Detail akcie AFC Energy online

Business Summary: AFC Energy plc is engaged in the development of fuel cell and fuel processing technology and equipment. The Company provides a flexible range of hydrogen fuel cells and hydrogen carrier fuel conversion technologies for organizations in need of affordable, flexible, clean off-grid power, such as those in construction, electric vehicle (EV) charging, shipping and data centers. Its technology products include H-Power Tower - S Series fuel cell inside and L Series fuel cell generator. Its technology products under development include H-Power Generator - S series fuel cell inside, H-Power Generator - S+ series fuel cell inside, Ammonia cracker - ammonia to hydrogen solution and Methanol Fuel Tower - methanol to hydrogen solution. It offers a range of optional support solutions to accompany its products. It develops fuel cells and related technologies for industrial applications. It focuses on sectors, including maritime, construction, data centers, outdoor events, EV charging and rail.
Financial Summary: BRIEF: For the fiscal year ended 31 October 2023, AFC Energy plc revenues decreased 61% to L227K. Net loss increased 6% to L17.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Payroll costs increase of 87% to L2.3M (expense), Depreciation increase of 11% to L1.1M (expense), Directors costs increase of 6% to L1.7M (expense).