v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Evaluates Segmental Performance

ADSE evaluates segmental performance based on segment revenue and segment earnings before interest, taxes, depreciation and amortization (EBITDA). Inter-segment sales are priced along the same lines as sales to external customers.

 

kEUR   Jun. 30, 2025  
    Europe     North America     Total reportable segments     Eliminations     Total
Group		  
External revenues     13,790       825       14,614       -       14,614  
Inter-segment revenues     4,250       -       4,250       -4,250       -  
Total revenue     18,039       825       18,864       -4,250       14,614  
                                         
Earnings before interest, taxation, depreciation and amortization (EBITDA)     -25,164       -1,425       -26,589       -       -26,589  
Depreciation and amortization     -3,346       -80       -3,426       -       -3,426  
Operating result (EBIT)     -28,510       -1,506       -30,015      
 
       -30,015  
Financial income     38,611       132       38,743       -456       38,287  
Financial costs     -6,916       -16,696       -23,613       456       -13,157  
Financial result     31,694       -16,565       15,130       -       15,130  
Profit/Loss before tax     3,185       -18,070       -14,885       -       -14,885  
Income tax expenses     120       -1       120       -       120  
Profit/Loss for the year     3,305       -18,071       -14,766       -       -14,766  
kEUR   Jun. 30, 2024  
    Europe     North America     Total reportable segments     Eliminations     Total Group  
External revenues     77,118       1,227       78,346       -       78,346  
Inter-segment revenues     1,227       -       1,227       -310       917  
Total revenue     78,346       1,227       79,573       -310       79,263  
                                         
Earnings before interest, taxation, depreciation and amortization (EBITDA)     334       -1,734       -1,400       -       -1,400  
Depreciation and amortization     -3,517       -44       -3,561       -       -3,561  
Operating result (EBIT)     -3,183       -1,778       -4,960               -4,960  
Financial income     23       -       23       -       23  
Financial costs     -34,773       -4,663       -39,436       -       -39,436  
Financial result     -34,750       -4,663       -39,413       -       -39,413  
Loss before tax     -37,932       -6,441       -44,373       -       -44,373  
Income tax expenses     -786       0       -786       -       -786  
Loss for the year     -38,718       -6,441       -45,159       -       -45,159  
Schedule of Total Non-Current Assets of Both Reportable Segments

Total non-current assets of both reportable segments can be broken down as follows:

 

kEUR   Jun. 30,
2025		     Dec. 31,
2024		  
Europe     76,526       78,109  
North America     -6,491       -6,328  
Eliminations     -41,593       -41,593  
Total non-current assets     28,442       30,188  
Schedule of Total Current Assets

Total current assets of both reportable segments can be broken down as follows:

 

kEUR   Jun. 30,
2025		     Dec. 31,
2024		  
Europe     139,724       108,877  
North America     42,626       33,870  
Eliminations     -77,689       -27,705  
Total current assets     104,662       115,042  
Schedule of Total Liabilities

Total liabilities of both reportable segments can be broken down as follows:

 

kEUR   Jun. 30,
2025		     Dec. 31,
2024		  
Europe     107,495       182,960  
North America     49,317       10,697  
Eliminations     -8,797       -5,618  
Total liabilities     148,015       188,039  
Schedule of Total Revenues

Total revenues of both reportable segments can be broken down as follows:

 

kEUR   Jun. 30,
2025		     Jun. 30,
2024		  
Europe     18,039       78,346  
North America     825       1,227  
Eliminations     -4,250       -310  
Total revenues     14,614       79,263