Bloom Energy Corp (N:BE)

Business Focus: Portable Motors & Generators

Sector:  Industrials Industry:  Electrical Components & Equipment
See Regulatory Filings on SEC
Company Contact
Address: 4353 N 1st St
SAN JOSE CA 95134-1259
Tel: N/A
IR: See website
Key People
.. Sridhar
CEO, Co-Founder
Bill Kurtz
Chief Financial Officer
Gary L. Convis
Chief Operating Officer
Venkat Venkataraman
Executive VP & CTO
Matt Ross
Chief Marketing Officer
Business Overview
Bloom Energy, Corp. is a company that provides solid oxide fuel cell technology. The Company's technology generates onsite power from multiple fuel sources. It offers Bloom Energy Server, a solid oxide fuel cell technology energy server that is a distributed power generator, which produces electricity at the customer site. In an Energy Server, multiple stacks are aggregated together into a power module, and then multiple power modules, along with a common fuel input and electrical output are assembled as a complete system. The Company offers its services to the banking, financial services, cloud services, data centers, technology, communications and media, consumer packaged goods and consumables, government, healthcare, hospitality, logistics, manufacturing, real estate, and retail industries. Its manufacturing facilities are located in California and Delaware.
Financial Overview
For the six months ended 30 June 2019, Bloom Energy Corp revenues increased 28% to $434.5M. Net loss applicable to common stockholders increased from $63.4M to $146.7M. Revenues reflect Product increase of 40% to $321.6M, Service increase of 18% to $46.9M. Higher net loss reflects Stock-based Compensation in SGA increase from $6.4M to $43.4M (expense), Stock-based Compensation in R&D increase from $3.4M to $26.4M (expense).
Employees: 1,524 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $746.45M as of Jun 30, 2019
Annual revenue (TTM): $838.29M as of Jun 30, 2019
EBITDA (TTM): -$218.22M as of Jun 30, 2019
Net annual income (TTM): -$325.02M as of Jun 30, 2019
Free cash flow (TTM): $39.20M as of Jun 30, 2019
Net Debt Last Fiscal Year: $360.20M as of Jun 30, 2019
Shares outstanding: 116,340,921 as of Aug 5, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization