Ceres Power

Ceres Power Holdings PLC is a world leading developer of low cost, next generation fuel cell technology. Used in decentralised energy products our Steel Cells enable a change in the way homes and businesses generate their power, reducing energy costs, lowering CO₂emissions, increasing efficiency and improving energy security and reliability. Ceres Power is founded on British technology and engineering innovation originating from Imperial College. The principle of innovation is at the very heart of what we do. Our unique Steel Cell is a cost effective technology that is being validated by our OEM partners around the world to power the next generation of power products. The patented Ceres Steel Cell operates on natural gas and is manufactured using conventional materials and standard processes developed for the solar industry, meaning that it can be mass produced at an affordable price for domestic and business use. At Ceres we have the next generation of this technology. We have an affordable fuel cell for the real world, made possible with the use of conventional materials and standard manufacturing processes. This step change in cost reduction will make widespread adoption for homes and businesses a reality.
Type
Public
HQ
Horsham, GB
Founded
2001
Employees
96 (est)
Ceres Power was founded in 2001 and is headquartered in Horsham, GB

Ceres Power Locations

Horsham, GB

Ceres Power Metrics

Ceres Power Summary

Market capitalization

£83.1 M

Closing share price

£0.0868
Ceres Power's latest market capitalization is £83.1 M.

Ceres Power Financials

Ceres Power's revenue was £324 K in FY, 2015 which is 73.53% decrease from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

£523 K£1.22 M£324 K

Revenue growth, %

134.0%-73.5%

Cost of sales

£10 K£265 K£191 K

Gross profit

£513 K£959 K£133 K

Gross profit Margin, %

98.1%78.3%41.0%

Operating expense total

£13.3 M£9.55 M£11.9 M

Ceres Power Market Value History

7% of current employees of Ceres Power are female and 93% are male.

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