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ITM Power Plc

IJ8.DEXETRA
Industrials
Industrial - Machinery
0.77
-0.01(-0.71%)
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Over the last four quarters, ITM Power Plc achieved steady financial progress, growing revenue from $2.03M in Q2 2022 to $7.66M in Q4 2023. Gross profit stayed firm with margins at -158% in Q4 2023 versus -2543% in Q2 2022. Operating income totaled -$15.51M in Q4 2023, maintaining a -202% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$4.97M. Net income rose to -$9.05M, with EPS at -$0.02. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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