Itm Power

Energy & Utilities Manufacturing & Industrial alternative energy cleantech energy storage hydrogen

ITM Power designs and manufactures Hydrogen Energy Systems for Energy Storage and Clean Fuel production.
ITM Power is committed to clean sustainable energy solutions based around water electrolysis. Our principal motivation is to engineer zero-carbon hydrogen energy systems that provide energy security and independence from fossil fuels.
ITM's electrolyser and fuel cell technologies have the potential to become the cornerstones of a future hydrogen economy based on 'green' hydrogen. Our hydrogen systems are able to convert renewable energy to a clean fuel, that can be indefinitely stored for use in transport, residential and industrial applications.

Revenue(FY, 2017)

£2.4 M

Market capitalization(2017-10-27)

£104.9 M

Type

Public

Sheffield, GB

Founded

2004

Size (employees)

72 (est)

Website

itm-power.com

Itm Power was founded in 2004 and is headquartered in Sheffield, GB

Report incorrect company information

Key People/Management at Itm Power

Graham Cooley

CEO

Simon Bourne

CTO

Report incorrect company information

Itm Power Office Locations

Itm Power has offices in Stuttgart, Munich, Sheffield and London

Sheffield, GB (HQ)

22 Atlas Way

Show all (4)

Report incorrect company information

Itm Power Financials and Metrics

Itm Power Financials

Itm Power's revenue was reported to be £2.42 m in FY, 2017

Summary

GBP
Revenue (FY, 2017)	2.4 m
Gross profit (FY, 2017)	658 k
Gross profit margin (FY, 2017), %	27.2%
Net income (FY, 2017)	(3.8 m)
Market capitalization (27-Oct-2017)	104.9 m
Closing share price (27-Oct-2017)	0.4
Cash (30-Apr-2017)	3 m

Itm Power's current market capitalization is £104.9 m.

Income Statement

GBP	FY, 2008	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Revenue	9 k	8 k	480 k	87 k	1.1 m	1.6 m	1.9 m	2.4 m
Revenue growth, %					1195%	45%	18%
Cost of goods sold	9 k	6 k	297 k	138 k	2 m	1 m	1.5 m	1.8 m
Gross profit		2 k	183 k	(51 k)	(899 k)	590 k	447 k	658 k

show all

Balance Sheet

GBP	FY, 2007	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Cash	183 k	6.9 m	21.8 m	16.9 m	12.2 m	6.6 m	1.9 m	9.8 m	6.6 m	3.3 m	3 m
Accounts Receivable	14 k	264 k				292 k	38 k	37 k	2 m	6.5 m	11.1 m
Inventories		95 k	70 k	12 k		12 k	193 k	762 k	512 k	291 k	760 k
Current Assets	32 m	27.6 m	22.1 m	17.7 m	13.3 m	7.5 m	7.7 m	11.7 m	11.2 m	10.1 m	14.8 m

show all

Cash Flow

GBP	FY, 2007	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Net Income	(2.7 m)	(4 m)	(5.2 m)	(5.1 m)	(5.8 m)	(6.2 m)	(5.9 m)	(7.8 m)	(5.6 m)	(4 m)	(3.8 m)
Cash From Operating Activities	3.4 m	5.2 m	(5.5 m)	(4.6 m)	(4.6 m)	(5.3 m)	(5.4 m)	(6.7 m)	(6.7 m)	(7.1 m)	(5 m)
Cash From Financing Activities	28.7 m	8 k		42 k	442 k	101 k	5.4 m	11.4 m	4.8 m	5.4 m	5.5 m
Net Change in Cash	138 k	(24.9 m)	14.8 m	(4.9 m)	(4.8 m)	(10.6 m)	383 k	7.8 m	(3.3 m)	(3.2 m)	(377 k)