Craft

ITM Power

Stock Price

£0.5

2024-06-21

Market Capitalization

£290.8 M

2024-06-21

Revenue

£5.2 M

FY, 2023

ITM Power Summary

Company Summary

Overview
ITM Power is a company that designs and manufactures products that generate hydrogen gas, based on proton exchange membrane (PEM) technology. It develops and manufactures prototype products and offers electrolysis equipment, automotive fuel, hydrogen, electrolyzer, and hydrogen storage solutions. The company serves the automotive and energy markets.
Type
Public
Status
Active
Founded
2002
HQ
Rotherham, GB | view all locations
Website
https://itm-power.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Dennis Schulz
  • Simon Bourne

    Simon Bourne, Chief Technology Officer

  • Andy Allen

    Andy Allen, Chief Financial Officer and Director

  • Tim Calver

Operating MetricsView all

Target Markets

3

FY, 2022

Backlog

£171M
44.1%

FY, 2021

Strategic Partners

6
50.0%

FY, 2022

LocationsView all

4 locations detected

  • Rotherham, England HQ

    United Kingdom

    2 Bessemer Park, Bessemer Way

  • Queensland, QLD

    Australia

    2/32 Main St

  • Hungen, HE

    Germany

    Am Mühlgraben 6

  • Sheffield, England

    United Kingdom

    Unit 7-9 Shepcote Enterprise Park Europa Drive

ITM Power Financials

Summary Financials

Revenue (H1, 2024)
£8.9M
Gross profit (H1, 2024)
(£5.5M)
Net income (H1, 2024)
(£18.3M)
Cash (H1, 2024)
£253.7M
EBIT (H1, 2024)
(£24.3M)
Enterprise value
$44.4M

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