ADSE Unveils Fiscal 2023 Results & Business Update: Key Insights Revealed

• ADS-TEC Energy reports record revenue of approximately EUR 50.3 million in Q4 2023
• First profitable quarter with Adjusted EBITDA of approximately EUR 4.6 million in Q4 2023
• FY 2023 revenue totals approximately EUR 107.4 million, compared to EUR 26.4 million in FY 2022
• FY 2023 Adjusted EBITDA improves to approximately EUR -16.3 million, compared to EUR -29.4 million in FY 2022
• Ended FY 2023 with approximately EUR 29.2 million in cash and cash equivalents
• Reiterates 2024 revenue guidance of at least EUR 200 million

ADS-TEC Energy

+1,11 %

-1,95 %

+4,91 %

+15,52 %

+214,06 %

+402,50 %

ISIN:IE000DU292E6WKN:A3DA9W

• Intraday
• 5 Tage
• 1 Monat
• 3M
• 1 Jahr
• Max