Ads-Tec Energy(US:ADSE)2024-09-13 20:30Revenue and Profitability - Revenue for the six months ended June 30, 2024, increased to €79,263k from €38,276k in 2023, representing a growth of 107%[1] - Gross profit improved to €15,672k compared to a loss of €531k in the same period last year[1] - Operating result showed a loss of €4,960k, significantly better than the loss of €19,992k in 2023[1] - The company reported a diluted loss per share of €0.84, compared to €0.59 in the previous year[1] - Total comprehensive income for the period was -€45,226k, worsening from -€28,742k in 2023[1] Financial Position - Total assets increased to €129,189k from €124,408k as of December 31, 2023[2] - Cash and cash equivalents decreased to €23,691k from €29,162k at the end of 2023[2] - Total liabilities rose to €131,061k from €90,489k, indicating a significant increase in financial obligations[4] - Retained earnings declined to -€191,216k from -€136,117k, reflecting ongoing losses[4] Financial Performance - Net finance result worsened to a loss of €39,413k from a loss of €10,800k in the previous year[1]