HNATF (Primary Hydrogen) Net Income: $-1.22 Mil (TTM As of May. 2026)

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HNATF Primary Hydrogen Corp HNATF
15 GF Score
Price $1.30
! 1 Warning Sign
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What is Primary Hydrogen Net Income?

Primary Hydrogen HNATF +7.60% 15 Net Income is $-1.22 Mil as of May. 2026. GuruFocus rates HNATF with a GF Score™ of 15/100. The stock has 1 warning sign investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Primary Hydrogen's Net Income for the three months ended in May. 2026 was $-0.13 Mil. Its Net Income for the trailing twelve months (TTM) ended in May. 2026 was $-1.22 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Primary Hydrogen's Earnings per Share (Diluted) for the three months ended in May. 2026 was $-0.03.


Primary Hydrogen  (OTCPK:HNATF) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Primary Hydrogen's Earnings per Share (Diluted) (EPS) for the quarter that ended in May. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Primary Hydrogen Net Income Related Terms


Primary Hydrogen Net Income Historical Data

* Premium members only.

The historical data trend for Primary Hydrogen's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Primary Hydrogen Net Income Chart

Primary Hydrogen Annual Data
Trend Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Income
Get a 7-Day Free Trial -0.19 -0.18 -0.07 -0.72 -2.94

Primary Hydrogen Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.33 -0.91 -0.16 -0.03 -0.13
HNATF
15GF Score
Primary Hydrogen Corp HNATF
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Primary Hydrogen Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Primary Hydrogen's Net Income for the fiscal year that ended in Nov. 2025 is calculated as

Net Income(A: Nov. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.944+0+0+0
=-2.94

Primary Hydrogen's Net Income for the quarter that ended in May. 2026 is calculated as

Net Income(Q: May. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.125+0+0+0
=-0.13

Net Income for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.22 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $-1.22 Mil mean?
Primary Hydrogen (HNATF) has a Net Income of $-1.22 Mil as of May. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Primary Hydrogen and its competitors.
Is Primary Hydrogen's Net Income too high?
Primary Hydrogen's current Net Income is $-1.22 Mil. Overall, Primary Hydrogen has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Primary Hydrogen's Net Income compare to competitors?
Primary Hydrogen's Net Income of $-1.22 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Metals & Mining company?
A good Net Income depends on the Metals & Mining industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Primary Hydrogen and its competitors. Primary Hydrogen's current Net Income is $-1.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primary Hydrogen stock overvalued right now?
Primary Hydrogen (HNATF) has a current Net Income of $-1.22 Mil. The current Net Income is $-1.22 Mil. Primary Hydrogen's overall GF Score™ is 15/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Primary Hydrogen (HNATF), the current Net Income is $-1.22 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Primary Hydrogen Business Description

Other Exchanges 83W:GermanyHDRO:Canada
Address 540-5th Avenue SW, Suite 1410, Calgary, AB, CAN, T2P 0M2
Primary Hydrogen Corp. is engaged in the acquisition, exploration, and development of natural hydrogen properties. The group has an extensive portfolio of properties covering over 210 square kilometres across Canada including the Blakelock and Hopkins projects in Ontario, the Point Rosie, Gaspe Ophiolite, Coquihalla, Cogburn, and Crooked Amphibolite. The Marys Harbour and Point Rosie properties are located in Southern Newfoundland and Labrador. The Coquihalla, Cogburn, and Crooked Amphibolite properties are located in Southern British Columbia. The Gaspe Ophiolite property is located in Southern Quebec.
15GF Score

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Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.30
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