AFC Energy PLC has released a year-end trading update for the financial year ending in October 2024, reporting a robust financial performance with revenue of approximately £4.0 million. This revenue surpassed market expectations, primarily attributed to sales of hydrogen fuelled power generators to Speedy Hire Services for lease to customers of Speedy Hire plc. The company's unaudited cash and cash equivalents at the end of October 2024 stood at £15.4 million, with additional trade receivables. AFC Energy also improved its manufacturing capability to produce an initial fleet of hydrogen-powered generators for a joint venture with Speedy. Moreover, AFC Energy's entry into the MENA region under the TAMGO Distribution Agreement marked the first sale of a hydrogen fuelled power generator paired with a battery energy storage system, indicating a rising demand for clean energy solutions. The company's launch of the Hyamtec Division focused on ammonia cracker technology development, crucial for localized hydrogen production and industrial decarbonisation. CEO Gary Bullard expressed satisfaction with the company's progress in expanding its capabilities and meeting demand in the construction sector, emphasizing the commitment to driving decarbonisation and sustainable energy solutions. AFC Energy's positive outlook is reinforced by its focus on scaling production, enhancing operational efficiency, and fostering strategic partnerships to drive growth in the clean energy sector.