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    HYPRO   NO0010892359

HYDROGENPRO ASA

(HYPRO)
  Report
Real-time Oslo Bors  -  10:25 2022-09-30 am EDT
28.65 NOK   +11.48%
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HydrogenPro AS - Invitation to Q2 2022 results presentation

08/17/2022 | 05:31am EDT

Porsgrunn, 17 August 2022 - HydrogenPro AS (OSE:HYPRO) will publish the financial results for the second quarter 2022 on Tuesday 23 August 2022 at 07:00 CET.

The company will host a webcast presentation of the results the same day at 10:00 CET followed by a Q&A session with questions to be posted online during the presentation. Link to webcast: https://channel.royalcast.com/landingpage/hegnarmedia/20220823_4/

The presentation will be held in English by interim CEO Richard Espeseth and CFO Martin Thanem Holtet.

The report and presentation will be made available at www.hydrogen-pro.com and www.newsweb.no.

 

HydrogenPro in brief:

HydrogenPro designs and supplies large scale hydrogen plants in cooperation with global partners and suppliers, all ISO 9001, ISO 45001 and ISO 14001 certified.

The Company was founded in 2013 by individuals with background from the electrolysis industry which was established in Telemark, Norway by Norsk Hydro in 1927. We are an experienced organisation of leading industry experts, drawing upon unparalleled experience and expertise in the hydrogen and renewable energy industry. Our core product is the alkaline high-pressure electrolyser.

With the new electrode technology, we are able to increase the efficiency of each unit by 14% to reach 93% of the theoretical maximum. This is a significant step forward as the cost of electric power, depending on market prices, amounts to 70-90% of the cost of producing hydrogen, the value of such increased efficiency equals approximately the investment cost for the entire plant in a Total Cost of Operation perspective. The Company is targeting a production cost for green hydrogen of USD 1.2 per kg in 2022.

https://news.cision.com/hydrogenpro-as/r/hydrogenpro-as---invitation-to-q2-2022-results-presentation,c3615365

(c) 2022 Cision. All rights reserved., source Press Releases - English

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Financials (USD)
Sales 2022 9,82 M - -
Net income 2022 -11,6 M - -
Net cash 2022 31,4 M - -
P/E ratio 2022 -13,3x
Yield 2022 -
Capitalization 153 M 153 M -
EV / Sales 2022 12,4x
EV / Sales 2023 2,47x
Nbr of Employees 25
Free-Float 41,1%
Chart HYDROGENPRO ASA
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Technical analysis trends HYDROGENPRO ASA
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 2,64 $
Average target price 4,11 $
Spread / Average Target 55,7%
EPS Revisions
Managers and Directors
Richard Espeseth CEO, Director & Chief Business Development Officer
Martin Thanem Holtet Chief Financial Officer
Ellen Merete Hanetho Chairman
Jarle Tautra Director
Kermit Nash Director
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