Fusion Fuel Green plc Reports Continued Net Losses; Expects Further Losses in Next 6-12 Months

Reuters
14小时前
Fusion Fuel Green plc Reports Continued Net Losses; Expects Further Losses in Next 6-12 Months

Fusion Fuel Green plc has released its condensed consolidated financial results for the six-month period ending June 30, 2025. The company reported a revenue of €6.931 million, a significant increase from zero revenue in the same period of the previous year. The gross profit for the period stood at €2.067 million, compared to €197,000 previously. The company's cost of sales was reported at €4.864 million, a shift from a previous credit of €197,000. Operating loss amounted to €2.856 million, improving from a loss of €7.863 million in the previous year. Administration expenses decreased to €4.486 million from €7.015 million. Fusion Fuel Green plc operates exclusively through its indirect subsidiary, Al Shola Al Modea Gas Distribution LLC, in the liquefied petroleum gas $(LPG)$ industry. Following the deconsolidation of a former operating subsidiary during the year, the company now functions as a single reportable segment. No specific outlook or guidance for future periods was provided in the released financial results.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fusion Fuel Green plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-027053), on September 10, 2025, and is solely responsible for the information contained therein.

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