Attached files
| file | filename |
|---|---|
| EX-10.64 - EXHIBIT 10.64 - FUELCELL ENERGY INC | ex1064.htm |
| 8-K - FORM 8-K - FUELCELL ENERGY INC | a8-kxdebtagreement.htm |
| EX-10.61 - EXHIBIT 10.61 - FUELCELL ENERGY INC | ex1061.htm |
FuelCell Energy, Inc.
Historic 2012 Revenue & Cost of revenue based on new reporting format
(000's)
Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | FY 2012 | ||||||||||||||||
Revenues: | ||||||||||||||||||||
Product sales | $ | 26,202 | $ | 18,657 | $ | 21,023 | $ | 29,068 | $ | 94,950 | ||||||||||
Service and license revenues 1 | 3,398 | 3,454 | 6,546 | 4,785 | 18,183 | |||||||||||||||
Advanced technologies contract revenues | 1,737 | 2,042 | 2,124 | 1,567 | 7,470 | |||||||||||||||
Total revenues | 31,337 | 24,153 | 29,693 | 35,420 | 120,603 | |||||||||||||||
Cost of revenues: | ||||||||||||||||||||
Cost of product sales | 23,360 | 18,139 | 22,433 | 29,944 | 93,876 | |||||||||||||||
Cost of service and license revenues | 4,300 | 3,942 | 7,888 | 2,915 | 19,045 | |||||||||||||||
Cost of advanced technologies contract revenues | 1,573 | 1,871 | 2,110 | 1,683 | 7,237 | |||||||||||||||
Total costs of revenues | 29,233 | 23,952 | 32,431 | 34,542 | 120,158 | |||||||||||||||
Gross profit (loss): | ||||||||||||||||||||
Gross profit (loss)- product sales | 2,842 | 518 | (1,410) | (876) | 1,074 | |||||||||||||||
Gross profit (loss) - service and license revenues | (902) | (488) | (1,342) | 1,870 | (862) | |||||||||||||||
Gross profit (loss) - advanced technologies contract revenues | 164 | 171 | 14 | (116) | 233 | |||||||||||||||
Total gross profit (loss) | $ | 2,104 | $ | 201 | $ | (2,738 | ) | $ | 878 | $ | 445 | |||||||||
Gross margin | ||||||||||||||||||||
Gross margin - product sales | 10.8 | % | 2.8 | % | -6.7 | % | -3.0 | % | 1.1 | % | ||||||||||
Gross margin - service and license revenues | -26.5 | % | -14.1 | % | -20.5 | % | 39.1 | % | -4.7 | % | ||||||||||
Gross margin - advanced technologies contract revenues | 9.4 | % | 8.4 | % | 0.7 | % | -7.4 | % | 3.1 | % | ||||||||||
Total gross margin | 6.7 | % | 0.8 | % | -9.2 | % | 2.5 | % | 0.4 | % | ||||||||||
(1) Beginning in fiscal year 2013, license fee and royalty income have been included within revenue. Classification of license fee income as revenue is reflective of our Asia market partnership and royalty based strategy and this business activity becoming an ongoing significant component of our central operations. In fiscal year 2012, license fee income was recorded in Other income and expense.
Note: Commentary on year-over-year changes in Revenue and Cost of revenues components is available in the 2012 Form 10-K, Results of Operations, pages 43 &44; and Q1-2013 Form 10-Q, Results of operations, pages 15-17.