AFC.L
Company Description
AFC Energy plc engages in the development of alkaline fuel cell technology and allied equipment for the generation of clean energy in the United Kingdom. The company offers HydroX-Cell(L), an alkaline fuel cell module; HydroX-Cell(S); and AlkaMem, an anionic exchange membrane technology for alkaline water electrolysis, alkaline fuel cells, fuel synthesis, electrodialysis, desalination, acid remediation, salt water batteries, and REDOX flow batteries applications. It also provides auxiliary equipment, such as ammonia crackers, water electrolyzes, invertors, battery and fuel storage products, and battery management systems. The company sells its products for industrial applications, such as mobility, construction and temporary power, maritime, data centres, and rail. The company was incorporated in 2006 and is headquartered in Cranleigh, the United Kingdom.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 125,000 | 4.00M | 227,000 | 582,000 | 592,800 | 0 | 0 | 387 | 230,610 | 967,606 | 2.26M | 782,236 |
| Net Income | (22.20M) | (17.42M) | (17.48M) | (16.45M) | (9.38M) | (4.22M) | (2.85M) | (4.33M) | (4.93M) | (5.66M) | (4.78M) | (5.44M) |
| EPS | -0.02 | -0.02 | -0.02 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.02 | -0.02 |
| Free Cash Flow | (12.57M) | (26.31M) | (14.81M) | (15.35M) | (10.34M) | (4.14M) | (2.66M) | (4.05M) | (3.82M) | (3.57M) | N/A | N/A |
| FCF / Share | -0.01 | -0.03 | -0.02 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | N/A | N/A |
| Operating CF | (11.84M) | (18.91M) | (13.14M) | (12.63M) | (8.44M) | (3.25M) | (2.44M) | (3.96M) | (3.70M) | (3.49M) | N/A | N/A |
| Total Assets | 42.45M | 36.57M | 36.24M | 50.68M | 63.14M | 34.82M | 4.20M | 5.26M | 9.26M | 6.20M | N/A | N/A |
| Total Debt | 179,000 | 664,000 | 1.12M | 996,000 | 906,131 | 259,799 | 373,230 | 7,574 | 18,418 | 22,049 | N/A | N/A |
| Cash & Equiv | 14.32M | 15.37M | 27.37M | 40.83M | 55.99M | 31.57M | 1.33M | 2.55M | 6.68M | 2.91M | N/A | N/A |
| Book Value | 36.40M | 30.27M | 31.09M | 45.74M | 59.89M | 33.02M | 2.86M | 4.32M | 8.41M | 4.90M | N/A | N/A |
| Return on Equity | -0.61 | -0.58 | -0.56 | -0.36 | -0.16 | -0.13 | -1.00 | -1.00 | -0.59 | -1.15 | N/A | N/A |
| Metric | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 | Q4 2022 | Q2 2022 | Q4 2021 | Q2 2021 | Q4 2020 | Q2 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 108,000 | 17,000 | 3.59M | 408,000 | 26,000 | 201,000 | 306,410 | 275,590 | 443,738 | 149,062 | 0 | 0 |
| Net Income | (12.05M) | (10.15M) | (9.10M) | (8.32M) | (11.22M) | (6.25M) | (8.65M) | (7.80M) | (6.06M) | (3.32M) | (2.40M) | (1.82M) |
| EPS | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 |
| Free Cash Flow | (4.61M) | (8.06M) | (8.99M) | (12.71M) | (5.56M) | (9.17M) | (8.71M) | (6.64M) | (4.65M) | (5.69M) | (1.74M) | (2.40M) |
| FCF / Share | -0.00 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.00 | -0.01 |
| Operating CF | (4.40M) | (7.55M) | (7.62M) | (11.12M) | (5.17M) | (7.90M) | (7.68M) | (4.95M) | (4.60M) | (3.85M) | (1.06M) | (2.19M) |
| Total Assets | 42.45M | 27.70M | 36.57M | 28.13M | 36.24M | 46.71M | 50.68M | 57.39M | 63.14M | 67.46M | 34.82M | 5.80M |
| Total Debt | 179,000 | 415,000 | 664,000 | 495,000 | 1.12M | 1.32M | 996,000 | 756,102 | 906,131 | 1.09M | 259,799 | 317,010 |
| Cash & Equiv | 14.32M | 4.26M | 15.37M | 12.29M | 27.62M | 33.35M | 40.83M | 49.19M | 55.99M | 61.55M | 31.57M | 2.78M |
| Book Value | 36.40M | 21.34M | 30.27M | 23.23M | 31.09M | 42.00M | 45.74M | 52.31M | 59.89M | 64.77M | 33.02M | 4.78M |
| Return on Equity | -0.33 | -0.48 | -0.30 | -0.36 | -0.36 | -0.15 | -0.19 | -0.15 | -0.10 | -0.05 | -0.07 | -0.38 |