ITM Power Income Statement

Financials in millions GBP. Fiscal year is May - April.

Millions GBP. Fiscal year is May - Apr.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021	2016 - 2020
Operating Revenue	26.04	16.51	5.23	5.63	4.28	Upgrade
Other Revenue	-	-	-	-	1.36	Upgrade
Revenue	26.04	16.51	5.23	5.63	5.63	Upgrade
Revenue Growth (YoY)	57.73%	215.72%	-7.07%	-0.07%	12.39%	Upgrade
Cost of Revenue	49.73	33.17	84.29	29.1	20.98	Upgrade
Gross Profit	-23.69	-16.66	-79.07	-23.48	-15.35	Upgrade
Selling, General & Admin	34.28	18.32	17.74	18.63	8.84	Upgrade
Research & Development	-	-	-	-	3.49	Upgrade
Other Operating Expenses	-3.42	-1.23	-1.57	-0.56	-1.19	Upgrade
Operating Expenses	30.86	19.8	20.12	21.26	11.3	Upgrade
Operating Income	-54.54	-36.47	-99.18	-44.74	-26.66	Upgrade
Interest Expense	-0.99	-0.64	-0.54	-0.53	-0.48	Upgrade
Interest & Investment Income	10.17	12.22	4.65	0.33	0.08	Upgrade
Earnings From Equity Investments	-0.01	-0.62	-1.57	-0.01	-0.6	Upgrade
EBT Excluding Unusual Items	-45.36	-25.51	-96.64	-44.95	-27.65	Upgrade
Gain (Loss) on Sale of Assets	-	-0.13	-0.06	-1.71	-	Upgrade
Asset Writedown	-	-1.42	-4.47	-	-	Upgrade
Pretax Income	-45.36	-27.06	-101.17	-46.66	-27.65	Upgrade
Income Tax Expense	0.15	0.17	0.03	0.03	0.05	Upgrade
Net Income	-45.52	-27.22	-101.2	-46.69	-27.7	Upgrade
Net Income to Common	-45.52	-27.22	-101.2	-46.69	-27.7	Upgrade
Shares Outstanding (Basic)	617	617	615	577	507	Upgrade
Shares Outstanding (Diluted)	617	617	615	577	507	Upgrade
Shares Change (YoY)	0.09%	0.34%	6.59%	13.69%	27.39%	Upgrade
EPS (Basic)	-0.07	-0.04	-0.16	-0.08	-0.05	Upgrade
EPS (Diluted)	-0.07	-0.04	-0.16	-0.08	-0.05	Upgrade
Free Cash Flow	-28.57	-63.04	-81.11	-42.27	-34.56	Upgrade
Free Cash Flow Per Share	-0.05	-0.10	-0.13	-0.07	-0.07	Upgrade
Gross Margin	-90.96%	-100.94%	-	-	-272.65%	Upgrade
Operating Margin	-209.45%	-220.90%	-1896.73%	-795.02%	-473.40%	Upgrade
Profit Margin	-174.79%	-164.90%	-1935.38%	-829.82%	-491.87%	Upgrade
Free Cash Flow Margin	-109.70%	-381.88%	-1551.10%	-751.27%	-613.80%	Upgrade
EBITDA	-47.16	-31.68	-96.05	-42.35	-24.85	Upgrade
EBITDA Margin	-181.11%	-191.89%	-	-	-	Upgrade
D&A For EBITDA	7.38	4.79	3.14	2.39	1.8	Upgrade
EBIT	-54.54	-36.47	-99.18	-44.74	-26.66	Upgrade
EBIT Margin	-209.45%	-220.90%	-	-	-	Upgrade

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.