H-Power plc (AIM:HPOW)

H-Power Balance Sheet

Financials in millions GBP. Fiscal year is November - October.

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Cash & Equivalents	14.32	15.37	27.37	40.22	55.38
Short-Term Investments	11	-	-	-	-
Cash & Short-Term Investments	25.32	15.37	27.37	40.22	55.38
Cash Growth	64.67%	-43.82%	-31.96%	-27.37%	76.91%
Accounts Receivable	1.92	6.74	1.23	1.16	1.02
Other Receivables	3.16	1.52	2.09	4.08	1.58
Total Trade Receivables	5.08	8.25	3.32	5.24	2.6
Inventory	-	1.95	0.18	0.04	0.66
Other Current Assets	-	0.43	0.26	0.61	0.61
Total Current Assets	30.4	26.01	31.12	46.11	59.24
Net Property, Plant & Equipment	2.68	5.31	4.85	4.26	3.15
Other Intangible Assets	8.74	4.63	0.26	0.31	0.75
Long-Term Investments	0.63	0.63	-	-	-
Total Assets	42.45	36.57	36.24	50.68	63.14

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Accounts Payable	5.63	4.96	3.73	3.64	1.7
Current Portion of Long-Term Debt	0.06	-	-	-	-
Current Portion of Leases	0.14	0.51	0.48	0.3	0.32
Other Current Liabilities	0.1	0.22	-	-	-
Total Current Liabilities	5.93	5.68	4.21	3.94	2.02
Long-Term Debt	0.06	-	-	-	-
Long-Term Leases	0.02	0.16	0.65	0.7	0.58
Other Long-Term Liabilities	0.04	0.47	0.3	0.3	0.65
Total Long-Term Liabilities	0.12	0.63	0.95	1	1.24
Total Liabilities	6.05	6.3	5.15	4.94	3.26

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Common Stock	1.13	0.85	0.75	0.74	0.73
Additional Paid-in Capital	159.05	133.56	118.52	116.49	116.45
Accumulated Other Comprehensive Income	7.05	4.63	3.78	4.07	2.46
Retained Earnings	-130.84	-108.77	-91.96	-75.56	-59.75
Shareholders' Equity	36.4	30.27	31.09	45.74	59.89
Total Liabilities & Equity	42.45	36.57	36.24	50.68	63.14

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Total Debt	0.29	0.66	1.12	1	0.91
Net Cash (Debt)	25.03	14.71	26.24	39.22	54.47
Net Cash Growth	70.17%	-43.95%	-33.10%	-27.99%	75.47%
Net Cash Per Share	0.03	0.02	0.04	0.05	0.08
Book Value	36.4	30.27	31.09	45.74	59.89
Book Value Per Share	0.04	0.04	0.04	0.06	0.08
Tangible Book Value	27.66	25.64	30.82	45.43	59.14
Tangible Book Value Per Share	0.03	0.03	0.04	0.06	0.08

Data Source: Fiscal.ai Last updated: Feb 25, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Jul 27, 2026

Data Sources Report a data error