Sector: Energy | Industry: Renewable Energy Equipment & Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 3 Great Pasture Rd DANBURY CT 06810-8153 |
Tel: | 1-203-8307494 |
Website: | https://www.fuelcellenergy.com |
IR: | See website |
Key People | ||
Jason B. Few President, Chief Executive Officer, Director | Michael S. Bishop Chief Financial Officer, Executive Vice President, Treasurer | Michael J. Lisowski Chief Operating Officer, Executive Vice President |
Anthony J. Leo Executive Vice President, Chief Technology Officer | Joshua Dolger Executive Vice President, General Counsel, Corporate Secretary | Mark Feasel Executive Vice President, Chief Commercial Officer |
Business Overview |
FuelCell Energy, Inc. is engaged in delivering environmentally responsible distributed baseload energy platform solutions through its fuel cell technology. The Company is a global manufacturer of stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. Its commercial technology produces electricity, heat, hydrogen, and water while separating carbon for utilization and/or sequestration. Its product portfolio is based on two electrochemical platforms, carbonate, and solid oxide. Both platforms can support power generation and combined heat and power applications using a variety of fuels, including natural gas, renewable biogas, and hydrogen. Its Carbonate platforms use a mixture of reforming and electrolysis, while solid oxide platforms can be used for pure hydrogen electrolysis. Its solid oxide platform operates on pure hydrogen fuel. Its commercial platforms include SureSource 1500, SureSource 3000, SureSource 4000 and SureSource Hydrogen. |
Financial Overview |
For the three months ended 31 January 2024, FuelCell Energy Inc revenues decreased 55% to $16.7M. Net loss applicable to common stockholders increased 6% to $20.6M. Revenues reflect Revenues decrease of 88% to $1.6M, Product decrease from $9.1M to $0K. Higher net loss reflects Other (expense) income, net decrease from $49K (income) to $3.7M (expense), Other Research and development expenses increase of 13% to $14M (expense). |
Employees: | 629 as of Jan 31, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $427.97M as of Jan 31, 2024 |
Annual revenue (TTM): | $103.01M as of Jan 31, 2024 |
EBITDA (TTM): | -$125.11M as of Jan 31, 2024 |
Net annual income (TTM): | -$111.94M as of Jan 31, 2024 |
Free cash flow (TTM): | -$548.04M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 451,862,054 as of Mar 1, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |