Core Insights - Fusion Fuel Green PLC reported significant financial progress in the first half of 2025, achieving approximately €6.9 million in revenue compared to no revenue in the same period of 2024, indicating a strong operational turnaround [3][7] - The company successfully reduced operating costs by 64% year-over-year, leading to an operating loss of approximately €2.9 million for the first half of 2025, down from €7.9 million in the same period of 2024 [3][7] - Fusion Fuel regained compliance with Nasdaq Listing Rules and transferred its securities to The Nasdaq Capital Market tier, enhancing its market position [3][7] Financial Performance - Revenue for the first half of 2025 was approximately €6.9 million, attributed to the acquisition of LPG engineering and distribution operations from Quality Industrial Corp. in November 2024 [7] - Operating loss decreased to approximately €2.9 million in the first half of 2025 from €7.9 million in the same period of 2024, reflecting a strategic reduction of loss-making operations [7] Corporate Developments - The company established Bright Hydrogen Solutions Ltd as a subsidiary to enhance its hydrogen solutions platform, signing strategic partnerships to expand services across Europe, Latin America, and Iberia [7] - Fusion Fuel signed non-binding heads of terms to acquire a UK fuel distribution company, which would further diversify its energy portfolio [7]
Fusion Fuel Green PLC Announces Highlights of First Half 2025 Financial Results and Corporate Developments