on HYDROGEN REFUELING (EPA:ALHRS)
HRS Reports Annual Revenue and Strategic Initiatives for 2025-2026
HRS, a leading French hydrogen infrastructure designer, announced its annual revenue figures for 2025-2026, reaching €12.2 million before adjustments. The IFRS revenue stood at €10.7 million, reflecting a slight decline from the previous year's €11.3 million. This decrease is attributed to the write-off related to the Phynix client due to judicial liquidation.
HRS has signed six new maintenance contracts, increasing recurring revenue by 44%. To enhance its cash runway beyond September 2026, the company plans a €4 million bank financing and a sale-and-leaseback agreement for its Champagnier site. It is also advancing its diversification with initiatives in filling centers and Secure Power Units.
Additionally, a cooperation agreement with a global leader aims to boost hydrogen infrastructure development. HRS's strategy focuses on leveraging its expertise in hydrogen technology to enter new markets and strengthen its financial structure.
R. H.
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