---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-002464"
form_type: "8-K"
ticker: "ADNH"
cik: "0001744494"
company_name: "ADVENT TECHNOLOGIES HOLDINGS, INC."
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T08:06:50.317918+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Advent Technologies Q4 2022: revenue $2.0M, net loss $47.6M with $38.9M impairment

## Summary
- Q4 revenue $2.0M plus $0.4M grants; full-year revenue $7.8M, up 18% YoY.
- Net loss $47.6M ($0.92/share) includes $38.9M goodwill/intangible impairment; adjusted net loss $13.2M.
- Unrestricted cash $32.9M as of Dec 31, 2022, down $9.5M from Sept 30.
- EU ratified €782.1M IPCEI funding for Green HiPo project; working with Greek State on timing.
- New Hood Park R&D facility commissioned; JDA with Hyundai for HT-PEM MEA development.

## SEC filing metadata
- accession: 0001829126-23-002464
- form_type: 8-K
- ticker: ADNH
- cik: 0001744494
- company_name: ADVENT TECHNOLOGIES HOLDINGS, INC.
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1744494/000182912623002464/0001829126-23-002464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1744494/000182912623002464/adventtechnologies_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-002464
- JSON: https://secwatch.observer/filing/0001829126-23-002464.json
- Plain text: https://secwatch.observer/filing/0001829126-23-002464.txt

## Key facts
- Earnings Releases
  ADVENT TECHNOLOGIES HOLDINGS, INC. reported year ended December 31, 2022 results: revenue $7.8 million.
  - Period: year ended December 31, 2022
  - Revenue: $7.8 million
  - Result: reported results
  source text: ● Full year 2022 revenue of $7.8 million and income from grants of $1.5 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1744494/000182912623002464/0001829126-23-002464-index.htm
- Earnings Releases
  ADVENT TECHNOLOGIES HOLDINGS, INC. reported Q4 2022 results: revenue $2.0 million, net income ($47.6 million), EPS ($0.92).
  - Period: Q4 2022
  - Revenue: $2.0 million
  - Net income: ($47.6 million)
  - EPS: ($0.92)
  - Result: reported results
  source text: ● Q4 2022 revenue of $2.0 million and income from grants of $0.4 million. ● Full year 2022 revenue of $7.8 million and income from grants of $1.5 million. ● Net loss in Q4 of $47.6 million or $(0.92) per share, including an impairment charge of $38.9 million. Adjusted net loss in Q4 of $13.2 million or $(0.26) per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1744494/000182912623002464/0001829126-23-002464-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.