Fusion Fuel Green ( (HTOO) ) has released a notification of late filing.
Fusion Fuel Green PLC has announced a delay in filing its Form 20-F (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to accounting complexities arising from the consolidation of operations of Quality Industrial Corp. following a recent transaction. The company anticipates filing the report within fifteen calendar days following the original due date. Financially, the company expects a significant decrease in revenues and cost of sales due to the discontinuation of operations of its subsidiary Fusion Fuel Portugal, S.A. and minimal contributions from Al Shola Gas. The report will also reflect an increase in share-based payments and a decrease in net finance income. Fusion Fuel Green is committed to resolving these issues promptly, as stated by CEO John-Paul Backwell.
Spark’s Take on HTOO Stock
According to Spark, TipRanks’ AI Analyst, HTOO is a Underperform.
Fusion Fuel Green’s overall stock score is primarily driven by its significant financial challenges, including high leverage and negative margins. Technical analysis suggests some stability but lacks strong momentum. The absence of valuation metrics like P/E ratio and dividend yield further hinders the attractiveness of the stock.
To see Spark’s full report on HTOO stock, click here.
More about Fusion Fuel Green
YTD Price Performance: -57.89%
Average Trading Volume: 207,242
Technical Sentiment Signal: Buy
Current Market Cap: $7M
Find detailed analytics on HTOO stock on TipRanks’ Stock Analysis page.