Advent Tech Holdings - CW26 | 10-Q: FY2025 Q2 Revenue: USD 231 K

LB filings
2025.08.12 18:10
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Revenue: As of FY2025 Q2, the actual value is USD 231 K.

EPS: As of FY2025 Q2, the actual value is USD -2.66.

EBIT: As of FY2025 Q2, the actual value is USD -7.07 M.

Segment Revenue

  • Total revenue for the three months ended June 30, 2025, was $99,000, a decrease from $654,000 in the same period in 2024.
  • For the six months ended June 30, 2025, total revenue was $231,000, down from $3,392,000 in the same period in 2024.

Operational Metrics

  • Gross loss for the three months ended June 30, 2025, was -$293,000, compared to a gross profit of $571,000 in the same period in 2024.
  • Operating loss for the three months ended June 30, 2025, was -$2,925,000, compared to an operating profit of $2,673,000 in the same period in 2024.
  • Net loss for the three months ended June 30, 2025, was -$3,797,000, compared to -$11,273,000 in the same period in 2024.

Cash Flow

  • Net cash used in operating activities for the six months ended June 30, 2025, was -$1,159,000, compared to -$4,001,000 in the same period in 2024.
  • Net cash provided by financing activities for the six months ended June 30, 2025, was $893,000, compared to $282,000 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.
  • Priority: The company is prioritizing the development and commercialization of its Advanced MEA product, which is anticipated to play a critical role in the adoption of hydrogen fuel cells.