Advent Technologies Holdings, Inc. (ADNH) Accumulated Expenses (2019 - 2025)
Advent Technologies Holdings (ADNH) reported Accumulated Expenses of $63,000 for Q3 2025, down 88.8% from $563,000 a year earlier and down 80.3% from the prior quarter.
Advent Technologies Holdings, Inc. (ADNH) Accumulated Expenses (2019 - 2025) Analysis & Trends
At the end of FY2024, Advent Technologies Holdings posted Accumulated Expenses of $388,000, down 40.6% from FY2023.
- Accumulated Expenses has declined for three consecutive years, though with a five-year compound annual growth rate of 73.1% (FY2019 to FY2024).
- By year, Accumulated Expenses came in at $653,000 in FY2023 (-57.1%), $1.52 million in FY2022 (-74.2%), $5.9 million in FY2021 (+624.3%) and $814,965 in FY2020.
- The Q3 2025 figure ranks as the lowest quarterly Accumulated Expenses since Q3 2020.
- Year over year, Accumulated Expenses has now declined in each of the last 12 quarters, with an average decline of 52.3% over the last eight quarters.
- The high point for year-over-year Accumulated Expenses in five years was Q4 2021 (growth of 624.3%); the low point was Q3 2025 (a decline of 88.8%).
- Per Business Quant data, the three quarters before Q3 2025 came in at $320,000 (Q2 2025), $432,000 (Q1 2025) and $388,000 (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 63,000.00 |
| Jun 30, 2025 | 320,000.00 |
| Mar 31, 2025 | 432,000.00 |
| Dec 31, 2024 | 388,000.00 |
| Sep 30, 2024 | 563,000.00 |
| Jun 30, 2024 | 716,000.00 |
| Mar 31, 2024 | 813,000.00 |
| Dec 31, 2023 | 653,000.00 |
| Sep 30, 2023 | 1.14 Mn |
| Jun 30, 2023 | 1.00 Mn |
| Mar 31, 2023 | 1.64 Mn |
| Dec 31, 2022 | 1.52 Mn |
| Sep 30, 2022 | 1.72 Mn |
| Jun 30, 2022 | 1.48 Mn |
| Mar 31, 2022 | 1.66 Mn |
| Dec 31, 2021 | 5.90 Mn |
| Dec 31, 2020 | 814,965.00 |
| Sep 30, 2020 | 10,903.00 |
| Jun 30, 2020 | 17,770.00 |
| Mar 31, 2020 | 9,270.00 |
Advent Technologies Holdings, Inc. Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=ADNH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "ADNH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=ADNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();