Trametes cinnabarina

About

Pycnoporus sanguineus is a white rot saprobic fungus. It was discovered on Guana Island but occurs throughout the tropics and subtropics, usually growing on dead hardwoods. It grows in the form of a thin dry conk with a lateral attachment to its substrate, or sometimes a very short stipe. The cap is orange-red to orange, lightening to salmon/buff in age. It has concentric zonation, and is finely tomentose to nearly glabrous. The pores on the underside are round, measuring 5-6 per mm with tubes up to 2mm deep. It is inedible due to its tough texture.

Summary from Wikipedia