ITM Power Plc announced consolidated unaudited earnings results for the six months ended October 31, 2014. For the period, the company reported revenues of £521,000 compared with £711,000 for the same period a year ago. Loss from operations was £3,689,000 compared with £3,289,000 for the same period a year ago.

Loss before tax was £3,678,000 compared with £3,269,000 for the same period a year ago. Loss for the period was £3,585,000 or 2.2 pence per basic and diluted share compared with £3,269,000 or 2.6 pence per basic and diluted share for the same period a year ago. Net cash used in operating activities was £3,030,000 compared with £3,923,000 for the same period a year ago.

Purchase of property, plant and equipments was £70,000 compared with £263,000 for the same period a year ago.