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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 |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | £554.93M | -15.62 | -23.26% | ― | 12.58% | 12.39% | |
51 Neutral | £126.21M | -4.86 | -86.37% | ― | 732.03% | 12.60% | |
47 Neutral | £23.85M | -0.87 | -113.32% | ― | ― | ― | |
44 Neutral | £12.76M | -36.88 | -20.52% | ― | ― | ― | |
44 Neutral | £383.39M | -12.44 | -18.47% | ― | 57.73% | -67.12% | |
41 Neutral | £20.57M | -3.54 | -87.07% | ― | 3.87% | -160.00% |
Hydrogen Utopia International PLC Corporate Events
Hydrogen Utopia International PLC has signed a Memorandum of Understanding with Saudi Investment Recycling Company, a subsidiary of Saudi Arabia’s Public Investment Fund, to collaborate on waste-to-hydrogen and sustainable aviation fuel projects across the Kingdom. The partnership, formalised during IFAT Saudi Arabia 2026, will focus on deploying InEnTec’s Plasma Enhanced Melter technology to convert non-recyclable plastic waste into syngas as a feedstock for hydrogen and SAF, potentially leading to commercial-scale facilities that support aviation decarbonisation and Saudi Vision 2030. Under the agreement, HUI will provide the technology and project development expertise, while SIRC will secure waste feedstocks, assist with regulation and site selection, with support from Saudi Arabia’s Research, Development and Innovation Authority seen as instrumental in establishing HUI’s presence in the country. The MOU is positioned as an early step toward a full SAF business plan and could significantly strengthen HUI’s position in the MENA region as an exclusive licensee of the PEM technology, while deepening UK–Saudi cooperation in circular-economy and net-zero initiatives.
The most recent analyst rating on (GB:HUI) stock is a Hold with a £3.00 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 has identified a major opportunity to use InEnTec’s technology to boost hydrogen content in syngas for producing sustainable aviation fuel (SAF) and other hydrogen-derived fuels such as diesel, with an initial strategic focus on the MENA region and particularly Saudi Arabia. Because SAF plants using this process would not need to be tied to steel or cement sites, HUI sees the potential for much wider deployment across the region, supported by early financial modelling that points to large-scale projects in KSA requiring about US$800 million per facility and potentially delivering internal rates of return in the high teens, with HUI or its local subsidiary holding a 10–20% free-carry equity stake and earning management fees from the FEED stage. The company is positioning itself as a key enabler of SAF growth in a market where supply is constrained, but demand is forecast to grow at more than 40% annually through the 2030s due to airline decarbonisation mandates and airport low-carbon fuel requirements, arguing that integrated hydrogen production from plastic waste can help make projects bankable and mitigate the looming global SAF shortage while shifting its own business from local hydrogen pilots to large-scale international aviation infrastructure.
The most recent analyst rating on (GB:HUI) stock is a Hold with a £3.00 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 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.