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Ballard Power Systems Inc Company Snapshot
Ballard Power Systems Inc operates in the Electrical equipment & supplies sector. In addition to historical fundamental analyses, the complete report available to purchase compares Ballard Power with three other electrical equipment manufacturers in North America: Orbital Energy Group Inc of UNITED STATES (2019 sales of $23.49 million of which 100% was Energy), SCI Engineered Materials, Inc. of UNITED STATES ($12.95 million ), and Eguana Technologies Inc (3.43 million Canadian Dollars [US$2.69 million] ).

Sales Analysis. Ballard Power reported sales of C$140.69 million (US$110.52 million) for the year ending December of 2019. This represents an increase of 12.1% versus 2018, when the company's sales were C$125.51 million. Despite this increase, sales are still below the level achieved in 2017, when Ballard Power reported sales of C$157.07 million. Sales of Technology Solutions- Market saw an increase that was more than double the company's growth rate: sales were up 45.7% in 2019, from C$51.43 million to C$74.92 million. Ballard Power also saw significant increases in sales in Material Handling- Market (up 36.8% to C$14.23 million) and Back Up Power- Market (up 25.2% to C$3.95 million) . Not all segments of Ballard Power experienced an increase in sales in 2019: sales of Portable Power- Market fell 91.3% to C$799,206.76 . Ballard Power also experienced decreases in sales in Heavy Duty Motive- Market (down 8.8% to C$46.79 million) .
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Ballard Power Systems Inc
  Stock Performance Chart for Ballard Power Systems Inc
  Stock Data: Recent Stock Performance:
  Current Price (1/15/2021): 39.24
(Figures in Canadian Dollars)
1 Week 7.1%   13 Weeks 44.7%  
4 Weeks 66.1%   52 Weeks 149.3%  
Ballard Power Systems Inc Key Data:
  Ticker: BLDP Country: Canada
  Exchanges: TOR Major Industry: Capital Goods
    Sub Industry: Electrical Equipment & Supplies
  2019 Sales 140,690,823
(Year Ending Jan 2020).
Employees: 703
  Currency: Canadian Dollars Market Cap: 10,154,852,539
  Fiscal Yr Ends: December Shares Outstanding: 258,788,291
  Share Type: Common Closely Held Shares: 56,512,228
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