expand its portfolio across other US states and pursue international growth opportunities and partnerships. By leveraging the knowledge and IP gained from its 2025 drilling campaign and its collaboration with Fortescue’s technical team, HyTerra aims to build a diversified, capital-efficient pipeline of projects, broaden its exposure to multiple geologic plays, and enhance its strategic positioning in the rapidly emerging natural hydrogen industry.
Hyterra Ltd has announced the issuance of unquoted equity securities, specifically options expiring in 2027, 2028, and 2029, as part of an employee incentive scheme. This move is likely aimed at enhancing employee retention and motivation, potentially impacting the company’s operational efficiency and market competitiveness positively.
HyTerra Limited has appointed Riley Kemp as its new CEO, effective immediately. Kemp, with over 15 years of experience in global energy and resources markets, is expected to drive the company’s growth and strengthen its market profile. His previous role at Fortescue involved a significant strategic investment in HyTerra, highlighting his commitment to the company’s vision. Kemp’s leadership is anticipated to enhance HyTerra’s position in the geologic hydrogen industry, focusing on commercialisation and strategic partnerships.
HyTerra Limited has entered into a binding joint collaboration agreement with GeoKiln Energy Innovation Inc to advance the production of geologic hydrogen using GeoKiln’s MSSH™ technology. This collaboration aims to conduct a world-first test of geologic hydrogen generation within a drilled wellbore over the next twelve months. GeoKiln, a leader in engineered hydrogen, will fund and manage the demonstration test, which could significantly impact HyTerra’s operations and market positioning by accelerating commercialization and opening new market opportunities.
HyTerra Limited announced its participation in the 2025 HNAT Worldwide Summit in Paris, where Executive Director Avon McIntyre will present to investors, highlighting the company’s progress in geologic hydrogen exploration. Additionally, HyTerra has been selected by Renaissance Philanthropy for a pioneering Open Site Challenge, which invites scientific research into geologic hydrogen. This collaboration aims to enhance the understanding of hydrogen generation and storage, with Renaissance Philanthropy providing funding and HyTerra offering access to its datasets, potentially benefiting the company, researchers, and the public.
HyTerra Limited has made significant progress in its exploration efforts, particularly in Kansas, where it has successfully conducted field operations on three wells. The company reported elevated levels of hydrogen and helium, with plans for further appraisal and test design. The completion of seismic processing and integration with other data has enhanced their understanding of the region, aiding in future prospect definition. The company is also strengthening its presence in the United States by appointing strategic advisors and pursuing an OTCQB quotation to increase visibility and liquidity for North American investors. These developments are set against a backdrop of growing industry interest and policy focus on geological hydrogen in the United States.
HyTerra Limited has begun trading on the U.S. OTCQB Venture Market, a move that aligns with its strategy to commercialize hydrogen resources in Kansas and expand its footprint across the U.S. This development enhances HyTerra’s visibility among U.S. investors and supports its goal of leveraging the growing interest in geologic hydrogen in the U.S. energy market. The company’s recent successful operational program, which included extensive surveys and drilling, positions it well to capitalize on the increasing focus on domestic energy resources and innovation in the U.S.
HyTerra Limited announced that its Executive Director, Benjamin Mee, has been invited to speak at the Forbes Middle East Sustainability Leaders Summit. The company aims to discuss the potential of geological hydrogen as a sustainable energy source, highlighting its promising subsurface results and its role in the global shift towards sustainability.
HyTerra Ltd has released a presentation detailing early insights from its geological hydrogen exploration drilling in Kansas. The company highlights the potential of unlocking significant low-carbon hydrogen supplies, though it acknowledges the substantial risks and uncertainties involved, including geological and development challenges. This exploration could significantly impact HyTerra’s operations and position within the energy industry, offering new opportunities for stakeholders.
HyTerra Limited has reported promising results from its McCoy 1 well in the Project Nemaha acreage, where elevated hydrogen and helium gas shows were recorded during swabbing operations. The company plans to conduct a production test in 2026 to further assess the gas composition and flow potential, following successful gas sample analyses from multiple wells. This development marks a significant step in HyTerra’s exploration efforts, potentially enhancing its position in the hydrogen and helium energy market.