Hydrogenics Corp (USA) (NASDAQ:HYGS)

CAPS Rating: 2 out of 5

The Company is a global developer of clean energy solutions, advancing the Hydrogen Economy by commercializing hydrogen and fuel cell products.

Recs

1
Player Avatar Boone (34.87) Submitted: 11/9/2006 9:15:29 PM : Outperform Start Price: $41.75 HYGS Score: -88.09

prior to difficulties with their On-Site Generation division, HYGS was the only fuel cell company among BLDP, FCEL, PLUG to have positive gross margins. Commercialized stationary power applications and material handling (fork lifts) for early adopter markets, to complement generation and test equipment. Among the fuel cell companies, seems relatively integrated. Recently received one of the largest order agreements: up to 500 fuel cells in a deal with APC for backup power installations.

Battered by problems in On-Site generation unit that (apparently) preceded merger with Stuart Energy, might be set up for a nice recovery over the next year if problems adequately addressed and revenue growth continues.

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Member Avatar yomattus (29.09) Submitted: 8/18/2007 7:15:39 PM
Recs: 0

Aug 10, 2007 -- Highlights

- Second quarter revenues up 76% year over year and 38% from the first quarter

- Orders received up 43% to $11.9 million year over year/$33.2 million order backlog

- Cash operating costs down 33% or $3.1 million from the first quarter

- Quarterly net loss down 61% or $5.8 million year over year

Also

Fcel is almost 600 million market cap, with equal revenues to HYGS, lower growth, and lower gross margins. HYGS with similar Market cap is a $6 stock... I can hardly wait for reality to catch up with HYGS valuation.

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