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Charbone Hydrogen Corporation
(CH)
Charbone Hydrogen Corporation (CH) vs. iShares MSCI Canada ETF (EWC)
Charbone Hydrogen Corporation Business Overview & Revenue Model
Charbone Hydrogen Corporation Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 331.27K | 282.72K | 22.48K | 0.00 | 0.00 | 0.00 | Gross Profit |
| 61.77K | 282.72K | 22.48K | -70.31K | 0.00 | 0.00 | EBIT |
| -2.76M | -3.04M | -4.33M | -2.16M | -345.10K | -222.82K | EBITDA |
| -2.13M | -2.49M | -7.06M | -3.71M | 0.00 | 0.00 | Net Income Common Stockholders |
| -2.87M | -3.19M | -7.38M | -4.03M | -388.64K | -224.78K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 0.00 | 55.12K | 0.00 | 0.00 | 796.00 | 140.00 | Total Assets |
| 4.42M | 4.25M | 4.42M | 2.81M | 139.76K | 56.26K | Total Debt |
| 2.12M | 2.64M | 2.12M | 5.33M | 576.21K | 221.90K | Net Debt |
| 2.12M | 2.59M | 2.12M | 5.33M | 575.41K | 221.76K | Total Liabilities |
| 4.48M | 5.87M | 4.48M | 7.23M | 752.87K | 280.85K | Stockholders Equity |
| -67.87K | -1.62M | -67.87K | -4.42M | -613.11K | -224.59K |
| Cash Flow | Free Cash Flow | ||||
| -1.75M | -1.64M | -4.75M | -602.46K | -27.55K | -188.19K | Operating Cash Flow |
| -1.74M | -1.51M | -3.98M | -546.26K | -27.55K | -188.19K | Investing Cash Flow |
| -25.69K | 240.44K | -1.64M | -877.88K | -104.87K | -55.92K | Financing Cash Flow |
| 1.77M | 1.36M | 5.61M | 1.42M | 133.07K | 244.25K |
Charbone Hydrogen Corporation Technical Analysis
Charbone Hydrogen Corporation Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
57 Neutral | $7.14B | 3.09 | -4.49% | 5.67% | 0.82% | -49.15% | |
47 Neutral | C$400.93M | ― | -9.30% | ― | 8.13% | 13.57% | |
45 Neutral | C$10.17M | ― | 142.15% | ― | -20.87% | 27.29% | |
44 Neutral | C$4.28M | ― | -19.36% | ― | -71.68% | 78.98% | |
42 Neutral | C$68.23M | ― | -30.15% | ― | ― | -59.60% |
Charbone Hydrogen Corporation Corporate Events
CHARBONE Hydrogen Corporation has secured a USD 50 million financing deal facilitated by US Capital Global to expand its modular green hydrogen facilities in North America. This financing, provided by True Green Capital Management, marks a significant milestone in CHARBONE’s growth strategy, enhancing its position in the clean hydrogen market and supporting its efforts to meet the growing demand for decarbonization solutions across industrial sectors.
Charbone Hydrogen Corporation has announced the closing of a debt financing deal amounting to $1.3 million through the issuance of units. This strategic move involves settling payables with suppliers by issuing units comprising common shares and purchase warrants, which is expected to advance production for its Sorel-Tracy project and manage cash flow effectively. The transaction reflects Charbone’s commitment to prudent financial management and its strategic focus on expanding its green hydrogen production capabilities.
Charbone Hydrogen Corporation has announced its Q1 2025 financial results, highlighting a decrease in negative cash flows and revenue due to temporary service reductions. The company has secured necessary permits for its Sorel-Tracy facility, signed a term sheet for a $50 million construction capital facility, and executed an offtake agreement with a US Tier One industrial gases producer. These developments position Charbone to become a leader in green hydrogen and industrial gases distribution, underscoring its commitment to the energy transition.
CHARBONE Hydrogen Corporation announced several corporate updates following its Annual General and Extraordinary Meeting of Shareholders. Key resolutions approved include the election of directors, appointment of Richter LLP as the new external auditor, confirmation of the stock option plan, and settlement of remuneration debts through the issuance of common shares. Additionally, the company plans a corporate name change to Charbone Corporation. Insider investments were also highlighted, with the CFO exercising warrants and a board member purchasing shares, signaling confidence in the company’s strategic direction.
CHARBONE Hydrogen Corporation announced the signing of a non-binding term sheet for a USD 50 million construction capital facility with an international renewable energy infrastructure fund manager. This financing is expected to support CHARBONE’s deployment strategy, enhancing its operational capabilities and market positioning as North America’s only publicly traded pure-play green hydrogen company.
Charbone Hydrogen Corporation reported a 15% increase in revenue for 2024, alongside a significant reduction in spending. The company is on track to commence green hydrogen production at its Sorel-Tracy facility in 2025, having secured all necessary permits and completed interconnection with Hydro-Québec. Charbone’s financial management and strategic partnerships are positioning it as a leader in the energy transition, with ongoing talks to support its growth potential.
CHARBONE Hydrogen Corporation has signed Commercial Supply Agreements with a Tier 1 US industrial gas producer, enabling it to access hydrogen volumes ahead of its own production and expand its offerings to include other industrial gases like helium. These agreements allow CHARBONE to diversify revenue streams, enhance its logistics capabilities, and better serve a growing customer base, reinforcing its market position in the North American industrial gas sector. The collaboration is expected to generate new revenue streams and solidify CHARBONE’s leadership in the hydrogen market, particularly in Canada, by addressing the scarcity of dependable industrial gas suppliers.
Charbone Hydrogen Corporation has signed a Memorandum of Understanding with ABB to develop up to 15 modular and scalable green hydrogen production facilities across North America over the next five years. This collaboration supports the Québec government’s 2030 energy roadmap and positions ABB as the preferred supplier for electrical substations, enhancing Charbone’s efforts to decarbonize industries by replacing grey hydrogen with green hydrogen.