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HTOOW

Fusion Fuel Green PLC

HTOOW

Fusion Fuel Green PLC • NASDAQ
$0.01 ▼ -3.61% (-0.00)
Market Cap $2.11 M
52w High $0.14
52w Low $0.01
Dividend Yield 0%
P/E 0
Volume 2.13K
Outstanding Shares 263.85M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2024 $251K ▲ $0 $-2.802M ▲ -1.116K% ▼ $-0.15 ▲ $0
Q1-2024 $0 ▼ $0 ▼ $-5.139M ▲ 0% ▲ $-0.27 ▲ $0 ▲
Q4-2023 $2.072M $6.728M $-8.585M -414.334% $-0.58 $-6.34M
Q3-2023 $2.072M ▲ $6.728M ▲ $-8.585M ▼ -414.334% ▼ $-0.58 ▼ $-6.34M ▲
Q2-2023 $0 $5.49M $-6.923M 0% $-0.48 $-9.163M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $343K ▼ $28.018M ▼ $19.901M ▼ $10.326M ▲
Q2-2024 $411K ▲ $41.005M ▲ $39.15M ▲ $1.855M ▼
Q1-2024 $0 ▼ $0 ▼ $0 ▼ $4.989M ▲
Q4-2023 $860K ▼ $42.351M $39.62M $2.731M
Q3-2023 $1.147M $42.351M $39.62M $2.731M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2023 $-8.585M $-2.232M $2.006M $442.5K $205K ▲ $-3.772M
Q3-2023 $-8.585M ▼ $-2.232M ▲ $2.006M ▲ $442.5K ▼ $-2.059M ▲ $-3.772M ▲
Q2-2023 $-6.923M $-2.358M $-2.584M $1.095M $-2.687M ▼ $-5.113M
Q1-2023 $-6.923M ▲ $-2.358M ▲ $-2.584M ▼ $1.095M ▲ $534.028K ▼ $-5.113M ▲
Q4-2022 $-16.789M $-6.491M $7.682M $493K $1.629M $-7.089M

Five-Year Company Overview

Income Statement

Income Statement Fusion Fuel Green is still essentially a pre-revenue company: it has not yet generated meaningful sales over the past several years. The income statement is driven almost entirely by operating costs tied to development, administration, and scaling efforts. Losses have been consistent, though not very large in absolute terms, and they appear to have narrowed recently. The brief profitability shown a few years ago looks more like a one‑off accounting or capital-structure effect than the result of a mature, recurring business. Overall, the income statement reflects an early-stage innovator still in the build-out and commercialization phase rather than an established utility with stable earnings.

Balance Sheet

Balance Sheet The balance sheet is very light, with a small base of total assets and only modest cash on hand. Equity has been thin and has fluctuated, which is common for young technology companies that are still funding development and have not yet built large physical infrastructure. Debt levels are present but not heavy; however, given the company’s small size, even modest obligations need to be watched carefully. In simple terms, Fusion Fuel runs a lean balance sheet, which keeps it flexible but also underscores its financial fragility and reliance on future funding or successful project execution.

Cash Flow

Cash Flow Cash flows from operations have been steadily negative, which fits a company investing in technology and market entry before it earns material revenue. Free cash flow has also been negative, as operating outflows combine with ongoing, though not huge, capital spending. This pattern indicates the business is currently a cash user, not a cash generator, and likely depends on external capital—equity raises, partnerships, or other financing—to sustain its plans until projects scale and cash inflows begin to match outflows.

Competitive Edge

Competitive Edge Fusion Fuel’s competitive position rests on being a specialized, technology-driven player within green hydrogen rather than a broad, traditional utility. Its integrated HEVO-Solar system is a distinctive offering that combines solar power and electrolysis in a single solution, targeting sunny regions where that design can shine. The company is building a moat through a focused geographic strategy, partnerships with engineering and infrastructure players, and a move toward being a full-service energy solutions provider instead of just a hardware vendor. At the same time, it faces intense competition from much larger and better-funded industrial and energy groups, so its edge depends heavily on proving its technology works at scale and can deliver lower-cost or more flexible hydrogen than rivals.

Innovation and R&D

Innovation and R&D Innovation is the clear core of Fusion Fuel’s identity. The HEVO-Solar and HEVO-Chain platforms show a strong emphasis on efficiency, modular design, and the ability to operate off-grid or in varied industrial settings. The company is also experimenting beyond pure hydrogen—such as biomass-powered steam and broader decarbonization solutions—and has an advisory arm that can wrap engineering and project design around its technology. This combination of hardware innovation plus service offerings is promising, but it also means ongoing R&D and engineering spend will likely remain elevated. The key uncertainty is how quickly and reliably Fusion Fuel can convert its technical ideas into large, repeatable commercial projects.

Summary

Fusion Fuel Green looks much more like a developmental clean-tech venture than a traditional, cash‑rich utility. Financially, it remains pre-revenue with persistent, though manageable, losses, a very slim balance sheet, and negative cash flow, all of which highlight funding and execution risk. Strategically, the company is positioning itself as an innovator in green hydrogen with a distinctive integrated solar-electrolyzer solution, a targeted regional focus, and a move into broader energy services and decarbonization projects. The long-term story hinges on whether its technology can scale, win enough projects, and secure stable financing before competitive and financial pressures bite too hard. For observers, this is a high-uncertainty, high-execution story rooted in technology differentiation rather than current financial strength.