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ITM Power (LSE:ITM) Research & Development : £0.00 Mil (TTM As of Apr. 2024)


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What is ITM Power Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. ITM Power's Research & Development for the six months ended in Apr. 2024 was £0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Apr. 2024 was £0.00 Mil.

ITM Power Research & Development Historical Data

The historical data trend for ITM Power's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ITM Power Research & Development Chart

ITM Power Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 3.49 1.38 - -

ITM Power Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.35 - - - -

ITM Power Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Apr. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ITM Power  (LSE:ITM) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

ITM Power Research & Development Related Terms

Thank you for viewing the detailed overview of ITM Power's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

ITM Power Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITM Power PLC (LSE:ITM) » Definitions » Research & Development
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Address
2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ
Website
https://www.itm-power.com
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.