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ADSE

ADS-TEC Energy PLC

ADSE

ADS-TEC Energy PLC • NASDAQ
$12.54 ▲ 3.21% (+0.39)
Market Cap $700.41 M
52w High $16.35
52w Low $7.89
Dividend Yield 0%
P/E -8.36
Volume 40.67K
Outstanding Shares 55.85M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $14.614M ▼ $23.352M ▲ $-14.766M ▲ -101.04% ▲ $-0.27 ▲ $-26.59M ▼
Q4-2024 $30.75M ▼ $7.404M ▼ $-52.799M ▼ -171.704% ▼ $-1.02 ▼ $-1.611M ▼
Q2-2024 $79.263M ▲ $20.633M ▼ $-45.159M ▼ -56.974% ▼ $-0.89 ▼ $-1.399M ▲
Q4-2023 $69.108M ▲ $22.178M ▲ $-26.288M ▲ -38.039% ▲ $-0.54 ▲ $-21.715M ▼
Q2-2023 $37.92M $18.366M $-28.525M -75.225% $-0.58 $-18.799M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $37.869M ▲ $133.103M ▼ $148.015M ▼ $-14.912M ▲
Q4-2024 $22.858M ▼ $145.23M ▲ $188.039M ▲ $-42.809M ▼
Q2-2024 $23.691M ▼ $129.189M ▲ $131.061M ▲ $-1.872M ▼
Q4-2023 $29.162M ▲ $124.408M ▼ $90.489M ▲ $33.947M ▼
Q2-2023 $13.964M $136.002M $83.521M $52.481M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-14.766M ▲ $-30.196M ▼ $-1.014M ▼ $46.384M ▲ $37.869M ▲ $-30.955M ▼
Q4-2024 $-52.799M ▼ $-12.048M ▼ $-575K ▲ $11.481M ▲ $-23.691M ▼ $-12.543M ▼
Q2-2024 $-45.159M ▼ $-4.237M ▲ $-721K ▲ $-883K ▼ $23.691M ▲ $-4.7M ▲
Q4-2023 $-26.976M $-10.329M $-4.96M $12.746M $-5.279M $-15.29M
Q2-2023 $-26.976M $-10.329M $-4.96M $12.746M $-5.279M $-15.29M

Five-Year Company Overview

Income Statement

Income Statement ADS-TEC Energy still looks very much like an early-stage, scaling business. Revenue is tiny and has only inched up, which suggests commercialization is progressing but not yet at meaningful scale. Gross profit has only just turned slightly positive, while operating and net losses remain sizable relative to sales, and cash-earnings measures have actually worsened recently. In simple terms, costs to develop, produce, and sell the technology are still far above what the company brings in, and profitability does not appear close. This is typical for a young, technology-driven industrial company, but it leaves little room for execution missteps or delays in growth.

Balance Sheet

Balance Sheet The balance sheet is small and relatively simple, but it shows rising financial strain. Total assets are modest and have not grown much, while the cash cushion is much thinner than it was shortly after the SPAC listing. Debt remains low, which is a positive, but accumulated losses have now pushed shareholder equity into negative territory. Negative equity is a warning sign that the company has burned through more capital than it has retained, and it usually implies a need for fresh funding, cost cuts, or both. Overall, financial flexibility appears quite limited unless new capital is raised or profitability improves meaningfully.

Cash Flow

Cash Flow Cash flow from operations has been consistently negative, indicating the core business consumes cash rather than generating it. Free cash flow is also clearly negative, even though spending on physical assets is not particularly heavy, which underscores that operating losses are the main driver of cash burn. There is no indication yet of a turn toward self-funding growth; the company still depends on external financing to support its activities. Sustained negative cash flow, combined with a shrinking cash balance, raises questions about how soon management will need to secure additional capital and on what terms.

Competitive Edge

Competitive Edge Strategically, ADS-TEC Energy is positioned in an attractive niche: ultra-fast, battery-buffered EV charging that works even where the grid is weak or constrained. This solves a real pain point for charging operators and site owners, and the company has a long track record in lithium-based systems, which supports its technical credibility. Its value proposition—fast charging without major grid upgrades, compact footprints, and potential energy cost savings—can be compelling, especially in dense cities and remote sites. Partnerships with established energy and mobility players, plus the association with Bosch, help validate the offering and ease market entry. The main competitive risks are a crowded EV charging and storage landscape, rapid technological change, and the challenge of proving that its solutions are cost-effective at scale versus more traditional infrastructure upgrades or rival fast-charging technologies.

Innovation and R&D

Innovation and R&D Innovation is clearly the core of the ADS-TEC story. The company has developed fully integrated battery-buffered chargers (ChargeBox and ChargePost) with thoughtful design features like modular layouts, integrated advertising displays, and bidirectional capabilities that could support grid services. Its in-house engineering focus and control of key components (battery systems, power electronics, software) create a meaningful technical barrier for new entrants, at least in the short to medium term. Looking ahead, the planned move into very large-scale battery storage projects, more software and service-based revenues, and expansion in North America all show an intent to build multiple growth pillars, not just sell hardware. The flip side is that such ambitions require sustained R&D spending and execution discipline, which is demanding for a company with limited financial resources.

Summary

ADS-TEC Energy combines a promising technology position in a fast-growing market with a still-fragile financial profile. On the positive side, it offers differentiated, grid-friendly ultra-fast charging solutions, has built credible industrial and mobility partnerships, and is pushing into higher-value areas like large battery storage, software services, and grid-support functions. On the risk side, revenue remains very small, losses are substantial, cash burn is persistent, and equity has turned negative, all of which signal funding and execution risk. The company’s future will likely hinge on its ability to convert technical strengths and pilot projects into scaled, profitable deployments before its financial runway becomes too tight. For observers, this is best viewed as an innovative but still early-stage industrial-tech story with both meaningful upside potential and significant uncertainty.

NEWS

November 27, 2025 · 8:30 AM UTC

In an Industry First, Salzburg AG Uses ADS-TEC Energy's ChargePost to Support Both Ultra-Fast EV Charging and Grid Stability

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September 26, 2025 · 8:30 AM UTC

ADS-TEC Energy Announces One of the World's Largest Battery Energy Storage Projects

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September 19, 2025 · 8:30 AM UTC

ADS-TEC Energy Reports Financial Results for HY1 2025

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