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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 |
|---|---|---|---|---|---|---|---|
74 Outperform | £1.15B | 41.91 | 4.10% | 2.84% | -6.95% | -52.08% | |
74 Outperform | £7.36B | 24.62 | 17.68% | 1.21% | -1.97% | 40.55% | |
73 Outperform | £1.11B | 46.15 | 18.87% | 1.34% | 14.88% | 45.73% | |
66 Neutral | £2.74B | 28.05 | 16.97% | 1.90% | 1.93% | -15.07% | |
65 Neutral | £574.97M | 20.61 | 8.04% | 5.00% | -7.30% | -59.71% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | £493.90M | -10.94 | -18.47% | ― | 57.73% | -67.12% |
ITM Power Corporate Events
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.
ITM Power announced the successful passing of all resolutions at its Annual General Meeting, including the appointment of BDO LLP as the new auditor, effective immediately, replacing Grant Thornton LLP. The meeting also confirmed changes in the board with Sir Warren East and John Howarth joining as Non-Executive Directors, indicating a strategic shift in governance and oversight, potentially impacting the company’s future operations and stakeholder relations.
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 signed a Front-End Engineering Design (FEED) contract for the NEPTUNE V project, which is part of the UK’s Hydrogen Allocation Round 2 (HAR2). The project involves multiple 5MW containerised green hydrogen plants and is expected to be operational by 2028, pending a Final Investment Decision. This contract highlights the NEPTUNE V’s position as a leading solution for mid-scale green hydrogen projects, potentially strengthening ITM Power’s market presence and offering significant implications for stakeholders involved in the green hydrogen sector.
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 entered into a capacity reservation agreement with RWE for 150MW of its NEPTUNE V units, marking significant repeat business with a major industrial partner. This agreement highlights the growing demand for ITM Power’s containerised green hydrogen solutions and underscores RWE’s confidence in ITM’s technology and delivery capabilities, reinforcing ITM’s strategic position in the green hydrogen industry.
The most recent analyst rating on (GB:ITM) stock is a Hold with a £63.00 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.
ITM Power plc has announced the latest transactions under its Buy as You Earn (BAYE) Share Incentive Plan, where executive directors Simon Bourne and Dennis Schulz purchased and were awarded shares. This initiative allows employees to purchase shares monthly, with the company matching their purchase on a one-to-one basis. The transactions, conducted on the London Stock Exchange’s AIM, reflect ITM Power’s commitment to employee investment in the company, potentially strengthening internal stakeholder alignment and confidence in its market strategy.
The most recent analyst rating on (GB:ITM) stock is a Hold with a £63.00 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.
The recent earnings call for ITM Power Plc painted a largely positive picture, underscoring the company’s robust financial health and strategic advancements. Despite some challenges with legacy contracts and a slowdown in the U.S. market, the overall sentiment was optimistic, buoyed by strong revenue growth, a substantial contract backlog, and significant operational improvements. The introduction of new business models and technological innovations further bolstered the company’s outlook.
ITM Power’s subsidiary, Hydropulse, has partnered with ABO Energy to advance green hydrogen projects by combining their expertise in hydrogen production and renewable energy development. This strategic collaboration aims to provide Hydrogen-as-a-Service and Infrastructure-as-a-Service, focusing on Europe, particularly Spain and Finland, to offer industrial customers reliable hydrogen supply without upfront investment, thus accelerating market traction and emissions reduction.
The most recent analyst rating on (GB:ITM) stock is a Sell with a £0.51 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.
ITM Power plc has announced the acquisition and awarding of shares to its Executive Directors under the Buy as You Earn (BAYE) Share Incentive Plan. This initiative allows employees to purchase ordinary shares, with the company matching these purchases on a one-for-one basis, reflecting ITM Power’s commitment to aligning management interests with shareholder value and enhancing employee engagement.
The most recent analyst rating on (GB:ITM) stock is a Hold with a £59.00 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.
ITM Power announced strong financial results for FY25, with a revenue increase of over 50% year-on-year, reflecting significant growth and commercial momentum. The company reported a record order backlog and emphasized its strategic focus on operational excellence and technological innovation, positioning itself as a leader in the green hydrogen industry. ITM Power’s advancements in manufacturing quality and product reliability, along with its robust cash position, support its confident scale-up strategy. The company is actively involved in landmark projects and continues to expand its market presence, driven by accelerating demand for green hydrogen solutions.
The most recent analyst rating on (GB:ITM) stock is a Hold with a £59.00 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.
ITM Power has signed a supply agreement with MorGen Energy for the 20MW West Wales Hydrogen project in Milford Haven, UK, marking a significant advancement in the UK’s Hydrogen Allocation Round 1. The project, which will utilize ITM’s POSEIDON electrolyser platform, is expected to begin by year-end and aims to supply industrial clusters and support green transport in Wales. This collaboration highlights ITM Power’s leadership in green hydrogen solutions and underscores the project’s potential to create jobs, strengthen supply chains, and position Wales at the forefront of the green hydrogen economy.
The most recent analyst rating on (GB:ITM) stock is a Hold with a £59.00 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 that its preliminary results for the year ending 30 April 2025 will be released on 14 August 2025. The company’s CEO, CFO, and CTO will present these results to analysts and investors, providing an opportunity for stakeholders to engage with the company’s leadership. This announcement is significant as it offers insights into ITM Power’s operational performance and strategic direction, potentially impacting its market positioning and investor relations.
The most recent analyst rating on (GB:ITM) stock is a Buy with a £60.00 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.