NASDAQ : GFUZ
General Fusion Group Ltd. — Financial statements
Utilities · Utilities - Renewable · Canada
Last price 6.51 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 413.70M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Selling, General & Admin | 25.60M | 16.87M | 11.30M | 14.82M |
| Research & Development | 21.25M | 18.36M | 23.02M | 31.25M |
| Operating Expenses | 49.94M | 38.12M | 37.76M | 49.66M |
| Operating Income | -49.94M | -38.12M | -37.76M | -49.66M |
| Interest Expense | -252.00K | -1.13M | -883.00K | -16.00K |
| Interest & Investment Income | 1.08M | 522.00K | 599.00K | 903.00K |
| Currency Exchange Gain (Loss) | -40.00K | -321.00K | 1.31M | 541.00K |
| Other Non Operating Income (Expenses) | -95.87M | 6.82M | -21.03M | 19.61M |
| EBT Excluding Unusual Items | -145.02M | -32.23M | -57.77M | -28.61M |
| Gain (Loss) on Sale of Assets | 10.00K | 10.00K | -7.00K | -50.00K |
| Other Unusual Items | 923.00K | 923.00K | ||
| Pretax Income | -144.09M | -31.30M | -57.77M | -28.66M |
| Income Tax Expense | 74.00K | 74.00K | -5.00K | 50.00K |
| Net Income | -144.16M | -31.37M | -57.77M | -28.71M |
| Preferred Dividends & Other Adjustments | 459.00K | 2.15M | 3.38M | |
| Net Income to Common | -144.62M | -33.52M | -61.15M | -28.71M |
| Shares Outstanding (Basic) | 12.77M | 6.21M | 1.31M | 1.30M |
| Shares Outstanding (Diluted) | 12.77M | 6.21M | 1.31M | 1.30M |
| EPS (Basic) | -11.33 | -5.40 | -46.76 | -22.09 |
| EPS (Diluted) | -11.33 | -5.40 | -46.76 | -22.09 |
| Free Cash Flow | -39.28M | -24.43M | -29.77M | -39.87M |
| Free Cash Flow Per Share | -3.08 | -3.94 | -22.76 | -30.67 |
| EBITDA | -47.07M | -35.47M | -34.66M | -46.41M |
| D&A For EBITDA | 2.87M | 2.66M | 3.10M | 3.24M |
| EBIT | -49.94M | -38.12M | -37.76M | -49.66M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 31.98M | 49.12M | 6.39M | 19.58M |
| Cash & Short-Term Investments | 31.98M | 49.12M | 6.39M | 19.58M |
| Other Receivables | 277.00K | 315.00K | 198.00K | 405.00K |
| Receivables | 277.00K | 315.00K | 198.00K | 405.00K |
| Prepaid Expenses | 28.96M | 908.00K | 539.00K | 1.07M |
| Restricted Cash | 305.00K | 667.00K | 169.00K | 178.00K |
| Total Current Assets | 61.52M | 51.02M | 7.30M | 21.23M |
| Property, Plant & Equipment | 7.74M | 9.34M | 11.56M | 15.97M |
| Other Long-Term Assets | 37.00K | 37.00K | 140.00K | 17.20M |
| Total Assets | 69.30M | 60.39M | 18.99M | 54.40M |
| Accounts Payable | 1.24M | 1.56M | 2.85M | 4.07M |
| Accrued Expenses | 3.67M | 3.57M | 6.11M | 8.12M |
| Short-Term Debt | 21.41M | |||
| Current Portion of Leases | 390.00K | 454.00K | 597.00K | 246.00K |
| Current Unearned Revenue | 545.00K | |||
| Other Current Liabilities | 165.55M | 72.71M | 15.69M | 14.37M |
| Total Current Liabilities | 170.84M | 78.30M | 46.66M | 27.35M |
| Long-Term Leases | 3.88M | 4.23M | 4.41M | 5.85M |
| Other Long-Term Liabilities | 37.94M | 28.72M | 6.89M | 4.26M |
| Total Liabilities | 212.66M | 111.25M | 57.96M | 37.46M |
| Common Stock | 172.91M | 146.53M | 2.41M | 2.36M |
| Additional Paid-In Capital | 18.59M | 18.33M | 15.92M | 14.71M |
| Retained Earnings | -454.46M | -331.95M | -298.57M | -233.35M |
| Comprehensive Income & Other | -3.37M | -6.70M | -3.85M | -4.45M |
| Total Common Equity | -266.32M | -173.80M | -284.09M | -220.73M |
| Shareholders' Equity | -143.37M | -50.85M | -38.97M | 16.95M |
| Total Liabilities & Equity | 69.30M | 60.39M | 18.99M | 54.40M |
| Total Debt | 4.26M | 4.69M | 26.42M | 6.09M |
| Net Cash (Debt) | 27.71M | 44.44M | -20.03M | 13.48M |
| Net Cash Per Share | 2.17 | 7.16 | -15.31 | 10.37 |
| Filing Date Shares Outstanding | 63.55M | 16.81M | 13.28M | 1.30M |
| Total Common Shares Outstanding | 16.82M | 13.29M | 1.32M | 1.30M |
| Working Capital | -109.33M | -27.28M | -39.36M | -6.12M |
| Book Value Per Share | -15.83 | -13.08 | -215.76 | -169.80 |
| Tangible Book Value | -266.32M | -173.80M | -284.09M | -220.73M |
| Tangible Book Value Per Share | -15.83 | -13.08 | -215.76 | -169.80 |
| Machinery | 5.22M | 5.02M | 4.51M | 5.35M |
| Leasehold Improvements | 11.50M | 11.94M | 11.52M | 12.06M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | -144.16M | -31.37M | -57.77M | -28.71M |
| Depreciation & Amortization | 3.10M | 2.88M | 3.45M | 3.58M |
| Other Amortization | 16.81M | |||
| Loss (Gain) From Sale of Assets | -10.00K | -10.00K | 7.00K | 48.00K |
| Stock-Based Compensation | 16.47M | 9.63M | 4.35M | 2.19M |
| Other Operating Activities | 93.71M | -2.18M | 6.50M | -10.41M |
| Change in Accounts Receivable | -218.00K | -113.00K | 165.00K | 1.87M |
| Change in Accounts Payable | -3.17M | -2.23M | -2.35M | -3.76M |
| Change in Unearned Revenue | -545.00K | -24.00K | ||
| Change in Other Net Operating Assets | -4.31M | -595.00K | 275.00K | -1.70M |
| Operating Cash Flow | -38.60M | -23.99M | -29.11M | -36.92M |
| Capital Expenditures | -677.00K | -442.00K | -656.00K | -2.96M |
| Investing Cash Flow | -677.00K | -442.00K | -656.00K | -2.96M |
| Short-Term Debt Issued | 1.40M | 15.80M | ||
| Total Debt Issued | 1.40M | 1.40M | 15.80M | |
| Short-Term Debt Repaid | -27.00K | |||
| Total Debt Repaid | -27.00K | |||
| Net Debt Issued (Repaid) | 1.40M | 1.40M | 15.80M | -27.00K |
| Issuance of Common Stock | 354.00K | 2.00K | 4.00K | 492.00K |
| Other Financing Activities | 47.98M | 48.73M | 1.55M | 6.01M |
| Financing Cash Flow | 66.76M | 67.15M | 17.35M | 27.40M |
| Foreign Exchange Rate Adjustments | 45.00K | 510.00K | -782.00K | 134.00K |
| Net Cash Flow | 27.53M | 43.23M | -13.20M | -12.34M |
| Free Cash Flow | -39.28M | -24.43M | -29.77M | -39.87M |
| Free Cash Flow Per Share | -3.08 | -3.94 | -22.76 | -30.67 |
| Levered Free Cash Flow | 39.75M | -1.90M | ||
| Unlevered Free Cash Flow | 40.46M | -1.34M | ||
| Change in Working Capital | -7.70M | -2.94M | -2.46M | -3.61M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Market Capitalization | 381.93M | 311.27M | ||
| Last Close Price | 6.01 | 10.15 | ||
| PB Ratio | -6.12 | |||
| Debt / Equity Ratio | -0.03 | -0.09 | -0.68 | 0.36 |
| Net Debt / Equity Ratio | 0.19 | 0.87 | -0.51 | -0.80 |
| Net Debt / EBITDA Ratio | 0.59 | 1.25 | -0.58 | 0.29 |
| Net Debt / FCF Ratio | 0.71 | 1.82 | -0.67 | 0.34 |
| Quick Ratio | 0.19 | 0.63 | 0.14 | 0.73 |
| Current Ratio | 0.36 | 0.65 | 0.16 | 0.78 |
| Return on Assets (ROA) | -60.02% | -64.31% | ||
| Return on Capital Employed (ROCE) | 49.20% | 212.90% | 136.50% | -183.50% |
| Earnings Yield | -188.48% | -10.08% | ||
| FCF Yield | -10.28% | -7.85% | ||
| Buyback Yield / Dilution | -876.32% | -374.79% | -0.60% |