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The Best Momentum Stocks to Buy for October
ZACKS· 2025-09-23 19:51
Key Takeaways Finding the top-ranked momentum stocks to buy for October and beyond.Why this soaring, under-the-radar automotive equipment stock is a Zacks Rank #1 (Strong Buy).The stock market is trading at new all-time highs in the final full week of September and the third quarter. The recent surge has been driven by a wave of spending across the artificial intelligence ecosystem as investors, big and small, clamor to make sure they don’t get left behind if there is another huge leg up for Wall Street.Som ...
Fusion Fuel Green PLC Investor Presentation on First Half 2025 and Recent Developments
Globenewswire· 2025-09-17 12:00
Core Insights - Fusion Fuel Green PLC reported significant operational and financial progress in the first half of 2025, marking a pivotal period in the company's history [4] - The company generated approximately €6.9 million in revenue, a substantial increase from no revenue in the same period last year, primarily due to the acquisition of LPG operations [4] - The company expects to achieve full-year 2025 revenue of approximately €17.4 million, representing a 70% growth compared to the previous year [6] Operational and Strategic Progress - Bright Hydrogen Solutions Ltd advanced its hydrogen platform with new agent agreements and successful tenders for two hydrogen projects, alongside establishing a €30 million joint venture for mid-scale hydrogen plants in Europe [3] - Al Shola Al Modea Gas Distribution LLC signed new engineering contracts worth approximately $4.5 million and annual fuel supply agreements for about $1.7 million, contributing to predictable cash flow [5] - The company is pursuing M&A activities, including the acquisition of a UK-based fuel distribution company with approximately $50 million in annual revenue and a joint venture for a biomass-powered steam project in South Africa [5] Financial Performance - The company reported an operating loss of approximately €2.9 million and a net loss of about €2.3 million for the first half of 2025, a reduction from approximately €7.9 million in losses during the same period in 2024 [4] - Over $8 million was raised year-to-date, which facilitated the repayment of approximately €4.3 million in debt, strengthening the company's balance sheet [4] - The conversion of outstanding convertible notes and recent equity raises simplified the capital structure, enhancing transparency for shareholders [4] Compliance and Future Outlook - The company resolved all outstanding listing deficiencies with Nasdaq, regaining full compliance following a share consolidation and capital raises [4] - The outlook for the second half of 2025 includes further operational progress across both BrightHy Solutions and Al Shola Gas [6]
Fusion Fuel Announces Over $1.2 Million in New Gas Engineering Projects for Subsidiary Al Shola Gas, Building on Strong 2025 Contract Momentum
Globenewswire· 2025-06-24 16:05
Core Viewpoint - Fusion Fuel Green PLC's subsidiary, Al Shola Al Modea Gas Distribution LLC, has secured additional engineering and utility projects worth AED 4.4 million (~$1.2 million USD) in Dubai, indicating strong demand and commercial momentum in the UAE's energy infrastructure market [1][2]. Summary by Sections New Engineering Projects - Al Shola Gas has secured over $2.7 million in engineering contracts and 1,800 new residential service contracts since the beginning of 2025 [2]. - The new projects will convert to recurring revenue through long-term utility service contracts [4]. Utility Business and Bulk LPG Supply - Al Shola Gas has surpassed 12,000 active customers and expects continued growth in recurring revenue as contracted assets are commissioned [5]. - Bulk LPG supply remains robust, with current volumes exceeding 600 metric tons per month, with a target of reaching 800 metric tons monthly by year-end [6]. Company Strategy and Market Position - The combination of engineering revenue and high-margin recurring utility income reflects the company's strategy to build durable, cash-generating infrastructure assets in the region [7]. - Al Shola Gas is positioned as a preferred partner for developers needing reliable and efficient LPG system delivery and service [5]. Specific Project Details - Dubai Marina Development: DBOM contract for 620 residential apartments and 5 retail outlets, total contract value AED 885,000 [9]. - Business Bay Tower: High-rise with 242 apartments and 3 retail outlets, contract value AED 395,000 [9]. - Satwa Mid-Rise Development: 240 apartments, total contract value AED 2.6 million [9]. - Additional Cluster Projects: Four smaller projects across Dubai, collectively valued at AED 520,000 [9].