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GFUZ:NASDAQ
General Fusion Group Ltd
$8.98
-11.00%
(-1.11) 1D
$8.91
-0.83% (-0.075)
After hours
Closed: Aug 3, 4:00:00 PM GMT-4  ·   USD
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SymbolPriceChange% Change
Generating top insights for GFUZ...
Open
$9.93
High
$10.00
Low
$8.52
Mkt. cap
570.63M
Avg. vol.
449.89K
Volume
287.53K
52-wk high
$14.85
52-wk low
$6.08
EPS
-$13.72
Shares outstanding
52.99M
No. of employees
111
Open
$9.93
High
$10.00
Low
$8.52
Mkt. cap
570.63M
Avg. vol.
449.89K
Volume
287.53K
52-wk high
$14.85
52-wk low
$6.08
EPS
-$13.72
Shares outstanding
52.99M
No. of employees
111
News stories
From sources across the web
Profile
General Fusion Inc. is a Canadian company based in Richmond, British Columbia, which is developing a fusion power technology based on magnetized target fusion. The firm was founded in 2002 by Dr. Michel Laberge. As of 2024, it has more than 150 employees. The technology under development injects a magnetized target, a plasma mass in the form of a type of plasmoid termed a compact toroid, into a cylinder of spinning liquid metal. The target is mechanically compressed to fusion-relevant densities and pressures, by anywhere from a dozen to hundreds of steam-driven pistons. In 2018, the firm published papers on a spherical tokamak and a recent conceptual design was presented at the 30th IEEE Symposium of Fusion Engineering. In August 2023, the company announced an updated plan to build a new fusion demonstration machine – Lawson Machine 26 – at its Canadian headquarters. The company says LM26 is designed to achieve fusion conditions of over 100 million degrees Celsius by 2025 and progress towards scientific breakeven equivalent by 2026. This was an adjustment to its previously announced Fusion Demonstration Program. Wikipedia
About General Fusion Group Ltd
CEO-
Employees111
Founded2002
HeadquartersRichmond, British Columbia, Canada
Sectorcapital good
Websitegeneralfusion.com
Analyst
Recommendation
Action
Price target
Projected
Date
No analyst ratings found.
Previous reportsAll values in USD
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Income statement
Revenue
Net income
All values in USD
Dec 2024
Dec 2025
Revenue
-
-
Cost of goods sold
-
-
Cost of revenue
-
-
Research and development expenses
6.43M
7.52M
Total research and development expenses
-
-
Selling, general, and admin expenses
1.92M
13.88M
Operating expense
9.30M
22.07M
Total operating expenses
9.30M
22.07M
Operating income
-9.30M
-22.07M
Other non operating income
-21.28M
-40.11M
EBT including unusual items
-31.24M
-62.40M
EBT excluding unusual items
-31.23M
-63.33M
Income tax expense
-130.00K
49.00K
Effective tax rate
0.42%
-0.08%
Other operating expenses
-
-
Net income
-31.11M
-62.45M
Net profit margin
-
-
Earnings per share
-
-
Interest and investment income
115.00K
275.00K
Interest expense
-468.00K
-
Net interest expenses
-353.00K
275.00K
Depreciation and amortization charges
942.00K
677.00K
EBITDA
-8.71M
-21.62M
Gain or loss from assets sale
1.00K
-
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