Bloom Energy Corp (N:BE)

Business Focus: Heavy Electrical Equipment

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
IR: See website
Key People
K. R. Sridhar
Chairman of the Board, Chief Executive Officer, Founder
Gregory D. Cameron
Chief Financial Officer, Executive Vice President
Swaminathan Venkataraman
Executive Vice President - Engineering, Chief Technology Officer
Shawn Soderberg
Executive Vice President, General Counsel, Secretary
Susan Seilheimer Brennan
Executive Vice President, Chief Operations Officer
Carl Guardino
Executive Vice President - Government Affairs and Policy
Ramakrishna Pillai
Executive Vice President - Customer Installations Group
Chris White
Executive Vice President, Chief Sales 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 three months ended 31 March 2020, Bloom Energy Corp revenues increased 7% to $156.7M. Net loss decreased 28% to $75.9M. Revenues reflect Asia Pacific segment increase of 20% to $58M. Lower net loss reflects Stock-based Compensation in SGA decrease of 68% to $7.5M (expense), Stock-based Compensation in R&D decrease of 57% to $6.1M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.94 to -$0.61.
Employees: 1,518 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $2,539M as of Mar 31, 2020
Annual revenue (TTM): $741.17M as of Mar 31, 2020
EBITDA (TTM): -$120.31M as of Mar 31, 2020
Net annual income (TTM): -$298.38M as of Mar 31, 2020
Free cash flow (TTM): $95.05M as of Mar 31, 2020
Net Debt Last Fiscal Year: $970.35M as of Mar 31, 2020
Shares outstanding: 125,165,882 as of Apr 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization