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Next Hydrogen Solutions Inc.

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NXH:CVE

Next Hydrogen Solutions Inc.

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EnergyAlternative Energy
  • Price (CAD)0.56
  • Today's Change0.00 / 0.00%
  • Shares traded35.00
  • 1 Year change-44.00%
  • Beta-0.5603
Data delayed at least 15 minutes, as of Feb 12 2026 18:31 GMT.
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Notice
Important Notice
Please note that effective 5th February, 2026 the Financial Times will no longer publish or present securities from the Nairobi Stock Exchange.

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About the company

Next Hydrogen Solutions Inc. is a Canada-based designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source. The Company’s cell design architecture, supported by 40 patents, enables high current density operations and superior dynamic response to efficiently convert intermittent renewable electricity into green hydrogen on an infrastructure scale. The Company is focused on scaling up its technology to deliver commercial solutions to decarbonize the industrial and transportation sectors. The Company’s product is a large-scale hydrogen generator, which makes hydrogen at the user's site from common plant utilities-water and electricity. The hydrogen generator system uses water electrolysis to generate high-purity hydrogen on demand. The Company offers on-site hydrogen gas solutions for power and green industrial operations and clean materials handling and heavy-duty transport.

  • Revenue in CAD (TTM)3.01m
  • Net income in CAD-9.13m
  • Incorporated2014
  • Employees60.00
  • Location
    Next Hydrogen Solutions Inc.6610 Edwards BlvdMISSISSAUGA L5T 2V6CanadaCAN
  • Phone+1 (647) 578-6360
  • Fax+1 (647) 578-6360
  • Websitehttps://nexthydrogen.com/
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Fusion Fuel Green PLC13.79m-13.15m11.18m131.00--0.2132--0.8105-14.78-14.7815.1916.400.24732.044.0377,215.13-25.00---49.25--27.03---101.09--0.3633--0.2211---61.27--55.73------
EverGen Infrastructure Corp10.66m-18.28m11.38m35.00--0.2416--1.07-1.25-1.250.6251.840.1268--3.64---22.20---25.27---2.55---175.09-----2.970.3616--68.51---278.29------
Heron Lake BioEnergy LLC178.68m2.78m26.57m40.00----2.580.14870.02620.02621.680.4732.2318.7071.083,275,861.003.47-1.764.06-2.065.672.361.56-1.090.74243.000.1953---28.83-8.05-162.46---1.18--
Greenlane Renewables Inc42.15m2.35m36.38m96.0015.191.4610.480.8630.01510.01510.26580.15720.865316.052.93458,163.004.82-13.649.04-20.8341.8423.525.58-15.781.64--0.0915---5.1541.5495.16--9.80--
Next Hydrogen Solutions Inc.3.01m-9.13m38.82m60.00------12.89-0.3984-0.39840.1311-0.30040.20150.2315.91---61.10---94.12--76.13---303.23--0.3682-11.773.30--43.11---21.50------
XCF Global Inc-136.36bn-136.36bn57.01m----5.14----------0.0349------------------------0.0926--0.9626-------268.25------
Highwater Ethanol, LLC192.50m22.26m77.76m43.003.490.7322.590.40393,435.753,435.7529,719.7816,394.481.588.4754.623,282,999.0018.2818.7921.9723.646.8110.0511.5710.002.30--0.008246.02-0.45857.74167.00--11.87--
Blue Biofuels Inc0.00-4.60m79.47m6.00---------0.0101-0.01010.00-0.00970.00----0.00-226.97-217.42---2,010.56-----------127.26--------53.56--3.78--
Aemetis Inc274.52m-119.82m135.90m223.00------0.495-1.57-1.573.59-4.690.824217.2541.61902,793.80-35.97-35.53-1,358.40-68.54-5.231.37-43.65-29.910.0314-1.072.67--43.345.79-88.58--18.75--
Tidewater Renewables Ltd269.73m13.92m163.59m83.0012.020.96664.760.60650.37350.37357.354.650.65894.1921.003,249,711.003.40--4.05--18.23--5.16--0.21592.240.5249--336.68---772.39------
Southwest Iowa Renewable Energy LLC519.59m15.38m165.22m52.0010.751.285.110.3181,256.381,256.3842,432.0710,523.162.309.2321.01--6.827.527.998.804.676.362.964.190.74827.780.2917--27.8411.99572.9033.85-9.20--
Data as of Feb 12 2026. Currency figures normalised to Next Hydrogen Solutions Inc.'s reporting currency: Canadian Dollar CAD

Institutional shareholders

9.14%Per cent of shares held by top holders
HolderShares% Held
Fidelity Management & Research Co. LLCas of 31 Dec 20254.71m6.79%
Fidelity Investments Canada ULCas of 31 Dec 20251.63m2.35%
Data from 30 Sep 2025 - 30 Sep 2025Source: FactSet Research Systems Inc.
Data Provided by LSEG
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