earnings
confidence high
sentiment negative
materiality 0.75
FuelCell Energy Q4 revenue $39.2M; FY2022 net loss $147.2M, loss from ops $143.7M
FUELCELL ENERGY INC
2022-FY EPS reported
-$0.38
revenue$130,484,000
- Q4 revenues $39.2M (up from $13.9M YoY); gross loss $(15.2M) vs $(8.4M); loss from ops $(42.7M) vs $(22.6M).
- FY2022 total revenues $130.5M (+88% YoY); loss from ops $(143.7M) vs $(64.9M); net loss $(147.2M) vs $(101.0M); Adjusted EBITDA $(91.7M) vs $(40.7M).
- Backlog $1.09B as of Oct 31, 2022 vs $1.288B a year earlier; unrestricted cash $458.1M.
- Extended ExxonMobil joint development agreement through Aug 31, 2023; micro-grid at Groton Navy Base achieved commercial ops.
- Solid oxide electrolysis platform with NuScale for Ukraine hydrogen & ammonia; 250kW solid oxide order from Trinity College.