Actual Facts concerning Afc Energy !7 Feb 2024 13:30
1. The world's most efficient 99.99% Hydrogen cracker technology , proven & in the process now of being Modulerised to replace the wolrds existing Dirty Diesal engine's. This Technology if Afc has a infinite number of other applications. This alone is going to bring in a massive increase in Revenues for Afc.
2. £1.4 million of deferred revenue from last year to be recognised this year end.
3. Other Revenues increasing all the time.
4. Revenue from supplying the Hydrogen oroduced by our Cracker Technology supplying numerous & increasing customers every week.
5. Contract with Tamgo yo supply construction equipment in Saudi Arabia & 16 other countries in the Middle East & North Africa ( This will be a massive revenue increase for Afc on its own. The NEOM project alone in Saudi is of a phenominal size.
6. Speedy Hire joint venture will also see a massive revenue increase from new & existing customers already Trialing our equipment Speedy Hire have already stated the intrest from their customers for Afc energys Equipment is huge.
7. ABB, another one of our long term partners covering EV chargers, shipping, data centres rtc will shortly be announcing an update on the next stage for orders etc.
8. Acciona another important partner that's been successfully Trialing & ordering our Equipment!
9. Numerous other customers & increasing genuine intrest.
Things are looking fantastic for the near future of AFC ENERGY & I'm sure everyone will be very pleased with further news released during 2024 & 2025.