Ads-Tec Energy (ADSE) shares have rallied 77.5% this year and near record highs in an industry full of a lot of stocks that have fallen on hard times. ADSE shares forming a weekly flag looking to clear the $13 level.

ADSE’s vision is to accelerate the transition from a primarily fossil-based economy to a majority all-electric, carbon (CO2) neutral economy by supplying intelligent and scalable battery-based ecosystem platforms consisting of hardware, software and services upon which our customers can operate their individual energy-related business models in the areas of electric vehicle (EV) ultra-fast charging on power limited grids, residential sector coupling, and a wide range of commercial and industrial applications. Its platforms consist of hardware, software and services and are designed to provide key functions such as flexibility (energy storage with a battery), intelligent energy- and data management, as well as a wide range of related and recurring digital and physical services. The ADSE charging product portfolio offers battery-supported fast charging solutions for electromobility with up to 320 kW charging power. The combination with energy storage enables applications in areas where the grid performance is insufficient to directly provide ultra-fast charging. ADSE offers stationary (ChargeBox), semi-mobile (ChargePost) and mobile solutions (ChargeTrailer, a mobile ultra-high-power charging park with 10 DC outlets per trailer).

ADSE has developed a solution to provide a quick charge within minutes with up to 320kW which will enable ultra-high charging power on a lower power grid connection starting from 22/50 kW subject to local regulation. Its charger works with an internal battery buffer. The buffer will be filled from the existing grid at a lower power rate. As soon as the car shows up to get recharged, the available grid power can be boosted up to 320kW by using the buffered energy in the charger. Battery-buffered charging can reduce peak power demand by 65% vs. common DC chargers.

ADSE has a market cap of $642M and trades 2.9X EV/Sales. Estimates have been rising sharply this year with FY26 revenues now forecasted near $420M expected to grow 48% in FY25 and 35.7% in FY26. EBITDA is seen positive in FY24 and rising to $74M in FY26 from $5.6M in FY24. ADSE signed a worldwide services agreement with Porsche in May. ADSE has over 1,500 battery-powered charging points installed.

ADSE has virtually no Analyst coverage and trades just 75,000 shares per day. The company will host a business update and results on 9-12.