Elcogen
A manufacturer of efficient and high-performance fuel cells to help enable a clean energy future.
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 29 % | 89 % | (3 %) | (123 %) | (55 %) | (3981 %) | 28 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (160 %) | (53 %) | (61 %) | - | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (205 %) | (81 %) | (114 %) | 1272 % | 4827 % | (102 %) | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
Elcogen is a leading manufacturer of advanced ceramic anode-supported solid oxide cells and stacks, which are crucial components in fuel cell systems. These systems convert fuel into electricity with high efficiency, making them a promising technology for various energy applications. Elcogen operates primarily in the European market and serves a diverse range of clients, including those in the renewable energy sector, marine applications, and commercial vehicle industries.
The company’s business model revolves around producing and selling its proprietary solid oxide cells and stacks. These products are designed to operate at lower temperatures, which reduces costs and extends their lifespan. By leveraging low-cost materials and efficient system designs, Elcogen can offer high-performance solutions at a competitive price. This makes their products attractive to manufacturers looking to commercialize fuel cell systems globally.
Elcogen generates revenue through the sale of its cells and stacks to manufacturers who integrate these components into their own fuel cell systems. The company also benefits from funding and grants, such as those from the European Horizon 2020 research and innovation program. This financial support helps Elcogen to continue innovating and scaling its production capabilities.
One of the standout features of Elcogen’s technology is its high energy conversion efficiency. The company has achieved a world record in primary energy conversion efficiency to electricity at 74%. This high efficiency, combined with the ability to use various fuels and the modularity of their systems, makes Elcogen’s products highly versatile and scalable.
In summary, Elcogen is at the forefront of solid oxide fuel cell technology, offering high-efficiency, cost-effective solutions for a variety of energy applications. Their innovative approach and strong market presence position them well for continued growth and success.
Keywords: Solid Oxide Cells, Fuel Cells, High Efficiency, Renewable Energy, Low Cost, Modular Systems, Energy Storage, Marine Applications, Commercial Vehicles, European Market.