HTOO Nasdaq Misc Industrial & Commercial Machinery & Equipment Financials FY2019βFY2025
Fusion Fuel Green PLC had $16.3M of revenue in fiscal 2025, up 836.2% on the year before.
Hi! I read Fusion Fuel Green PLCβs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+836.2%
Yes. Sales grew 836.2% last year.
Does it make a profit?
β11.8%
No. It lost money last year.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Fusion Fuel Green PLC did it, and the next one. Share prices often move a lot on those days.
Next results
May 6, 2027
Thursday Β· in 192 days
Estimated from the same quarter last year. It will be replaced by the announced date once there is one.
See who else reports that week β| Date | Results for | Time | Source |
|---|---|---|---|
| May 7, 2026 | Period ended Dec 31, 2025 | After the market closes | 20-F β |
| May 9, 2025 | Period ended Dec 31, 2024 | After the market closes | 20-F β |
| Apr 30, 2024 | Period ended Dec 31, 2023 | Before the market opens | 20-F β |
| May 16, 2023 | Q4 '22 | After the market closes | 20-F β |
| May 2, 2022 | Period ended Dec 31, 2021 | Before the market opens | 20-F β |
| May 14, 2021 | Period ended Dec 31, 2020 | After the market closes | 20-F β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Fusion Fuel Green PLC had $16.3M of revenue in fiscal 2025, up 836.2% on the year before. Its operating margin was β54.8%, up 1,025.0Β pts: of every 100 in sales, about β55 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Margins, % of revenue
KIRA Β· Fusion Fuel Green PLC lost $1.9M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
How much cash comes in, and where does it go?
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· Fusion Fuel Green PLC owes $1.4M more than it holds in cash.
Cash, debt and the ratios that show how comfortably Fusion Fuel Green PLC can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $8.7M | $5.6M | $1.3M | $0.2M | $0.7M |
| Debt incl. finance leases | β | β | $1.5M | $2.2M | $2.1M |
| Debt / equity | β | β | 0.5x | 0.1x | 0.1x |
| Interest coverage | β311.6x | β1,086.9x | β69.9x | β8,521.6x | β171.6x |
| Current ratio | 2.4x | 1.5x | 0.6x | 0.5x | 0.5x |
| Quick ratio | 2.4x | 0.8x | 0.4x | 0.5x | 0.5x |
| Total assets | $78.4M | $69.7M | $46.8M | $37.5M | $42.3M |
| Total liabilities | $22.4M | $38.4M | $43.8M | $21.7M | $18.3M |
| Shareholders' equity | $56.1M | $31.3M | $3.0M | $15.8M | $24.1M |
| Net debt (β = net cash) | β | β | $0.2M | $2.0M | $1.4M |
KIRA Β· Its return on capital was β27.6%: every 100 invested in the business earned about β28 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Fusion Fuel Green PLC passes 4 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β |
| F-score | β / 3 | β / 5 | β / 6 | β / 6 | 3 / 7 | 3 / 9 | 4 / 9 |
| Accruals ratio | β | β266.3% | 58.3% | 3.6% | β40.5% | β18.0% | 18.5% |
| Altman Z'' | β | β9.62 | β3.15 | β10.89 | β24.23 | β25.05 | β22.77 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | β | $0.0M | $0.0M | $0.0M | $4.5M | $1.7M | $16.3M |
| Net interest income | β | β | β | $0.0M | $0.1M | β$0.6M | β$0.0M |
| Gross profit | β | β | β | β$9.2M | β$17.2M | $0.5M | $4.7M |
| Research and development | β | β | $0.2M | $1.0M | $2.1M | β | β |
| Operating income | β$0.0M | β$5.5M | β$8.1M | β$36.5M | β$40.1M | β$18.7M | β$8.9M |
| Interest expense | β | $0.8M | $0.0M | $0.0M | $0.6M | $0.0M | $0.1M |
| Pretax income | β$0.0M | β$209M | $27.9M | β$28.7M | β$33.4M | β$16.5M | β$1.2M |
| Income tax | β | β | β | $0.0M | $0.2M | $0.5M | $0.4M |
| Net income | $0.0M | β$209M | $27.9M | β$28.7M | β$33.5M | β$16.6M | β$1.9M |
| Net income to common | β | β | β | β | β | β$16.6M | β$1.9M |
| Diluted EPS | β | β$78.11 | $2.12 | β$2.15 | β$80.14 | β$0.81 | β$1.43 |
| Diluted shares | 0.00B | 0.00B | β | β | 0.00B | 0.00B | 0.00B |
| Cash flow | |||||||
| Cash from operations | β$0.0M | β$4.8M | β$17.3M | β$31.4M | β$9.9M | β$9.0M | β$9.3M |
| Capital expenditure | β | β | $19.7M | $9.0M | $9.3M | $0.0M | β |
| Free cash flow | β | β | β$37.0M | β$40.4M | β$19.2M | β$9.0M | β |
| Depreciation and amortization | β | β | $0.4M | $1.1M | $1.7M | $2.8M | $2.9M |
| Stock-based compensation | β | $1.2M | $0.2M | $3.7M | $1.5M | $2.4M | $1.8M |
| Acquisitions | β | β | β | $0.3M | β | β | β |
| Balance sheet | |||||||
| Cash and short-term investments | β | $71.2M | $8.7M | $5.6M | $1.3M | $0.2M | $0.7M |
| Total debt | β | β | β | β | $1.5M | $2.2M | $2.1M |
| Current assets | $0.0M | $73.9M | $53.6M | $41.3M | $12.5M | $7.3M | $7.6M |
| Current liabilities | $0.0M | $67.6M | $21.9M | $27.1M | $22.5M | $13.5M | $14.3M |
| Inventory | β | β | $0.0M | $18.8M | $4.1M | $1.2M | $0.2M |
| Property and equipment, net | $0.0M | $0.0M | $20.5M | $22.7M | $27.4M | $0.3M | $1.4M |
| Goodwill | β | β | β | β | β | $19.7M | $7.8M |
| Intangible assets | β | $2.7M | β | β | $5.6M | $24.9M | $25.3M |
| Total assets | β | $76.6M | $78.4M | $69.7M | $46.8M | $37.5M | $42.3M |
| Total liabilities | β | $67.6M | $22.4M | $38.4M | $43.8M | $21.7M | $18.3M |
| Shareholders' equity | $0.0M | $9.0M | $56.1M | $31.3M | $3.0M | $15.8M | $24.1M |
| Margins | |||||||
| Gross margin | β | β | β | β35,027.4% | β384.8% | 27.2% | 29.0% |
| Operating margin | β | β | β | β138,858.2% | β894.4% | β1,079.7% | β54.8% |
| EBITDA margin | β | β | β | β134,854.0% | β857.1% | β915.8% | β36.8% |
| Net margin | β | β | β | β109,285.9% | β748.5% | β953.3% | β11.8% |
| FCF margin | β | β | β | β153,612.2% | β428.8% | β516.6% | β |
| Net interest share of revenue | β | β | β | 100.0% | 1.4% | β32.7% | β0.2% |
| Returns | |||||||
| Return on capital | β | β | β | β | β984.7% | β83.2% | β27.6% |
| Return on capital employed | β | β60.4% | β14.3% | β85.8% | β165.0% | β78.2% | β31.8% |
| Return on equity | 200.0% | β4,619.2% | 85.6% | β65.8% | β195.4% | β175.6% | β9.6% |
| Return on assets | β | β272.5% | 36.0% | β38.8% | β57.6% | β39.3% | β4.8% |
| Return on tangible equity | 200.0% | β3,295.9% | 49.7% | β91.8% | β | β | β |
| Growth | |||||||
| Revenue growth | β | β | β | β | 16,939.2% | β61.3% | 836.2% |
| Net income growth | β | β9,487,822.7% | β | β203.1% | β | β | β |
| EPS growth | β | β | β | β201.8% | β | β | β |
| Share count change | β | 25.8% | β | β | β | 26.1% | 153.0% |
| Financial health | |||||||
| Debt / equity | β | β | β | β | 0.5x | 0.1x | 0.1x |
| Interest coverage | β | β7.1x | β311.6x | β1,086.9x | β69.9x | β8,521.6x | β171.6x |
| Current ratio | 0.1x | 1.1x | 2.4x | 1.5x | 0.6x | 0.5x | 0.5x |
| Quick ratio | 0.1x | 1.1x | 2.4x | 0.8x | 0.4x | 0.5x | 0.5x |
| Capital allocation | |||||||
| Capex / revenue | β | β | β | 34,319.8% | 207.3% | 0.7% | β |
| Stock comp / revenue | β | β | β | 14,022.8% | 33.6% | 136.4% | 10.8% |
| Quality scores | |||||||
| Piotroski F-score | β | β | β | β | 3.0 | 3.0 | 4.0 |
| Altman Z'' | β | β9.6 | β3.2 | β10.9 | β24.2 | β25.1 | β22.8 |
| Accruals ratio | β | β266.3% | 58.3% | 3.6% | β40.5% | β18.0% | 18.5% |
Source: SEC EDGAR XBRL filings (CIK 0001819794). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. Filed in EUR under IFRS and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only β not investment advice. Check the original filings before relying on any figure.
