ADS-TEC Energy PLC, a technology firm catering to businesses (B2B), specializes in the development, production, and maintenance of intelligent, battery-buffered energy systems. ...
ADS-TEC Energy PLC (listed on Nasdaq under ticker ADSE) is an Ireland-based technology and energy equipment company focused on next-generation EV charging and grid-support solutions. The company’s core differentiator is battery-buffered charging: instead of relying solely on grid capacity, its systems use integrated energy storage to enable ultra-fast DC charging ...ADS-TEC Energy PLC (listed on Nasdaq under ticker ADSE) is an Ireland-based technology and energy equipment company focused on next-generation EV charging and grid-support solutions. The company’s core differentiator is battery-buffered charging: instead of relying solely on grid capacity, its systems use integrated energy storage to enable ultra-fast DC charging performance while improving compatibility with power-constrained electrical networks. This approach targets customers that need high-power charging without requiring immediate, costly grid upgrades.
From a product and services perspective, ADS-TEC’s platform ecosystem includes hardware-integrated energy systems and accompanying energy management/communications features. Key offerings described include the ChargeBox—combining battery storage with power inverters for charging applications—and the ChargeTrailer, a mobile, high-power charging unit designed to be housed within a standard truck trailer. The ChargeTrailer is characterized by multiple integrated inverters, climate control, an energy management unit, a security/firewall component, and connectivity to support operation and DC charging workflows.
The company also provides energy storage enhancement and deployment-ready storage solutions. This includes the PowerBooster, engineered to enhance charging capacity using battery energy systems, and custom container-based battery storage units (e.g., 20- or 40-foot container systems) as well as standard rack systems for larger-scale deployments. In residential and other smaller-scale contexts, ADS-TEC is developing the MyPowerplant platform, indicating a strategic expansion from primarily commercial/decentralized infrastructure toward broader energy sector coupling.
Operationally, the business spans multiple European countries, with notable presence in Germany, Spain, Ireland, Switzerland, and Austria, reflecting a focus on regional deployment and customer-specific integration. Customers for these systems can include private homes, public institutions, commercial enterprises, industrial facilities, infrastructure projects, and operators aiming for more self-sufficient energy grids.
On scale and organization, the company reports roughly 302 full-time employees (placing it in the 201–500 band), and it is led by founder and CEO Thomas Gerhart Speidel. From a market/financial metrics viewpoint (as provided), the company shows negative profitability measures in recent trailing metrics (e.g., negative margins and free cash flow figures), consistent with the cash-intensive nature of manufacturing, scaling deployments, and ongoing R&D/production ramp. Investors and customers should therefore evaluate business performance with attention to deployment milestones, recurring service/support components (where applicable), working capital dynamics, and the trajectory of product cost/efficiency (e.g., BOM and manufacturing yields) as the platform scales.
Overall, ADS-TEC’s “battery-buffered ultra-fast charging + energy storage/management platforms” positioning is designed to reduce infrastructure constraints and accelerate EV charging rollout by coupling charging hardware with integrated energy storage, enabling high throughput charging where traditional grid power may be insufficient.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$31.6M
-71.3%
+23.8%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-55.2M
+43.7%
-192.3%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
-51.6%
-392.2%
-22.4%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-179.6%
-2195.6%
+19.0%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-174.9%
-96.4%
-136.1%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-50.3M
-184.2%
+38.2%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-159.3%
-890.7%
+50.1%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
-582.2%
-1382.4%
-135.5%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.58x
-15.0%
-16.5%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
Dennis Müller: Welcome to our today's earnings call. My name is Dennis Müller and I'm responsible for product marketing and communication at ADS-TEC Energy and will guide you through the event. Within the next 20 minutes to 30 minutes, Thomas Speidel, CEO of ADS-TEC Energy; and Stefan Berndt Bülow, CFO of ADS-TEC Energy, will announce the company's audited financial results for the full year 2024. Following the presentation, we will hold a Q&A session of approximately 10 minutes. You could submit questions via this Q4 platform during the event. The presentation includes forward looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, and you'll find a detailed disclaimer within the presentation that will be available on the company's website after this event. And with that, I will hand over to Thomas Speidel.
Thomas Speidel : Yeah, thank you, Dennis. Dear ladies and gentlemen, dear investors, thank you for joining today. Let me just go to the agenda. We have prepared today to present a review of the full year 2024 about how we want to strengthen the partnership with our existing and new customers and what we believe can be done in further and accelerating revenues, especially recurring revenues. And we want to present our strategy for Europe and North America. And after that, I will hand it over to my colleague, Stefan, the CFO, who will take you through the financials. And then we will sum it up and be open for Q&A. Let's go to the review for the full year 2024. First of all, I'm really pleased and happy to say that first time ever we can announce a positive cross-profit and also a positive adjusted EBITDA for the full year, and that is what we said. And so, we are happy that we have been able to deliver that. Also, a prediction of what we always said is that service and recurring services will get more and more important. And so, we can see that last year the service revenues almost tripled to EUR5.6 million. It might be not the very highest number, but it's growing and it's significantly growing. And so, we always explain that we start with hardware, with the eco-platform, and then with the hardware and the operations services will come in. We have last year increased our customer base by more than 200%, so more than doubled to 55 customers across Europe, U.S., and Canada. Customer, in this case, means that they have ordered, from ADS-TEC and at least got the first units, from ADS-TEC. We are focusing on a long-term resilient business model, and we explained that several times. We are not a charging company. We are convinced that flexibility, especially digital managed flexibility, will play a big, big role in the future. And that is what we are driving forward. And charging is one of the things we are doing. And so, we mentioned that multi-revenue streams based on proven technology is important, and that turned out, and is more and more turning out to be true. Here we …