Advent Technologies Holdings, Inc. ADNH

0.00 0.00 NaN as of 24 Sep
Market cap
$3.0M
P/E
0.0×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 3.02
Revenue 0.05
Net Income (0.29)
Free Cash Flow (1.68)
Net Debt 1.33
Current Ratio 0.10
Debt/Equity (0.10)
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 0.00
Past 5Y EPS Growth (1,240.46%)
This Y EPS Growth 98.10%
Next Y EPS Growth 600.00%
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2018 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2022 2023 2024 Q'25
Cash 33 3 0 0
Receivables 2 0 1 0
Inventory 13 0 0 —
Other 2 0 1 1
50 9 3 2
2022 2023 2024 Q'25
Payables 5 4 17 7
ST’ Debt 2 — 1 2
Other 7 1 11 7
14 12 29 18
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — (14.26%) (25.23%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 0 0 0 — —
’24 3 1 0 — 3
’23 1 1 0 — 2
’22 1 2 2 2 8
’22 — — — — 8
’21 1 1 2 3 7
’21 — — — — 7
in millions of $ · fiscal quarters ending in the months shown
value withheld pending a data check

Operating Cash Flow

Mar Jun Sep Dec Year
’26 0 (1) 0 — —
’24 (3) (1) 7 (2) 1
’23 (11) (7) (17) 15 (21)
’22 (19) (10) (3) 0 (32)
’22 — — — — (32)
’21 (12) (4) (8) (11) (36)
’21 — — — — (36)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 0 (1) 0 — —
’24 (3) (1) 7 (1) 3
’23 (13) (8) (18) 16 (23)
’22 (20) (12) (4) (8) (44)
’22 — — — — (32)
’21 (12) (5) (10) (12) (40)
’21 — — — — (36)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (1.24) (1.42) 2.92 — —
’24 (3.62) (4.28) (7.03) (0.73) (15.65)
’23 (6.91) (12.31) (6.01) (12.04) (37.24)
’22 (2.40) (6.61) (6.61) (27.63) (43.24)
’22 — — — — (1.44)
’21 2.10 (2.10) (6.91) (5.41) (13.51)
’21 — — — — (0.45)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
— — — — 288.30 295.50 196.80 33.90 5.85 1.71

Analyst estimates 2025–2027

Powerpack
Low Price
— — — — 304.20 514.95 576.30 212.40 62.70 9.53
High Price
— — — 4 4 5 200 175 100 31
Employees
— — — 0 0 0 0 0 0 0
Revenue/Emp
— — — — — 1 7 8 2 3
Revenue
— — — — — 41.78% 23.53% (9.49%) (353.39%) 54.58%
Gross Margin
— — — 0 23 (3) (21) (76) (51) (30)
EBT
— — — 0.00% 0.00% (353.57%) (303.38%) (973.68%) (3,319.27%) (917.86%)
EBT Margin
— — 0 0 22 (3) (21) (74) (71) (41)
Net Income
— — — — — 0 2 43 12 2
Depreciation
— — — 0.00 0.00 1.29 4.63 4.56 0.80 1.25
Revenue/Sh
— — — 0.37 79.13 (4.57) (13.51) (43.24) (37.24) (15.65)
Earnings/Sh
— — — (0.64) (2.32) (2.09) (23.49) (18.70) (10.94) 0.53
Cash Flow/Sh
— — — 0.00 0.00 (0.18) (2.58) (6.78) (1.14) 0.46
Capex/Sh
— — — (0.64) (2.32) (2.26) (26.07) (25.48) (12.08) 1.00
Free CF/Sh
— — — 1,204.22 760.71 (2.62) 85.34 37.35 7.01 (8.13)
Book Value/Sh
— — — 0 0 1 2 2 2 3
Shares
— — — — — 0.00 0.00 0.00 0.00 0.00
PE Ratio
— — — — — 346.72 45.39 11.05 8.24 4.00
PS Ratio
— — — — — 0.00 2.46 1.35 0.94 0.00
PB Ratio
— — — — — 349.27 34.49 8.39 13.33 4.22
EV/Sales
— — — — — (199.21) (6.13) (1.50) (0.88) 5.51
EV/FCF
— — — 0 (1) (1) (36) (32) (21) 1
Op' Cash Flow
— — — — — 0 (4) (12) (2) 1
Capex
— — — 0 (1) (2) (40) (44) (23) 3
FCF
— — — 1 (1) (2) 78 36 (3) (26)
Working Cap'
— — — — — 3 — 2 — 1
Total Debt
— — — (1) (1) (1) (80) (33) (3) 0
Net Debt
— — — 214 207 (2) 130 64 13 (21)
Sh' Equity
— — — (0.02%) 9.52% (164.77%) (12.59%) (82.98%) (114.86%) (191.81%)
ROA
— — — (0.03%) (0.21%) 0.00% (54.66%) (170.70%) (312.33%) 0.00%
ROIC
— — — (0.02%) 20.32% 174.02% (15.76%) (115.88%) (184.02%) 1,044.83%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2024 · latest quarter Sep 2025

Advent Technologies Holdings, Inc. peers in Electrical Equipment & Parts

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Advent Technologies Holdings, Inc. (ADNH) Latest News

News by impact score

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2 Apr

4

Advent Technologies Holdings, Inc. (ADNH) entered a license and joint development agreement with EH Group Engineering AG to advance HTPEM fuel cell technology for stationary power applications. Licensing and joint development of core HTPEM fuel cell technology with EH Group represents a major strategic advancement for ADNH's stationary power market positioning.

12 Feb

3

Advent Technologies Holdings, Inc. (ADNH) is highlighted as a promising investment among Middle Eastern penny stocks with market caps under US$2B. The company focuses on advanced fuel cell technologies and is positioned to benefit from the growing demand for clean energy solutions. Its innovative approach and strategic partnerships are noted as key factors that could enhance its market presence and financial performance. Advent's focus on clean energy technologies may moderately influence its competitive positioning and financial performance.

23 Jan

3

Chris Antonopoulos has been appointed to the Board of Directors of Advent Technologies Holdings, Inc. His extensive experience in technology and business development is expected to enhance the company's strategic direction and governance. The appointment of a new board member with relevant expertise may moderately influence the company's strategic decisions and overall performance.

14 Jan

3

Advent Technologies Holdings, Inc. (ADNH) is highlighted among Middle Eastern penny stocks with market capitalizations exceeding US$100 million. The company is noted for its focus on advanced fuel cell technologies and sustainable energy solutions, positioning itself within a growing market segment. Investors are encouraged to consider ADNH as part of their portfolio, given its potential for growth in the renewable energy sector. Advent's focus on advanced fuel cell technologies may moderately influence its market positioning and financial performance.

13 Jan

4

Advent Technologies Holdings, Inc. (ADNH) has been notified by Nasdaq that its securities will be delisted due to failure to meet the minimum bid price requirement. The company has the option to appeal the decision and request a hearing, which could delay the delisting process. If the appeal is unsuccessful, ADNH's shares will be removed from the Nasdaq exchange, potentially impacting its market presence and investor confidence. Delisting from Nasdaq could significantly affect investor sentiment and the company's market performance.

4

Advent Technologies Holdings, Inc. has expanded its Joint Development Agreement with Airbus to enhance the development of hydrogen fuel cell technology for aviation applications. This collaboration aims to accelerate the adoption of sustainable aviation solutions, focusing on the integration of Advent's fuel cell systems into Airbus's aircraft designs. The partnership reflects a commitment to advancing clean energy technologies in the aerospace sector, potentially leading to significant advancements in reducing carbon emissions in air travel. The expanded partnership with Airbus is likely to significantly impact Advent's future by enhancing its technological capabilities and market positioning in the sustainable aviation sector.

29 Oct

4

Advent Technologies Holdings, Inc. has announced advancements in its next-generation fuel cell technology, aimed at revolutionizing the aviation industry. The company is focusing on developing sustainable and efficient energy solutions for flight, which could significantly reduce carbon emissions and enhance the performance of aircraft. This innovation aligns with global efforts to transition to cleaner energy sources and positions Advent as a key player in the future of aviation. The introduction of next-generation fuel cell technology is expected to significantly impact Advent's market positioning and investor sentiment in the aviation sector.

27 Oct

4

Advent Technologies Holdings, Inc. has appointed Arxicon as the master planner for its RHyno Project, which aims to develop a hydrogen production facility. This collaboration is expected to enhance project execution and align with Advent's strategic goals in the renewable energy sector. The RHyno Project is part of Advent's broader initiative to advance clean energy technologies and contribute to sustainable development. The partnership with Arxicon for the RHyno Project represents a significant strategic move that could enhance Advent's position in the renewable energy market.

9 Oct

4

Advent Technologies Holdings, Inc. will present at the International Energy Agency Conference focused on fuel cell applications in the maritime sector. The conference aims to explore advancements and innovations in fuel cell technology, particularly its relevance to maritime applications. Advent's participation highlights its commitment to developing sustainable energy solutions and its role in the evolving maritime industry. Participation in a significant conference on fuel cell applications could enhance Advent's strategic positioning and market visibility in the maritime sector.

29 Sep

4

Advent Technologies Holdings, Inc. has announced a partnership with Siqens GmbH to supply Membrane Electrode Assemblies (MEAs) for its fuel cell systems. This collaboration aims to enhance the efficiency and performance of Siqens' fuel cell technology, contributing to advancements in clean energy solutions. The partnership with Siqens GmbH represents a significant strategic move that could enhance Advent's competitive positioning in the fuel cell market.

22 Sep

4

Advent Technologies Holdings, Inc. has successfully delivered advanced portable fuel cell systems under a contract with the U.S. Department of Defense. This contract highlights the company's commitment to providing innovative energy solutions for military applications, enhancing operational capabilities and sustainability. The fuel cells are designed to meet the rigorous demands of defense operations, showcasing Advent's technological advancements in clean energy. The contract with the U.S. Department of Defense represents a significant strategic move that could enhance Advent's market position and investor sentiment.

18 Sep

4

Advent Technologies Holdings, Inc. has received a significant order from a leading European transportation power company, marking a notable advancement in its business operations. This order is expected to enhance Advent's position in the energy sector, particularly in providing innovative solutions for transportation power needs. The collaboration underscores the growing demand for sustainable energy technologies in Europe, aligning with Advent's strategic goals. The order from a leading European company indicates a significant strategic move that could enhance Advent's market position and investor sentiment.

9 Sep

4

Advent Technologies Holdings, Inc. has achieved a significant milestone in its strategic collaboration with Airbus, focusing on the development of advanced fuel cell technologies. This partnership aims to enhance sustainable aviation solutions and accelerate the transition to cleaner energy sources in the aerospace sector. The collaboration is expected to leverage Advent's innovative technologies to meet the growing demand for eco-friendly aviation solutions. The collaboration with Airbus is likely to significantly impact Advent's future performance by advancing its position in the sustainable aviation market.

2 Sep

4

Advent Technologies Holdings, Inc. has secured €34.5 million for its RHyno project, funded by the EU Innovation Fund. This initiative aims to enhance the company's capabilities in hydrogen technology and contribute to the European Union's green transition goals. The funding will support the development of innovative solutions in renewable energy, positioning Advent as a key player in the hydrogen sector. Securing significant EU funding for the RHyno project is likely to enhance Advent's strategic position and market opportunities in the renewable energy sector.

27 Aug

4

Advent Technologies Holdings, Inc. has engaged Fata Advisory to enhance its business development efforts in the aerospace, defense, and commercial markets. This collaboration aims to leverage Fata Advisory's expertise to expand Advent's market presence and drive growth in these sectors. Engaging Fata Advisory is a significant strategic move that could enhance Advent's positioning in key markets.

26 Aug

4

Advent Technologies Holdings, Inc. is actively pursuing innovative initiatives in the space sector, focusing on advanced technologies that could enhance its capabilities and market position. The company aims to leverage its expertise in fuel cell technology to contribute to space exploration and related applications, potentially opening new revenue streams and partnerships. This strategic direction aligns with growing interest in sustainable energy solutions for space missions, positioning Advent as a key player in this emerging market. Pursuing initiatives in the space sector could significantly alter Advent's competitive position and long-term prospects.

25 Aug

4

Advent Technologies Holdings, Inc. has received a significant order from a global energy giant for its Ion Pair HT-PEM electrode assemblies. This order marks a notable advancement in Advent's business, highlighting the company's role in the energy sector and its innovative technology in fuel cell components. The collaboration is expected to enhance Advent's market presence and contribute to its growth strategy. The order from a global energy giant is likely to significantly impact Advent's future performance and market positioning.

21 Aug

4

Advent Technologies Holdings, Inc. has entered into an agreement with a global semiconductor and wireless technology company to develop an Ion Pair Membrane for gas sensing applications. This collaboration aims to enhance the capabilities of gas sensors, potentially leading to advancements in various industries that rely on gas detection technologies. The partnership could significantly enhance Advent's product offerings and competitive positioning in the gas sensing market.

18 Aug

4

Advent Technologies Holdings, Inc. has formed a strategic partnership with Stralis to advance hydrogen electric flight technology. This collaboration aims to develop innovative solutions for sustainable aviation, leveraging Advent's expertise in fuel cell technology and Stralis's capabilities in electric propulsion systems. The partnership is expected to accelerate the transition to cleaner aviation alternatives, aligning with global efforts to reduce carbon emissions in the aerospace sector. The partnership is a significant strategic move that could enhance Advent's position in the emerging hydrogen electric flight market.

12 Aug

4

Advent Technologies Holdings, Inc. has acquired exclusive rights to the Ion Pair Technology developed at Los Alamos National Laboratory for applications in marine, aviation, and portable power sectors. This enhancement of their licensing agreement is expected to bolster Advent's technological capabilities and market position in these fields. Acquiring exclusivity in key sectors is likely to significantly enhance Advent's competitive position and growth potential.

27 May

4

Advent Technologies Holdings, Inc. has appointed Joseph Hosni as the Director of Commercial Sales, based in Athens. Hosni brings over 25 years of experience in technology and infrastructure sales, previously serving as Commercial Director at VEN Engineering. He aims to collaborate with Advent's management to realize the company's vision for commercialization. Konstantinos Ferderigos, General Manager of the Greek subsidiary, expressed optimism about expanding global sales strategies, while CEO Gary Herman highlighted Hosni's expertise in fuel cell technology as a valuable asset for the company's growth. Advent Technologies specializes in fuel cell systems and holds numerous patents in the renewable energy sector. The appointment of a seasoned sales director is expected to significantly enhance Advent's global sales strategy and commercialization efforts.

23 May

3

Advent Technologies Holdings, Inc. received a notice from Nasdaq on May 22, 2025, indicating non-compliance with listing requirements due to late filings of its Form 10-Q and Form 10-K. The company has until June 16, 2025, to submit a compliance plan, with a potential extension until October 13, 2025, if accepted. The notice does not immediately affect the trading of the company's shares. Late filings could moderately influence financial performance and investor sentiment.

12 May

4

Advent Technologies Holdings, Inc. has appointed Dr. Ryan Pavlicek as the General Manager of its Livermore facility. Dr. Pavlicek, who previously held various roles at Advent from 2018 to 2024, brings over 10 years of experience in fuel cell technology development. He will focus on advancing the Ion Pair Technology within the Honey Badger™ product line. Advent's leadership expressed enthusiasm for his return, highlighting his expertise in commercializing advanced technologies. Advent Technologies develops and manufactures fuel cell systems and holds numerous patents in the renewable energy sector. The appointment of Dr. Pavlicek is expected to significantly enhance Advent's product innovation and commercialization efforts.

7 May

3

Advent Technologies Holdings, Inc. has appointed Bryan Holasek as Chief Strategy Officer. Holasek brings extensive experience in strategic planning and business development, having previously held leadership roles in various technology companies. His appointment is expected to enhance Advent's strategic initiatives and drive growth in the clean energy sector. The appointment of a new Chief Strategy Officer may influence the company's strategic direction and operational effectiveness.

16 Apr

3

Advent Technologies Holdings, Inc. received a notice from Nasdaq on April 16, 2025, for failing to file its Annual Report on Form 10-K for the year ended December 31, 2024 by the March 31, 2025 deadline. The notice does not immediately affect the listing or trading of the company's shares. Advent has 60 days to submit a compliance plan, which it intends to do by April 30, 2025, and aims to file the 10-K by the same date. The company is working to ensure timely future filings to maintain compliance with SEC reporting obligations. Failure to file the 10-K could moderately influence financial performance and investor sentiment.

26 Mar

4

Advent Technologies Holdings, Inc. has received approval from Airbus to proceed with Phase Two of their joint benchmarking project. This phase aims to further evaluate Advent's innovative technologies in the aerospace sector, potentially enhancing fuel cell performance and sustainability in aviation applications. The collaboration with Airbus is likely to significantly impact Advent's strategic positioning and market opportunities in the aerospace industry.

11 Mar

4

Advent Technologies Holdings, Inc. has signed a €34.5 million grant agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA) for its RHyno Project, aimed at developing innovative fuel cells and electrolysers. The funding will be received incrementally based on performance milestones. The project is expected to enhance power density and lifespan while reducing the weight and volume of power systems, contributing to the decarbonization of industries such as aviation and automotive. Advent ranked highest among 337 proposals in the EU Innovation Fund 2023 Call, highlighting its potential for strong industrial partnerships and collaborations. The grant agreement and project development are likely to significantly enhance Advent's competitive position and market opportunities in the clean energy sector.

11 Feb

4

Advent Technologies Holdings, Inc. has launched the RESCUE project, receiving €2.16 million in funding under the HORIZON-JTI-CLEANH2-2024-04-01 initiative. The four-year project, with a total budget of €5 million, aims to develop a portable 50 kW power generator system using HT-PEM technology for backup power during natural disasters. Key partners include DLR, CERTH, THW, DTU, and ProACT. Advent will focus on system integration and innovation, contributing to sustainable energy solutions in disaster-stricken areas. The RESCUE project represents a significant strategic initiative that could enhance Advent's competitive positioning and market presence in clean energy technologies.

24 Jan

3

Advent Technologies Holdings, Inc. has reappointed Nikolaos Farmakiotis as its Sales and Marketing Manager. Farmakiotis, a veteran in the field, previously held a similar role at Advent and is expected to leverage his extensive experience to enhance the company's market presence and drive sales growth. The return of an experienced manager may positively influence sales and marketing efforts, but the overall impact on the company's trajectory is expected to be limited.

19 Dec

3

Advent Technologies Holdings, Inc. supports the Wounded Warrior Project as a corporate supporter to help warriors and their families on their journeys to recovery. The support for the Wounded Warrior Project may positively impact Advent's corporate reputation and brand.

stockrow.com/ADNH · Data as of Sep 30, 2025 · For information only; not investment advice. · © 2026 stockrow.com