ITM Power Reports Record Revenue as Annual Losses Narrow
Revenue rose to £43.6 million for the year to 30 April 2026 from £26 million. Adjusted EBITDA losses narrowed 39% to £20.2 million, while pre-tax losses fell to £24.8 million from £45.4 million.
ITM Power’s revenue reached a record £43.6m for the year ended 30 April 2026, compared with £26m a year earlier. Adjusted EBITDA losses narrowed 39% to £20.2m from £33m, while pre-tax losses decreased to £24.8m from £45.4m. The AIM-listed company closed the year with £215.6m in cash, up from £207m. This was supported by a £40m equity in…