Primary Hydrogen Corp.

Primary Hydrogen Corp.

0.93
CAD
-0.12
(-11.43%)
-0.36EPS
4.35MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.03
-0.24
-0.21
-0.08
-0.63
-1.01
-0.36
Free Cash Flow per Basic Share
-0.04
-0.36
-0.18
-0.08
-0.27
-0.93
-0.3
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.29
0.46
0.35
0.26
1.01
0.59
0.57
Tangible Book Value per Share
0.29
0.46
0.35
0.26
1.01
0.59
0.57
Basic Weighted Avg Shares
1
1
1
1
2
4
5
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
- -
- -
-1
-4
-2
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
3
1
1
LT Debt
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
1
- -
- -
3
3
3
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-54.95
-50.77
-27.17
-57.48
-136.59
-64.87

Capital Structure

CAD

•

in mil. unless spec.
Nov'25
Feb'26
May'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
7
5
4

Working Capital

CAD

•

in mil. unless spec.
Nov'25
Feb'26
May'26
Total Current Assets
2
2
2
Cash, Cash Equivalents & STI
2
2
2
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
190.69%
-10.08%
Free Cash Flow
- -
354.63%
801.29%
Net Income, GAAP
- -
380.97%
312.2%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

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

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.02
-0.32
-0.2
-0.63
2025
-0.24
-0.52
-0.27
-0.05
-1.01
2026
-0.01
-0.04
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

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

Company Description

CEO
David Jackson
Full Time Employees
- -
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
540-5th Avenue SW Calgary AB Canada T2P 0M2
IPO Date
Aug 27, 2021
Business
Primary Hydrogen Corp. engages in the acquisition, exploration, and development of natural hydrogen properties in Canada, with a growing portfolio across multiple Canadian provinces and strategic partnerships to advance early-stage hydrogen resource development; it operates primarily in the energy exploration and clean energy sectors, aiming to unlock naturally occurring hydrogen as a zero‑carbon fuel source. The company was founded in 2020 and is headquartered in Calgary, Alberta, Canada, with operations spanning Ontario, British Columbia, Newfoundland and Labrador, and Newfoundland in addition to its broader Canadian exploration activities. Core activities include land acquisition; geological, geophysical, and geochemical evaluation; project delineation and validation; permitting and regulatory engagement; partner and investor development; and option/earn‑in arrangements to advance natural hydrogen prospects toward potential production and commercialization. Its business model centers on identifying, securing, and de-risking natural hydrogen assets, pursuing collaborations with governments, industry partners, and institutional investors to fund exploration, pilot projects, and eventual scale‑up, while maintaining a diversified pipeline of projects across key geologic settings favorable to serpentinization and other natural hydrogen generation processes. Margin and revenue generation focus on milestone-based earn-ins, project royalty structures, and potential future production agreements as the company progresses from discovery to feasibility and development phases. The company’s strategy emphasizes building a scalable, North American natural hydrogen platform, leveraging conventional junior exploration expertise to explore a relatively underdeveloped resource category, with long‑term value creation anchored in strategic partnerships, project accretion, and potential uptake of natural hydrogen technologies in decarbonized energy systems. Primary Hydrogen maintains relationships with technical consultants, industry associations, and potential offtakers to position its assets within the evolving hydrogen economy while pursuing prudent capital deployment to fund early‑stage exploration and near‑to‑mid‑term value opportunities. [No citations available in this format]