ADSE Nasdaq Miscellaneous Electrical Machinery, Equipment & Supplies Financials FY2019βFY2025
Ads-Tec Energy Public Ltd Co had $35.6M of revenue in fiscal 2025, down 70.1% on the year before. Over five years, revenue changed β8.0% a year on average.
Last close Β· Oct 23, 2026
$9.70
1.6%Hi! I read Ads-Tec Energy Public Ltd Coβs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
β70.1%
No. Sales fell 70.1% last year.
Does it make a profit?
β174.9%
No. It lost money last year.
Does profit turn into cash?
β126.3%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Ads-Tec Energy Public Ltd Co did it, and the next one. Share prices often move a lot on those days.
Next results
May 14, 2027
Friday Β· in 200 days
Estimated from the same quarter last year. It will be replaced by the announced date once there is one.
See who else reports that week β| Date | Results for | Time | Source |
|---|---|---|---|
| May 15, 2026 | Period ended Dec 31, 2025 | After the market closes | 20-F β |
| May 12, 2025 | Period ended Dec 31, 2024 | Time not announced | 20-F β |
| Apr 30, 2024 | Period ended Dec 31, 2023 | After the market closes | 20-F β |
| May 11, 2023 | Period ended Dec 31, 2022 | After the market closes | 20-F β |
| Apr 28, 2022 | Period ended Dec 31, 2021 | After the market closes | 20-F β |
| Dec 29, 2021 | Period ended Dec 22, 2021 | After the market closes | 20-F β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Ads-Tec Energy Public Ltd Co had $35.6M of revenue in fiscal 2025, down 70.1% on the year before. Over five years, revenue changed β8.0% a year on average. Its operating margin was β179.6%, down 171.8Β pts: of every 100 in sales, about β180 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Margins, % of revenue
KIRA Β· Ads-Tec Energy Public Ltd Co lost $62.2M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$45.0M in fiscal 2025, β126.3% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· Ads-Tec Energy Public Ltd Co owes $116M more than it holds in cash.
Cash, debt and the ratios that show how comfortably Ads-Tec Energy Public Ltd Co can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| 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 | β | β |
| Interest coverage | β55.2x | β | β16.0x | β0.8x | β2.7x |
| Current ratio | 4.2x | 2.5x | 1.5x | 1.9x | 0.8x |
| Quick ratio | 4.2x | 2.5x | 0.6x | 0.6x | β0.1x |
| Total assets | $171M | $149M | $137M | $151M | $106M |
| Total liabilities | $61.5M | $62.6M | $100.0M | $195M | $119M |
| Shareholders' equity | $110M | $86.1M | $37.5M | β$44.5M | β$12.7M |
| Net debt (β = net cash) | β$107M | β$36.7M | β$26.7M | β$11.3M | $116M |
KIRA Β· Its return on capital was β48.8%: every 100 invested in the business earned about β49 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Ads-Tec Energy Public Ltd Co passes 2 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β |
| F-score | β / 3 | β / 5 | 3 / 9 | 2 / 9 | 3 / 9 | 3 / 9 | 2 / 9 |
| Accruals ratio | β | 4.7% | β72.3% | 25.6% | β26.0% | β61.3% | β16.0% |
| Altman Z'' | β | β | β | β0.07 | β3.99 | β2.54 | β16.00 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| 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 | β$0.1M | $0.1M | $0.1M |
| Gross profit | β$3.5M | $2.1M | β$2.7M | β$4.7M | β$3.1M | $21.0M | β$18.4M |
| Research and development | $0.5M | $0.9M | $2.4M | $1.8M | $3.1M | $9.7M | $9.6M |
| Operating income | β$10.8M | β$9.3M | β$22.0M | β$38.3M | β$48.1M | β$9.3M | β$63.9M |
| Interest expense | $0.1M | $0.3M | $0.4M | $0.0M | $3.0M | $11.8M | $23.4M |
| Pretax income | β$11.8M | β$11.8M | β$103M | β$17.2M | β$63.0M | β$105M | β$62.5M |
| Income tax | $1.7M | β$0.1M | $0.5M | $2.7M | β$3.4M | $0.5M | β$0.3M |
| Net income | β$13.5M | β$11.7M | β$104M | β$19.9M | β$59.6M | β$106M | β$62.2M |
| Net income to common | β$13.5M | β$11.7M | β$104M | β$19.9M | β$59.6M | β$106M | β$62.2M |
| Diluted EPS | β$0.43 | β$365.71 | β$4.09 | β$0.41 | β$1.22 | β$2.07 | β$1.11 |
| Diluted shares | 0.00B | 0.00B | 0.00B | 0.05B | 0.05B | 0.05B | 0.06B |
| Cash flow | |||||||
| Cash from operations | β$22.3M | β$14.3M | β$21.6M | β$60.8M | β$22.3M | β$17.6M | β$41.7M |
| Capital expenditure | $1.5M | $1.2M | $1.9M | $3.7M | $2.5M | $1.0M | $3.3M |
| Free cash flow | β$23.7M | β$15.6M | β$23.5M | β$64.4M | β$24.8M | β$18.7M | β$45.0M |
| Depreciation and amortization | $0.5M | $1.7M | $3.7M | $4.6M | $5.2M | $7.2M | $11.9M |
| Stock-based compensation | β | β | $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 | β | $0.4M | $8.5M | $0.0M | $5.5M | $12.4M | $124M |
| Current assets | β | $31.1M | $144M | $112M | $98.9M | $120M | $78.2M |
| Current liabilities | β | $28.8M | $34.5M | $45.2M | $66.7M | $64.3M | $101M |
| Inventory | β | β | β | β | $58.6M | $80.7M | $91.9M |
| Property and equipment, net | β | $2.5M | $3.4M | $5.7M | $7.1M | $6.4M | $8.9M |
| Intangible assets | β | $18.8M | $19.3M | $23.5M | $27.7M | $34.4M | β |
| Total assets | β | $55.6M | $171M | $149M | $137M | $151M | $106M |
| Total liabilities | β | $66.2M | $61.5M | $62.6M | $100.0M | $195M | $119M |
| Shareholders' equity | $1.9M | β$10.5M | $110M | $86.1M | $37.5M | β$44.5M | β$12.7M |
| Margins | |||||||
| Gross margin | β16.4% | 3.8% | β6.9% | β16.9% | β2.7% | 17.7% | β51.6% |
| Operating margin | β50.7% | β17.3% | β56.4% | β137.8% | β41.5% | β7.8% | β179.6% |
| EBITDA margin | β48.2% | β14.1% | β47.0% | β121.4% | β36.9% | β1.7% | β146.1% |
| Net margin | β63.1% | β21.7% | β265.3% | β71.5% | β51.3% | β89.0% | β174.9% |
| FCF margin | β111.1% | β28.8% | β60.2% | β231.9% | β21.4% | β15.7% | β126.3% |
| Returns | |||||||
| Return on capital | β | β | β591.3% | β61.2% | β352.6% | β | β48.8% |
| Return on capital employed | β | β34.8% | β16.1% | β37.0% | β68.0% | β10.8% | β1,180.0% |
| Return on equity | β710.0% | β | β209.0% | β20.3% | β96.4% | β | β |
| Return on assets | β | β21.1% | β91.4% | β12.4% | β41.6% | β73.5% | β48.4% |
| Return on tangible equity | β710.0% | β | β114.6% | β31.7% | β607.2% | β | β |
| Growth | |||||||
| Revenue growth | β | 152.7% | β27.6% | β28.9% | 318.0% | 2.5% | β70.1% |
| Share count change | β | 0.0% | β20.9% | 192,820.9% | 0.2% | 4.7% | 10.1% |
| Financial health | |||||||
| Debt / equity | β | β | 0.1x | 0.0x | 0.1x | β | β |
| Interest coverage | β84.9x | β31.4x | β55.2x | β | β16.0x | β0.8x | β2.7x |
| Current ratio | β | 1.1x | 4.2x | 2.5x | 1.5x | 1.9x | 0.8x |
| Quick ratio | β | 1.1x | 4.2x | 2.5x | 0.6x | 0.6x | β0.1x |
| Capital allocation | |||||||
| Capex / revenue | 6.9% | 2.2% | 4.8% | 13.2% | 2.1% | 0.9% | 9.1% |
| Stock comp / revenue | β | β | 177.2% | 10.5% | 1.4% | 3.5% | 8.4% |
| Quality scores | |||||||
| Piotroski F-score | β | β | 3.0 | 2.0 | 3.0 | 3.0 | 2.0 |
| Altman Z'' | β | β | β | β0.1 | β4.0 | β2.5 | β16.0 |
| Accruals ratio | β | 4.7% | β72.3% | 25.6% | β26.0% | β61.3% | β16.0% |
Source: SEC EDGAR XBRL filings (CIK 0001879248). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. Filed in EUR under IFRS and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only β not investment advice. Check the original filings before relying on any figure.
