Ben Schwarz Fusion Fuel Green PLC (NASDAQ:HTOO) Q3 2023 Earnings Call Transcript December 4, 2023 10:00 AM ET Hello everyone and welcome to Fusion Fuel Green's Third Quarter 2023 Investor Update. My name is Ben Schwarz and I'm Head of Investor Relations at Fusion Fuel. I would first like to remind everyone that this call may contain forward-looking statements, including but not limited to, the company's expectations or predictions, the financial and business performance which are based on numerous assumptio ...

— Disclaimer ALL RIGHTS BELONG TO FUSION-FUEL The forward-looking statements and projections herein should not be regarded as a representation or prediction that the Company will achieve or is likely to achieve any particular results. Financial Update Presentation The Company's consolidated financial data is prepared in accordance with International Financial Reporting Standards as adopted by the International Accounting Standards Board ("IFRS") and is denominated in Euros ("EUR" or "€"). The numbers shown ...

Fusion Fuel Green PLC (NASDAQ:HTOO) Q2 2023 Earnings Conference Call August 30, 2023 10:00 AM ET Company Participants Benjamin Schwarz - Head of Investor Relations Gavin Jones - Chief Financial Officer Frederico Figueira de Chaves - Chief Executive Officer Benjamin Schwarz Hello, everyone, and welcome to Fusion Fuel Green's Second Quarter 2023 Investor Update. My name is Benjamin Schwarz, and I'm Head of Investor Relations at Fusion Fuel. So, we'll begin with the safe harbor statement. I'd like to remind ev ...

This presentation includes statements of future events, conditions, expectations, and projections of Fusion Fuel Green plc (the "Company"). Such statements are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. The Company's actual results may differ from its expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Word ...

Fusion Fuel Green PLC (NASDAQ:HTOO) Q1 2023 Earnings Conference Call June 5, 2023 10:00 AM ET Company Participants Ben Schwarz - Investor Relations Jeffrey Schwarz - Chairman Gavin Jones - Interim Chief Financial Officer Frederico Figueira de Chaves - Chief Executive Officer Ben Schwarz Well, thank you all for joining us today. So, I'll quickly run through our agenda for the next hour. We will begin the call with some remarks from Fusion Fuel's Chairman, Jeffrey Schwarz, followed by an overview of Fusion Fu ...

— Disclaimer The Company's consolidated financial data is prepared in accordance with International Financial Reporting Standards as adopted by the International Accounting Standards Board ("IFRS") and is denominated in Euros ("EUR" or "€"). The numbers shown in this presentation have not been audited and therefore may vary to the final financial results disclosed by the company as part of the annual report. The unaudited consolidated financial data reflects, in the opinion of management, all adjustments, c ...

Market Dynamics - The hydrogen production industry is an emerging market, and widespread market acceptance of green hydrogen production is uncertain[40]. - The company faces significant competition and has a limited operating history, which may adversely affect its financial condition and operating results[19][36]. - The company faces significant competition from larger multinational companies with greater resources, which could impact its market position[48]. - The alternative energy industry is highly competitive, and the company must keep pace with technology developments to maintain market share[129]. - The company is expanding its business in Europe, the Middle East, North Africa (MENA), and the United States[191]. Financial Risks - The company may need additional capital in the future to meet financial obligations and pursue business objectives, which may not be available on favorable terms[37]. - The company may experience substantial dilution if additional capital is raised through equity securities, which could affect existing shareholders[39]. - A small number of major customers account for the majority of Fusion Fuel's revenues, creating risks related to order fluctuations and payment delays[49]. - The company’s ability to generate revenues is substantially dependent on entering into hydrogen purchase and technology sale agreements with third parties[22]. - The company anticipates fluctuations in operating results and cash flow, which may lead to short-term liquidity issues[104]. Operational Challenges - The performance of HEVO based products may be affected by field conditions and other external factors, potentially harming business and financial results[22]. - The company may face supply chain competition, which could result in insufficient inventory and negatively affect operations[22]. - Manufacturing disruptions at the company's facilities or those of key partners could delay product production, harming reputation and revenue[66]. - The company is dependent on a limited number of suppliers for raw materials, and any disruptions could lead to increased costs and delays in product delivery[68]. - The company relies heavily on information technology networks and systems to manage various business processes, including communication and compliance with regulatory requirements[125]. Regulatory and Compliance Issues - The company is subject to extensive government regulations that can negatively impact its financial condition and operational results[133]. - The company faces risks related to compliance with complex U.S. and foreign laws, which could result in fines and penalties[134]. - Compliance with environmental laws and regulations could impose substantial costs and cause delays in delivery and installation of units[80]. - The company faces uncertainty regarding compliance with evolving environmental laws and regulations, which could materially affect its business and financial condition[81]. - The company may need to seek amendments to existing regulations or develop new regulations to operate its HEVO product in certain jurisdictions, which could expose it to litigation[84]. Growth Strategy - The company’s growth strategy includes operating in more territories, indicating an aggressive market expansion plan[23]. - The company plans to develop a $180 million, 75 MW solar-to-green hydrogen facility in Bakersfield, California, targeting commissioning in 2027[201]. - The company is focused on research and development, commercialization of new products, and expanding sales and marketing capabilities[6]. - The company has identified material weaknesses in its internal control over financial reporting, which could hinder accurate financial reporting and investor confidence[95]. - The company is in the process of establishing its own assembly lines and production plants over the next 3 to 5 years, which is critical for scaling its business[52]. Project and Technology Development - Fusion Fuel's sales cycle typically ranges from 12 to 24 months, with installation times between 3 to 9 months or more depending on project requirements[42][43]. - The HEVO-Solar system is designed to produce green hydrogen with a reduced size, allowing for thermal and electrical integration directly in the cell[190]. - The technology developed by Fusion Fuel Portugal has been validated by an independent study from Lisbon's Instituto Superior de Técnico, highlighting its compact and integrated electrolyzer system[190]. - The company provides performance warranties for its Hydrogen Generators covering efficiency and output for the first five years, with potential costs for warranty claims based on actual performance versus expected performance[61]. - The company faces risks related to construction, utility interconnection, and potential cost overruns, which could impact financial results due to the installment payment structure for unit sales[62]. Market Expansion and Funding - The Portuguese government allocated €40 million in direct grants for the POSEUR program, with Fusion Fuel approved for €4.3 million for the HEVO-Sul project[199]. - The HEVO-Industria project in Sines received a €10 million grant, marking the largest single-project grant award under the Portuguese Recovery and Resilience Plan[200]. - A joint agreement with Duferco Energia SpA aims to develop a 1.25 MW pilot project in Sicily, producing an estimated 46 tonnes of green hydrogen annually, with development planned for 2024[206]. - A technology sale agreement with KEME Energy for a 1.2 MW green hydrogen facility received €1.4 million in funding from Portugal's POSEUR programme[207]. - The company purchased a 14,000m² factory in Benavente, Portugal for €5.0 million, with renovations completed in Q1 2022[195]. Shareholder and Market Considerations - The issuance of additional Class A Ordinary Shares or other equity securities may dilute existing shareholders' ownership interests and depress market prices[165]. - If Parent is classified as a passive foreign investment company (PFIC), U.S. investors may face adverse federal income tax consequences[160]. - The market price of Class A Ordinary Shares may decline if significant resales occur, leading to increased volatility[161]. - The trading price of Class A Ordinary Shares may be volatile due to external factors such as public health emergencies and political turmoil[168]. - The rights of shareholders under Irish law may not be as clearly established as in some jurisdictions in the United States, potentially affecting shareholder actions[158].

Fusion Fuel Green PLC (NASDAQ:HTOO) Q4 2022 Earnings Conference Call February 28, 2023 10:00 AM ET Company Participants Ben Schwarz – Head-Investor Relations Frederico Chaves – Co-Head, Board and Executive Committee Member and Chief Financial Officer Zachary Steele – Co-Head, Executive Committee Member and Co-President Conference Call Participants Ben Schwarz Hello, everyone. And welcome to Fusion Fuel Green’s Fourth Quarter 2022 Investor Update. My name is Ben Schwarz and I’m Head of Investor Relations at ...

ALL RIGHTS BELONG TO FUSION-FUEL The forward-looking statements and projections herein should not be regarded as a representation or prediction that the Company will achieve or is likely to achieve any particular results. This Presentation does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any equity, debt or other financial instruments of Fusion Fuel. Use of Social Media as a Source of Material News The Company uses, and will continue to use, its Linked ...

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 2022 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 ...