FuelPositive Corp. (NHHH) AI Stock Analysis

• Market Cap: C$38.55M
• Dividend Yield: N/A
• Average Volume (3M): 432.49K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.69
• Revenue Growth: N/A
• EPS Growth: -0.95%
• Country: CA
• Employees: 9
• Sector: Energy
• Sector Strength: 45
• Industry: Electrical Equipment & Parts
• EPS (TTM): >-0.01
• Shares Outstanding: 550,675,960
• 10 Day Avg. Volume: 474,981
• 30 Day Avg. Volume: 432,493
• PEG Ratio: -0.24
• Price to Book (P/B): 2.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -17.84
• 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

• Rating: 35 Underperform
• Price Target: ―

FuelPositive Corp. faces substantial financial difficulties with no revenue and a high cash burn rate, significantly impacting its overall score. Technical indicators are mixed, with neutral momentum but potential overbought conditions. The valuation is poor due to negative earnings and no dividends, further lowering the score. Overall, the stock presents high risks with limited upside potential in its current financial state.

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 ammonia production system that takes air, water, and electricity to produce a non-polluting chemical for various applications, including fertilizer for farming, a fuel for grain drying, a fuel for internal combustion engines, and a solution for grid storage. The company was formerly known as EEStor Corporation and changed its name to FuelPositive Corporation in February 2021. FuelPositive Corporation was founded in 2000 and is headquartered in Toronto, Canada.

How the Company Makes Money

FuelPositive Corp. generates revenue primarily through the sale and leasing of its green ammonia production systems. By offering a modular approach, the company provides flexibility to customers in agriculture and industrial sectors to produce green ammonia on-site, reducing transportation costs and emissions associated with conventional ammonia production. Additionally, the company may form strategic partnerships with businesses and governments focused on sustainability to expand its market reach and secure long-term contracts, which contribute to its earnings. Revenue may also be supplemented through licensing agreements for their technology, allowing other companies to deploy FuelPositive's solutions under specific terms.

FuelPositive Corp. Financial Statement Overview

Summary

Overall, FuelPositive Corp. is facing significant financial challenges with no revenue generation, increasing losses, and cash burn. While the company maintains a manageable debt level, the declining equity and negative cash flows highlight potential risks in sustainability and financial health.

Income Statement

FuelPositive Corp. has consistently reported zero revenue over the periods, leading to negative gross profit and net income. The company exhibits no revenue growth, and all margin metrics are negative due to the lack of sales, indicating significant challenges in profitability and revenue generation.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio but a declining stockholders' equity over time, which reduces financial stability. The equity ratio remains healthy but has been decreasing, signaling potential risks in asset management.

Cash Flow

FuelPositive Corp. has negative operating and free cash flows, indicating significant cash burn. The company has managed to secure financing, but the operating cash flow to net income ratio is unfavorable, showing inefficiencies in converting income to cash.

Breakdown	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	-2.59M	-1.83M	-543.87K	-269.47K
EBITDA	-9.17M	-9.67M	-12.46M	-5.82M	-1.15M
Net Income	-19.12M	-13.18M	-13.92M	-6.61M	-1.25M
Balance Sheet
Total Assets	14.91M	27.14M	28.84M	32.85M	15.06M
Cash, Cash Equivalents and Short-Term Investments	55.04K	1.87M	2.21M	5.26M	10.46K
Total Debt	505.74K	142.40K	172.80K	260.55K	659.17K
Total Liabilities	2.43M	805.26K	1.29M	1.81M	1.71M
Stockholders Equity	16.96M	30.81M	32.09M	35.20M	17.72M
Cash Flow
Free Cash Flow	-5.35M	-7.59M	-9.95M	-4.22M	-250.60K
Operating Cash Flow	-5.24M	-4.50M	-7.14M	-4.00M	-249.81K
Investing Cash Flow	-106.27K	-3.09M	-3.07M	-414.23K	-798.00
Financing Cash Flow	3.53M	7.26M	7.16M	9.66M	257.95K

FuelPositive Corp. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NHHH, the sentiment is Neutral. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.05, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.84 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:NHHH.

FuelPositive Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	67 Neutral	$15.28B	9.73	6.25%	5.18%	4.49%	-71.88%
LPS	47 Neutral	C$16.31M	―	-200.00%	―	177.07%	29.71%
BES	41 Neutral	C$4.96M	―	-1239.25%	―	-7.76%	-2.15%
NHHH	35 Underperform	C$38.55M	―	-70.10%	―	―	-0.95%
EGT	―	C$3.39M	―		―	―	―
EXROF	―	$27.26M	―	-3009.52%	―	―	―
ZAIRF	―	$1.47M	―		―	―	―

FuelPositive Corp. Corporate Events

FuelPositive Faces Temporary Regulatory Challenge Amidst Progress in Green Ammonia Commercialization

FuelPositive Corporation announced it has missed the filing deadline for its annual financial statements due to a restructuring of its financial team and delays from a third-party accounting firm, resulting in a Cease Trade Order from the Ontario Securities Commission. Despite this, the company remains operational and is progressing towards the commercialization of its Green Ammonia technology, with significant developments in Manitoba aimed at enhancing the agricultural industry’s sustainability and energy independence.