Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of: December 2023

Commission File Number: 005-91913

Fusion Fuel Green PLC
(Translation of registrant’s name into English)

The Victorians

15-18 Earlsfort Terrace

Saint Kevin’s
Dublin 2, D02 YX28, Ireland
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

This Report of Foreign Private Issuer on Form 6-K (“Form 6-K”) of Fusion Fuel Green PLC (the “Company”) contains the Company’s unaudited interim condensed consolidated statements of financial position and unaudited condensed consolidated statements of profit or loss and other comprehensive income for the six months ended June 30, 2023 and 2022, which have not been reviewed by the Company’s independent accountants. The Company is providing the unaudited financial statements for the six-month periods ended June 30, 2023 and 2022 for the purpose of meeting the requirements of NASDAQ Listing Rule 5250(c)(2).

This Report on Form 6-K is hereby incorporated by reference into the Company’s registration statements on Form F-3 (File Nos. 333-251990 and 333-264714).

Six Months Ended June 30, 2023

Condensed consolidated statements of financial position (Unaudited)


	As at
	30 June 2023			31 December 2022
		€’000			€’000
Non-current assets
Property, plant and equipment		28,755			21,273
Intangible assets		5,184			5,350
Total non-current assets		33,939			26,623

Current assets
Inventory		19,292			22,336
Prepayments and other receivables		5,644			8,242
Cash and cash equivalents		3,085			8,164
Total current assets		28,021			38,742

Total assets		61,960			65,365

Non-current liabilities
Trade and other payables - Leases		9,745			7,651
Deferred income		5,642			2,925
Total non-current liabilities		15,387			10,576

Current liabilities
Trade and other payables		13,207			7,262
Provisions		8,403			8,403
Deferred income		1,375			186
Cost accruals		2,452			1,934
Derivative financial instruments – warrants		2,368			7,651
Loans and borrowings		414			-
Total current liabilities		28,219			25,436

Total liabilities		43,606			36,012

Net assets		18,354			29,353

Equity
Share capital		2			2
Share premium		219,561			217,156
Share-based payments reserve		4,139			3,972
Retained earnings		(205,348	)		(191,777	)
Total equity		18,354			29,353

Condensed consolidated statements of profit or loss and other comprehensive income (Unaudited)


	For the six months ended June 30, 2023			For the six months ended June 30, 2022
		€’000			€’000
Revenue		-			-
Cost of sales – raw materials		(7,298	)		(660	)
Gross profit		(7,298	)		(660	)

Operating expenses
Administration expenses		(10,814	)		(6,980	)
Share-based payment (expense)/credit		(1,207	)		(1,755	)
Operating loss		(19,319	)		(9,395	)

Net finance income
Finance income/(costs)		37			338
Interest receivable and similar income		29			9
Interest payable and similar expense		(277	)		(16	)
Derivative financial instruments at FVTPL		5,283			1,694
Net finance income/(costs)		5,072			2,025

Share of losses of equity-accounted investees		(205	)		(282	)

(Loss)/profit before tax		(14,452	)		(7,652	)
Income tax expense		(159	)		(34	)
Total comprehensive (loss)/income for the year		(14,611	)		(7,686	)

Basic (loss)/earnings per share		(0.57	)		(0.54	)

Diluted (loss)/earnings per share		(0.57	)		(0.53	)

The above unaudited interim statements of financial position and statements of profit or loss and other comprehensive income (the “financial information”) have been prepared in accordance with International Financial Reporting Standards and the Company’s accounting policies but do not constitute an interim financial report as defined in IAS 34 (Interim Financial Reporting).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Fusion Fuel Green PLC
	(Registrant)

Date: December 28, 2023	/s/ Frederico Figueira de Chaves
	Frederico Figueira de Chaves
	Chief Executive Officer

Cover	6 Months Ended
Cover	Jun. 30, 2023
Cover [Abstract]
Document Type	6-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2023
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	005-91913
Entity Registrant Name	Fusion Fuel Green PLC
Entity Central Index Key	0001819794
Entity Address, Address Line One	The Victorians
Entity Address, Address Line Two	15-18 Earlsfort Terrace
Entity Address, Address Line Three	Saint Kevin’s
Entity Address, City or Town	Dublin 2
Entity Address, Country	IE
Entity Address, Postal Zip Code	D02 YX28

Condensed consolidated statements of financial position (Unaudited) - EUR (€) € in Thousands	Jun. 30, 2023	Dec. 31, 2022
Non-current assets
Property, plant and equipment	€ 28,755	€ 21,273
Intangible assets	5,184	5,350
Total non-current assets	33,939	26,623
Current assets
Inventory	19,292	22,336
Prepayments and other receivables	5,644	8,242
Cash and cash equivalents	3,085	8,164
Total current assets	28,021	38,742
Total assets	61,960	65,365
Non-current liabilities
Trade and other payables - Leases	9,745	7,651
Deferred income	5,642	2,925
Total non-current liabilities	15,387	10,576
Current liabilities
Trade and other payables	13,207	7,262
Provisions	8,403	8,403
Deferred income	1,375	186
Cost accruals	2,452	1,934
Derivative financial instruments – warrants	2,368	7,651
Loans and borrowings	414
Total current liabilities	28,219	25,436
Total liabilities	43,606	36,012
Net assets	18,354	29,353
Equity
Share capital	2	2
Share premium	219,561	217,156
Share-based payments reserve	4,139	3,972
Retained earnings	(205,348)	(191,777)
Total equity	€ 18,354	€ 29,353

Condensed consolidated statements of profit or loss and other comprehensive income (Unaudited) - EUR (€) € in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Profit or loss [abstract]
Revenue
Cost of sales – raw materials	(7,298)	(660)
Gross profit	(7,298)	(660)
Operating expenses
Administration expenses	(10,814)	(6,980)
Share-based payment (expense)/credit	(1,207)	(1,755)
Operating loss	(19,319)	(9,395)
Net finance income
Finance income/(costs)	37	338
Interest receivable and similar income	29	9
Interest payable and similar expense	(277)	(16)
Derivative financial instruments at FVTPL	5,283	1,694
Net finance income/(costs)	5,072	2,025
Share of losses of equity-accounted investees	(205)	(282)
(Loss)/profit before tax	(14,452)	(7,652)
Income tax expense	(159)	(34)
Total comprehensive (loss)/income for the year	€ (14,611)	€ (7,686)
Basic (loss)/earnings per share	€ (0.57)	€ (0.54)
Diluted (loss)/earnings per share	€ (0.57)	€ (0.53)