← Ballard Power Systems Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net loss for the year | ($21.7m) | ($8.0m) | ($27.3m) | ($39.0m) | ($51.4m) | ($114.2m) | ($173.5m) | ($177.7m) | ($324.2m) | ($90.9m) | — | |
| Profit or Loss | ($21.7m) | ($8.0m) | ($27.3m) | ($39.0m) | ($51.4m) | ($114.2m) | ($173.5m) | ($177.7m) | ($324.2m) | ($90.9m) | — | |
| Other Adjustments To Reconcile Profit Loss | $8.5m | ($12.3m) | ($17.3m) | ($107k) | ($17.1m) | ($11.6m) | ($10.4m) | ($17.1m) | $5.2m | $18.0m | — | |
| Depreciation and amortization | $4.5m | $5.1m | $5.0m | $7.5m | $7.6m | $9.8m | $13.4m | $13.5m | $12.0m | $4.1m | $4.1m | |
| Deferred gain amortization | — | — | — | — | — | — | ($416k) | ($417k) | ($416k) | ($69k) | — | |
| Adjustments For Deferred Tax Of Prior Periods | $395k | ($1.9m) | ($1.1m) | $2.7m | $743k | ($565k) | $304k | $2.2m | $1.6m | $5.8m | — | |
| Adjustments For Share-Based Payments | $3.0m | $3.1m | $2.9m | $3.6m | $6.2m | $9.7m | $9.4m | $11.0m | $7.5m | $6.3m | — | |
| Share-based compensation | $3.0m | $3.1m | $2.9m | $3.6m | $6.2m | $9.7m | $9.4m | $11.0m | $7.5m | $6.3m | $5.8m | |
| Impairment loss on trade receivables | $390k | $103k | $98k | $1.8m | $310k | $54k | $73k | $1.5m | $13.4m | $972k | — | |
| Inventory (reversal) impairment and onerous contracts provision adjustments | — | — | — | — | — | — | $7.5m | $15.0m | $5.7m | ($6.0m) | — | |
| Impairment charges on intangible assets | — | — | — | — | — | $0 | $13.0m | $2.3m | $658k | $1.1m | — | |
| Impairment charges on goodwill | — | — | — | — | — | — | $0 | $24.0m | $40.3m | $0 | — | |
| Impairment charges on equity-accounted investment | — | — | — | — | — | — | — | — | $0 | $4.6m | — | |
| Proceeds From Sales Of Investments Other Than Investments Accounted For Using Equity Method | — | — | — | — | — | — | — | $1.0m | $0 | — | — | |
| Trade and other receivables | ($771k) | ($9.4m) | ($11.7m) | ($14.5m) | ($2.1m) | $9.6m | ($2.9m) | ($12.9m) | $13.3m | $6.0m | — | |
| Inventories | ($2.3m) | ($572k) | ($12.9m) | ($787k) | $1.4m | ($23.0m) | ($6.5m) | ($898k) | ($16.9m) | $10.1m | $19.0m | |
| Trade and other payables | $1.0m | $6.9m | ($5.6m) | $11.1m | ($4.2m) | $1.4m | $2.2m | ($3.6m) | $1.2m | ($8.3m) | — | |
| Deferred revenue | $14.5m | ($12.5m) | $8.6m | $3.5m | ($10.3m) | $2.2m | ($4.1m) | ($3.4m) | $7.0m | $6.7m | — | |
| Prepaid expenses and other current assets | ($1.3m) | $930k | $426k | ($812k) | ($1.0m) | ($810k) | ($1.7m) | $76k | $2.7m | $2.9m | — | |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | $3.0m | $981k | $1.3m | $2.1m | $988k | $0 | $7k | $967k | $3.2m | $80k | — | |
| Additions to property, plant and equipment | ($2.8m) | ($3.1m) | ($9.9m) | ($13.9m) | ($12.6m) | ($13.2m) | ($33.9m) | ($41.2m) | ($25.8m) | ($9.8m) | — | |
| Net (increase) decrease in fair value of investments | — | — | — | — | $0 | $9.0m | $16.9m | $12.9m | $14.8m | ($1.7m) | — | |
| Net increase in short-term investments | — | — | — | — | ($2.0m) | $336k | $1.0m | $0 | $0 | ($2.1m) | — | |
| Contributions to long-term investments | — | — | — | — | $0 | ($51.8m) | ($17.9m) | ($11.9m) | ($12.0m) | ($8.7m) | — | |
| Cash used in investing activities | $5.2m | ($6.5m) | ($23.1m) | ($32.7m) | ($36.4m) | ($85.6m) | ($75.6m) | ($54.3m) | ($36.5m) | ($20.9m) | — | |
| Cash flows from financing activities: | ||||||||||||
| Dividends paid | $3 | — | — | — | — | — | — | — | — | — | — | |
| Cash used in financing activities | $31.0m |
$5.0m
-83.82%
|
$186.1m
+3610.85%
|
$2.6m
-98.62%
|
$696.5m
+26991.75%
|
$526.9m
-24.35%
|
($2.4m)
-100.46%
|
($3.7m)
-52.87%
|
($1.5m)
+58.40%
|
($2.6m)
-68.89%
|
— | |
| Cash and cash equivalents, beginning of year | $72.6m | $60.3m | $192.2m | $147.8m | $763.4m | $1.1b | $913.7m | $751.1m | $603.9m | $527.1m | — | |
| Effect of exchange rate fluctuations on cash and cash equivalents held | $291k | ($1.1m) | $647k | ($38k) | ($1.6m) | ($337k) | ($31k) | ($73k) | ($1.0m) | $2.8m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Additional Financial Items | ||||||||||||
| Adjustments For Current Tax Of Prior Period | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Adjustments For Unrealised Foreign Exchange Losses Gains | ($151k) | ($324k) | $570k | ($805k) | ($259k) | $519k | $862k | ($1.3m) | $1.1m | ($685k) | — | |
| Goodwill | $40.6m | $40.6m | $40.3m | $40.3m | $40.3m | $64.3m | $64.3m | $40.3m | $0 | — | $2.7m | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | $598k | $2.1m | $2.5m | $2.8m | $3.3m | $4.0m | $3.3m | $3.0m | — | |
| Proceeds From Issuing Shares | — | — | — | — | $694.6m | — | — | — | — | — | — | |
| Purchase Of Intangible Assets Classified As Investing Activities | $4.1m | $3.4m | $0 | — | $246k | $1.5m | $550k | $154k | $1.8m | $337k | — | |
| Purchase Of Interests In Associates | $180k | $972k | — | — | — | — | — | — | — | — | — | |
| Unrealized (gain) loss on forward contracts | ($151k) | ($324k) | $570k | ($805k) | ($259k) | $519k | $862k | ($1.3m) | $1.1m | ($685k) | — | |
| Equity in loss of investment in joint venture and associates | — | ($201k) | $1.2m | $11.1m | $12.6m | $16.1m | $11.6m | $10.1m | $4.9m | $4.7m | — | |
| Gain on sale of assets | $623k | $1.4m | $4.0m | $2.0m | ($168k) | $0 | — | — | $0 | ($73k) | — | |
| De-recognition of lease | — | — | — | — | — | — | $0 | $120k | ($190k) | $0 | — | |
| Accretion on decommissioning liabilities | — | — | — | $119k | $76k | $113k | ($73k) | $532k | $243k | $153k | — | |
| Employee future benefits and plan contributions | $235k | $201k | $226k | $208k | $164k | $131k | $82k | $48k | $8k | ($12k) | — | |
| Total adjustments | ($12.4m) | $2.5m | ($14.4m) | ($14.1m) | ($25.8m) | ($68.9m) | ($121.7m) | ($87.5m) | ($113.3m) | ($74.2m) | — | |
| Warranty provision | ($2.6m) | $2.4m | $3.9m | $1.4m | ($854k) | ($1.1m) | $2.6m | $3.7m | ($2.1m) | $673k | — | |
| Investment in intangible assets | ($4.1m) | ($3.4m) | $0 | $0 | ($246k) | ($1.5m) | ($550k) | ($154k) | ($1.8m) | ($337k) | — | |
| Proceeds on sale of assets | $9.2m | $0 | — | $2.1m | $988k | $0 | — | $0 | $3.2m | $80k | — | |
| Consideration paid related to acquisition | — | — | — | — | — | ($7.2m) | ($14.9m) | ($2.0m) | ($100k) | $0 | — | |
| Principal payments of lease liabilities | — | — | ($598k) | ($2.1m) | ($2.5m) | ($2.8m) | ($3.3m) | ($4.0m) | ($3.3m) | ($3.0m) | — | |
| Net proceeds on issuance of share capital from share option exercises | $496k | $3.6m | $1.6m | $4.6m | $4.4m | $2.4m | $916k | $335k | $308k | $459k | — | |
| Net proceeds on defined benefit obligation settlement | — | — | — | — | — | — | — | $0 | $1.5m | $0 | — | |
| Decrease in cash and cash equivalents | $32.6m | ($12.4m) | $132.0m | ($44.4m) | $615.6m | $360.5m | ($210.2m) | ($162.6m) | ($147.2m) | ($76.9m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.