Fusion Fuel Green builds and sells hydrogen generators, plus runs monitoring services for green hydrogen plants across Portugal, Southern Europe, and Morocco. Think of it as a niche equipment maker for a fuel still finding its footing.
Money comes from selling hydrogen generators and supplying green hydrogen directly, with a gross margin around 27.94% in 2025. But revenue is tiny (EUR 0.01B) and operations lose money—operating margin hit -64.20%—so no profit engine yet.
No visible edge: its generator tech faces direct competition from established electrolyzer makers like Nel ASA, ITM Power, and Plug Power, and customers can easily switch suppliers. With minimal revenue and heavy losses, nothing stops rivals from undercutting

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Fusion Fuel Green announces new subcontracts, with the CEO confirming the company is on track for revenue projections. The discussion focuses on fundamental progress and contract wins.
Main discussion
Breaking: @Fusion_Fuel $HTOO announces $1.4M in New LPG Engineering subcontracts signed in Dubai, UAE with potential annual utility revenue of up to $1M
> @Fusion_Fuel $HTOO announced a $1.4M contract with a potential annual utility revenue of up to $1M Co's CEO said the company is on the track for its revenue projections. This year revenue is expected to hit $20M and $25M in 2027. $HTOO $SPY $PLUG $APD $BE
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