ITM Power GAAP EPS of 4.70p, revenue of £15.53M; reaffirms FY outlook

Last updated: January 30, 2025 10:04 am

By MT HANNACH

1 Min Read

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Itm Power Plc press release (OTCPK: ITMPF): 1 hour GAAP EPS of 4.70p.
Revenues of 15.53 million pounds sterling (+ 74.9% in y / y).
Loss of adjusted Ebitda of 16.8 million pounds sterling (H124: 18.1 million pounds sterling).
Cash at the end of H125 of 203.1 million pounds sterling (H124: 253.7 million pounds sterling).
Record Contract Backlog to date 135.3 million pounds Sterling, compared to 43.7 million pounds Sterling two years ago.
Reiteration of directives on full year income, improvement of adjusted Ebitda losses compared to original advice and additional cash improvement:
o Income between 18 and 22 million pounds sterling.

o Loss of Ebitda adjusted between 32 million pounds sterling and 36 million pounds sterling.

o Cash between 185 million pounds sterling and 195 million pounds sterling, considerably improved against the original advice from 160 to 175 million pounds sterling and the advice previously improved from 170 to 180 million pounds sterling.