ADSENasdaqMiscellaneous Electrical Machinery, Equipment & SuppliesFiscal year ends December 31Also trades as ADSEW
Ads-Tec Energy Public Ltd Co
Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 20-F on May 15, 2026
$10.10+0.17 (+1.71%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2018 to 2024
Gross margin
17.7%+34.1 pts over 5 years
Operating margin
-7.8%+42.9 pts over 5 years
Net margin
-89.0%−25.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2024
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.4% | +49.3% | +42.0% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2019 | FY2024 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 2203.8% | |
| Return on assets | – | – | -72.7% | |
| Current ratio | – | – | 1.86 | |
| Interest coverage | – | -84.9× | -0.1× | |
| Capex to revenue | – | 6.9% | 0.9% | |
| Diluted shares | – | 0M | 51M |
Where the cash went
Fiscal 2020 to 2024, five years combined
Ads-Tec Energy Public generated €125.64M from operations and spent €9.37M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
€125.64M
Used
€9.37M
Capital expenditure€9.37M100%Dividends€00%Share buybacks€00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-89.0%
×Asset turnover0.82×
×Equity multiplier-30.33×
=Return on equity, FY20242203.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | -89.0% | 0.82× | -30.33× | 2203.8% |
| FY2023 | -51.3% | 0.81× | 2.30× | -96.1% |
| FY2022 | -71.5% | 0.18× | 1.64× | -21.3% |
| FY2021 | -265.3% | 0.34× | 2.23× | -198.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2024 against fiscal 2023
4of 8 tests passed in fiscal 2024. Some tests lack the figures they need.
- ProfitableNet income above zero-€97.96M
- Cash generatingOperating cash flow above zero-€16.29M
- Return on assets improvedROA up on the prior year-39.5% → -78.7%
- Earnings backed by cashOperating cash flow above net income-€16.29M vs -€97.96M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.48 → 1.86
- No dilutionShare count did not rise49M → 51M
- Gross margin improvedGross margin up on the prior year-2.69% → 17.66%
- More efficientAsset turnover rose0.77 → 0.88