Fusion Fuel Green
Operates UAE LPG services alongside hydrogen engineering, biomass steam, and energy royalty interests.
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Profile
Generates most revenue from UAE LPG distribution, engineering, and maintenance, while adding hydrogen project services, biomass steam supply, and uranium and natural-gas royalties. The holding company relies on subsidiary cash flows and third-party project operators.
Runs LPG distribution and engineering through Al Shola Gas in the UAE, covering central-system design, installation, bulk and cylinder sales, metered utility service, and maintenance. That operation supplied virtually all reported revenue before the latest acquisitions.
Provides asset-light hydrogen engineering through BrightHy Solutions, spanning feasibility work, equipment procurement, integration, construction oversight, commissioning, and optimization. It represents third-party hydrogen equipment providers across southern Europe and Latin America, rather than manufacturing discontinued proprietary electrolyzers.
Also holds BioSteam's South African industrial-steam venture and royalty interests tied to uranium projects and Alberta coalbed-methane areas. Royalty payments depend on third-party operators, while LPG operations depend on licensed, safety-regulated activity and the ability to pass gas-price increases through to customers.
Company facts
Categories
Key statistics
Year to date −41.1% · Average volume (30d) 10.3K
Analysts
Ratings
Target range
Latest analyst notes
No analyst notes in the last 24 months.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Mar 19, 2025 | −$0.32 | −$0.16 | +50.3% | $1.5M | $269.9K | −82.4% | −3.71% |
| Sep 13, 2024Q2 FY24 | −$0.32 | −$0.34 | −6.8% | $1.6M | $1.6M | −0.3% | −1.56% |
| Jun 5, 2024Q1 FY24 | −$0.35 | −$0.32 | +7.5% | $2.1M | — | — | −2.59% |
| Mar 6, 2024Q4 FY23 | −$0.43 | −$1.83 | −325.6% | $1.9M | $1.8M | −5.9% | −9.33% |
Financial highlights
| 12 quarters | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q2 FY25 | Q4 FY25 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.4M | $2.4M | $0 | $290.8K | $8.0M | $8.0M | |
| Gross profit | −$2.9M | −$2.9M | −$62.6K | $290.8K | $2.4M | $2.1M | |
| Operating income | −$10.7M | −$10.7M | $0 | $0 | −$3.3M | −$7.0M | |
| Net income | −$9.9M | −$9.9M | −$6.0M | −$3.2M | −$2.7M | $836.4K | |
| Diluted EPS | −$0.67 | −$0.67 | −$0.31 | −$0.17 | −$0.12 | $0.04 | |
| Gross margin | -122.0% | -122.0% | — | 100.0% | 29.8% | 26.1% | |
| Operating margin | -446.6% | -446.6% | — | 0.0% | -41.2% | -87.2% |
Fiscal years (4-quarter sums)FY19 $0 · FY20 $0 · FY21 $35.3K · FY22 $0 · FY23 $5.5M
Revenue by geography · FY25
Balance sheet, Dec 31, 2025Cash & short-term investments $666.2K · Total debt $2.5M · Total assets $41.8M · Shareholders' equity $18.7M
Dividends
No dividends on record.
Ownership
Shares outstanding 7.05M · Float 5.81M · 82.5% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Lantern Management Fund LP | 1.75M | 9.99% | 13G | Feb 13, 2026 |
| Frederico Figueira de Chaves | 418.4K | 17.20% | 13D | Dec 4, 2025 |
| John-Paul Backwell | 400.0K | 16.60% | 13D | Dec 4, 2025 |
| Bower Four Capital Corp. | 350.5K | 9.99% | 13G | May 8, 2026 |
| Roxy Capital Corp | 343.7K | 9.99% | 13G | May 8, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
- Uranium Royalty
Non-operating uranium royalty consolidator competing for royalty deals.
- VanEck Intermediate Muni ETF
PEM electrolyzer supplier competing for hydrogen-project equipment and design.
- Plug Power
Turnkey PEM-hydrogen supplier spanning FEED, electrolyzers, and support.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Fusion Fuel Green | $2.15 | +1.90% | $14.9M | — | — | 0.9 | — |
| Uranium Royalty | $4.17 | −1.89% | $623.8M | 15.2 | 82.8 | 2.4 | +450,739.6% |
| VanEck Intermediate Muni ETF | $45.82 | 0.00% | $2.18B | — | — | — | — |
| Plug Power | $2.20 | +0.46% | $3.06B | — | — | 4.1 | +2.5% |
| Median | 15.2 | 82.8 | 3.3 | +225,371.0% |





