Pure Hydrogen Corporation Limited Registered Shs (PH2) AI Stock Analysis

• Market Cap: AU$35.11M
• Dividend Yield: N/A
• Average Volume (3M): 565.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: 474.71%
• EPS Growth: 40.74%
• Country: AU
• Employees: 7
• Sector: Energy
• Sector Strength: 50
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): >-0.01
• Shares Outstanding: 373,480,800
• 10 Day Avg. Volume: 675,481
• 30 Day Avg. Volume: 565,466
• PEG Ratio: N/A
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -14.32
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 54 Neutral
• Price Target: ―

Pure Hydrogen Corporation Limited demonstrates strong revenue growth potential but struggles with profitability, impacting its overall financial performance score. Technical indicators show short-term bullishness, yet the lack of profitability and a negative P/E ratio weigh on its valuation score. The absence of recent earnings call data and corporate events limits further insight into immediate strategic direction or potential catalysts.

Pure Hydrogen Corporation Limited Registered Shs Business Overview & Revenue Model

Company Description

Pure Hydrogen Corporation Limited engages in the development of hydrogen fuel and fuel cell businesses in Australia and South Africa. It develops hydrogen and natural gas projects through the use of cutting edge technology. The company is based in New South Wales, Australia.

How the Company Makes Money

Pure Hydrogen Corporation Limited generates revenue through several key streams. The primary source of income is the sale of hydrogen gas produced using their proprietary technologies. Additionally, the company earns money by providing hydrogen fuel cell technologies and related infrastructure solutions to various industries, including transportation and energy generation. The company also benefits from strategic partnerships and collaborations with other energy and technology firms, which can include joint ventures or technology licensing agreements. Government grants and subsidies for renewable energy initiatives may also contribute to the company's earnings. These diversified revenue channels enable PH2 to capitalize on the growing demand for sustainable energy solutions.

Pure Hydrogen Corporation Limited Registered Shs Financial Statement Overview

Summary

Pure Hydrogen Corporation Limited shows promising revenue growth but faces ongoing profitability issues. The strong equity position and lack of debt provide financial stability, yet inefficiencies in cash flow management and generating returns on equity persist. The company needs to address its expense structure to achieve sustainable profitability.

Income Statement

The company has shown significant revenue growth, increasing from AUD 36,000 in 2023 to AUD 1,031,000 in 2024. However, it continues to operate at a loss, with negative gross profit margins and net profit margins due to high operating expenses. The EBIT and EBITDA margins are also negative, reflecting ongoing profitability challenges.

Balance Sheet

The company maintains a strong equity position, with a debt-free balance sheet. The equity ratio stands at a robust 86.8% in 2024. However, the company’s return on equity is negative due to net losses, indicating inefficiency in generating returns from shareholder equity.

Cash Flow

The company experienced a decline in operating cash flow from a positive AUD 3,929,000 in 2023 to a negative AUD 1,932,000 in 2024, resulting in negative free cash flow. The negative free cash flow to net income ratio indicates a challenge in converting net income into cash flow. The cash position remains strong, providing a buffer against operational cash flow challenges.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	1.03M	36.00K	29.69K	―	9.55K
Gross Profit	142.00K	31.34K	27.69K	―	1.68K
EBITDA	-5.45M	-4.16M	-1.39M	-1.94M	-1.71M
Net Income	-3.92M	1.41M	-2.51M	-2.78M	-1.74M
Balance Sheet
Total Assets	32.45M	33.42M	30.46M	23.55M	2.52M
Cash, Cash Equivalents and Short-Term Investments	5.97M	12.60M	9.53M	10.10M	854.00K
Total Debt	0.00	0.00	0.00	0.00	402.35K
Total Liabilities	4.82M	2.78M	2.10M	1.38M	892.05K
Stockholders Equity	28.18M	30.64M	28.36M	22.17M	1.29M
Cash Flow
Free Cash Flow	-2.61M	2.26M	-2.38M	-1.45M	-897.89K
Operating Cash Flow	-1.93M	3.93M	-1.96M	-1.12M	-526.87K
Investing Cash Flow	-5.11M	-2.11M	-1.92M	-320.00K	-152.84K
Financing Cash Flow	402.00K	1.25M	3.31M	10.68M	1.16M

Pure Hydrogen Corporation Limited Registered Shs Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PH2, the sentiment is Positive. The current price of 0.09 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and below the 200-day MA of 0.10, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 65.72 is Neutral, neither overbought nor oversold. The STOCH value of 66.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PH2.

Pure Hydrogen Corporation Limited Registered Shs Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	67 Neutral	$15.24B	9.90	6.33%	5.18%	4.06%	-67.04%
PH2	54 Neutral	AU$35.11M	―	-10.18%	―	474.71%	40.74%
ELXPF	―	$23.76M	―	-5.28%	―	―	―
PGNYF	―	$12.88M	―	-6.63%	―	―	―
ROG	56 Neutral	AU$21.69M	―	3.98%	―	709.42%	―
CTP	45 Neutral	AU$39.50M	540.00	0.25%	―	-15.16%	-99.57%
BLU	40 Underperform	AU$12.96M	―	-1.86%	―	―	89.19%

Pure Hydrogen Corporation Limited Registered Shs Corporate Events

Pure Hydrogen Advances in Clean Energy with Key Deliveries and Strategic Partnerships

Pure Hydrogen Corporation Limited has made significant strides in the clean energy sector, highlighted by the delivery of Australia’s first hydrogen fuel cell garbage truck and securing purchase orders for hydrogen fuel cell vehicles from major companies like TOLL Transport and Heidelberg Materials. The company also reported positive cash flow and substantial cash receipts for the quarter, indicating strong financial health. Post quarter-end, Pure Hydrogen executed a Master Supply and Distributor Agreement with GreenH2 LATAM, enhancing its market presence in Mexico, and saw commercial sales of graphene powder from Turquoise Group, in which it holds a strategic stake. These developments position Pure Hydrogen as a key player in the transition to zero emissions, with a robust sales pipeline and strategic international partnerships.

Pure Hydrogen Secures Major Hydrogen Equipment Deal in Latin America

Pure Hydrogen Corporation Limited has secured a significant agreement with GreenH2 LATAM, a leading clean energy company in Mexico City, to supply hydrogen infrastructure for two projects in Mexico. This agreement, valued at US$28 million, includes the provision of electrolysers, compression, refuelling, storage, and transport equipment, and grants GreenH2 LATAM exclusive distribution rights in Mexico and Colombia. This collaboration is expected to enhance Pure Hydrogen’s position in the global hydrogen market, particularly in Latin America, and aligns with the region’s commitment to sustainable energy transition. The deal follows recent purchase orders from TOLL Transport and Heidelberg Materials, further validating Pure Hydrogen’s strategy and expanding its reach into key markets.

Pure Hydrogen Highlights Strong Gas Resource Estimates in Half-Year Presentation

Pure Hydrogen Corporation Limited has released its half-year presentation, highlighting its substantial gas resource estimates from key projects like Windorah and Venus. These projects contribute to the company’s strong position in the energy sector, with significant contingent and prospective gas resources, underscoring its commitment to the zero emissions economy. The announcement reflects the company’s strategic focus on leveraging its resource base to enhance its market standing and provide value to stakeholders.

Pure Hydrogen Advances Zero-Emission Vehicle Portfolio and Clean Energy Projects

Pure Hydrogen Corporation Limited has released its half-year financial report, highlighting its progress in advancing zero-emission vehicles and clean energy infrastructure. The company is positioning itself as a leader in the hydrogen economy by offering hydrogen fuel cell and battery electric vehicles, particularly for the commercial transport sector. With regulatory-approved vehicles ready for markets in Australia, North America, and other regions, Pure Hydrogen is set to meet growing demand, underscoring its commitment to zero-emission transportation and strategic market expansion.

Pure Hydrogen Secures Landmark Order for Hydrogen Fuel Cell Truck

Pure Hydrogen Corporation Limited has secured a purchase order from Heidelberg Materials Australia for a hydrogen fuel cell concrete agitator truck, marking a significant milestone in the adoption of zero-emission vehicles in the construction industry. This collaboration aligns with Heidelberg’s sustainability goals and highlights Pure Hydrogen’s commitment to advancing sustainable transport solutions, potentially impacting the heavy-duty transport sector by reducing emissions and operational costs.

Pure Hydrogen Completes First HFC Garbage Truck Handover to Solo

Pure Hydrogen Corporation Limited announced the successful handover of Australia’s first hydrogen fuel cell rear loader garbage truck to Solo Resource Recovery. This milestone, confirmed on 6 February 2025, marks an important step in Pure Hydrogen’s strategy to expand its market presence and drive the adoption of hydrogen-powered vehicles. The company views this achievement as a gateway to further orders, leveraging Solo’s endorsement to attract interest from councils and other potential buyers. The announcement was deemed market-sensitive as it confirmed Solo’s acceptance of the vehicle, a detail not included in the previous quarterly report, emphasizing Pure Hydrogen’s commitment to transparency and timely information dissemination.

Pure Hydrogen’s Landmark Hydrogen-Powered Garbage Truck Launch

Pure Hydrogen Corporation Ltd has successfully delivered Australia’s first hydrogen fuel cell rear loader garbage truck to Solo Resource Recovery, marking a critical milestone in the transition to clean energy within the waste management sector. This development, combined with the strong interest from local councils and the receipt of Australian Design Rules approval, positions Pure Hydrogen at the forefront of sustainable vehicle adoption, advancing their strategy to reduce carbon emissions and promote zero-emission vehicles nationwide.

Pure Hydrogen Faces Legal Claim Over Contract Dispute

Pure Hydrogen Corporation Limited has received a claim from Pure Haul Pty Limited for an alleged contract repudiation, seeking $8.1 million in damages. The company considers the claim baseless and plans to defend it vigorously, while also contemplating a counterclaim. This legal matter may impact the company’s operations and stakeholder confidence, although Pure Hydrogen remains confident in its position.