6-K Filing

FUSION FUEL GREEN PLC CIK: 1819794 Q3 2022

Filing Information

Form Type	6-K
Accession Number	`0001171843-22-008028`
Period End Date	20220930
Filing Date	20221214
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	f6k_121222_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 32 Cash Flow Statement 64 Stockholders Equity 24

Balance Sheet 51 line items

Line Item	Tag	Value	Unit	Period
Intangible assets	`IntangibleAssetsAndGoodwill`	3.85M	EUR	Point-in-time
Intangible assets	`IntangibleAssetsAndGoodwill`	5.28M	EUR	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipment`	28.27M	EUR	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipment`	18.11M	EUR	Point-in-time
Total non-current assets	`NoncurrentAssets`	21.96M	EUR	Point-in-time
Total non-current assets	`NoncurrentAssets`	33.55M	EUR	Point-in-time
Inventory	`Inventories`	3.69M	EUR	Point-in-time
Inventory	`Inventories`	12.05M	EUR	Point-in-time
Prepayments and other receivables	`OtherCurrentReceivables`	8.47M	EUR	Point-in-time
Prepayments and other receivables	`OtherCurrentReceivables`	10.87M	EUR	Point-in-time
Financial assets at fair value through profit or loss	`FinancialAssetsAtFairValueThroughProfitOrLoss`	27.45M	EUR	Point-in-time
Financial assets at fair value through profit or loss	`FinancialAssetsAtFairValueThroughProfitOrLoss`	-	EUR	Point-in-time
Financial assets at fair value through profit or loss	`FinancialAssetsAtFairValueThroughProfitOrLoss`	-	EUR	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	7.88M	EUR	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	7.68M	EUR	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	58.01M	EUR	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	3.61M	EUR	Point-in-time
Total current assets	`CurrentAssets`	26.54M	EUR	Point-in-time
Total current assets	`CurrentAssets`	47.29M	EUR	Point-in-time
Total assets	`Assets`	69.25M	EUR	Point-in-time
Total assets	`Assets`	60.08M	EUR	Point-in-time
Trade and other payables lease liability	`TradeAndOtherPayables`	411,000.00	EUR	Point-in-time
Trade and other payables lease liability	`TradeAndOtherPayables`	904,000.00	EUR	Point-in-time
Total non-current liabilities	`NoncurrentLiabilities`	904,000.00	EUR	Point-in-time
Total non-current liabilities	`NoncurrentLiabilities`	411,000.00	EUR	Point-in-time
Trade and other payables	`TradeAndOtherCurrentPayables`	3.42M	EUR	Point-in-time
Trade and other payables	`TradeAndOtherCurrentPayables`	2.88M	EUR	Point-in-time
Provisions	`Provisions`	709,000.00	EUR	Point-in-time
Provisions	`Provisions`	-	EUR	Point-in-time
Derivative financial instruments - warrants	`CurrentDerivativeFinancialLiabilities`	15.27M	EUR	Point-in-time
Derivative financial instruments - warrants	`CurrentDerivativeFinancialLiabilities`	9.74M	EUR	Point-in-time
Accrued expenses	`CurrentAccruedExpensesAndOtherCurrentLiabilities`	1.18M	EUR	Point-in-time
Accrued expenses	`CurrentAccruedExpensesAndOtherCurrentLiabilities`	1.56M	EUR	Point-in-time
Total current liabilities	`CurrentLiabilities`	15.42M	EUR	Point-in-time
Total current liabilities	`CurrentLiabilities`	19.33M	EUR	Point-in-time
Total liabilities	`Liabilities`	19.74M	EUR	Point-in-time
Total liabilities	`Liabilities`	16.32M	EUR	Point-in-time
Net assets	`OtherNoncurrentFinancialAssets`	49.51M	EUR	Point-in-time
Net assets	`OtherNoncurrentFinancialAssets`	43.76M	EUR	Point-in-time
Share capital	`IssuedCapital`	2,000.00	EUR	Point-in-time
Share capital	`IssuedCapital`	2,000.00	EUR	Point-in-time
Share premium	`SharePremium`	215.65M	EUR	Point-in-time
Share premium	`SharePremium`	213.48M	EUR	Point-in-time
Share-based payments reserve	`ReserveOfSharebasedPayments`	463,000.00	EUR	Point-in-time
Share-based payments reserve	`ReserveOfSharebasedPayments`	3.10M	EUR	Point-in-time
Retained earnings	`RetainedEarnings`	-164.43M	EUR	Point-in-time
Retained earnings	`RetainedEarnings`	-174.99M	EUR	Point-in-time
Total equity	`Equity`	43.76M	EUR	Point-in-time
Total equity	`Equity`	49.51M	EUR	Point-in-time
Total equity	`Equity`	7.36M	EUR	Point-in-time
Total equity	`Equity`	1,000.00	EUR	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenue`	-	EUR	3 Qtrs
Revenue	`Revenue`	-	EUR	3 Qtrs
Cost of sales	`CostOfSales`	-	EUR	3 Qtrs
Cost of sales	`CostOfSales`	1.17M	EUR	3 Qtrs
Gross loss	`GrossProfit`	-	EUR	3 Qtrs
Gross loss	`GrossProfit`	-1.17M	EUR	3 Qtrs
Administration expenses	`AdministrationExpenses`	4.92M	EUR	3 Qtrs
Administration expenses	`AdministrationExpenses`	11.57M	EUR	3 Qtrs
Share-based payment expense	`SharebasedPaymentExpense`	14.69M	EUR	3 Qtrs
Share-based payment expense	`SharebasedPaymentExpense`	2.63M	EUR	3 Qtrs
Onerous contract provision	`OnerousContractProvision`	709,000.00	EUR	3 Qtrs
Onerous contract provision	`OnerousContractProvision`	-	EUR	3 Qtrs
Operating loss	`ProfitLossFromOperatingActivities`	-16.09M	EUR	3 Qtrs
Operating loss	`ProfitLossFromOperatingActivities`	-19.61M	EUR	3 Qtrs
Finance income	`FinanceIncome`	600,000.00	EUR	3 Qtrs
Finance income	`FinanceIncome`	2.14M	EUR	3 Qtrs
Finance costs	`FinanceCosts`	-	EUR	3 Qtrs
Finance costs	`FinanceCosts`	51,000.00	EUR	3 Qtrs
Fair value movement on derivatives	`FairValueMovementOnDerivatives`	-15.88M	EUR	3 Qtrs
Fair value movement on derivatives	`FairValueMovementOnDerivatives`	-5.54M	EUR	3 Qtrs
Net finance income	`AdjustmentsForFinanceIncome`	6.08M	EUR	3 Qtrs
Net finance income	`AdjustmentsForFinanceIncome`	18.03M	EUR	3 Qtrs
Share of losses of equity-accounted investees	`ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod`	-	EUR	3 Qtrs
Share of losses of equity-accounted investees	`ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod`	-522,000.00	EUR	3 Qtrs
Loss before tax	`ProfitLossBeforeTax`	-1.58M	EUR	3 Qtrs
Loss before tax	`ProfitLossBeforeTax`	-10.52M	EUR	3 Qtrs
Income tax expense	`IncomeTaxExpenseContinuingOperations`	-34,000.00	EUR	3 Qtrs
Income tax expense	`IncomeTaxExpenseContinuingOperations`	-	EUR	3 Qtrs
Total comprehensive loss	`OtherComprehensiveIncome`	-1.58M	EUR	3 Qtrs
Total comprehensive loss	`OtherComprehensiveIncome`	-10.56M	EUR	3 Qtrs
Basic and diluted (loss) per share	`BasicEarningsLossPerShare`	$-0.12	USD	3 Qtrs
Basic and diluted (loss) per share	`BasicEarningsLossPerShare`	$-0.80	USD	3 Qtrs

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net profit/ (loss) for the year	`NetProfitLossForYear`	10.56M	EUR	3 Qtrs
Net profit/ (loss) for the year	`NetProfitLossForYear`	1.58M	EUR	3 Qtrs
Equity settled share-based payment transactions	`EquitySettledShareBasedPayment`	2.63M	EUR	3 Qtrs
Equity settled share-based payment transactions	`EquitySettledShareBasedPayment`	14.69M	EUR	3 Qtrs
Fair value movement in warrants	`FairValueMovementInWarrants`	-15.88M	EUR	3 Qtrs
Fair value movement in warrants	`FairValueMovementInWarrants`	-5.54M	EUR	3 Qtrs
Depreciation and amortization	`DepreciationsAndAmortization`	-221,000.00	EUR	3 Qtrs
Depreciation and amortization	`DepreciationsAndAmortization`	428,000.00	EUR	3 Qtrs
Net finance income	`OtherAdjustmentsForNoncashItems`	-2.14M	EUR	3 Qtrs
Net finance income	`OtherAdjustmentsForNoncashItems`	-578,000.00	EUR	3 Qtrs
Share of losses of equity-accounted investee	`ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod`	-	EUR	3 Qtrs
Share of losses of equity-accounted investee	`ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod`	-522,000.00	EUR	3 Qtrs
Impairment charge - inventory	`ImpairmentChargeInventory`	1.17M	EUR	3 Qtrs
Impairment charge - inventory	`ImpairmentChargeInventory`	-	EUR	3 Qtrs
Onerous contract provision	`OnerousContractProvisions`	-	EUR	3 Qtrs
Onerous contract provision	`OnerousContractProvisions`	709,000.00	EUR	3 Qtrs
Total Adjusted	`AdjustmentsForReconcileProfitLoss`	-5.14M	EUR	3 Qtrs
Total Adjusted	`AdjustmentsForReconcileProfitLoss`	-11.21M	EUR	3 Qtrs
(Increase) in receivables	`AdjustmentsForDecreaseIncreaseInTradeAccountReceivable`	-1.60M	EUR	3 Qtrs
(Increase) in receivables	`AdjustmentsForDecreaseIncreaseInTradeAccountReceivable`	-6.51M	EUR	3 Qtrs
(Increase) in inventories	`AdjustmentsForDecreaseIncreaseInInventories`	-9.54M	EUR	3 Qtrs
(Increase) in inventories	`AdjustmentsForDecreaseIncreaseInInventories`	-3.42M	EUR	3 Qtrs
Increase in payables and accruals	`AdjustmentsForIncreaseDecreaseInTradeAccountPayable`	-556,000.00	EUR	3 Qtrs
Increase in payables and accruals	`AdjustmentsForIncreaseDecreaseInTradeAccountPayable`	-995,000.00	EUR	3 Qtrs
Interest paid	`InterestPaidClassifiedAsOperatingActivities`	-	EUR	3 Qtrs
Interest paid	`InterestPaidClassifiedAsOperatingActivities`	21,000.00	EUR	3 Qtrs
Net cash used by operating activities	`CashFlowsFromUsedInOperatingActivities`	-23.36M	EUR	3 Qtrs
Net cash used by operating activities	`CashFlowsFromUsedInOperatingActivities`	-15.62M	EUR	3 Qtrs
Payment for intellectual property from 2020 business combination	`PaymentForIntellectualPropertyFrom2020BusinessCombination`	250,000.00	EUR	3 Qtrs
Payment for intellectual property from 2020 business combination	`PaymentForIntellectualPropertyFrom2020BusinessCombination`	500,000.00	EUR	3 Qtrs
Purchase of property, plant and equipment	`PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities`	8.39M	EUR	3 Qtrs
Purchase of property, plant and equipment	`PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities`	9.22M	EUR	3 Qtrs
Development expenditure	`PaymentsForDevelopmentProjectExpenditure`	1.40M	EUR	3 Qtrs
Development expenditure	`PaymentsForDevelopmentProjectExpenditure`	857,000.00	EUR	3 Qtrs
Purchase of intangible assets other	`PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities`	42,000.00	EUR	3 Qtrs
Purchase of intangible assets other	`PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities`	10,000.00	EUR	3 Qtrs
Purchase of financial assets	`PurchaseOfAvailableforsaleFinancialAssets`	44.33M	EUR	3 Qtrs
Purchase of financial assets	`PurchaseOfAvailableforsaleFinancialAssets`	-	EUR	3 Qtrs
Proceeds from realisation of financial assets	`ProceedsFromRealisationOfFinancialAssets`	-27.89M	EUR	3 Qtrs
Proceeds from realisation of financial assets	`ProceedsFromRealisationOfFinancialAssets`	-10.95M	EUR	3 Qtrs
Investment in equity-accounted investees	`InvestmentInEquityaccountedInvestees`	-	EUR	3 Qtrs
Investment in equity-accounted investees	`InvestmentInEquityaccountedInvestees`	522,000.00	EUR	3 Qtrs
Net cash from /(used) in investing activities	`CashFlowsFromUsedInInvestingActivities`	-43.97M	EUR	3 Qtrs
Net cash from /(used) in investing activities	`CashFlowsFromUsedInInvestingActivities`	17.28M	EUR	3 Qtrs
Proceeds from issuance of shares	`ProceedsFromIssuingShares`	2.17M	EUR	3 Qtrs
Proceeds from issuance of shares	`ProceedsFromIssuingShares`	-	EUR	3 Qtrs
Proceeds from warrants exercised	`ProceedsFromWarrantsExercised`	-	EUR	3 Qtrs
Proceeds from warrants exercised	`ProceedsFromWarrantsExercised`	10.05M	EUR	3 Qtrs
Payment of lease liabilities	`PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities`	228,000.00	EUR	3 Qtrs
Payment of lease liabilities	`PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities`	302,000.00	EUR	3 Qtrs
Net cash provided by financing activities	`CashFlowsFromUsedInFinancingActivities`	1.87M	EUR	3 Qtrs
Net cash provided by financing activities	`CashFlowsFromUsedInFinancingActivities`	9.82M	EUR	3 Qtrs
Net (decrease)/increase in cash and cash equivalents	`IncreaseDecreaseInCashAndCashEquivalents`	-49.77M	EUR	3 Qtrs
Net (decrease)/increase in cash and cash equivalents	`IncreaseDecreaseInCashAndCashEquivalents`	-4.21M	EUR	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalents`	7.88M	EUR	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalents`	7.68M	EUR	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalents`	58.01M	EUR	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalents`	3.61M	EUR	Point-in-time
Effects of movements in exchange rates on cash held	`EffectOfExchangeRateChangesOnCashAndCashEquivalents`	-365,000.00	EUR	3 Qtrs
Effects of movements in exchange rates on cash held	`EffectOfExchangeRateChangesOnCashAndCashEquivalents`	137,000.00	EUR	3 Qtrs
Cash and cash equivalents at end of period	`CashAndCashEquivalents`	7.88M	EUR	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalents`	7.68M	EUR	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalents`	58.01M	EUR	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalents`	3.61M	EUR	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`Equity`	43.76M	EUR	Point-in-time
Beginning balance, value	`Equity`	49.51M	EUR	Point-in-time
Beginning balance, value	`Equity`	7.36M	EUR	Point-in-time
Beginning balance, value	`Equity`	1,000.00	EUR	Point-in-time
Loss during the period	`ProfitLoss`	10.56M	EUR	3 Qtrs
Loss during the period	`ProfitLoss`	-23.56M	EUR	Annual
Loss during the period	`ProfitLoss`	183.13M	EUR	Annual
Total comprehensive income for the year	`TotalComprehensiveIncomeForYear`	23.56M	EUR	Annual
Total comprehensive income for the year	`TotalComprehensiveIncomeForYear`	-10.56M	EUR	3 Qtrs
Issuance of ordinary shares	`IssuanceOfOrdinaryShares`	2.17M	EUR	3 Qtrs
HL Acquisition Transaction	`AcquisitionTransactionValue`	135.46M	EUR	Annual
PIPE Financing	`PIPEFinancingValue`	47.00M	EUR	Annual
Exercise of warrants	`ExerciseOfWarrantsValue`	4.18M	EUR	Annual
Exercise of warrants	`ExerciseOfWarrantsValue`	10.05M	EUR	Annual
Derecognition of warrant liability on exercise	`DerecognitionOfWarrantLiabilityOnExerciseValue`	9.37M	EUR	Annual
Derecognition of warrant liability on exercise	`DerecognitionOfWarrantLiabilityOnExerciseValue`	2.42M	EUR	Annual
Equity-settled share-based compensation	`EquitysettledShareBasedCompensationValue`	2.63M	EUR	3 Qtrs
Equity-settled share-based compensation	`EquitysettledShareBasedCompensationValue`	-841,000.00	EUR	Annual
Equity-settled share-based compensation	`EquitysettledShareBasedCompensationValue`	1.44M	EUR	Annual
Vesting of shares	`VestingOfShares`	-	EUR	Annual
Ending balance, value	`Equity`	43.76M	EUR	Point-in-time
Ending balance, value	`Equity`	49.51M	EUR	Point-in-time
Ending balance, value	`Equity`	7.36M	EUR	Point-in-time
Ending balance, value	`Equity`	1,000.00	EUR	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.