OverviewSuggest Edit

AFC Energy is a provider of alkaline fuel cell systems for the generation of clean energy. It offers HydroX-Cell(L), an alkaline fuel cell module, HydroX-Cell(S), and AlkaMem, an anion exchange membrane technology for alkaline water electrolysis, alkaline fuel cells, fuel synthesis, etc.

TypePublic
Founded2006
HQCranleigh, GB
Websiteafcenergy.com

Latest Updates

Employees (est.) (Oct 2020)30(+16%)
Revenue (FY, 2020)£0
Share Price (Sept 2021)£0.5(-4%)
Cybersecurity ratingAMore

Key People/Management at AFC Energy

Gary Bullard

Gary Bullard

Chairman and Non-Executive Director
Adam Bond

Adam Bond

Chief Executive Officer
Joe Mangion

Joe Mangion

Non-Executive Director
Jim Gibson

Jim Gibson

Chief Operating Officer
Graeme Lewis

Graeme Lewis

Finance Director & Company Secretary
Gerry Agnew

Gerry Agnew

Non-Executive Director
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AFC Energy Office Locations

AFC Energy has an office in Cranleigh
Cranleigh, GB (HQ)
Unit 71.4 Dunsfold Park, Stovolds HIll
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AFC Energy Financials and Metrics

AFC Energy Revenue

GBP

Net income (FY, 2020)

(4.2m)

EBIT (FY, 2020)

(4.6m)

Market capitalization (15-Sept-2021)

431.7m

Closing stock price (15-Sept-2021)

0.5

Cash (31-Oct-2020)

31.3m

EV

400.6m
AFC Energy's current market capitalization is £431.7 m.
GBPFY, 2018FY, 2019FY, 2020

Revenue

387.0

Revenue growth, %

(100%)(100%)

Cost of goods sold

29.0k26.0

Gross profit

(28.6k)(26.0)
GBPFY, 2018FY, 2019FY, 2020

Cash

2.8m1.3m31.3m

Accounts Receivable

60.0k

Prepaid Expenses

150.6k292.4k154.8k

Inventories

163.7k95.4k249.4k
GBPFY, 2018FY, 2019FY, 2020

Net Income

(4.3m)(2.9m)(4.2m)

Depreciation and Amortization

118.7k124.3k251.8k

Inventories

(726.0)68.3k(153.9k)

Accounts Payable

97.8k26.3k569.0k
GBPFY, 2018

Financial Leverage

1.2 x
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AFC Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

AFC Energy Online and Social Media Presence

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AFC Energy News and Updates

ABB expands partnership with investment in AFC Energy to further progress fuel cell innovation

ABB announced a strategic investment and development agreement with AFC Energy to further the advancement of fuel cell technology integration into its high-growth eMobility and data center segments.

Altaaqa and AFC Energy to develop zero-emission, hydrogen power generation solutions in Saudi Arabia and the Middle East

Altaaqa is a Zahid Group company that has two decades of experience in generating turnkey power and water solutions in the Kingdom of Saudi Arabia and globally.

Mace and AFC Energy sign UK first partnership in using hydrogen power to decarbonise construction sites

AFC Energy and Mace Group have formed a UK first strategic partnership to use hydrogen power in decarbonising the construction industry.

Launch of World-Class Anion Exchange Membrane Hydrogen Fuel Cell Test Facility

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce the launch of its dedicated Anion Exchange Membrane (AEM) Fuel Cell test facility hosted at the Company’s Surrey headquarters in the United Kingdom.

AFC Energy Blogs

UK fuel cell company AFC Energy targets $20 billion diesel genset market

Our Chief Executive Adam Bond explains to Henry Edwardes-Evans at S&P Global how our alkaline fuel cell technology can be used to displace diesel power generation to support the decarbonisation of industry.  Read the full interview here. The post UK fuel cell company AFC Energy targets $20 billi…

ABB expands partnership with investment in AFC Energy to further progress fuel cell innovation

With an ever-strengthening commitment to sustainability, ABB and AFC Energy will partner on the testing and integration of fuel cells as part of the wider power portfolio for eMobility solutions and now also for data centers. ABB announced a strategic investment and development agreement with... The…

Extreme E’s Spectacular Opening in the Saudi Desert

What a weekend of motorsport racing we’ve just witnessed in the desert of AlUla, Saudi Arabia! In what has been years in the making, Extreme E made history this weekend as it crowned its first race winner in a high temperature desert environment fitting of... The post Extreme E’s Spectacular Opening…

Altaaqa and AFC Energy to develop zero-emission, hydrogen power generation solutions in Saudi Arabia and the Middle East

With the first round of the Extreme E Championship as its backdrop, Altaaqa and AFC Energy signed a Memorandum of Understanding (MoU) that will bring together the two companies’ extensive experience to support the transition of the region’s power generation industry to zero emission solutions... The…

Mace and AFC Energy sign UK first partnership in using hydrogen power to decarbonise construction sites

AFC Energy and Mace Group (“Mace”), the leading international consultancy and construction business, have formed a UK first strategic partnership to use hydrogen power in decarbonising the construction industry. Globally, the construction sector accounts for 38% of energy related emissions, and in L…

Launch of World-Class Anion Exchange Membrane Hydrogen Fuel Cell Test Facility

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce the launch of its dedicated Anion Exchange Membrane (AEM) Fuel Cell test facility hosted at the Company’s Surrey headquarters in the United Kingdom. Highlights AFC Energy’s high energy-dense f…
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AFC Energy Frequently Asked Questions

  • When was AFC Energy founded?

    AFC Energy was founded in 2006.

  • Who are AFC Energy key executives?

    AFC Energy's key executives are Gary Bullard, Adam Bond and Joe Mangion.

  • How many employees does AFC Energy have?

    AFC Energy has 30 employees.

  • Who are AFC Energy competitors?

    Competitors of AFC Energy include Tidal Lagoon, H2SYS and HYON.

  • Where is AFC Energy headquarters?

    AFC Energy headquarters is located at Unit 71.4 Dunsfold Park, Stovolds HIll, Cranleigh.

  • Where are AFC Energy offices?

    AFC Energy has an office in Cranleigh.

  • How many offices does AFC Energy have?

    AFC Energy has 1 office.