FUST on OTC

FUSE GROUP HOLDING INC.

FUSE GROUP HOLDING INC. is an American metal mining company, incorporated in Nevada, listed on OTC (FUST).1 It is headquartered in Arcadia, California.1

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Last updated Oct 20, 2026.

Overview

$45.9KRevenue, fiscal 20252
-$283.7KNet income, fiscal 20252

Compare with ADAMANT DRI PROCESSING & MINERALS GROUP, Minerva Gold Inc. or MAGELLAN COPPER & GOLD Corp, or pick any stock.

  • TickerFUST on OTC1
  • IndustryMetal Mining1
  • HeadquartersArcadia, California1
  • Incorporated inNV3
  • Business address805 W. Duarte Rd. #102, Arcadia, Ca 910073
  • Filer categoryNon-accelerated filer, Smaller reporting company3

State of Nevada on December 24, 2013. Fuse Group currently develops business opportunities in the mining, biotech and consulting areas.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

100.0%Gross margin2
-604.8%Operating margin2
-617.5%Net margin2
-86.2%Revenue growth, 20252

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs95¢$43.5K
  • Income tax5¢$2.4K

Out of $45.9K in revenue.2 The company lost money this year.

Financial statements

Revenue678910112$45.9K in 2025
0$500.0K$1.0M$1.5M2018: $0$020182019: $1.2M$1.2M20192020: $750.0K$750.0K2020−38%2021: $700.0K$700.0K2021−7%2022: $200.0K$200.0K2022−71%2023: $0$020232024: $332.0K$332.0K20242025: $45.9K$45.9K2025−86%
Gross profit678910112$45.9K in 2025
0$250.0K$500.0K$750.0K$1.0M2018: $0$020182019: $938.6K$938.6K20192020: $548.5K$548.5K2020−42%2021: $618.9K$618.9K2021+13%2022: $190.0K$190.0K2022−69%2023: $0$020232024: $332.0K$332.0K20242025: $45.9K$45.9K2025−86%
Operating income678910112-$277.9K in 2025−93% since 2018
-$6.0M-$4.0M-$2.0M02018: -$4.1M-$4.1M20182019: -$77.8K-$77.8K2019−98%2020: -$45.3K-$45.3K2020−42%2021: -$1.1M-$1.1M2021+2252%2022: -$433.7K-$433.7K2022−59%2023: -$455.1K-$455.1K2023+5%2024: -$33.4K-$33.4K2024−93%2025: -$277.9K-$277.9K2025+733%
Net income678910112-$283.7K in 2025−93% since 2018
-$6.0M-$4.0M-$2.0M02018: -$4.2M-$4.2M20182019: -$79.7K-$79.7K2019−98%2020: -$51.4K-$51.4K2020−35%2021: -$1.0M-$1.0M2021+1892%2022: -$444.5K-$444.5K2022−57%2023: -$474.8K-$474.8K2023+7%2024: -$40.4K-$40.4K2024−91%2025: -$283.7K-$283.7K2025+603%

Every line of the income statement as filed: the last 2 fiscal years, latest first.2

Period ending2025-09-302024-09-30
Revenue$45.9K$332.0K
Cost of revenue$0$0
Gross Profit$45.9K$332.0K
General and administrative$323.8K$345.7K
Consulting fees$0$19.7K
Total Operating Expenses$323.8K$365.4K
Loss from operations-$277.9K-$33.4K
Interest expense-$3.4K-$5.1K
Other income$0$496
Total non-operating expenses, net-$3.4K-$4.6K
Loss before income tax-$281.3K-$38.0K
Provision for income tax$2.4K$2.4K
Net loss-$283.7K-$40.4K
Basic (in Dollars per share)-$0.02$0.00
Dilutive (in Dollars per share)-$0.02$0.00
Basic (in Shares)13.3M shares13.3M shares
Dilutive (in Shares)13.3M shares13.3M shares

Compare FUSE GROUP HOLDING INC. with another company

Corporate structure

FUSE GROUP HOLDING INC. sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • FUSE GROUP HOLDING INC. Arcadia, California
    • Fuse Biotech Inc. Subsidiary · Nevada, United States
    • Fuse Processing, Inc. Subsidiary · California, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What FUSE GROUP HOLDING INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$02 Sep 30, 2025$02 Sep 30, 2024
Operating-lease assets (leased space)$02 Sep 30, 2025$4.8K2 Sep 30, 2024−100.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$21.2K2 Sep 30, 2025$67.6K2 Sep 30, 2024−68.7%

Properties, in its own words

We lease office space in Arcadia, California for monthly rent of approximately $2,200 pursuant to a lease with a term from December 31, 2018 to November 30, 2021. On February 28, 2022, the Company renewed lease for three more years, commencing on December 1, 2021. The new monthly base rent is $2,243 payable on the first day of each month, with a 6% increase each year. The lease has expired on November 30, 2024. The Company has been negotiating with the landlord for the renewal of the lease. After November 30, 2024, the Company paid lease amount $2,535 month by month.

Item 2 of the 10-K filed Dec 29, 2025.5

Leadership

Who has led FUSE GROUP HOLDING INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Umesh Patel2017
20202025
Board members and other officers (3)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Fuse Biotech Inc. Nevada, U.S.4
  • Fuse Processing, Inc. California, U.S.4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • FUSE ENTERPRISES INC.Mar 24, 2015 to May 1, 20193

Timeline

  1. Aug 20, 20268-K Executive or director change17
  2. Jan 30, 20268-K Entered a material agreement; New debt or obligation18
  3. Sep 15, 20258-K Executive or director change19
  4. Aug 27, 20258-K Change of auditor20
  5. May 2, 20258-K Entered a material agreement; New debt or obligation21
  6. Apr 10, 20258-K Entered a material agreement; New debt or obligation22
  7. Sep 23, 20248-K Bylaws or fiscal year changed23
  8. Aug 12, 20248-K Other events24
  9. May 16, 20248-K Unregistered sale of shares25
  10. Apr 29, 20248-K Other events26
  11. Dec 29, 20238-K Other events27
  12. Dec 15, 20238-K Entered a material agreement; Other events28
  13. Feb 21, 2017New chief executive Umesh Patel becomes CEO15

Filings

51 filings to the SEC since October 2021: 5 annual reports, 17 quarterly reports, 26 major events, 3 other. The latest 20:

  1. Aug 20, 20268-K EDGAR
  2. Jul 31, 202610-Q EDGAR
  3. May 13, 202610-Q EDGAR
  4. Feb 12, 202610-Q EDGAR
  5. Jan 30, 20268-K EDGAR
  6. Dec 29, 202510-K EDGAR
  7. Sep 15, 20258-K EDGAR
  8. Aug 27, 20258-K EDGAR
  9. Aug 14, 202510-Q EDGAR
  10. May 14, 202510-Q EDGAR
  11. May 2, 20258-K EDGAR
  12. Apr 10, 20258-K EDGAR
  13. Feb 14, 202510-Q EDGAR
  14. Dec 26, 202410-K EDGAR
  15. Sep 23, 20248-K EDGAR
  16. Aug 14, 202410-Q EDGAR
  17. Aug 12, 20248-K EDGAR
  18. May 16, 20248-K EDGAR
  19. May 3, 202410-Q EDGAR
  20. Apr 29, 20248-K EDGAR

The 51 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How FUSE GROUP HOLDING INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFUSE GROUP HOLDING INC.1
  • CIK0001636051
  • Employer ID (EIN)47-10174735
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
  • Incorporated inNevada5
  • Fiscal year endsSeptember 301
  • Industry code (SIC)1000 Metal Mining1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address805 W. Duarte Rd. #102, Arcadia, CA 910071
  • Phone(626) 977-00001
  • Shares outstanding17,225,716 as of Jul 27, 202614
  • Public float$1.8M as of Mar 31, 20255
  • AuditorSimon & Edward, LLP, Rowland Heights, California PCAOB ID 2485; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceMar 24, 20151
  • Filings116 in all: 8-K (43), 10-Q (32), 10-K (10), UPLOAD (9), CORRESP (5), 3 (3), 8-K/A (3), 10-Q/A (2)1
    All 15 form types

    NT 10-K (2), S-1/A (2), 10-K/A (1), D (1), EFFECT (1), S-1 (1), SC 13D (1)

  • Latest filingsAnnual report (10-K) Dec 29, 2025
    Quarterly report (10-Q) Jul 31, 2026
    Latest 8-K (8-K) Aug 20, 2026

Securities registered for trading

ClassSymbolExchange
None

From the cover page of the 10-K filed Dec 29, 2025 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks FUSE GROUP HOLDING INC. names in Item 1A of its 10-K filed Dec 29, 2025: 14 risks under these headings, as written.5

  • We are a “smaller reporting company” and we cannot be certain if the reduced reporting requirements applicable to smaller reporting companies will make our shares of common stock less attractive to investors.
  • We lack an operating history. There is no assurance our future operations will result in profitable revenues. If we cannot generate sufficient revenues to operate profitably, our business will fail.
  • Our success depends substantially on the continued retention of certain key personnel and our ability to hire and retain qualified personnel in the future to support our growth.
  • We face intense competition in our industry. If we are unable to compete successfully, our business will be seriously harmed.
  • We don’t have an audit committee. If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results. As a result, current and potential shareholders could lose confidence in our financial reporting, which would harm our business and the trading price of our stock.
  • We do not have a majority of independent directors on our Board and the Company has not voluntarily implemented various corporate governance measures, in the absence of which shareholders may have more limited protections against interested director transactions, conflicts of interest and similar matters.
  • Landbond Home Limited, our largest shareholder, will have control over key decision making as a result of its control of a substantial amount of our voting stock.
  • The Company is subject to the 15(d) reporting requirements under the Securities Exchange Act of 1934 which does not require a company to file all the same reports and information as fully reporting company.
  • An occurrence of an uncontrollable event such as the COVID-19 pandemic may negatively affect our operations and financial results.
  • If our costs and demands upon management increase disproportionately to the growth of our business and revenue as a result of complying with the laws and regulations affecting public companies, our operating results could be harmed.
  • We do not intend to pay dividends and there may be fewer ways in which you can make a gain on any investment in the Company.
  • We may engage in future acquisitions involving significant expenditures of cash, the incurrence of debt or the issuance of stock, all of which could have a materially adverse effect on our operating results.
The other 2 risks
  • There is a very limited public market for our common stock and therefore, our investors may not be able to sell their shares.
  • Cybersecurity incidents could disrupt our business operations, result in the loss of confidential information and adversely impact our reputation and results of operations.

Legal proceedings

We may from time to time be party to litigation and subject to claims incident to the ordinary course of business. As we grow and gain prominence in the marketplace we may become party to an increasing number of litigation matters and claims. The outcome of litigation and claims cannot be predicted with certainty, and the resolution of these matters could materially affect our future results of operations, cash flows or financial position. We are not currently a party to any legal proceedings.

The opening of Item 3, Legal Proceedings.5

Sources

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    SEC EDGAROther events
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