ADVENT TECHNOLOGIES HOLDINGS, INC. Income Statement
ADNH|4 years of annual SEC 10-K data (FY2021-FY2024)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 4 fiscal years. All figures from audited SEC 10-K filings.
ADVENT TECHNOLOGIES HOLDINGS, INC. reported $3M in revenue and $41M in net loss for FY2024. Revenue has declined at a 22.6% compound annual rate over the past 3 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -32.65 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $3.3M | $1.5M | $7.8M | $7.1M |
| Cost of Revenue | $1.5M | $7.0M | $8.6M | $5.4M |
| Gross Profit | $1.8M | -$5.4M | -$744.0K | $1.7M |
| SG&A Expense | $14.3M | $28.8M | $35.9M | $41.9M |
| R&D Expense | $3.2M | $7.6M | $9.8M | $3.5M |
| Operating Income | -$18.4M | -$50.7M | -$85.4M | -$44.1M |
| Income Tax | -$55.0K | -$82.0K | -$2.0M | -$923.0K |
| Net Income | -$41.0M | -$71.4M | -$74.3M | -$20.5M |
| EPS (Basic) | -$37.24 | -$43.28 | -$0.45 | -$0.15 |
| EPS (Diluted) | -$37.24 | -$43.28 | -$0.45 | -$0.15 |
| Shares Outstanding | 2.6M | 1.7M | 51.3M | 25.0M |
| Gross Margin | 54.6% | -353.4% | -9.5% | 23.5% |
| Operating Margin | -560.7% | -3301.6% | -1090.0% | -624.0% |
| Profit Margin | -1251.3% | -4648.2% | -948.5% | -290.3% |