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Advent Technologies (ADN) Revenue & Revenue Breakdown

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Advent Technologies Revenue Highlights

Latest Revenue (Y)

$7.84M

Latest Revenue (Q)

$805.00K

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
2024-06-30$805.00K-76.67%
2024-03-31$3.45M129.15%
2023-12-31$1.51M19.15%
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$200.35K99.82%
2020-03-31$100.27K-56.01%
2019-12-31$227.90K118.29%
2019-09-30$104.41K-27.46%
2019-06-30$143.93K-
2019-03-31$143.93K-

Advent Technologies generated $805.00K in revenue during Q2 2024, up -76.67% compared to the previous quarter, and up 82.40% 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
Sales of Goods$4.24M$6.39M$6.70M
Service$618.00K$1.45M-
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/ServiceJun 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Dec 21Sep 21Jun 21Mar 21
Sales of Goods$255.00K$2.45M$1.03M$769.00K$1.10M$2.40M$2.21M$2.53M$1.67M$1.00M$1.49M
Service$550.00K$324.00K$86.00K$208.00K$854.00K$4.00K$12.00K----

Advent Technologies's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Service (68.32%), and Sales of Goods (31.68%).

Advent Technologies Revenue Breakdown by Country

Annual Revenue by Country

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

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

CountryJun 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22
Asia$64.00K$173.00K$50.00K$75.00K$312.00K$14.00K$28.00K
North America$649.00K$791.00K$86.00K$391.00K$1.01M$2.06M$941.00K
Europe$92.00K$1.81M$976.00K$511.00K$632.00K$322.00K$1.26M
Service---$208.00K---
Sales of Goods---$769.00K---

Advent Technologies's latest quarterly revenue breakdown by geography, as of Jun 24: North America (80.62%), Europe (11.43%), and Asia (7.95%).

Advent Technologies Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
RNWReNew Energy Global$78.22B$15.99B
FLNCFluence Energy$2.70B$623.14M
CWENClearway Energy$1.31B$486.00M
AYAtlantica Sustainable Infrastructure$1.10B$242.93M
NRGVEnergy Vault$341.54M$1.20M
ENLTEnlight Renewable Energy$255.70M$89.59M
AMPSAltus Power$155.16M$58.68M
ADNAdvent Technologies$7.84M$805.00K

ADN Revenue FAQ

What is Advent Technologies’s yearly revenue?

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.

What is Advent Technologies’s quarterly revenue?

Advent Technologies's quarterly revenue for Q2 2024 was $805K, a -76.67% decrease from the previous quarter (Q1 2024), and a -27.61% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $3.45M, a 129.15% increase from the previous quarter (Q4 2023), and a 253.22% increase year-over-year (Q1 2023). ADN's quarterly revenue for Q4 2023 was $1.51M, a 19.15% increase from the previous quarter (Q3 2023), and a -23.05% decrease year-over-year (Q4 2022).

What is Advent Technologies’s revenue growth rate?

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%.

What are Advent Technologies’s revenue streams?

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

What is Advent Technologies’s main source of revenue?

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.