Welcome to our dedicated page for Ads-Tec Energy PLC news (Ticker: ADSE), a resource for investors and traders seeking the latest updates and insights on Ads-Tec Energy PLC stock.
Ads-Tec Energy PLC (ADSE) delivers cutting-edge battery-buffered EV charging systems and smart energy solutions across Europe. This page aggregates official company announcements, financial updates, and strategic developments for stakeholders tracking innovation in sustainable infrastructure.
Access real-time updates on earnings reports, product launches, and partnerships that shape ADSE's role in the evolving energy storage sector. Our curated news collection helps investors analyze market trends while providing transparency into the company's operational milestones.
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ADS-TEC Energy (ADSE) reported record revenue in FY 2023, with EUR 107.4 million, compared to EUR 26.4 million in FY 2022. The company achieved its first profitable quarter with a fourth-quarter revenue of approximately EUR 50.3 million and an Adjusted EBITDA of EUR 4.6 million. Operational highlights include the installation of over 1,500 DCFC charging points and the formation of key partnerships. ADS-TEC anticipates revenues exceeding EUR 200 million in 2024 and expects to be EBITDA positive. The company's systems boast over 97% uptime, positioning them for continued growth and success.
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