FUST FUSE GROUP HOLDING INC.

Overview and Growth

FUSE GROUP HOLDING INC. generated $45.94K of revenue in fiscal 2025, with net loss of $283.70K and an operating cash outflow of $289.89K. Revenue of $45.94K sets the scale for evaluating how effectively sales translated into profit and cash during the year. The top line contracted 86.2% from $332.02K in fiscal 2024; this top-line contraction left the company with a smaller revenue base. Diluted earnings per share were -$0.02, translating the period’s attributable earnings into the amount reported for each diluted share. A diluted share base of 13.30M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. The diluted share count was 0.1% higher than fiscal 2024, when diluted shares averaged 13.28M, adding context to the EPS comparison. The company employed $34.68K of total assets, the balance-sheet base supporting its current operating and cash-flow results. Revenue equaled 1.32x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

After reported cost of revenue, the company retained $45.94K as gross profit before recognizing operating expenses and other items. Gross profit represented 100.0% of revenue, showing how much of the top line remained after direct costs. Operations produced a $277.86K operating loss before non-operating and tax effects. An operating margin of -604.8% reflected costs exceeding revenue-level gross profit by 604.8% of sales. The company ended the period with a net loss of $283.70K, extending the operating result through all remaining items. The net loss equaled 617.5% of revenue, showing the bottom-line deficit relative to the company’s sales base. The company reported a pretax loss of $281.30K, before the effect of income taxes. Pretax margin was -612.3%, reflecting a pre-tax loss equal to 612.3% of revenue. The company recognized $2.40K of income tax for the period, completing the transition from pretax income to net income. The loss-to-assets relationship was 818.1%, placing the bottom-line deficit against the company’s resource base. The bottom-line deficit increased from $40.36K in fiscal 2024 to $283.70K.

Liquidity and Capital Structure

Total assets were $34.68K, supported by $485.18K of liabilities and -$450.50K of shareholder equity. Equity was negative at -$450.50K, meaning liabilities exceeded the residual book value available to shareholders and weakening balance-sheet resilience. Current assets were $34.68K against $320.29K of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 0.11x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. Reported cash and equivalents were $21.16K, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 6.6%, excluding receivables and other current assets. Total debt was $97.45K, establishing the amount of borrowing carried within the company’s capital structure. Debt represented 281.0% of total assets, placing borrowing in the context of the company’s full resource base. Cash and equivalents equaled 61.0% of total assets, showing the liquid cash component within the company’s broader resource base. The asset base changed 59.4% from $85.37K in fiscal 2024, leaving current total assets lower year over year. Compared with $67.60K in fiscal 2024, the current cash balance moved 68.7% and finished lower.

Cash Flow and Earnings Quality

Operating activities used $289.89K of cash, resulting in an operating cash outflow for the year. The operating cash outflow widened to $289.89K from $60.01K in fiscal 2024.

Based on the annual report for the fiscal year ending Sep 30, 2025. Analysis generated Oct 21, 2026.