Ferrocell Energy
Everything that has happened with this deal, newest first — the updates, calls and financials they've sent, and the money that's come back.
Events
15
on the record
Documents
14
13 read & summarised
Distributions
0
cash returned
Invested
$4.00M
2026-01-01
History
15 shown
2026
09-30
Ferrocell commissions its 10 MWh pilot
Update
5 figures
The 10 MWh pilot at a utility site was commissioned and is cycling daily; round-trip efficiency is in line with the lab data. Revenue of $2.79M was 20% behind the $3.47M budget, up 38% on a year earlier. The EBITDA loss of $3.84M leaves $6.95M of cash, about 5 months at that burn.
06-30
Ferrocell misses its Q2 2026 plan by 18%
Significant
Update
5 figures
Revenue of $2.53M was 18% behind the $3.09M budget, up 40% on a year earlier. The EBITDA loss of $3.03M leaves $10.8M of cash, about 11 months at that burn. Volumes remain well below the acquisition plan, and the lender has been briefed on the reset.
03-31
Ferrocell: Q1 2026 revenue 15% behind plan
Significant
Update
5 figures
Revenue of $2.35M was 15% behind the $2.76M budget, up 38% on a year earlier. The EBITDA loss of $3.29M leaves $13.9M of cash, about 13 months at that burn. Management has cut the full-year outlook and is holding hiring until volumes recover.
01-15
Ferrocell 2024 budget approved: revenue $5.33M
Financials
The board-approved 2024 budget plans revenue of $5.33M, 40% above 2023's actual revenue, and an EBITDA loss of $6.24M funded from the balance sheet.
01-15
Ferrocell 2025 budget approved: revenue $8.39M
Financials
The board-approved 2025 budget plans revenue of $8.39M, 56% above 2024's actual revenue, and an EBITDA loss of $9.82M funded from the balance sheet.
01-15
Ferrocell 2026 budget approved: revenue $13.2M
Financials
The board-approved 2026 budget plans revenue of $13.2M, 73% above 2025's actual revenue, and an EBITDA loss of $15.5M funded from the balance sheet.
01-01
Invested $4.00M
2025
12-31
Ferrocell: Q4 2025 figures from the diligence data room
Update
5 figures
A historical quarterly package shared before closing. Revenue of $2.12M and EBITDA of -$2.71M for Q4 2025, read for the history rather than as a report to us.
12-31
Ferrocell FY2025 audit carries a going-concern paragraph
Significant
Financials
The auditors' opinion on FY2025 includes a going-concern paragraph pending the next financing. Audited revenue of $7.65M and an EBITDA loss of $9.72M agree with the packages to within 0.5%.
09-30
Ferrocell: Q3 2025 figures from the diligence data room
Update
5 figures
A historical quarterly package shared before closing. Revenue of $2.03M and EBITDA of -$2.75M for Q3 2025, read for the history rather than as a report to us.
06-30
Ferrocell: Q2 2025 figures from the diligence data room
Update
5 figures
A historical quarterly package shared before closing. Revenue of $1.81M and EBITDA of -$2.17M for Q2 2025, read for the history rather than as a report to us.
03-31
Ferrocell: Q1 2025 figures from the diligence data room
Update
5 figures
A historical quarterly package shared before closing. Revenue of $1.70M and EBITDA of -$2.09M for Q1 2025, read for the history rather than as a report to us.
2024
12-31
Ferrocell: Q4 2024 figures from the diligence data room
Update
5 figures
A historical quarterly package shared before closing. Revenue of $1.50M and EBITDA of -$1.83M for Q4 2024, read for the history rather than as a report to us.
09-30
Ferrocell: Q3 2024 figures from the diligence data room
Update
5 figures
A historical quarterly package shared before closing. Revenue of $1.42M and EBITDA of -$1.98M for Q3 2024, read for the history rather than as a report to us.
Undated
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Legal document
Legal document
Every entry is a real record — click a filename to open the original in SharePoint. Documents in grey are on file but haven't been read yet, so they show as an event without a summary; run the extractor to fill them in. “Significant” marks an update that changes the investment case, as opposed to routine reporting.