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PowerTap Hydrogen Capital MOTNF · USD

Energy · US listing · 🇺🇸 United States

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About PowerTap Hydrogen Capital

Its shares trade under the ticker MOTNF. It has been listed since 23 January 2019. In the fiscal year to 30 June 2021, it reported revenue of −C$1.1m and a net loss of C$80.8m. At that date it held total assets of C$173.0m and shareholders' equity of C$171.4m.

PowerTap Hydrogen Capital Corp. is a hydrogen fuel technology company, which is focused on developing and installing hydrogen production and dispensing fueling infrastructure in the United States. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2019-01-23. PowerTap is commercializing its blue hydrogen product, which is focused on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure. PowerTap generates hydrogen on-site. The company converts natural gas and city water into high-purity hydrogen directly at the point of use. PowerTap uses one of the smallest footprints in hydrogen generation to provide a hydrogen supply option, available within minimal lead times.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
23 Jan 2019

Leadership

Pay as last reported

  • Mr. Raghunath KilambiChief Executive Officer, Director, since 2021C$4.0m
  • Mr. Margarito RodriguezChief Financial OfficerC$1.2m
  • Mr. Byron BerryIndependent Director
  • Mr. John MartinIndependent Director, since 2014C$1.5m
  • Mr. John ZorbasIndependent Director
  • Mr. Tyler TroupInvestor Relations, since 2021

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • PowerTap Hydrogen Capital Corp commercializes blue hydrogen for automotive markets.
  • The company converts natural gas into high-purity hydrogen on-site.
  • PowerTap uses minimal footprints for rapid hydrogen supply availability.

Weaknesses

  • The company lacks existing hydrogen fueling infrastructure in target areas.
  • PowerTap relies heavily on natural gas for hydrogen production.
  • The business focuses only on the United States market.

Opportunities

  • Long-haul trucking markets require dedicated hydrogen fueling infrastructure solutions.
  • Automotive sectors need accessible blue hydrogen production capabilities.
  • Minimal lead times attract customers seeking quick infrastructure deployment.

Threats

  • Lack of hydrogen fueling infrastructure hinders market adoption rates.
  • Competitors may develop superior hydrogen generation technologies quickly.
  • Regulatory changes could impact natural gas conversion processes.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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