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Hydrogen Utopia International PLC
(LSE:HUI)
Hydrogen Utopia International PLC (HUI) vs. iShares MSCI United Kingdom ETF (EWC)
Hydrogen Utopia International PLC Business Overview & Revenue Model
Hydrogen Utopia International PLC Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -385.00 | -386.00 | -510.00 | -277.00 | -23.00 |
| EBITDA | -185.88K | -861.33K | -1.50M | -1.49M | -1.04M |
| Net Income | -201.68K | -514.20K | -1.41M | -1.49M | -1.04M |
Balance Sheet | |||||
| Total Assets | 2.49M | 2.44M | 2.68M | 4.03M | 5.08M |
| Cash, Cash Equivalents and Short-Term Investments | 373.20K | 266.99K | 1.29M | 2.99M | 2.70M |
| Total Debt | 927.28K | 870.18K | 598.68K | 570.17K | 0.00 |
| Total Liabilities | 1.06M | 1.03M | 826.33K | 678.72K | 505.07K |
| Stockholders Equity | 1.43M | 1.41M | 1.86M | 3.35M | 4.57M |
Cash Flow | |||||
| Free Cash Flow | -231.45K | -780.96K | -1.35M | 151.58K | -981.29K |
| Operating Cash Flow | -231.45K | -780.96K | -1.26M | 281.63K | -594.74K |
| Investing Cash Flow | 93.72K | -450.87K | -491.76K | -555.46K | -386.56K |
| Financing Cash Flow | 485.00K | 211.63K | 46.69K | 570.17K | 3.68M |
Hydrogen Utopia International PLC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | £271.74M | -8.47 | -6.66% | 8.18% | -9.72% | -25.25% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
49 Neutral | £14.49M | -41.88 | -20.52% | ― | ― | ― | |
44 Neutral | £56.17M | -16.47 | -39.34% | ― | ― | 5.56% | |
43 Neutral | ― | -0.21 | -85.63% | ― | ― | ― |
Hydrogen Utopia International PLC Corporate Events
Hydrogen Utopia International PLC has established a wholly owned subsidiary, Hydrogen Utopia KSA, in the Kingdom of Saudi Arabia as part of its strategy to deploy InEnTec’s waste-to-hydrogen technology across the MENA region, aligning closely with Saudi Arabia’s Vision 2030 agenda on waste management, recycling and decarbonisation. Backed by endorsements from key Saudi government-linked bodies MISA, SIRC and RDIA, and the appointment of Iman Ramani as Vice President to coordinate London and KSA operations and lead regional stakeholder engagement and fundraising, the move marks a significant operational foothold in a strategically important market, strengthening HUI’s regional credibility and positioning it as a potential long-term partner in Saudi Arabia’s emerging circular economy and clean-energy infrastructure.
The most recent analyst rating on (GB:HUI) stock is a Hold with a £3.50 price target. To see the full list of analyst forecasts on Hydrogen Utopia International PLC stock, see the GB:HUI Stock Forecast page.
Hydrogen Utopia International PLC has signed a Memorandum of Understanding with Saudi-based Hydrogen Systems LLC, under which Hydrogen Systems will provide engineering, procurement, construction and operations and maintenance services for HUI’s planned waste-to-hydrogen facilities in Saudi Arabia. Leveraging HUI’s exclusive MENA-region licence for InEnTec’s plastic waste-to-hydrogen technology and Hydrogen Systems’ on-the-ground hydrogen infrastructure expertise, the collaboration is intended to strengthen HUI’s execution capability, support its engagement with the Saudi Investment Recycling Company, and position the company to scale waste-to-hydrogen projects that align with Saudi Arabia’s Vision 2030 energy transition, circular economy and net-zero objectives, with the non-binding MoU expected to evolve into definitive project agreements over time.
The most recent analyst rating on (GB:HUI) stock is a Hold with a £3.50 price target. To see the full list of analyst forecasts on Hydrogen Utopia International PLC stock, see the GB:HUI Stock Forecast page.
Hydrogen Utopia International PLC has secured an exclusive license from InEnTec Inc. to deploy its PEM® Melter gasification technology across the Middle East and North Africa (MENA) region. This strategic move allows HUI to transition from small-scale projects to large industrial-scale infrastructure, focusing on decarbonization efforts in the steel and cement sectors. The license positions HUI as the sole operator of this technology in MENA for ten years, enabling the company to partner with third parties and deliver significant industrial projects. This partnership with InEnTec is expected to enhance HUI’s credibility, providing access to strategic partners and funding, and aligns with Saudi Arabia’s Vision 2030 for rapid deployment of waste-to-hydrogen solutions. The agreement also offers HUI flexibility to pursue projects globally, ensuring exposure to multibillion-dollar developments.
Hydrogen Utopia International PLC has announced its first institutional investor placement, raising £600,000 through the issuance of new ordinary shares and warrants. This funding will accelerate the company’s expansion in Saudi Arabia and other GCC markets, supporting the deployment of waste-to-hydrogen technologies and advancing its role in the global clean energy transition. The strategic partnership underscores the impact of HUI’s technology in converting waste into sustainable hydrogen energy, marking a significant milestone in its growth trajectory.
Hydrogen Utopia International PLC has made significant strides in its collaboration with Saudi Arabia’s Research, Development and Innovation Authority (RDIA), aligning with the Kingdom’s national objectives to localize advanced technologies. This partnership enhances HUI’s credibility and access to Saudi Arabia’s ministries, investors, and projects, facilitating smoother government engagements and potential funding opportunities. The endorsement by RDIA signifies a pivotal step for HUI in establishing a presence in Saudi Arabia’s innovation landscape, contributing to the Kingdom’s circular economy and low-carbon energy solutions. The collaboration aligns HUI’s waste-to-hydrogen technology with Saudi Arabia’s strategic framework for technological advancement, supporting the country’s Vision 2030 goals.
Hydrogen Utopia International PLC (HUI) has announced a significant advancement in its collaboration with the Saudi Investment Recycling Company (SIRC) for the deployment of InEnTec’s waste-to-hydrogen technology in Saudi Arabia. This partnership aligns with Saudi Arabia’s Vision 2030 goals, focusing on landfill diversion, hydrogen production, and industrial competitiveness. The rapid progress in discussions, facilitated by HUI’s regional lead Iman Ramani, has led to SIRC’s swift technical and commercial evaluation of the technology. The potential deployment in Saudi Arabia’s steel industry could offer a competitive edge in global markets by producing low-carbon steel, thereby supporting the Kingdom’s objectives in decarbonization and circular economy expansion.
Hydrogen Utopia International PLC (HUI) has announced the extension of its IPO Warrants, allowing investors to subscribe for 40,000,000 ordinary shares until January 2027. This move aligns with HUI’s strategic expansion into the MENA region, particularly Saudi Arabia, where the company is negotiating commercial partnerships to convert non-recyclable plastics into hydrogen fuel. The extension of the IPO Warrants is seen as a milestone that supports HUI’s growth in high-demand markets, reinforcing its commitment to clean energy innovation and sustainability goals in line with Saudi Arabia’s Vision 2030.
Hydrogen Utopia International PLC has been granted an Investment Registration Certificate by the Ministry of Investment of Saudi Arabia, allowing it to operate as a 100% foreign-owned entity in the Kingdom. This certification enables HUI to establish operations, hire personnel, and engage in projects under Saudi Arabia’s Vision 2030, which focuses on economic diversification and sustainable energy. The certificate also provides HUI access to government tenders and incentive schemes, positioning it to advance plastic waste-to-hydrogen and decarbonization projects in the region, leveraging its exclusive rights to InEnTec’s Plasma Gasification Technology.
Hydrogen Utopia International PLC has announced the delivery of 2,307,692 new ordinary shares to AlbR Capital Limited to settle outstanding professional fees. These shares, priced at 1.625p each, will be admitted to trading on the London Stock Exchange around 30 October 2025, with a requirement for board approval for any sale within a year. This move increases the company’s total ordinary shares to 405,968,607, providing a new denominator for shareholders to calculate their interests. This development reflects HUI’s strategic financial management and its commitment to maintaining transparency and regulatory compliance, potentially impacting its market positioning and stakeholder relations.
Hydrogen Utopia International PLC is refocusing on its core plastic-to-hydrogen technology, particularly in the GCC region, after a strategic shift due to a downturn in the European hydrogen market. The company is engaging with government entities and corporations in the Middle East to explore joint ventures and investment opportunities, aiming to become a key player in the hydrogen and waste-to-energy markets. This move aligns with the growing industrial demand for clean technologies in the region, driven by the expansion of the steel and cement industries. HUI has decided not to proceed with a previously announced acquisition of Ohrid Organics Ltd to concentrate on the promising hydrogen opportunities in the MENA region.