ITM Power Ratios and Metrics

Market cap in millions GBP. Fiscal year is May - April.

Millions GBP. Fiscal year is May - Apr.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 5, 2026	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
Market Capitalization	394	190	314	482	2,032	2,866
Market Cap Growth	102.67%	-39.40%	-34.75%	-76.29%	-29.10%	286.80%
Enterprise Value	211	-0	68	171	1,874	2,847
Last Close Price	0.64	0.31	0.51	0.78	3.31	5.21
PS Ratio	13.80	7.31	19.04	92.12	361.12	509.00
PB Ratio	1.87	0.85	1.17	1.63	5.15	14.52
P/TBV Ratio	1.99	0.88	1.21	1.65	5.17	14.68
EV/Sales Ratio	7.39	-	4.11	32.70	333.09	505.54
Debt / Equity Ratio	0.07	0.06	0.05	0.03	0.02	0.03
Net Debt / Equity Ratio	-0.87	-0.87	-0.81	-0.93	-0.91	-0.86
Net Debt / EBITDA Ratio	9.93	5.50	6.87	2.86	8.47	6.82
Net Debt / FCF Ratio	21.50	6.82	3.48	3.39	8.49	4.91
Asset Turnover	0.08	0.07	0.04	0.01	0.02	0.04
Inventory Turnover	0.78	0.79	0.51	1.85	1.51	3.87
Quick Ratio	2.14	2.44	3.24	4.52	7.56	7.56
Current Ratio	2.62	3.07	4.17	5.59	8.45	8.11
Return on Equity (ROE)	-13.67%	-18.46%	-9.65%	-29.31%	-15.76%	-21.88%
Return on Assets (ROA)	-4.52%	-7.16%	-5.81%	-14.41%	-8.14%	-10.67%
Return on Capital Employed (ROCE)	-10.70%	-16.60%	-12.00%	-29.40%	-11.00%	-13.10%
Earnings Yield	-7.82%	-23.90%	-8.66%	-21.01%	-2.30%	-0.97%
FCF Yield	-2.16%	-15.00%	-19.90%	-16.84%	-2.08%	-1.21%
Buyback Yield / Dilution	-0.06%	-0.09%	-0.34%	-6.59%	-13.69%	-27.39%

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.