Ballard Power Systems Inc

BLDP: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 5.00	Sxhq	Zjcvpzld

Ballard Looks to Show Continued Order Growth in 2023

Brett Castelli

Mar 17, 2023

Business Strategy and Outlook

Ballard Power Systems has one of the longest histories in the fuel cell industry, with a particular focus on transportation applications.

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We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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