Bedrijfsoverzicht
Brenmiller Energy Ltd. is a developer and producer of thermal energy storage (TES) systems that utilize proprietary technology to facilitate electrification and decarbonization efforts. The company operates within the Utilities sector, specifically focusing on the Utilities - Renewable industry, which implies a focus on generating power from sustainable sources and managing energy distribution. Brenmiller Energy Ltd. maintains a market capitalization of $1.42M and reports an annual revenue of $387,000 for the trailing twelve months. The company employs an unspecified number of individuals, as employee data is not publicly disclosed in the available records. The minimal market capitalization combined with low annual revenue suggests that the company is currently a micro-cap entity with a limited operational footprint relative to larger utility peers. These valuation metrics indicate that the firm is in an early-stage development phase where capital allocation is likely directed toward technology maturation rather than established cash-flow generation. The business model centers on the bGen TES system, which dispatches thermal energy on demand in the form of steam, providing a specific utility function for industrial or commercial heating applications.
Financiële gezondheid
Brenmiller Energy Ltd. reported a revenue of $387,000 for the trailing twelve months, yet simultaneously posted a net income of $-23,360,000 and an EBITDA of $-12,177,000. The substantial and disproportionate gap between the modest revenue figure and the massive net loss reveals a highly aggressive or unsustainable cost structure where operating expenses far exceed all income generated. The company generated a free cash flow of $-5,633,000, indicating a significant cash outflow that severely limits financial flexibility and the ability to fund operations without external financing. Gross margin stands at 0.0%, operating margin is -3291.5%, and profit margin is 0.0%, collectively indicating that the company is not profitable on either a gross or net basis and is burning capital rapidly. Regarding liquidity and leverage, the company holds $4.91M in cash against total debt of $5.84M, resulting in a debt-to-equity ratio of 167.23 which characterizes the balance sheet as highly leveraged and risky. The current ratio of 1.33 suggests that the company has sufficient current assets to cover its current liabilities, though the margin of safety is narrow given the high debt load. Return on Equity is -348.5% and return on assets is -65.2%, metrics that reveal management is currently destroying shareholder value and utilizing assets inefficiently to generate returns.
Waarderingsbeoordeling
Trailing P/E and forward P/E ratios are both listed as N/A due to the lack of positive earnings, which implies that traditional earnings-based valuation models cannot be applied to assess future earnings trajectory. The price-to-book ratio is 0.12, indicating that the market values the company's equity at a fraction of its book value, reflecting a significant discount rather than a premium. The price-to-sales ratio is 3.68 and the EV/EBITDA is -0.11, suggesting that investors are pricing the company based on its asset base and revenue potential rather than earnings power or cash flow generation. The 52-week high is $51.80 and the 52-week low is $0.55, meaning the stock price has experienced extreme volatility ranging from a negligible floor to a price point roughly 97% below the recent peak. A beta of -0.63 is noted, which is an atypical metric for equities, suggesting the stock price moves inversely to the broader market or possesses unique risk characteristics that differ from standard utility sector volatility profiles.
Growth & Income
Revenue growth year-over-year and earnings growth year-over-year are both listed as N/A, preventing a direct comparison of whether earnings are growing faster or slower than revenue growth rates. The company does not pay dividends, evidenced by a dividend yield of N/A and a payout ratio of 0.0%, which means all available earnings, including the significant losses, are retained within the business. Consequently, the company reinvests earnings into growth initiatives or operational improvements rather than distributing income to shareholders. The overall growth and income profile is characterized by a complete absence of dividend income and undefined historical growth rates, positioning the asset purely as a speculative investment reliant on future technological adoption and market entry rather than current financial performance.