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Alaska Hydro Corporation (V:AKH)

Business Focus: Hydroelectric & Tidal Utilities

Sector:  Utilities Industry:  Electric Utilities
 
Company Contact
Address: 2633 Carnation Street
NORTH VANCOUVER BC V7H 1H6
Tel: N/A
Website: https://www.alaskahydro.com
IR: See website
Key People
Clifford A. Grandison
Co-Chairman of the Board, Interim President, Chief Executive Officer, Secretary
Bob Anderson
Chief Financial Officer
 
Business Overview
Alaska Hydro Corporation is a Canada-based development-stage company. The Company is engaged in the development of renewable energy projects focused primarily on hydroelectric power generation for resource development in northern climates. The Company is working to develop the More Creek Hydroelectric Project, which is located approximately 130 kilometer north of the town of Stewart in northwestern British Columbia. The Project stores water at the head of the More Creek canyon using an 84-meter-high roller compacted concrete dam to create a water storage reservoir. The size of the water storage reservoirs approximately 3000 hectors at full operating level with a live storage (useable) volume of approximately 870 million cubic meters. The Company's More Creek Hydroelectric Project generates approximately 306 gigawatt hours of energy annually.
Financial Overview
For the nine months ended 30 September 2023, Alaska Hydro Corp revenues was not reported. Net loss decreased 48% to C$58K. Lower net loss reflects Stock-based compensation decrease from C$76K (expense) to C$0K, Interest expense on convertible prommiso decrease of 47% to C$11K (expense), Office administration Interest expense o decrease from C$6K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $0.77M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): $0.00M as of Sep 30, 2023
Net annual income (TTM): -$0.01M as of Sep 30, 2023
Free cash flow (TTM): -$0.04M as of Sep 30, 2023
Net Debt Last Fiscal Year: $0.14M as of Sep 30, 2023
Shares outstanding: 38,369,750 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization