Ballard Power Systems develops fuel cell and clean energy solutions.

Ballard Power Systems

Green Hydrogen Capital is a private equity investment enterprise focused on accelerating the development of a hydrogen economy through strategic supply chain and infrastructure investments. The company aims to invest in energy technology that supports climate solutions and community prosperity.

Green Hydrogen Capital

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates in two segments, Grid and Wind. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand; and engineering planning services. It provides transmission planning services, which identify power grid congestion, poor power quality, and other risks; grid interconnection solutions for wind farms and solar power plants, power quality systems, and transmission and distribution cable systems; resilient electric grid systems, resilient electric grid systems; D-VAR systems used for controlling power flow and voltage in the AC transmission system; actiVAR system, a fast-switching medium-voltage reactive compensation solution; armorVAR system installed for reactive compensation, power factor correction, loss reduction, utility bill savings, and mitigation of common power quality concerns related to power converter-based generation and load devices; and D-VAR volt var optimization (VVO) that serves the distribution power grid market. This segment also offers ship protection systems, which reduce a naval ship's magnetic signature; and in board power delivery systems, power generation systems, and propulsion systems; and transformers and rectifiers systems. The Wind segment designs wind turbine systems and licenses these designs to third parties under the Windtec Solutions brand. It supplies power electronics and software-based control systems, engineered designs, and support services; and provides customer support services to wind turbine manufacturers. This segment's design portfolio comprises a range of drivetrains and power ratings of 2 megawatts and higher. The company was incorporated in 1987 and is headquartered in Ayer, Massachusetts.

American Superconductor Corporation

Emerging Energy is an investment firm dedicated to creating growth in the African energy sector and related infrastructure. The company self-described aims to build local capacity, create well-paid jobs, and attract foreign partners.

Metric
Company Name	Ballard Power Systems	Green Hydrogen Capital	American Superconductor Corporation	Emerging Energy
Symbol			AMSC
MSH ID	COM:BALLARD	CAPITAL:GREENHYDROGEN	COM:AMSC	COM:EMENERGYCORP
Market	PRIVATE	PRIVATE	STOCKS	PRIVATE
Sector	Energy	Energy	Industrials	Financial Services & Finance
Industry	Clean Technology	Investment & Financial Services	Industrial - Machinery	Energy
Country	CA	US	US	AF
Stage			Post-IPO Equity
Employee Count			337	1
Website	ballard.com	greenhydrogen.capital	amsc.com	emenergycorp.com
LinkedIn				emenergycorp
Founders

Metric
Market Cap	1.01B
Enterprise Value
Monthly Web Traffic	8.00K	245
Web Traffic Growth	1.12
Valuation
Raised Capital	60.75M

Metric
Revenue			145.64M
Revenue (LTM)
Revenue (NTM)
Gross Profit			33.13M
EBITDA			-1.97M
Operating Income			-6.46M
Net Income			-11.11M
EPS			-0.37
Diluted EPS			-0.37
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin			0.26
Operating Profit Margin			-0.02
EBITDA Margin			-0.01
Net Profit Margin			-0.05
Return on Equity			-0.07
Return on Assets			-0.03
Return on Capital Employed			-0.02

COM:BALLARD

Ballard Power Systems

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio			-19.48
P/B Ratio			4.02
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio			7.93
EV Multiple			668.28

Metric
Days Sales Outstanding			66.66
Days Payables Outstanding
Days Inventory Outstanding			151.21
Operating Cycle			217.87
Cash Conversion Cycle			197.80
Asset Turnover			0.81

Metric
Operating Cash Flow			2.14M
Free Cash Flow			1.18M
Cash Flow to Debt			1.84
Operating Cash Flow/Sales			0.05
Free Cash Flow Yield			-0.02

Metric
Cash & Equivalents			90.99M
Accounts Receivable			4.34M
Inventory			41.86M
Goodwill			43.47M
Debt to Capitalization			0.03
Debt to Assets			0.02
Current Ratio			1.29
Quick Ratio			1.58

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue			0.03
R&D to Revenue			0.06
SG&A to Revenue			0.12