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Pure Hydrogen Corporation Limited Registered Shs (AU:PH2)
ASX:PH2
Australian Market
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Pure Hydrogen Corporation Limited Registered Shs (PH2) AI Stock Analysis

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AU:PH2

Pure Hydrogen Corporation Limited Registered Shs

(Sydney:PH2)

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Neutral 45 (OpenAI - 4o)
Rating:45Neutral
Price Target:
AU$0.00
▼(-100.00% Downside)
Pure Hydrogen Corporation's overall stock score is primarily impacted by its financial performance, which is hindered by profitability and cash flow issues despite strong revenue growth. Technical analysis indicates neutral momentum, while valuation concerns due to a negative P/E ratio further weigh down the score.

Pure Hydrogen Corporation Limited Registered Shs (PH2) vs. iShares MSCI Australia ETF (EWA)

Pure Hydrogen Corporation Limited Registered Shs Business Overview & Revenue Model

Company DescriptionPure 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 MoneyPure Hydrogen Corporation Limited generates revenue through the production and sale of hydrogen, leveraging its technology to create cost-effective and environmentally friendly hydrogen solutions. Key revenue streams include the sale of hydrogen fuel to various sectors such as transportation, where it powers fuel cell vehicles, and industrial clients requiring hydrogen for manufacturing processes. Additionally, the company may engage in joint ventures and partnerships with other industry players to expand its market reach and share development costs. These partnerships could include collaborations with technology providers, automotive manufacturers, or energy companies, further enhancing PH2's revenue potential through shared projects and investment.

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
35
Negative
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
40
Negative
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
30
Negative
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.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue490.80K2.40M1.03M36.00K29.69K3.00K
Gross Profit402.00K-1.10M142.00K36.00K27.69K-62.00K
EBITDA-1.44M-18.68M-5.45M-4.16M705.00K-2.78M
Net Income-6.37M-15.98M-3.92M1.41M388.00K-2.78M
Balance Sheet
Total Assets33.05M23.69M32.45M33.42M30.46M23.55M
Cash, Cash Equivalents and Short-Term Investments8.56M2.09M5.97M12.60M9.53M10.10M
Total Debt0.00231.00K147.00K0.000.000.00
Total Liabilities4.33M11.54M4.82M2.78M2.10M1.38M
Stockholders Equity28.72M13.20M28.18M30.64M28.36M22.17M
Cash Flow
Free Cash Flow-5.96M-3.35M-2.61M2.26M-2.38M-1.45M
Operating Cash Flow-3.22M-3.32M-1.93M3.93M-1.96M-1.12M
Investing Cash Flow-4.81M-1.58M-5.11M-2.11M-1.92M-320.00K
Financing Cash Flow-28.00K1.00M402.00K1.25M3.31M10.68M

Pure Hydrogen Corporation Limited Registered Shs Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.09
Price Trends
50DMA
0.09
Positive
100DMA
0.09
Negative
200DMA
0.09
Positive
Market Momentum
MACD
<0.01
Positive
RSI
52.70
Neutral
STOCH
48.15
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 0.09, above the 50-day MA of 0.09, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.70 is Neutral, neither overbought nor oversold. The STOCH value of 48.15 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

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AU$50.44M6.4421.06%17.42%-38.46%
$15.17B7.614.09%5.20%3.87%-62.32%
AU$32.53M-100.00-8.36%-7.30%
-6.62%20.00%
AU$34.59M-77.24%133.07%-288.18%
AU$58.78M-96.62%-100.00%-2093.33%
AU$14.95M-12.50-1.94%89.19%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:PH2
Pure Hydrogen Corporation Limited Registered Shs
0.09
-0.04
-30.77%
AU:EXR
Elixir Energy Limited
0.04
-0.02
-27.27%
AU:HHR
Hartshead Resources NL
AU:ROG
Red Sky Energy Limited
0.01
0.00
0.00%
AU:CTP
Central Petroleum Limited
0.07
0.02
40.00%
AU:BLU
Blue Energy Limited
0.01
0.00
0.00%

Pure Hydrogen Corporation Limited Registered Shs Corporate Events

Pure Hydrogen Announces Quotation of New Securities on ASX
Oct 29, 2025

Pure Hydrogen Corporation Limited has announced the quotation of 2,764,670 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code PH2. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and market presence, which could impact its operational capabilities and investor confidence.

Pure Hydrogen Partners with AMQ to Boost Zero-Emission Vehicle Assembly in Australia
Oct 28, 2025

Pure Hydrogen Corporation Limited has announced a strategic partnership between its subsidiary, Pure One Operations, and Advanced Manufacturing Queensland (AMQ) to assemble and sell zero-emission vehicles in Australia. This collaboration is a significant step in Pure Hydrogen’s strategy to enhance local assembly capabilities, allowing the company to scale production and innovate in zero-emission transport solutions. The partnership also opens up a new revenue stream through the sale of the Ford F-150 Lightning, a battery electric vehicle, to Pure’s existing customer base, which includes major transport and industrial companies in Australia. The agreement sets a framework for future commercial opportunities and aims for a binding final agreement by early 2026.

Pure Hydrogen Issues New Shares to Bolster Clean Energy Initiatives
Oct 28, 2025

Pure Hydrogen Corporation Limited has issued 2,764,670 ordinary shares to professional investors, raising $250,000. This move is part of the company’s strategy to strengthen its financial position as it continues to focus on clean energy projects and zero emissions technology, potentially enhancing its market position and benefiting stakeholders.

Pure Hydrogen Corporation Announces Proposed Securities Issue to Bolster Market Position
Oct 23, 2025

Pure Hydrogen Corporation Limited has announced a proposed issue of securities, including 28,000,000 Loan Note Options and 2,764,670 fully paid ordinary shares. This move is part of a strategic effort to raise capital, which could enhance the company’s operational capabilities and strengthen its position in the hydrogen energy market.

Pure Hydrogen Announces 2024 AGM with Proxy Voting Options
Oct 21, 2025

Pure Hydrogen Corporation Limited has announced its 2024 Annual General Meeting (AGM) scheduled for November 28, 2025. The meeting will be held physically in Sydney, with no virtual attendance option. Shareholders are encouraged to appoint proxies for voting if they cannot attend in person, with online and mobile proxy voting available. This meeting is an opportunity for shareholders to engage with the company’s board and discuss future directions.

Pure Hydrogen Secures $2.5 Million Funding to Boost Zero-Emission Vehicle Rollout
Oct 21, 2025

Pure Hydrogen Corporation Limited has secured a $2.5 million loan facility from Gam Company Pty Limited to support its growth initiatives. This funding will provide the company with the flexibility to accelerate the rollout of its clean energy vehicle fleet and fulfill critical customer contracts, enhancing its market presence in the zero-emission transport sector. The loan, which is secured by a first-ranking security over Pure’s assets, allows for early repayment without penalty, offering operational stability while the company develops longer-term funding strategies.

Pure Hydrogen Settles Dispute and Expands Operations with Acquisition
Oct 21, 2025

Pure Hydrogen Corporation Limited has settled a contractual dispute with Pure Haul Pty Limited by acquiring its business for $250,000 in shares and purchasing two trucks valued at $700,000. This acquisition positions Pure Hydrogen to generate revenue through transportation services, enhancing its clean energy operations and potentially strengthening its market position.

Pure Hydrogen Corporation Issues New Unquoted Securities
Oct 1, 2025

Pure Hydrogen Corporation Limited has announced the issuance of 5,441,770 unquoted securities, set to expire on September 5, 2028, as part of a previously announced transaction. This move reflects the company’s ongoing efforts to strengthen its financial position and support its strategic initiatives in the hydrogen energy sector, potentially impacting its market positioning and stakeholder interests.

Pure Hydrogen Expands Distribution Network with New Dealer Agreement
Sep 11, 2025

Pure Hydrogen Corporation Limited has announced a dealer agreement with Hydrogen Diesel Electric Australia Pty Ltd (HDEA) to distribute its hydrogen fuel cell and battery electric trucks and buses in Western Australia and Queensland, with potential expansion into New Zealand. This partnership is part of Pure Hydrogen’s strategy to expand its national dealer network and enhance its market presence in the clean transport sector, supported by HDEA’s expertise in low-emission vehicle solutions and commercial fleet distribution.

Pure Hydrogen Issues New Shares to Bolster Clean Energy Projects
Sep 8, 2025

Pure Hydrogen Corporation Limited announced the issuance of 10,882,353 fully paid ordinary shares and 5,441,170 unlisted options to professional investors. This move is part of the company’s strategy to strengthen its financial position and support its clean energy projects. The issuance was conducted without a prospectus, in compliance with the Corporations Act, indicating the company’s confidence in its regulatory adherence and market strategy. This development is expected to enhance Pure Hydrogen’s operational capabilities and reinforce its position in the clean energy sector.

Pure Hydrogen Announces Proposed Securities Issue to Support Growth
Sep 8, 2025

Pure Hydrogen Corporation Limited has announced a proposed issue of securities, with a maximum of 5,000,000 options to be issued. This move is part of the company’s strategy to enhance its financial resources, potentially impacting its market positioning by supporting ongoing projects and future growth initiatives.

Pure Hydrogen Announces Quotation of New Securities on ASX
Sep 8, 2025

Pure Hydrogen Corporation Limited has announced the quotation of 10,882,353 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code PH2. This move is part of previously announced transactions and is expected to enhance the company’s capital structure, potentially strengthening its market position in the hydrogen energy sector.

Pure Hydrogen Expands into North American Market with GTS Group Partnership
Sep 1, 2025

Pure Hydrogen Corporation Limited has signed a Letter of Intent with GTS Group, a California-based truck distributor, to introduce hydrogen-powered heavy vehicles in North America. This agreement marks a significant expansion for Pure Hydrogen in the North American market, leveraging GTS’s established customer base to promote zero-emission trucks, thereby enhancing the company’s industry positioning and potential market share.

Pure Hydrogen Corporation Reinstated to Quotation After Capital Raising
Aug 28, 2025

Pure Hydrogen Corporation Limited, listed on the ASX under the ticker PH2, has announced the reinstatement of its securities to quotation following a recent suspension. This development comes after the company released an announcement regarding a capital raising, which is expected to impact its financial operations and potentially enhance its market position.

Pure Hydrogen Announces Proposed Securities Issue to Boost Capital
Aug 28, 2025

Pure Hydrogen Corporation Limited has announced a proposed issue of securities, which includes investor options exercisable at 15 cents and ordinary fully paid shares. This move is likely aimed at raising capital to support the company’s operations and growth in the hydrogen energy sector, potentially enhancing its market position and offering new opportunities for stakeholders.

Pure Hydrogen Secures A$1 Million for Expansion
Aug 28, 2025

Pure Hydrogen Corporation Limited has secured firm commitments to raise A$1 million through an equity placement at A$0.085 per share, with strong support from investors and directors. The funds will be used to expand operations in the US and Australia, support new vehicle deliveries, and provide general working capital, enhancing the company’s market positioning in the clean technology sector.

Pure Hydrogen Requests Voluntary Suspension Amid Capital Raising Plans
Aug 27, 2025

Pure Hydrogen Corporation Limited has requested a voluntary suspension of its securities from the Australian Securities Exchange (ASX) as it prepares to make an announcement regarding a capital raising through a placement. The suspension is expected to last until August 29, 2025, or until the company releases the relevant announcement. This move indicates Pure Hydrogen’s strategic efforts to secure additional funding, which could impact its market positioning and stakeholder interests.

Pure Hydrogen Initiates Trading Halt Ahead of Capital Raising Announcement
Aug 25, 2025

Pure Hydrogen Corporation Limited has announced a trading halt on its securities pending a significant announcement regarding a capital raising initiative through a placement. This move indicates the company’s strategic efforts to secure additional funding, which could potentially enhance its operational capabilities and strengthen its position in the hydrogen energy market.

Pure Hydrogen Secures Over $3M in New HFC Vehicle Orders
Aug 11, 2025

Pure Hydrogen Corporation Limited has announced new sales orders exceeding $3 million for hydrogen fuel cell vehicles, including a significant agreement with Scott Lovatt Transport for two Taurus Prime Mover trucks, contingent on grant funding. Additionally, Heidelberg Materials has placed a second order for a hydrogen fuel cell concrete agitator truck, highlighting the growing demand for sustainable heavy vehicles and Pure Hydrogen’s expanding presence in the commercial transport sector.

Pure Hydrogen Reports Positive Cash Flow and Expands Global Reach
Jul 31, 2025

Pure Hydrogen Corporation Limited reported a second consecutive quarter of positive cash flow, with significant developments in both domestic and international markets. The company delivered Australia’s first hydrogen-powered truck to a government agency and expanded its global distribution through agreements in Latin America and Argentina. The Queensland government granted a 15-year commercial area for the Windorah Gas Project, and the company is well-capitalized to support its growth, holding $2.7 million in cash and additional credit facilities.

Pure Hydrogen Rebrands to Reflect Expanded Clean Energy Focus
Jul 31, 2025

Pure Hydrogen Corporation Limited has announced a proposal to change its name to Pure One Corporation Limited, reflecting its strategic focus on expanding beyond hydrogen into a broader portfolio of clean energy technologies and mobility solutions. This rebranding aims to enhance market positioning and support long-term growth and diversification. The company is advancing its commercial vehicle fleet, including hydrogen fuel cell and electric vehicles, with new models in development. It is also focusing on expanding its product mix across global markets, driven by strong demand and government incentives, particularly in the United States and Canada.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 30, 2025