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AmmPower Corp. (C:AMMP)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 5 Hazelton Av.
TORONTO ON M5R 2E1
Tel: N/A
Website: https://ammpower.com
IR: See website
Key People
N/A    
Business Overview
AmmPower Corp. is a Canada-based clean energy company focused on the production of green ammonia. The Company is active in all facets of green ammonia technology, including the production of green fertilizers, carbon-free shipping fuel, and the cracking or moving of green hydrogen as ammonia. It is developing technologies to produce green ammonia and green hydrogen at scale. It is manufacturing its Independent Ammonia Making Machine (IAMM) units to create green ammonia for the agricultural industry. It also holds a lithium exploration property in Quebec and an option on the Titan Property located in Northwestern Ontario. The Titan Gold Property consists of approximately 34 mineral tenures and is located in the Klotz Lake Area in Northwestern Ontario. The Whabouchi Property is located in the James Bay/Eeyou Istche region of Quebec. The Company has a research and manufacturing facility in Southeast Michigan. It holds several LOIs with ports in Brazil and the United States.
Financial Overview
For the six months ended 30 November 2023, AmmPower Corp revenues was not reported. Net loss decreased 66% to C$1.8M. Lower net loss reflects Share-based payments (recovery) decrease of 90% to C$252K (expense), Wages and benefits decrease of 45% to C$689K (expense), Research, development and technology exp decrease of 56% to C$116K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.06 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $8.35M as of Nov 30, 2023
Annual revenue (TTM): $0.00M as of Nov 30, 2023
EBITDA (TTM): -$3.57M as of Nov 30, 2023
Net annual income (TTM): -$21.40M as of Nov 30, 2023
Free cash flow (TTM): -$0.48M as of Nov 30, 2023
Net Debt Last Fiscal Year: $1.92M as of Nov 30, 2023
Shares outstanding: 161,116,220 as of Mar 11, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization