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
Size (employees)
44 (est)
Afc Energy was founded in 2006 and is headquartered in Surrey, GB

Key People/Management at Afc Energy

Adam Bond

Adam Bond

CEO
Mitchell Field

Mitchell Field

Non-Executive Director
Tim Yeo

Tim Yeo

Non-Executive Chairman

Afc Energy Office Locations

Afc Energy has an office in Surrey
Surrey, GB (HQ)
Stovolds Hill

Afc Energy Financials and Metrics

Afc Energy Financials

Afc Energy's revenue was reported to be £967.6 k in FY, 2016 which is a 57% decrease from the previous period.
GBP

Revenue (FY, 2016)

967.6 k

Revenue growth (FY, 2015 - FY, 2016), %

(57%)

Gross profit (FY, 2016)

(916 k)

Gross profit margin (FY, 2016), %

(95%)

Net income (FY, 2016)

(5.7 m)

EBITDA (FY, 2016)

(6 m)

EBIT (FY, 2016)

(6.3 m)

Market capitalization (05-Jul-2017)

236.5 m

Closing share price (05-Jul-2017)

25.8

Cash (31-Oct-2016)

3 m
Afc Energy's current market capitalization is $236.5 m.
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

180.6 k35.5 k357.4 k759.4 k782.2 k2.3 m967.6 k

Revenue growth, %

3%189%(57%)

Cost of goods sold

303 k27.5 k27.5 k542.9 k1 m4.8 m1.9 m

Gross profit

8 k329.9 k216.5 k(247.2 k)(2.6 m)(916 k)
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

2.1 m3.6 m1.9 m5.3 m6 m10.9 m7 m4.9 m1.8 m3 m

Accounts Receivable

20.3 k4.6 k391419.2 k2.5 m

Inventories

123.7 k123.7 k123.7 k96.2 k127 k174.5 k157 k219.4 k150.9 k

Current Assets

2.6 m4.3 m2.3 m6 m6.8 m11.7 m8.9 m9.3 m6.8 m5.8 m
    GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    (1.7 m)(2.7 m)(2.1 m)(2.8 m)(4 m)(3.8 m)(4.1 m)(5.4 m)(4.8 m)(5.7 m)

    Cash From Operating Activities

    1.4 m(2.5 m)(1.5 m)(2 m)(2.7 m)(2.9 m)(3.8 m)(5.9 m)(6.5 m)(3.5 m)

    Cash From Financing Activities

    3.6 m4.3 m6.1 m3.9 m8.3 m350.8 k4 m3.5 m4.7 m

    Net Change in Cash

    1.7 m1.5 m(1.7 m)3.5 m622.7 k5 m(4 m)(2.1 m)(3.1 m)1.2 m
      Y, 2016

      Financial Leverage

      1.3 x
      Show all financial metrics

      Afc Energy Market Value History

      Traffic Overview of Afc Energy

      Afc Energy Online and Social Media Presence

      Afc Energy Company Life and Culture

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