Next Hydrogen Full Year Financial Results!

(TSXV:NXH, OTC:NXHSF)

Next hydrogen released its fourth-quarter and full-year financial results for the year ended December 31, 2021. Some big highlights were the full-year revenue of 2021 totaling $177,589 compared to just $1,775 the year prior. In addition, their cash balance was $39.2 million as of December 31, 2021 versus $1.1 million the year prior! It is also worth noting that the company successfully listed its shares on the TSX Venture Exchange under the symbol “NXH” and cross-listed on the OTCQB under the symbol “NXHSF”

This is what the President and CEO of Next Hydorgen, Raveel Afzaal, had to say: After demonstrating our unique electrolyzers with 15 nm3/hr and 60nm3/hr (0.4MW) pilot projects, we are now well capitalized to scale up our technology to deliver large scale hydrogen generation solutions to our customers. With a strong foundation and strong strategic partnerships in place, we are poised to execute quickly on our core objectives.”

Source: https://ca.finance.yahoo.com/news/next-hydrogen-reports-q4-fiscal-110000209.html