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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 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 171.42K | 325.75K | 282.72K | 22.48K | 0.00 | 0.00 |
| Gross Profit | 91.27K | 325.75K | 282.72K | 22.48K | -70.31K | 0.00 |
| EBITDA | -2.55M | -2.20M | -2.49M | -7.06M | -3.71M | -364.56K |
| Net Income | -3.19M | -2.84M | -3.19M | -7.38M | -4.03M | -388.64K |
Balance Sheet | ||||||
| Total Assets | 6.93M | 6.85M | 4.25M | 4.42M | 2.81M | 139.76K |
| Cash, Cash Equivalents and Short-Term Investments | 11.79K | 452.74K | 55.12K | 0.00 | 0.00 | 796.00 |
| Total Debt | 4.42M | 4.48M | 2.64M | 2.12M | 5.33M | 576.21K |
| Total Liabilities | 7.94M | 8.21M | 5.87M | 4.48M | 7.23M | 752.87K |
| Stockholders Equity | -1.00M | -1.36M | -1.62M | -67.87K | -4.42M | -613.11K |
Cash Flow | ||||||
| Free Cash Flow | -1.70M | -1.80M | -1.64M | -4.75M | -602.46K | -27.55K |
| Operating Cash Flow | -1.49M | -1.56M | -1.51M | -3.98M | -546.26K | -27.55K |
| Investing Cash Flow | -82.05K | -87.47K | 240.44K | -1.64M | -877.88K | -104.87K |
| Financing Cash Flow | 1.42M | 2.09M | 1.36M | 5.56M | 1.42M | 133.07K |
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 |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
55 Neutral | C$402.64M | -41.70 | -9.33% | ― | -0.83% | 17.61% | |
50 Neutral | C$25.78M | -5.27 | ― | ― | -49.80% | 22.32% | |
44 Neutral | C$6.42M | ― | -51.50% | ― | -81.35% | -0.32% | |
42 Neutral | C$48.24M | -10.04 | -10.79% | ― | ― | 59.62% |
Charbone Hydrogen Corporation Corporate Events
Charbone Corporation has appointed Patrick Cuddihy as Senior Vice President of Strategic Affairs, formalizing his role after over a year of collaboration with the company’s CEO, Dave B. Gagnon. Cuddihy’s expertise has been instrumental in securing a Tier 1 strategic alliance in the United States and enhancing Charbone’s offerings in clean UHP hydrogen and industrial gases. His new role will involve supporting the executive management team and implementing strategic partnerships, furthering Charbone’s growth in Canada and the U.S.
Charbone Corporation has engaged RB Milestone Group LLC, a US-based corporate communications firm, to enhance its investor relations strategy across North America. This collaboration aims to support Charbone’s growth and expansion by leveraging RBMG’s expertise in capital markets and strategic advisory. Additionally, Charbone has updated its shares-for-debt settlement terms, reducing the amount of shares issued and settling part of its debt through common shares, subject to regulatory approval.
CHARBONE CORPORATION has commenced civil construction work at its Sorel-Tracy site in Quebec, marking a significant milestone in its plan to produce clean UHP hydrogen locally. This development is part of CHARBONE’s strategy to implement a modular model for hydrogen production, which is expected to enhance the company’s flexibility and reduce risks, thereby strengthening its position in the clean energy market.
Charbone Corporation has completed its first helium delivery to the Greater Toronto Area and signed a three-year supply agreement with an independent distributor. This marks the launch of Charbone’s Helium Division and its integration into the North American specialty industrial gases supply chain. The agreement ensures a reliable supply of helium to the Ontario market and represents a strategic step in diversifying Charbone’s product portfolio, which includes hydrogen, helium, and other gases. This move is expected to strengthen Charbone’s position in the growing global helium market, projected to expand significantly in the coming years.
Charbone Corporation has successfully received all major components of its production equipment at the Sorel-Tracy site, marking a significant milestone in its project to produce clean UHP hydrogen. This development is part of a strategic transaction that reduces capital costs and accelerates market entry by integrating proven equipment. The launch of civil works is scheduled for October 27, 2025, with commissioning expected in November, positioning Charbone as a key player in the Canadian industrial gas sector.
Charbone Corporation has announced a strategic alliance with a major U.S. industrial gas producer, enhancing its product offerings by including high-value gases like helium. This collaboration strengthens Charbone’s position in the North American market for low-carbon and ultra-high-purity gases, optimizes logistics, and creates synergies with a globally recognized partner. This partnership is a significant step in Charbone’s growth strategy, aiming to diversify revenue streams and consolidate its presence in the Canadian market. It positions Charbone to better meet the growing demand from various industrial sectors and contributes to strengthening North America’s supply chain resilience in specialty gases.
Charbone Corporation has announced the closing of a debt settlement amounting to $503,125, which will support the construction of its Sorel-Tracy plant. By issuing units comprising common shares and warrants, Charbone aims to manage its cash flow prudently and advance its production capabilities, reflecting its strategic focus on expanding its green hydrogen production network.
CHARBONE CORPORATION has signed a five-year agreement to supply clean UHP hydrogen to an Ontario-based distributor, marking a significant step in its commercial expansion. This contract not only introduces CHARBONE into the Ontario market but also strengthens its presence in Eastern Canada, setting the stage for further growth in the clean energy sector. The company’s transportation subsidiary has achieved full regulatory compliance for hydrogen handling, ensuring a safe and reliable distribution network.
CHARBONE Hydrogen Corporation has successfully completed the dismantling of hydrogen production assets in Quebec City, with the main components now relocated to Sorel-Tracy. This marks a significant step towards commissioning their first clean UHP hydrogen production unit, scheduled for November 2025. The strategic move not only accelerates market entry but also reduces capital costs by utilizing proven equipment, reinforcing CHARBONE’s vision of establishing a modular clean hydrogen network in North America.
CHARBONE Hydrogen Corporation has acquired hydrogen production and refueling assets from Harnois Énergies Inc., enabling it to accelerate clean UHP hydrogen production at its Sorel-Tracy facility by early Q4 2025. This strategic move allows CHARBONE to reduce capital costs and expedite market entry, while Harnois becomes a shareholder, highlighting the long-term strategic benefits of aligning with CHARBONE as a leading clean hydrogen supplier in Quebec.
Charbone Hydrogen Corporation announced the successful closing of its $1M non-brokered private placement, raising a total of $1.013 million, which exceeded its original target. This funding will support the re-installation of hydrogen equipment at the Sorel-Tracy site and infrastructure development, reinforcing Charbone’s strategy to deliver clean UHP hydrogen across North America and positioning the company as a key player in the low-carbon emission economy.
CHARBONE Hydrogen Corporation announced the issuance of $2 million in Convertible Replacement Debentures, receiving final approval from the TSX Venture Exchange. The proceeds will accelerate cash inflow for acquiring hydrogen production equipment, marking a strategic move to enhance its operational capabilities and industry positioning.
Charbone Hydrogen Corporation has announced the replacement of its convertible debentures with a new $2.05 million Replacement Debenture, extending the maturity date to September 2026 and adjusting the conversion price to $0.07 per share. This move is expected to provide Charbone with enhanced financial flexibility to support its acquisition of hydrogen production and refueling equipment, as well as optimize its capital structure and advance its strategic goals.
Charbone Hydrogen Corporation has announced the acquisition of hydrogen production and refueling equipment in Quebec, which will expedite the commissioning of its Sorel-Tracy facility. This strategic move, along with a $1M private placement financing, positions Charbone to produce and deliver high purity hydrogen by early Q4 2025, enhancing its operational capabilities and market presence.
Charbone Hydrogen Corporation has announced the acquisition of hydrogen production and refueling assets in Quebec, which will expedite the commissioning of its Sorel-Tracy facility. This strategic move is set to enable the company to produce and deliver high purity hydrogen in the upcoming quarter. The acquisition follows a significant non-dilutive construction capital facility, highlighting Charbone’s strengthened capital position and its ability to scale up operations. Additionally, Charbone is closing a $1 million private placement financing to support the purchase and installation of the acquired equipment, as well as infrastructure development at the Sorel-Tracy site.
Charbone Hydrogen Corporation announced its Q2 2025 financial results, highlighting a significant decrease in net loss and the first recognition of revenues from a Malaysian green hydrogen project. The company has started construction on its Sorel-Tracy facility and secured a US $50 million construction capital facility. An offtake agreement with a US Tier One industrial gases producer was also executed, positioning Charbone as a leader in green hydrogen and industrial gases distribution networks. These developments are part of Charbone’s strategic efforts to enhance its market position and drive growth in the energy transition sector.
Charbone Hydrogen Corporation has achieved significant progress at its flagship Sorel-Tracy project, completing key infrastructure connections such as electrical interconnection and water supply installation, paving the way for the start of hydrogen production. The company also announced the closing of shares for debt settlements and updates on convertible notes, reflecting its strategic financial management aimed at advancing the Sorel-Tracy project and maintaining cash prudence.