ITM Power forecasts FY27 revenue of £50 million to £60 million

Bitget2026/10/19 09:53

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ITM Power forecasts fiscal 2027 revenue of £50 million to £60 million, compared with £43.6 million in fiscal 2026.
Adjusted EBITDA loss is expected at £17 million to £20 million, narrowing from £20.2 million.
Year-end cash is projected at £170 million to £180 million, down from £215.6 million.
The cash forecast includes capital expenditure for the Chronos manufacturing line.
Profitable contracts are expected to generate approximately two-thirds of revenue, with legacy contracts accounting for the remainder.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ITM Power plc published the original content used to generate this news brief on October 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ITM Power forecasts FY27 revenue of £50 million to £60 million

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