AFC Energy plc (AFGYF)

AFC Energy Income Statement

Financials in millions GBP. Fiscal year is November - October.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Revenue	0.13	4	0.23	0.58	0.59
Revenue Growth (YoY)	-96.88%	1663.00%	-61.00%	-1.69%	-
Cost of Revenue	2.81	5.87	0.29	0.47	0.58
Gross Profit	-2.68	-1.87	-0.07	0.12	0.02
Selling, General & Admin	15.9	15.57	18.33	8.9	6.49
Research & Development	-	-	-	9.01	3.1
Amortization of Goodwill & Intangibles	1.05	0.08	0.11	0.47	0.11
Other Operating Expenses	-0.29	-0.43	0.03	0.19	0.04
Operating Expenses	22.78	17.7	19.95	19.73	10.43
Operating Income	-25.46	-19.57	-20.02	-19.61	-10.41
Interest Expense	-0.03	-0.04	-0.07	-0.04	-0.04
Interest & Investment Income	0.21	0.32	0.51	0.14	0.02
Currency Exchange Gain (Loss)	-0.03	-	0.02	0.02	-0
Other Non Operating Income (Expenses)	-0.01	-0.01	-0.01	-0	-0.01
EBT Excluding Unusual Items	-25.31	-19.31	-19.56	-19.49	-10.44
Gain (Loss) on Sale of Assets	-0.15	-	-	-	-
Pretax Income	-25.45	-19.31	-19.56	-19.49	-10.44
Income Tax Expense	-3.26	-1.89	-2.09	-3.04	-1.06
Net Income	-22.2	-17.42	-17.48	-16.45	-9.38
Net Income to Common	-22.2	-17.42	-17.48	-16.45	-9.38
Shares Outstanding (Basic)	921	785	741	735	706
Shares Outstanding (Diluted)	921	785	741	735	706
Shares Change (YoY)	17.42%	5.83%	0.91%	4.01%	33.57%
EPS (Basic)	-0.02	-0.02	-0.02	-0.02	-0.01
EPS (Diluted)	-0.02	-0.02	-0.02	-0.02	-0.01
Free Cash Flow	-12.35	-21.86	-14.75	-15.17	-10.62
Free Cash Flow Per Share	-0.01	-0.03	-0.02	-0.02	-0.01
Gross Margin	-	-46.63%	-29.52%	19.76%	2.53%
Operating Margin	-20364.80%	-489.00%	-8819.38%	-3369.76%	-1758.45%
Profit Margin	-17756.00%	-435.26%	-7698.24%	-2825.77%	-1584.12%
Free Cash Flow Margin	-9877.60%	-546.30%	-6496.04%	-2606.36%	-1793.75%
EBITDA	-21.68	-17.45	-18.81	-18.18	-9.87
D&A For EBITDA	3.78	2.12	1.21	1.43	0.54
EBIT	-25.46	-19.57	-20.02	-19.61	-10.41

Source: S&P Global Market Intelligence. Standard template. Financial Sources.