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Ads-Tec Energy PLC
NASDAQ:ADSE

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Ads-Tec Energy PLC
NASDAQ:ADSE
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Price: 12.02 USD -3.53%
Market Cap: 659.2m USD

Ads-Tec Energy PLC
Investor Relations

ADS-TEC Energy Plc develops, manufactures and supplies integrated technology platforms. ADSE has a product and eco-system platform and a development pipeline, which allows it to diversify in the three end-market segments: Charging, Commercial & Industrial (C & I), and Residential. Its ecosystem platforms consist of hardware, software and services and are designed to provide functions, such as flexibility, intelligent energy, and data management, as well as a range of related and recurring digital and physical services. The firm's portfolio of ecosystem platforms targets the market in three areas, namely direct current (DC)-based charging for EVs on power limited grids, energy storage and management solutions for commercial and industrial applications, and energy storage and management solutions for residential sector coupling applications.

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Last Earnings Call
Fiscal Period
Q4 2022
Call Date
May 11, 2023
AI Summary
Q4 2022

Revenue Down: ADS-TEC Energy reported 2022 revenue of €26.4 million, down €6.6 million from 2021 due to supply chain disruptions and delayed customer pickups, especially in the U.S.

Supply Chain Recovery: Management overcame major supply chain issues in late 2022, managing to produce €45.6 million worth of systems, but much was not recognized as revenue due to delayed customer acceptance.

Record 2023 Guidance: The company expects revenue to exceed €100 million in 2023, supported by an order book of €90 million and several new strategic contracts, marking the highest expected revenue in company history.

Profitability Target: Management expects to reach break-even or positive EBITDA in 2023.

No Equity Raise Planned: Recent shareholder loans totaling $12.9 million strengthen the balance sheet; management has no plans to raise new equity in the foreseeable future.

Geographic Mix: 2023 revenue expected to be 10–15% from the U.S., with the rest from Germany and other European countries.

Services & Partnerships: Growing focus on long-term service contracts and partnerships with blue-chip and infrastructure companies is expected to drive future growth.

Key Financials
Revenue
€26.4 million
Order Book
€90 million
Gross Profit
negative €4.5 million
SG&A Expenses
€31.3 million
Operating Result
minus €36.4 million
Net Income
minus €18.9 million
Cash Balance
€34.4 million
Inventories
€40.1 million
Trade and Other Receivables
€17.7 million
Shareholder Loans
$12.9 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Thomas Gerhart Speidel
Founder, CEO & Director
No Bio Available
Mr. Stefan Berndt-von Bülow
Chief Financial Officer
No Bio Available
Mr. Michael Rudloff
Chief Operations Officer
No Bio Available
Ms. Elaine Weidman-Grunewald
Chief Marketing Officer
No Bio Available
Mr. Hakan Konyar
Chief Production Officer
No Bio Available
Mr. Sebastian Schypulla
Chief Purchase & Logistics Officer
No Bio Available
Mr. Renato Gross
Senior Vice President
No Bio Available

Contacts

Address
DUBLIN
10 Earlsfort Terrace, Dublin 2
Contacts
+35319201000.0