ITM Power PLC

ITM Power PLC

0.97
EUR
-0.07
(-6.89%)
558.86MMarket Cap
Feb 03Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.03
0.04
- -
Basic EPS, GAAP
-0.05
-0.06
-0.03
-0.02
-0.02
-0.02
-0.03
-0.07
-0.05
-0.08
-0.16
-0.04
-0.07
- -
Free Cash Flow per Basic Share
-0.05
-0.06
-0.06
-0.06
-0.04
-0.06
-0.05
-0.06
-0.07
-0.09
-0.14
-0.11
-0.05
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.06
0.07
0.06
0.05
0.05
0.11
0.08
0.12
0.36
0.64
0.48
0.44
0.36
0.34
Tangible Book Value per Share
0.06
0.07
0.06
0.05
0.05
0.11
0.08
0.11
0.35
0.63
0.46
0.42
0.34
0.32
Basic Weighted Avg Shares
121
133
166
185
223
288
325
398
507
577
615
617
617
617
Sales/Revenue/Turnover
- -
1
2
2
2
3
5
3
4
6
5
17
26
- -
Operating Margin (%)
-7,306.9
-707.9
-350.03
-225.85
-147
-197.81
-203.68
-893.19
-624.14
-795.02
-1,896.73
-220.9
-159.22
- -
Depreciation Expense
1
1
1
1
1
2
2
3
3
3
4
6
7
- -
Net Income, GAAP
-6
-8
-6
-4
-4
-6
-9
-30
-28
-47
-101
-27
-46
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-6,785.06
-691.13
-344.16
-207.25
-156.52
-186.29
-205.95
-898.24
-647.88
-829.82
-1,935.38
-164.9
-174.79
- -
Working Capital
6
9
8
8
8
31
20
46
180
373
298
250
191
171
LT Debt
- -
- -
- -
- -
- -
- -
- -
6
6
7
7
12
11
13
Total Equity
7
11
10
12
13
36
26
56
197
395
296
269
224
211
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-78.27
-84.76
-52.73
-36.4
-30.6
-25.14
-30.59
-72.14
-21.88
-15.76
-29.31
-9.65
-18.47
- -

Capital Structure

GBP

•

in mil. unless spec.
Oct'25
Apr'25
Oct'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
12
11
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
616
616
616
Market Capitalization
248
191
494

Working Capital

GBP

•

in mil. unless spec.
Oct'25
Apr'25
Oct'26
Total Current Assets
300
284
277
Cash, Cash Equivalents & STI
203
207
198
Accounts Receivable, Net
24
3
28
Inventories
73
56
51
Total Current Liabilities
77
92
106
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
58.69%
60.68%
-16.55%
Free Cash Flow
22%
19.52%
-49.38%
Net Income, GAAP
46.78%
34.62%
67.19%
Sales/Revenue/Turnover
41.85%
65.58%
57.73%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
17
2025
- -
- -
26
2026
- -
- -
- -

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.04
2025
- -
- -
-0.07
2026
- -
- -
- -

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Dennis Schulz
Full Time Employees
306
Sector
Producer manufacturing
Industry
Electrical products
Address
2 Bessemer Park Sheffield SY United Kingdom S9 1DZ
IPO Date
Jun 11, 2004
Business
ITM Power Plc designs, manufactures and integrates electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen using renewable electricity and water; core products include the NEPTUNE II (2 MW autonomous plug-and-play unit), NEPTUNE V (5 MW containerised plant), POSEIDON (20 MW module), TRIDENT stack platform and the full-scope ALPHA 50 (50 MW green hydrogen plant), serving applications in power-to-X, mobility, industry, grid balancing, energy storage, clean fuels and sectors such as steel, cement, chemicals, aviation and shipping. Founded in 2000 and headquartered in Sheffield, UK, the company operates its largest electrolyser factory there alongside additional Sheffield sites and a customer service facility in Germany, with projects deployed primarily in Europe including the UK, Norway, Germany and Spain, and expanding into APAC. Recent developments encompass a capacity reservation agreement with RWE for 150 MW of NEPTUNE V units following the GetH2 Nukleus project; selection by Stablegrid Group for 710 MW of grid-balancing projects in Germany including a 30 MW NEPTUNE V plant and 680 MW indoor capacity; contracts for REFHYNE II 100 MW with Shell, three NEPTUNE V units totalling 40 MW, POSEIDON for MorGen Energy's 20 MW West Wales project, a NEPTUNE II unit for a Spanish cement producer and FEED studies totalling 180 MW; inauguration of a 24 MW plant for Yara in Norway and commissioning of a 4 MW RWE pilot in Germany; launch of Hydropulse in June 2025 as a build-own-operate model for decentralised plants using NEPTUNE technology; board changes including new CFO Amy Grey, Non-Executive Directors Sir Warren East and John Howarth, and incoming Chair Jürgen Nowicki effective January 2026; and revenue growth to £26 million for FY25 ended April 2025 with a £145 million order backlog.

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