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.
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