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Fusion Fuel Green PLC restates FY2025 results due to accounting errors increasing net loss by €4.0 million
HTOOFusion Fuel Green PLC
Fusion Fuel Green PLC identified accounting errors in its fiscal year ended December 31, 2025 financial statements related to the acquisition of Quality Industrial Corp. The company will restate its consolidated financial statements to correct foreign currency translation adjustments on intangibles and goodwill, which were incorrectly classified in profit or loss rather than other comprehensive income. Additionally, a required goodwill impairment analysis was performed, resulting in an estimated increase in net loss of approximately €4.0 million and a reduction in total equity of €3.8 million. The adjustments are non-cash and do not impact the company's cash position or overall business operations. Fusion Fuel Green PLC develops green hydrogen production facilities.