Fusion Fuel Quantifies FY2025 Restatement: €4.0M Higher Net Loss, €3.8M Equity Hit
HTOO sits 17% above its 52-week low of $1.8 on light trading volume (0.2× avg).
Summary
Fusion Fuel Green quantified its FY2025 restatement: net loss up ~€4.0M, equity down ~€3.8M, driven by QIND goodwill impairment and FX reclassification errors. Non-cash, but the amended 20-F filing date remains unknown.
Key Events · Legal and Risk Events · HTOO
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FY2025 Restatement Quantified
Preliminary estimates show net loss for FY2025 will increase by approximately €4.0 million and total equity will decrease by approximately €3.8 million.
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Goodwill Impairment on QIND
A goodwill impairment charge of approximately €1.1 million is required on the Quality Industrial Corp. acquisition, reflecting the corrected goodwill position.
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FX Reclassification Error
Approximately €3.1 million of foreign currency translation differences were incorrectly classified in finance income rather than other comprehensive income.
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New Non-Controlling Interest Error
Management also identified that QIND's non-controlling interests were not attributed their share of results and other comprehensive income for FY2025.
Analysis · HTOO · Technology
This amendment puts hard numbers on the restatement first disclosed on September 25, 2026. The company now estimates the FY2025 net loss will grow by about €4.0 million — driven by a €1.1 million goodwill impairment on the QIND acquisition and a €3.1 million reclassification of foreign exchange differences out of finance income — while total equity drops by roughly €3.8 million. A newly identified error involving non-controlling interests in QIND is also disclosed. The adjustments are non-cash and management says they should not affect cash position, revenue, or Nasdaq listing compliance, but the restatement is still preliminary and unaudited, and the amended 20-F has no filing date yet.
How filings like this one have moved
In the 30 days to Oct 6, 2026, 36.5% of the 1012 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HTOO was trading at $2.10 on NASDAQ in the Technology sector, with a market capitalization of approximately $15.8M. The 52-week trading range was $1.80 to $5.42. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.