Enapter AG

Green Hydrogen with AEM Electrolysis: Investing in a greener future

With Enapter, you are investing in a technology company whose products make a significant contribution to the decarbonization of industry and the stability of energy systems. Enapter is the market leader in AEM electrolysers – innovative devices that produce green hydrogen. The company’s patented and proven anion exchange membrane (AEM) technology does not require expensive and rare raw materials such as iridium and, thanks to its unique modular design, enables maximum yield from fluctuating renewable energies such as solar and wind, resulting in highly efficient production of green hydrogen.

Thousands of Enapter AEM electrolysers are already in use by more than 360 customers in over 55 countries in the fields of energy storage, industrial applications, refuelling, power-to-X and research.

The Enapter Group is headquartered in Germany, has a research and production site in Italy and a joint venture with the Wolong Group in China.

 

Investor Presentation

_Enapter at a glance

Coins 31.6 M Total revenue FY 2023* in Euro
Operating hours 114% Revenue growth (FY2022-FY2023)*
Revenue Guidance 34.0 M Revenue guidance FY2024* in Euro

*Enapter AG Consolidated Financial Statements as of 31.12.2023

Financial report 2024


The Enapter Financial Report 2024 highlights the company’s continued investment in green hydrogen technology, with growing revenues and strategic progress toward scalable production.

Download Annual Report
Report 2023

_Stock price values and information

Revenue Guidance
Basic information
  • Registered Office: Heidelberg, Germany
  • Stock exchange: Frankfurt / Hamburg (Regulated Market)
  • Bloomberg Ticker: H2O GR
  • ISIN: DE000A255G02

Enapter Share

Clients
Major shareholders (as of May 2025)
  • Blugreen Company Ltd.*: 47.6%
  • Svelland Global Trading Master Fund Limited: 15.27%
  • Morgan Stanley: 5.04%
  • Sergei Storozhenko: 4.41%
  • Johnson Matthey: 3.62%
  • Other Shareholders: 24.06%

* Sebastian-Justus Schmidt, Founder

_Company announcements and publications

announcements
Announcements
See more
Annual General Meeting
Annual General Meeting
See more
Research Reports
Research Reports
See more
Press Releases and Reviews
Press Releases and Reviews
See more

_Enapter AG Financial Calendar

Financial calendar fiscal year 2025
  • February – Advance publication of unaudited annual results for 2024
  • March/April – Supervisory Board meeting on the financial statements
  • March 19, 14:00 CET – Roundtable with Enapter AG organized by mwb research
  • March/April – Publication of the 2024 Annual Report
  • July – Annual General Meeting
  • August – Publication of the 2025 half-yearly financial report
  • November 24 till November 26 – German Equity Forum (Eigenkapitalforum), Frankfurt am Main
  • January 29, 2026 – Pareto Securities Power & Renewable Energy Conference

_Board of Directors

Dr Juergen Laakmann
Dr. Jürgen Laakmann
CEO
  • 20+ years of management experience in strategy consulting, automotive and tech
  • Extensive experience in Private Equity and M&A​
  • Previously CEO at Formel D Gruppe, responsible for opening 20+ international offices and daughter companies​
Gerrit Kaufhold
CFO
  • Part of Enapter’s growth since the reverse-merger in 2020
  • Previously tax advisor and auditor for a Big-Four accounting company
  • Managing partner of an auditing company for many years
Ivan Gruber
Ivan Gruber
CTO
  • Responsible for Operations, Engineering and R&D
  • 15+ years of management experience in hydrogen, automotive, tech and strategy consulting
  • Extensive experience in managing multi-site engineering teams & operations

_Supervisory Board

Armin Steiner
Armin Steiner

SB Chairman, Enapter SB Member, zoo.de Ex-CFO, Beta System

Ragnar Kruse
Ragnar Kruse

SB Member, Enapter Co-Founder, AI.HAMBURG Co-Founder, Smaato

Eva Katheder
Eva Katheder

SB Member, Enapter SB Member, H2 Core AG

Prof. Dr. Christof Wetter
Prof. Dr. Christof Wetter

SB Member, Enapter SB Member, 2G
 Professor, FH Münste

_Articles of Association

We provide you with the current version of Enapter AG’s Articles of Association

Articles of Association of Enapter AG
Enapter-Articles-of-Associaton-10-2024 (pdf, 130 kb)
Gerrit Kaufhold
CFO