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Ballard Power Systems Inc

Industrials CA BLDP

2.69CAD
-0.03(1.10%)

Last update at 2026-03-10T20:00:00Z

Day Range

2.672.79
LowHigh

52 Week Range

1.445.75
LowHigh

Fundamentals

  • Previous Close 2.72
  • Market Cap917.25M
  • Volume331677
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-104.67100M
  • Revenue TTM90.25M
  • Revenue Per Share TTM0.30
  • Gross Profit TTM -3.36800M
  • Diluted EPS TTM-0.52

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -323.40900M -144.05200M -177.03000M -114.61300M -49.33900M
Minority interest - - - - -
Net income -324.24500M -177.71600M -173.49400M -114.39700M -49.46900M
Selling general administrative 23.52M 23.87M 28.94M 24.98M 16.51M
Selling and marketing expenses 13.50M 15.11M 12.85M 12.90M 8.62M
Gross profit -21.98200M -21.83100M -13.08100M 14.01M 20.98M
Reconciled depreciation 11.97M 13.53M 13.36M 9.75M 7.56M
Ebit -321.26300M -142.94700M -158.89900M -87.97400M -41.15900M
Ebitda -309.29000M -129.42000M -149.20100M -94.66200M -46.15800M
Depreciation and amortization 11.97M 13.53M 9.70M -6.68800M -4.99900M
Non operating income net other - - - - -
Operating income -183.30000M -162.90400M -158.89900M -87.97400M -41.15900M
Other operating expenses 253.03M 265.27M 145.80M 192.48M 145.04M
Interest expense 2.15M 1.21M 1.28M 1.29M 1.30M
Tax provision 0.12M 0.16M -3.53600M -0.21600M 0.13M
Interest income 11.87M 20.03M 14.71M 23.98M 7.75M
Net interest income -2.16600M -1.10500M -1.27900M -1.59400M -1.30300M
Extraordinary items -0.71500M -33.50600M 0.00000M 0.16M -1.90800M
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.12M 0.16M -3.53600M -0.21600M 0.13M
Total revenue 69.73M 102.37M 83.80M 104.50M 103.88M
Total operating expenses 161.32M 141.07M 145.80M 101.99M 62.14M
Cost of revenue 91.71M 124.20M 96.88M 90.49M 82.89M
Total other income expense net -140.10900M 18.85M -18.13100M -26.63900M -8.18000M
Discontinued operations - - - 0.16M -1.90800M
Net income from continuing ops -323.53000M -144.21000M -173.50000M -114.39700M -49.46900M
Net income applicable to common shares -324.24500M -177.71600M -173.49400M -114.23300M -51.37700M
Preferred stock and other adjustments - - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 777.31M 1077.54M 1247.08M 1440.94M 975.60M
Intangible assets 1.76M 1.41M 5.21M 20.79M 3.76M
Earning assets - - - - -
Other current assets 4.43M 7.06M 6.02M 4.37M 3.57M
Total liab 104.32M 86.33M 88.17M 112.73M 74.71M
Total stockholder equity 672.99M 991.22M 1158.91M 1328.22M 900.89M
Deferred long term liab - - - - -
Other current liab 5.58M 47.77M 40.80M 54.12M 30.44M
Common stock - 2425.64M 2420.40M 2416.26M 1884.73M
Capital stock 2428.62M 2425.64M 2420.40M 2416.26M 1884.73M
Retained earnings -2060.83700M -1737.50500M -1560.75900M -1387.57900M -1275.51600M
Other liab - - 3.16M 15.69M 7.44M
Good will 0.00000M 40.28M 64.27M 64.27M 40.28M
Other assets - - 0.37M 0.35M 0.34M
Cash 603.95M 751.13M 913.73M 1123.89M 763.43M
Cash and equivalents - - 913.73M 1123.89M 763.43M
Total current liabilities 75.59M 70.59M 73.17M 83.16M 52.09M
Current deferred revenue - 4.59M 8.03M 12.11M 9.89M
Net debt - -733.23200M -897.99900M -1106.77500M -745.55700M
Short term debt - 4.50M 3.90M 3.24M 2.69M
Short long term debt - - - - -
Short long term debt total - 17.90M 15.73M 17.12M 17.87M
Other stockholder equity - 306.04M 300.76M 297.82M 290.76M
Property plant equipment - - 82.36M 56.06M 49.33M
Total current assets 698.88M 864.74M 1028.51M 1229.19M 854.32M
Long term investments 45.75M 54.25M 66.36M 70.29M 27.57M
Net tangible assets - - 1089.43M 1243.16M 856.85M
Short term investments 2.10M 2.11M 2.01M 3.00M 2.00M
Net receivables 24.18M 58.56M 48.70M 46.40M 56.80M
Long term debt - - - - -
Inventory 56.42M 45.87M 58.05M 51.52M 28.52M
Accounts payable 12.30M 13.72M 20.44M 13.69M 9.07M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - -2.96200M -1.49000M 1.72M 0.91M
Additional paid in capital - - - - -
Common stock total equity - - - - 1884.73M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.49M 0.55M 0.37M 0.35M 0.34M
Deferred long term asset charges - - - - -
Non current assets total 78.43M 212.80M 218.57M 211.76M 121.28M
Capital lease obligations 23.89M 17.90M 15.73M 17.12M 17.87M
Long term debt total - - 11.84M 13.88M 15.18M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -36.50500M -54.27900M -75.55700M -63.77200M -24.51500M
Change to liabilities - - -1.89700M 3.63M -14.50600M
Total cashflows from investing activities -36.50500M -54.27900M -75.55700M -85.63000M -36.39300M
Net borrowings -3.32700M -4.01300M -3.32200M -2.79800M -2.51700M
Total cash from financing activities -1.53000M -3.67800M -2.40600M 526.91M 696.53M
Change to operating activities - - 0.95M -1.87300M -1.88000M
Net income -324.24500M -177.71600M -121.70000M -114.23300M -51.37700M
Change in cash -147.18200M -162.60000M -210.19500M 360.46M 615.64M
Begin period cash flow 751.13M 913.73M 1123.89M 763.43M 147.79M
End period cash flow 603.95M 751.13M 913.70M 1123.89M 763.43M
Total cash from operating activities -108.09900M -104.57000M -132.20000M -80.47600M -42.93400M
Issuance of capital stock - - 0.00000M 527.29M 694.61M
Depreciation 11.97M 13.53M 13.36M 9.75M 7.56M
Other cashflows from investing activities 1.40M -0.15400M -41.07500M -70.92900M 0.99M
Dividends paid - - - - -
Change to inventory -16.94600M -0.89800M -6.53200M -22.99600M 1.35M
Change to account receivables 13.35M -12.91300M -2.94500M 9.64M -2.09300M
Sale purchase of stock 0.31M 0.34M 0.92M 529.71M 699.05M
Other cashflows from financing activities 1.80M 0.34M 0.92M 2.42M 4.44M
Change to netincome - - 38.39M 35.60M 18.01M
Capital expenditures 27.62M 41.37M 34.48M 14.70M 12.87M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 5.24M -17.08600M -10.40000M -11.60000M -17.12400M
Stock based compensation 7.46M 10.72M 9.41M 9.67M 6.24M
Other non cash items 191.48M 65.98M -19.28700M 26.24M 11.77M
Free cash flow -135.71600M -145.93800M -166.68200M -95.17700M -55.80000M

Peer Comparison

Sector: Industrials Industry: Electrical Equipment & Parts

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BLDP
Ballard Power Systems Inc
-0.03 1.10% 2.69 - - 10.16 1.15 2.15 -6.214
ELVA
Electrovaya Inc.
0.58 5.53% 11.07 139.56 69.93 9.24 16.81 8.49 99.16
GRID
Tantalus Systems Holding Inc
0.04 0.93% 4.32 - 400.00 5.46 30.37 3.97 98.65

Reports Covered

Stock Research & News

Profile

Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary power, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training services; and provision of engineering services, product and systems integration services, and related technology transfer for various PEM fuel cell applications. It operates in the United States, Germany, Canada, China, Poland, the United Kingdom, the Netherlands, France, Denmark, Belgium, India, Taiwan, Korea, Spain, Norway, Australia, Japan, and internationally. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.

Ballard Power Systems Inc

9000 Glenlyon Parkway, Burnaby, BC, Canada, V5J 5J8

Key Executives

Name Title Year Born
Mr. R. Randall MacEwen CEO, Pres & Non-Independent Director 1969
Mr. Paul Dobson Sr. VP & CFO 1966
Dr. Kevin Colbow Sr. VP & CTO NA
Mr. Jesper Themsen Pres & CEO of Europe NA
Kate Charlton VP Corp. Fin. & Investor Relations NA
Mr. Kerry Brent Hillier Gen. Counsel & Corp. Sec. NA
Mr. Nicolas Pocard VP of Marketing & Strategic Partnerships NA
Ms. Sarbjot Sidhu Sr. VP and Chief People & Culture Officer NA
Mr. Alfred Wong Managing Director of Asia Pacific NA
Mr. David Mucciacciaro Sr. VP & Chief Commercial Officer NA

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