Advent Technologies Holdings, Inc.

Advent Technologies Holdings, Inc.

ADN
Advent Technologies Holdings, Inc.US flagNASDAQ Capital Market
0.50
USD
-0.07
- -
1.34MMarket Cap
Advent Technologies Holdings, Inc.
ADN
(NASDAQ Capital Market)

Recent

price

0.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
TTM
FRC
- -
1.29
4.63
4.56
0.8
1.25
0.04
Revenue per Share
4.2
-4.56
-13.44
-43.28
-37.24
-15.65
-10.37
Basic EPS, GAAP
-0.92
-2.26
-27.49
-26.97
-12.87
0.5
1.59
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
4.65
-18.86
-21.88
-62.74
-93.45
-84.06
-85.87
Book Value per Share
7.31
-2.62
50.31
30.47
6.97
-8.16
-11.16
Tangible Book Value per Share
1
1
2
2
2
3
3
Basic Weighted Avg Shares
- -
1
7
8
2
3
- -
Sales/Revenue/Turnover
- -
-348.24
-624.01
-593.4
-2,701.37
-565.14
-19,600
Operating Margin (%)
- -
- -
2
4
3
2
1
Depreciation Expense
3
-3
-21
-74
-71
-41
-27
Net Income, GAAP
27.12
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-353.6
-290.32
-948.54
-4,648.24
-1,251.34
-23,857.39
Profit Margin (%)
-1
-2
78
36
-3
-26
-28
Working Capital
- -
- -
- -
10
8
- -
- -
LT Debt
5
-2
130
64
13
-21
-29
Total Equity
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1
- -
2
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
13
11
6

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
3
2
2
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
1
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
29
31
29
Payables & Accruals
19
21
22
ST Debt
1
- -
2
Deferred Revenue
4
4
5

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-1,576.74%
-258.35%
Free Cash Flow
- -
523.18%
-105.33%
Net Income, GAAP
- -
112.92%
-42.58%
Sales/Revenue/Turnover
- -
- -
113.28%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1
1
- -
2
2
2024
3
1
- -
- -
3
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-6.92
-12.26
-5.89
- -
-37.24
2024
-3.62
-4.28
-7.03
- -
-15.65
2025
-1.24
-1.42
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Business
Advent Technologies Holdings, Inc. (NASDAQ: ADN) develops, manufactures, and assembles high-temperature proton exchange membrane (HT-PEM) fuel cell systems and critical components, including proprietary Ion Pair™ membrane electrode assemblies (MEAs), electrodes, fuel cell stacks, and complete systems for stationary power, portable power, automotive, aviation, marine, energy storage, defense, and sensor applications; the company converts hydrogen, methanol, natural gas, ethanol, and future carbon-neutral renewable fuels like eMethanol into electricity, with fuel-flexible technology resilient to pollution, humidity, and extreme temperatures, and licenses its technology to Tier-1 suppliers and major manufacturers. Founded in 2006 and headquartered in Livermore, California, with manufacturing and R&D facilities in the US, Denmark, Germany, Greece, and operations spanning North America, Europe, and Asia, Advent targets OEMs, system integrators, defense sectors, transportation, robotics, agriculture, drones, space applications via the European Space Agency, and emerging markets in the developing world. Recent developments include enhancing its license agreement with TRIAD National Security in August 2025 for exclusive rights to Ion Pair™ technology in marine, aviation, and portable power fields; advancing the €34.5 million EU Innovation Fund-backed RHyno Project since April 2025 for megawatt-scale fuel cells and electrolysers in Kozani, Greece, with five deliverables submitted; securing a purchase order from a leading European transportation power company for MEAs in late 2025; collaborating with Airbus on next-generation HT-PEM technology; and receiving Danish funding for R&D plus EU grants for projects like RESCUE (€2.16 million in February 2025).

Company News

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