Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Hydrogène de France Société anonyme is a French société anonyme specializing in hydrogen-based renewable energy solutions. Founded in 2012, it develops large-scale infrastructures for non-intermittent electricity production using hydrogen derived from renewable sources like wind and solar, through its proprietary Renewstable® power plants that combine intermittent renewables with green hydrogen storage for stable, guaranteed output. The company manufactures high-power fuel cells exceeding 1 MW, set for production from 2025 at its facility near Bordeaux, targeting decarbonization in public grid electricity and heavy mobility sectors such as maritime and rail. With over 125 employees from more than 35 nationalities, headquartered in Blanquefort, it operates active sites focused on electricity production and scientific activities, while developing a project portfolio exceeding 5 billion euros across Latin America, the Caribbean, Asia, Africa, and Oceania. Listed on Euronext Paris since 2021, Hydrogène de France Société anonyme plays a pivotal role in advancing global hydrogen infrastructure and clean energy transition.
The business is unprofitable at the operating level (-36.47% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 91.0% YoY. The question is whether this is cyclical or a structural shift.
Negative free cash flow of -€5M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€998K
▼ -91.0% YoY
Net Income (TTM)
-€6M
▲ +47.1% YoY
Op. Margin
-36.47%
▲ +108.1pp YoY
ROIC
-0.33%
▲ +12.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€5M
▲ +76.7% YoY
Op. Cash Flow (TTM)
-€99K
▲ +99.0% YoY
Net Debt
-€33M
Net Cash Position
Cash & Equiv.
€33M
3Y CAGR: -33.9%
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