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ITM Power
(LSE:ITM)
ITM Power (ITM) vs. iShares MSCI United Kingdom ETF (EWC)
ITM Power Business Overview & Revenue Model
ITM Power Earnings Call Summary
ITM Power Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.04M | 26.04M | 16.51M | 5.23M | 5.63M | 4.28M |
| Gross Profit | -27.55M | -23.69M | -16.66M | -83.01M | -34.32M | -14.74M |
| EBITDA | -42.49M | -37.00M | -31.68M | -96.05M | -42.93M | -24.85M |
| Net Income | -45.52M | -45.52M | -27.22M | -101.20M | -46.69M | -27.70M |
Balance Sheet | ||||||
| Total Assets | 341.96M | 341.96M | 381.78M | 402.32M | 458.17M | 229.07M |
| Cash, Cash Equivalents and Short-Term Investments | 207.04M | 207.04M | 230.35M | 283.33M | 366.18M | 176.08M |
| Total Debt | 12.33M | 12.33M | 12.70M | 7.81M | 7.15M | 6.49M |
| Total Liabilities | 117.71M | 117.71M | 113.06M | 106.81M | 63.21M | 31.62M |
| Stockholders Equity | 224.25M | 224.25M | 268.72M | 295.51M | 394.95M | 197.45M |
Cash Flow | ||||||
| Free Cash Flow | -23.91M | -32.94M | -65.08M | -83.11M | -49.01M | -32.01M |
| Operating Cash Flow | -15.36M | -20.02M | -50.58M | -67.99M | -37.85M | -20.06M |
| Investing Cash Flow | -12.79M | -2.65M | -795.00K | -10.90M | -15.38M | -12.49M |
| Financing Cash Flow | -667.00K | -667.00K | -891.00K | -95.00K | 243.13M | 168.72M |
ITM Power Technical Analysis
ITM Power Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | £6.48B | 28.10 | 23.79% | 1.29% | -0.32% | -3.96% | |
75 Outperform | £7.73B | 25.24 | 17.68% | 1.26% | -1.97% | 40.55% | |
73 Outperform | £1.75B | 44.13 | 35.23% | 1.01% | 24.42% | 103.25% | |
67 Neutral | £638.20M | 23.33 | 8.04% | 4.87% | -7.30% | -59.71% | |
66 Neutral | £2.81B | 28.90 | 16.97% | 2.04% | 1.93% | -15.07% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
46 Neutral | £396.35M | -8.68 | -18.47% | ― | 57.73% | -67.12% |
ITM Power Corporate Events
ITM Power has signed a 12.5MW contract with Octopus Energy Generation to deploy its NEPTUNE V green hydrogen systems at Kimberly-Clark’s Northfleet manufacturing plant for decarbonizing paper production. Green hydrogen will support an innovative dual-fuel boiler system, aiding Kimberly-Clark’s ambition for 100% renewable energy and showcasing the vital role of hydrogen in reducing emissions for energy-intensive industries. The facility is expected to begin operations by the end of 2027, marking a significant development for green hydrogen adoption in industrial processes.
The most recent analyst rating on (GB:ITM) stock is a Hold with a £68.00 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.
ITM Power has announced the issuance of incentive shares to its executives as part of the Buy as You Earn program (BAYE). Through this initiative, employees can purchase shares monthly, matched on a one-to-one basis by the company. This announcement highlights the company’s commitment to employee engagement and retention while also reinforcing management alignment with shareholder interests, which could positively influence stakeholder confidence and industry positioning.
The most recent analyst rating on (GB:ITM) stock is a Hold with a £68.00 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.
ITM Power has secured two significant engineering contracts, one for a Basic Design Engineering Package in Australia and another for a Front-End Engineering Design project in Canada, with a combined capacity of 70 MW. These contracts will utilize ITM’s NEPTUNE V containerised green hydrogen production plants, marking a strategic expansion into the Australian and Canadian markets and reinforcing ITM’s position in the green hydrogen industry.
The most recent analyst rating on (GB:ITM) stock is a Hold with a £68.00 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.
ITM Power has reported a record revenue of £18.0 million for the first half of 2025, despite an adjusted EBITDA loss of £11.9 million, and maintains a robust cash position of £197 million. The company is experiencing strong demand for its NEPTUNE V and ALPHA 50 hydrogen plants, and has made significant progress on major projects like the 100 MW PEM plant for RWE in Lingen. With a solid sales pipeline and continued advancements in product development, ITM Power is positioned as a reliable partner in the evolving hydrogen market, particularly in Europe where infrastructure investments are accelerating.
The most recent analyst rating on (GB:ITM) stock is a Hold with a £68.00 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.
ITM Power has been selected by Stablegrid Group as the technology partner for two significant energy infrastructure projects in Germany, totaling 710 MW of electrolyser capacity. These projects aim to enhance grid stability and reduce redispatch costs by using hydrogen storage to balance electricity supply and consumption. The first project, ‘Netzbrücke 410’, involves a 30 MW green hydrogen plant, while the second project will see the installation of 680 MW of electrolyser capacity. This collaboration underscores ITM Power’s prominent role in the energy transition within Europe’s largest economy.
The most recent analyst rating on (GB:ITM) stock is a Hold with a £68.00 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.
ITM Power has announced the participation of its Executive Directors in the company’s Buy as You Earn (BAYE) Share Incentive Plan. Under this scheme, employees can purchase up to £150 of ordinary shares monthly, with the company matching these purchases on a one-for-one basis. This initiative reflects ITM Power’s commitment to aligning the interests of its management with those of its shareholders, potentially enhancing stakeholder confidence and reinforcing its market position in the renewable energy sector.
The most recent analyst rating on (GB:ITM) stock is a Hold with a £82.00 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.
ITM Power has launched ALPHA 50, a 50MW green hydrogen plant designed to set a new global standard in scalable and cost-effective hydrogen production. This new flagship product is compact, easily configurable for larger plants, and can be deployed globally. With superior energy efficiency and competitive pricing, ALPHA 50 aims to transform the industry by offering unmatched value and setting a new standard for large-scale hydrogen projects.
The most recent analyst rating on (GB:ITM) stock is a Buy with a £1.15 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.
ITM Power has announced the purchase and awarding of shares to its Executive Directors under the Buy as You Earn (BAYE) Share Incentive Plan. This initiative allows employees to purchase shares with the company matching these purchases on a one-for-one basis, reflecting ITM Power’s commitment to employee investment and engagement. The recent transactions involve the purchase and matching of 354 shares each for Simon Bourne, Chief Technology Officer, and Dennis Schulz, Chief Executive Officer, at a price of £0.84514 per share. This move is likely to strengthen the company’s internal stakeholder alignment and enhance its market positioning by demonstrating confidence in its growth and sustainability strategies.
The most recent analyst rating on (GB:ITM) stock is a Buy with a £1.15 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.