Advent Total Revenue vs Net Income Analysis

ADNWW Stock  USD 0.01  0.0004  4.40%   
Advent Technologies financial indicator trend analysis is way more than just evaluating Advent Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advent Technologies is a good investment. Please check the relationship between Advent Technologies Total Revenue and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advent Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Total Revenue vs Net Income

Total Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advent Technologies Total Revenue account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Advent Technologies' Total Revenue and Net Income is -0.84. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Advent Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Advent Technologies' Total Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Advent Technologies Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., Advent Technologies' Total Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Advent Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Advent Technologies financial statement analysis. It represents the amount of money remaining after all of Advent Technologies Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Advent Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advent Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advent Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, Advent Technologies' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 9.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 24.6 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses45.8M45.8M62.3M34.4M
Cost Of Revenue5.4M8.6M18.3M19.2M

Advent Technologies fundamental ratios Correlations

-0.70.80.890.87-0.530.71-0.02-0.270.79-0.91-0.33-0.89-0.930.37-0.82-0.210.95-0.34-0.12-0.950.90.92-0.6-0.3-0.86
-0.7-0.56-0.68-0.870.96-0.670.010.86-0.770.60.850.770.88-0.890.970.82-0.880.020.740.85-0.86-0.920.850.70.91
0.8-0.560.640.72-0.380.96-0.62-0.20.95-0.68-0.22-0.65-0.710.26-0.61-0.150.76-0.44-0.11-0.780.760.73-0.43-0.22-0.63
0.89-0.680.640.67-0.550.60.1-0.250.64-0.97-0.38-0.98-0.920.38-0.83-0.180.850.11-0.04-0.80.70.82-0.61-0.28-0.92
0.87-0.870.720.67-0.750.71-0.07-0.610.84-0.67-0.55-0.73-0.870.63-0.89-0.570.95-0.46-0.51-0.960.990.95-0.71-0.55-0.81
-0.530.96-0.38-0.55-0.75-0.54-0.050.91-0.630.410.950.620.76-0.970.890.9-0.74-0.10.850.72-0.73-0.80.730.610.82
0.71-0.670.960.60.71-0.54-0.67-0.40.98-0.6-0.42-0.63-0.720.46-0.68-0.360.75-0.29-0.31-0.760.740.75-0.53-0.34-0.67
-0.020.01-0.620.1-0.07-0.05-0.67-0.03-0.54-0.06-0.06-0.09-0.030.04-0.05-0.01-0.030.280.020.06-0.09-0.02-0.06-0.03-0.08
-0.270.86-0.2-0.25-0.610.91-0.4-0.03-0.50.150.910.380.54-0.950.721.0-0.55-0.060.960.53-0.6-0.630.760.770.6
0.79-0.770.950.640.84-0.630.98-0.54-0.5-0.64-0.49-0.69-0.80.54-0.77-0.460.85-0.37-0.41-0.860.860.85-0.63-0.44-0.75
-0.910.6-0.68-0.97-0.670.41-0.6-0.060.15-0.640.210.960.89-0.230.760.07-0.840.02-0.080.79-0.7-0.80.630.330.86
-0.330.85-0.22-0.38-0.550.95-0.42-0.060.91-0.490.210.450.59-0.990.730.92-0.57-0.20.90.56-0.56-0.640.60.490.68
-0.890.77-0.65-0.98-0.730.62-0.63-0.090.38-0.690.960.450.96-0.460.880.3-0.89-0.10.150.83-0.75-0.870.740.440.96
-0.930.88-0.71-0.92-0.870.76-0.72-0.030.54-0.80.890.590.96-0.620.950.48-0.980.090.360.95-0.9-0.970.780.50.98
0.37-0.890.260.380.63-0.970.460.04-0.950.54-0.23-0.99-0.46-0.62-0.77-0.950.620.12-0.93-0.60.630.69-0.66-0.57-0.69
-0.820.97-0.61-0.83-0.890.89-0.68-0.050.72-0.770.760.730.880.95-0.770.66-0.930.00.560.89-0.88-0.950.830.630.96
-0.210.82-0.15-0.18-0.570.9-0.36-0.011.0-0.460.070.920.30.48-0.950.66-0.49-0.060.980.48-0.55-0.580.70.720.54
0.95-0.880.760.850.95-0.740.75-0.03-0.550.85-0.84-0.57-0.89-0.980.62-0.93-0.49-0.28-0.41-0.990.971.0-0.76-0.5-0.93
-0.340.02-0.440.11-0.46-0.1-0.290.28-0.06-0.370.02-0.2-0.10.090.120.0-0.06-0.280.030.38-0.47-0.25-0.06-0.04-0.08
-0.120.74-0.11-0.04-0.510.85-0.310.020.96-0.41-0.080.90.150.36-0.930.560.98-0.410.030.42-0.5-0.490.550.590.42
-0.950.85-0.78-0.8-0.960.72-0.760.060.53-0.860.790.560.830.95-0.60.890.48-0.990.380.42-0.98-0.990.70.450.89
0.9-0.860.760.70.99-0.730.74-0.09-0.60.86-0.7-0.56-0.75-0.90.63-0.88-0.550.97-0.47-0.5-0.980.97-0.72-0.53-0.83
0.92-0.920.730.820.95-0.80.75-0.02-0.630.85-0.8-0.64-0.87-0.970.69-0.95-0.581.0-0.25-0.49-0.990.97-0.79-0.55-0.94
-0.60.85-0.43-0.61-0.710.73-0.53-0.060.76-0.630.630.60.740.78-0.660.830.7-0.76-0.060.550.7-0.72-0.790.920.8
-0.30.7-0.22-0.28-0.550.61-0.34-0.030.77-0.440.330.490.440.5-0.570.630.72-0.5-0.040.590.45-0.53-0.550.920.52
-0.860.91-0.63-0.92-0.810.82-0.67-0.080.6-0.750.860.680.960.98-0.690.960.54-0.93-0.080.420.89-0.83-0.940.80.52
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Advent Technologies Account Relationship Matchups

Advent Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets226.0M93.9M163.0M89.6M34.7M33.0M
Total Current Liabilities1.3M3.2M18.9M13.7M11.9M9.0M
Total Stockholder Equity5.0M5.0M130.2M64.1M13.4M12.8M
Retained Earnings3.2M2.2M(33.4M)(107.8M)(179.2M)(170.2M)
Cash And Short Term Investments520.4K24.9K79.8M32.9M37.8M25.1M
Total Liab221.0M88.9M32.8M25.4M21.3M20.2M
Total Current Assets577.5K582.5K97.4M49.5M8.8M8.4M
Common Stock672.0701.05.1K5K4.5K4.3K

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