FuelPositive Corp. (TSE:NHHH)
:NHHH
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FuelPositive Corp.
(NHHH)
Select Model
Select Model
Rating:43Neutral
Price Target:
C$0.05
▼(-31.43% Downside)
Action:UpgradedDate:04/08/26
The score is primarily constrained by very weak financial performance—no revenue, ongoing losses, and continued cash burn—despite some improvement in 2025 and low leverage. Technical signals are mixed with neutral momentum but a weak longer-term trend, and valuation is also pressured by negative earnings and no dividend support.
Positive Factors
Low leverage / balance sheet flexibility
A very low debt-to-equity ratio (~0.09 in 2025) reduces near-term default risk and preserves borrowing capacity. This structural flexibility supports continued R&D, pilot deployments, or partnership financing over the next several months without immediate covenant pressure.
Negative Factors
Zero reported revenue historically
No recorded revenue indicates the business model has not yet converted technology into commercial sales. This lack of monetization is a durable constraint: until meaningful sales appear, margins, cash flow, and scalability remain unproven and financing dependence persists.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / balance sheet flexibility
A very low debt-to-equity ratio (~0.09 in 2025) reduces near-term default risk and preserves borrowing capacity. This structural flexibility supports continued R&D, pilot deployments, or partnership financing over the next several months without immediate covenant pressure.
Read all positive factors
FuelPositive Corp. (NHHH) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$27.53M
Dividend YieldN/A
Average Volume (3M)137.84K
Price to Earnings (P/E)―
Beta (1Y)1.19
Revenue GrowthN/A
EPS Growth-8.37%
CountryCA
Employees9
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)N/A
Shares Outstanding550,675,960
10 Day Avg. Volume113,552
30 Day Avg. Volume137,836
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)3.11
Price to Sales (P/S)0.00
P/FCF Ratio-65.96
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FuelPositive Corp. Business Overview & Revenue Model
Company Description
FuelPositive Corporation operates as a technology company that provides clean energy solutions. The company's clean technology solutions include green ammonia (NH3) for use in various industries and applications. Its lead product is a green ammoni...
How the Company Makes Money
FuelPositive’s specific, verified revenue model, current material revenue streams, and disclosed significant commercial partnerships are null based on the information available to me in this chat. In general terms consistent with its stated busine...
FuelPositive Corp. Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
48
Neutral
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -2.90M | -3.04M | -2.59M | -1.83M | -543.87K |
| EBITDA | -1.53M | -9.17M | -9.67M | -12.46M | -5.82M |
| Net Income | -4.70M | -19.12M | -13.18M | -13.92M | -6.61M |
Balance Sheet | |||||
| Total Assets | 11.65M | 14.91M | 27.14M | 28.84M | 32.85M |
| Cash, Cash Equivalents and Short-Term Investments | 56.62K | 55.04K | 1.87M | 2.21M | 5.26M |
| Total Debt | 1.06M | 505.74K | 142.40K | 172.80K | 260.55K |
| Total Liabilities | 3.84M | 2.43M | 805.26K | 1.29M | 1.81M |
| Stockholders Equity | 12.36M | 16.96M | 30.81M | 32.09M | 35.20M |
Cash Flow | |||||
| Free Cash Flow | -583.57K | -5.35M | -7.59M | -9.95M | -4.22M |
| Operating Cash Flow | -583.57K | -5.24M | -4.50M | -7.14M | -4.00M |
| Investing Cash Flow | -98.26K | -106.27K | -3.09M | -3.07M | -414.23K |
| Financing Cash Flow | 683.41K | 3.53M | 7.26M | 7.16M | 9.66M |
FuelPositive Corp. Technical Analysis
Positive
0.07
Price Trends
0.05
Positive
0.06
Negative
0.06
Negative
Market Momentum
>-0.01
Negative
54.52
Neutral
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NHHH, the sentiment is Positive. The current price of 0.07 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 54.52 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 Positive sentiment for TSE:NHHH.
FuelPositive Corp. Peers Comparison
UnderperformOutperform
Sector (63)
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% | |
58 Neutral | C$500.32M | 79.82 | 14.29% | ― | 46.80% | ― | |
43 Neutral | C$27.53M | -10.22 | -67.64% | ― | ― | -8.37% | |
43 Neutral | C$11.64M | -7.82 | -1552.79% | ― | 27.76% | -0.37% | |
40 Underperform | C$5.20M | -1.12 | 26.22% | ― | ― | ― | |
40 Underperform | C$3.84M | -1.85 | ― | ― | -3.93% | -27.37% |
* Industrials Sector Average
TSE:NHHH
FuelPositive Corp.
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FuelPositive Corp. Corporate Events
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
FuelPositive Regains Compliance as Financial Filings Lift Cease Trade Order
Positive
Apr 1, 2026
FuelPositive Corporation has brought its financial reporting up to date, filing audited annual results for the year ended September 30, 2025 and interim statements for the quarter ended December 31, 2025 in compliance with Canadian securities laws...
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
FuelPositive Stays on Track Under Cease Trade Order as Farm Demand for Green Ammonia Grows
Neutral
Mar 25, 2026
FuelPositive reported that it remains under a management cease trade order after delaying the filing of audited financial statements for the year ended September 30, 2025, but emphasized that the restriction only affects trading by certain insider...
Business Operations and StrategyFinancial DisclosuresProduct-Related AnnouncementsRegulatory Filings and Compliance
FuelPositive updates audit-related cease trade order as farmers’ interest in Green Ammonia grows
Neutral
Mar 11, 2026
FuelPositive Corp., a clean-tech player in decentralized Green Ammonia systems for agriculture, is developing FP300 and FP1500 units that enable large farms to produce their own low-carbon ammonia fertilizer and fuel using sustainable electricity....
Business Operations and StrategyRegulatory Filings and ComplianceShareholder Meetings
FuelPositive sets June 2026 AGM as it advances green ammonia strategy
Neutral
Mar 6, 2026
FuelPositive Corporation disclosed that it has not held an annual general meeting of shareholders since July 12, 2023, leaving it temporarily out of compliance with TSX Venture Exchange requirements. The company plans to complete its current audit...
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
FuelPositive Reassures Investors as Audit Delay Persists, Highlights Growing Farmer Interest
Neutral
Feb 25, 2026
FuelPositive Corp. has issued a bi-weekly update on the management cease trade order currently restricting trading by certain insiders after a delay in filing its audited annual financial statements and related disclosures for the fiscal year ende...
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
FuelPositive Updates on Filing Delay as Green Ammonia Commercialization Advances
Neutral
Feb 10, 2026
FuelPositive Corp., a Canadian clean-tech firm developing on-farm Green Ammonia systems for fertilizer and fuel, is advancing demonstration of its FP300 unit in Manitoba as the template for larger FP1500 commercial systems, and seeks to position C...
Financial DisclosuresRegulatory Filings and Compliance
FuelPositive Delays Annual Filings, Seeks Management Cease Trade Order
Negative
Jan 27, 2026
FuelPositive Corp. has temporarily delayed filing its audited annual financial statements, MDA, and related certifications for the fiscal year ended September 30, 2025, missing the January 28, 2026 deadline due to the timing of year-end audit proc...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.