Advent Technologies Holdings

Advent Technologies Holdings, Inc. operates as an advanced materials and technology development company. It develops, manufactures and assembles hydrogen fuel cell components. The company was founded on June 18, 2018 and is headquartered in Boston, MA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q2 2024

Earnings data Q1 2024

Earnings data Q3 2024

Advent Technologies reports Q4 revenue, focuses on fuel cell tech

Advent Technologies is navigating financial challenges while advancing its High-Temperature PEM fuel cell technology with a focus on efficiency and cost competitiveness.
The company's collaborations with key industry players and operational restructuring efforts position it for future growth and market penetration.
Opportunities for Advent include securing additional capital, focusing on MEA innovation, and leveraging strategic partnerships for technology commercialization.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Advent Technologies Holdings, Inc. operates as an advanced materials and technology development company. It develops, manufactures and assembles hydrogen fuel cell components. The company was founded on June 18, 2018 and is headquartered in Livermore, CA.

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that Advent Chairman and CEO Dr. Vasilis Gregoriou will speak at the Edison Open House: Transport Futures event on Wednesday, June 16, 2021. The three-day digital investors event is produced in partnership with the London Stock Exchange, OTC Markets Group, and Influence emobility. The event will feature top, publicly listed companies that are shaping the future of transport. Dr. Gregoriou will d

Advent Technologies Chairman and CEO Dr. Vasilis Gregoriou to Speak at Edison Open House: Transport Futures

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“), an innovation-driven company in the fuel cell and hydrogen technology space, today announced it is set to join the U.S. broad-market Russell 3000® Index at the conclusion of this year's Russell indexes annual reconstitution. The preliminary list of additions was released earlier this month on June 4, 2021, and the final additions will become effective after the U.S. market opens on June 28, 2021. Annual Russel

Advent Technologies Set to Join Russell 3000® Index

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that its subsidiary, UltraCell LLC, has received a contract from the U.S. Department of Defense (DoD) to focus on completing the MIL-STD certification of UltraCell's 50 W Reformed Methanol Wearable Fuel Cell Power System (“Honey Badger”). The contract was signed with the U.S. Army DEVCOM Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) Cen

Advent Technologies Signs New Contract with U.S. Department of Defense for Wearable Fuel Cell

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that Dr. Vasilis Gregoriou, Advent Chairman and CEO, welcomed the U.S. Ambassador to Greece, Geoffrey R. Pyatt, to the Company's facilities at Patras Science Park. During the Ambassador's visit there was a walking tour of the production areas of Advent Technologies SA at Patras Science Park. The productions areas are: FC Stacks/Hardware R&D and Manufacturing Area This area is a dedicated are

Advent Technologies Welcomes U.S. Ambassador to Greece, Geoffrey R. Pyatt, to the Company's Facilities in Patras, Greece

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today reported that bookings and shipments of their materials for redox flow batteries (RFBs) in the first quarter of 2021 rose by 500 percent year-over-year. Advent's materials apply to renewable energy storage and production, including the membrane electrode assemblies used in high temperature fuel cells. Dr. Emory DeCastro, Advent Technologies Chief Technology Officer, commented: “Advent's materials solve cr

Advent Technologies Reports Fivefold Increase in Bookings and Shipments of Materials for Redox Flow Batteries in Q1

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced consolidated financial results for the three months ended March 31, 2021. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with U.S. generally accepted accounting principles (GAAP). Q1 2021 Financial Highlights (all comparisons are to Q1 2020 unless otherwise noted) Total revenue was $1.49 million, a year-over-year increase of $1.39 million, the result

Advent Technologies Reports Q1 2021 Results

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced that it will release its financial results for the first quarter ended March 31, 2021 on Thursday, May 20, 2021 and will host a conference call the same day, Thursday, May 20, 2021, at 9:00 AM ET to discuss its results. To access the call please dial (866) 498-0631 from the United States, or (873) 415-0202 from outside

Advent Technologies Announces Date for First Quarter 2021 Earnings Call

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced the achievement of an important milestone in the development of hydrogen technologies. Specifically, on Wednesday, May 5, the national proposal for hydrogen technologies "White Dragon" was submitted by a group of the largest energy companies in Greece. The proposal sets forth a future vision for the entire hydrogen val

Advent Technologies Participates in Major European Hydrogen Project (IPCEI) “White Dragon” Proposal Submission

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced that its Chairman and CEO, Dr. Vasilis Gregoriou, will speak at Hydrogen 2021 on Friday, May 21, 2021. The two-day digital conference and exhibition is hosted by Reuters Events and will connect key industry stakeholders with the critical connections they need to expand in the hydrogen market. Dr. Gregoriou will discuss

Advent Technologies Chairman and CEO Dr. Vasilis Gregoriou to Address Reuters Events Hydrogen 2021

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced that the 2021 annual meeting of stockholders (the “Annual Meeting”) originally scheduled to be held on Thursday, May 20, 2021, has been postponed. In response to the SEC's “Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (“SPACs”)” (the “Staff Stat

Advent Technologies Announces Postponement of Annual Meeting to June 8, 2021

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), today provided a business update as it works to complete its previously announced financial restatement and file its Amendment No. 1 to Form 10-K for the year ended December 31, 2020. The Company also announced that it has filed a Form 12b-25 to extend the filing date of its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021. Advent continues to execute on its business plan to

Advent Technologies Provides Business Update

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“) today announced that it is now a member of the Fuel Cell and Hydrogen Energy Association (FCHEA). Advent is active in the next-generation fuel cell and hydrogen technology space. The U.S. corporation develops cutting-edge technologies allowing for an ‘Any Fuel. Anywhere.' option in which Advent's high-temp fuel cells can go beyond hydrogen by converting hydrogen carriers and other e-fuels to electricity. FCHEA

Advent Technologies Announces Membership in The Fuel Cell and Hydrogen Energy Association

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that Advent Chief Marketing Officer Chris Kaskavelis will speak at the Saudi Energy Meet Virtual Expo and Summit on Thursday, April 8, 2021. The Summit will bring together speakers from oil & gas, renewables, hydrogen, power, utilities and more on April 7-8 to discuss the future of energy post COVID-19 and progress towards reaching renewable energy goals. Dr. Kaskavelis will discuss Advent's

Advent Technologies CMO Chris Kaskavelis to Address the Saudi Energy Meet Summit

BOSTON--(BUSINESS WIRE)--U.S. Department of Defense Selects Advent's Wearable Fuel Cell for 2021 Validation Program

U.S. Department of Defense Selects Advent's Wearable Fuel Cell for 2021 Validation Program

BOSTON--(BUSINESS WIRE)--Advent Technologies Announces Full Year 2020 Financial Results and Issues Shareholder Letter

Advent Technologies Announces Full Year 2020 Financial Results and Issues Shareholder Letter

Dollar General

Starbucks

Molson Coors Brewing

Luminar Technologies

Progressive

SolarEdge Technologies

SNDL Inc.

With the trading day about halfway over, the broad markets were sliding into the weekend.

Dollar General, Progressive, Starbucks, Molson Coors and More Friday Afternoon Analyst Calls

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced that it has signed an eight-year lease for 21,401 square feet in the heart of Boston's innovation and R&D community at Hood Park in Charlestown, MA (www.hoodpark.com). The purpose of the new Advent Technologies facility is to accelerate product development on recent next-generation membrane electrode assembly (MEA)

Advent Technologies Announces New Product Development & Manufacturing Facility in Charlestown, Massachusetts, USA

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced that it has signed a joint development agreement (the “CRADA”) with the US Department of Energy's (DOE), Los Alamos National Laboratory (LANL), Brookhaven National Laboratory (BNL) and the National Renewable Energy Laboratory (NREL). Under this CRADA, along with support from the DOE's Hydrogen and Fuel Cell Technologie

Advent Technologies Announces Official Launch of Joint Collaboration With U.S. Department of Energy for Next-Generation Fuel Cell Technology

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, announced today that the Company's Chairman and CEO, Dr. Vasilis Gregoriou, will ring the Nasdaq Opening Bell virtually on Friday, February 26, 2021 in celebration of Advent's public listing. The virtual ceremony will begin at approximately 9:15 AM ET and can be viewed live at https://www.nasdaq.com/marketsite/bell-ringing-ceremony. “

Advent Technologies Holdings, Inc. to Ring Nasdaq Stock Market Opening Bell on February 26, 2021

BOSTON, Mass.--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, announced today that Advent will be presenting virtually at the following upcoming conferences. BTIG Energy Transition EV Day Date: Tuesday, February 23, 2021 Presentation Time: 9:30 AM ET / 3:30 PM CET 2nd World Hydrogen Summit Date: Wednesday, March 10, 2021 Presentation Time: 3:15 AM ET / 9:15 AM CET About Advent Technologie

Advent Technologies Holdings, Inc. to Present at Upcoming Conferences

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced that it has acquired UltraCell LLC (“UltraCell”), the fuel cell division of Bren-Tronics, Inc. (“Bren-Tronics”). The acquisition closed on February 18, 2021. UltraCell is a leader in lightweight fuel cells for the portable power market with mature products and cutting-edge technology. The portable battery chargers prod

Advent Technologies Announces Acquisition of UltraCell, a Leader in Lightweight Fuel Cell Technology

ADN stock will close out its SPAC merger with AMCI Acquisition and start trading today. Here's what to know about the hydrogen fuel cell play.

News for Advent Technologies Holdings Stock (ADN)