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 growth (2015-16), %
Gross profit margin (2016), %
Market capitalization (22-Mar-2017)
Closing share price (22-Mar-2017)
|FY, 2013||FY, 2014||FY, 2015||FY, 2016|
|£87 k||£1.1 m||£1.6 m||£1.9 m|
Revenue growth, %
Cost of goods sold
|£138 k||£2 m||£1 m||£1.5 m|
|(£51 k)||(£899 k)||£590 k||£447 k|
Gross profit Margin, %
Operating expense total
|£7.1 m||£6.3 m||£4.8 m|