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.

Company Growth (employees)
Type
Public
HQ
Sheffield, GB
Founded
2004
Size (employees)
72 (est)
Itm Power was founded in 2004 and is headquartered in Sheffield, GB

Key People at Itm Power

Graham Cooley

Graham Cooley

CEO
Simon Bourne

Simon Bourne

CTO

Itm Power Office Locations

Itm Power has offices in Sheffield, London
Sheffield, GB (HQ)
22 Atlas Way

Itm Power Metrics

Itm Power Financial Metrics

Revenue (2016)

£1.9 m

Revenue growth (2015-16), %

18%

Gross profit

£447 k

Gross profit margin (2016), %

23%

Market capitalization (22-Mar-2017)

£38.5 m

Closing share price (22-Mar-2017)

£0.2
Itm Power's current market capitalization is £38.5 m.
Itm Power's revenue was reported to be £1.9 m in FY, 2016 which is a 18% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

£87 k£1.1 m£1.6 m£1.9 m

Revenue growth, %

1195%45%18%

Cost of goods sold

£138 k£2 m£1 m£1.5 m

Gross profit

(£51 k)(£899 k)£590 k£447 k

Gross profit Margin, %

(59%)(80%)36%23%

Operating expense total

£7.1 m£6.3 m£4.8 m

Itm Power Market Value History

Itm Power Online Presence

Itm Power Company Life

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