📊 ADNH Key Takeaways
Is Advent Technologies Holdings, Inc.. (ADNH) a Good Investment?
Advent Technologies is in severe financial distress with negative stockholders' equity of -$17.8M, indicating the company is technically insolvent. The company generated only $293K in revenue against massive operating losses of -$8.2M, while reporting negative free cash flow of -$4.1M, demonstrating fundamental inability to sustain operations. The paradoxical positive net income of $1.6M appears driven by non-operating factors rather than core business performance, masking an underlying business that is economically unviable.
Advent Technologies' fundamentals are extremely weak: revenue is negligible, gross profit is deeply negative, and operating losses are many times larger than sales. The reported net income appears disconnected from core operations, while negative equity, severe liquidity stress, and negative free cash flow indicate a highly distressed financial position with poor growth quality.
Why Buy Advent Technologies Holdings, Inc.. Stock? ADNH Key Strengths
- Company is not bankrupt yet; retained some cash position of $468K
- Some positive net income reported in latest period
- Modest capital deployment of $3.2M suggests management restraint
- Reported net income was positive in the latest period
- ROA is positive on a reported basis
- Revenue did not decline year over year
ADNH Stock Risks: Advent Technologies Holdings, Inc.. Investment Risks
- Negative stockholders' equity of -$17.8M indicates technical insolvency
- Revenue of only $293K with -$8.2M operating losses shows unsustainable economics
- Liabilities of $24.5M against assets of only $6.7M creates immediate solvency crisis
- Negative free cash flow of -$4.1M depletes remaining cash at accelerating rate
- Current ratio of 0.10x indicates critical liquidity stress and inability to meet obligations
- Operating losses of -2811% operating margin demonstrate fundamental business model failure
- No insider buying activity in last 90 days suggests lack of confidence from management
- Core profitability is severely impaired, with negative gross and operating margins
- Balance sheet is distressed, with negative stockholders' equity and liabilities far exceeding assets
- Liquidity is extremely weak, with a 0.10x current ratio and very low cash relative to obligations
Key Metrics to Watch
- Stockholders' equity trend - monitor for covenant breaches or bankruptcy filing
- Cash burn rate and months of cash runway remaining
- Revenue growth and path to operating cash flow breakeven
- Quarterly revenue growth and gross margin improvement
- Cash burn, operating cash flow, and near-term liquidity runway
Advent Technologies Holdings, Inc.. (ADNH) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
ADNH Profit Margin, ROE & Profitability Analysis
ADNH vs Utilities Sector: How Advent Technologies Holdings, Inc.. Compares
How Advent Technologies Holdings, Inc.. compares to Utilities sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Advent Technologies Holdings, Inc.. Stock Overvalued? ADNH Valuation Analysis 2026
Based on fundamental analysis, Advent Technologies Holdings, Inc.. has mixed fundamental signals relative to the Utilities sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Advent Technologies Holdings, Inc.. Balance Sheet: ADNH Debt, Cash & Liquidity
ADNH Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Advent Technologies Holdings, Inc..'s revenue has declined by 54% over the 5-year period, indicating business contraction. The most recent EPS of $-37.24 indicates the company is currently unprofitable.
ADNH Revenue Growth, EPS Growth & YoY Performance
ADNH Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $62.0K | $1.6M | $0.56 |
| Q2 2025 | $99.0K | -$3.8M | $-1.42 |
| Q1 2025 | $132.0K | -$3.3M | $-1.24 |
| Q3 2024 | $112.0K | -$11.8M | $-5.89 |
| Q2 2024 | $805.0K | -$11.3M | $-4.28 |
| Q1 2024 | $977.0K | -$9.4M | $-3.62 |
| Q3 2023 | $1.3M | -$11.5M | $-0.20 |
| Q2 2023 | $1.1M | -$11.1M | $-0.22 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Advent Technologies Holdings, Inc.. Dividends, Buybacks & Capital Allocation
ADNH SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Advent Technologies Holdings, Inc.. (CIK: 0001744494)
📋 Recent SEC Filings
❓ Frequently Asked Questions about ADNH
What is the AI rating for ADNH?
Advent Technologies Holdings, Inc.. (ADNH) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 96% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ADNH's key strengths?
Claude: Company is not bankrupt yet; retained some cash position of $468K. Some positive net income reported in latest period. ChatGPT: Reported net income was positive in the latest period. ROA is positive on a reported basis.
What are the risks of investing in ADNH?
Claude: Negative stockholders' equity of -$17.8M indicates technical insolvency. Revenue of only $293K with -$8.2M operating losses shows unsustainable economics. ChatGPT: Core profitability is severely impaired, with negative gross and operating margins. Balance sheet is distressed, with negative stockholders' equity and liabilities far exceeding assets.
What is ADNH's revenue and growth?
Advent Technologies Holdings, Inc.. reported revenue of $293.0K.
Does ADNH pay dividends?
Advent Technologies Holdings, Inc.. does not currently pay dividends.
Where can I find ADNH SEC filings?
Official SEC filings for Advent Technologies Holdings, Inc.. (CIK: 0001744494) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ADNH's EPS?
Advent Technologies Holdings, Inc.. has a diluted EPS of $0.56.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is ADNH a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Advent Technologies Holdings, Inc.. has a STRONG SELL rating with 96% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is ADNH stock overvalued or undervalued?
Valuation metrics for ADNH: ROE of N/A (sector avg: 10%), net margin of 530.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy ADNH stock in 2026?
Our dual AI analysis gives Advent Technologies Holdings, Inc.. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is ADNH's free cash flow?
Advent Technologies Holdings, Inc..'s operating cash flow is $-895.0K, with capital expenditures of $3.2M. FCF margin is -1,406.5%.
How does ADNH compare to other Utilities stocks?
Vs Utilities sector averages: Net margin 530.4% (avg: 12%), ROE N/A (avg: 10%), current ratio 0.10 (avg: 0.8).