ADNWW
Advent Technologies Holdings, Inc.
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Latest Quote
$0.00
Current Price| Previous Close | $0.00 |
| Open | $0.00 |
| Day High | $0.00 |
| Day Low | $0.00 |
| Volume | 917,397 |
Stock Information
| Total Debt | $1.98M |
| Cash Equivalents | $468K |
| Revenue | $49K |
| Net Income | $784K |
| Exchange | NGM |
đ Custom Metrics & Score
Score: 10/42| Debt to Equity | -0.04 |
| Debt to Earnings | 0.47 |
| Current Ratio | 0.09 |
| Quick Ratio | 0.08 |
| Avg Revenue Growth | -13.41% |
| Profit Margin | -1251.34% |
| Return on Equity | 192.51% |
| Avg FCF Growth | -25.78% |
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $0.00 | 917,397 |
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc., an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America and Europe. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems. The company offers high temperature proton exchange membrane (HT-PEM) fuel cells; and electrodes for applications in the fuel cell and energy storage markets, as well as membrane electrode assemblies (MEA). It is also involved in the design of fuel cell stacks and complete fuel cell systems for stationary power, portable power, automotive, aviation, energy storage, and sensor markets. Advent Technologies Holdings, Inc. is headquartered in Livermore, California.
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Income Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Reconciled Cost Of Revenue | $1,488,000 | $4,639,000 | $7,088,000 | $4,847,000 |
| Cost Of Revenue | $1,488,000 | $6,964,000 | $8,581,000 | $5,406,000 |
| Total Revenue | $3,276,000 | $1,536,000 | $7,837,000 | $7,069,000 |
| Operating Revenue | $3,276,000 | $1,536,000 | $7,837,000 | $7,069,000 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Expenses | $21,790,000 | $43,029,000 | $54,342,000 | $51,180,000 |
| Other Income Expense | $-11,020,000 | $-9,595,000 | $-29,854,000 | $22,716,000 |
| Other Non Operating Income Expenses | $152,000 | $-327,000 | $-216,000 | $16,000 |
| Net Non Operating Interest Income Expense | $-535,000 | $104,000 | $52,000 | $-51,000 |
| Total Other Finance Cost | $535,000 | $-104,000 | $-52,000 | $51,000 |
| Operating Expense | $20,302,000 | $36,065,000 | $45,761,000 | $45,774,000 |
| Other Operating Expenses | $-887,000 | $-1,582,000 | $-3,830,000 | $-829,000 |
| General And Administrative Expense | - | - | - | $41,876,741 |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $-30,014,000 | $-50,902,000 | $-74,337,000 | $-20,523,000 |
| Net Interest Income | $-535,000 | $104,000 | $52,000 | $-51,000 |
| Normalized Income | $-18,862,435 | $-41,648,906 | $-45,464,157 | $-42,246,030 |
| Net Income From Continuing And Discontinued Operation | $-40,994,000 | $-71,397,000 | $-74,337,000 | $-20,523,000 |
| Total Operating Income As Reported | $-18,369,000 | $-50,713,000 | $-85,427,000 | $-44,111,000 |
| Net Income Common Stockholders | $-40,994,000 | $-71,397,000 | $-74,337,000 | $-20,523,000 |
| Net Income | $-40,994,000 | $-71,397,000 | $-74,337,000 | $-20,523,000 |
| Net Income Including Noncontrolling Interests | $-40,994,000 | $-71,397,000 | $-74,337,000 | $-20,523,000 |
| Net Income Discontinuous Operations | $-10,980,000 | $-20,495,000 | - | - |
| Net Income Continuous Operations | $-30,014,000 | $-50,902,000 | $-74,337,000 | $-20,523,000 |
| Pretax Income | $-30,069,000 | $-50,984,000 | $-76,307,000 | $-21,446,000 |
| Special Income Charges | $-10,959,000 | $-9,763,000 | $-38,922,000 | $0 |
| Operating Income | $-18,514,000 | $-41,493,000 | $-46,505,000 | $-44,111,000 |
| Depreciation Amortization Depletion Income Statement | $29,000 | $207,000 | $2,764,000 | $1,185,000 |
| Depreciation And Amortization In Income Statement | $29,000 | $207,000 | $2,764,000 | $1,185,000 |
| Amortization Of Intangibles Income Statement | $29,000 | $207,000 | $2,764,000 | $1,185,000 |
| Gross Profit | $1,788,000 | $-5,428,000 | $-744,000 | $1,663,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $-20,435 | $-14,906 | $-765,157 | $976,970 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-5,749,000 | $-29,693,000 | $-12,610,000 | $-65,067,000 |
| Total Unusual Items | $-11,172,000 | $-9,268,000 | $-29,638,000 | $22,700,000 |
| Total Unusual Items Excluding Goodwill | $-11,172,000 | $-9,268,000 | $-29,638,000 | $22,700,000 |
| Reconciled Depreciation | $1,593,000 | $2,532,000 | $4,257,000 | $1,744,000 |
| EBITDA (Bullshit earnings) | $-16,921,000 | $-38,961,000 | $-42,248,000 | $-42,367,000 |
| EBIT | $-18,514,000 | $-41,493,000 | $-46,505,000 | $-44,111,000 |
| Diluted NI Availto Com Stockholders | $-40,994,000 | $-71,397,000 | $-74,337,000 | $-20,523,000 |
| Tax Provision | $-55,000 | $-82,000 | $-1,970,000 | $-923,000 |
| Gain On Sale Of Ppe | $-6,235,000 | $0 | - | - |
| Other Special Charges | $4,724,000 | - | - | - |
| Impairment Of Capital Assets | $0 | $9,763,000 | $38,922,000 | $0 |
| Gain On Sale Of Security | $-213,000 | $495,000 | $9,284,000 | $22,700,000 |
| Provision For Doubtful Accounts | $3,617,000 | $1,048,000 | $1,116,000 | $0 |
| Amortization | $29,000 | $207,000 | $2,764,000 | $1,185,000 |
| Research And Development | $3,225,000 | $7,567,000 | $9,796,000 | $3,541,000 |
| Selling General And Administration | $14,318,000 | $28,825,000 | $35,915,000 | $41,877,000 |
| Other Gand A | - | - | - | $41,876,741 |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $-21,380,000 | $13,369,000 | $52,344,000 | $76,827,000 |
| Total Assets | $8,007,000 | $34,737,000 | $89,588,000 | $163,031,000 |
| Total Non Current Assets | $5,314,000 | $25,902,000 | $40,088,000 | $65,680,000 |
| Other Non Current Assets | $17,000 | $1,633,000 | $5,971,000 | $2,475,000 |
| Non Current Prepaid Assets | $200,000 | $200,000 | - | - |
| Investmentin Financial Assets | $0 | $0 | $320,000 | $0 |
| Goodwill And Other Intangible Assets | $85,000 | $79,000 | $11,804,000 | $53,374,000 |
| Other Intangible Assets | $85,000 | $79,000 | $6,062,000 | $23,344,000 |
| Current Assets | $2,693,000 | $8,835,000 | $49,500,000 | $97,351,000 |
| Assets Held For Sale Current | $0 | $4,430,000 | - | - |
| Restricted Cash | $0 | $100,000 | $0 | - |
| Prepaid Assets | $397,000 | $218,000 | $688,000 | $1,140,000 |
| Inventory | $8,000 | $195,000 | $12,620,000 | $6,958,000 |
| Receivables | $1,907,000 | $691,000 | $3,202,000 | $9,191,000 |
| Other Receivables | $273,000 | $272,000 | $789,000 | $3,346,000 |
| Taxes Receivable | $49,000 | $267,000 | $1,369,000 | $1,089,000 |
| Accounts Receivable | $962,000 | $63,000 | $979,000 | $3,139,000 |
| Allowance For Doubtful Accounts Receivable | $-1,837,000 | $-285,000 | $-316,000 | $-411,000 |
| Gross Accounts Receivable | $2,799,000 | $348,000 | $1,295,000 | $3,550,000 |
| Cash Cash Equivalents And Short Term Investments | $381,000 | $3,200,000 | $32,869,000 | $79,764,000 |
| Cash And Cash Equivalents | $381,000 | $3,200,000 | $32,869,000 | $79,764,000 |
| Other Current Assets | - | $1,000 | $121,000 | $298,000 |
| Accrued Interest Receivable | - | $0 | $13,000 | $0 |
| Non Current Deferred Assets | - | - | $0 | $1,246,000 |
| Non Current Deferred Taxes Assets | - | - | $0 | $1,246,000 |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Debt | $178,000 | - | - | - |
| Total Debt | $832,000 | $10,356,000 | $12,082,000 | $0 |
| Long Term Debt And Capital Lease Obligation | $184,000 | $8,218,000 | $9,802,000 | $137,805 |
| Current Debt And Capital Lease Obligation | $648,000 | $2,138,000 | $2,280,000 | - |
| Current Debt | $559,000 | - | - | - |
| Long Term Debt | - | - | - | $137,805 |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $29,302,000 | $21,289,000 | $25,440,000 | $32,830,000 |
| Total Non Current Liabilities Net Minority Interest | $530,000 | $9,376,000 | $11,774,000 | $13,959,000 |
| Other Non Current Liabilities | $1,000 | $1,000 | $852,000 | $996,000 |
| Liabilities Heldfor Sale Non Current | $0 | $695,000 | - | - |
| Derivative Product Liabilities | $0 | $59,000 | $998,000 | $10,373,000 |
| Non Current Deferred Liabilities | $248,000 | $320,000 | $50,000 | $2,500,000 |
| Current Liabilities | $28,772,000 | $11,913,000 | $13,666,000 | $18,871,000 |
| Other Current Liabilities | $5,126,000 | $3,628,000 | $88,000 | $84,000 |
| Current Deferred Liabilities | $3,583,000 | $937,000 | $1,820,000 | $1,323,000 |
| Payables And Accrued Expenses | $19,226,000 | $5,127,000 | $8,930,000 | $16,762,000 |
| Payables | $18,838,000 | $4,474,000 | $7,408,000 | $10,859,000 |
| Other Payable | $1,303,000 | $44,000 | $2,260,000 | $4,590,000 |
| Total Tax Payable | $500,000 | $434,000 | $468,000 | $1,432,000 |
| Income Tax Payable | $170,000 | $179,000 | $183,000 | $196,000 |
| Accounts Payable | $16,730,000 | $3,996,000 | $4,680,000 | $4,837,000 |
| Non Current Deferred Taxes Liabilities | - | - | $0 | $2,500,000 |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $-21,295,000 | $13,448,000 | $64,148,000 | $130,201,000 |
| Total Equity Gross Minority Interest | $-21,295,000 | $13,448,000 | $64,148,000 | $130,201,000 |
| Stockholders Equity | $-21,295,000 | $13,448,000 | $64,148,000 | $130,201,000 |
| Gains Losses Not Affecting Retained Earnings | $-157,000 | $-2,334,000 | $-2,604,000 | $-1,273,000 |
| Other Equity Adjustments | $-157,000 | $-2,334,000 | $-2,604,000 | $-1,273,000 |
| Retained Earnings | $-220,153,000 | $-179,159,000 | $-107,762,000 | $-33,425,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Ordinary Shares Number | $2,636,508 | $2,580,158 | $1,723,923 | $1,708,453 |
| Share Issued | $2,636,508 | $2,580,158 | $1,723,923 | $1,708,453 |
| Tangible Book Value | $-21,380,000 | $13,369,000 | $52,344,000 | $76,827,000 |
| Invested Capital | $-20,736,000 | $13,448,000 | $64,148,000 | $130,201,000 |
| Working Capital | $-26,079,000 | $-3,078,000 | $35,834,000 | $78,480,000 |
| Capital Lease Obligations | $273,000 | $10,356,000 | $12,082,000 | $0 |
| Total Capitalization | $-21,295,000 | $13,448,000 | $64,148,000 | $130,201,000 |
| Additional Paid In Capital | $199,015,000 | $194,933,000 | $174,509,000 | $164,894,000 |
| Capital Stock | $0 | $8,000 | $5,000 | $5,000 |
| Common Stock | $0 | $8,000 | $5,000 | $5,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Employee Benefits | $97,000 | $83,000 | $72,000 | $90,000 |
| Non Current Pension And Other Postretirement Benefit Plans | $97,000 | $83,000 | $72,000 | $90,000 |
| Non Current Deferred Revenue | $248,000 | $320,000 | $50,000 | $0 |
| Long Term Capital Lease Obligation | $184,000 | $8,218,000 | $9,802,000 | $0 |
| Current Deferred Revenue | $3,583,000 | $937,000 | $1,820,000 | $1,323,000 |
| Current Capital Lease Obligation | $89,000 | $2,138,000 | $2,280,000 | $0 |
| Line Of Credit | $559,000 | $0 | - | - |
| Pensionand Other Post Retirement Benefit Plans Current | $189,000 | $83,000 | $423,000 | $578,000 |
| Current Accrued Expenses | $388,000 | $653,000 | $1,522,000 | $5,903,000 |
| Dueto Related Parties Current | $305,000 | $0 | - | $0 |
| Investments And Advances | $0 | $0 | $320,000 | $0 |
| Net PPE | $5,012,000 | $23,990,000 | $21,993,000 | $8,585,000 |
| Accumulated Depreciation | $-2,486,000 | $-6,057,000 | $-7,317,000 | $-6,581,000 |
| Gross PPE | $7,498,000 | $30,047,000 | $29,310,000 | $15,166,000 |
| Construction In Progress | $100,000 | $0 | $10,436,000 | $431,000 |
| Other Properties | $7,398,000 | $30,047,000 | $18,874,000 | $14,735,000 |
| Inventories Adjustments Allowances | $-4,761,000 | $-5,018,000 | $-232,000 | $-48,000 |
| Other Inventories | $229,000 | $349,000 | $5,334,000 | $1,645,000 |
| Treasury Shares Number | - | $0 | - | - |
| Current Provisions | - | $228,000 | $213,000 | $208,000 |
| Goodwill | - | $0 | $5,742,000 | $30,030,000 |
| Available For Sale Securities | - | - | $320,000 | - |
| Non Current Accrued Expenses | - | - | - | $840,024 |
| Long Term Provisions | - | - | - | $17,805 |
| Duefrom Related Parties Current | - | - | - | $0 |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $1,315,000 | $-24,674,000 | $-46,326,000 | $-41,975,000 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $1,398,000 | $-20,976,000 | $-32,125,000 | $-35,837,000 |
| Cash Flow From Continuing Operating Activities | $1,398,000 | $-20,976,000 | $-32,125,000 | $-35,837,000 |
| Operating Gains Losses | $6,182,000 | $-366,000 | $-9,116,000 | $-22,729,000 |
Investing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Capital Expenditure | $-83,000 | $-3,698,000 | $-14,201,000 | $-6,138,000 |
| Investing Cash Flow | $1,211,000 | $-5,309,000 | $-14,517,000 | $-25,556,000 |
| Cash Flow From Continuing Investing Activities | $1,211,000 | $-5,309,000 | $-14,517,000 | $-25,556,000 |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Issuance Of Capital Stock | $291,000 | $9,059,000 | $0 | $262,000 |
| Financing Cash Flow | $850,000 | $9,059,000 | $-40,000 | $141,501,000 |
| Cash Flow From Continuing Financing Activities | $850,000 | $9,059,000 | $-40,000 | $141,501,000 |
| Net Common Stock Issuance | $291,000 | $9,059,000 | $0 | $262,000 |
| Common Stock Issuance | $291,000 | $9,059,000 | $0 | $262,000 |
| Repurchase Of Capital Stock | - | - | - | $0 |
| Net Other Financing Charges | - | - | - | $141,121,000 |
| Net Preferred Stock Issuance | - | - | - | $0 |
| Preferred Stock Issuance | - | - | - | $0 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repayment Of Debt | $-101,000 | $0 | $-40,000 | $0 |
| Issuance Of Debt | $660,000 | $0 | $0 | $118,000 |
| Interest Paid Supplemental Data | $115,000 | $41,000 | $15,000 | $12,000 |
| End Cash Position | $381,000 | $4,412,000 | $33,619,000 | $79,764,000 |
| Beginning Cash Position | $4,050,000 | $33,619,000 | $79,764,000 | $516,000 |
| Effect Of Exchange Rate Changes | $378,000 | $83,000 | $537,000 | $-860,000 |
| Changes In Cash | $-4,047,000 | $-29,290,000 | $-46,682,000 | $80,108,000 |
| Cash Flow From Discontinued Operation | $-7,506,000 | $-12,064,000 | - | - |
| Net Issuance Payments Of Debt | $559,000 | $0 | $-40,000 | $118,000 |
| Net Long Term Debt Issuance | $559,000 | $0 | $-40,000 | $118,000 |
| Long Term Debt Payments | $-101,000 | $0 | $-40,000 | $0 |
| Long Term Debt Issuance | $660,000 | $0 | $0 | $118,000 |
| Net Business Purchase And Sale | $0 | $-1,864,000 | $0 | $-19,425,000 |
| Purchase Of Business | $0 | $-1,864,000 | $0 | $-19,425,000 |
| Net Intangibles Purchase And Sale | $-47,000 | $0 | $-117,000 | $-18,000 |
| Purchase Of Intangibles | $-47,000 | $0 | $-117,000 | $-18,000 |
| Net PPE Purchase And Sale | $1,258,000 | $-3,445,000 | $-14,084,000 | $-6,113,000 |
| Sale Of PPE | $1,294,000 | $253,000 | $0 | $7,000 |
| Purchase Of PPE | $-36,000 | $-3,698,000 | $-14,084,000 | $-6,120,000 |
| Change In Working Capital | $11,198,000 | $1,222,000 | $-6,999,000 | $-1,128,000 |
| Change In Other Working Capital | $2,175,000 | $-592,000 | $480,000 | $-526,000 |
| Change In Other Current Liabilities | $1,236,000 | $-740,000 | $-5,707,000 | $4,603,000 |
| Change In Other Current Assets | $-2,479,000 | $5,676,000 | $-194,000 | $-198,000 |
| Change In Payables And Accrued Expense | $9,833,000 | $-5,531,000 | $-59,000 | $1,854,000 |
| Change In Payable | $9,833,000 | $-5,531,000 | $-59,000 | $1,854,000 |
| Change In Account Payable | $9,528,000 | $-5,522,000 | $-46,000 | $2,959,000 |
| Change In Tax Payable | $0 | $-9,000 | $-13,000 | $10,000 |
| Change In Income Tax Payable | $0 | $-9,000 | $-13,000 | $10,000 |
| Change In Prepaid Assets | $150,000 | $994,000 | $1,963,000 | $-4,961,000 |
| Change In Inventory | $217,000 | $838,000 | $-5,932,000 | $-1,595,000 |
| Change In Receivables | $66,000 | $577,000 | $2,450,000 | $-305,000 |
| Changes In Account Receivables | $679,000 | $576,000 | $1,830,000 | $940,000 |
| Other Non Cash Items | $5,126,000 | $966,000 | $5,588,000 | - |
| Stock Based Compensation | $3,783,000 | $9,881,000 | $10,414,000 | $7,709,000 |
| Provisionand Write Offof Assets | $3,585,000 | $6,010,000 | $1,116,000 | $13,000 |
| Asset Impairment Charge | $0 | $9,763,000 | $38,922,000 | $0 |
| Deferred Tax | $-55,000 | $-82,000 | $-1,970,000 | $-923,000 |
| Deferred Income Tax | $-55,000 | $-82,000 | $-1,970,000 | $-923,000 |
| Depreciation Amortization Depletion | $1,593,000 | $2,532,000 | $4,257,000 | $1,744,000 |
| Depreciation And Amortization | $1,593,000 | $2,532,000 | $4,257,000 | $1,744,000 |
| Amortization Cash Flow | $29,000 | $207,000 | $2,764,000 | $1,185,000 |
| Amortization Of Intangibles | $29,000 | $207,000 | $2,764,000 | $1,185,000 |
| Depreciation | $1,564,000 | $2,325,000 | $1,493,000 | $559,000 |
| Pension And Employee Benefit Expense | $6,000 | $23,000 | $27,000 | $5,000 |
| Gain Loss On Investment Securities | $-59,000 | $-394,000 | $-9,375,000 | $-22,743,000 |
| Gain Loss On Sale Of PPE | $6,235,000 | $5,000 | $232,000 | $9,000 |
| Net Income From Continuing Operations | $-30,014,000 | $-50,902,000 | $-74,337,000 | $-20,523,000 |
| Net Investment Purchase And Sale | - | $0 | $-316,000 | $0 |
| Purchase Of Investment | - | $0 | $-316,000 | $0 |
| Income Tax Paid Supplemental Data | - | - | $13,000 | $958,000 |
| Proceeds From Stock Option Exercised | - | - | - | $0 |
| Common Stock Payments | - | - | - | $0 |