Newest figures come from the 10-Q for Q3 FY2026, filed Jul 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FUST SEC filings page.
FUSE GROUP HOLDING INC (FUST) reported $46K in revenue for fiscal year 2025, down 86.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Reported operating scale has collapsed while liabilities remain high, leaving a very small asset base supporting a much larger obligation load.
The latest balance sheet shows worsening financial pressure: assets fell from$85K in FY2024 to$35K in FY2025 while liabilities rose from$252K to$485K , and the current ratio declined from 0.6x to 0.1x. That combination means the strain is not limited to weak earnings; short-term obligations now greatly exceed reported current assets.
In FY2022, a net loss of
The reported gross margin was
Financial Health Signals
FUSE GROUP HOLDING INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
FUSE GROUP HOLDING INC passes 1 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
Key Financial Metrics
Earnings & Revenue
FUSE GROUP HOLDING INC generated $0 in revenue in Q3 2026. This represents a decrease of 100.0% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
FUSE GROUP HOLDING INC's EBITDA was -$23K in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
FUSE GROUP HOLDING INC reported a net loss of $24K in Q3 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
FUSE GROUP HOLDING INC earned $0.00 per diluted share (EPS) in Q3 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
FUSE GROUP HOLDING INC held $18K in cash against $0 in long-term debt as of Q3 2026, with $326K of liabilities due within a year.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
None of these metrics is reported for Q3 2026.
Capital Allocation
None of these metrics is reported for Q3 2026.
FUST Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0-100.0% | $0n/m | $8K-61.5% | N/A | $26K-68.4% | $0-100.0% | $20K-0.3% | $130K |
| Cost of Revenue | $0n/m | $0n/m | $0n/m | N/A | $0n/m | $0n/m | $0n/m | $0 |
| Gross Profit | $0-100.0% | $0n/m | $8K-61.5% | N/A | $26K-68.4% | $0-100.0% | $20K-0.3% | $130K |
| SG&A Expenses | $23K-76.0% | $53K-35.1% | $39K-41.9% | N/A | $98K+51.8% | $81K-26.6% | $67K+4.5% | $107K |
| Operating Income | -$23Kn/m | -$53Kn/m | -$31Kn/m | N/A | -$72K-500.5% | -$81Kn/m | -$47Kn/m | $23K |
| EBITDA | -$23Kn/m | -$53Kn/m | -$31Kn/m | N/A | -$72K-500.5% | -$81Kn/m | -$47Kn/m | $23K |
| Interest Expense | $523-62.1% | $3Kn/m | $1K+42.2% | N/A | $1K+20.5% | $0-100.0% | $947-29.8% | $952 |
| Income Tax | $0n/m | $2Kn/m | $0-100.0% | N/A | $0n/m | $0n/m | $2K0.0% | $0 |
| Net Income | -$24Kn/m | -$58Kn/m | -$32Kn/m | N/A | -$73K-523.5% | -$81Kn/m | -$50Kn/m | $22K |
| EPS (Basic) | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | -$0.01n/m | -$0.01 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00n/m | $0.00n/m | $0.00n/m | $0.00 | -$0.01 | -$0.01 | $0.00 | N/A |
| Diluted Shares (Avg) | 17M+29.5% | 14M+3.9% | 13M0.0% | N/A | 13M | 13M | 13M | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
FUST Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $36K+38.6% | $17K-62.8% | $30K+6.6% | $35K-59.4% | $26K-63.6% | $47K-25.0% | $28K-69.1% | $85K+18.2% |
| Current Assets | $36K+38.6% | $17K-62.8% | $30K+6.6% | $35K-59.4% | $26K-56.3% | $47K+7.6% | $28K-56.9% | $85K+117.5% |
| Cash & Equivalents | $18K+112.9% | $12K-71.3% | $20K+8.8% | $21K-68.7% | $8K-80.2% | $41K+8.1% | $19K-66.6% | $68K+154.3% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Accounts Receivable | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $326K-17.9% | $284K-17.7% | $513K+109.3% | $485K+92.4% | $397K+52.7% | $345K+7.8% | $245K-26.1% | $252K+0.9% |
| Current Liabilities | $326K+40.6% | $254K+20.4% | $350K+139.3% | $320K+109.6% | $232K+44.8% | $211K+24.6% | $146K-19.0% | $153K+64.0% |
| Non-Current Liabilities | $0-100.0% | $30K-77.6% | $163K+64.8% | $165K+65.9% | $165K+65.4% | $134K-11.0% | $99K-34.7% | $99K-36.6% |
| Long-Term Debt | $0-100.0% | $30K-69.6% | $95K-5.3% | $97K-3.7% | $98K-3.7% | $99K-3.6% | $101K-2.5% | $101K-2.4% |
| Total Equity | -$290Kn/m | -$266Kn/m | -$483Kn/m | -$451Kn/m | -$371Kn/m | -$298Kn/m | -$217Kn/m | -$167Kn/m |
| Retained Earnings | -$8.3Mn/m | -$8.3Mn/m | -$8.3Mn/m | -$8.2Mn/m | -$8.2Mn/m | -$8.1Mn/m | -$8.0Mn/m | -$7.9Mn/m |
Not reported in any period shown, so not listed: Inventory, Goodwill.
FUST Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$36Kn/m | -$56Kn/m | -$24Kn/m | -$84K-426.0% | -$82K-1750.9% | -$76Kn/m | -$48Kn/m | $26Kn/m |
| Depreciation & Amortization | $0n/m | $0n/m | $0n/m | N/A | $0n/m | $0n/m | $0-100.0% | $0-100.0% |
| Investing Cash Flow | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 | $0 | N/A |
| Financing Cash Flow | $42K-14.9% | $48K-51.3% | $23Kn/m | $97Kn/m | $49Kn/m | $98Kn/m | -$598-100.6% | -$593-100.7% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
FUST Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | 100.0%0.0pp | N/A | 100.0%0.0pp | N/A | 100.0%0.0pp | 100.0% |
| Operating Margin | N/A | N/A | -405.4% | N/A | -276.2% | N/A | -235.0% | 17.8% |
| Net Margin | N/A | N/A | -422.9% | N/A | -281.5% | N/A | -251.8% | 17.1% |
| Return on Assets | -66.7%+215.9pp | -336.6%-161.9pp | -108.4%+70.1pp | N/A | -282.7%-307.0pp | -174.6%-147.7pp | -178.4%-109.1pp | 26.0% |
| Current Ratio | 0.110.0x | 0.07-0.2x | 0.09-0.1x | 0.11-0.5x | 0.11-0.3x | 0.220.0x | 0.19-0.2x | 0.56+0.1x |
| Asset Turnover | 0.00-1.0x | 0.000.0x | 0.26-0.5x | N/A | 1.00-0.2x | 0.00-1.6x | 0.71+0.5x | 1.52 |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity, Liabilities-to-Equity, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: Shareholder equity is negative (-$451K), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.11), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where FUSE GROUP HOLDING INC Ranks
Frequently Asked Questions
What is FUSE GROUP HOLDING INC's annual revenue?
FUSE GROUP HOLDING INC (FUST) reported $46K in total revenue for fiscal year 2025. This represents a -86.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is FUSE GROUP HOLDING INC's revenue growing?
FUSE GROUP HOLDING INC (FUST) revenue declined by 86.2% year-over-year, from $332K to $46K in fiscal year 2025.
How much debt does FUSE GROUP HOLDING INC have?
As of fiscal year 2025, FUSE GROUP HOLDING INC (FUST) had $21K in cash and equivalents against $97K in long-term debt.
What is FUSE GROUP HOLDING INC's gross margin?
FUSE GROUP HOLDING INC (FUST) had a gross margin of 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What are FUSE GROUP HOLDING INC's total assets?
FUSE GROUP HOLDING INC (FUST) had $35K in total assets as of fiscal year 2025, including both current and long-term assets.
What is FUSE GROUP HOLDING INC's current ratio?
FUSE GROUP HOLDING INC (FUST) had a current ratio of 0.11 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
Why is FUSE GROUP HOLDING INC's debt-to-equity ratio negative or not reported?
FUSE GROUP HOLDING INC (FUST) has negative shareholder equity of -$451K as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is FUSE GROUP HOLDING INC's Piotroski F-Score?
FUSE GROUP HOLDING INC (FUST) has a Piotroski F-Score of 1 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.