Advent Tech Holdings - CW26 | 10-Q: FY2025 Q1 Revenue: USD 132 K

LB filings
2025.07.03 10:45
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Revenue: As of FY2025 Q1, the actual value is USD 132 K.

EPS: As of FY2025 Q1, the actual value is USD -1.24.

EBIT: As of FY2025 Q1, the actual value is USD -3.273 M.

Segment Revenue

  • Total revenue for the three months ended March 31, 2025, was $132,000, a decrease from $2,738,000 in the same period in 2024.

Operational Metrics

  • Gross loss for the three months ended March 31, 2025, was $180,000, compared to a gross profit of $2,261,000 in the same period in 2024.
  • Operating loss for the three months ended March 31, 2025, was $2,938,000, compared to $4,365,000 in the same period in 2024.
  • Net loss from continuing operations for the three months ended March 31, 2025, was $3,274,000, compared to $9,416,000 in the same period in 2024.

Cash Flow

  • Net cash provided by operating activities for the three months ended March 31, 2025, was $282,000, compared to net cash used in operating activities of $2,600,000 in the same period in 2024.
  • Net cash used in investing activities for the three months ended March 31, 2025, was $29,000, consistent with the same period in 2024.
  • Net cash used in financing activities for the three months ended March 31, 2025, was $214,000, compared to net cash provided by financing activities of $126,000 in the same period in 2024.

Unique Metrics

  • Income from grants for the three months ended March 31, 2025, was $42,000, compared to $838,000 in the same period in 2024.

Future Outlook and Strategy

  • Core Business Focus: Advent Technologies Holdings, Inc. plans to focus on scaling up its production facilities and testing capabilities to meet the anticipated increased demand for its fuel cell systems and MEAs. The company is also working on the development of its next-generation MEA technology, which is expected to deliver significant improvements in power output.
  • Non-Core Business: The company is involved in a joint benchmarking project with Airbus to develop an optimized Ion Pair™ Membrane Electrode Assembly for hydrogen fuel cells, which is expected to take place over two years.
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