H2 Core AG

H2 Core AG

0.06
EUR
+0.00
(+3.33%)
1.73MMarket Cap
Mar 03Next Earn
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
36.64
41.73
38.32
37.13
43.88
0.44
2.85
0.01
0.01
- -
- -
0.02
0.05
- -
Basic EPS, GAAP
-2.63
-1.01
-69.72
-22.46
-15.78
-9.61
28.76
-0.6
-0.24
-0.05
0.02
-0.06
-0.2
- -
Free Cash Flow per Basic Share
6.15
23.36
18.01
15.91
16.17
3.8
-1.08
-0.65
-0.55
-0.11
-0.17
-0.2
0.04
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
99.18
96.28
22.42
2.58
-6.56
- -
1.5
0.9
0.66
0.61
0.63
0.57
0.37
-37.66
Tangible Book Value per Share
99.18
96.28
22.42
2.58
-6.56
- -
1.5
0.9
0.66
0.61
0.63
0.57
0.37
-37.66
Basic Weighted Avg Shares
2
2
2
2
2
2
2
2
2
2
2
2
2
1
Sales/Revenue/Turnover
55
63
58
56
66
1
4
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
22.24
24.46
15.29
19.33
19.47
-2,440.37
999.07
-7,181.4
-1,584.49
207.48
3,987.6
4.75
-340.14
- -
Depreciation Expense
25
28
124
49
43
19
2
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-4
-2
-105
-34
-24
-14
43
-1
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-7.17
-2.41
-181.93
-60.49
-35.97
-2,175.7
1,010.87
-7,242.46
-1,905.44
-1,078.27
1,449.88
-251.59
-374.48
- -
Working Capital
-138
-125
1
2
-191
-3
3
1
1
1
1
1
1
-57
LT Debt
110
91
191
204
16
11
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
149
144
34
4
-10
- -
2
1
1
1
1
1
1
-57
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-2.66
-1.03
-117.48
-179.7
- -
- -
3,834.16
-50.34
-30.41
-8.28
3.13
-9.73
-42.87
- -

Capital Structure

EUR

•

in mil. unless spec.
Sep'16
Dec'16
Jun'17
ST Debt
190
199
111
LT Borrowings
12
11
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
2
2
Market Capitalization
1
1
2

Working Capital

EUR

•

in mil. unless spec.
Sep'16
Dec'16
Jun'17
Total Current Assets
15
3
62
Cash, Cash Equivalents & STI
11
8
58
Accounts Receivable, Net
1
- -
2
Inventories
1
1
1
Total Current Liabilities
197
6
119
Payables & Accruals
- -
- -
- -
ST Debt
190
199
111
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-15.15%
-35.31%
Free Cash Flow
-39.9%
-28.83%
-117.87%
Net Income, GAAP
-106.94%
-86.25%
245.21%
Sales/Revenue/Turnover
204.31%
336.49%
131.92%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
- -
2022
- -
- -
- -
2023
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
0.02
2022
- -
- -
-0.06
2023
- -
- -
-0.2

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
- -
2022
- -
- -
- -
2023
- -
- -
- -

Company Description

CEO
Hansjörg Plaggemars
Sector
Producer manufacturing
Industry
Electrical products
Address
Heide Germany
IPO Date
Nov 28, 2006
Website
h2core.com
Business
H2 Core AG is a Germany-based clean technology company that develops, manufactures, and integrates modular, plug-and-play hydrogen energy systems for decentralized and autonomous power supply. The company specializes in integrated green hydrogen generation, storage, and power reconversion solutions designed to replace conventional diesel generators and provide zero-emission energy for critical infrastructure, telecommunications, commercial, and industrial applications. Its core product and service portfolio comprises PowerCore modular self-recharging fuel cell and storage power systems; HydroCab standardized indoor and outdoor cabinetized and containerized hydrogen plants; scalable Anion Exchange Membrane (AEM) electrolysis modules spanning kilowatt to multi-megawatt capacities, incorporating integrated Enapter AEM core technology; integrated fuel cell generation units ranging from 1.2 kW to multi-kilowatt outputs; high-pressure hydrogen compression units operating up to 1,000 bar; modular high-pressure gas storage bundles and cylinder racks; integrated water treatment and demineralization systems; proprietary intelligent Energy Management Systems (EMS) with cloud-based remote monitoring and telemetry controls; and turnkey system engineering, project planning, installation, commissioning, technical consulting, and lifecycle maintenance services. The company serves domestic and international markets across Europe, Africa, North America, and South America, focusing on remote telecommunications tower power and off-grid utility infrastructure. Founded in 2020 as H2 Core Systems GmbH as a spin-off from the TC-Hydraulik Group, the company is headquartered in Heide, Germany. In June 2024, the entity completed a reverse takeover of Frankfurt-listed MARNA Beteiligungen AG and officially rebranded as H2 Core AG under the ticker symbol M5S. Recent corporate developments include international pilot agreements to supply PowerCore units to telecommunications operators in South Africa and Kenya, technology and manufacturing integration alliances with Enapter AG and Siemens AG, and executive restructuring alongside filing for court-supervised insolvency proceedings under German law in July 2026 to assess restructuring and operational continuity options.