Advent Technologies Holdings Inc
NASDAQ:ADN
Income Statement
Earnings Waterfall
Advent Technologies Holdings Inc
Revenue
|
5.3m
USD
|
Cost of Revenue
|
-8.3m
USD
|
Gross Profit
|
-3m
USD
|
Operating Expenses
|
-45.6m
USD
|
Operating Income
|
-48.5m
USD
|
Other Expenses
|
-44.8m
USD
|
Net Income
|
-93.3m
USD
|
Income Statement
Advent Technologies Holdings Inc
Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||
Revenue |
1
N/A
|
2
+159%
|
3
+35%
|
5
+47%
|
7
+56%
|
7
-3%
|
8
+18%
|
9
+9%
|
8
-11%
|
8
-3%
|
6
-15%
|
5
-18%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(1)
|
(1)
|
(1)
|
(3)
|
(5)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
|
Gross Profit |
0
N/A
|
1
+297%
|
2
+24%
|
2
-5%
|
2
-3%
|
0
-84%
|
(0)
N/A
|
(0)
+25%
|
(1)
-722%
|
(1)
-35%
|
(2)
-74%
|
(3)
-72%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(3)
|
(11)
|
(18)
|
(31)
|
(46)
|
(51)
|
(55)
|
(52)
|
(48)
|
(83)
|
(46)
|
(46)
|
|
Selling, General & Administrative |
(4)
|
(11)
|
(17)
|
(29)
|
(42)
|
(44)
|
(46)
|
(41)
|
(37)
|
(35)
|
(36)
|
(36)
|
|
Research & Development |
(0)
|
(0)
|
(1)
|
(2)
|
(4)
|
(6)
|
(8)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
|
Depreciation & Amortization |
0
|
(0)
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
(35)
|
2
|
2
|
|
Operating Income |
(3)
N/A
|
(10)
-219%
|
(16)
-65%
|
(29)
-80%
|
(44)
-51%
|
(50)
-14%
|
(55)
-9%
|
(52)
+5%
|
(49)
+6%
|
(84)
-72%
|
(48)
+43%
|
(49)
-1%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(37)
|
0
|
(46)
|
(46)
|
|
Total Other Income |
(0)
|
10
|
14
|
16
|
23
|
21
|
17
|
14
|
9
|
1
|
1
|
2
|
|
Pre-Tax Income |
(3)
N/A
|
0
N/A
|
(3)
N/A
|
(13)
-395%
|
(21)
-62%
|
(29)
-36%
|
(38)
-29%
|
(38)
-2%
|
(76)
-99%
|
(83)
-8%
|
(93)
-12%
|
(93)
+0%
|
|
Net Income | |||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
1
|
2
|
2
|
3
|
2
|
1
|
0
|
(0)
|
|
Income from Continuing Operations |
(3)
|
0
|
(3)
|
(13)
|
(21)
|
(28)
|
(36)
|
(36)
|
(74)
|
(82)
|
(93)
|
(93)
|
|
Net Income (Common) |
(3)
N/A
|
0
N/A
|
(3)
N/A
|
(13)
-393%
|
(21)
-55%
|
(28)
-34%
|
(36)
-29%
|
(36)
-1%
|
(74)
-108%
|
(82)
-11%
|
(93)
-13%
|
(93)
0%
|
|
EPS (Diluted) |
-0.07
N/A
|
0
N/A
|
-0.06
N/A
|
-0.27
-350%
|
-0.45
-67%
|
-0.53
-18%
|
-0.71
-34%
|
-0.7
+1%
|
-1.44
-106%
|
-1.59
-10%
|
-1.73
-9%
|
-1.54
+11%
|