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Next Hydrogen Solutions Inc
(NXH)
Next Hydrogen Solutions Inc (NXH) vs. iShares MSCI Canada ETF (EWC)
Next Hydrogen Solutions Inc Business Overview & Revenue Model
Next Hydrogen Solutions Inc Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.36M | 951.91K | 721.59K | 177.59K | 1.77K |
| Gross Profit | -334.35K | -288.79K | -712.06K | 95.35K | 1.77K |
| EBITDA | -13.46M | -10.91M | -13.32M | -25.98M | 488.15K |
| Net Income | -14.60M | -12.01M | -14.28M | -25.01M | 423.31K |
Balance Sheet | |||||
| Total Assets | 15.46M | 25.44M | 33.73M | 48.06M | 2.52M |
| Cash, Cash Equivalents and Short-Term Investments | 3.59M | 10.91M | 22.08M | 39.20M | 1.82M |
| Total Debt | 4.68M | 1.83M | 2.04M | 2.24M | 5.26M |
| Total Liabilities | 16.83M | 12.84M | 9.82M | 10.26M | 32.09K |
| Stockholders Equity | -1.37M | 12.61M | 23.91M | 37.79M | 2.49M |
Cash Flow | |||||
| Free Cash Flow | -10.69M | -10.75M | -16.67M | -13.67M | -84.75K |
| Operating Cash Flow | -10.00M | -8.22M | -12.64M | -12.55M | -83.70K |
| Investing Cash Flow | -678.04K | -2.53M | -4.04M | -1.55M | -344.25K |
| Financing Cash Flow | 3.35M | -425.68K | -440.47K | 52.21M | 4.78M |
Next Hydrogen Solutions Inc Technical Analysis
Next Hydrogen Solutions Inc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
54 Neutral | C$4.15B | 0.97 | 16.40% | 5.23% | 10.45% | -57.37% | |
53 Neutral | C$66.08M | ― | -1898.77% | ― | 15.28% | -24.76% | |
41 Neutral | C$59.07M | ― | -5701.32% | ― | 0.58% | 45.10% | |
41 Neutral | C$10.77M | ― | -525.98% | ― | -57.69% | 4.44% | |
| ― | $582.66M | ― | -38.04% | ― | ― | ― |
Next Hydrogen Solutions Inc Corporate Events
Next Hydrogen Solutions Inc. announced its Q2 2025 financial results, highlighting significant achievements despite financial challenges. The company validated its Canadian-designed electrolyzer technology, achieving higher hydrogen output per cell compared to conventional designs. Recent milestones include the operation of a major clean hydrogen fueling station in Ontario and collaborations to use hydrogen in aviation. Financially, the company has secured loans and debt facilities to support its operations and scale-up efforts.
The most recent analyst rating on (TSE:NXH) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Next Hydrogen Solutions Inc stock, see the TSE:NXH Stock Forecast page.
Next Hydrogen Solutions Inc. has successfully launched Ontario’s largest onsite clean hydrogen fueling station at a distribution center, marking a significant milestone in the company’s operations. This development showcases Next Hydrogen’s innovative electrolyzer technology, which is expected to advance large-scale, low-cost green hydrogen production, thereby strengthening its position in the clean energy industry and offering potential benefits to stakeholders involved in the decarbonization of transportation and industrial sectors.
The most recent analyst rating on (TSE:NXH) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Next Hydrogen Solutions Inc stock, see the TSE:NXH Stock Forecast page.
Next Hydrogen Solutions Inc. has announced a $1.5 million loan agreement, including $530,000 from its directors and officers and a $1 million loan from a commercial lender. The funds will be used to maintain operations and explore long-term financial strategies, highlighting the company’s commitment to sustaining its workforce and operations amid financial evaluations. The issuance of shares as part of the loan agreement is subject to regulatory approvals, and the participation of insiders in the loan constitutes a related party transaction under applicable regulations.
The most recent analyst rating on (TSE:NXH) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Next Hydrogen Solutions Inc stock, see the TSE:NXH Stock Forecast page.
Next Hydrogen Solutions Inc. announced the successful results of its annual general meeting of shareholders, where all proposed matters were approved, including the election of seven directors and the appointment of KPMG LLP as auditors. This approval supports the company’s ongoing efforts to scale its technology and strengthen its position in the clean hydrogen industry, potentially impacting its stakeholders positively.
The most recent analyst rating on (TSE:NXH) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Next Hydrogen Solutions Inc stock, see the TSE:NXH Stock Forecast page.
Next Hydrogen Solutions Inc. announced that its Chief Operating Officer, James Franchville, will transition to a consulting role as he relocates permanently to the U.S. Franchville has significantly contributed to the company by implementing lean processes and disciplined manufacturing practices. His transition is seen as a strategic move that aligns with the company’s established scalable manufacturing processes and strong technology foundation, positioning Next Hydrogen as a potential global leader in electrolysis.
The most recent analyst rating on (TSE:NXH) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Next Hydrogen Solutions Inc stock, see the TSE:NXH Stock Forecast page.
Next Hydrogen Solutions Inc. reported its Q1 2025 financial results, highlighting a decrease in cash balance and revenue compared to the previous year. Despite these financial challenges, the company has made significant strides in its operations, including securing a $5M working capital debt facility from Export Development Canada, achieving over 40,000 hours of data on its test platform, and forming a strategic partnership to enhance its manufacturing capacity. Additionally, the company received important ISO certifications and made key appointments to its board, positioning itself for future growth in the green hydrogen sector.
The most recent analyst rating on (TSE:NXH) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Next Hydrogen Solutions Inc stock, see the TSE:NXH Stock Forecast page.