FuelCell Energy, Inc. (FCEL)

FuelCell Energy Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	123.39	130.48	69.59	70.87	60.75
Revenue Growth (YoY)	-5.43%	87.52%	-1.81%	16.66%	-32.07%
Cost of Revenue	133.93	160.06	85.22	78.6	82.02
Gross Profit	-10.54	-29.58	-15.64	-7.73	-21.27
Selling, General & Admin	64.53	79.62	37.95	26.64	31.87
Research & Development	61.02	34.53	11.32	4.8	13.79
Operating Expenses	125.55	114.15	49.26	31.44	45.66
Operating Income	-136.08	-143.72	-64.9	-39.17	-66.93
Interest Expense / Income	7.25	6.39	7.36	15.29	10.62
Other Expense / Income	-36.34	-8.22	28.79	34.6	-0.09
Pretax Income	-106.99	-141.9	-101.05	-89.06	-77.46
Income Tax	0.58	0.82	0	0.05	0.11
Net Income	-107.57	-142.72	-101.06	-89.11	-77.57
Preferred Dividends	3.2	3.2	3.2	3.33	22.68
Net Income Common	-110.77	-145.92	-104.26	-92.44	-100.25
Shares Outstanding (Basic)	420	383	335	222	55
Shares Outstanding (Diluted)	420	383	335	222	55
Shares Change	9.55%	14.46%	50.81%	302.97%	698.72%
EPS (Basic)	-0.26	-0.38	-0.31	-0.42	-1.82
EPS (Diluted)	-0.26	-0.38	-0.31	-0.42	-1.82
Free Cash Flow	-232.61	-158.82	-143.67	-68.69	-64.4
Free Cash Flow Per Share	-0.55	-0.41	-0.43	-0.31	-1.17
Gross Margin	-8.54%	-22.67%	-22.47%	-10.90%	-35.01%
Operating Margin	-110.28%	-110.15%	-93.27%	-55.26%	-110.17%
Profit Margin	-89.77%	-111.83%	-149.82%	-130.43%	-165.01%
Free Cash Flow Margin	-188.51%	-121.71%	-206.46%	-96.92%	-106.00%
EBITDA	-72.88	-112.71	-72.27	-52.94	-54.48
EBITDA Margin	-59.06%	-86.38%	-103.86%	-74.70%	-89.68%
Depreciation & Amortization	26.86	22.8	21.42	20.83	12.35
EBIT	-99.74	-135.51	-93.69	-73.77	-66.84
EBIT Margin	-80.83%	-103.85%	-134.64%	-104.09%	-110.01%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).