Ads-Tec Energy reports FY24 EPS (EUR 1.91) vs (EUR 1.13) last year

Reports FY24 revenue EUR 110M vs EUR 107.4M last year. “2024 was a milestone year for ADS-TEC Energy (ADSE), despite headwinds in the EV sector,” said Thomas Speidel, CEO of ADS-TEC Energy. “We navigated market volatility while achieving our first-ever positive adjusted EBITDA and more than tripled our customer base. As we move into 2025, we are transitioning into a more resilient, long-term growth phase-supported by new capital and a business model that leverages multiple recurring revenue streams across Europe and North America.”