Financials

Estimates*

Edit
Revenues, earnings & profits over time
SEK20192020202120222023
Revenues66.9m104m160m245m310m
% growth-55 %54 %53 %27 %
EBITDA(54.7m)(46.4m)(42.5m)(22.9m)(21.3m)
% EBITDA margin(82 %)(45 %)(27 %)(9 %)(7 %)
Profit438m(117m)(75.1m)(58.2m)(63.0m)
% profit margin655 %(113 %)(47 %)(24 %)(20 %)
R&D budget82.9m73.1m80.2m92.3m114m
R&D % of revenue124 %71 %50 %38 %37 %

Source: Dealroom estimates

  • Edit
DateInvestorsAmountRound
-

N/A

-

SEK200m

-

SEK30.0m

Grant

$8.6m

Early VC

$8.5m

Early VC
N/A

€982k

-
N/A

N/A

-
Total Funding€41.8m

Recent News about PowerCell Sweden

Edit
More about PowerCell Swedeninfo icon
Edit

PowerCell is a pioneering company in the field of hydrogen electric fuel cells, dedicated to creating zero-emission power generation solutions. The company serves a diverse range of clients including industrial sectors, transportation, and stationary applications. Operating in the renewable energy market, PowerCell's business model revolves around the development, manufacturing, and sale of fuel cell systems that run on pure or reformed hydrogen. These systems generate electricity and heat without emitting harmful pollutants, contributing to a fossil-free world. PowerCell makes money through the sale of its fuel cell products, as well as through service agreements and partnerships with other companies in the energy sector. The company is known for its innovative approach and commitment to sustainability, ensuring that its technology meets the highest standards of efficiency and environmental responsibility.

Keywords: hydrogen fuel cells, zero-emission, renewable energy, sustainable power, industrial applications, transportation, stationary applications, fossil-free, innovative technology, environmental responsibility.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.