Last A$0.04 AUD
Change Today -0.002 / -4.76%
Volume 387.9K
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As of 1:49 AM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

ceramic fuel cells ltd (CFU) Snapshot

Open
A$0.04
Previous Close
A$0.04
Day High
A$0.04
Day Low
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52 Week High
03/14/13 - A$0.10
52 Week Low
05/16/13 - A$0.04
Market Cap
63.7M
Average Volume 10 Days
1.3M
EPS TTM
A$-0.02
Shares Outstanding
1.6B
EX-Date
--
P/E TM
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Current Stock Chart for CERAMIC FUEL CELLS LTD (CFU)

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ceramic fuel cells ltd (CFU) Details

Ceramic Fuel Cells Limited engages in the development and commercialization of power generating products based on its ceramic solid oxide fuel cell (SOFC) technology. The company develops, manufactures, and markets SOFC products for small-scale, micro combined heat and power, and distributed generation applications that co-generate electricity and heat for homes and businesses. Its products include BlueGen, a small-scale generator for residential and light commercial applications to co-generate electricity for consumption and export to the grid, and heat for hot water; Gennex fuel cell module to integrate with appliances, such as condensing boilers, heat pumps, and air circulation systems; and ceramic powder for applications in fuel cells, thermal barrier coatings, and biomedical and dental implants, as well as high temperature products, such as thread guides and fibre optic connectors. The company offers its BlueGen for residential and light commercial applications through direct sales and distributors; and Gennex to heating and appliance manufacturers. Ceramic Fuel Cells Limited sells its products in Germany, the United Kingdom, Switzerland, the Netherlands, Italy, Japan, Australia, and the United States. The company was founded in 1992 and is headquartered in Noble Park, Australia.

113 Employees
Last Reported Date: 02/27/13
Founded in 1992

ceramic fuel cells ltd (CFU) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: A$191.9K
Chief Operations Officer
Total Annual Compensation: A$178.8K
Chief Technology Officer
Total Annual Compensation: A$173.0K
General Manager of Business Development
Total Annual Compensation: A$228.9K
General Manager of Business Development
Total Annual Compensation: A$168.0K
Compensation as of Fiscal Year 2012.

ceramic fuel cells ltd (CFU) Key Developments

Ceramic Fuel Cells Limited Reports Quarterly Cash flow Report for the Period Ended 31 March 2013

Ceramic Fuel Cells Limited reported quarterly cash flow report for the period ended 31 March 2013. For the period, the company net operating cash outflow was AUD 6.6 million (GBP 4.4 million) which was approximately AUD 2.0 million (GBP 1.3 million) greater than the two previous quarters principally due to the delay in sales discussed above and the resultant reduction in receipts from customers. Net investing cash flows for the quarter was an inflow of AUD 2.0 million (GBP 1.3 million) arising from the release of AUD 2.2 million (GBP 1.5 million) from a security deposit used to provide a bank guarantee in relation to grant received from the NRW Government in Germany.

Ceramic Fuel Cells Limited to Increase Production Capacity

Ceramic Fuel Cells Limited announced that the plant's production throughput can be increased above 1,500 units per year without additional capital spending, by operational efficiencies (such as improving processes and production flow, reducing furnace cycle times, loading and unloading times, robot optimisation), more flexible work practices (the plant is currently operating on a single shift); and by continuing to outsource the manufacturing and assembly of components and sub-assemblies. Modest investments in multiple tooling will also increase production levels. To further increase production (funds permitting), the company intends to make further capital expenditures to increase furnace capacity to around 3,000 - 3,500 stacks per year. It is expected that this capital expenditure would be approximately $1.5 million.

Ceramic Fuel Cells Limited Receives Order from Ewe for 60 mCHP Units

Ceramic Fuel Cells Limited received a binding order for 60 integrated mCHP units from German energy service provider EWE. This order starts the final phase of the development and demonstration programme for integrated mCHP generators agreed with EWE in 2010. Delivery is scheduled for June to December 2013.

 

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TEV/Sales 8.3x
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