Ballard Power Systems vs Skyx Platforms
Ballard Power Systems and Skyx Platforms are similar in size: $99.4m and $92.0m of revenue in their latest fiscal years. Ballard Power Systems grew faster (42.5% against 6.6%). Skyx Platforms kept more of each dollar of sales as profit: a net margin of -36.3% against -91.5%.
| Latest fiscal year | Ballard Power SystemsBLDP, 2025 | Skyx PlatformsSKYX, 2025 |
|---|---|---|
| Revenue | $99.4m | $92.0m |
| Revenue growth | 42.5% | 6.6% |
| Net income | −$90.9m | −$33.4m |
| Operating margin | -104.1% | -31.6% |
| Net margin | -91.5% | -36.3% |
| Return on equity | -14.4% | — |
| Free cash flow | −$66.0m | −$13.3m |
| Cash | $527m | $8.1m |
| Total debt | $0 | $19.7m |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | 1.0% |
| Share buybacks | — | — |
| Employees | — | 73 |
| Market value | $451m | $102m |
| Price vs our value range | — | — |
| Moat score | — | 19 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |