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Fuse Group Holding Inc

fuseholding.com

Fuse Group Holding Inc (OTC: FUST) is a mining consulting and investment company that provides consulting services to mine owners and pursues its own investments in mine projects. Revenue is generated on a transactional basis through consulting fees and project-level mining investments. The company operates with two full-time employees as of the FY2025 10-K filing (filed December 29, 2025), with its officers and directors handling planning, development, and operational duties. Fuse Group was incorporated in Nevada and changed its name from Fuse Enterprises Inc. in May 2019. Umesh Patel has served as CEO since February 15, 2017 and as CFO since November 28, 2022. The company has financed operations partly through convertible promissory notes, including two notes issued to Chen Fei Li totaling $70,000 at 3% per annum, dated March 2025 and May 2025. No cash dividends have been paid and none are anticipated. The company trades on OTC Markets under ticker FUST following a 1-for-5 reverse stock split effective September 19, 2024.

Products & Services

Mining consulting services to mine owners and operators; direct investment in mine projects. Geographic focus of mining activity includes Mexico and Asian countries, as noted in the FY2025 10-K.

Revenue Model

Transactional consulting fees from mine owners and project-level returns from the company's own mining investments. No subscription or recurring revenue model is disclosed in the FY2025 10-K.

Customers & Markets

Mine owners and operators seeking consulting services. End markets are mineral extraction and mining investment. No customer concentration data or named customers are disclosed in the filing excerpts.

Geographic Exposure

Operations and client visits focused on mines in Mexico and Asian countries, with the company headquartered in the United States (Nevada incorporation, California-based management), per the FY2025 10-K.

Financial Snapshot

Revenue
TTM
$7.683K
Gross Margin
TTM
100.0%
Net Income
TTM
-$193.8K
Current Assets
2026 Q2
Current Liabilities
2026 Q2
Current Ratio
2026 Q2
11.01%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
Book Value
2026 Q2
-$290.3K
Cash
2026 Q2
P/E
Last 4 Quarters
N/A
Free Cash Flow
Last 4 Quarters
N/A

Stock Price

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Market Cap: $1.7226 Million

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