Helium Evolution Incorporated

Helium Evolution Incorporated

HEEVF
Helium Evolution IncorporatedUS flagOther OTC
0.14
USD
+0.00
- -
13.51MMarket Cap
Helium Evolution Incorporated
HEEVF
(Other OTC)

Recent

price

0.14

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
-0.01
-0.02
-0.09
-0.03
-0.01
-0.03
-0.03
Basic EPS, GAAP
- -
-0.01
-0.1
-0.03
-0.03
-0.08
-0.08
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.01
0.01
0.13
0.08
0.06
0.12
0.11
Book Value per Share
-0.01
0.01
0.16
0.11
0.1
0.16
0.14
Tangible Book Value per Share
25
79
78
96
96
122
134
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
-2,066.28
-1,923.84
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
-1
-7
-3
-1
-4
-3
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
-2,168.02
-2,027.91
Profit Margin (%)
- -
1
10
6
3
6
3
Working Capital
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
1
13
11
10
19
19
Total Equity
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
-134.56
-32.94
-20.48
-35.81
-33.7
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
8
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
123
163
163
Market Capitalization
26
17
37

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
9
7
4
Cash, Cash Equivalents & STI
5
7
3
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
10
1
1
Payables & Accruals
1
1
1
ST Debt
8
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
116.85%
96.38%
Free Cash Flow
- -
9,821.03%
258.24%
Net Income, GAAP
- -
240.62%
168.08%
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
- -
- -
- -
- -
-0.01
2025
-0.01
- -
-0.01
- -
-0.03
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Helium Evolution Incorporated (TSXV:HEVI; OTCQB:HEEVF), a Calgary-based helium exploration and production company founded in 2021, holds the largest helium land rights position in North America among publicly-traded companies with over 5.6 million acres under permit in southern Saskatchewan near proven discoveries of economic helium concentrations. The company focuses on advancing helium assets through exploration, drilling, seismic acquisition, and commercial development; key activities include farmout agreements for joint wells with North American Helium Inc. (NAH), a 20% working interest in the Soda Lake helium processing facility designed to handle 12 million standard cubic feet per day of raw gas from three initial wells connected via dedicated pipelines, and ongoing programs yielding multiple helium discoveries such as the initial 2-31 find in late 2023 followed by five additional discoveries in the Mankota area through early 2025. Operations target the growing global helium market with sustainably produced supply for industrial, medical, and technological applications, primarily serving off-takers through commercial sales initiated in October 2025 from the Soda Lake Facility. Recent developments include the first commercial helium sales in October 2025 marking a transition to revenue generation, a $2.7 million financing and strategic partnership with ENEOS Xplora Inc. (a subsidiary of Japan's ENEOS Group) announced in March 2025 that bolsters financial strength and unlocks growth opportunities, construction and start-up of the Soda Lake Facility bringing initial production online in 2025, an enhanced farmout agreement with NAH expanding from five to up to eight wells, acquisition of approximately 2,000 kilometers of 2D seismic data to refine drilling targets, and a board change with Greg Robb's resignation in October 2025. Helium Evolution maintains headquarters at 400, 505 - 3rd Street SW, Calgary, Alberta, Canada T2P 3E6, and executes a differentiated strategy leveraging technical expertise and partnerships to scale production across its extensive Saskatchewan land base.

Company News

APIChatGPT
  • Helium Evolution Announces Grant of Stock Options

  • Helium Evolution Announces Voting Results From Annual General & Special Meeting of Shareholders

  • Helium Evolution Announces Filing of First Quarter 2026 Financial Results

  • Helium Evolution Announces Filing of Year End 2025 Financial Results

  • Helium Evolution Announces Completion of Grasslands 3D Seismic Program, Board Update and Strengthening Helium Market Outlook

  • Helium Evolution Announces Grant of Stock Options

  • Helium Evolution Announces Seismic Program, Pooling Agreement and Provides Operations Update

  • Helium Evolution Announces Filing of Third Quarter 2025 Financial Results

  • Helium Evolution Announces Grant of Stock Options

  • Helium Evolution Announces First Commercial Sales of Helium

  • Helium Evolution Announces Start-Up of Soda Lake Helium Purification Facility

  • Helium Evolution Secures Offtake Agreement

  • Helium Evolution Announces Management Changes

  • Helium Evolution Closes $8.3 Million Convertible Note and Announces Q2-2025 Results

  • Helium Evolution Closes Second Tranche of Expanded Private Placement

  • Helium Evolution Provides New Update on Helium Production Facility

  • Helium Evolution Announces Voting Results From Annual General & Special Meeting of Shareholders

  • Helium Evolution Announces Filing of First Quarter 2025 Financial Results

  • Helium Evolution Announces Filing of Annual 2024 Financial Results

  • Helium Evolution Announces Expansion of ENEOS Xplora Financing