Skip to content
NASDAQ · MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES · SMALL CAP

Ads-Tec Energy Public Ltd. Co. ADSE

6 fiscal years on record · EUR · FY2024 reported · SEC filings only
€110.0M
▲ 2.4% YoY
€-98.0M
€-17.2M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

ADSE develops and provides battery-based energy infrastructure solutions for the electrification of mobility and the integration of renewable energy sources. It offers a portfolio of battery-buffered charging solutions, commercial and industrial battery energy storage systems, and lifecycle and digital services, together with infrastructure-related activities such as operating energy assets and developing large-scale battery storage projects. ADSE operates a business-to-business model, serving commercial and institutional customers such as utilities, oil and gas companies, charge point operators, fleet operators, industrial customers, and retail operators, and does not sell directly to private end customers. Revenue has been concentrated among a small number of customers, with four major customers accounting for approximately 77% of total revenue in 2024 and approximately 49% in 2025. As of December 31, 2025, ADSE had 302 employees, most of them based in Germany, where the company's headquarters, engineering functions and production facilities are located. ADS-TEC Energy plc, incorporated as ADSE Holdco, was incorporated in Ireland on July 26, 2021 as a public limited company. ADSE Holdco serves as a holding company for ADSE GM and its subsidiaries.

Written from the business description in ADS-Tec Energy Public Limited Company's annual report to the U.S. Securities and Exchange Commission, filed 15 May 2026. Every sentence was checked against that document before publication.

Growth

EUR 110.0M
Revenue, FY2024 · full 6-year series below
Revenue €M Net income €M
FY2024 · Revenue 110.0 · Net income -98.0
50M100M-40M-80M
201920222024
Compound annual growth
+49.3%
+42.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +42.0% a year over the five years to FY2024.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−89 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -7.8% · Net -89.0%
-100%-200%
201920212024
ROE
FY2023 · ROE -96.1%
-200%-400%-600%
201920212024
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on equity has no reading this year — return on capital employed, just below, still does: -12%.

Cash & shareholders

·
returned in FY2024 · dividends + net buybacks
Free cash flow €M
FY2024 · FCF -17.2
-25.0M-50.0M
201920212024

Total assetsEUR 145.2M
EquityEUR -42.8M
CashEUR 22.9M
Gross debtEUR 12.0M
Net debtEUR -10.9M
Current ratio1.86×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 6-year record

6 fiscal years
Every figure from documents filed with the SEC · EUR

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
ADSE, 6-year financial record
Metric 202420232022202120202019
Revenue €B0.10.10.00.00.00.0
Operating income €B−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA €B−0.0−0.0−0.0−0.0−0.0−0.0
Income tax €B0.0−0.00.00.0−0.00.0
Net income €B−0.1−0.1−0.0−0.1−0.0−0.0
Free cash flow €B−0.0−0.0−0.1−0.0−0.0−0.0
EPS, diluted €−1.91−1.13−0.39−3.46−320.86−0.38
Dividend / sh €◌◌◌◌◌◌
Payout % — not applicable: no dividend——————
ROE %—−96.1−21.3——−712.6
Shares out B0.050.000.000.000.00◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

This company against its peers

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 27 reconciliationsAUDITED

Reconciled in 6 of the 6 fiscal years we could check. 26 checks were skipped: the balance sheet is not tagged before 2020. 12 checks were skipped: EPS is not tagged before 2019. 12 checks were skipped: revenue is not tagged before 2019.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityMiscellaneous Electrical Machinery, Equipment & Supplies
Listed onNASDAQ
Incorporated inoutside the United States — SEC code L2
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2019

Share this section

Download image