Sector: Industrials | Industry: Heavy Electrical Equipment |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 4353 N 1st St SAN JOSE CA 95134-1259 |
Tel: | N/A |
Website: | https://www.bloomenergy.com |
IR: | See website |
Key People | ||
K. R. Sridhar Chairman of the Board, Chief Executive Officer, Founder | Deepak Shukla Senior Vice President '�� Global Services | Gregory D. Cameron President, Chief Financial Officer |
Sonja Wilkerson Chief People Officer, Executive Vice President | Shawn M. Soderberg Executive Vice President, General Counsel, Secretary | Guillermo Brooks Executive Vice President, Sales - Americas |
Ravi Prasher Senior Vice President, Chief Technology Officer | Satish Chitoori Senior Vice President '�� Global Supply Chain Management | Carlton Cottuli Senior Vice President '�� Development Engineering | Jose Hernandez Senior Vice President '�� Manufacturing |
Business Overview |
Bloom Energy Corporation is a provider of commercially viable solid oxide fuel- cell based power generation platform that provides power to businesses, essential services, critical infrastructure and communities. The Company's technology primarily produces electricity and hydrogen. The Company's fuel-flexible Bloom Energy Server uses biogas, hydrogen, natural gas, or a blend of fuels, to create sustainable power. In addition, the solid oxide platform powers its fuel cells, which is used for creating hydrogen. The Company's Bloom Electrolyzer is designed to produce hydrogen solutions and is ideal for applications across gas, utilities, nuclear, concentrated solar, ammonia and heavy industries. Its Bloom Electrolyzer is designed to require less energy to break up water molecules and produce hydrogen. The Company has also adapted its energy servers to advance the decarbonization of the marine industry through the design and development of fuel cell-powered ships. |
Financial Overview |
For the nine months ended 30 September 2023, Bloom Energy Corp revenues increased 33% to $976.6M. Net loss increased 21% to $306.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Interest expense - Balancing value increase from $40.8M to $93.5M (expense), General and administrative increase of 15% to $103M (expense). |
Employees: | 2,530 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $4,181M as of Sep 30, 2023 |
Annual revenue (TTM): | $1,439M as of Sep 30, 2023 |
EBITDA (TTM): | -$195.48M as of Sep 30, 2023 |
Net annual income (TTM): | -$353.80M as of Sep 30, 2023 |
Free cash flow (TTM): | -$621.04M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $735.46M as of Sep 30, 2023 |
Shares outstanding: | 239,848,737 as of Nov 1, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |