Fusion Fuel Green PLC (HTOO) Form 6-K — Oct 13, 2026
Fusion Fuel Green (HTOO) filed its unaudited H1 2026 financials showing a EUR 3.7 million loss on revenue of EUR 6.5 million, with cash of just EUR 0.3 million against EUR 7.1 million of net current liabilities. The directors state that existing cash is insufficient to fund obligations over the next twelve months, creating a material uncertainty that casts significant doubt on the going concern, partially mitigated by an August 2026 $1.5 million private placement, a $6.6 million ATM, and a $25 million equity line.
Key figures
- Eps
- -EUR 1.16 (H1 2026, basic and diluted)
- Revenue
- EUR 6,536k (H1 2026) vs EUR 6,931k (H1 2025)
- Net Income
- -EUR 3,734k (H1 2026) vs -EUR 2,839k (H1 2025)
- Total Debt
- EUR 1,691k loans and borrowings (current)
- Total Assets
- EUR 34,600k at 30 June 2026
- Cash Position
- EUR 266k at 30 June 2026
- Deal Value Usd
- $15,000,000 (Royal Uranium valuation under Share Exchange Agreement); cost measured at ~EUR 8.84M based on $2.69/share Nasdaq close on 21 July 2026
- Atm capacity
- $6,619,798
- Gross profit
- EUR 1,906k (H1 2026)
- Operating loss
- EUR 3,721k (H1 2026)
- Shares outstanding
- 3,297,510 Class A Ordinary Shares at 30 June 2026
- Post deal ownership
- legacy holders ~36.7%, former RU shareholders ~63.3%
- Restated fy2025 loss
- EUR 4,980k (up from EUR 952k as previously reported)
- Equity line of credit
- $25 million
- Net current liabilities
- EUR 7.1M at 30 June 2026
- Qind forbearance balance
- ~$1,587,000, payable $1,675,000 in 19 monthly instalments to 1 March 2028
- Fy2025 goodwill impairment
- EUR 1,060k
- Royal uranium shares acquired
- 81,881,029
- Shares issued for royal uranium
- 3,750,018 Class A Ordinary Shares
- February 2026 pipe gross proceeds
- $2.6 million
- August 2026 private placement gross proceeds
- ~$1,525,000
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