Advent Technologies Holdings, Inc. (ADNH)
OTHER OTC:ADNH
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Advent Technologies Holdings
(OTC:ADNH)
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Rating:41Neutral
Price Target:
$0.46
▼(-12.50% Downside)
Action:UpgradedDate:01/13/26
The score is primarily weighed down by very weak financial performance (shrinking revenue, deeply negative profitability, negative free cash flow, and negative equity). Technical indicators also reflect a sustained downtrend with negative momentum, while valuation provides limited support due to losses and no dividend data.
Positive Factors
Exposure to hydrogen and fuel-cell markets
Advent operates in the structural clean-energy hydrogen and fuel-cell market, serving transport, aerospace and stationary power. Those secular tailwinds support a large addressable market and long-term demand potential for its products and partnerships, aiding growth prospects.
Negative Factors
Collapsed revenue and deep operating losses
TTM revenue has collapsed to negligible levels and margins are deeply negative, showing weak product commercialization and poor cost absorption. Persistent operating losses and negative equity erode solvency and limit the firm’s ability to invest organically without external capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Exposure to hydrogen and fuel-cell markets
Advent operates in the structural clean-energy hydrogen and fuel-cell market, serving transport, aerospace and stationary power. Those secular tailwinds support a large addressable market and long-term demand potential for its products and partnerships, aiding growth prospects.
Read all positive factors
Advent Technologies Holdings (ADNH) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.52M
Dividend YieldN/A
Average Volume (3M)17.69K
Price to Earnings (P/E)0.3
Beta (1Y)2.38
Revenue Growth-99.17%
EPS Growth98.77%
CountryUS
Employees26
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)-1.43
Shares Outstanding3,788,634
10 Day Avg. Volume9,719
30 Day Avg. Volume17,691
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-0.61
Price to Sales (P/S)4.00
P/FCF Ratio-1.97
Enterprise Value/Market Cap1.99
Enterprise Value/Revenue61.70
Enterprise Value/Gross Profit-1.60
Enterprise Value/Ebitda-0.19
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)39.39
Revenue Forecast (FY)$395.45M
Advent Technologies Holdings Business Overview & Revenue Model
Company Description
Advent Technologies Holdings, Inc., an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America and Europe. It develops, manufactures, and assembles fuel cell systems and cri...
How the Company Makes Money
Advent Technologies generates revenue through the sale of its fuel cell systems and components, as well as through the provision of hydrogen production technologies. Key revenue streams include direct product sales to various industries such as tr...
Advent Technologies Holdings Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
20
Very Negative
| Breakdown | TTM | Dec 2024 | Jun 2024 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 49.00K | 3.28M | 1.54M | 7.84M | 7.07M | 882.65K |
| Gross Profit | -1.89M | 1.79M | -5.43M | -744.00K | 1.66M | 368.83K |
| EBITDA | -16.12M | -16.78M | -38.42M | -44.62M | -34.07M | -3.05M |
| Net Income | -289.00K | -40.99M | -71.40M | -74.34M | -20.52M | -3.12M |
Balance Sheet | ||||||
| Total Assets | 6.68M | 8.01M | 34.74M | 89.59M | 163.03M | 1.89M |
| Cash, Cash Equivalents and Short-Term Investments | 468.00K | 381.00K | 3.20M | 32.87M | 79.76M | 515.73K |
| Total Debt | 1.98M | 832.00K | 10.36M | 12.08M | 137.81K | 2.81M |
| Total Liabilities | 24.46M | 29.30M | 21.29M | 25.44M | 32.83M | 3.69M |
| Stockholders Equity | -17.78M | -21.30M | 13.45M | 64.15M | 130.20M | -1.79M |
Cash Flow | ||||||
| Free Cash Flow | -2.27M | -6.65M | -35.81M | -46.21M | -41.98M | -1.55M |
| Operating Cash Flow | -2.28M | -6.61M | -32.11M | -32.13M | -35.84M | -1.43M |
| Investing Cash Flow | 895.00K | 1.17M | -6.24M | -14.52M | -25.56M | -122.51K |
| Financing Cash Flow | 2.69M | 1.39M | 9.06M | -40.00K | 141.50M | 882.33K |
Advent Technologies Holdings Technical Analysis
Neutral
0.52
Price Trends
0.41
Negative
0.45
Negative
1.60
Negative
Market Momentum
>-0.01
Negative
50.18
Neutral
41.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ADNH, the sentiment is Neutral. The current price of 0.52 is above the 20-day moving average (MA) of 0.40, above the 50-day MA of 0.41, and below the 200-day MA of 1.60, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.18 is Neutral, neither overbought nor oversold. The STOCH value of 41.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ADNH.
Advent Technologies Holdings Risk Analysis
Advent Technologies Holdings disclosed 46 risk factors in its most recent earnings report. Advent Technologies Holdings reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Advent Technologies Holdings Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | $1.74B | -231.49 | 10.05% | ― | 42.09% | 219.69% | |
48 Neutral | $35.27M | -10.17 | -54.97% | ― | -40.99% | -46.52% | |
48 Neutral | $67.27M | -0.93 | -16.59% | ― | ― | 23.66% | |
41 Neutral | $1.52M | 0.27 | ― | ― | -99.17% | 98.77% | |
41 Neutral | $458.14K | -0.10 | -327.21% | ― | ― | ― | |
39 Underperform | $6.54M | ― | -177.63% | ― | ― | ― |
* Industrials Sector Average
ADNH
Advent Technologies Holdings
0.40
-2.83
-87.62%
HTOO
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2.79
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-65.34%
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4.77
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WAVE
Eco Wave Power Global
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2.72%
VGAS
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1.51
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BNRG
Brenmiller
0.64
-41.71
-98.49%
Advent Technologies Holdings Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Advent Technologies Secures Convertible CHF Promissory Note Financing
Neutral
Jan 15, 2026
On January 8, 2026, Advent Technologies Holdings, Inc. entered into a CHF 500,000 secured promissory note with lender Chris Antonopoulos, carrying an annual interest rate of 8.5%, maturing on January 7, 2027, and secured by a first‑priority ...
Private Placements and Financing
Advent Technologies Completes Loan Repayment and Agreement Termination
Neutral
Nov 10, 2025
On August 1, 2025, Advent Technologies Holdings entered into a Securities Purchase Agreement with Hudson Global Ventures LLC, resulting in a $235,000 loan evidenced by a Convertible Promissory Note. By November 5, 2025, Advent Technologies had rep...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.