First Hydrogen Corp.

First Hydrogen Corp.

FHYDF
First Hydrogen Corp.US flagOther OTC
0.27
USD
- -
- -
21.95MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
- -
- -
0.01
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
-0.02
-0.06
-0.18
-0.23
-0.16
-0.07
- -
-0.04
Free Cash Flow per Basic Share
- -
-0.01
-0.05
-0.14
-0.22
-0.13
-0.02
- -
-0.02
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.01
0.01
0.03
0.02
0.02
-0.03
-0.08
-0.06
-0.06
Tangible Book Value per Share
0.01
0.01
0.03
- -
- -
-0.04
-0.09
-0.07
-0.07
Basic Weighted Avg Shares
38
38
38
50
61
70
73
- -
75
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
-813.43
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
-1
-2
-9
-14
-11
-5
-3
-3
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
-814.61
- -
- -
- -
- -
- -
- -
Working Capital
- -
1
1
1
- -
-1
-6
-4
-4
LT Debt
- -
- -
- -
1
- -
2
- -
2
2
Total Equity
- -
1
1
1
1
-2
-6
-5
-5
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-129.87
-303.64
-797.14
-1,253.8
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
4
1
1
LT Borrowings
- -
2
2
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
75
76
81
Market Capitalization
34
28
32

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
- -
- -
1
Cash, Cash Equivalents & STI
- -
- -
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
7
5
5
Payables & Accruals
4
3
4
ST Debt
4
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-28.76%
-13.14%
Free Cash Flow
- -
49.6%
-19.9%
Net Income, GAAP
- -
38.88%
-47.35%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
-0.05
-0.03
- -
-0.16
2025
-0.02
-0.02
-0.01
- -
-0.07
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Balraj S. Mann
Full Time Employees
49
Sector
Consumer Cyclical
Industry
Auto - Manufacturers
Address
1100 Melville Street Vancouver BC Canada V6E 4A6
IPO Date
Nov 19, 2020
Business
First Hydrogen Corp. (FHYDF) develops and supplies green hydrogen and fuel cell technologies for heavy-duty mobility applications. The company offers hydrogen fuel cell electric vehicles, including transit buses and heavy-duty trucks under development; proprietary hydrogen production systems utilizing saltwater electrolysis technology; and related services such as fuel cell stack manufacturing, hydrogen refueling infrastructure, and technology licensing. First Hydrogen operates primarily in Canada and the United Kingdom, with demonstration projects and partnerships focused on North American and European markets; it targets public transit authorities, fleet operators, and industrial users seeking zero-emission alternatives to diesel vehicles. Founded in 2020 and headquartered in Vancouver, Canada, the company maintains a lean structure with no major subsidiaries or parent entities reported. Recent developments include a strategic partnership with Hyperion Motors in 2024 to co-develop next-generation fuel cell engines for trucks, enhancing power density and efficiency; a demonstration project award from the UK Department for Transport in late 2024 for hydrogen fuel cell range-extender trucks; and ongoing progress toward commercial validation of its saltwater electrolyzer technology, with prototypes tested in 2025 partnerships across Canada and the UK.

Company News

  • First Hydrogen Agreement for Mobile AI-Driven Robotic Ground Drone Platform

  • First Hydrogen Advances AI-Enabled Defence and Counter-Drone Capabilities for Autonomous UGV Platform

  • First Hydrogen Provides Update on Binding Letter of Intent with Robotics Company Covering Its Actuation Gearbox and High-Performance Motor Lines

  • First Hydrogen Completes Design and IP Protection for Major Performance and Efficiency Optimization Including Amphibous Capabilities to Its Ground Drone Technology Platform

  • First Hydrogen Adds Mobile AI-Driven Robotic Ground Drone Platform

  • Savage and Symbio North America announce the commissioning of the first hydrogen-electric fuel cell truck for drayage

  • First Hydrogen Enters into Binding Letter of Intent with Robotics Company

  • First Hydrogen Corporate Overview and Beyond

  • Charbone Hydrogen produces first hydrogen at Sorel-Tracy facility

  • First Hydrogen Launches SMR Technical Research with the University of Alberta to Select Molten-Salt Nuclear Fuel for SMRs

  • First Hydrogen Welcomes European Commission's Launch of Hydrogen Mechanism and New H2 Matchmaking Platform

  • First Hydrogen Expands SMR Design Collaboration with Renewable Thermal Laboratory at the University of Alberta to Advance Nuclear SMR Technology

  • First Hydrogen Corp. Provides Update on Canada Postal Negotiations and Voting at the Company's 2025 Annual General Meeting

  • First Hydrogen Announces Strategic Collaboration with Renewable Thermal Laboratory at the University of Alberta to Advance Nuclear SMR Technology

  • Cavendish Hydrogen Delivers Its First Hydrogen Fueling Station in Canada to HTEC

  • First Hydrogen Launches First Nuclear to Advance Clean Energy With SMRs

  • First Hydrogen Establishes First Hydrogen GmbH

  • First Hydrogen(TM) Explores Small Modular Reactors (SMRs) for Green Hydrogen Production

  • First Hydrogen Corporate Update

  • Yamaha, Roush and Regulator Marine Make Waves During 2024 SEMA Show® with World's First Hydrogen-Powered Outboard