Financial Snapshot

Revenue
$5.890M
TTM
Gross Margin
-184.36%
TTM
Net Earnings
-$64.88M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
5.66%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$18.07M
Q3 2024
Cash
Q3 2024
P/E
-0.2105
Nov 29, 2024 EST
Free Cash Flow
-$10.76M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $4.859M $7.837M $3.128M $731.9K $0.00 $0.00
YoY Change -38.0% 150.55% 327.39%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $4.859M $7.837M $3.128M $731.9K $0.00 $0.00
Cost Of Revenue $18.29M $8.581M $5.406M $513.8K $400.0K $200.0K
Gross Profit -$13.43M -$744.0K $1.663M $368.8K $220.0K $170.0K
Gross Profit Margin -276.35% -9.49% 53.15% 50.4%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $32.47M $35.92M $41.88M $3.547M $260.0K $860.0K
YoY Change -9.6% -14.24% 1080.67% 1264.18% -69.77%
% of Gross Profit 2518.71% 961.64% 118.18% 505.88%
Research & Development $12.11M $9.796M $3.541M $102.5K $120.0K $100.0K
YoY Change 23.64% 176.68% 3352.91% -14.55% 20.0%
% of Gross Profit 212.95% 27.8% 54.55% 58.82%
Depreciation & Amortization $3.005M $1.493M $560.0K $20.00K $20.00K $20.00K
YoY Change 101.27% 166.61% 2700.0% 0.0% 0.0%
% of Gross Profit 33.68% 5.42% 9.09% 11.76%
Operating Expenses $44.58M $45.71M $45.42M $3.649M $700.0K $120.0K
YoY Change -2.47% 0.65% 1144.52% 421.34% 483.33%
Operating Profit -$70.34M -$85.43M -$44.11M -$3.074M -$696.6K $50.00K
YoY Change -17.66% 93.67% 1335.07% 341.28% -1493.11%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $171.0K -$39.00K -$94.27K $840.0K $4.640M $540.0K
YoY Change -538.46% -58.63% -111.22% -81.9% 759.26%
% of Operating Profit 1080.0%
Other Income/Expense, Net -$902.0K -$216.0K $15.64K -$15.70K -$110.0K -$90.00K
YoY Change 317.59% -1481.25% -199.63% -85.73% 22.22%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$70.68M -$76.31M -$21.45M -$3.121M $3.942M $420.0K
YoY Change -7.38% 255.81% 587.14% -179.18% 838.52%
Income Tax $719.0K -$1.970M -$922.5K $0.00 $1.069M $110.0K
% Of Pretax Income 27.12% 26.19%
Net Earnings -$71.40M -$74.34M -$20.52M -$3.121M $2.873M $310.0K
YoY Change -3.95% 262.21% 557.58% -208.64% 826.74%
Net Earnings / Revenue -1469.38% -948.54% -656.13% -426.45%
Basic Earnings Per Share -$37.24 -$1.44 -$0.45 -$0.15
Diluted Earnings Per Share -$37.24 -$1.44 -$0.45 -$0.15 $104.1K $11.24K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $3.562M $32.87M $79.76M $0.00 $500.0K $900.0K
YoY Change -89.16% -58.79% -100.0% -44.44%
Cash & Equivalents $3.562M $32.87M $79.76M $500.0K $1.200M $100.0K
Short-Term Investments
Other Short-Term Assets $1.339M $809.0K $1.439M $600.0K $100.0K $100.0K
YoY Change 65.51% -43.77% 139.78% 500.0% 0.0%
Inventory $2.707M $12.62M $6.958M $100.0K $0.00 $0.00
Prepaid Expenses
Receivables $212.0K $1.044M $4.756M $500.0K $400.0K $100.0K
Other Receivables $1.015M $2.158M $4.434M $500.0K $200.0K $300.0K
Total Short-Term Assets $8.835M $49.50M $97.35M $600.0K $600.0K $1.000M
YoY Change -82.15% -49.15% 16125.13% 0.0% -40.0%
Property, Plant & Equipment $24.77M $21.99M $8.585M $200.0K $100.0K $100.0K
YoY Change 12.6% 156.18% 4192.5% 100.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.058M $6.291M $3.721M $93.30M $225.4M $221.1M
YoY Change -83.18% 69.07% -96.01% -58.61% 1.94%
Total Long-Term Assets $25.90M $40.09M $65.68M $93.30M $225.4M $221.1M
YoY Change -35.39% -38.96% -29.6% -58.61% 1.94%
Total Assets $34.74M $89.59M $163.0M $93.90M $226.0M $222.1M
YoY Change
Accounts Payable $5.087M $3.480M $3.637M $300.0K $0.00 $300.0K
YoY Change 46.18% -4.33% 1112.46% -100.0%
Accrued Expenses $3.326M $4.103M $6.196M $100.0K $200.0K $100.0K
YoY Change -18.94% -33.77% 6095.53% -50.0% 100.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $2.800M $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.91M $13.67M $18.87M $3.200M $1.300M $200.0K
YoY Change -12.83% -27.58% 489.69% 146.15% 550.0%
Long-Term Debt $0.00 $0.00 $137.8K $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $9.376M $11.77M $11.32M $7.700M $7.700M $7.700M
YoY Change -20.37% 4.0% 47.03% 0.0% 0.0%
Total Long-Term Liabilities $9.376M $11.77M $11.46M $7.700M $7.700M $7.700M
YoY Change -20.37% 2.75% 48.82% 0.0% 0.0%
Total Liabilities $21.29M $25.44M $32.83M $10.90M $9.000M $8.000M
YoY Change -16.32% -22.51% 201.18% 21.11% 12.5%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 1.917M shares 51.53M shares 45.81M 20.52M
Diluted Shares Outstanding 1.917M shares 51.53M shares 45.81M 20.52M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $13.657 Million

About ADVENT TECHNOLOGIES HOLDINGS, INC.

Advent Technologies Holdings Inc is a US-based company operating in Electrical Equipment industry. The company is headquartered in Boston, Massachusetts and currently employs 100 full-time employees. The company went IPO on 2018-11-16. Advent Technologies Holdings, Inc. is an advanced materials and technology development company operating in the fuel cell and hydrogen technology space. The firm develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. Its core product offerings are full fuel cell systems and the Membrane Electrode Assembly (MEA) at the center of the fuel cell. The firm develops and manufactures high-temperature proton exchange membranes (HT-PEM or HT-PEMs) and fuel cell systems. Its systems are aimed to provide stationary power for the off-grid, backup, critical infrastructure, and portable markets. The firm also develops and manufactures MEAs, and designs fuel cell stacks and complete fuel cell systems for a range of customers in the stationary power, portable power, automotive, aviation, energy storage and sensor markets.

Industry: Miscellaneous Electrical Machinery, Equipment & Supplies Peers: AMERICAN SUPERCONDUCTOR CORP /DE/ Beam Global FTC Solar, Inc. KULR Technology Group, Inc. LSI INDUSTRIES INC NeoVolta Inc. POWELL INDUSTRIES INC SKYX Platforms Corp.