Bowman Power

Bowman is in the business of recovering useful energy from waste heat in order to build more fuel efficient power plants which improves payback and reduces emissions. This is achieved by using our high speed TurboGenerator (TG) technology which converts the waste exhaust heat into electricity. This means that the efficiency of the powerplant is improved and the fuel consumption is reduced by upto 10%. It is also possible to programme the powerplant to add the TG power to the main generator power, thus boosting the powerplant output significantly but sacrificning the 10% fuel saving..
Company Growth (employees)
Type
Private
HQ
Southampton, GB
Founded
2004
Size (employees)
56 (est)
Bowman Power was founded in 2004 and is headquartered in Southampton, GB

Key People at Bowman Power

David Lamb

David Lamb

CFO

Bowman Power Office Locations

Bowman Power has an office in Southampton
Southampton, GB (HQ)
Ocean Quay Belvidere Rd

Bowman Power Data and Metrics

Summary Metrics

Founding Date

2004

Total Funding

$21.7 m

Latest funding size

$5.7 m

Time since last funding

over 1 year

Investors

Bowman Power's latest funding round in January 2016 was reported to be $5.7 m. In total, Bowman Power has raised $21.7 m

Bowman Power Financial Metrics

Bowman Power's revenue was reported to be £5.1 m in FY, 2015 which is a 70% increase from the previous period.
GBP

Revenue (FY, 2015)

5.1 m

Revenue growth (FY, 2014 - FY, 2015), %

70%

Gross profit (FY, 2015)

749.3 k

Gross profit margin (FY, 2015), %

15%

Net income (FY, 2015)

(2.4 m)

Cash (31-Dec-2015)

5.3 m
GBPFY, 2013FY, 2014FY, 2015

Revenue

5.2 m3 m5.1 m

Revenue growth, %

(43%)70%

Cost of goods sold

4.6 m3.2 m4.4 m

Gross profit

643.9 k(222 k)749.3 k

Gross profit Margin, %

12%(7%)15%

Operating expense total

3.8 m3.4 m3.1 m

Pre tax profit

(3.2 m)(3.6 m)(2.5 m)

Net Income

(2.9 m)(3.4 m)(2.4 m)
GBPFY, 2013FY, 2014FY, 2015

Cash

2.8 m2 m5.3 m

Accounts Receivable

451.6 k630.9 k1.3 m

Current Assets

4.7 m3.6 m7.9 m

PP&E

474.9 k298.5 k253.9 k

Goodwill

669.3 k772.2 k1.7 m

Total Assets

5.8 m4.7 m9.9 m

Accounts Payable

695.2 k321.9 k888 k

Current Liabilities

1.2 m951.3 k2.2 m

Retained Earnings

(2.9 m)(3.4 m)(2.4 m)

Total Equity

4.2 m3 m3.8 m

Financial Leverage

1.4 x1.6 x2.6 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

(2.7 m)(2.6 m)(1.8 m)

Cash From Financing Activities

3.7 m2.2 m6.2 m

Income Taxes Paid

288.3 k137.9 k149.1 k
GBPY, 2015

Revenue/Employee

84.4 k

Financial Leverage

2.6 x

Bowman Power Online and Social Media Presence

Bowman Power Company Life and Culture

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