Member Info for Eastwood

Oh look I can also use an AI to write what I want. Weird my one is positive.

Financial Strength & Improved Performance

Revenue Growth & Cash Generation

ITM Power raised its full-year revenue guidance for FY25 (ending 30 April 2025) to £25.5 million–£26.5 million, a 30% increase on the midpoint of its previous forecast

Critically, the company expects to remain cash generative in the second half of the year and end with a cash balance of £204–£205 million, reinforcing its robust financial position

Historic Turnaround & Discipline

In FY24, ITM Power achieved a three-fold revenue increase (from ~£5.2 m to £16.5 m) and reduced adjusted EBITDA losses from £94.2 m to £30.4 m, on the back of strategic product streamlining, cost control, and automation improvements

Net cash also topped guidance, closing the year at £230 million

Strategic Contract Wins & Expansion

ITM is actively securing transformative contracts across multiple sectors and regions:

Asia-Pacific: Awarded a major contract to supply over 300 MW of electrolysers for a green hydrogen power plant in the region. The project has local funding approval and is pending a Final Investment Decision (FID)

United Kingdom Projects:

Secured contracts for its POSEIDON electrolysers.

Secured a Front-End Engineering Design (FEED) contract for Uniper’s 120 MW Humber H2ub® project

European Expansion:

Signed a NEPTUNE II electrolyser contract with a major Spanish cement producer, aiming to reduce CO₂ in cement production

Supplied NEPTUNE V units (5 MW containerized plants) to Westnetz GmbH in Germany, accelerating hydrogen bus fleet deployment

Strategic Partnerships:

Collaborating with Deutsche Bahn to support sustainable transport infrastructure via green hydrogen

Launched Hydropulse GmbH in Germany to fast-track industrial hydrogen adoption, including a strategic partnership with Eternal Power GmbH

Management Alignment & Execution Credibility

Executive Investment Incentives:

The introduction of a Buy-As-You-Earn (BAYE) Share Incentive Plan—under which senior executives including the CEO and CTO are purchasing shares matched by the company—demonstrates their confidence and skin in the game

Track Record of Delivery:

The successful execution of its 12-month transformation plan—including standardizing products, enhancing automation, and streamlining supply chains—has shifted ITM Power into a more focused and disciplined delivery-oriented organization

There was a 100k sell @09:41 which caused the SP to drop in the 72s/73s. It has climbed back into the 74s at the moment.

Hey Mtucker, the majority of us are like you happy with their investments etc. I normal don't post either but could see some posters starting to skirt the lines. You are correct though no use getting involved in the constant barrage of comments.

It would be interesting if Justin and Co. Start to investigate some people on here with claims of lying and other statements. You could be opening yourself to libel. It wouldn't be very hard to work with LSE to obtain info about various posters. Just something to keep in mind to all posters on here.

The message below in the next paragraph is just under post message. Whilst Lucky may post excessively about the pro's it is all information that can be verified as far as I can see. Calling someone a liar and consitently posting information that is false could lead to the below.

Posting inside information that is not public knowledge, or information that is false or misleading, may constitute market abuse. This could lead to an unlimited fine and up to seven years in prison. If you have any information, concerns or queries about market abuse

In march/ April we were sitting in in the 26s to 28s being told low 20s etc were coming. Then in May we started climbing out of the low numbers and as we all know we got the the 90s. It then dipped to the 60s and climbed as once again we all know back to the 90s. We have now for the last month being in the 60s to 80s range. The whole time we have been told this is a one off etc, sell now, save your money etc as well as it was 400p etc.

We were then told over the last three weeks 50s were inbound, (This has gone quiet over the last 8 to 10 days) as we know we have not seen a return to the 50s. We had a good RNS yesterday and a good presentation. I know it might come as a shock to some people on the forum but you actually have to spend money on R&D to get the product required. Also as I mentioned the other day under Cooley, they were constantly trying to adapt and change the hardware and it was causing issues at the clients and giving ITM a bad rep. Dennis has come in and he made it clear the first year was to steady the business and get the majority of cost under control. The second year ITM got it further under control and started stabilizing the product and cutting the various hardware models and streamlining to three or four products. As we saw yesterday FAT has gone from 50% to 99% this is great news, cuts waste and cuts costs on rebuilding or re-doing.

They also stated Chronos is on track and coming along on schedule and in the presentation said something along the lines of not long now.

We alson know that the cash should have been about £160m now if following the original RNS's and instead it is £207m.

What people also forget is this is results to the end of April 25. It is backward looking. Yes they can mention May and the RNS yesterday about the 20MW with Motorgen but it is not in the April RNS results.

I believe that if someone like Dennis had not come along and it was left under Cooley, ITM would have been in serious trouble right about now. (My own opinion)

I always find it amazing that people will literally create an account to bash the sh** out of a share whilst still claiming to be invested. As I said yesterday it always good to have two view points but the constant bashing is just laughable.

I also asked on the chat on the 11th of July @12:15 asking Justin if ITM would ever consider doing a tour for shareholders like us? along with proof of shares held so as not to take the mickey. If this is what sparked the 25 investors idea, does this mean I get a spot?

Anyway the sun is shining and we are sitting in the 68s so not all terrible, have a good friday all.

Eastwood

I don't have an account to read the full article.

https://www.h2-view.com/story/real-world-market-beating-itm-cto-reveals-operating-data-from-10mw-shell-project/2130835.article/?trk=feed-detail_main-feed-card_feed-article-content

Spicy, you said it would drop, just for once admit you got it wrong and today wasn't so bad. Make 1 post out of 802 OKish

The main issue is with said person is always negative and warning people off. Which is fine in moderation and always good to have two views, but it is the constant negativity and bashing.

Dennis came onboard 3y ago to a company that was in serious trouble under Cooley. Cooley did well to get it where it was but expansion and getting the product correct without multiple failures was not in his experience. They were constantly trying to innovate and upgrade the process to the detrement of the hardware. Poeple who have been invested for a long time and followed the share know this.

You only have to read todays RNS to see that legacy contracts issue and to see paying £13m to settle issues with hardware and systems that were rolled out under Cooley.

I also find that Dennis likes to under promise and over deliver. Before he took over, there were RNS's literally for every little thing.

At the end of the day you need to make your own choices and be comfortable investing only what you can afford to lose.

Just use edge and u*b*l*o*c*k o*r*i*g*i*n chrome tries to stop these so just using edge for lse

Straight into UT looks like

You on a 15 min sp delay there spicy. if so take a look at 12:09

Install edge on your mobile and then under extensions add *u*b*l*o*c*k

You keep saying people want to see info about your holdings spicy they can go through all your previous posts. You said you are finished providing this info. How about you follow this method for posting the same stuff again and again.

Skint it was mentioned on here by their PR guy called Justin. Also I cannot remember but it may have been in a previous RNS. They normally release in August every year.

Lucky, thank you for taking onboard putting the dates in stuff you repost. Appreciate it.

Hey WIllz1,

Looking at L2, you can see the bid and ask price. lets say the bid is 59.0 and the ask is 59.5 If you see 100k @ 59.5 you can be confident it is a buy. If you see 100k at 59.0 you can see it as a sell. It can get tricky when it is 59.3 as you don't know if a buy or sell, hence why you sometimes see your purchase go through as red when you know you bought so should be blue. Not an exact science and I don't profess to have it 100% right. But real buys for the 400k were on the ask for all 4.

Thanks,

Yes NewKOTB and then between 09:32 and 09:36 400k was rebought.

8.3m vol now

7.42m now. Yesterday was 7m for the day

The volume just went past 5.20m. @9:11am There was 4 sells just before 9am of nearly 720k of shares in a space 4 min. This will drive the SP down. Yesterdays volume was 7m for the day.

Still cannot understand how someone can write so many negative posts but continue to hold shares in a company actively trashing? It is one thing to put out a viewpoint on what you think needs to happen or needs to change but constantly rubbishing the company and then saying but I am invested. Just weird. And all 680 posts are on ITM, nobody else.