Bloom Energy Corp (N:BE)

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
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Key People
K. R. Sridhar
Chairman of the Board, Chief Executive Officer, Founder
Deepak Shukla
Head of Service and Systems Operations
Daniel Berenbaum
Chief Financial Officer
Satish Chitoori
Chief Operating Officer
Sonja Wilkerson
Chief People Officer
Carlton Cottuli
Senior Vice President '�� Development Engineering
Ravi Prasher
Chief Technology Officer
Aman Joshi
Chief Commercial Officer
James Roth
Head of Government Affairs and Policy
Timothy Schweikert
Head of International Sales
   
Business Overview
Bloom Energy Corporation provides technology solutions to customers. The Company manufactures advanced and versatile energy platforms, which deliver two products: the Bloom Energy Server and the Bloom Electrolyzer. With over 1.2 gigawatts of Energy Servers operating in more than 1,200 locations and seven countries. Its solid oxide fuel cell technology platform is the foundation for its Energy Servers and Electrolyzers. Its power generation platform, the Bloom Energy Server, is designed to deliver reliable, resilient, clean and affordable energy for utilities and organizations alike. The Energy Server platform can be utilized in various applications: Carbon capture, Combined heat & power, Waste to Energy and Marine Fuel Cells. The Bloom Electrolyzer is designed to produce hydrogen solutions based on the same solid oxide platform as its Energy Server. The Bloom Electrolyzer is ideal for applications across gas, utilities, nuclear, concentrated solar, ammonia and heavy industries.
Financial Overview
For the three months ended 31 March 2024, Bloom Energy Corp revenues decreased 14% to $235.3M. Net loss decreased 20% to $57.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Sales and marketing - Balancing value decrease of 46% to $11.5M (expense), Research and development decrease of 18% to $30.4M (expense).
Employees: 2,377 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $3,294M as of Mar 31, 2024
Annual revenue (TTM): $1,294M as of Mar 31, 2024
EBITDA (TTM): -$137.27M as of Mar 31, 2024
Net annual income (TTM): -$288.07M as of Mar 31, 2024
Free cash flow (TTM): -$283.69M as of Mar 31, 2024
Net Debt Last Fiscal Year: $774.44M as of Mar 31, 2024
Shares outstanding: 227,020,024 as of May 7, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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