Hyzon Motors Inc. is a NASDAQ listed company trading under the symbol HYZN with a market capitalization of 351.6 mln USD. Over the past year, its share price has had an average of 1.78 USD but as of today it’s trading at 1.41 USD, experiencing -0.70% change since yesterday and a low of 1.37 USD throughout the day.
When it comes to revenue, Hyzon Motors Inc.’s performance has been mixed in recent years. In March 2023, the company reported zero revenue while estimated to earn 4.17 mln USD; in February 2023 reported zero revenue while estimated to earn 4.17 mln; in May 2022 reported 3.56 mln USD while estimated at 3.56 mln; in March 2022 reported 5.09 mln USD while estimated at 29.56 mln; and in November 2021 reported 0.962 mln USD while estimated at 765K USD respectively for the fiscal year ending September 30th 2021 and December31st 2021 respectively and for quarters ending March 31st 2022 and June 30th 2022 respectively .
Overall, Hyzon Motors Inc.’s financial state appears to be weak as revenues have declined significantly over the last few years from their peak of 29+ mln in March 2022 down to just 0-4+ mln over the past 8 months and profits have yet to come back into view with losses amounting up to -0.14 EPS in first quarter of 2022 and -0.13 EPS for third quarter 2021 according to latest earnings announcements date 17 Febuary 2023 and 12 November 2021 respectively.. The current share price may reflect market uncertainty about how well this company can turn its financial situation around as it looks towards future quarters with optimistic expectations on its side
