First Helium Inc.

First Helium Inc.

0.03
CAD
0.00
(0.00%)
-0.02EPS
7.96MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
- -
- -
0.07
0.11
0.01
- -
- -
- -
Basic EPS, GAAP
-0.01
-0.01
-0.01
-0.09
-0.04
-0.04
-0.02
-0.02
Free Cash Flow per Basic Share
-0.01
-0.01
-0.06
-0.02
-0.02
-0.01
- -
-0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.01
0.18
0.23
0.16
0.16
0.05
0.03
0.03
Tangible Book Value per Share
0.01
0.18
0.23
0.16
0.16
0.05
0.03
0.03
Basic Weighted Avg Shares
66
66
50
78
87
178
214
215
Sales/Revenue/Turnover
- -
- -
4
8
1
- -
- -
- -
Operating Margin (%)
- -
- -
-12.52
-33.87
-264.97
-856.38
- -
- -
Depreciation Expense
- -
- -
- -
4
1
- -
- -
- -
Net Income, GAAP
-1
-1
- -
-7
-3
-7
-5
-5
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
-13.05
-84.37
-282.59
-2,302.31
- -
- -
Working Capital
-1
8
5
-1
-1
-3
-3
-2
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
1
12
17
14
14
12
7
8
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-8.33
-3.25
-44.67
-22.89
-53.63
-55.44
-53.53

Capital Structure

CAD

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
214
214
265
Market Capitalization
7
10
8

Working Capital

CAD

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
- -
1
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
3
3
3
Payables & Accruals
3
3
3
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-6.09%
-36.44%
Free Cash Flow
- -
101.82%
-60.43%
Net Income, GAAP
- -
282.37%
-22.57%
Sales/Revenue/Turnover
- -
- -
-100%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.01
- -
- -
-0.02
-0.04
2026
- -
- -
- -
-0.02
-0.02
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Edward J. Bereznicki
Full Time Employees
- -
Sector
Energy minerals
Industry
Integrated oil
Address
635- 8th Avenue SW Vancouver AB Canada T2P 3M3
IPO Date
Jul 12, 2021
Business
First Helium Inc. (TSXV:HELI) is a Canadian exploration and development company focused on helium, petroleum, and natural gas properties in Alberta; it holds a 100% interest in the advanced-stage Worsley Helium Project spanning 53,000 acres in northwestern Alberta along the prospective Worsley Trend, which offers multi-commodity exposure including helium-enriched natural gas, light oil, natural gas liquids (NGLs), and conventional natural gas. The company's core assets encompass its helium discovery well with production-tested helium content exceeding 1.3% over multiple periods, two successful light oil wells including the 1-30 discovery that tested at 419 barrels per day and has generated initial revenue from oil sales, and a fourth horizontal helium exploration well (7-15) successfully drilled and cased for future completion and testing; these support a fully integrated strategy for helium production, purification, transportation, and marketing alongside petroleum and natural gas output targeting premium pricing for helium-enriched gas with netbacks 3-4 times higher than conventional natural gas. Incorporated in 2016 and headquartered in Calgary, Alberta, First Helium operates exclusively in Western Canada, leveraging the region's established natural gas infrastructure and helium-rich geology adjacent to past producing pools to serve industrial, medical, scientific, aerospace, and emerging technology markets demanding reliable helium supply. Recent developments include plans to commence additional drilling at Worsley in Q1 2025 targeting helium-enriched natural gas horizontals, Leduc Formation structures identified via proprietary 3D seismic, and multiple pay zones for helium-associated gas and light oil; the company also advances its helium discovery well toward production pending facility financing and construction, building on 2024 successes such as the 7-15 well completion and ongoing exploration to scale toward over $100 million in annual revenue within three to five years through vertical and horizontal programs.

Company News

  • First Helium Announces Strategic Shallow Heavy Oil Acquisition

  • First Helium Closes Oversubscribed $2.6 Million Placement

  • First Helium Announces Private Placement

  • First Helium CEO Update Highlights Strategic Positioning of Oil and Helium Assets Amid Global Supply Uncertainty

  • Charbone Hydrogen generates revenue from first helium delivery in Greater Toronto Area

  • Helium One eyes first helium production, exits funding arrangement early

  • Helix Exploration is nearing first helium production at Rudyard project

  • First Helium Inc. Announces Application to Reprice Warrants

  • Helium One says Galactica is on-track for first helium in December

  • Helix Exploration nears first helium production in Montana - ICYMI

  • Helix Exploration eyes first helium production in 2025 as Linda-1 drilling begins

  • First Helium Announces Shallow Heavy Oil Discovery

  • First Helium Completes Drilling 7-15 Well & Cases for Completion and Testing

  • First Helium Spuds 7-15 Exploration Well

  • First Helium Completes Drilling 7-30 Well & Cases for Completion and Testing

  • First Helium Spuds 7-30 Undeveloped Light Oil Well at Worsley

  • First Helium Secures Rig to Drill Two Wells Targeting Leduc Light Oil at Worsley

  • First Helium Licenses Second of Two Wells Targeting Leduc Light Oil at Worsley

  • First Helium Provides Year End Corporate Update

  • First Helium Licenses First of Two Wells Targeting Leduc Light Oil at Worsley