Fusion Fuel Green (HTOO) H2 2025 earnings summary

Executive summary

• Revenue surged 798.1% year-over-year to €14.4 million, driven by the full-year consolidation of Al Shola Gas.

• Gross profit rose 855.4% to €4.2 million, with gross margin improving to 29.0% from 27.2% year-over-year.

• Operating loss narrowed by 54.4% to €7.9 million, and total comprehensive loss decreased by 93.8% to €1.0 million.

• Strategic repositioning advanced, expanding from hydrogen technology to a diversified energy and royalty platform across Europe, the Middle East, and Africa.

• Entered new markets and verticals, including biomass-powered steam and uranium/natural gas royalties.

Financial highlights

• Revenue: €14.4 million in FY2025 vs. €1.6 million in FY2024 (up 798.1%).

• Gross profit: €4.2 million in FY2025 vs. €0.4 million in FY2024 (up 855.4%).

• Operating loss: €7.9 million in FY2025 vs. €17.3 million in FY2024 (down 54.4%).

• Non-IFRS adjusted operating loss: €3.7 million in FY2025 vs. €10.3 million in FY2024 (down 64%).

• Total comprehensive loss: €1.0 million in FY2025 vs. €15.3 million in FY2024 (down 93.8%).

Outlook and guidance

• Non-recurring transaction and wind-down costs expected to decrease going forward.

• Anticipates long-term revenue growth and cash flow from diversified operating subsidiaries.

• Strategic focus on building a portfolio spanning royalties, production, and distribution across multiple geographies and fuel types.