Michael Filatov's questions to Ads-Tec Energy Public Ltd (ADSE) leadership • Q2 2022
Question
Representing Michael Filatov from Berenberg, an analyst asked for the H1 2022 revenue mix, the geographical split for the full-year unit sales forecast, and the potential impact of Europe's energy shortage on German operations.
Answer
CFO Wolfgang Breme provided the H1 revenue mix: EUR 0.6M from services and EUR 2M from commercial & industrial. CEO Thomas Speidel stated the 2022 unit sales forecast is split 'almost half and half' between Europe and the U.S. He also noted that while the energy shortage's full impact is unknown, it is currently acting as an accelerator for their C&I storage business and he does not expect significant, long-term power outages at their German facility.