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ADNWW
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Advent Technologies Holdings Inc (ADNWW)

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$0.01
Last Close (24-hour delay)
Profit since last BUY-50%
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SELL
SELL since 4 days
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Upturn Advisory Summary

09/17/2025: ADNWW (1-star) is a SELL. SELL since 4 days. Simulated Profits (-50.00%). Updated daily EoD!

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -82.46%
Avg. Invested days 17
Today’s Advisory SELL
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/17/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 437.76M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 0.74
52 Weeks Range 0.00 - 0.02
Updated Date 06/14/2025
52 Weeks Range 0.00 - 0.02
Updated Date 06/14/2025
Dividends yield (FY) -
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) 3586.07%

Management Effectiveness

Return on Assets (TTM) -53.72%
Return on Equity (TTM) -1021.66%

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 2359144
Shares Outstanding -
Shares Floating 2359144
Percent Insiders -
Percent Institutions -

ai summary icon Upturn AI SWOT

Advent Technologies Holdings Inc

stock logo

Company Overview

overview logo History and Background

Advent Technologies Holdings Inc. focuses on fuel cell technology. It was founded in 2012 and went public via a SPAC merger in 2021. The company has since focused on developing and manufacturing fuel cell systems and components.

business area logo Core Business Areas

  • Fuel Cell Systems: Develops and manufactures complete fuel cell systems for various applications, including backup power, portable power, and transportation.
  • Electrolyte Membranes: Produces high-temperature proton exchange membranes (HT-PEM) and membrane electrode assemblies (MEAs), crucial components in fuel cells.
  • Component Sales: Sells individual fuel cell components to other manufacturers and research institutions.

leadership logo Leadership and Structure

The leadership team includes Vasilis Gregoriou (Chairman and CEO). The company has a typical corporate structure with various departments focused on R&D, manufacturing, sales, and marketing.

Top Products and Market Share

overview logo Key Offerings

  • SereneU Fuel Cell System: A methanol-based fuel cell system designed for backup power applications. Market share is still nascent, difficult to determine exact figures. Competitors include Ballard Power Systems and Bloom Energy for different fuel cell technologies but same overall applications.
  • Electrolyte Membranes: Advent produces HT-PEM membranes. No concrete numbers. Competitors include Gore and 3M.

Market Dynamics

industry overview logo Industry Overview

The fuel cell industry is growing, driven by increasing demand for clean energy solutions. Government incentives and environmental regulations support this growth. While hydrogen infrastructure remains a hurdle, methanol fuel cell technology faces less infrastucture hurdles.

Positioning

Advent Technologies focuses on HT-PEM fuel cells, which offer advantages in terms of fuel flexibility and operating temperature compared to traditional low-temperature PEM fuel cells. This niche strategy positions them well in certain applications.

Total Addressable Market (TAM)

The total addressable market is expected to grow to billions of dollars in the coming years as fuel cell technology becomes more widespread. Advent is targeting segments within this broader market with its HT-PEM technology.

Upturn SWOT Analysis

Strengths

  • Proprietary HT-PEM technology
  • Fuel flexibility (can use methanol, natural gas, or hydrogen)
  • Strong R&D capabilities
  • Strategic partnerships with industry players

Weaknesses

  • Limited commercialization to date
  • Reliance on government funding and incentives
  • Smaller scale compared to established competitors
  • Negative cash flow

Opportunities

  • Growing demand for clean energy solutions
  • Expansion into new markets and applications
  • Development of advanced fuel cell components
  • Government support for fuel cell technology

Threats

  • Competition from established fuel cell manufacturers
  • High development and manufacturing costs
  • Lack of hydrogen infrastructure
  • Fluctuations in fuel prices

Competitors and Market Share

competitor logo Key Competitors

  • BLDP
  • FCEL
  • BE

Competitive Landscape

Advent has a niche focus on HT-PEM technology, offering advantages in certain applications. However, it faces competition from larger, more established players with broader product portfolios and market presence.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been primarily driven by R&D and pilot projects. Commercial revenue is still in its early stages.

Future Projections: Future growth is dependent on successful commercialization of its fuel cell systems and components, and on achieving profitability.

Recent Initiatives: Recent initiatives include expanding manufacturing capacity, securing partnerships, and developing new fuel cell applications.

Summary

Advent Technologies is a promising company in the fuel cell space with unique technology, but it's still in the early stages of commercialization. The company needs to demonstrate its ability to scale production and achieve profitability. The reliance on government support remains a risk.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings (10K, 10Q), Company Website, Analyst Reports
  • Yahoo Finance

Disclaimers:

The information provided is for informational purposes only and does not constitute financial advice. Market share estimates are approximate. Invest at your own risk.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Advent Technologies Holdings Inc

Exchange NASDAQ
Headquaters Livermore, CA, United States
IPO Launch date 2019-01-24
CEO, Interim CFO & Director Mr. Gary L. Herman
Sector Industrials
Industry Electrical Equipment & Parts
Full time employees 26
Full time employees 26

Advent Technologies Holdings, Inc., an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America and Europe. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems. The company offers high temperature proton exchange membrane (HT-PEM) fuel cells; and electrodes for applications in the fuel cell and energy storage markets, as well as membrane electrode assemblies (MEA). It is also involved in the design of fuel cell stacks and complete fuel cell systems for stationary power, portable power, automotive, aviation, energy storage, and sensor markets. Advent Technologies Holdings, Inc. is headquartered in Livermore, California.