Hydrogenics: Possibly Profitable This Year But With Risks

  • Hydrogenics is experiencing an increased interest in its solutions on multiple fronts.
  • A virtuous cycle is possible where the increased interest produces economies of scale and learning, driving down cost and increasing adaptation.
  • This will also lead to increased hydrogen infrastructure, lessening the constraints for further adoption and benefiting the company directly.
  • Operational leverage is another likely product, it could take the company close to profitability this year.
  • Significant execution risk remain though.

Source: Hydrogenics: Possibly Profitable This Year But With Risks – Hydrogenics Corporation (NASDAQ:HYGS) | Seeking Alpha