Ads-Tec Energy Public Ltd Co
ADSE Nasdaq Miscellaneous Electrical Machinery, Equipment & Supplies Financials FY2019โFY2025
Last close ยท Oct 23, 2026
$9.70
1.6%
Revenue
Total sales reported in the income statement.
$35.6M
70.1%
vs prior year
Operating margin
Operating income as a share of revenue.
โ179.6%
171.8ย pts
Net income
Profit after all expenses, interest and tax.
โ$62.2M
Free cash flow
Cash from operations minus capital spending.
โ$45.0M
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
โ48.8%
Market cap
Last close times the latest diluted share count, so it is approximate.
$547M
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
โ
On โ$1.11 EPS (TTM)
What Ads-Tec Energy Public Ltd Co does
No business description yet.
- Legal name
- Ads-Tec Energy Public Ltd Co
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F ยท May 15, 2026
- Accession ยท CIK
- 0001213900-26-057891
0001879248
Revenue and margins
Ads-Tec Energy Public Ltd Co had $35.6M of revenue in fiscal 2025, down 70.1% on the year before.
FY19
Revenue $21.4M
FY20
Revenue $54.0M
FY21
Revenue $39.1M
FY22
Revenue $27.8M
FY23
Revenue $116M
FY24
Revenue $119M
FY25
Revenue $35.6M
FY19
Gross โ16.4%
Operating โ50.7%
Net โ63.1%
FCF โ111.1%
FY20
Gross 3.8%
Operating โ17.3%
Net โ21.7%
FCF โ28.8%
FY21
Gross โ6.9%
Operating โ56.4%
Net โ265.3%
FCF โ60.2%
FY22
Gross โ16.9%
Operating โ137.8%
Net โ71.5%
FCF โ231.9%
FY23
Gross โ2.7%
Operating โ41.5%
Net โ51.3%
FCF โ21.4%
FY24
Gross 17.7%
Operating โ7.8%
Net โ89.0%
FCF โ15.7%
FY25
Gross โ51.6%
Operating โ179.6%
Net โ174.9%
FCF โ126.3%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY19
Net income โ$13.5M
FY20
Net income โ$11.7M
FY21
Net income โ$104M
FY22
Net income โ$19.9M
FY23
Net income โ$59.6M
FY24
Net income โ$106M
FY25
Net income โ$62.2M
FY19
Diluted EPS โ$0.43
FY20
Diluted EPS โ$365.71
FY21
Diluted EPS โ$4.09
FY22
Diluted EPS โ$0.41
FY23
Diluted EPS โ$1.22
FY24
Diluted EPS โ$2.07
FY25
Diluted EPS โ$1.11
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY19
Return on capital โ
Return on equity โ710.0%
Return on assets โ
FY20
Return on capital โ
Return on equity โ
Return on assets โ21.1%
FY21
Return on capital โ591.3%
Return on equity โ209.0%
Return on assets โ91.4%
FY22
Return on capital โ61.2%
Return on equity โ20.3%
Return on assets โ12.4%
FY23
Return on capital โ352.6%
Return on equity โ96.4%
Return on assets โ41.6%
FY24
Return on capital โ
Return on equity โ
Return on assets โ73.5%
FY25
Return on capital โ48.8%
Return on equity โ
Return on assets โ48.4%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was โ$45.0M in fiscal 2025, โ126.3% of revenue. Cash from operations minus capital spending.
FY19
Free cash flow โ$23.7M
FY20
Free cash flow โ$15.6M
FY21
Free cash flow โ$23.5M
FY22
Free cash flow โ$64.4M
FY23
Free cash flow โ$24.8M
FY24
Free cash flow โ$18.7M
FY25
Free cash flow โ$45.0M
FY19
Cash from operations โ$22.3M
Capital spending $1.5M
FY20
Cash from operations โ$14.3M
Capital spending $1.2M
FY21
Cash from operations โ$21.6M
Capital spending $1.9M
FY22
Cash from operations โ$60.8M
Capital spending $3.7M
FY23
Cash from operations โ$22.3M
Capital spending $2.5M
FY24
Cash from operations โ$17.6M
Capital spending $1.0M
FY25
Cash from operations โ$41.7M
Capital spending $3.3M
Cash from operations
Capital spending
Dividends, buybacks and share count
Ads-Tec Energy Public Ltd Co returned โ to shareholders in fiscal 2025. The diluted share count rose 10.1%.
FY19
Dividends โ
Buybacks โ
FY20
Dividends โ
Buybacks โ
FY21
Dividends โ
Buybacks โ
FY22
Dividends โ
Buybacks โ
FY23
Dividends โ
Buybacks โ
FY24
Dividends โ
Buybacks โ
FY25
Dividends โ
Buybacks โ
Dividends
Buybacks
FY19
Diluted shares 0.00B
FY20
Diluted shares 0.00B
FY21
Diluted shares 0.00B
FY22
Diluted shares 0.05B
FY23
Diluted shares 0.05B
FY24
Diluted shares 0.05B
FY25
Diluted shares 0.06B
Balance sheet
Cash, debt and the ratios that show how comfortably Ads-Tec Energy Public Ltd Co can carry it.
FY19
Cash $10.5M
Debt โ
FY20
Cash $0.0M
Debt $0.4M
FY21
Cash $115M
Debt $8.5M
FY22
Cash $36.7M
Debt $0.0M
FY23
Cash $32.2M
Debt $5.5M
FY24
Cash $23.7M
Debt $12.4M
FY25
Cash $8.2M
Debt $124M
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $115M | $36.7M | $32.2M | $23.7M | $8.2M |
| Debt incl. finance leases | $8.5M | $0.0M | $5.5M | $12.4M | $124M |
| Debt / equity | 0.1x | 0.0x | 0.1x | โ | โ |
| Interest coverage | โ55.2x | โ | โ16.0x | โ0.8x | โ2.7x |
| Current ratio | 4.2x | 2.5x | 1.5x | 1.9x | 0.8x |
| Quick ratio | 4.2x | 2.5x | 0.6x | 0.6x | โ0.1x |
| Total assets | $171M | $149M | $137M | $151M | $106M |
| Total liabilities | $61.5M | $62.6M | $100.0M | $195M | $119M |
| Shareholders' equity | $110M | $86.1M | $37.5M | โ$44.5M | โ$12.7M |
| Net debt (โ = net cash) | โ$107M | โ$36.7M | โ$26.7M | โ$11.3M | $116M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | โ / 5 | 3 / 9 | 2 / 9 | 3 / 9 | 3 / 9 | 2 / 9 |
| Accruals ratio | โ | 4.7% | โ72.3% | 25.6% | โ26.0% | โ61.3% | โ16.0% |
| Altman Z'' | โ | โ | โ | โ0.07 | โ3.99 | โ2.54 | โ16.00 |
7 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | $21.4M | $54.0M | $39.1M | $27.8M | $116M | $119M | $35.6M |
| Provision for credit losses | $0.1M | $0.0M | $0.2M | $0.2M | โ$0.1M | $0.1M | $0.1M |
| Gross profit | โ$3.5M | $2.1M | โ$2.7M | โ$4.7M | โ$3.1M | $21.0M | โ$18.4M |
| Research and development | $0.5M | $0.9M | $2.4M | $1.8M | $3.1M | $9.7M | $9.6M |
| Operating income | โ$10.8M | โ$9.3M | โ$22.0M | โ$38.3M | โ$48.1M | โ$9.3M | โ$63.9M |
| Interest expense | $0.1M | $0.3M | $0.4M | $0.0M | $3.0M | $11.8M | $23.4M |
| Pretax income | โ$11.8M | โ$11.8M | โ$103M | โ$17.2M | โ$63.0M | โ$105M | โ$62.5M |
| Income tax | $1.7M | โ$0.1M | $0.5M | $2.7M | โ$3.4M | $0.5M | โ$0.3M |
| Net income | โ$13.5M | โ$11.7M | โ$104M | โ$19.9M | โ$59.6M | โ$106M | โ$62.2M |
| Net income to common | โ$13.5M | โ$11.7M | โ$104M | โ$19.9M | โ$59.6M | โ$106M | โ$62.2M |
| Diluted EPS | โ$0.43 | โ$365.71 | โ$4.09 | โ$0.41 | โ$1.22 | โ$2.07 | โ$1.11 |
| Diluted shares | 0.00B | 0.00B | 0.00B | 0.05B | 0.05B | 0.05B | 0.06B |
| Cash flow | |||||||
| Cash from operations | โ$22.3M | โ$14.3M | โ$21.6M | โ$60.8M | โ$22.3M | โ$17.6M | โ$41.7M |
| Capital expenditure | $1.5M | $1.2M | $1.9M | $3.7M | $2.5M | $1.0M | $3.3M |
| Free cash flow | โ$23.7M | โ$15.6M | โ$23.5M | โ$64.4M | โ$24.8M | โ$18.7M | โ$45.0M |
| Depreciation and amortization | $0.5M | $1.7M | $3.7M | $4.6M | $5.2M | $7.2M | $11.9M |
| Stock-based compensation | โ | โ | $69.2M | $2.9M | $1.6M | $4.2M | $3.0M |
| Balance sheet | |||||||
| Cash and short-term investments | $10.5M | $0.0M | $115M | $36.7M | $32.2M | $23.7M | $8.2M |
| Total debt | โ | $0.4M | $8.5M | $0.0M | $5.5M | $12.4M | $124M |
| Current assets | โ | $31.1M | $144M | $112M | $98.9M | $120M | $78.2M |
| Current liabilities | โ | $28.8M | $34.5M | $45.2M | $66.7M | $64.3M | $101M |
| Inventory | โ | โ | โ | โ | $58.6M | $80.7M | $91.9M |
| Property and equipment, net | โ | $2.5M | $3.4M | $5.7M | $7.1M | $6.4M | $8.9M |
| Intangible assets | โ | $18.8M | $19.3M | $23.5M | $27.7M | $34.4M | โ |
| Total assets | โ | $55.6M | $171M | $149M | $137M | $151M | $106M |
| Total liabilities | โ | $66.2M | $61.5M | $62.6M | $100.0M | $195M | $119M |
| Shareholders' equity | $1.9M | โ$10.5M | $110M | $86.1M | $37.5M | โ$44.5M | โ$12.7M |
| Margins | |||||||
| Gross margin | โ16.4% | 3.8% | โ6.9% | โ16.9% | โ2.7% | 17.7% | โ51.6% |
| Operating margin | โ50.7% | โ17.3% | โ56.4% | โ137.8% | โ41.5% | โ7.8% | โ179.6% |
| EBITDA margin | โ48.2% | โ14.1% | โ47.0% | โ121.4% | โ36.9% | โ1.7% | โ146.1% |
| Net margin | โ63.1% | โ21.7% | โ265.3% | โ71.5% | โ51.3% | โ89.0% | โ174.9% |
| FCF margin | โ111.1% | โ28.8% | โ60.2% | โ231.9% | โ21.4% | โ15.7% | โ126.3% |
| Returns | |||||||
| Return on capital | โ | โ | โ591.3% | โ61.2% | โ352.6% | โ | โ48.8% |
| Return on capital employed | โ | โ34.8% | โ16.1% | โ37.0% | โ68.0% | โ10.8% | โ1,180.0% |
| Return on equity | โ710.0% | โ | โ209.0% | โ20.3% | โ96.4% | โ | โ |
| Return on assets | โ | โ21.1% | โ91.4% | โ12.4% | โ41.6% | โ73.5% | โ48.4% |
| Return on tangible equity | โ710.0% | โ | โ114.6% | โ31.7% | โ607.2% | โ | โ |
| Growth | |||||||
| Revenue growth | โ | 152.7% | โ27.6% | โ28.9% | 318.0% | 2.5% | โ70.1% |
| Share count change | โ | 0.0% | โ20.9% | 192,820.9% | 0.2% | 4.7% | 10.1% |
| Financial health | |||||||
| Debt / equity | โ | โ | 0.1x | 0.0x | 0.1x | โ | โ |
| Interest coverage | โ84.9x | โ31.4x | โ55.2x | โ | โ16.0x | โ0.8x | โ2.7x |
| Current ratio | โ | 1.1x | 4.2x | 2.5x | 1.5x | 1.9x | 0.8x |
| Quick ratio | โ | 1.1x | 4.2x | 2.5x | 0.6x | 0.6x | โ0.1x |
| Capital allocation | |||||||
| Capex / revenue | 6.9% | 2.2% | 4.8% | 13.2% | 2.1% | 0.9% | 9.1% |
| Stock comp / revenue | โ | โ | 177.2% | 10.5% | 1.4% | 3.5% | 8.4% |
| Quality scores | |||||||
| Piotroski F-score | โ | โ | 3.0 | 2.0 | 3.0 | 3.0 | 2.0 |
| Altman Z'' | โ | โ | โ | โ0.1 | โ4.0 | โ2.5 | โ16.0 |
| Accruals ratio | โ | 4.7% | โ72.3% | 25.6% | โ26.0% | โ61.3% | โ16.0% |
Source: SEC EDGAR XBRL filings (CIK 0001879248). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. Filed in EUR under IFRS and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only โ not investment advice. Check the original filings before relying on any figure.