About Advent Technologies Holdings, Inc.
https://www.advent.energyAdvent Technologies Holdings, Inc., an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America, Europe, and Asia. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems.

CEO
Gary L. Herman
Compensation Summary
(Year 2024)
Ratings Snapshot
Rating : D+
Price Target
Institutional Ownership

LMR PARTNERS LLP
Shares:3.16M
Value:$2.84K

CASTLE CREEK ARBITRAGE, LLC
Shares:282.5K
Value:$254.25

COWEN AND COMPANY, LLC
Shares:93.02K
Value:$83.72
Summary
Showing Top 3 of 9
About Advent Technologies Holdings, Inc.
https://www.advent.energyAdvent Technologies Holdings, Inc., an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America, Europe, and Asia. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $62K ▼ | $-9M ▼ | $8.63M ▲ | 13.91K% ▲ | $3.06 ▲ | $8.8M ▲ |
| Q2-2025 | $99K ▼ | $2.63M ▼ | $-3.8M ▼ | -3.84K% ▼ | $-1.42 ▼ | $-2.71M ▲ |
| Q1-2025 | $132K ▲ | $2.76M ▼ | $-3.27M ▼ | -2.48K% ▼ | $-1.24 ▼ | $-2.74M ▲ |
| Q4-2024 | $-244K ▼ | $7.91M ▲ | $-1.84M ▲ | 755.33% ▲ | $-0.29 ▲ | $-8.32M ▼ |
| Q3-2024 | $128K | $7.72M | $-18.52M | -14.47K% | $-3.65 | $-7.88M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $468K ▲ | $6.68M ▼ | $24.46M ▼ | $-17.78M ▲ |
| Q2-2025 | $75K ▼ | $6.69M ▼ | $36.11M ▲ | $-29.42M ▼ |
| Q1-2025 | $329K ▼ | $7.17M ▼ | $31.86M ▲ | $-24.68M ▼ |
| Q4-2024 | $381K ▲ | $8.01M ▲ | $29.3M ▲ | $-21.3M ▼ |
| Q3-2024 | $192K | $7.33M | $25.4M | $-18.07M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $8.63M ▲ | $264K ▲ | $23K ▼ | $-893K ▼ | $393K ▲ | $287K ▲ |
| Q2-2025 | $-3.8M ▼ | $-1.44M ▼ | $24K ▲ | $1.11M ▲ | $-254K ▼ | $-1.44M ▼ |
| Q1-2025 | $-3.27M ▼ | $282K ▲ | $-29K ▼ | $-214K ▼ | $-52K ▼ | $277K ▲ |
| Q4-2024 | $-770K ▲ | $-1.38M ▼ | $901K ▲ | $568K ▲ | $189K ▲ | $-1.39M ▼ |
| Q3-2024 | $-9.62M | $-419K | $-29K | $-540K | $-490K | $-419K |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Sales of goods | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Service | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Revenue by Geography
| Region | Q4-2024 | Q1-2025 | Q3-2025 | Q2-2025 |
|---|---|---|---|---|
Europe | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
North America | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |

CEO
Gary L. Herman
Compensation Summary
(Year 2024)
Ratings Snapshot
Rating : D+
Price Target
Institutional Ownership

LMR PARTNERS LLP
Shares:3.16M
Value:$2.84K

CASTLE CREEK ARBITRAGE, LLC
Shares:282.5K
Value:$254.25

COWEN AND COMPANY, LLC
Shares:93.02K
Value:$83.72
Summary
Showing Top 3 of 9

