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Charbone Hydrogen Corporation
(CH)
Charbone Hydrogen Corporation (CH) vs. S&P 500 (SPY)
Charbone Hydrogen Corporation Business Overview & Revenue Model
Charbone Hydrogen Corporation Financial Statement Overview
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 282.72K | 22.48K | 0.00 | 0.00 | 0.00 | Gross Profit |
| 282.72K | 22.48K | -70.31K | 0.00 | 0.00 | EBIT |
| -3.04M | -4.33M | -2.16M | -345.10K | -222.82K | EBITDA |
| -2.49M | -7.06M | -3.71M | 0.00 | 0.00 | Net Income Common Stockholders |
| -3.19M | -7.38M | -4.03M | -388.64K | -224.78K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 55.12K | 0.00 | 0.00 | 796.00 | 140.00 | Total Assets |
| 4.25M | 4.42M | 2.81M | 139.76K | 56.26K | Total Debt |
| 2.64M | 2.12M | 5.33M | 576.21K | 221.90K | Net Debt |
| 2.59M | 2.12M | 5.33M | 575.41K | 221.76K | Total Liabilities |
| 5.87M | 4.48M | 7.23M | 752.87K | 280.85K | Stockholders Equity |
| -1.62M | -67.87K | -4.42M | -613.11K | -224.59K |
| Cash Flow | Free Cash Flow | |||
| -1.64M | -4.75M | -602.46K | -27.55K | -188.19K | Operating Cash Flow |
| -1.51M | -3.98M | -546.26K | -27.55K | -188.19K | Investing Cash Flow |
| 240.44K | -1.64M | -877.88K | -104.87K | -55.92K | Financing Cash Flow |
| 1.36M | 5.61M | 1.42M | 133.07K | 244.25K |
Charbone Hydrogen Corporation Technical Analysis
Charbone Hydrogen Corporation Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $4.92B | 18.27 | 6.48% | 6.38% | 5.08% | ― | |
72 Outperform | C$32.38B | 12.20 | 12.45% | 4.53% | -7.62% | 25.47% | |
58 Neutral | C$14.12M | ― | -5.60% | ― | -10.37% | 95.22% | |
55 Neutral | $7.10B | 3.56 | -6.61% | 5.99% | -0.03% | -51.61% | |
50 Neutral | $506.43M | ― | -38.88% | ― | -30.80% | -84.41% | |
42 Neutral | C$6.78M | ― | 142.15% | ― | 40.87% | 49.04% | |
40 Underperform | C$73.68M | ― | 2492.91% | ― | 258.52% | -4.87% |
Charbone Hydrogen Corporation Corporate Events
Charbone Hydrogen Corporation announced a 30-day extension for its private placement financing of up to US$6 million in unsecured convertible debt, following significant interest and advanced discussions with US investors. The extension allows the company to finalize these discussions and potentially increase its funding, which could strengthen its position in the green hydrogen market. Additionally, Charbone has announced its 2023 Annual General and Extraordinary Meeting of Shareholders scheduled for March 28, 2025, with further details to be communicated to shareholders.
Charbone Hydrogen Corporation announced that its Sorel-Tracy flagship project will be connected to the grid by March 4, 2025, allowing the commencement of green hydrogen production. This significant milestone, achieved in collaboration with Hydro-Quebec, marks an important step in Charbone’s mission to expand its green hydrogen facilities across North America. Additionally, Daniel Charette, the company’s COO, has been appointed President of the Hydrogen Quebec Association, positioning him to further advocate for hydrogen energy in Quebec and Canada.
Charbone Hydrogen Corporation has announced a temporary service disruption at its Wolf River hydropower plant due to an equipment failure. While the company addresses this issue, it remains committed to selling its hydroelectric assets to gather resources for expanding its green hydrogen production portfolio. This strategic shift is part of Charbone’s long-term plan to enhance its position in the green hydrogen industry by focusing on the construction of its Sorel-Tracy facility and deployment of additional hydrogen plants.
Charbone Hydrogen Corporation has extended the deadline for its US$6 million convertible debt offering until February 3, 2025, due to continued investor interest and holiday timing. The offering is an unsecured convertible note with a 12% annual interest rate, maturing in December 2027. Additionally, the company raised an extra $133,500 through warrant exercises by the end of December 2024.
Charbone Hydrogen Corporation has secured $371,150 from warrant exercises and has announced plans to extend the expiry date and reduce the exercise price of nearly 10 million warrants. Additionally, the company has granted 1,750,000 common share purchase options to its team and consultants, offering an investment opportunity at $0.15 per share.
Charbone Hydrogen Corporation has secured $2.1 million CAD in convertible notes to advance the construction of two green hydrogen facilities in Quebec and Michigan. The funding will support the imminent start of operations in Sorel-Tracy and plans for a wider network of 16 facilities across North America by 2030. This move solidifies Charbone’s leadership in the green hydrogen market, aiming for near-term revenue and shareholder value.
Charbone Hydrogen Corporation has successfully completed its $1 million non-brokered private placement, closing the third and final tranche with an additional $0.193 million raised. This funding will advance their flagship green hydrogen facility in Sorel-Tracy, Quebec, positioning Charbone as a leader in the North American green hydrogen market. The company aims to develop a network of 16 production facilities across the continent by 2030.
Charbone Hydrogen Corporation has successfully secured $0.818M in its second closing of a $1M private placement to advance its green hydrogen production facility in Sorel-Tracy, Quebec. This funding will accelerate the completion of the facility, positioning Charbone as a leader in green hydrogen production in North America. The company plans to establish a network of 16 hydrogen facilities by 2030.
Charbone Hydrogen Corporation reported a robust 23% increase in revenue for the third quarter of 2024, alongside significant strides in its green hydrogen production plans. The company has secured all necessary permits and completed performance testing for its Sorel-Tracy facility, setting the stage for production to begin in early 2025.
Charbone Hydrogen Corporation has secured $0.7 million through a non-brokered private placement to accelerate the completion of its flagship green hydrogen facility in Sorel-Tracy, Quebec. This facility is set to commence operations in the coming weeks, positioning Charbone as a leader in North America’s green hydrogen market. The company aims to expand its network to 16 facilities across North America by 2030.