Transferred Over Time was Advent Technologies Holdings’s largest revenue line in fiscal 2024, bringing in $8.25M of $9.83M (84%).
| Timing of Transfer of Good or Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|
| Transferred At Point In Time | $19.23M | $22.73M | $2.75M | $1.58M | |
| Revenue Recognized At A Point In Time | — | — | — | — | |
| Transferred Over Time | $1.98M | $777.00K | $1.85M | $8.25M | |
| Revenue Recognized Over Time | — | — | — | — | |
| Total | $21.21M | $23.51M | $4.61M | $9.83M |
Advent Technologies Holdings brought in $9.83M from its two revenue lines in fiscal 2024, the year ended December 31, 2024. That was up 113.3% from $4.61M in fiscal 2023. Transferred Over Time was the largest at $8.25M (83.9%), ahead of Transferred At Point In Time at $1.58M (16.1%).
Compared with fiscal 2023, Transferred Over Time grew 345.0% to $8.25M, while Transferred At Point In Time fell 42.7% to $1.58M. From fiscal 2021 to 2024, combined revenue from these revenue lines fell from $21.21M to $9.83M, a compound annual decline of 22.6%. Transferred Over Time's share of the total rose from 9.3% to 83.9%.
North America was Advent Technologies Holdings’s largest region in fiscal 2024, bringing in $9.30M of $9.83M (95%).
| Geography | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|
| North America | $12.50M | $13.53M | $3.80M | $9.30M | |
| Europe | $6.87M | $7.77M | $804.00K | $525.00K | |
| Asia | $1.84M | $2.22M | — | — | |
| Total | $21.21M | $23.51M | $4.61M | $9.83M |
Advent Technologies Holdings brought in $9.83M from its two regions in fiscal 2024, the year ended December 31, 2024. That was up 113.3% from $4.61M in fiscal 2023. North America was the largest at $9.30M (94.7%), ahead of Europe at $525.00K (5.3%).
Compared with fiscal 2023, North America grew 144.6% to $9.30M, while Europe fell 34.7% to $525.00K.
Advent Technologies Holdings stopped reporting Asia as a separate region after fiscal 2022, when it brought in $2.22M.
Service was Advent Technologies Holdings’s largest product and service line in fiscal 2024, bringing in $9.23M of $9.83M (94%).
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|
| Sales Of Goods | $20.09M | $19.16M | $2.75M | $597.00K | |
| Primary Financial Statement Caption Encompassing Revenue From Sale Of Goods & Services Rendered In The Normal Course Of Business | — | — | — | — | |
| Service | $1.12M | $4.35M | $1.85M | $9.23M | |
| Total | $21.21M | $23.51M | $4.61M | $9.83M |
Advent Technologies Holdings brought in $9.83M from its two product and service lines in fiscal 2024, the year ended December 31, 2024. That was up 113.3% from $4.61M in fiscal 2023. Service was the largest at $9.23M (93.9%), ahead of Sales Of Goods at $597.00K (6.1%).
Compared with fiscal 2023, Service grew 397.9% to $9.23M, while Sales Of Goods fell 78.3% to $597.00K. From fiscal 2021 to 2024, combined revenue from these lines fell from $21.21M to $9.83M, a compound annual decline of 22.6%. Service's share of the total rose from 5.3% to 93.9%.
Advent Technologies Holdings (ADNH) reports its revenue by timing of transfer of good or service, by geography and by product and service. In fiscal 2024, Transferred Over Time was its largest revenue line, bringing in $8.25M (83.9% of the total), followed by Transferred At Point In Time at $1.58M (16.1%).
Transferred Over Time was Advent Technologies Holdings' largest revenue line in fiscal 2024, bringing in $8.25M, or 83.9% of the $9.83M total across its two revenue lines.
North America was Advent Technologies Holdings' largest region in fiscal 2024, bringing in $9.30M, or 94.7% of the $9.83M total across its two regions.
Service was Advent Technologies Holdings' largest product and service line in fiscal 2024, bringing in $9.23M, or 93.9% of the $9.83M total across its two product and service lines.
Transferred Over Time grew faster than Transferred At Point In Time in fiscal 2024, up 345.0% from $1.85M to $8.25M. Transferred At Point In Time fell 42.7% to $1.58M.
Every figure comes from Advent Technologies Holdings' annual financial filings, as reported. Each line keeps the name Advent Technologies Holdings gives it, and years follow its fiscal calendar.
Advent Technologies Holdings' revenue by timing of transfer of good or service goes back to fiscal 2020, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.