Fusion Fuel Green (HTOO) H1 2026 earnings summary

Executive summary

• H1 revenue was €6.536m, down 5.7% YoY; non-IFRS adjusted operating loss improved ~25% to €1.753m, while reported operating loss widened to €3.721m.ocument-source[0[/document-source]

• Strategic expansion included the July acquisition of Royal Uranium and progress across LPG, hydrogen and biomass-powered steam businesses; FY26 revenue guidance is €16m–€18m.ocument-source[2[/document-source][3[/document-source]

Financial highlights

• Revenue was €6.536m vs €6.931m in H1 2025; gross profit was €1.906m vs €2.067m.ocument-source[4[/document-source]

• Operating loss was €3.721m vs €2.856m; loss for the period was €3.734m vs €2.839m.ocument-source[4[/document-source]

• Administration expenses excluding acquired-intangible amortization fell 14% to €3.8m; wages and salaries decreased 25% to €1.8m amid cost savings.ocument-source[1[/document-source]

• Non-IFRS adjusted operating loss, excluding depreciation, amortization and share-based payment expense, was €1.753m vs €2.333m.ocument-source[4[/document-source]

Outlook and guidance

• FY26 revenue is expected at €16m–€18m vs €14.4m in FY25, implying H2 revenue of €9.5m–€11.5m vs €6.5m in H1.ocument-source[3[/document-source]

• FY26 non-IFRS adjusted operating loss is expected to improve vs restated FY25 adjusted loss of ~€3.7m, which includes a €1.1m goodwill impairment add-back.ocument-source[3[/document-source]

• Net assets are expected to exceed restated FY25’s €16.7m; June 2026 net assets were €17.6m, or ~€26.4m on a preliminary pro forma basis after Royal Uranium acquisition.ocument-source[3[/document-source]

• H2 improvement is expected from hydrogen project revenue recognition, BioSteam operations, Royal Uranium natural-gas royalties and Al Shola Gas’s traditionally strongest Q4.ocument-source[3[/document-source]