Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €1.21 EUR
Change Today -0.059 / -4.66%
Volume 60.0K
PO0 On Other Exchanges
Symbol
Exchange
Toronto
NASDAQ GM
Frankfurt
As of 3:55 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

ballard power systems inc (PO0) Snapshot

Open
€1.25
Previous Close
€1.26
Day High
€1.30
Day Low
€1.20
52 Week High
08/14/14 - €3.15
52 Week Low
07/8/15 - €1.12
Market Cap
171.2M
Average Volume 10 Days
44.6K
EPS TTM
--
Shares Outstanding
142.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for BALLARD POWER SYSTEMS INC (PO0)

ballard power systems inc (PO0) Related Businessweek News

No Related Businessweek News Found

ballard power systems inc (PO0) Details

Ballard Power Systems Inc. engages in the development and commercialization of proton exchange membrane fuel cells worldwide. The company is primarily involved in the design, development, manufacture, sale, and service of fuel cell stacks, modules, and systems for various applications. It also develops methanol and hydrogen fueled clean energy backup power systems, as well as provides engineering services for various fuel cell applications. The company offers its products and services for telecom backup power and material handling, as well as bus and distributed generation markets. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.

Founded in 1979

ballard power systems inc (PO0) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$117.8K
Chief Financial Officer and Vice President
Total Annual Compensation: C$360.6K
Chief Operations Officer and Vice President
Total Annual Compensation: C$313.0K
Chief Technology Officer and Vice President
Total Annual Compensation: C$351.8K
Chief Commercial Officer and Vice President
Total Annual Compensation: C$315.2K
Compensation as of Fiscal Year 2014.

ballard power systems inc (PO0) Key Developments

Ballard Power Systems Inc. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Ballard Power Systems Inc. reported consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported adjusted LBITDA of $4.8 million compared to $1.2 million a year ago reflecting the decline in gross margin. Net loss was $7.3 million compared to $4.5 million a year ago driven primarily by the increase in Adjusted EBITDA loss. Loss per share was $0.06 compared to $0.03 a year ago. Normalized net loss was $7.0 million compared to $4.5 million a year ago. Normalized net loss per share was $0.05 compared to $0.03 a year ago. Cash used by operating activities was $5.3 million compared to $2.9 million a year ago. This reflects a cash operating loss of $5.5 million, partially offset by an improvement in working capital of $0.2 million. Total revenue was $11.2 million compared to $18.5 million a year ago, a decrease of 39% primarily due to declines in Technology Solutions and Material Handling revenue. For the six months, the company reported adjusted LBITDA of $9.9 million compared to $3 million a year ago. Net loss was $0.3 million compared to $8.3 million a year ago. Loss per share was $0.00 compared to $0.07 a year ago. Normalized net loss was $15.2 million compared to $8.1 million a year ago. Normalized net loss per share was $0.12 compared to $0.07 a year ago. Cash used by operating activities was $10.7 million compared to $9.6 million a year ago. Total fuel cell products & services revenue was $20.4 million compared to $32.5 million a year ago.

Ballard Power Signs Agreement to Provide 1 Megawatt Cleargen Fuel Cell Distributed Generation System for Hydrogene de France

Ballard Power Systems announced that it has signed an agreement to provide a 1 megawatt (1MW) ClearGen(TM) fuel cell distributed generation system for Hydrogene de France (HDF) which will be deployed at an AkzoNobel sodium chlorate chemical plant in Bordeaux Metropole, France. In addition, Ballard will provide engineering services support for the program. Powered by its proprietary proton exchange membrane (PEM) fuel cells, the Ballard ClearGen(TM) clean energy system will enable HDF to generate electricity and supply it to the local grid, helping satisfy local power demands. The ClearGen(TM) system is suitable for locations that have a demand for clean energy, high incumbent utility rates, and a ready source of hydrogen; potential customers include chemical producers, remote communities and utilities with a renewable power mandate. In the case of AkzoNobel, production processes used at its chemical facility in Bordeaux Metropol generate by-product hydrogen which will be used to fuel the ClearGen(TM) system. The program announced that it will be partially funded by the EU Fuel Cells and Hydrogen Joint Undertaking (FCH-JU), with the remaining funding to be provided by HDF and its partners. The FCH-JU is supporting this program to help define EU standards of fuel cell integration and to validate progress made in increasing stack life. The program agreement is structured in two phases. Under the first phase, targeted for completion in mid-2016, Ballard will receive an initial payment of €1.7 million to undertake engineering services and core component development work. Under the second phase, targeted for completion in 2017, Ballard will receive an additional €1.7 million for onsite assembly and commissioning, subject to Hydrogene de France securing necessary funding to complete the project.

Ballard Power Systems Inc., Q2 2015 Earnings Call, Jul 29, 2015

Ballard Power Systems Inc., Q2 2015 Earnings Call, Jul 29, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PO0:GR €1.21 EUR -0.059

PO0 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cheil Industries Inc 167,500 KRW +2,500
Deutz AG €5.32 EUR +0.10
Doosan Corp 102,500 KRW +1,000
Remy International Inc $29.60 USD +0.20
Ricardo PLC 900.00 GBp -0.50
View Industry Companies
 

Industry Analysis

PO0

Industry Average

Valuation PO0 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.2x
Price/Book 2.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 2.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BALLARD POWER SYSTEMS INC, please visit www.ballard.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.