Fuel Cell Energy
Financials
Estimates*
| USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenues | 60.8m | 70.9m | 69.6m | 130m | 123m | 104m | 213m |
| % growth | (32 %) | 17 % | (2 %) | 88 % | (5 %) | (16 %) | 105 % |
| EBITDA | (66.8m) | (38.5m) | (65.6m) | (140m) | (116m) | - | - |
| % EBITDA margin | (110 %) | (54 %) | (94 %) | (107 %) | (94 %) | - | - |
| Profit | (77.6m) | (89.1m) | (101m) | (143m) | (108m) | - | - |
| % profit margin | (128 %) | (126 %) | (145 %) | (109 %) | (87 %) | - | - |
| R&D budget | 13.8m | 4.8m | 11.3m | 34.5m | 61.0m | - | - |
| R&D % of revenue | 23 % | 7 % | 16 % | 26 % | 49 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | IPO | |
$30.0m | Post IPO Equity | ||
| N/A | $38.0m | Convertible | |
| N/A | $31.6m | Post IPO Equity | |
$25.0m | Post IPO Debt | ||
$8.0m | Grant | ||
N/A | Post IPO Debt | ||
* | $200m | Post IPO Debt | |
$6.8m | Grant | ||
* | $87.0m | Post IPO Debt | |
| Total Funding | €48.0m | ||
Recent News about Fuel Cell Energy
EditFuelCell Energy is a company focused on providing sustainable energy solutions by decarbonizing power and producing hydrogen. It serves a diverse range of clients including utilities, independent power producers, industrial sectors, and municipalities. Operating in the clean energy market, FuelCell Energy offers platforms that assist in power generation, carbon capture, hydrogen production, and energy storage. The business model revolves around selling and servicing fuel cell power plants, as well as providing long-term maintenance and operational support. Revenue is generated through the sale of power plants, service agreements, and the sale of electricity and hydrogen produced by their systems. With a commitment to reducing carbon emissions to net zero by 2050, FuelCell Energy aims to transform energy strategies for businesses and communities worldwide.
Keywords: Decarbonization, Hydrogen Production, Carbon Capture, Power Generation, Energy Storage, Utilities, Industrial Applications, Microgrids, Clean Energy, Sustainability.