First Helium Inc. (HELI) AI Stock Analysis

• Market Cap: C$7.06M
• Dividend Yield: N/A
• Average Volume (3M): 217.41K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.93
• Revenue Growth: -96.10%
• EPS Growth: -3.58%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Chemicals
• EPS (TTM): >-0.01
• Shares Outstanding: 213,899,020
• 10 Day Avg. Volume: 128,760
• 30 Day Avg. Volume: 217,409
• PEG Ratio: 0.05
• Price to Book (P/B): 0.68
• Price to Sales (P/S): 8.18
• P/FCF Ratio: -3.99
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: C$0.03 ▼(-3.33% Downside)

The score is driven primarily by very weak financial performance (sharp revenue contraction, heavy losses, and ongoing cash burn). Technical indicators also lean bearish with price below key short-term moving averages and negative MACD. Valuation offers limited support because the company is unprofitable and has no dividend yield data.

Positive Factors

New Discoveries

The major discoveries at the Worsley Project, including helium-enriched natural gas, enhance the company's resource base, potentially leading to increased future production and revenue streams, strengthening its competitive position in the helium market.

Operational Efficiency

Efficient drilling operations at the Worsley Property demonstrate operational competence, which could lead to cost-effective resource extraction and improved margins, supporting long-term profitability and market competitiveness.

Debt-Free Balance Sheet

A debt-free balance sheet provides financial flexibility and reduces risk, allowing the company to invest in growth opportunities without the burden of interest payments, supporting sustainable long-term development.

Negative Factors

Revenue Decline

The sharp decline in revenue indicates challenges in maintaining sales and market share, which could hinder the company's ability to fund operations and growth initiatives, impacting long-term financial health.

Negative Cash Flow

Persistent negative cash flows suggest difficulties in generating sufficient cash from operations, which may necessitate reliance on external financing, potentially affecting financial stability and growth capacity.

Profitability Challenges

Negative profit margins reflect operational inefficiencies and cost management issues, which could undermine the company's ability to achieve sustainable profitability and compete effectively in the market.

First Helium Inc. Business Overview & Revenue Model

Company Description

First Helium Inc. engages in the acquisition, exploration, and evaluation of helium property interests in Alberta, Canada. It holds 100% interest in the Worsley Trend and Worsley Property located in the Worsley Trend, Northern Alberta. First Helium Inc. was incorporated in 2016 and is headquartered in Vancouver, Canada.

How the Company Makes Money

First Helium Inc. generates revenue through the exploration and development of helium-rich properties, primarily by extracting and selling helium gas to industrial and commercial customers. The company's revenue model is based on the successful identification and commercialization of helium reserves. Key revenue streams include the sale of helium produced from its wells and potential joint ventures or partnerships with other resource developers to leverage infrastructure and market access. Factors contributing to its earnings include the global demand for helium, advancements in extraction technology, and strategic partnerships that enhance operational efficiency and market reach.

First Helium Inc. Financial Statement Overview

Summary

First Helium Inc. faces significant financial challenges, with a negative growth trajectory in revenue and negative profit margins. The balance sheet shows a strong equity base with no debt but highlights potential liquidity risks due to high liabilities. Cash flow management is problematic, with negative operating and free cash flows offset by external financing.

Income Statement

The company's income statement shows significant volatility. Revenue has decreased sharply in recent periods, with a negative growth trajectory. Gross profit and net profit margins are negative, indicating ongoing profitability challenges. EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The balance sheet reflects a relatively strong equity position with no total debt in the latest period, resulting in a low debt-to-equity ratio. However, there are concerns about asset efficiency and potential liquidity risks given the high liabilities relative to cash and cash equivalents.

Cash Flow

The cash flow statement reveals negative operating and free cash flows, highlighting cash management issues. The ratio of operating cash flow to net income is not applicable due to consistent net losses. Financing activities have provided substantial cash inflows, mitigating some cash flow concerns temporarily.

Breakdown	TTM	Dec 2024	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	20.11K	1.13M	293.00K	8.22M	3.57M	0.00
Gross Profit	-629.10K	-220.74K	-46.95K	5.75M	1.30M	-1.43K
EBITDA	-6.07M	-1.87M	-2.20M	-2.90M	-396.19K	-356.31K
Net Income	-6.13M	-3.20M	-6.75M	-6.93M	-465.84K	-523.68K
Balance Sheet
Total Assets	15.62M	16.22M	16.65M	17.07M	20.31M	15.79M
Cash, Cash Equivalents and Short-Term Investments	7.47K	157.79K	834.20K	165.27K	5.53M	3.47M
Total Debt	0.00	60.63K	0.00	140.99K	0.00	2.49M
Total Liabilities	4.02M	2.59M	5.13M	2.79M	3.55M	3.89M
Stockholders Equity	11.60M	13.63M	11.52M	14.28M	16.76M	11.90M
Cash Flow
Free Cash Flow	-1.73M	-2.32M	-2.16M	-1.43M	-3.04M	-2.00M
Operating Cash Flow	-1.79M	-2.02M	-2.13M	2.82M	-493.64K	-450.11K
Investing Cash Flow	-2.86M	-252.47K	-1.43M	-12.15M	-6.55M	-1.55M
Financing Cash Flow	4.50M	2.27M	4.23M	3.96M	2.04M	12.53M

First Helium Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HELI, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.26 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:HELI.

First Helium Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CHE.UN	73 Outperform	C$1.80B	15.71	14.30%	4.73%	10.20%	-11.22%
MX	66 Neutral	C$4.85B	14.51	9.35%	1.87%	-0.65%	46.15%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
GRA	49 Neutral	C$497.11M	-43.63	-10.65%	―	-11.90%	-0.32%
CH	47 Neutral	C$30.47M	-5.76	―	―	-65.20%	12.85%
HELI	43 Neutral	C$7.06M	-1.14	-49.81%	―	-96.10%	-3.58%