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dynaCERT Inc (TSE:DYA)
TSX:DYA
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dynaCERT (DYA) AI Stock Analysis

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TSE:DYA

dynaCERT

(TSX:DYA)

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Neutral 42 (OpenAI - 5.2)
Rating:42Neutral
Price Target:
C$0.10
▼(-12.73% Downside)
Action:Reiterated
Date:08/17/26
The score is primarily driven down by weak financial performance—negative margins, sizable losses, ongoing cash burn, negative equity, and higher debt. Technical indicators also reflect a bearish trend with weak momentum. Valuation is constrained by losses (negative P/E) and no dividend support.
Positive Factors
HydraGEN retrofit technology
A retrofit solution targets existing commercial engines without requiring full fleet replacement. This creates a durable addressable market across trucking, mining, construction and power generation, subject to proven customer economics and execution.
Negative Factors
Persistent unprofitability
Negative gross profit shows that the current cost structure does not yet support profitable product delivery. Continued losses limit internal investment capacity and make the business dependent on achieving better pricing, scale, manufacturing efficiency or cost control.
Read all positive and negative factors
Positive Factors
Negative Factors
HydraGEN retrofit technology
A retrofit solution targets existing commercial engines without requiring full fleet replacement. This creates a durable addressable market across trucking, mining, construction and power generation, subject to proven customer economics and execution.
Read all positive factors

dynaCERT (DYA) vs. iShares MSCI Canada ETF (EWC)

dynaCERT Business Overview & Revenue Model

Company Description
dynaCERT Inc., together with its subsidiaries, engages in the design, engineering, manufacture, testing, and distribution of transportable hydrogen generator aftermarket products in Europe, Canada, and internationally. The company’s patent-pending...
How the Company Makes Money
dynaCERT’s revenue model is centered on (1) selling and deploying its HydraGEN™ retrofit units and related equipment, and (2) monetizing emissions reductions where eligible through carbon-credit/offset mechanisms supported by measurement and verif...

dynaCERT Financial Statement Overview

Summary
Financials are weak: gross profit is negative across periods, losses remain large (TTM net loss about $9.8M), and operating/free cash flow are persistently negative (TTM operating cash outflow about $8.5M). Balance sheet risk is elevated with negative shareholders’ equity (TTM about -$2.8M) and materially higher debt versus 2025 (about $11.0M TTM vs. ~$6.0M), implying ongoing funding needs despite a recent revenue uptick and modest loss narrowing.
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
14
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Mar 2022
Income Statement
Total Revenue495.77K643.93K1.60M446.82K1.15M757.00K
Gross Profit-4.27M-4.24M-998.86K-609.11K-1.14M-1.46M
EBITDA-7.49M-8.22M-9.09M-6.93M-9.92M-15.28M
Net Income-9.79M-10.42M-10.16M-8.63M-12.16M-12.71M
Balance Sheet
Total Assets10.98M7.92M3.43M5.63M7.13M16.81M
Cash, Cash Equivalents and Short-Term Investments5.05M1.96M86.30K247.27K156.50K8.34M
Total Debt11.00M5.98M1.50M1.90M1.40M1.81M
Total Liabilities13.75M9.06M5.67M5.57M3.01M3.30M
Stockholders Equity-2.76M-1.14M-2.24M61.35K4.11M13.52M
Cash Flow
Free Cash Flow-8.54M-10.21M-5.47M-3.57M-7.97M-9.67M
Operating Cash Flow-8.54M-10.21M-5.45M-3.52M-7.88M-8.66M
Investing Cash Flow-6.21K-9.72K-44.49K-55.66K-96.73K-1.41M
Financing Cash Flow12.84M12.10M5.33M3.66M-206.67K-429.59K

dynaCERT Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.11
Price Trends
50DMA
0.11
Negative
100DMA
0.12
Negative
200DMA
0.11
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
44.50
Neutral
STOCH
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DYA, the sentiment is Negative. The current price of 0.11 is above the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.11, and below the 200-day MA of 0.11, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.50 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DYA.

dynaCERT Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
53
Neutral
C$27.90M-15.29-16.94%9.31%-124.29%
50
Neutral
C$48.67M-4.38112.32%11.62%16.81%
45
Neutral
C$33.29M-2.96-138.91%374.59%74.40%
42
Neutral
C$53.37M-5.44718.52%-57.68%24.90%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:DYA
dynaCERT
0.11
-0.03
-19.23%
TSE:ENW
Enwave Corp
0.24
-0.14
-36.84%
TSE:PYR
PyroGenesis Canada
0.22
-0.07
-23.21%
TSE:NXH
Next Hydrogen Solutions Inc
0.41
-0.09
-18.00%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 17, 2026