Advent Technologies (ADN) Revenue & Revenue Breakdown


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Advent Technologies Revenue Highlights


Latest Revenue (Y)

$7.84M

Latest Revenue (Q)

$1.26M

Main Segment (Y)

Sales of Goods

Main Geography (Y)

Europe

Advent Technologies Revenue by Period


Advent Technologies Revenue by Year

DateRevenueChange
2022-12-31$7.84M10.87%
2021-12-31$7.07M700.86%
2020-12-31$882.65K42.32%
2019-12-31$620.17K65.94%
2018-12-31$373.74K-

Advent Technologies generated $7.84M in revenue during NA 2022, up 10.87% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Advent Technologies Revenue by Quarter

DateRevenueChange
2023-09-30$1.26M13.67%
2023-06-30$1.11M13.82%
2023-03-31$977.00K-50.08%
2022-12-31$1.96M-18.42%
2022-09-30$2.40M7.82%
2022-06-30$2.23M77.15%
2022-03-31$1.26M-56.72%
2021-12-31$2.90M73.36%
2021-09-30$1.67M66.82%
2021-06-30$1.00M-32.62%
2021-03-31$1.49M-383.12%
2020-12-31$-526.03K-333.36%
2020-09-30$225.41K12.51%
2020-06-30$200.35K100.00%
2020-03-31-100.00%
2019-09-30-100.00%
2019-06-30-100.00%
2019-03-31--

Advent Technologies generated $1.26M in revenue during Q3 2023, up 13.67% compared to the previous quarter, and up 56.81% compared to the same period a year ago.

Advent Technologies Revenue Breakdown


Advent Technologies Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Service$618.00K$1.45M-
Sales of Goods$4.24M$6.39M$6.70M
Sales of Services--$373.60K

Advent Technologies's latest annual revenue breakdown by segment (product or service), as of Dec 23: Sales of Goods (87.28%), and Service (12.72%).

Quarterly Revenue by Product

Product/ServiceDec 23Jun 23Mar 23Dec 22Sep 22Jun 22Dec 21Sep 21Jun 21Mar 21
Service$324.00K$86.00K$208.00K$854.00K$4.00K$12.00K----
Sales of Goods$2.45M$1.03M$769.00K$1.10M$2.40M$2.21M$2.53M$1.67M$1.00M$1.49M

Advent Technologies's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Sales of Goods (88.30%), and Service (11.70%).

Advent Technologies Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
Asia$298.00K$739.00K$613.14K
North America$1.27M$4.51M$4.16M
Europe$3.29M$2.59M$2.29M

Advent Technologies's latest annual revenue breakdown by geography, as of Dec 23: Europe (67.77%), North America (26.10%), and Asia (6.13%).

Quarterly Revenue by Country

CountryDec 23Jun 23Mar 23Dec 22Sep 22Jun 22
Europe$1.81M$976.00K$511.00K$632.00K$322.00K$1.26M
North America$791.00K$86.00K$391.00K$1.01M$2.06M$941.00K
Asia$173.00K$50.00K$75.00K$312.00K$14.00K$28.00K
Service--$208.00K---
Sales of Goods--$769.00K---

Advent Technologies's latest quarterly revenue breakdown by geography, as of Dec 23: Europe (65.20%), North America (28.56%), and Asia (6.25%).

Advent Technologies Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
RNWReNew Energy Global$78.22B$15.99B
FLNCFluence Energy$2.22B$623.14M
CWENClearway Energy$1.31B$366.00M
AYAtlantica Sustainable Infrastructure$1.10B$242.93M
NRGVEnergy Vault$341.54M$3.77M
ENLTEnlight Renewable Energy$255.70M$89.59M
AMPSAltus Power$155.16M$52.46M
ADNAdvent Technologies$7.84M$1.26M

ADN Revenue FAQ


Advent Technologies's yearly revenue for 2022 was $7.84M, representing an increase of 10.87% compared to 2021. The company's yearly revenue for 2021 was $7.07M, representing an increase of 700.86% compared to 2020. ADN's yearly revenue for 2020 was $882.65K, representing an increase of 42.32% compared to 2019.

Advent Technologies's quarterly revenue for Q3 2023 was $1.26M, a 13.67% increase from the previous quarter (Q2 2023), and a -47.31% decrease year-over-year (Q3 2022). The company's quarterly revenue for Q2 2023 was $1.11M, a 13.82% increase from the previous quarter (Q1 2023), and a -50.02% decrease year-over-year (Q2 2022). ADN's quarterly revenue for Q1 2023 was $977K, a -50.08% decrease from the previous quarter (Q4 2022), and a -22.21% decrease year-over-year (Q1 2022).

Advent Technologies's revenue growth rate for the last 3 years (2020-2022) was 787.89%, and for the last 5 years (2018-2022) was 1996.91%.

Advent Technologies's revenue streams in c 23 are Service, and Sales of Goods. Service generated $618K in revenue, accounting 12.72% of the company's total revenue, down -57.38% year-over-year. Sales of Goods generated $4.24M in revenue, accounting 87.28% of the company's total revenue, down -33.60% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Advent Technologies was Sales of Goods. This segment made a revenue of $4.24M, representing 87.28% of the company's total revenue.