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NXH Stock Chart & Stats
C$0.47
-C$0.02(-4.68%)
At close: 4:00 PM EDT
C$0.47
-C$0.02(-4.68%)
Day’s Range― - ―
52-Week RangeC$0.43 - C$0.98
Previous CloseN/A
Volume0.00
Average Volume (3M)5.14K
Market Cap
C$31.05M
Enterprise ValueC$37.26
Total Cash (Recent Filing)C$14.94M
Total Debt (Recent Filing)C$9.58M
Price to Earnings (P/E)―
Beta-0.64
Next Earnings
Aug 13, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.23
Shares Outstanding69,312,950
10 Day Avg. Volume4,327
30 Day Avg. Volume5,144
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)1.13
Price to Sales (P/S)4.01
P/FCF Ratio-1.56
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
Bulls Say, Bears Say
Bulls Say
Improving Unit EconomicsReported gross margin near 22% (2025 and TTM) signals the company's core electrolyzer products can generate positive unit-level margins. Durable improvement in product economics helps reduce incremental financing needs per MW, supports scalable project economics, and provides a foundation for profitability as sales normalize.
Strategic Positioning In Green HydrogenNext Hydrogen operates in the structurally growing green-hydrogen market with electrolyzer systems and related services. That business model targets industrial and energy customers seeking low-carbon hydrogen, offering durable demand tailwinds and long sales cycles that can support multi-quarter backlog and recurring aftermarket service revenue.
Moderate Leverage And Asset BaseRecent leverage (debt-to-equity ~0.69) is moderate for an early-stage industrial business and the firm retains a sizable asset base vs revenue. This provides short-to-medium-term operating runway and collateral for financing, lowering immediate solvency risk and enabling continued product development and project execution while revenue ramps.
Bears Say
Persistent Cash BurnSustained negative operating cash flow (TTM ≈ -8.4M) and deeply negative free cash flow (TTM ≈ -9.4M) mean the company is not self-funding operations. Over a 2–6 month horizon this creates a high reliance on external capital, raising dilution and refinancing risk and constraining R&D, sales expansion, and project delivery capacity.
Revenue Collapse And VolatilityA ~-90.6% TTM revenue decline versus the prior annual period indicates extreme volatility and a fragile top line. With revenue currently too small to absorb fixed costs, the firm cannot reliably scale SG&A or production. Restoring sustainable, predictable sales is a precondition for leveraging positive unit margins and reducing cash burn.
Large Operating Losses And Prior Equity ErosionVery large TTM operating and net losses (EBIT ~-201%, net margin ~-224%) and prior negative equity in 2024 show capital erosion and structural unprofitability. These conditions undermine balance-sheet resilience, limit access to favorable financing, and increase the likelihood of further dilution unless operating performance and cash generation materially improve.
Next Hydrogen Solutions Inc News
NXH FAQ
What was Next Hydrogen Solutions Inc’s price range in the past 12 months?
Next Hydrogen Solutions Inc lowest stock price was C$0.43 and its highest was C$0.98 in the past 12 months.
What is Next Hydrogen Solutions Inc’s market cap?
Next Hydrogen Solutions Inc’s market cap is C$31.05M.
When is Next Hydrogen Solutions Inc’s upcoming earnings report date?
Next Hydrogen Solutions Inc’s upcoming earnings report date is Aug 13, 2026 which is today.
How were Next Hydrogen Solutions Inc’s earnings last quarter?
Currently, no data Available
Is Next Hydrogen Solutions Inc overvalued?
According to Wall Street analysts Next Hydrogen Solutions Inc’s price is currently Overvalued.
Does Next Hydrogen Solutions Inc pay dividends?
Next Hydrogen Solutions Inc does not currently pay dividends.
What is Next Hydrogen Solutions Inc’s EPS estimate?
Next Hydrogen Solutions Inc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Next Hydrogen Solutions Inc have?
Next Hydrogen Solutions Inc has 69,312,950 shares outstanding.
What happened to Next Hydrogen Solutions Inc’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Next Hydrogen Solutions Inc?
Currently, no hedge funds are holding shares in TSE:NXH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Next Hydrogen Solutions Inc
Next Hydrogen Solutions Inc. develops, produces, and markets advanced electrolysis systems that convert water and electricity into clean hydrogen for energy applications. The company provides commercial-scale technologies designed to aid the decarbonization efforts of both the transportation and industrial sectors. Established in 2007, its headquarters are located in Mississauga, Canada.
Technical Analysis
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