ADN Earnings Prediction
The chart below shows how ADN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ADN sees a +5.24% change in stock price 10 days leading up to the earnings, and a -4.53% change 10 days following the report. On the earnings day itself, the stock moves by -1.18%. This data can give you a slight idea of what to expect for the next quarter's release.
ADN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.51M
-23.05%
1244.64%
Gross Margin
-733.86%
1149.97%
1.22%
Operating Margin
-1469.72%
112.55%
-83.15%
Net Margin
-1708.63%
-29.79%
-80.65%
EPS
-12.03
-56.44%
104.24%
No Data Available
ADN Earnings Analysis
Advent Technologies Holdings, Inc. Class A Common Stock Corporation (ADN.O) Earnings Conference Call
Positive
Operational Expense Reduction: Advent Technologies reported a significant reduction in operational expenses, targeting total costs below $20 million in 2024, a 70% reduction from $50 million in 2023.
Contractual Success and Confidence: The company successfully delivered on its contractual agreements with major partners including Airbus, US Army, and Hyundai, demonstrating strong industry confidence in its High-Temperature PEM fuel cell technology.
Power Density Advancement: Advent's Ion Pair MEA technology has achieved 2x the power per square centimeter compared to previous fuel cell technologies, positioning the company for competitive advantage in the market.
Defense Contract Award: The company has signed contracts totaling $5 million with the US Department of Defense for the Honey Badger 50 project, showcasing its commitment to defense applications and innovation.
Maritime Market Entry: Advent's technology is already installed in San Lorenzo's 50Steel methanol fuel cell superyacht, indicating successful entry into the maritime market and the growing demand for methanol-based fuel cell solutions.
Negative
Revenue Decline Analysis: Revenue decreased to $1.5 million in Q4 2023 from $2 million in Q4 2022, attributed to a decline in orders for stationary fuel cell systems.
Q4 2023 Net Loss: Net loss for Q4 2023 was $25.7 million, or $12.04 per share, reflecting significant financial challenges and operational inefficiencies.
Decline in Cash Reserves: Restricted cash reserves fell to $3.6 million as of December 31, 2023, indicating a decrease in liquidity and financial stability.
Revenue Guidance Uncertainty: The company refrained from providing revenue guidance for 2024 due to uncertainty in the pipeline and potential delays in opportunities.
Cost Reduction and Outlook: Operational expenses were reduced to $10.7 million in Q4 2023, but the overall financial outlook remains bleak with a projected total cost of $20 million for 2024, down from $50 million in 2023.
ADN FAQs
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ADN Earning Call Sentiment
Advent Technologies Holdings, Inc. (ADN) Q4 2023 Earnings Call Transcript
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ADN.O
-3.56%Positive
The earnings call presented several negative factors: declining revenue, cash flow concerns, and no revenue guidance for 2024. Despite cost reduction efforts and strategic partnerships, the lack of guidance and financial market challenges overshadow potential positives. The absence of a shareholder return plan further dampens sentiment. The combination of these factors suggests a negative stock price reaction over the next two weeks.
