SequelSEC

ADVENT TECHNOLOGIES HOLDINGS, INC. ADNH

Miscellaneous Electrical Machinery, Equipment & Supplies · CIK 0001744494 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$3.28M
Fiscal year ended 2024-12-31
Operating income
-$18.37M
Fiscal year ended 2024-12-31
Free cash flow
Unavailable
Fiscal year ended 2024-12-31

ADVENT TECHNOLOGIES HOLDINGS, INC. (ADNH) reported revenue of $3.28M and net income of -$40.99M for the fiscal year ended 2024-12-31. This page shows 5 annual periods of income statement, balance sheet and cash flow figures normalized from ADVENT TECHNOLOGIES HOLDINGS, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Miscellaneous Electrical Machinery, Equipment & Supplies.

Income

ADVENT TECHNOLOGIES HOLDINGS, INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-31
Revenue$3.28M$1.54M$7.84M$7.07M$731.87K
Cost of revenue$1.49M$6.96M$8.58M$5.41MUnavailable
Gross profit$1.79M-$5.43M-$744.00K$1.66MUnavailable
Operating income-$18.37M-$50.71M-$85.43M-$44.11M-$3.07M
Net income-$40.99M-$71.40M-$74.34M-$20.52M-$3.12M
Research & development$3.22M$7.57M$9.80M$3.54M$102.54K
Weighted-average diluted sharesshares 2.62Mshares 1.92Mshares 1.72Mshares 45.81Mshares 20.52M
Pretax income-$30.07M-$50.98M-$76.31M-$21.45M-$3.12M
Income tax expense-$55.00K-$82.00K-$1.97M-$923.00K$0
Diluted EPS$-15.65$-37.24$-43.28$-0.45$-0.15
Selling, general & administrative$14.32M$28.82M$35.92M$41.88M$3.55M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

ADVENT TECHNOLOGIES HOLDINGS, INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-31
Cash & equivalents$381.00K$3.20M$32.87M$79.76M$515.73K
Total assets$8.01M$34.74M$89.59M$163.03M$1.89M
Current assets$2.69M$8.84M$49.50M$97.35M$1.70M
Total liabilities$29.30M$21.29M$25.44M$32.83M$3.69M
Current liabilities$28.77M$11.91M$13.67M$18.87M$3.43M
Total equity incl. NCI-$21.30M$13.45M$64.15M$130.20M-$1.79M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailable$0
Inventory$8.00K$195.00K$12.62M$6.96M$107.94K
Accounts receivable$962.00K$63.00K$979.00K$3.14M$421.06K
GoodwillUnavailableUnavailable$5.74M$30.03M$0
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$16.73M$4.00M$4.68M$4.84M$881.39K

Cash flow

ADVENT TECHNOLOGIES HOLDINGS, INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-31
Operating cash flow$1.40M-$20.98M-$32.12M-$35.84M-$1.43M
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow$1.21M-$5.31M-$14.52M-$25.56M-$122.51K
Financing cash flow$850.00K$9.06M-$40.00K$141.50M$882.33K
Net change in cash-$3.67M-$29.21M-$46.68M$80.11M-$665.25K
Stock-based compensation$3.78M$9.88M$10.41M$7.71M$869.48K
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailable$0$69.43K
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailableUnavailable

Derived

ADVENT TECHNOLOGIES HOLDINGS, INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin54.6%-353.4%-9.5%23.5%50.4%
Operating margin-560.7%-3301.6%-1090.0%-624.0%-420.0%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue115.5%643.3%132.9%109.1%118.8%
Current ratio0.09x0.74x3.62x5.16x0.49x
Revenue YoY growth113.3%-80.4%10.9%865.9%Unavailable
Net margin-1251.3%-4648.2%-948.5%-290.3%-426.4%
R&D / revenue98.4%492.6%125.0%50.1%14.0%
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ADNH in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2025-11-17View SEC filing
10-Q · Filed 2025-08-12View SEC filing
10-Q · Filed 2025-06-30View SEC filing
10-K · Filed 2025-06-06View SEC filing
10-Q · Filed 2024-12-27View SEC filing
10-Q · Filed 2024-10-15View SEC filing

Companies in the same industry

AETN AMPX ATKR AUSI BEEM BLNK BURU BYRN CETI CHPT DFLI EMAT

Reconciliation checks needing review

3 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

gross profit bridgeinconsistent2020-12-31

Withheld: cost revenue, gross profit could not be reconciled with the rest of this filer’s statement.

cash flow reconciliationreview2024-12-31

Operating, investing and financing flows differ from the reported change in cash by 7506000, beyond tolerance 1000000.

cash flow reconciliationreview2023-12-31

Operating, investing and financing flows differ from the reported change in cash by 12064000, beyond tolerance 1000000.