sur HYDROGEN REFUELING (EPA:ALHRS)
HRS Announces 2025-2026 Financial Results Amid Market Challenges
Hydrogen Refueling Solutions (HRS), a leader in hydrogen infrastructure, reported a challenging fiscal year 2025-2026 with an annual revenue of €10.7 million. A significant increase of 44% was noted in maintenance revenue. The company improved its recurring EBITDA to €(1.3) million, a substantial improvement from the previous €(8.6) million loss. Despite innovations, HRS faced a net loss of €30.0 million, largely due to €23.3 million in non-recurring impairment charges.
Significant cash flow strategies were implemented, including bond financing and a capital increase. HRS maintained its strategic approach with advanced projects like Filling Centers and Secure Power Units slated for market entry by 2027. Despite market slowdowns, HRS strives to regain commercial momentum in hydrogen refueling stations.
The company installed five new stations and secured €3.4 million in international orders. A strategic cooperation agreement with Baker Hughes aims to leverage hydrogen infrastructure solutions for mobility and industrial markets.
R. E.
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