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.

Sheffield, GB
Size (employees)
72 (est)
Itm Power was founded in 2004 and is headquartered in Sheffield, GB
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Key People/Management at Itm Power

Graham Cooley

Graham Cooley

Simon Bourne

Simon Bourne


Itm Power Office Locations

Itm Power has offices in Stuttgart, Munich, Sheffield and London
Sheffield, GB (HQ)
22 Atlas Way
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Itm Power Financials and Metrics

Itm Power Financials

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

Revenue (FY, 2017)

2.4 m

Gross profit (FY, 2017)

658 k

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

(3.8 m)

Market capitalization (27-Oct-2017)

104.9 m

Closing share price (27-Oct-2017)


Cash (30-Apr-2017)

3 m
Itm Power's current market capitalization is £104.9 m.
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


9 k8 k480 k87 k1.1 m1.6 m1.9 m2.4 m

Revenue growth, %


Cost of goods sold

9 k6 k297 k138 k2 m1 m1.5 m1.8 m

Gross profit

2 k183 k(51 k)(899 k)590 k447 k658 k
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


183 k6.9 m21.8 m16.9 m12.2 m6.6 m1.9 m9.8 m6.6 m3.3 m3 m

Accounts Receivable

14 k264 k292 k38 k37 k2 m6.5 m11.1 m


95 k70 k12 k12 k193 k762 k512 k291 k760 k

Current Assets

32 m27.6 m22.1 m17.7 m13.3 m7.5 m7.7 m11.7 m11.2 m10.1 m14.8 m
GBPY, 2017


33.5 k

Financial Leverage

1.5 x
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