Earnings per Share (EPS) of -$0.04874, slightly below the estimated -$0.04872.
Revenue of approximately $6.15 million, missing the estimated $8 million mark.
Notable strategic initiatives, including starting a new manufacturing line in Denmark and delivering components for the SALCOS project.
HydrogenPro ASA, trading under the symbol PNK:HYPRF, is a company focused on hydrogen technology and solutions. It operates in a competitive landscape with notable players like ANDRITZ and MHI. The company recently reported its earnings, revealing an earnings per share (EPS) of -$0.04874, slightly below the estimated EPS of -$0.04872.
The company’s actual revenue was approximately $6.15 million, falling short of the estimated $8 million. In the fourth quarter of 2024, HydrogenPro reported revenues of 70 million NOK, with a gross margin of 41%. Despite a slight decrease in revenue from the previous quarter, the gross profit increased to 29 million NOK from 19 million NOK, indicating improved cost management.
HydrogenPro’s financial metrics reveal a challenging situation. The company has a price-to-earnings (P/E) ratio of approximately -3.51, reflecting negative earnings. The price-to-sales ratio is about 3.62, suggesting investors are willing to pay $3.62 for every dollar of sales. The enterprise value to sales ratio is approximately 2.96, providing insight into the company’s valuation relative to its revenue.
The enterprise value to operating cash flow ratio is notably high at around 148.25, indicating low operating cash flow compared to its enterprise value. The earnings yield is approximately -28.53%, further highlighting the negative earnings situation. However, the debt-to-equity ratio is low at 0.049, suggesting a conservative approach to leveraging debt.
HydrogenPro’s current ratio is approximately 2.41, indicating a strong ability to cover short-term liabilities with short-term assets. The company is making strategic moves, such as starting a new manufacturing line for advanced electrodes in Denmark and delivering components for the SALCOS project. CEO Jarle Dragvik remains optimistic about the company’s progress and future prospects.
