ITM Power Plc (AIM: ITM)

ITM Power Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 30, 2024	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021	Apr 30, 2020
Cash & Equivalents	230.35	230.35	282.56	365.88	176.08	39.92
Cash & Short-Term Investments	230.35	230.35	282.56	365.88	176.08	39.92
Cash Growth	-18.48%	-18.48%	-22.77%	107.80%	341.09%	671.68%
Accounts Receivable	19.59	19.59	6.08	8.08	11.17	7.61
Other Receivables	6.22	6.22	4.92	5.07	4.24	1.19
Receivables	25.81	25.81	11	13.15	15.41	8.79
Inventory	70.42	70.42	58.84	32.2	6.42	4.43
Prepaid Expenses	2.17	2.17	7.88	11.97	6.53	13.29
Restricted Cash	0.76	0.76	0.77	0.3	1.05	1.08
Other Current Assets	-	-	1.81	0.13	-	-
Total Current Assets	329.51	329.51	362.87	423.62	205.48	67.52
Property, Plant & Equipment	41.65	41.65	27.42	22.09	19.91	13.02
Long-Term Investments	0.45	0.45	0.55	1.82	0.41	0.48
Other Intangible Assets	8.4	8.4	3.14	1.97	2.22	0.32
Long-Term Deferred Charges	1.77	1.77	8.33	7.11	1.05	1.83
Total Assets	381.78	381.78	402.32	458.17	229.07	83.18
Accounts Payable	8.82	8.82	4.45	8.72	1.19	2.51
Accrued Expenses	3.82	3.82	3.05	3.32	2.11	1.96
Current Portion of Leases	0.68	0.68	0.94	0.63	0.2	0.21
Current Income Taxes Payable	0.64	0.64	0.92	0.73	0.51	0.27
Current Unearned Revenue	55.42	55.42	37.66	21.53	9.04	9.24
Other Current Liabilities	9.69	9.69	17.89	15.21	12.28	6.92
Total Current Liabilities	79.06	79.06	64.92	50.13	25.34	21.11
Long-Term Leases	12.03	12.03	6.87	6.52	6.28	6.32
Other Long-Term Liabilities	21.97	21.97	35.03	6.56	-	-
Total Liabilities	113.06	113.06	106.81	63.21	31.62	27.43
Common Stock	30.85	30.85	30.82	30.66	27.53	23.66
Additional Paid-In Capital	542.74	542.74	542.59	542.32	302.25	137.24
Retained Earnings	-303.24	-303.24	-276.11	-176.07	-130.44	-103.34
Comprehensive Income & Other	-1.63	-1.63	-1.8	-1.96	-1.89	-1.81
Shareholders' Equity	268.72	268.72	295.51	394.95	197.45	55.75
Total Liabilities & Equity	381.78	381.78	402.32	458.17	229.07	83.18
Total Debt	12.7	12.7	7.81	7.15	6.49	6.53
Net Cash (Debt)	217.64	217.64	274.75	358.73	169.59	33.39
Net Cash Growth	-20.78%	-20.78%	-23.41%	111.53%	407.87%	545.52%
Net Cash Per Share	0.35	0.35	0.45	0.62	0.33	0.08
Filing Date Shares Outstanding	617.37	617.37	616.47	613.16	550.66	473.28
Total Common Shares Outstanding	616.98	616.98	616.47	613.16	550.66	473.28
Working Capital	250.44	250.44	297.95	373.49	180.14	46.4
Book Value Per Share	0.44	0.44	0.48	0.64	0.36	0.12
Tangible Book Value	260.32	260.32	292.36	392.99	195.23	55.42
Tangible Book Value Per Share	0.42	0.42	0.47	0.64	0.35	0.12
Machinery	18.81	18.81	13.52	8.92	11.44	8.59
Construction In Progress	9.13	9.13	3.49	1.65	0.12	1.45
Leasehold Improvements	14.08	14.08	13.79	13.12	13.51	7.58
Order Backlog	-	-	-	-	-	119

Source: S&P Capital IQ. Standard template. Financial Sources.