Fusion Fuel Green PLC(HTOO) - 2023 Q1 - Earnings Call Presentation

Financial Highlights (Q1 2023) - Revenues reached €582 thousand, marking the first quarter with recognized revenue, stemming from a technology sale of 62 HEVO-Solar units[9, 74] - Cost of goods sold amounted to €(1,120) thousand[9] - Operating expenses totaled €(5,975) thousand, a decrease of €1.78 million compared to the previous quarter[9, 74] - Operating loss was €(7,368) thousand[9] - Pre-tax loss amounted to €(2,598) thousand[9] - Fair value movement of warrants resulted in a gain of €4,975 thousand[9] Assets and Liabilities (Q1 2023) - Property, plant, and equipment totaled €23,736 thousand[10] - Total non-current assets amounted to €29,021 thousand[10] - Total current assets reached €38,349 thousand[10] - Total liabilities amounted to €37,355 thousand[10] - Cash and cash equivalents stood at €5,759 thousand[10] Key Developments and Projects - Awarded €3.6 million in grant funding for a 1 MW green hydrogen mobility project with GALP[8] - Awarded €3.3 million grant from H2 Pioneros Program for 2.4 MW green hydrogen project in Spain[64] - Signed Terms of Acceptance for €10 million grant from PRR Component 14[34] - The company has a project pipeline of approximately 500 MW, estimating revenues of approximately €550 million[80]