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NASDAQ NMS - GLOBAL MARKET · Electrical Equipment · CIK 0001879248
$9.55
+0.53% · live
Updated
$500.1M market value
From Ads-Tec Energy Public Ltd Co's FY2024 20-F, filed May 12, 2025 · read the filing
It took in $123.3M last year, which makes it a smaller company. It spends more than it earns — losing about 89 cents on every dollar of sales.
The financial picture is mixed, with growth needing attention and profitability and debt weaker.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
A published bankruptcy-risk model places it in its distress range. This is a statistical reading, not a forecast.
Altman Z-Score 0.58
These are things the company filed or that a published model flagged — not predictions, and not a reason on their own to buy or sell anything.
Financial health
Several areas of financial weakness.
From Ads-Tec Energy Public Ltd Co's FY2024 annual filing · share price scored separately
Largest year-over-year changes in FY2024
Gross profit
-$3.2M → $21.8M
Operating income
-$49.9M → -$9.6M
Profit
-$61.7M → -$109.8M
Gross margin
-2.7% → 17.7%
Measured against FY2023, from the 20-F filed May 12, 2025
Improved: turned positive
-$3.2M to $21.8MCritical
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: $40.2M narrower
-$49.9M to -$9.6MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
$48.0M wider
How the latest move compares (quote live), and what was published around it
ADSE rose 0.53% on the latest quote. The S&P 500 moved −1.04%. That is 1.6 points above the market.
No filing from ADSE and no news item about it appeared in the last 3 days.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
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Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
Opinions from 6 analysts covering this company, as of . Their views, not this site's.
Of 6 analysts publishing on this company, 3 say hold, 1 say sell and 2 say strong sell. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
The essentials
Each answered from the filings, with the numbers behind it.
No. It lost $109.8M last year, losing about 89 cents on every dollar of sales.
Barely. Sales were roughly flat, up 2.4%.
No — it holds more cash than debt, with $10.7M left over after paying off every borrowing. For every $1 it owes, it owns $0.77 in assets. Its operating profit does not cover its interest bill — -0.79x against the interest it owes. A bankruptcy-risk model also places it in its distress range.
Core operating and valuation reference metrics
Income
This company pays no dividend. It keeps its profits and reinvests them in the business instead, so any return would have to come from the share price.
Figures from the FY2024 annual filing
Last year it lost $109.8M and generated -$18.2M of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202420-F · May 12, 2025Filing for FY2024 | FY202320-F · May 12, 2025Filing for FY2023 | FY202220-F · May 12, 2025Filing for FY2022 | FY202120-F · May 11, 2023Filing for FY2021 | FY202020-F · Apr 28, 2022Filing for FY2020 | ChangeFY2024 vs FY2023 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $123.3M | $120.3M | $29.6M | $37.0M | $53.1M | +2.4% |
| Cost of revenue | $101.5M | $123.6M | $34.6M | $39.6M | $51.0M | −17.9% |
| Gross profit | $21.8M† | -$3.2M† | -$5.0M† | -$2.5M† | $2.0M† | n/m |
| Gross marginGross profit ÷ revenueWhat is this? | 17.7% | -2.7% | -16.9% | -6.9% | 3.8% | +20.3 pts |
| Selling, general and administrative | $35.4M | $31.2M | $35.1M | $14.9M | $8.5M | +13.5% |
| Operating income | -$9.6M | -$49.9M | -$40.8M | -$20.9M | -$9.2M | +80.7% |
| Operating marginOperating income ÷ revenueWhat is this? | -7.8% | -41.5% | -137.8% | -56.4% | -17.3% | +33.6 pts |
| Interest expense | $12.2M | $3.1M | $0.00 | $378.7K | $292.5K | +292.2% |
| Income before tax | -$109.2M | -$65.2M | -$18.3M | -$97.7M | -$11.6M | −67.4% |
| Net income | -$109.8M | -$61.7M | -$21.2M | -$98.2M | -$11.5M | −77.8% |
| Net marginNet income ÷ revenueWhat is this? | -89.0% | -51.3% | -71.5% | -265.3% | -21.7% | −37.7 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $-2.10 | $-1.22 | $-0.4334 | $-2.01 | — | −71.8% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| ADSEAds-Tec Energy Public Ltd Co · this page | 3.3/10 | 3/8 | 2.4% | -89.0% |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Notice filed ahead of a planned sale — the sale itself has not necessarily happened yet.
Filed notice to sell 4,125 shares ($44.6K) on or after .
Shares originally obtained via Restricted Stock Vesting.
Filed notice to sell 4,125 shares ($44.6K) on or after .
Shares originally obtained via Restricted Stock Vesting.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Report filed on Form 6-K
Read the filingReport filed on Form 6-K
Read the filingWrite down why you are following Ads-Tec Energy Public Ltd Co, what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
Coverage from the last 30 days
Earnings Scheduled For October 1, 2026
Benzinga ·
ADS-TEC Energy Reports First Half 2026 Results; Advances Gigawatt-Scale SKM Storage Project and Strengthens its Position to Scale Own & Operate Model
Yahoo ·
ADS-TEC Energy H1 EPS $(0.76) Down From $(0.31) YoY, Sales $8.547M Down From $17.013M YoY
Benzinga ·
Primary sources and further research
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from ADSE's 20-F for fiscal year 2024 (period ending 2024-12-31, filed May 12, 2025), reported under the IFRS taxonomy. Reported in EUR and shown here in USD, the currency ADSE trades in, converted at today's rate of 1.12. The filing itself is in EUR. View the source filing.
3 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. Accounting had too few reported figures and is left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 8 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2024 | 3.3 | 3/8 | 20-F, filed May 12, 2025 |
| FY2023 | 4.7 | 3/8 | 20-F, filed Apr 30, 2024 |
| FY2022 | 4.7 | 2/8 | 20-F, filed May 11, 2023 |
| FY2021 | 2.0 | 2/7 | 20-F, filed Apr 28, 2022 |
| FY2020 | 4.7 | 1/4 | 20-F, filed Apr 28, 2022 |
| FY2019 | 2.0 | 0/2 | 20-F, filed Apr 28, 2022 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
3 of 8 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's. One could not be evaluated and is excluded from the total rather than counted as a failure.
0.58
In the distress zone
For this model, above 2.99 is safe and below 1.81 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2024 filing as filed with the SEC.
-$61.7M to -$109.8MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +20.3 pts
-2.7% to 17.7%Critical
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +33.6 pts
-41.5% to -7.8%Critical
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Deteriorated: −37.8 pts
-51.3% to -89.0%Critical
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: $0.88 wider
-$1.22 to -$2.10Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Changed: -58.3%
$2.6M to $1.1MCritical
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Improved: $6.4M narrower
-$25.7M to -$19.3MSignificant
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Deteriorated: -21.6%
$32.7M to $25.6MSignificant
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Deteriorated: +3.5%
50.6M to 52.4MNotable
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
1 other measure barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 0.1% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
Trailing P/E is not meaningful because the latest trailing earnings are zero or negative. The price-to-book and price-to-sales figures below still provide reference points.
This company has not reported enough of the required figures to calculate this score.
* Valuation inputs marked stale are based on an annual filing older than eighteen months. The market value is current, but the denominator is not.
| — |
| -4.39x |
| ETNEaton Corp plc | 9.0/10 | 6/9 | 10.3% | 14.9% | 35.02x | 1.12x |
|---|
| Median of peers | 9.0/10 | — | 10.3% | 14.9% | 35.02x | 1.12x |
|---|
Peers come from the company's industry classification. A difference describes the companies; it does not rank them.
Filed notice to sell 6,187 shares ($66.9K) on or after .
Shares originally obtained via Restricted Stock Vesting.
Filed notice to sell 4,425 shares ($53.1K) on or after .
Shares originally obtained via Restricted Stock Vesting.
Filed notice to sell 4,425 shares ($53.1K) on or after .
Shares originally obtained via Restricted Stock Vesting.
Filed notice to sell 4,425 shares ($53.1K) on or after .
Shares originally obtained via Restricted Stock Vesting.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Report filed on Form 6-K
Report filed on Form 6-K
Read the filingAnnual report on Form 20-F
Read the filingReport filed on Form 6-K
Read the filingReport filed on Form 6-K
Read the filingReport filed on Form 6-K
Read the filingReport filed on Form 6-K
Read the filingReport filed on Form 6-K
Read the filingReport filed on Form 6-K
Read the filingReport filed on Form 6-K
Read the filingReport filed on Form 6-K
Read the filingReport filed on Form 6-K
Read the filingReport filed on Form 6-K
Read the filingReport filed on Form 6-K
Read the filingReport filed on Form 6-K
Read the filingAnnual report for FY2024
Operating margin +33.6 pts · Gross profit turned positive · Operating income $40.2M narrower — against FY2023
Read the filingReport filed on Form 6-K
Read the filingReport filed on Form 6-K
Read the filing