Hillcrest Energy Technologies Ltd.

Hillcrest Energy Technologies Ltd.

0.12
CAD
+0.00
(-4.00%)
36.50MMarket Cap
Hillcrest Energy Technologies Ltd.
NEO:HEAT
(Cboe Canada)

Recent

price

0.12

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CAD
0.07
0.17
0.12
0.1
0.18
0.47
0.15
- -
- -
0.07
0.03
- -
- -
- -
- -
- -
- -
Revenue per Share
0.03
-0.16
-0.11
-0.1
0.95
-1.75
-0.41
0.44
-0.13
-0.08
-0.09
-0.29
-0.12
-0.13
-0.12
-0.07
- -
Basic EPS, GAAP
0.03
-0.4
-0.1
-0.11
-0.24
-0.08
-0.09
-0.12
-0.07
-0.04
-0.07
-0.12
-0.1
-0.08
-0.08
-0.02
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.15
0.56
0.51
0.43
1.14
-0.47
-0.68
-0.12
-0.18
-0.12
-0.01
0.1
0.04
0.02
-0.01
-0.03
- -
Book Value per Share
0.15
0.56
0.51
0.43
1.14
-0.47
-0.68
-0.12
-0.18
-0.12
-0.01
0.07
0.02
-0.01
-0.03
-0.04
-0.01
Tangible Book Value per Share
4
4
6
7
7
8
9
12
14
15
24
45
54
61
91
106
126
Basic Weighted Avg Shares
- -
1
1
1
1
4
1
- -
- -
1
1
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
42.96
-93.23
-30.62
-92.29
-67.52
-117.78
-339.11
-3,866.61
-2,438.91
-109.72
-309.97
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
1
3
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
-1
-1
-1
6
-15
-4
5
-2
-1
-2
-13
-6
-8
-11
-7
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
39.44
-92.66
-93.06
-101
539.93
-374.51
-274.17
13,916.55
-3,571.43
-115.31
-322.53
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
-1
-7
-6
-1
-2
-3
-1
4
1
-1
-3
-6
-2
Working Capital
- -
- -
- -
1
- -
- -
- -
- -
1
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1
3
3
3
10
-4
-7
-1
-3
-2
- -
5
2
1
-1
-4
- -
Total Equity
- -
- -
- -
- -
-15.22
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
89.84
- -
- -
-178.16
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
22.01
-36.49
-22.44
-21.97
101.07
- -
- -
- -
- -
- -
- -
- -
-165.83
-459.07
- -
- -
- -
Return on Common Equity (%)

Capital Structure

CAD

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
ST Debt
1
2
- -
LT Borrowings
2
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
100
133
209
Market Capitalization
9
16
36

Working Capital

CAD

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
5
6
2
Payables & Accruals
3
3
2
ST Debt
1
2
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-135.42%
-268.09%
292.73%
Free Cash Flow
41.52%
36%
-71.7%
Net Income, GAAP
5.62%
92.86%
-33.69%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CAD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Earnings Per Share

CAD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.12
2025
- -
- -
-0.07
2026
- -
- -
- -

Semi-annual Dividends Per Share

CAD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Business
Hillcrest Energy Technologies Ltd. (CSE: HEAT) develops and commercializes advanced power conversion technologies and digital control systems utilizing proprietary Zero Voltage Switching (ZVS) technology for next-generation electric vehicle powertrains, grid-connected renewable energy systems, charging applications, energy storage, and industrial markets; core products include ZVS traction inverters such as the 1000V/350kW SiC prototype, ZVS power modules enabling higher power density and switching frequencies, ZVS grid inverters, ZVS power factor correction prototypes, and FPGA-based control systems. The company, founded in 2006 and headquartered in Vancouver, British Columbia, Canada, operates primarily in North America and Europe, targeting automotive OEMs, Tier 1 suppliers, marine electrification partners, and renewable energy developers. Recent developments include a strategic venture announced in October 2025 with Pasqua First Nation #79 and Apeiron Resources Ltd. to form a new entity for marketing, distributing, and manufacturing ZVS products in Canada, with potential up to $3 million investment from PFN and pursuit of $10 million in government funding; an MOU with Systematec GmbH for expanded collaboration and European automotive distribution; engagement with a global Tier 1 automotive supplier for ZVS evaluation; hiring of Dr. Emanuel Serban to advance grid solutions; closure of convertible debenture financings totaling over $2.6 million in early 2025; publication of a white paper on ZVS-enabled power inductor cost savings; and demonstration successes with industry-leading efficiency up to 99.7% across EV, marine, and grid applications.

Company News

  • Hillcrest Team to Attend 2026 OCP Global Summit

  • Hillcrest and Equipmake Expand Partnership Talks to Include Commercial Licensing of ZVS Technology

  • Hillcrest Energy Technologies to Present at the 2026 Cantech Investment Conference

  • Hillcrest ZVS Technology Demonstrates More Than 90% Reduction in Motor Voltage Spikes

  • Hillcrest Enters AI Datacenter Ecosystem

  • Hillcrest Announces Shares for Debt Settlement

  • Hillcrest Publishes Technical Paper on 99%+ Efficient Single-Stage ZVS Architecture for Next-Generation 800V AI Data Centers

  • Hillcrest Energy Technologies Announces Board and Leadership Changes Following 2026 Annual General Meeting

  • Hillcrest Energy Technologies Signs Letter of Intent with Equipmake to Integrate ZVS Technology into Electric Powertrain Platform

  • Hillcrest Engages Market One Media Group Inc.

  • Hillcrest Energy Technologies Receives Letter of Intent from Lenze SE to Advance ZVS Technology Evaluation

  • Hillcrest Announces Closing of Non-brokered Private Placement of Units

  • Hillcrest Announces Non-Brokered Private Placement Of Units For Gross Proceeds Of Up To $1.2 Million

  • Hillcrest Energy Technologies Announces Adoption of Semi-Annual Reporting

  • Hillcrest Energy Technologies Finalizes A-Sample Design of ZVS PCS1000 Sidecar Power Unit for Next-Generation AI Data Centers

  • Hillcrest Energy Technologies CEO Don Currie Discusses ZVS Technology and Commercialization Progress in Stocks To Watch Investor Interview

  • Hillcrest Energy Technologies Confirms ZVS PCS1000 Prototype on Track for June 2026

  • Hillcrest Energy Technologies Announces Launch of CleanPath Distribution Inc

  • Hillcrest Engages Empire Market Ventures and Announces Participation in Clean Energy & Renewables Virtual Investor Conference

  • Hillcrest Energy Technologies to Present at the Clean Energy & Renewables Virtual Investor Conference March 5th