BLDP: Ballard Power Systems Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Ballard Power Systems Inc (BLDP).
$497.04M Market Cap.
BLDP Market Cap. (MRY)
BLDP Shares Outstanding (MRY)
BLDP Assets (MRY)
Total Assets
$777.31M
Total Liabilities
$104.32M
Total Investments
$47.86M
BLDP Income (MRY)
Revenue
$69.73M
Net Income
-$324.25M
Operating Expense
$161.32M
BLDP Cash Flow (MRY)
CF Operations
-$108.10M
CF Investing
-$36.51M
CF Financing
-$1.53M
BLDP Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $777,307,000 (-27.86%) | $1,077,542,000 (-13.59%) | $1,247,077,000 (-13.45%) | $1,440,943,000 (47.70%) |
Assets Current | $698,878,000 (-19.18%) | $864,741,000 (-15.92%) | $1,028,507,000 (-16.33%) | $1,229,186,000 (43.88%) |
Assets Non-Current | $78,429,000 (-63.14%) | $212,801,000 (-2.64%) | $218,570,000 (3.22%) | $211,757,000 (74.60%) |
Goodwill & Intangible Assets | $1,757,000 (-95.78%) | $41,683,000 (-40.01%) | $69,482,000 (-18.31%) | $85,056,000 (93.13%) |
Shareholders Equity | $672,990,000 (-32.10%) | $991,216,000 (-14.47%) | $1,158,911,000 (-12.75%) | $1,328,217,000 (47.43%) |
Property Plant & Equipment Net | $30,424,000 (-73.85%) | $116,325,000 (41.24%) | $82,361,000 (46.91%) | $56,061,000 (13.64%) |
Cash & Equivalents | $603,948,000 (-19.59%) | $751,130,000 (-17.80%) | $913,730,000 (-18.70%) | $1,123,895,000 (47.22%) |
Accumulated Other Comprehensive Income | -$4,765,000 (-60.87%) | -$2,962,000 (-98.79%) | -$1,490,000 (-186.58%) | $1,721,000 (89.75%) |
Deferred Revenue | $11,632,000 (153.53%) | $4,588,000 (-42.86%) | $8,030,000 (-33.69%) | $12,109,000 (22.46%) |
Total Investments | $47,857,000 (-15.09%) | $56,359,000 (-17.57%) | $68,368,000 (-6.72%) | $73,296,000 (147.91%) |
Investments Current | $2,104,000 (-0.43%) | $2,113,000 (5.07%) | $2,011,000 (-33.06%) | $3,004,000 (50.20%) |
Investments Non-Current | $45,753,000 (-15.66%) | $54,246,000 (-18.25%) | $66,357,000 (-5.60%) | $70,292,000 (155.00%) |
Inventory | $56,417,000 (22.99%) | $45,870,000 (-20.98%) | $58,050,000 (12.68%) | $51,518,000 (80.63%) |
Trade & Non-Trade Receivables | $31,983,000 (-45.39%) | $58,565,000 (20.27%) | $48,696,000 (4.96%) | $46,395,000 (-18.31%) |
Trade & Non-Trade Payables | $35,637,000 (-10.23%) | $39,696,000 (-1.58%) | $40,333,000 (1.97%) | $39,555,000 (32.39%) |
Accumulated Retained Earnings (Deficit) | -$2,060,837,000 (-18.61%) | -$1,737,505,000 (-11.32%) | -$1,560,759,000 (-12.48%) | -$1,387,579,000 (-8.79%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $3,578,000 (0%) |
Total Debt | $23,894,000 (33.50%) | $17,898,000 (13.78%) | $15,731,000 (-8.11%) | $17,120,000 (-4.21%) |
Debt Current | $2,899,000 (-35.65%) | $4,505,000 (15.66%) | $3,895,000 (20.29%) | $3,238,000 (20.33%) |
Debt Non-Current | $20,995,000 (56.76%) | $13,393,000 (13.15%) | $11,836,000 (-14.74%) | $13,882,000 (-8.56%) |
Total Liabilities | $104,317,000 (20.84%) | $86,326,000 (-2.09%) | $88,166,000 (-21.79%) | $112,726,000 (50.88%) |
Liabilities Current | $75,586,000 (7.08%) | $70,586,000 (-3.53%) | $73,168,000 (-12.01%) | $83,159,000 (59.64%) |
Liabilities Non-Current | $28,731,000 (82.53%) | $15,740,000 (4.95%) | $14,998,000 (-49.27%) | $29,567,000 (30.71%) |
BLDP Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $69,731,000 (-31.88%) | $102,368,000 (25.05%) | $81,860,000 (-21.67%) | $104,505,000 (0.60%) |
Cost of Revenue | $91,713,000 (-26.16%) | $124,199,000 (30.51%) | $95,168,000 (5.17%) | $90,492,000 (9.17%) |
Selling General & Administrative Expense | $37,018,000 (-5.04%) | $38,984,000 (0.23%) | $38,893,000 (3.36%) | $37,629,000 (51.42%) |
Research & Development Expense | $94,494,000 (-3.88%) | $98,306,000 (9.58%) | $89,715,000 (44.32%) | $62,162,000 (75.01%) |
Operating Expenses | $161,318,000 (14.35%) | $141,073,000 (6.86%) | $132,020,000 (29.28%) | $102,116,000 (68.11%) |
Interest Expense | $2,146,000 (94.21%) | $1,105,000 (-12.65%) | $1,265,000 (-2.24%) | $1,294,000 (-0.69%) |
Income Tax Expense | $121,000 (-23.42%) | $158,000 (276.19%) | $42,000 (119.44%) | -$216,000 (-266.15%) |
Net Loss Income from Discontinued Operations | $715,000 (-97.87%) | $33,506,000 (155.32%) | $13,123,000 (8101.83%) | -$164,000 (-108.60%) |
Consolidated Income | -$324,245,000 (-82.45%) | -$177,716,000 (-2.43%) | -$173,494,000 (-51.88%) | -$114,233,000 (-122.34%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$324,245,000 (-82.45%) | -$177,716,000 (-2.43%) | -$173,494,000 (-51.88%) | -$114,233,000 (-122.34%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$324,245,000 (-82.45%) | -$177,716,000 (-2.43%) | -$173,494,000 (-51.88%) | -$114,233,000 (-122.34%) |
Weighted Average Shares | $299,310,384 (0.22%) | $298,661,041 (0.19%) | $298,093,270 (0.95%) | $295,293,438 (18.84%) |
Weighted Average Shares Diluted | $299,310,384 (0.22%) | $298,661,041 (0.19%) | $298,093,270 (0.95%) | $295,293,438 (18.84%) |
Earning Before Interest & Taxes (EBIT) | -$321,978,000 (-82.47%) | -$176,453,000 (-2.48%) | -$172,187,000 (-52.17%) | -$113,155,000 (-126.56%) |
Gross Profit | -$21,982,000 (-0.69%) | -$21,831,000 (-64.04%) | -$13,308,000 (-194.97%) | $14,013,000 (-33.22%) |
Operating Income | -$183,300,000 (-12.52%) | -$162,904,000 (-12.09%) | -$145,328,000 (-64.95%) | -$88,103,000 (-121.58%) |
BLDP Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$36,505,000 (32.75%) | -$54,279,000 (28.16%) | -$75,557,000 (11.76%) | -$85,630,000 (-135.29%) |
Net Cash Flow from Financing | -$1,530,000 (58.40%) | -$3,678,000 (-52.87%) | -$2,406,000 (-100.46%) | $526,908,000 (-24.35%) |
Net Cash Flow from Operations | -$108,099,000 (-3.37%) | -$104,570,000 (20.88%) | -$132,171,000 (-64.24%) | -$80,476,000 (-87.44%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$147,182,000 (9.48%) | -$162,600,000 (22.63%) | -$210,165,000 (-158.30%) | $360,465,000 (-41.45%) |
Net Cash Flow - Business Acquisitions and Disposals | $3,070,000 (253.50%) | -$2,000,000 (91.73%) | -$24,172,000 (-23.91%) | -$19,508,000 (9.38%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$11,958,000 (-9.60%) | -$10,911,000 (35.45%) | -$16,903,000 (67.13%) | -$51,421,000 (-2471.05%) |
Capital Expenditure | -$27,617,000 (33.24%) | -$41,368,000 (-19.97%) | -$34,482,000 (-134.56%) | -$14,701,000 (-16.49%) |
Issuance (Repayment) of Debt Securities | -$3,327,000 (17.09%) | -$4,013,000 (-20.80%) | -$3,322,000 (-18.73%) | -$2,798,000 (-11.16%) |
Issuance (Purchase) of Equity Shares | $308,000 (-8.06%) | $335,000 (-63.43%) | $916,000 (-99.83%) | $529,706,000 (-24.22%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$1,048,000 (-1335.62%) | -$73,000 (-135.48%) | -$31,000 (90.80%) | -$337,000 (78.45%) |
Share Based Compensation | $7,456,000 (-31.96%) | $10,959,000 (16.49%) | $9,408,000 (-2.70%) | $9,669,000 (55.03%) |
Depreciation Amortization & Accretion | $11,973,000 (-11.49%) | $13,527,000 (-1.79%) | $13,773,000 (41.23%) | $9,752,000 (29.03%) |
BLDP Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | -31.50% (-47.89%) | -21.30% (-30.67%) | -16.30% (-221.64%) | 13.40% (-33.66%) |
Profit Margin | -465.00% (-167.86%) | -173.60% (18.07%) | -211.90% (-93.87%) | -109.30% (-120.81%) |
EBITDA Margin | -444.60% (-179.27%) | -159.20% (17.73%) | -193.50% (-95.65%) | -98.90% (-142.40%) |
Return on Average Equity (ROAE) | -39.70% (-137.72%) | -16.70% (-16.78%) | -14.30% (-72.29%) | -8.30% (20.19%) |
Return on Average Assets (ROAA) | -35.30% (-127.74%) | -15.50% (-17.42%) | -13.20% (-69.23%) | -7.80% (13.33%) |
Return on Sales (ROS) | -461.70% (-167.81%) | -172.40% (18.02%) | -210.30% (-94.18%) | -108.30% (-125.16%) |
Return on Invested Capital (ROIC) | -169.20% (-127.11%) | -74.50% (17.22%) | -90.00% (-15.24%) | -78.10% (-89.10%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -1.54 (75.49%) | -6.27 (24.07%) | -8.26 (74.35%) | -32.2 (71.10%) |
Price to Sales Ratio (P/S) | 7.13 (-34.00%) | 10.79 (-38.11%) | 17.44 (-50.85%) | 35.49 (-36.60%) |
Price to Book Ratio (P/B) | 0.74 (-33.72%) | 1.11 (-9.57%) | 1.23 (-56.18%) | 2.81 (-58.14%) |
Debt to Equity Ratio (D/E) | 0.15 (78.16%) | 0.09 (14.47%) | 0.08 (-10.59%) | 0.09 (2.41%) |
Earnings Per Share (EPS) | -1.08 (-83.05%) | -0.59 (-1.72%) | -0.58 (-48.72%) | -0.39 (-85.71%) |
Sales Per Share (SPS) | 0.23 (-32.07%) | 0.34 (24.73%) | 0.28 (-22.32%) | 0.35 (-15.31%) |
Free Cash Flow Per Share (FCFPS) | -0.45 (7.36%) | -0.49 (12.52%) | -0.56 (-73.60%) | -0.32 (-43.75%) |
Book Value Per Share (BVPS) | 2.25 (-32.27%) | 3.32 (-14.63%) | 3.89 (-13.56%) | 4.5 (24.05%) |
Tangible Assets Book Value Per Share (TABVPS) | 2.59 (-25.29%) | 3.47 (-12.20%) | 3.95 (-13.98%) | 4.59 (22.49%) |
Enterprise Value Over EBIT (EV/EBIT) | 0 (0%) | -2 (33.33%) | -3 (86.36%) | -22 (80.70%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 0.36 (116.98%) | -2.1 (31.83%) | -3.08 (87.41%) | -24.5 (81.82%) |
Asset Turnover | 0.08 (-14.61%) | 0.09 (43.55%) | 0.06 (-13.89%) | 0.07 (-60.44%) |
Current Ratio | 9.25 (-24.53%) | 12.25 (-12.85%) | 14.06 (-4.90%) | 14.78 (-9.87%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$135,716,000 (7.00%) | -$145,938,000 (12.43%) | -$166,653,000 (-75.10%) | -$95,177,000 (-71.32%) |
Enterprise Value (EV) | -$110,557,362 (-132.27%) | $342,636,805 (-29.89%) | $488,706,403 (-80.71%) | $2,533,073,934 (-55.65%) |
Earnings Before Tax (EBT) | -$324,124,000 (-82.55%) | -$177,558,000 (-2.37%) | -$173,452,000 (-51.55%) | -$114,449,000 (-123.33%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$310,005,000 (-90.27%) | -$162,926,000 (-2.85%) | -$158,414,000 (-53.20%) | -$103,403,000 (-143.96%) |
Invested Capital | $119,910,000 (-48.32%) | $232,041,000 (12.41%) | $206,428,000 (24.39%) | $165,953,000 (23.93%) |
Working Capital | $623,292,000 (-21.52%) | $794,155,000 (-16.87%) | $955,339,000 (-16.64%) | $1,146,027,000 (42.86%) |
Tangible Asset Value | $775,550,000 (-25.13%) | $1,035,859,000 (-12.04%) | $1,177,595,000 (-13.15%) | $1,355,887,000 (45.55%) |
Market Capitalization | $497,038,638 (-55.03%) | $1,105,262,805 (-22.62%) | $1,428,413,403 (-61.79%) | $3,738,103,934 (-38.27%) |
Average Equity | $816,558,000 (-23.23%) | $1,063,681,000 (-12.56%) | $1,216,472,250 (-11.35%) | $1,372,201,250 (177.54%) |
Average Assets | $919,798,500 (-19.92%) | $1,148,586,000 (-12.64%) | $1,314,745,250 (-9.95%) | $1,459,974,250 (155.70%) |
Invested Capital Average | $190,285,750 (-19.65%) | $236,813,250 (23.72%) | $191,407,750 (32.04%) | $144,966,000 (19.80%) |
Shares | 299,420,866 (0.23%) | 298,719,677 (0.17%) | 298,207,391 (0.20%) | 297,619,740 (15.01%) |
