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  ITM Power pro forma H1 pretax loss 437,721 stg vs loss 381,354 stg
Publication Date:30-September-04
Source: AFX
ITM Power PLC, which aims to provide enabling technology for the hydrogen economy, said its pretax loss on a pro forma basis for the six months to June 30 2004 was 437,721 stg, compared with a loss of 381,354 stg a year earlier.

ITM was admitted to the AIM market on June 11 2004. The company's accounting year end is April 30 and interim results will be announced relating to the half year to Oct 31 2004 in January 2005.

The pro forma results released today relate principally to the financial results of the forerunner company to the listed entity, ITM Fuel Cells Ltd, which is now a wholly owned subsidiary of the company.
 

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