REDT Energy have developed a Vanadium Redox Flow Battery, based on a mature technology which has been shown to have outstanding reliability and the lowest whole life cost of any competitive system. In 2000, REDT's predecessor company, RE-fuel Technology, was founded by Camco Clean Energy with the express purpose of developing a Redox Flow Battery in research partnership with the University of New South Wales in Sydney. REDT completed an intensive research & development up until 2012, upon which its successful product was launched. Since then, REDT has successfully piloted its system and has entered its commercialisation phase. REDT works on clean energy projects with its partner Camco Clean Energy, leveraging Camco's extensive experience, and International office network, in the development of clean energy solutions.
Type
Public
HQ
London, GB
Founded
2009
Size (employees)
52 (est)
Redt Energy was founded in 2009 and is headquartered in London, GB
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Redt Energy Office Locations

Redt Energy has offices in Nairobi, Livingston, Wokingham, London and in 3 other locations
London, GB (HQ)
4 Clekenwell Workshops 27-31 Clerkenwell Cl
Livingston, GB
5 Alderstone Business Park MacMillan Rd
Wokingham, GB
The Business Centre Molly Millars Ln
Jersey, JE
La Motte Street
Nairobi, KE
2nd Floor, Darosa Plaza Karen Road, Off Ngong Road
Sandton, ZA
145 Western Service Rd
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Redt Energy Financials and Metrics

Redt Energy Financials

Redt Energy's revenue was reported to be £47 k in FY, 2010
GBP

Net income (FY, 2016)

22 k

Market capitalization (28-Apr-2017)

41.8 m

Closing share price (28-Apr-2017)

0.1
Redt Energy's current market capitalization is £41.8 m.
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2015FY, 2016

Revenue

229.8 k47 k33 k47 k

Cost of goods sold

137.7 k

Gross profit

92.1 k

Gross profit Margin, %

40%
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.1 m

Accounts Receivable

145.2 k

Current Assets

145.2 k210 k50 k310 k431 k1.1 m989 k992 k990 k996 k990 k

PP&E

554.9 k14.1 k9 k3 k1.8 m1.8 m1.8 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2015FY, 2016

Net Income

(584.9 k)(688 k)(249 k)95 k1.5 m206 k1 k10 k22 k

Cash From Operating Activities

(618.5 k)(152 k)(114 k)

Cash From Financing Activities

1.6 m252 k(36 k)(1 m)

Net Change in Cash

1.1 m(1.1 m)
GBPY, 2016

Financial Leverage

1 x
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