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AFC Energy

Current Price 33.40p Bid 33.00p Ask 33.50p Change -6.05%
Last Updated: 03/12/2020 11:00. Prices delayed by at least 15 minutes.
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Company Overview

The company is engaged in developing alkaline fuel cell systems that use hydrogen to produce clean electricity. Alkaline fuel cells have been around for some time. First developed back in 1839, they were used to power the US manned space missions, but at that time the technology was too expensive to be commercially-viable. The company is completely focused on developing a low cost fuel cell system. Alkaline fuel cells are among the most efficient with electrical efficiency at over 60% and achieve lower costs through an operating temperature of just 70 degrees centigrade. The lower the temperature, the lower the cost of the materials needed to create a working and reliable electrode and system, so the fuel cell system is being developed utilising low cost injected moulded plastic and rubber sealants.

Financial Highlights Year Ended 31/10/2019

Revenue
£n/am
Operating Profit/Loss
£-3.57m
Dividend yield (%)
n/a
Total dividend for year
n/ap
Dividend cover
n/a
P/E Ratio
n/a

Key Personnel

Mr Adam Steven Bond
Chief Executive Officer
Mr Richard Tuffill
Chief Finance Officer
Mr Richard Dunkley
Chief Financial Officer
Mr Jim Gibson
Chief Operating Officer
Mr Graeme Lewis
Finance Director
Mr John Rennocks
Non-Executive Chairman
Dr Gerry Agnew
Non-Executive Director
Mr Eugene Alexander
Non-Executive Director
Mr Joe Mangion
Non-Executive Director

Stock Details

EPIC
AFC
ISIN
GB00B18S7B29
Shares in Issue
675.99m
Market cap
£225.80m

Analyst Views (1)

Strong Buy
 
0%
Buy
 
0%
Hold
 
100.00%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
33.40p
Bid Price
33.00p
Ask Price
33.50p
Volume
2,248,733
Change Today
-2.15p
% Change Today
-6.05%
Open
36.45p
Previous Close
35.55p
Intraday High
36.90p
Intraday Low
33.05p
52 Week High
37.70p
52 Week Low
11.70p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Oct 2019
31 Oct 2018
 
£ (M)
£ (M)
Continuing Operations
Revenue
n/a
n/a
Operating Profit/Loss
-3.57
-4.96
Net Interest
-0.05
n/a
Pre-Tax Profit
-3.62
-4.96
Profit After Tax from continuing operations
-2.85
-4.33
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
-2.85
-4.33
Attributable to:
Equity Holders of Parent Company
-2.85
-4.33
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Oct 2019
31 Oct 2018
Basic
-0.68p
-1.10p
Diluted
-0.68p
-1.10p
Adjusted
-0.68p
-1.10p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Oct 2019
31 Oct 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
0.76
0.29
Intangible Assets
0.61
0.44
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
0.10
0.16
Trade & Other Receivables
1.15
1.54
Cash at Bank & In Hand
1.33
2.55
Current Asset Investments
n/a
n/a
Other Current Assets
0.26
0.27
Other Assets
n/a
n/a
Total Assets
4.20
5.26

Liabilities

Year End Date
31 Oct 2019
31 Oct 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
0.11
n/a
Other Current Liabilities
0.67
0.64
Total Current Liabilities
0.78
0.64
Non-Current Liabilities
Borrowings
0.26
n/a
Provisions
0.30
0.30
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
0.56
0.30
Other Liabilities
n/a
n/a
Total Liabilities
1.34
0.94

Net Assets

Year End Date
31 Oct 2019
31 Oct 2018
 
£ (M)
£ (M)
Net Assets
2.86
4.32

Capital & Reserves

Year End Date
31 Oct 2019
31 Oct 2018
 
£ (M)
£ (M)
Share Capital
0.45
0.39
Share Premium Account
47.39
45.51
Other Reserves
2.20
2.91
Retained Earnings
-47.19
-44.49
Shareholders Funds
2.86
4.32
Minority Interests/Other Equity
n/a
n/a
Total Equity
2.86
4.32

Dividend History

Dividend Metrics

Year End Date
31 Oct 2019
31 Oct 2018
Dividend growth
n/a%
n/a%
Dividend yield
n/a%
n/a%
Dividend cover
n/a
n/a
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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