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Advent Technologies Holdings, Inc.

2.42

-0.2150-8.16%

Post-market: 2.420.00000.00%18:18 EDT

Volume:31.94K

Turnover:79.41K

Market Cap:6.46M

PE:-0.15

High:2.63

Open:2.55

Low:2.34

Close:2.64

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Advent Technologies Reports Increase in MEA Sales, Expects Continued Revenue Growth from Fuel Cell Systems and Grant Income

Advent Technologies Announces Joseph Hosni as Director of Commercial Sales

THOMSON REUTERS

Press Release: Advent Technologies Announces Joseph Hosni as Director of Commercial Sales

Advent Technologies Holdings Inc. Faces Nasdaq Compliance Challenge Due to Delayed Financial Filings

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The company reported a net loss from continuing operations of $30.01 million for the year, which represents a significant improvement from the $50.90 million net loss recorded in the previous year. This change marks a reduction in loss by $20.89 million. Adjusted EBITDA, a non-GAAP financial measure used by the company to evaluate its operating performance, also showed improvement. The adjusted EBITDA for 2024 was $23.60 million, compared to a negative $24.37 million in 2023, reflecting a positive change of $23.60 million. The company continues to focus on its business strategy and future plans, although specific guidance or outlook for the upcoming fiscal year has not been provided in the current report. 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