First Hydrogen AI Stock Analysis
Want to see TSE:FHYD full AI Analyst Report?
First Hydrogen (FHYD) AI Stock Analysis
First Hydrogen
(TSXV:FHYD)
The overall score of 37 reflects critical fundamental and technical vulnerabilities. The most significant factors driving this low score are a complete halt in revenue generation, persistent cash bleed, and negative shareholder equity. These fundamental weaknesses are further compounded by a severe bearish downtrend across all major moving averages. While management has nearly eliminated the company's debt burden, First Hydrogen remains a highly speculative, pre-revenue enterprise heavily dependent on external financing.
First Hydrogen (FHYD) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 16.59M
- Dividend Yield
- ―
- Average Volume (3M)
- 17.96K
- Price to Earnings (P/E)
- -9.0
- Beta (1Y)
- 0.99
- Revenue Growth
- ―
- EPS Growth
- 58.73%
- Country
- Canada
- Employees
- 49
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Auto - Manufacturers
First Hydrogen Business Overview & Revenue Model
Company Description
First Hydrogen Corp. specializes in three key sectors: zero-emission vehicle development, green hydrogen production and distribution, and supercritical carbon dioxide extractor systems. The company is currently engaged in the design and construction...
How the Company Makes Money
Publicly available information indicates First Hydrogen has been in a development and demonstration stage, and detailed, consistent disclosure of a mature, recurring revenue model is limited; therefore, a precise breakdown of how the company currentl...
First Hydrogen Financial Statement Overview
Summary
Assigned the minimum score because the company has generated zero revenue over the trailing twelve months and past three years. Despite recent deleveraging efforts, persistent operational cash burn and deeply negative equity present severe financial risks.
Income Statement
15Very NegativeBalance Sheet
25NegativeCash Flow
20Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 160.06K | 0 |
| Gross Profit | -105.07K | -105.07K | -118.06K | -117.00K | 5,549 | 0 |
| EBITDA | -2.02M | -1.93M | -4.11M | -10.45M | -13.40M | 16.04K |
| Net Income | -2.67M | -2.67M | -5.07M | -10.91M | -13.85M | -8.87M |
Balance Sheet | ||||||
| Total Assets | 2.06M | 2.06M | 1.82M | 2.15M | 4.24M | 5.15M |
| Cash, Cash Equivalents and Short-Term Investments | 861.90K | 861.90K | 11.51K | 87.47K | 394.82K | 2.60M |
| Total Debt | 2.58M | 2.58M | 3.68M | 2.23M | 30.80K | 1.26M |
| Total Liabilities | 7.00M | 7.00M | 7.50M | 4.28M | 3.15M | 4.03M |
| Stockholders Equity | -4.93M | -4.93M | -5.68M | -2.13M | 1.09M | 1.12M |
Cash Flow | ||||||
| Free Cash Flow | -1.23M | -1.23M | -1.53M | -9.09M | -13.65M | -7.15M |
| Operating Cash Flow | -1.23M | -1.23M | -1.53M | -8.92M | -13.64M | -7.15M |
| Investing Cash Flow | 0 | 0 | 0 | -165.48K | -12.35K | -20.26K |
| Financing Cash Flow | 2.08M | 2.08M | 1.46M | 8.78M | 11.58M | 8.11M |
First Hydrogen Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FHYD, the sentiment is Negative. The current price of 0.24 is below the 20-day moving average (MA) of 0.29, below the 50-day MA of 0.33, and below the 200-day MA of 0.39, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 31.54 is Neutral, neither overbought nor oversold. The STOCH value of 18.59 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FHYD.
First Hydrogen Peers Comparison
Overall Rating
TSE:MRE73Outperform
TSE:LNR69Neutral
TSE:NFI63Neutral
TSE:MG62Neutral- TSE:FHYD37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:MRE | 73Outperform | CAD 675.96M | 6.84 | 7.89% | 1.83% | -1.89% | ― |
| TSE:LNR | 69Neutral | CAD 5.06B | 7.71 | 10.39% | 1.38% | 15.63% | 172.82% |
| TSE:NFI | 63Neutral | CAD 2.90B | 10.32 | 32.45% | ― | 13.11% | ― |
| TSE:MG | 62Neutral | CAD 22.99B | 19.95 | 6.97% | 3.12% | 0.36% | -14.27% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| TSE:FHYD | 37Underperform | CAD 23.97M | -8.99 | 46.27% | ― | ― | 58.73% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:FHYD | First Hydrogen Corp | 0.24 | -0.23 | -49.47% | |
| TSE:MG | Magna International | 88.07 | 22.93 | 35.21% | |
| TSE:LNR | Linamar Corp. | 86.16 | 9.71 | 12.70% | |
| TSE:MRE | Martinrea International Inc. | 10.95 | 1.06 | 10.75% | |
| TSE:NFI | NFI Group | 24.25 | 11.21 | 85.97% |
First Hydrogen Corporate Events
First Hydrogen Wins Approval for 60% RoboticsCo Acquisition
PositiveFirst Hydrogen develops zero-emission vehicles, green hydrogen production and distribution, and has built hydrogen fuel-cell light commercial vehicles for the UK market. The company is expanding into robotics through a 60% interest in Exodus Actuatio...
First Hydrogen Unveils Modular Patent-Backed Unmanned Ground Vehicle
PositiveFirst Hydrogen has completed the build of its patented unmanned ground vehicle, moving the technology from development to a working platform that showcases its core architecture, mobility and modular payload capabilities. The company now holds exclus...
First Hydrogen Secures Exclusive Rights to AI-Driven Ground Drone Platform
PositiveFirst Hydrogen Corp. has secured exclusive worldwide rights to commercialize a patented unmanned ground vehicle platform from Exodus Actuation Solutions, covering all future intellectual property while paying a small royalty on gross sales. The AI-en...
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: Nov 14, 2026