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Advent Technologies vs TurnOnGreen: revenue, profit, margins and growth compared

Advent Technologies brought in $3.3M of revenue in fiscal 2024, TurnOnGreen $7.2M in fiscal 2025. Revenue changed by +113.3% at Advent Technologies and +47.1% at TurnOnGreen on the year before, so Advent Technologies grew faster. Advent Technologies kept -1,251.3% of its revenue as net profit, TurnOnGreen -29.2%.

Side by side, latest fiscal year

ADNHTOGI
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$3.3M$7.2M
Revenue growth+113.3%+47.1%
Net income-$41M-$2.1M
Net margin-1,251.3%-29.2%
Free cash flown/a-$3M
Free cash flow marginn/a-42.0%
Earnings per share (diluted)-$15.65-$0.01
Cash$381K$65K
Debtn/an/a
Price to earningsn/an/a
Market value$1.1K$3.9M
Dividend yieldn/an/a
Rank by revenue in sector#647 of 731 · Technology#609 of 731 · Technology

Over the years

Revenue
ADNH FY2020: $882.7KADNH FY2021: $7.1MADNH FY2022: $7.8MADNH FY2023: $1.5MADNH FY2024: $3.3MTOGI FY2021: $29TOGI FY2021: $5.3MTOGI FY2022: $5.5MTOGI FY2023: $4.2MTOGI FY2024: $4.9MTOGI FY2025: $7.2MFY20FY21FY22FY23FY24FY25
ADNH $3.3MTOGI $7.2M
Net income
ADNH FY2019: $21.5MADNH FY2020: -$3.1MADNH FY2021: -$20.5MADNH FY2022: -$74.3MADNH FY2023: -$71.4MADNH FY2024: -$41MTOGI FY2021: -$46.3KTOGI FY2021: -$1.8MTOGI FY2022: -$4.2MTOGI FY2023: -$4.8MTOGI FY2024: -$4MTOGI FY2025: -$2.1MFY19FY20FY21FY22FY23FY24FY25
ADNH -$41MTOGI -$2.1M
Net margin
ADNH FY2020: -353.6%ADNH FY2021: -290.3%ADNH FY2022: -948.5%ADNH FY2023: -4,648.2%ADNH FY2024: -1,251.3%TOGI FY2021: -159,579.3%TOGI FY2021: -34.2%TOGI FY2022: -76.4%TOGI FY2023: -115.1%TOGI FY2024: -80.9%TOGI FY2025: -29.2%FY20FY21FY22FY23FY24FY25
ADNH -1,251.3%TOGI -29.2%
Revenue growth
ADNH FY2021: +700.9%ADNH FY2022: +10.9%ADNH FY2023: -80.4%ADNH FY2024: +113.3%TOGI FY2021: +18,434,382.8%TOGI FY2022: +3.3%TOGI FY2023: -23.9%TOGI FY2024: +16.9%TOGI FY2025: +47.1%FY21FY22FY23FY24FY25
ADNH +113.3%TOGI +47.1%
Free cash flow
TOGI FY2021: -$12.6KTOGI FY2021: -$4.4MTOGI FY2022: -$2.9MTOGI FY2023: -$3.4MTOGI FY2024: -$2.7MTOGI FY2025: -$3MFY21FY22FY23FY24FY25
ADNHTOGI -$3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Advent Technologies and TurnOnGreen

Which is bigger by revenue, Advent Technologies or TurnOnGreen?

TurnOnGreen is bigger by revenue: $7.2M in fiscal 2025, against $3.3M for Advent Technologies in fiscal 2024.

Which keeps more of its revenue as profit, Advent Technologies or TurnOnGreen?

Advent Technologies had a net margin of -1,251.3% in fiscal 2024; TurnOnGreen had -29.2% in fiscal 2025.

Which grew revenue faster, Advent Technologies or TurnOnGreen?

In their latest fiscal years revenue changed by +113.3% at Advent Technologies and +47.1% at TurnOnGreen.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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