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HNO International Inc

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What Do They Do?

Designs and integrates green-hydrogen systems, refueling and production equipment, and engine-cleaning technologies for businesses, communities, and vehicle and equipment users.

How Do They Make Money?

HNO earns a margin or fee for arranging hydrogen equipment deliveries and providing related integration support; the equipment supplier ships directly to the customer. Earlier revenue came from hydrogen engineering services and combustion solutions.

FY2025 revenue

Who Are Their Customers?

Targets businesses and communities seeking to decarbonize, including industrial hydrogen users, vehicle manufacturers, engine service providers, and diesel fleet operators. HyGrid systems are built at customers’ locations.

Do Revenues Turn Into Profits?

No. It lost $6.6M in FY2025.

Operating income, FY2025
−10091% of revenue
▲ +98% (Loss) vs FY2024 (−$3.3M, −78722%)
Net income, FY2025
−10091% of revenue
▲ +98% (Loss) vs FY2024 (−$3.3M, −78722%)
Free cash flow, FY2025
−1813% of revenue
▼ −46% (Loss) vs FY2024 (−$2.2M, −51512%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q3 FY2026, the three months to Jul 31, 2026
Revenue
vs $0 in Q3 FY2025
Net income
▲ +7% (Loss)
vs −$498K in Q3 FY2025
  • Apr 16, 2026 Changed its independent auditor Dismissed Barton CPA and appointed Green Growth CPAs as its independent accountant.

Who Do They Compete With?

Competes with Praxair, Air Products and Chemicals, Linde, Air Liquide, Messer Group, BOC, Air Gas, Matheson Tri-gas, Advanced Gas Technologies, Nel, Plug Power, ITM Power, and Nikola

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