Sector: Utilities | Industry: Electric Utilities |
Company Contact | |
Address: | 2633 Carnation Street NORTH VANCOUVER BC V7H 1H6 |
Tel: | N/A |
Website: | https://www.alaskahydro.com |
IR: | See website |
Key People | ||
Clifford A. Grandison Co-Chairman of the Board, Interim President, Chief Executive Officer, Secretary | Bob Anderson Chief Financial Officer |
Business Overview |
Alaska Hydro Corporation is a Canada-based development-stage company. The Company is engaged in the development of renewable energy projects focused primarily on hydroelectric power generation for resource development in northern climates. The Company is working to develop the More Creek Hydroelectric Project, which is located approximately 130 kilometer north of the town of Stewart in northwestern British Columbia. The Project stores water at the head of the More Creek canyon using an 84-meter-high roller compacted concrete dam to create a water storage reservoir. The size of the water storage reservoirs approximately 3000 hectors at full operating level with a live storage (useable) volume of approximately 870 million cubic meters. The Company's More Creek Hydroelectric Project generates approximately 306 gigawatt hours of energy annually. |
Financial Overview |
For the fiscal year ended 31 December 2023, Alaska Hydro Corp revenues was not reported. Net loss increased 12% to C$70K. Higher net loss reflects Project costs (recoveries) increase from C$89K (income) to C$4K (expense), Professional fees increase of 45% to C$53K (expense), Interest on convertible promissory note increase of 22% to C$14K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$0.08M as of Dec 31, 2023 |
Net annual income (TTM): | -$0.07M as of Dec 31, 2023 |
Free cash flow (TTM): | -$0.06M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $0.16M as of Dec 31, 2023 |
Shares outstanding: | 38,369,750 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |