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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Itm Power Plc | ITM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.50 | -1.35% | 36.50 | 11:16:03 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 35.36 | 35.36 | 36.68 | 37.00 |
| Industry Sector |
|---|
| ALTERNATIVE ENERGY |
| Top Posts |
|---|
Posted at 05/12/2024 08:33 by grahamwales This is what city investors are trading today.ITM Power reported a robust revenue performance of £15.2 million for the first half of 2024, alongside a growing sales pipeline and improved EBITDA loss projections. The company remains on track with project deliveries and tight cost management, positioning itself well as customer investment decisions accelerate into 2025. With a strong net cash position of £203 million, ITM Power is poised for continued growth in the green hydrogen sector. |
Posted at 04/12/2024 11:39 by skinny This (I think) was the latest mention of CHRONOS :-For further information, please contact: ITM Power PLC Justin Scarborough, Head of Investor Relations +44 (0)114 551 1080 or press@itm-power.com |
Posted at 02/12/2024 20:38 by gimmethefax I'd say the LCOH produced by ITM machines is still way higher than the currently available alternative fuels. ITM claims lowest cost of green hydrogen. The Benchmark.Therefore we can presume, at this stage, that the hydrogen produced (if being used as a replacement fuel) is a cost for the customer, and no value is actually created there, yet. ... most investors get up and leave the room at this point ... This is what makes the business plan tricky, a gamble even. But we know this already. We are comfortable with such insanity, are we not?! Or are we deluded? ... only the psychopaths remain in the room ... So, ITM currently create value by other means, for example, 'we can help keep the ESG cartel off your backs for a little longer if you switch to hydrogen'. Danger! But, if a man has a gun to your head, pretty much everything that will cause you not to die is of enormous value - I am sure you would pay the price! So, ITM Power need to do a really good job of showing WHY a customer would choose to pay this premium, and show how this business is sustainable - even when the current politics change - which they will. We have discussed the benefits, and the value, here, qualitatively, for years! Only the Company can present the true investment case, quantitatively. If this value is not presented well then I see no reason for the value of the company to increase - why would it? We are still sitting, waiting impatiently, listening. |
Posted at 22/11/2024 08:46 by longtallsally You say a bid at 60p but even £200m mc for something that is only ever losing money seems expensive to me! As investors in unproven commercially viable companies you must square yourself with the fact that funds can all be lost or you can become wealthy but the former is more likely. Been their done it, most crumble and the rest lose you money.Anyone who bought early doors I get it but people who bought this when the market cap was even higher than here were effectively gambling. |
Posted at 20/11/2024 12:42 by moontheloon Unfortunately for holders it appears it will make it into the 20's Which is what the shorting crew were saying at a pound. Sounded incredibly far fetched but hats off they called the sector and the markets reaction to it. Obviously things may get released by itm to turn it, but the market currently destroying itm. Perhaps only bad for short term investors and the long termers can average it out... if they have a bottomless pit |
Posted at 14/11/2024 22:22 by grahamwales Why would they worry when the major investors have not sold. Private investors are not loyal to a company and buy and sell as soon as they are in profit. ITM are a business not a vehicle for private investors to make money.You need to understand this as so many private investors don’t. |
Posted at 01/11/2024 14:26 by grahamwales No idea but German investors seem to buy shares in AIM companies so shouldn’t be that difficult |
Posted at 14/8/2024 07:36 by skinny A reminder :-ITM can confirm that Preliminary Results for the twelve months ended 30 April 2024 will be announced on Thursday, 15 August 2024. Dennis Schulz, CEO, Simon Bourne, CTO, and Andy Allen, CFO, will present to analysts and investors on that date at 9:00am. The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard until 9:00am on 14 August 2024, or at any time during the live presentation. Investors can sign up to Investor Meet Company for free and add to meet ITM POWER PLC via: |
Posted at 02/2/2024 14:13 by danvandan Interim Results for the Six Months to 31 October 2023Interim results summary · Revenue £8.9m (H123: £2.0m) · Adjusted EBITDA loss £21.0m (H123: £54.1m)* · Cash at the end of H124 of £253.7m (H123: £317.7m) · Robust financial performance leading to improved full-year guidance: o Revenue confirmed; o EBITDA positively narrowed, and; o Cash materially improved · 12-month plan successfully completed: o Product portfolio narrowed for standardisation and volume manufacturing o Greater capital discipline, cost reduction, and improved processes achieved o Manufacturing and testing debottlenecked, and automation increased · Project delivery performance improved; embraced by existing and upcoming customers · Market reach substantially extended, opening sales opportunities in new world regions · Strategic priorities post 12-month plan defined, reflecting the dynamic between expected long-term and near-term market development, necessitating readiness and flexibility, whilst maintaining a strong balance sheet: o Remain at the forefront of technology, product and delivery credibility o Scale operations whilst retaining flexibility and conserving cash o Grow global footprint and reach whilst staying adaptable · Full details included in the interim review below *Adjusted EBITDA is a non-statutory measure. The calculation methodology is set out in the Note 3 Dennis Schulz, CEO ITM, said: "I am pleased to report that we have completed the implementation of our 12-month plan on time. The first half of the financial year already paints the early picture of a new ITM, which starts to be reflected in our improved financial results. We have accomplished what we set out to do in the last 12 months. Our plan successfully addressed the most pressing issues to right the ship. It has made ITM a stronger, more focussed, and more capable company. We have achieved a shift in culture, and the transformation of the company has tangibly improved our project delivery performance. We now have a strong foundation for growth. The long-term trajectory for green hydrogen remains an unparalleled opportunity. As I reflect on the more near-term market ahead, we will be operating in a complex environment. This ranges from a massive long-term opportunity just waiting to be captured, to dynamically developing markets emerging at different speeds, and short-term macroeconomics currently slowing down market acceleration. With the unchanged need to decarbonise, demand is not reduced but simply piling up, and will cause exponential growth thereafter. The most important attributes for ITM will be readiness and flexibility, and to maintain a strong balance sheet which necessitates continued spending discipline. We will remain at the forefront of technology developments and continue to establish ourselves as the most credible OEM for commercial and especially large-scale projects." A presentation for analysts and investors by Dennis Schulz, CEO, and Andy Allen, CFO, will be held at 9.00am GMT. The presentation will be via the Investor Meet Company platform. Questions can be submitted pre-event via the Investor Meet Company dashboard at any time during the live presentation. Analysts and investors can sign up to Investor Meet Company for free via: Those who already follow the Company on the Investor Meet Company platform will automatically be invited. A recording will be made available on the Investor Relations section of the ITM website after the event. For further information please visit www.itm-power.com |
Posted at 31/1/2024 07:02 by skinny Dennis Schulz, CEO ITM, said: "I am pleased to report that we have completed the implementation of our 12-month plan on time. The first half of the financial year already paints the early picture of a new ITM, which starts to be reflected in our improved financial results.We have accomplished what we set out to do in the last 12 months. Our plan successfully addressed the most pressing issues to right the ship. It has made ITM a stronger, more focussed, and more capable company. We have achieved a shift in culture, and the transformation of the company has tangibly improved our project delivery performance. We now have a strong foundation for growth. The long-term trajectory for green hydrogen remains an unparalleled opportunity. As I reflect on the more near-term market ahead, we will be operating in a complex environment. This ranges from a massive long-term opportunity just waiting to be captured, to dynamically developing markets emerging at different speeds, and short-term macroeconomics currently slowing down market acceleration. With the unchanged need to decarbonise, demand is not reduced but simply piling up, and will cause exponential growth thereafter. The most important attributes for ITM will be readiness and flexibility, and to maintain a strong balance sheet which necessitates continued spending discipline. We will remain at the forefront of technology developments and continue to establish ourselves as the most credible OEM for commercial and especially large-scale projects." A presentation for analysts and investors by Dennis Schulz, CEO, and Andy Allen, CFO, will be held at 9.00am GMT. The presentation will be via the Investor Meet Company platform. Questions can be submitted pre-event via the Investor Meet Company dashboard at any time during the live presentation. Analysts and investors can sign up to Investor Meet Company for free via: Those who already follow the Company on the Investor Meet Company platform will automatically be invited. A recording will be made available on the Investor Relations section of the ITM website after the event. |
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