Fusion Fuel Posts €6.9M H1 Revenue and Eyes Hydrogen Expansion

Core Insights - Fusion Fuel Green PLC reported first-half 2025 revenue of €6.9 million, marking its first significant sales as an integrated LPG and hydrogen platform [1] - The company achieved a reduced operating loss of €2.9 million, down from €7.9 million a year earlier [1] - Full-year 2025 revenue guidance is reaffirmed at €17.4 million, indicating a 70% year-on-year increase [5] Financial Performance - The company raised over $8 million year-to-date, aiding in debt repayment and simplifying its capital structure through note conversions and equity raises [2] - The company regained full Nasdaq compliance following a 1-for-35 share consolidation earlier this year [2] Operational Developments - Al Shola Gas subsidiary secured $4.5 million in new engineering contracts and $1.7 million in annual supply agreements, benefiting from high-margin bulk fuel operations [3] - BrightHy Solutions is advancing hydrogen projects with new tenders and a planned €30 million joint venture to finance mid-scale hydrogen plants in Europe, expected to contribute to revenue in late 2025 [3] M&A Activities - Fusion Fuel signed Heads of Terms to acquire a UK fuel distributor with $50 million in annual revenue and $12 million in net income [4] - A planned 51% joint venture to develop a biomass-powered steam project in South Africa is also in progress, subject to definitive agreements and closing conditions [4] Strategic Outlook - CEO John-Paul Backwell emphasized 2025 as a pivotal year for the company, focusing on a strategic turnaround and the transition towards scalable, profitable growth [5]