Business description: ITM Power Plc

ITM Power PLC is a United Kingdom-based company, which designs and manufactures electrolysis based on proton exchange membrane (PEM) technology to produce green hydrogen using renewable electricity and water. The Company makes electrolyzes in a range of sizes to suit its customers needs from two megawatts (MW) to projects in excess of 100 MW. Its electrolyze products include TRIDENT, NEPTUNE and POSEIDON. TRIDENT is a PEM electrolyzer stack technology. TRIDENT is a 2 MW electrolyzer skid based on its 30 bar stacks. NEPTUNE is a fully autonomous electrolyzer system. Supplied with a power conversion system and incorporating all necessary balance of the plant, the electrolyzer can be readily deployed as a complete package. POSEIDON is a 20 MW module for large-scale projects. POSEIDON is a modular building block enabling scale up with an optimized footprint. Suitable for both indoor and outdoor installation, it consists of skid-mounted units which can be prefabricated and pre-tested.

Number of employees: 306

Sales by Activity: ITM Power Plc

Fiscal Period: April 2021 (GBP) 2022 (GBP) 2023 (GBP) 2024 (GBP) 2025 (GBP)

Electric Equipment

5.63M 5.63M 5.23M 16.51M 26.04M

Geographical breakdown of sales: ITM Power Plc

Fiscal Period: April 2021 (GBP) 2022 (GBP) 2023 (GBP) 2024 (GBP) 2025 (GBP)

Germany

1.97M 770K 1.75M 6.03M 21.31M

Rest of World

- - - - 1.67M

United Kingdom

2.5M 3.36M 699K 5.9M 1.63M

Rest of Europe

-196K 246K 188K 996K 1.3M

United States

- 22K 244K 216K 131K

Australia

- 1.23M 2.35M 1.71M 5K

Austria

- - - 1.66M -

Executive Committee: ITM Power Plc

Manager TitleAgeSince
Chief Executive Officer - 2022-11-30
Director of Finance/CFO 48 2025-01-05
Chief Operating Officer 51 2021-09-05
Chief Tech/Sci/R&D Officer 50 2001-12-31
Sales & Marketing - 2021-09-05

Composition of the Board of Directors: ITM Power Plc

Director TitleAgeSince
Director/Board Member 50 2009-11-28
Director/Board Member 60 2019-09-15
Director/Board Member - 2023-09-28
Director/Board Member 56 2025-01-14
Director/Board Member 48 2025-01-05
Director/Board Member 65 2025-10-07
Chairman 62 2026-01-14

Shareholders: ITM Power Plc

NameEquities%Valuation
Linde plc /Old/
16.2 %
100,000,000 16.2 % 85 M p
Rathbones Investment Management Ltd.
5.616 %
34,672,000 5.616 % 30 M p
JCB Ltd.
5.098 %
31,470,595 5.098 % 27 M p
4.485 %
27,686,070 4.485 % 24 M p
Deutsche WertpapierService Bank AG
3.521 %
21,735,000 3.521 % 19 M p

Company details: ITM Power Plc

ITM Power Plc

2 Bessemer Park

S9 1DZ, Sheffield

+44 11 4244 5111

http://www.itm-power.com
address ITM Power Plc(ITM)

Group companies: ITM Power Plc

NameCategory and Sector
Electronic Equipment/Instruments
Electronic Equipment/Instruments

Other Electric Utilities

Change 5d. change 1-year change 3-years change Capi.($)
-2.04%-3.25%+131.82%-35.86% 517M
-3.16%-9.66%+172.81% - 213B
-0.12%-2.93%+24.98%+23.42% 190B
-0.44%-4.16%+41.44%+80.25% 149B
-3.92%-3.28%+50.12%+309.58% 115B
-0.60%-7.74%+38.55%+77.62% 109B
+0.29%+0.10%+6.65%+51.53% 109B
+0.68%+1.26%+13.50%+41.68% 103B
-0.13%-1.46%+26.05%+48.79% 71.32B
+0.38%+0.16%+14.52%+15.70% 55.57B
Average -0.91%-3.17%+52.04%+68.08% 111.57B
Weighted average by Cap. -1.05%-3.99%+56.04%+82.93%
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
0.6250GBP
Average target price
0.9864GBP
Spread / Average Target
+57.82%

Quarterly revenue - Rate of surprise

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