ITM Power

ITM Power

Designs and manufactures electrolysers based on proton exchange membrane technology to produce green hydrogen.

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£9.3m

Grant
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2021202220232024202520262027
Revenues0000000000000000000000000000
% growth-32 %(7 %)216 %41 %123 %79 %
EBITDA0000000000000000000000000000
% EBITDA margin(575 %)(733 %)(1762 %)(113 %)(147 %)(53 %)(17 %)
Profit0000000000000000000000000000
% profit margin(648 %)(830 %)(1935 %)(165 %)(150 %)(65 %)(26 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue82 %25 %-----

Source: Company filings or news article, Equity research estimates

More about ITM Power
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ITM Power specializes in the design and manufacture of PEM electrolysers, which are pivotal in producing green hydrogen using renewable energy sources. This technology supports the global transition to net zero by offering a sustainable fuel alternative that does not compromise air quality or the natural balance of oxygen and water in the atmosphere. ITM Power serves industries and businesses aiming to decarbonize their operations, particularly in the transport and industrial sectors. As a publicly listed company on the London Stock Exchange, ITM Power leverages its expertise to provide robust after-sales support and ongoing maintenance, ensuring optimal performance of its systems. The company's business model focuses on selling electrolysers and related services, generating revenue through both product sales and long-term service agreements. With a strong emphasis on research and development, ITM Power continues to innovate in the field of green hydrogen, positioning itself as a key player in the energy transition. Keywords: PEM electrolysers, green hydrogen, net zero, renewable energy, decarbonization, transport, industry, London Stock Exchange, after-sales support, research and development.

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