Afc Energy

AFC Energy was incorporated in January 2006 to purchase certain intellectual property and assets relating to alkaline fuel cell technology from Eneco Limited. AFC Energy raised £2.4 million to fund its initial working capital requirements and, in April 2007, completed its IPO and admission to AIM, raising c. £3 million from ordinary shares.

AFC Energy is now the world’s leading developer of low-cost alkaline fuel cell technology. Focused on large-scale industrial applications, the technology is fully scalable to provide clean electricity on-demand. The fuel cell has the potential to be the catalyst, which transforms the way in which industries of today produce energy for tomorrow.

Type
Public
HQ
Surrey, GB
Founded
2006
Employees
44 (est)
Afc Energy was founded in 2006 and is headquartered in Surrey, GB

Key People at Afc Energy

Adam Bond

Adam Bond

CEO
Chris Tawney

Chris Tawney

Finance Director
Tim Yeo

Tim Yeo

Non-Executive Chairman
Mitchell Field

Mitchell Field

Non-Executive Director

Afc Energy Locations

Surrey, GB

Afc Energy Metrics

Afc Energy Financials

Afc Energy's revenue was £2.26 M in FY, 2015 which is 189.24% increase from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

£759 K£782 K£2.26 M

Revenue growth, %

3.0%189.2%

Cost of sales

£543 K£1.03 M£4.85 M

Gross profit

£217 K£-247 K£-2.58 M

Gross profit Margin, %

28.5%-31.6%-114.2%

Operating expense total

£4.83 M£5.66 M£6.06 M
9% of current employees of Afc Energy are female and 91% are male.

Afc Energy News

Afc Energy Company Life