Fusion Elements Plc
HTOOUtilities·Utilities - Renewable·Ireland·Nano·NASD·Nov 11 • 3:59 PM ET
1.20-0.03 (-2.44%)
2026-11-12 06:42 CET
Market cap
9.02 USD m
Revenue, TTM
16.35 USD m
Net income, TTM
-5.99 USD m
Free cash flow, TTM
-10.89 USD m
EPS diluted, TTM
-2.25
P/E
-
Price
HTOO against its 20, 50 and 200-day averages2050200earnings
76.4% under the 52-week high of 5.08 on 16 Jan 2026. 52-week low 1.11 on 9 Nov 2026. Last 15 sessions, 68.9% high to low
Volume 0.12× normal · the line is the 50-bar volume average
Profile
HTOO52-week range, 2% of the way up
1.115.08
Fusion Fuel Green Plc engages in the research and development of solar technologies. It develops a process and technology to produce emission-free green hydrogen using concentrated photovoltaic technology. The company was founded in 2018 and is headquartered in Dublin, Ireland.
| Employees | 124 |
|---|---|
| IPO | Dec 10, 2020 |
| Beta | 1.86 |
| ATR, 14d | 0.17 |
| Rel volume | 0.12 |
| Short float | 0.27% |
| Insider own | 7.76% |
| Inst own | 0.27% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 9.01M |
| Enterprise Value | 17.02M |
| Income | -5.99M |
| Sales | 16.35M |
| Book/sh | 4.35 |
| Cash/sh | 0.04 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 124 |
| IPO | Dec 10, 2020 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 0.55 |
| P/B | 0.28 |
| P/C | 30.05 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | 1.04 |
| Quick Ratio | 0.51 |
| Current Ratio | 0.52 |
| Debt/Eq | 0.18 |
| LT Debt/Eq | 0.02 |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | -2.25 |
|---|---|
| EPS next Y | - |
| EPS next Q | - |
| EPS this Y | - |
| EPS next Y | - |
| EPS next 5Y | - |
| EPS past 3/5Y | 64.18% 46.36% |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | 84.18% |
| Sales Y/Y TTM | 75.69% |
| EPS Q/Q | - |
| Sales Q/Q | - |
| Earnings | May 15 BMO |
| EPS/Sales Surpr. | -50.39% -100.00% |
Ownership
| Insider Own | 7.76% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 0.27% |
| Inst Trans | 4.31% |
| ROA | -16.54% |
| ROE | -45.29% |
| ROIC | -40.90% |
| Gross Margin | 3.38% |
| Oper. Margin | -71.49% |
| Profit Margin | -36.63% |
| SMA20 | -26.17% |
| SMA50 | -37.69% |
| SMA200 | -55.11% |
| Trades | - |
Technical
| Shs Outstand | 7.52M |
|---|---|
| Shs Float | 6.93M |
| Short Float | 0.27% |
| Short Ratio | 0.36 |
| Short Interest | 0.02M |
| 52W High | 5.08 -76.38% |
| 52W Low | 1.11 8.11% |
| Volatility | 19.15% 10.40% |
| ATR (14) | 0.17 |
| RSI (14) | 23.31 |
| Beta | 1.86 |
| Rel Volume | 0.12 |
| Avg Volume | 52.05K |
| Volume | 6,296 |
Performance
| Perf Week | -25.93% |
|---|---|
| Perf Month | -36.84% |
| Perf Quarter | -50.21% |
| Perf Half Y | -61.17% |
| Perf YTD | -63.96% |
| Perf Year | -71.90% |
| Perf 3Y | -93.39% |
| Perf 5Y | -99.73% |
| Perf 10Y | - |
| Recom | 3.00 |
| Target Price | 55.02 |
| Prev Close | 1.23 |
| Price | 1.20 |
| Change % | -2.44% |
Analyst ratings
latest 1 of 1| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Jun 08, 2021 | Initiated | HH.C. Wainwright | Buy | $25 | +1,983.3% |
Peers
Mkt capNews
latest 14 of 200- Fusion Fuel Announces Al Shola Gas Contracted Engineering Project Portfolio of $5.2 Million Across 87 Projects (GlobeNewswire)
- Fusion Fuel Enters $2.0 Million Share Exchange with QIND, Supporting Restructuring of Al Shola Gas Acquisition Obligations (GlobeNewswire)
- Fusion Fuel Reports First Half 2026 Results and Expects Full-Year Revenue Growth of 11-25% (GlobeNewswire)
- Fusion Fuel Expands Al Shola Gas LPG Distribution Capacity with New Bobtail Expected to Generate Approximately $1.6 Million in Annual Recurring Revenue at Target Run-Rate (GlobeNewswire) +5.65%
- Fusion Fuel Announces Approximately $1.4 Million in New LPG Engineering Subcontracts Signed in Dubai, UAE, with Potential Annual Utility Revenue of Up to $1.0 Million (GlobeNewswire)
- Fusion Fuel Announces BrightHy Solutions Achieved Key Execution Milestones on Two Green Hydrogen Projects in Southern Europe (GlobeNewswire)
- Fusion Fuel Closes Strategic Royal Uranium Acquisition, Acquiring Uranium and Natural Gas Royalty Interests (GlobeNewswire)
- Fusion Fuel Shareholders Approve All Proposed Resolutions, Including Potentially Transformational Royal Uranium Acquisition (GlobeNewswire)
- Fusion Fuel Highlights Jaguar Uranium's Surface Uranium-Copper-Vanadium Findings at Huemul Project; Planned Royal Uranium Acquisition Expected to Provide 1.0% NSR Royalty Exposure (GlobeNewswire)
- Fusion Fuel Releases Investor Update Video and Investor Presentation (GlobeNewswire) +11.29%
- Fusion Fuel Announces BrightHy Solutions Will Construct and Operate 2 MW Industrial Green Hydrogen Project for Cimsa Cementos in Spain (GlobeNewswire) +10.68%
- Fusion Fuel Green PLC to Convene Extraordinary General Meeting on Proposed Acquisition of Royal Uranium Inc., Conversion of Preferred Shares and Change of Name to Fusion Elements plc (GlobeNewswire)
- Fusion Fuel Highlights First Quarter 2026 Financial Results of Majority-Owned Subsidiary Quality Industrial Corp., Highlighted by Return to Profitability and Significant Operating Expense Reduction (GlobeNewswire)
- Fusion Fuel to Release Investor Update Video and Presentation Highlighting Strategic Progress and Key Milestones for the Year Ahead (GlobeNewswire)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2024Q3 | 2026-05-15 | - | -8.876 | - | - | 4.59 | 1 |
| 2024Q2 | 2024-08-13 | -12.348 | -12.187 | - | 1.65 | 1.63 | 1 |
| 2024Q1 | 2024-06-05 | -11.428 | -7.599 | - | 0.00 | 2.06 | 1 |
| 2023Q4 | 2024-03-06 | -31.199 | -15.054 | - | 1.75 | 1.83 | 1 |
| 2023Q3 | 2023-12-04 | -10.539 | -8.495 | - | 2.69 | 1.36 | 2 |
| 2023Q2 | 2023-08-30 | -32.165 | -11.039 | - | 0.00 | 3.82 | 2 |
| 2023Q1 | 2023-06-05 | -6.853 | - | - | 0.65 | - | 2 |
| 2022Q4 | 2023-02-28 | -30.996 | - | -44.631 | 0.00 | - | 2 |
| 2022Q3 | 2022-11-28 | -4.515 | - | -9.356 | 0.00 | - | 2 |
| 2022Q2 | 2022-09-08 | 3.231 | - | - | 0.00 | - | 2 |
| 2022Q1 | 2022-06-06 | -24.395 | -7.683 | -27.292 | 0.00 | 3.51 | 1 |
| 2021Q4 | 2022-03-03 | 39.774 | -18.550 | - | 0.00 | - | 1 |
| 2021Q1 | 2021-05-14 | 18.732 | -5.604 | - | 0.56 | 0.00 | - |
| 2020Q4 | 2021-03-03 | -1.750 | -1.764 | - | 0.00 | 0.00 | - |
| 2020Q3 | 2021-02-17 | 0.000 | - | 0.042 | 0.00 | - | - |
| 2024Q4 | - | - | -3.087 | - | - | 9.92 | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2021FY | 50.722 | -31.378 | 73.861 | 0.55 | 0.55 |
| 2022FY | -64.165 | - | -75.459 | 0.00 | - |
| 2023FY | -79.503 | -52.594 | - | 4.51 | 4.48 |
| 2024FY | - | -9.958 | -31.419 | - | 33.92 |
| 2025FY | - | -10.724 | -3.469 | - | 66.20 |
| 2026FY | - | -5.362 | - | - | 96.83 |
| 2027FY | - | 4.333 | - | - | 86.42 |
| 2028FY | - | 7.581 | - | - | 95.06 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2024Q3 | S | 2024-08-13 | 1 | 0 | 0 | 4.59 | 4.59 | 4.59 |
| 2024Q3 | S | 2024-06-05 | 1 | 0 | 0 | 4.57 | 4.57 | 4.57 |
| 2024Q3 | S | 2024-03-06 | 1 | 0 | 0 | 4.56 | 4.56 | 4.56 |
| 2024Q3 | E | 2024-08-19 | 1 | 0 | 0 | -0.25 | -0.25 | -0.25 |
| 2024Q3 | E | 2024-08-13 | 1 | 0 | 1 | -0.25 | -0.25 | -0.25 |
| 2024Q3 | E | 2024-06-05 | 1 | 0 | 1 | -0.25 | -0.25 | -0.25 |
| 2024Q3 | E | 2024-03-06 | 1 | 0 | 0 | -0.10 | -0.10 | -0.10 |
| 2024Q2 | S | 2024-08-19 | 1 | 0 | 0 | 1.65 | 1.65 | 1.65 |
| 2024Q2 | S | 2024-06-05 | 1 | 0 | 1 | 1.63 | 1.63 | 1.63 |
| 2024Q2 | S | 2024-03-25 | 1 | 0 | 0 | 2.82 | 2.82 | 2.82 |
| 2024Q2 | S | 2024-03-14 | 1 | 0 | 0 | 2.82 | 2.82 | 2.82 |
| 2024Q2 | S | 2024-03-12 | 1 | 0 | 0 | 2.82 | 2.82 | 2.82 |
| 2024Q2 | S | 2024-03-11 | 1 | 0 | 0 | 2.82 | 2.82 | 2.82 |
| 2024Q2 | S | 2024-03-06 | 1 | 0 | 0 | 2.82 | 2.82 | 2.82 |
Estimate history
| EPS, annual | -0.145 | 15.042 | -78.124 | 73.861 | -75.459 | -80.116 | -31.419 | -3.469 |
|---|---|---|---|---|---|---|---|---|
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| EPS, quarterly | -9.356 | -44.631 | - | - | ||||
| Period | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | ||||
| Sales, annual | 0 | 0 | 0 | 0 | 0 | 4.48 | 1.736 | 16.268 |
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Sales, quarterly | 0 | 0 | 0.624 | 0 | ||||
| Period | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | ||||
| Shares, annual | 0.199 | 0.199 | 12.054 | 0.375 | 0.394 | 0.426 | 0.655 | 2.288 |
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Shares, quarterly | 0.383 | 0.394 | 0.415 | 0.415 | ||||
| Period | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 16.35 | 16.27 | 1.74 | 4.48 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 15.80 | 14.29 | 4.11 | 24.46 | 10.26 | 0.41 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.55 | 1.98 | -2.37 | -19.98 | -10.26 | -0.41 | 0.00 | 0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 12.24 | 12.23 | 17.33 | 17.96 | 22.94 | 7.68 | 5.46 | - | - |
| Research and Development | - | 0.00 | 0.00 | 2.08 | 0.95 | - | - | - | - |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.76 | 1.03 | 0.45 |
| Operating Income | -11.69 | -10.25 | -19.70 | -37.94 | -33.21 | -8.10 | -6.22 | -1.03 | -0.45 |
| Interest Expense | 0.11 | 0.03 | 0.57 | 0.59 | 0.07 | 0.03 | 0.00 | - | 0.00 |
| Unusual Expense | -4.11 | -4.01 | -2.50 | -5.10 | -3.57 | -33.57 | 202.54 | 0.00 | -0.00 |
| Net Income Before Taxes | -7.12 | -5.72 | -16.50 | -33.10 | -28.05 | 28.60 | -208.76 | -0.20 | 0.83 |
| Income Taxes | -0.27 | -0.10 | 0.03 | 0.17 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -6.85 | -5.62 | -16.53 | -33.53 | -28.74 | 27.85 | -208.76 | -0.20 | 0.83 |
| Net Income From Continuing Operations | -5.99 | -4.63 | -16.59 | -33.53 | -28.74 | 27.85 | -208.76 | -0.20 | 0.83 |
| Net Income | -5.99 | -4.63 | -16.59 | -33.53 | -28.74 | 27.85 | -208.76 | -0.20 | 0.83 |
| EPS (Recurring) | -3.04 | -5.57 | -34.73 | -88.65 | -82.02 | 11.55 | -25.07 | -1.10 | 15.02 |
| EPS (Basic, Before Extraordinaries) | -2.25 | -3.47 | -31.42 | -80.12 | -75.46 | 74.36 | -78.12 | -1.10 | 15.04 |
| EPS (Diluted) | -2.25 | -3.47 | -31.42 | -80.12 | -75.46 | 73.86 | -78.12 | -1.10 | 15.04 |
| EBITDA | -7.56 | -7.51 | -16.85 | -35.20 | -32.16 | -7.68 | -6.22 | -1.03 | -0.45 |
| Non-Operating Income (Expense) | 0.56 | 0.54 | 1.27 | 0.34 | 1.66 | 3.15 | -0.01 | 0.83 | 1.27 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 1.92 | 1.54 | 2.07 | 1.32 | 2.99 | -0.99 | 1.43 | - | - |
| Price To Earnings Ratio | - | - | - | - | - | - | - | 898.25 | 30.59 |
| Price To Sales Ratio | 0.47 | 0.27 | 5.99 | 3.66 | - | - | - | - | - |
| Gross Margin | 3.38 | 12.17 | -136.70 | -445.97 | - | - | - | - | - |
| Operating Margin | -71.49 | -62.98 | -1,134.70 | -846.94 | - | - | - | - | - |
| Net Margin | -36.63 | -28.48 | -955.33 | -748.46 | - | - | - | - | - |
| Shares Outstanding | 3.30 | 2.29 | 0.65 | 0.43 | 0.39 | 0.37 | 12.05 | 0.19 | 0.20 |
| Market Capitalization | 9.02 | 9.02 | 12.90 | 16.28 | 59.45 | 108.66 | 7,775.57 | 79.85 | 70.40 |
Income statement, quarterly
| Metric | 2026S1 | 2025S2 | 2025S1 | 2024S2 | 2024S1 |
|---|---|---|---|---|---|
| Total Revenue | 7.62 | 8.73 | 7.57 | 1.74 | 0.00 |
| Cost of Goods Sold Incl. D&A | 6.81 | 8.99 | 5.41 | 2.67 | 1.45 |
| Gross Profit | 0.82 | -0.26 | 2.16 | -0.93 | -1.45 |
| Selling, General and Administrative Excl. Other | 5.25 | 6.99 | 5.28 | 9.64 | 7.05 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -4.43 | -7.26 | -3.12 | -10.57 | -8.50 |
| Interest Expense | 0.10 | 0.00 | 0.03 | 0.15 | 0.42 |
| Unusual Expense | -0.01 | -4.09 | -0.05 | -3.29 | -0.33 |
| Net Income Before Taxes | -4.43 | -2.69 | -3.02 | -6.27 | -8.56 |
| Income Taxes | -0.08 | -0.20 | 0.08 | -0.01 | 0.03 |
| Consolidated Net Income | -4.36 | -2.50 | -3.10 | -6.26 | -8.59 |
| Net Income From Continuing Operations | -3.94 | -2.05 | -2.57 | -6.32 | -8.59 |
| Net Income | -3.94 | -2.05 | -2.57 | -6.32 | -8.59 |
| EPS (Recurring) | -1.36 | -2.15 | -3.74 | -14.35 | -18.21 |
| EPS (Basic, Before Extraordinaries) | -1.35 | -0.90 | -3.70 | -10.52 | -17.72 |
| EPS (Diluted) | -1.35 | -0.90 | -3.70 | -10.52 | -17.72 |
| EBITDA | -3.03 | -4.53 | -3.03 | -9.38 | -6.84 |
| Non-Operating Income (Expense) | 0.09 | 0.47 | 0.08 | 1.16 | 0.03 |
| Stock Option Compensation Expense | 0.78 | 1.15 | 0.42 | 1.08 | 0.99 |
| Price To Sales Ratio | 0.47 | 0.47 | 0.52 | 6.81 | - |
| Gross Margin | 10.71 | -3.02 | 28.58 | -53.40 | - |
| Operating Margin | -58.15 | -83.14 | -41.21 | -608.22 | - |
| Net Margin | -51.70 | -23.48 | -33.89 | -363.74 | - |
| Shares Outstanding | 3.30 | 2.29 | 0.75 | 0.65 | 0.50 |
| Market Capitalization | 9.02 | 6.03 | 5.22 | 12.90 | 12.82 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 0.68 | 0.22 | 1.27 | 8.71 | 8.73 | 70.97 | 0.11 | 0.02 | 0.05 |
| Short Term Receivables | 5.90 | 3.12 | 5.62 | 6.65 | 4.43 | 0.67 | 0.02 | 0.00 | 0.00 |
| Inventories | 0.20 | 1.23 | 4.06 | 23.84 | 4.19 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.78 | 0.82 | 1.57 | 2.15 | 36.42 | 2.03 | 0.04 | 0.05 | 0.00 |
| Total Current Assets | 7.55 | 5.40 | 12.51 | 41.35 | 53.78 | 73.67 | 0.17 | 0.07 | 0.05 |
| Net Property, Plant & Equipment | 1.45 | 0.32 | 27.37 | 22.70 | 20.60 | 0.01 | 0.00 | 0.00 | 0.00 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 53.86 | 56.27 | 0.00 |
| Long-Term Note Receivable | - | 1.89 | - | - | - | - | - | - | - |
| Intangible Assets | 28.37 | 31.64 | 5.61 | 5.71 | 4.37 | 2.70 | 0.00 | 0.00 | 0.00 |
| Other Assets | 0.30 | 0.00 | 1.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.31 |
| Total Assets | 37.66 | 37.36 | 46.78 | 69.76 | 78.75 | 76.38 | 54.03 | 56.34 | 0.36 |
| Short Term Debt Incl. Current Port. of LT Debt | 2.25 | 2.13 | 2.38 | 0.72 | 0.44 | 0.00 | 1.33 | 0.00 | 0.20 |
| Accounts Payable | 1.61 | 3.83 | 12.17 | 0.00 | 0.00 | 2.17 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 10.45 | 8.77 | 7.95 | 26.43 | 21.54 | 65.19 | 0.19 | 0.00 | 0.14 |
| Total Current Liabilities | 14.31 | 14.73 | 22.49 | 27.15 | 21.98 | 67.37 | 1.52 | 0.00 | 0.34 |
| Long Term Debt | 0.33 | 0.16 | 11.00 | 8.17 | 0.47 | 0.00 | 0.53 | 0.00 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 3.37 | 6.69 | 10.27 | 3.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 18.01 | 21.58 | 43.77 | 38.43 | 22.44 | 67.37 | 2.05 | 0.00 | 0.34 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 13.65 | 11.64 | 3.02 | 31.33 | 56.31 | 9.01 | 51.97 | 56.34 | 0.02 |
| Total Shareholders Equity | 13.65 | 11.64 | 3.02 | 31.33 | 56.31 | 9.01 | 51.97 | 56.34 | 0.02 |
| Accumulated Minority Interest | 6.00 | 4.14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 19.66 | 15.78 | 3.02 | 31.33 | 56.31 | 9.01 | 51.97 | 56.34 | 0.02 |
| Total Liabilities & Stockholders Equity | 37.66 | 37.36 | 46.78 | 69.76 | 78.75 | 76.38 | 54.03 | 56.34 | 0.36 |
| Book Value Per Share | 5.97 | 17.77 | 7.08 | 79.42 | 150.16 | 0.75 | 277.25 | 283.19 | 0.10 |
| Tangible Book Value Per Share | -6.43 | -30.55 | -6.08 | 64.94 | 138.49 | 0.52 | 277.25 | 283.19 | 0.10 |
| Full-Time Employees | 124 | 131 | 116 | 150 | 80 | 19 | 2 | 2 | - |
| Price to Book Ratio | 0.28 | 0.97 | 0.81 | 1.39 | 387.71 | 862.98 | 1.54 | 1.25 | 1.25 |
| Return on Assets | -13.88 | -39.42 | -57.54 | -38.71 | 41.95 | -314.60 | -0.37 | 2.91 | - |
| Return on Equity | -34.46 | -226.37 | -195.27 | -65.59 | 51.44 | -638.90 | -0.37 | 2.93 | - |
| Return on Invested Capital | -33.14 | -140.59 | -239.22 | -72.78 | 49.06 | -2,316.96 | -0.38 | 1.46 | -26.05 |
| Quick Ratio | 0.51 | 0.28 | 0.38 | 0.64 | 2.26 | 1.09 | 0.11 | 50.65 | 0.15 |
| Current Ratio | 0.53 | 0.37 | 0.56 | 1.52 | 2.45 | 1.09 | 0.11 | 50.65 | 0.15 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | -7.06 | -5.62 | -16.53 | -33.53 | -28.74 | 27.85 | -208.76 | -0.20 | 0.83 |
| Depreciation | 4.14 | 2.74 | 2.85 | 2.74 | 1.05 | 0.41 | - | - | - |
| Other Funds (Non Cash) | -3.23 | -3.47 | 3.14 | 6.99 | 8.02 | -36.94 | 204.94 | -0.83 | -1.27 |
| Funds from Operations | -6.15 | -6.35 | -10.54 | -23.80 | -19.67 | -8.68 | -3.82 | -1.03 | -0.45 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -4.13 | -2.93 | 1.59 | 13.87 | -11.70 | -8.65 | -0.96 | 0.20 | -0.05 |
| Cash from Operating Activities | -10.28 | -9.28 | -8.96 | -9.93 | -31.37 | -17.32 | -4.77 | -0.82 | -0.50 |
| Capital Expenditures | -0.61 | -0.36 | -0.21 | -10.08 | -11.23 | -22.18 | -0.34 | 0.00 | 0.00 |
| Net Assets From Acquisitions | -1.27 | -0.96 | 0.00 | 0.00 | 0.00 | 0.00 | -1.31 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.84 | 0.81 | 0.84 | 0.47 | 8.83 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.16 | 0.00 | 0.00 | -0.26 | 28.64 | -31.60 | 0.00 | -0.93 | -55.00 |
| Purchase of Investments | 0.16 | 0.00 | 0.00 | -0.26 | -0.67 | -53.14 | 0.00 | -0.93 | -55.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 29.31 | 21.54 | 0.00 | 0.00 | 0.00 |
| Other Uses | -0.10 | 0.00 | -0.27 | 0.00 | 0.00 | 0.00 | 0.00 | -0.02 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.51 | 8.62 | 0.00 | 0.00 | 0.00 | 4.16 | 0.00 |
| Cash from Investing Activities | -0.98 | -0.51 | 0.87 | -1.25 | 26.23 | -53.78 | -1.65 | 3.22 | -55.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 7.09 | 4.39 | 6.43 | 3.24 | 3.87 | 11.88 | 73.32 | -4.16 | 55.66 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -4.16 | 0.00 |
| Sale of Common Pref Stock | 7.09 | 4.39 | 6.43 | 3.24 | 3.87 | 11.88 | 73.32 | 0.00 | 55.66 |
| Proceedsfrom Stock Options | 7.09 | 4.39 | 6.43 | 3.24 | 3.87 | 0.00 | 68.56 | 0.00 | 53.29 |
| Issuance or Reduction of Debt, Net | 3.71 | 5.61 | 1.37 | 1.47 | 0.00 | 0.00 | 0.00 | 1.86 | -0.12 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.53 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.53 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.36 | 0.22 | -0.00 | 0.00 | 0.00 | 0.00 | -0.02 | 0.00 | -0.07 |
| Other Financing Activities Uses | - | - | -0.00 | 0.00 | 0.00 | 0.00 | -0.02 | 0.00 | -0.07 |
| Cash from Financing Activities | 10.95 | 10.02 | 6.99 | 3.32 | 2.49 | 11.32 | 73.31 | -2.30 | 55.46 |
| Exchange Rate Effect | 0.22 | 0.19 | 0.09 | 3.12 | 0.09 | 0.29 | -0.76 | - | - |
| Net Change in Cash | -0.08 | 0.41 | -1.01 | -4.73 | -2.57 | -59.49 | 66.13 | 0.09 | -0.03 |
| Free Cash Flow | -10.89 | -9.65 | -8.97 | -19.21 | -40.40 | -36.96 | -4.78 | -0.82 | -0.50 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026S1 | 2025S2 | 2025S1 | 2024S2 | 2024S1 |
|---|---|---|---|---|---|
| Cash & Short Term Investments | 0.30 | 0.68 | 0.40 | 0.22 | 0.44 |
| Short Term Receivables | 7.58 | 5.90 | 3.87 | 3.13 | 4.04 |
| Inventories | 0.26 | 0.20 | 0.94 | 1.17 | 5.70 |
| Other Current Assets | 0.79 | 0.78 | 2.88 | 2.73 | 1.51 |
| Total Current Assets | 8.94 | 7.55 | 8.09 | 7.25 | 11.69 |
| Net Property, Plant & Equipment | 1.60 | 1.45 | 0.38 | 0.32 | 26.04 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | 27.10 | 28.37 | 22.29 | 19.66 | 4.96 |
| Other Assets | 1.54 | 0.30 | 0.00 | 0.00 | 1.26 |
| Total Assets | 39.56 | 37.66 | 32.89 | 29.12 | 43.94 |
| Short Term Debt Incl. Current Port. of LT Debt | 2.24 | 2.25 | 2.41 | 2.15 | 2.21 |
| Accounts Payable | 2.47 | 1.61 | 2.87 | 2.94 | 11.78 |
| Other Current Liabilities | 12.38 | 10.45 | 14.42 | 8.38 | 6.81 |
| Total Current Liabilities | 17.08 | 14.31 | 19.70 | 13.47 | 20.81 |
| Long Term Debt | 0.31 | 0.33 | 0.21 | 0.16 | 10.68 |
| Deferred Tax Liabilities | 1.93 | - | - | - | - |
| Other Liabilities | 0.00 | 3.37 | 3.46 | 4.41 | 10.47 |
| Total Liabilities | 19.46 | 18.01 | 23.36 | 18.05 | 41.96 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 14.33 | 13.65 | 12.12 | 13.24 | 1.98 |
| Total Shareholders Equity | 14.33 | 13.65 | 12.12 | 13.24 | 1.98 |
| Accumulated Minority Interest | 5.76 | 6.00 | -2.59 | -2.17 | 0.00 |
| Total Equity | 20.09 | 19.66 | 9.53 | 11.08 | 1.98 |
| Total Liabilities & Stockholders Equity | 39.56 | 37.66 | 32.89 | 29.12 | 43.94 |
| Book Value Per Share | 4.35 | 5.97 | 16.24 | 20.22 | 3.98 |
| Tangible Book Value Per Share | -3.87 | -6.43 | -13.63 | -9.80 | -5.96 |
| Price to Book Ratio | 0.28 | 0.20 | 0.43 | 0.97 | 0.64 |
| Return on Assets | -16.54 | -13.82 | -23.13 | - | - |
| Return on Equity | -45.29 | -34.31 | -125.98 | - | - |
| Return on Invested Capital | -26.91 | -14.65 | -20.81 | -47.15 | -67.82 |
| Quick Ratio | 0.51 | 0.51 | 0.36 | 0.45 | 0.29 |
| Current Ratio | 0.52 | 0.53 | 0.41 | 0.54 | 0.56 |
Cash flow, quarterly
| Metric | 2026S1 | 2025S2 | 2025S1 | 2024S2 | 2024S1 |
|---|---|---|---|---|---|
| Net Income | -4.36 | -2.71 | -3.10 | -6.27 | -8.59 |
| Depreciation | 1.41 | 2.74 | 0.09 | 1.19 | 1.66 |
| Other Funds (Non Cash) | 0.87 | -4.11 | 0.52 | 0.90 | 0.55 |
| Funds from Operations | -2.07 | -4.08 | -2.48 | -4.18 | -6.39 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -0.37 | -3.76 | 0.73 | 3.79 | -2.18 |
| Cash from Operating Activities | -2.44 | -7.84 | -1.75 | -0.39 | -8.57 |
| Capital Expenditures | -0.26 | -0.36 | -0.02 | -0.08 | -0.13 |
| Net Assets From Acquisitions | -0.28 | -0.99 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.84 | 0.00 | 0.36 | 0.48 |
| Purchase or Sale of Investments | -0.02 | 0.19 | -0.19 | 0.00 | 0.00 |
| Purchase of Investments | -0.02 | 0.19 | -0.19 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | -0.10 | 0.00 | 0.00 | -0.27 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.51 |
| Cash from Investing Activities | -0.65 | -0.33 | -0.20 | 0.01 | 0.86 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 2.83 | 4.26 | 0.28 | 0.01 | 6.42 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 2.83 | 4.26 | 0.28 | 0.01 | 6.42 |
| Proceedsfrom Stock Options | 2.83 | 4.26 | 0.28 | 0.01 | 6.42 |
| Issuance or Reduction of Debt, Net | -0.00 | 3.71 | 2.09 | 0.09 | 1.28 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | -0.10 | 0.46 | -0.23 | 0.00 | 0.00 |
| Other Financing Activities Uses | -0.10 | - | -0.23 | 0.00 | 0.00 |
| Cash from Financing Activities | 2.71 | 8.25 | 2.11 | 0.04 | 6.96 |
| Exchange Rate Effect | 0.02 | 0.20 | -0.01 | 0.13 | -0.04 |
| Net Change in Cash | -0.36 | 0.28 | 0.14 | -0.21 | -0.80 |
| Free Cash Flow | -2.70 | -8.20 | -1.77 | -0.40 | -8.58 |
Revenue breakdown
| Bulk LPG deliveries | 2024: 471.73K 2025: 5.13M |
|---|---|
| Engineering, installation and annual maintenance contracts | 2024: 625.37K 2025: 4.66M |
| Hydrogen engineering and advisory services | 2025: 5.64K |
| LPG cylinder sales | 2024: 407.90K 2025: 4.01M |
| Metered LPG utility services | 2024: 231.54K 2025: 2.45M |
| Spain | 2025: 5.64K |
| United Arab Emirates | 2024: 1.74M 2025: 16.25M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 0.27% | 0.0M | 6.9M | 50.83K |
| 2026-10-15 | 0.29% | 0.0M | 6.9M | 47.83K |
| 2026-09-30 | 0.30% | 0.0M | 6.9M | 47.39K |
| 2026-09-15 | 0.29% | 0.0M | 6.5M | 43.81K |
| 2026-08-31 | 0.17% | 0.0M | 5.8M | 11.32K |
| 2026-08-14 | 0.13% | 0.0M | 5.8M | 14.46K |
| 2026-07-31 | 0.21% | 0.0M | 5.8M | 22.96K |
| 2026-07-15 | 0.29% | 0.0M | 2.7M | 28.29K |
| 2026-06-30 | 0.34% | 0.0M | 2.7M | 30.86K |
| 2026-06-15 | 0.29% | 0.0M | 2.7M | 34.42K |
| 2026-05-29 | 0.58% | 0.0M | 2.7M | 192.92K |
| 2026-05-15 | 1.30% | 0.0M | 2.7M | 193.58K |
| 2026-04-30 | 1.54% | 0.0M | 2.3M | 187.50K |
| 2026-04-15 | 2.49% | 0.1M | 2.3M | 190.39K |
| 2026-03-31 | 4.02% | 0.1M | 2.3M | 193.61K |
| 2026-03-13 | 4.55% | 0.1M | 1.8M | 225.45K |
| 2026-02-27 | 2.76% | 0.0M | 1.8M | 408.97K |
| 2026-02-13 | 1.96% | 0.0M | 1.8M | 408.53K |
| 2026-01-30 | 3.35% | 0.1M | 1.5M | 422.95K |
| 2026-01-15 | 5.61% | 0.1M | 1.5M | 427.18K |
Option chain
expiry 2026-11-12| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-10-28 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-28 | SEC |
| 2026-10-22 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-22 | SEC |
| 2026-10-14 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-14 | SEC |
| 2026-10-13 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-30 | SEC |
| 2026-10-06 | 20-F/A | 2025-12-31 | SEC | |
| 2026-10-06 | 6-K/A | 2026-09-30 | SEC | |
| 2026-10-02 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-30 | SEC |
| 2026-09-25 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-25 | SEC |
| 2026-09-25 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-25 | SEC |
| 2026-09-23 | 424B3 | SEC | ||
| 2026-09-22 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-09-15 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-15 | SEC |
| 2026-09-11 | F-3 | Registration statement for specified transactions by certain foreign private issuers | SEC | |
| 2026-09-10 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-10 | SEC |
| 2026-09-04 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-04 | SEC |
| 2026-08-20 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-20 | SEC |
| 2026-08-13 | D | Notice of sales of securities on Form D (Regulation D) | SEC | |
| 2026-08-12 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-12 | SEC |
| 2026-08-11 | 6-K/A | 2026-08-11 | SEC | |
| 2026-08-07 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-07 | SEC |
| 2026-07-29 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-07-29 | SEC |
| 2026-07-29 | 424B5 | SEC | ||
| 2026-07-29 | 6-K/A | 2026-07-29 | SEC | |
| 2026-07-22 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-07-22 | SEC |
| 2026-06-10 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-10 | SEC |
| 2026-06-09 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-09 | SEC |
| 2026-06-04 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-04 | SEC |
| 2026-05-27 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-05-27 | SEC |
| 2026-05-21 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-05-21 | SEC |
| 2026-05-18 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-05-18 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| CITADEL ADVISORS LLC | 0.54% |
| MORGAN STANLEY | 0.03% |
| UBS Group AG | 0.02% |
| SBI Securities Co., Ltd. | 0.00% |
| Ameritas Advisory Services, LLC | 0.00% |
| NATIONAL BANK OF CANADA /FI/ | 0.00% |
| CREATIVE FINANCIAL DESIGNS INC /ADV | 0.00% |
| JONES FINANCIAL COMPANIES LLLP | 0.00% |
| ASSETMARK, INC | 0.00% |
| GROUP ONE TRADING LLC | 0.00% |
Funds
| Fund | % owned |
|---|---|
| Blackstone Alternative Multi-Strategy Fund | 0.00% |
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