Advent Technologies Holdings, Inc. financials
Source: EDGAR filings · Built 2026-06-19T01:54:48Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| EBITDA | -16.78M | -48.18M | -81.17M | -42.37M | -3.05M | — |
| Working Capital | -26.08M | -3.08M | 35.83M | 78.48M | -1.73M | -706.67K |
| Net Debt | 451.00K | 7.22M | -30.59M | — | 1.85M | -520.42K |
| Gross Margin | 54.58% | -353.39% | -9.49% | 23.53% | 41.79% | — |
| Operating Margin | -560.71% | -3301.63% | -1090.05% | -624.01% | -348.24% | — |
| Net Margin | -1251.34% | -4648.24% | -948.54% | -290.32% | -353.60% | — |
| Return on Equity (ROE) | 192.51% | -530.91% | -115.88% | -15.76% | 173.97% | -2580.01% |
| Return on Assets (ROA) | -511.98% | -205.54% | -82.98% | -12.59% | -164.78% | 9.52% |
| Current Ratio | 0.09× | 0.74× | 3.62× | 5.16× | 0.49× | 0.45× |
| Debt-to-Equity | -0.04× | 0.77× | 0.04× | — | -1.32× | 0.00× |
| Effective Tax Rate | 0.18% | 0.16% | 2.58% | 4.30% | 0.00% | 4.73% |
| Cash Conversion Ratio | -0.03× | 0.29× | 0.43× | 1.75× | 0.46× | -0.03× |
| Accruals Ratio | -5.29× | -1.45× | -0.47× | 0.09× | -0.90× | 0.10× |
| SBC % of Revenue | 115.48% | 643.29% | 132.88% | 109.05% | 98.51% | — |
Income Statement
| Concept | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 3.28M | 1.54M | 7.84M | 7.07M | 882.65K | — |
| Revenues | 3.28M | 1.54M | 7.84M | 7.07M | 731.87K | — |
| Cost of Goods and Services Sold | 1.49M | 6.96M | 8.58M | 5.41M | 513.82K | — |
| Gross Profit | 1.79M | -5.43M | -744.00K | 1.66M | 368.83K | — |
| Research and Development Expense | 3.23M | 7.57M | 9.80M | 3.54M | 102.54K | — |
| Selling, General and Administrative Expense | 14.32M | 28.82M | 35.91M | 41.88M | 3.55M | — |
| Operating Income (Loss) | -18.37M | -50.71M | -85.43M | -44.11M | -3.07M | -696.56K |
| Income Tax Expense (Benefit) | -55.00K | -82.00K | -1.97M | -923.00K | 0 | 1.07M |
| Net Income (Loss) Attributable to Parent | -40.99M | -71.40M | -74.34M | -20.52M | -3.12M | 21.51M |
| Earnings Per Share, Basic | $-15.65 | $-37.24 | $-43.28 | $-0.45 | $-0.15 | — |
| Weighted Average Number of Shares Outstanding, Basic | 2.62M | 1.92M | 1.72M | 45.81M | 20.52M | — |
| Earnings Per Share, Diluted | $-15.65 | $-37.24 | $-43.28 | $-0.45 | $-0.15 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 2.62M | 1.92M | 1.72M | 45.81M | 20.52M | — |
Balance Sheet
| Concept | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 381.00K | 3.20M | 32.87M | 79.76M | 515.73K | — |
| Assets, Current | 2.69M | 8.84M | 49.50M | 97.35M | 1.70M | 577.53K |
| Assets | 8.01M | 34.74M | 89.59M | 163.03M | 1.89M | 226.01M |
| Liabilities, Current | 28.77M | 11.91M | 13.67M | 18.87M | 3.43M | 1.28M |
| Liabilities | 29.30M | 21.29M | 25.44M | 32.83M | 3.69M | 19.25M |
| Stockholders' Equity Attributable to Parent | -21.30M | 13.45M | 64.15M | 130.20M | -1.79M | -833.80K |
| Common Stock, Shares, Outstanding | 2.64M | 2.58M | 1.72M | 51.25M | 25.03M | — |
Cash Flow Statement
| Concept | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.40M | -20.98M | -32.13M | -35.84M | -1.43M | -630.91K |
| Net Cash Provided by (Used in) Investing Activities | 1.21M | -5.31M | -14.52M | -25.56M | -122.51K | 265.06K |
| Payments for Repurchase of Common Stock | — | — | — | 0 | 69.43K | 0 |
| Net Cash Provided by (Used in) Financing Activities | 850.00K | 9.06M | -40.00K | 141.50M | 882.33K | 0 |
Derived Metrics
| Concept | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| EBITDA | — | — | -2.74M | -8.16M | — | — |
| Working Capital | -16.02M | -27.85M | -29.10M | -26.08M | -23.72M | -8.86M |
| Net Debt | 2.26M | 2.34M | -86.00K | 451.00K | 78.00K | 400.00K |
| Gross Margin | -604.84% | -295.96% | -136.36% | 342.62% | -162.50% | 87.31% |
| Operating Margin | -3829.03% | -2954.55% | -2225.76% | 3586.07% | -6192.97% | 408.72% |
| Net Margin | 13911.29% | -3835.35% | -2480.30% | 755.33% | -14470.31% | -1723.70% |
| Return on Equity (ROE) | -48.50% | 12.91% | 13.26% | 8.65% | 102.48% | 391.56% |
| Return on Assets (ROA) | 129.19% | -56.76% | -45.64% | -23.02% | -252.72% | -78.45% |
| Current Ratio | 0.10× | 0.05× | 0.06× | 0.09× | 0.06× | 0.44× |
| Debt-to-Equity | -0.15× | -0.08× | -0.01× | -0.04× | -0.01× | -0.38× |
| Effective Tax Rate | 0.00% | 0.00% | -0.03% | 0.00% | 0.00% | 0.00% |
| Cash Conversion Ratio | -0.10× | 0.31× | -0.09× | 0.92× | -0.17× | 0.35× |
| Accruals Ratio | 1.43× | -0.39× | -0.50× | -0.02× | -2.95× | -0.51× |
| SBC % of Revenue | 1091.94% | 555.56% | 297.73% | 903.69% | 4678.13% | 618.04% |
Income Statement
| Concept | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 62.00K | 99.00K | 132.00K | -244.00K | 128.00K | 654.00K |
| Revenues | 62.00K | 99.00K | 132.00K | -244.00K | 128.00K | 654.00K |
| Cost of Goods and Services Sold | 437.00K | 392.00K | 312.00K | 592.00K | 336.00K | 83.00K |
| Gross Profit | -375.00K | -293.00K | -180.00K | -836.00K | -208.00K | 571.00K |
| Research and Development Expense | 229.00K | 342.00K | 356.00K | 704.00K | 411.00K | 695.00K |
| Selling, General and Administrative Expense | — | — | 2.25M | 7.36M | 3.13M | 6.37M |
| Operating Income (Loss) | -2.37M | -2.92M | -2.94M | -8.75M | -7.93M | 2.67M |
| Income Tax Expense (Benefit) | 0 | 0 | 1.00K | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | 8.63M | -3.80M | -3.27M | -1.84M | -18.52M | -11.27M |
| Earnings Per Share, Basic | $3.06 | $-1.42 | $-1.24 | $-0.70 | $-7.03 | $-4.28 |
| Weighted Average Number of Shares Outstanding, Basic | 2.82M | 2.67M | 2.64M | 2.62M | 2.64M | 2.63M |
| Earnings Per Share, Diluted | $2.92 | $-1.42 | $-1.24 | $-0.70 | $-7.03 | $-4.28 |
| Weighted Average Number of Shares Outstanding, Diluted | 2.96M | 2.67M | 2.64M | 2.62M | 2.64M | 2.63M |
Balance Sheet
| Concept | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 468.00K | 75.00K | 329.00K | 381.00K | 192.00K | 682.00K |
| Assets, Current | 1.79M | 1.51M | 1.96M | 2.69M | 1.42M | 6.92M |
| Assets | 6.68M | 6.69M | 7.17M | 8.01M | 7.33M | 14.37M |
| Liabilities, Current | 17.81M | 29.36M | 31.05M | 28.77M | 25.14M | 15.78M |
| Liabilities | 24.46M | 36.11M | 31.86M | 29.30M | 25.40M | 17.25M |
| Stockholders' Equity Attributable to Parent | -17.78M | -29.42M | -24.68M | -21.30M | -18.07M | -2.88M |
| Common Stock, Shares, Outstanding | 3.29M | 2.67M | 2.64M | 2.64M | 2.64M | 2.64M |
Cash Flow Statement
| Concept | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -895.00K | -1.16M | 282.00K | -1.69M | 3.09M | -4.00M |
| Net Cash Provided by (Used in) Investing Activities | -30.00K | -29.00K | -29.00K | 939.00K | 272.00K | 272.00K |
| Net Cash Provided by (Used in) Financing Activities | 2.12M | 893.00K | -214.00K | 568.00K | 282.00K | 282.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (ADNH CIK 0001744494),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.