NASDAQ : ADSE
ADS-TEC Energy PLC — Financial statements
Industrials · Electrical Equipment & Parts · Ireland
Last price 9.83 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 737.74M
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Financial statements
ADS-TEC Energy PLC (ADSE) reported revenue of 24.30M EUR (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in EUR.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 24.30M | 31.56M | 110.01M | 107.38M | 26.43M | 33.03M |
| Cost of Revenue | 40.76M | 47.84M | 90.58M | 110.27M | 30.90M | 35.31M |
| Gross Profit | -16.47M | -16.28M | 19.43M | -2.89M | -4.47M | -2.27M |
| Selling, General & Admin | 29.36M | 32.80M | 31.59M | 27.82M | 31.32M | 13.32M |
| Research & Development | 8.25M | 8.49M | 8.97M | 2.83M | 1.70M | 2.01M |
| Other Operating Expenses | -1.95M | -1.48M | -12.69M | 10.15M | -1.29M | 3.41M |
| Operating Expenses | 35.92M | 39.86M | 27.93M | 40.70M | 31.96M | 18.92M |
| Operating Income | -52.38M | -56.15M | -8.50M | -43.58M | -36.43M | -21.19M |
| Interest Expense | -22.44M | -42.62M | -16.33M | -3.03M | -427.00K | -2.57M |
| Interest & Investment Income | 29.85M | 40.96M | 24.00K | 187.00K | 10.59M | 47.00K |
| Currency Exchange Gain (Loss) | -556.00K | 10.88M | -6.77M | -1.06M | 8.92M | -264.00K |
| Other Non Operating Income (Expenses) | -37.50M | -8.72M | -62.17M | -10.86M | ||
| EBT Excluding Unusual Items | -83.03M | -55.65M | -93.75M | -58.34M | -17.35M | -23.98M |
| Merger & Restructuring Charges | -65.80M | |||||
| Gain (Loss) on Sale of Assets | -36.00K | |||||
| Other Unusual Items | -3.73M | |||||
| Pretax Income | -82.83M | -55.45M | -97.47M | -58.22M | -16.33M | -87.23M |
| Income Tax Expense | -377.00K | -257.00K | 491.00K | -3.14M | 2.57M | 413.00K |
| Net Income | -82.45M | -55.19M | -97.96M | -55.08M | -18.91M | -87.64M |
| Net Income to Common | -82.45M | -55.19M | -97.96M | -55.08M | -18.91M | -87.64M |
| Shares Outstanding (Basic) | 61.38M | 56.39M | 51.22M | 48.92M | 48.81M | 25.34M |
| Shares Outstanding (Diluted) | 61.38M | 56.39M | 51.22M | 48.92M | 49.01M | 25.34M |
| EPS (Basic) | -1.34 | -0.98 | -1.91 | -1.13 | -0.39 | -3.46 |
| EPS (Diluted) | -1.34 | -0.98 | -1.91 | -1.13 | -0.39 | -3.46 |
| Free Cash Flow | -28.49M | -39.87M | -17.24M | -22.96M | -61.29M | -19.88M |
| Free Cash Flow Per Share | -0.46 | -0.71 | -0.34 | -0.47 | -1.25 | -0.78 |
| Gross Margin | -67.77% | -51.59% | 17.66% | -2.69% | -16.93% | -6.89% |
| Operating Margin | -215.59% | -177.91% | -7.73% | -40.59% | -137.84% | -64.15% |
| Profit Margin | -339.34% | -174.88% | -89.04% | -51.29% | -71.53% | -265.29% |
| Free Cash Flow Margin | -117.27% | -126.33% | -15.67% | -21.38% | -231.89% | -60.18% |
| EBITDA | -42.29M | -46.45M | -3.01M | -38.73M | -32.10M | -17.71M |
| EBITDA Margin | -174.05% | -147.17% | -2.74% | -36.07% | -121.44% | -53.60% |
| D&A For EBITDA | 10.09M | 9.70M | 5.49M | 4.85M | 4.34M | 3.48M |
| EBIT | -52.38M | -56.15M | -8.50M | -43.58M | -36.43M | -21.19M |
| EBIT Margin | -215.59% | -177.91% | -7.73% | -40.59% | -137.84% | -64.15% |
Balance sheet
Fiscal year January - December; amounts in EUR.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.59M | 6.99M | 22.86M | 29.16M | 34.44M | 101.81M |
| Cash & Short-Term Investments | 4.59M | 6.99M | 22.86M | 29.16M | 34.44M | 101.81M |
| Accounts Receivable | 6.43M | 5.29M | 9.94M | 15.29M | 13.90M | 8.40M |
| Other Receivables | 2.58M | 17.17M | 2.60M | 978.00K | 2.96M | |
| Receivables | 6.43M | 7.87M | 27.11M | 17.89M | 14.88M | 11.36M |
| Inventory | 48.82M | 51.01M | 63.67M | 39.12M | 53.14M | 13.06M |
| Other Current Assets | 694.00K | 1.40M | 3.34M | 2.79M | 916.00K | |
| Total Current Assets | 59.84M | 66.56M | 115.04M | 89.51M | 105.25M | 127.15M |
| Property, Plant & Equipment | 10.35M | 10.60M | 9.47M | 9.68M | 8.76M | 4.95M |
| Long-Term Investments | 859.00K | 6.00K | 5.00K | 5.00K | 3.20M | 1.94M |
| Other Intangible Assets | 10.37M | 12.91M | 20.53M | 25.04M | 22.06M | 17.04M |
| Long-Term Accounts Receivable | 26.00K | 25.00K | 6.00K | 4.00K | ||
| Long-Term Deferred Tax Assets | 28.00K | 15.00K | 6.00K | |||
| Other Long-Term Assets | 137.00K | 138.00K | 174.00K | 172.00K | 179.00K | 144.00K |
| Total Assets | 81.61M | 90.25M | 145.23M | 124.41M | 139.44M | 151.22M |
| Accounts Payable | 21.76M | 20.65M | 34.96M | 22.02M | 15.70M | 9.62M |
| Short-Term Debt | 15.88M | 5.01M | 13.33M | 13.91M | 7.52M | |
| Current Portion of Leases | 1.33M | 1.32M | 1.14M | 853.00K | 842.00K | 528.00K |
| Current Income Taxes Payable | 73.00K | 75.00K | 13.00K | -102.00K | 189.00K | |
| Current Unearned Revenue | 16.10M | 11.96M | 6.81M | 7.45M | 23.58M | 6.21M |
| Other Current Liabilities | 8.76M | 46.62M | 5.58M | 16.21M | 2.06M | 6.56M |
| Total Current Liabilities | 63.91M | 85.64M | 61.85M | 60.35M | 42.37M | 30.44M |
| Long-Term Leases | 1.29M | 1.87M | 2.34M | 2.58M | 2.63M | 1.54M |
| Long-Term Unearned Revenue | 2.00K | 2.00K | 265.00K | 65.00K | 138.00K | 132.00K |
| Long-Term Deferred Tax Liabilities | 1.12M | 1.34M | 1.67M | 1.19M | 4.24M | 1.86M |
| Other Long-Term Liabilities | 7.52M | 12.22M | 121.92M | 26.31M | 9.31M | 20.36M |
| Total Liabilities | 73.84M | 101.07M | 188.04M | 90.49M | 58.70M | 54.33M |
| Common Stock | 7.00K | 5.00K | 5.00K | 4.00K | 4.00K | 4.00K |
| Retained Earnings | -486.69M | -344.35M | -289.16M | -191.20M | -136.12M | -117.21M |
| Comprehensive Income & Other | 494.45M | 333.52M | 246.34M | 225.11M | 216.86M | 214.10M |
| Shareholders' Equity | 7.77M | -10.82M | -42.81M | 33.92M | 80.75M | 96.89M |
| Total Liabilities & Equity | 81.61M | 90.25M | 145.23M | 124.41M | 139.44M | 151.22M |
| Total Debt | 18.50M | 8.20M | 16.81M | 17.34M | 3.48M | 9.59M |
| Net Cash (Debt) | -13.91M | -1.21M | 6.04M | 11.82M | 30.96M | 92.23M |
| Net Cash Per Share | -0.23 | -0.02 | 0.12 | 0.24 | 0.63 | 3.64 |
| Filing Date Shares Outstanding | 75.00M | 71.92M | 54.76M | 50.58M | 48.88M | 48.81M |
| Total Common Shares Outstanding | 75.00M | 60.44M | 52.36M | 50.58M | 48.88M | 48.81M |
| Working Capital | -4.07M | -19.08M | 53.20M | 29.16M | 62.88M | 96.71M |
| Book Value Per Share | 0.10 | -0.18 | -0.82 | 0.67 | 1.65 | 1.99 |
| Tangible Book Value | -2.61M | -23.73M | -63.34M | 8.88M | 58.69M | 79.85M |
| Tangible Book Value Per Share | -0.03 | -0.39 | -1.21 | 0.18 | 1.20 | 1.64 |
| Construction In Progress | 1.65M | 80.00K | 172.00K | 527.00K | 82.00K |
Cash flow statement
Fiscal year January - December; amounts in EUR.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -82.45M | -55.19M | -97.96M | -55.08M | -18.91M | -87.64M |
| Depreciation & Amortization | 10.85M | 10.46M | 6.55M | 4.85M | 4.34M | 3.48M |
| Other Amortization | 131.00K | 131.00K | 153.00K | 58.52M | ||
| Loss (Gain) From Sale of Assets | 63.00K | 63.00K | 2.00K | 5.00K | 21.00K | 55.00K |
| Stock-Based Compensation | 2.42M | 2.65M | 3.87M | 1.45M | 2.77M | |
| Other Operating Activities | 29.95M | -1.10M | 89.06M | 10.51M | -17.52M | 3.20M |
| Change in Accounts Receivable | 2.25M | 7.58M | 7.01M | -1.61M | -5.75M | -9.89M |
| Change in Inventory | 7.30M | 11.82M | -24.36M | 13.47M | -40.20M | 8.57M |
| Change in Accounts Payable | -1.43M | -14.37M | 12.93M | 6.12M | 3.69M | 785.00K |
| Change in Unearned Revenue | 8.26M | 4.91M | -462.00K | -16.18M | 15.47M | 1.07M |
| Change in Other Net Operating Assets | -2.79M | -3.94M | -13.08M | 15.81M | -1.72M | 3.54M |
| Operating Cash Flow | -25.45M | -36.98M | -16.29M | -20.66M | -57.80M | -18.30M |
| Capital Expenditures | -3.05M | -2.88M | -958.00K | -2.30M | -3.48M | -1.58M |
| Sale of Property, Plant & Equipment | -3.00K | 20.00K | 107.00K | |||
| Sale (Purchase) of Intangibles | -127.00K | -399.00K | -445.00K | -7.62M | -7.59M | -4.01M |
| Other Investing Activities | 196.00K | |||||
| Investing Cash Flow | -4.03M | -3.26M | -1.30M | -9.92M | -10.87M | -5.58M |
| Short-Term Debt Issued | 6.28M | 13.97M | 12.03M | |||
| Long-Term Debt Issued | 38.16M | 26.41M | ||||
| Total Debt Issued | 13.73M | 44.43M | 13.97M | 12.03M | 26.41M | |
| Short-Term Debt Repaid | -22.03M | -11.22M | -703.00K | -7.52M | -43.61M | |
| Long-Term Debt Repaid | -22.45M | -996.00K | -912.00K | -706.00K | -569.00K | |
| Lease Payments | -652.00K | -1.22M | -996.00K | -912.00K | -706.00K | -569.00K |
| Total Debt Repaid | -29.55M | -44.48M | -12.22M | -1.61M | -8.23M | -44.18M |
| Net Debt Issued (Repaid) | -15.82M | -48.00K | 1.75M | 10.42M | -8.23M | -17.77M |
| Issuance of Common Stock | 17.86M | 27.61M | 10.04M | 7.01M | 265.37M | |
| Repurchase of Common Stock | -4.25M | -104.09M | ||||
| Other Financing Activities | -2.17M | -3.52M | -1.18M | 8.06M | -427.00K | -17.56M |
| Financing Cash Flow | -4.38M | 24.05M | 10.60M | 25.49M | -8.65M | 125.95M |
| Foreign Exchange Rate Adjustments | 579.00K | 331.00K | 680.00K | -192.00K | 9.96M | -267.00K |
| Miscellaneous Cash Flow Adjustments | 1.00K | |||||
| Net Cash Flow | -33.28M | -15.87M | -6.30M | -5.28M | -67.37M | 101.80M |
| Free Cash Flow | -28.49M | -39.87M | -17.24M | -22.96M | -61.29M | -19.88M |
| Free Cash Flow Margin | -117.27% | -126.33% | -15.67% | -21.38% | -231.89% | -60.18% |
| Free Cash Flow Per Share | -0.46 | -0.71 | -0.34 | -0.47 | -1.25 | -0.78 |
| Levered Free Cash Flow | 22.71M | 12.78M | -36.18M | -18.12M | -53.33M | 41.37M |
| Unlevered Free Cash Flow | 36.74M | 39.42M | -25.98M | -16.23M | -53.07M | 42.97M |
| Free Cash Flow After Leases | -29.14M | -41.09M | -18.24M | -23.87M | -61.99M | -20.45M |
| Cash Interest Paid | 11.17M | 12.52M | 1.18M | 259.00K | 427.00K | 2.57M |
| Cash Income Tax Paid | 392.00K | 272.00K | -488.00K | 3.34M | ||
| Change in Working Capital | 13.59M | 6.00M | -17.96M | 17.61M | -28.51M | 4.07M |
Ratios
Fiscal year January - December; amounts in EUR.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 737.74M | 762.35M | 797.80M | 361.68M | 152.28M | 445.62M |
| Enterprise Value | 753.63M | 761.18M | 792.70M | 362.35M | 85.56M | 454.03M |
| Last Close Price | 9.83 | 12.68 | 15.51 | 7.15 | 3.12 | 9.13 |
| Forward PE | 22.20 | 119.31 | ||||
| PS Ratio | 26.58 | 20.57 | 7.00 | 3.05 | 5.39 | 11.86 |
| PB Ratio | 83.09 | -60.00 | -18.00 | 9.65 | 1.76 | 4.04 |
| P/TBV Ratio | 36.86 | 2.43 | 4.91 | |||
| EV/Sales Ratio | 27.15 | 20.54 | 6.96 | 3.05 | 3.03 | 12.09 |
| Debt / Equity Ratio | 2.38 | -0.76 | -0.39 | 0.51 | 0.04 | 0.10 |
| Net Debt / Equity Ratio | 1.79 | -0.11 | 0.14 | -0.35 | -0.38 | -0.95 |
| Net Debt / EBITDA Ratio | -0.33 | -0.03 | 2.01 | 0.30 | 0.96 | 5.21 |
| Net Debt / FCF Ratio | -0.49 | -0.03 | 0.35 | 0.52 | 0.51 | 4.64 |
| Asset Turnover | 0.23 | 0.27 | 0.82 | 0.81 | 0.18 | 0.34 |
| Inventory Turnover | 0.78 | 0.83 | 1.76 | 2.39 | 0.93 | 2.04 |
| Quick Ratio | 0.17 | 0.17 | 0.81 | 0.78 | 1.16 | 3.72 |
| Current Ratio | 0.94 | 0.78 | 1.86 | 1.48 | 2.48 | 4.18 |
| Return on Equity (ROE) | -96.07% | -21.29% | -198.50% | |||
| Return on Assets (ROA) | -30.50% | -29.80% | -3.94% | -20.65% | -15.67% | -13.48% |
| Return on Capital Employed (ROCE) | -296.00% | -1,217.70% | -10.20% | -68.00% | -37.50% | -17.50% |
| Earnings Yield | -15.63% | -8.50% | -12.71% | -16.83% | -13.27% | -22.37% |
| FCF Yield | -4.33% | -6.14% | -2.24% | -7.02% | -43.01% | -5.07% |
| Buyback Yield / Dilution | -15.37% | -10.09% | -4.71% | 0.18% | -93.36% | -79,100.00% |