May 23, 2013

Bloom Energy is most likely not profitable even after 11 years. Balance sheet at negative $873 million

...Bloom Energy is most likely not profitable even after 11 years. Bloom Energy CFO Bill Kurtz had said that the company was "half way to break even" in the Summer of 2012. Primack previously reported that Bloom's retained earnings through Q3 2012 stood at negative $873 million, with $113 million left in the bank, and with positive gross margins on a pro forma basis.

A field of Bloom box fuel cells

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