6-K - ADSE - Equibles

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private IssuerPursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934

For the month of December 2023

Commission File Number 001-41188

ADS-TEC ENERGY PUBLIC LIMITED COMPANY

(Translation of registrant’s name into English)

10 Earlsfort Terrace

Dublin 2, D02 T380, Ireland

Telephone: +353 1 920 1000

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

ADS-TEC ENERGY PLC (the “Company”) is filing this Form 6-K solely to furnish its unaudited consolidated statement of cash flows and unaudited consolidated statement of changes in equity for the six months ended June 30, 2023, attached as Exhibit 99.1 hereto, which supplements the unaudited consolidated financial information for the six months ended June 30, 2023 included in the Company’s Form 6-K filed on October 26, 2023.

The information furnished in this Form 6-K, including the information contained in Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by a specific reference in such filing.

EXHIBIT INDEX

Exhibit No.	Description
99.1	Interim Consolidated Financial Information
101	The following materials from ADS-TEC ENERGY PLC’s Report on Form 6-K for the six months ended June 30, 2023, formatted in Inline XBRL (eXtensible Business Reporting Language): (i) Consolidated Statement of Cash Flows and (ii) Consolidated Statement of Changes in Equity.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: December 22, 2023	ads-tec Energy PLC
	By:	/s/ Wolfgang Breme
	Name:	Wolfgang Breme
	Title:	Chief Financial Officer

Exhibit 99.1

Consolidated statement of cash flows

For the six months ended June 30:

kEUR
Result for the period	-28,793	-7,309
Depreciation and amortization	2,417	2,010
Finance income	-136	-5,023
Non-cash effective foreign currency gains	154	-6,479
Finance expense	10,936	161
Stock compensation	529	1,192
Gain/loss on disposal of property, plant, and equipment	5	39
Change in trade receivables not attributable to investing or financing activities	-8,539	-5,620
Change in inventories	-8,912	-15,202
Change in trade payables	4,468	8,880
Change in contract assets	6	-222
Change in contract liabilities	-1,092	-1
Change in other investments and other assets	2,496	-1,345
Change in other provisions	904	91
Change in other liabilities	-1,911	-2,523
Cash flow from operating activities	-27,468	-31,351
Purchase of property, plant, and equipment	-1,430	-760
Investments in intangible assets, including internally generated intangible asset	-2,748	-2,568
Acquisition of investments in non-consolidated entities	-70	-
Interest received	136	10
Cash flow from investing activities	-4,112	-3,318
Proceeds from borrowings and shareholder contribution and loans	11,805	-
Repayment of loans and borrowings	-	-7,525
Payment of lease liabilities	-449	-280
Interest paid	-130	-161
Cash flow from financing activities	11,226	-7,966
Net decrease in cash and cash equivalents	-20,354	-42,635
Net cash and cash equivalents at the beginning of the period	34,441	101,813
FX effects	-123	6,542
Net cash and cash equivalents at the end of the period	13,964	65,720

Consolidated statement of changes in equity

For the six months ended June 30, 2023:

					Other reserves
							Currency		Total		Equity
	Subscribed		Capital		Retained		translation		other		attributable to		Total
kEUR	capital		reserves		earnings		reserve		reserves		shareholders		equity
Balance as of Jan. 01, 2023		4		216,815		-136,117		45		-136,072		80,747		80,747
Result for the period		0		0		-28,793		0		-28,793		-28,793		-28,793
Other comprehensive income (loss)		0		0		0		51		51		51		51
Total comprehensive income (loss)		0		0		-28,793		51		-28,742		-28,742		-28,742
Other changes in equity		0		0		0		0		0		0		0
Stock compensation		0		477		0		0		0		477		477
Total contributions and distributions		0		477		0		0		0		477		477
Balance as of Jun. 30, 2023		4		217,292		-164,910		95		-164,815		52,481		52,481

For the six months ended June 30, 2022:

					Other reserves
							Currency		Total		Equity
	Subscribed		Capital		Retained		translation		other		attributable to		Total
kEUR	capital		reserves		earnings		reserve		reserves		shareholders		equity
Balance as of Jan. 01, 2022		4		214,100		-117,211		-2		-117,213		96,891		96,891
Result for the period		0		0		-7,309		0		-7,309		-7,309		-7,309
Other comprehensive income		0		0		0		43		43		43		43
Total comprehensive income		0		0		-7,309		43		-7,266		-7,266		-7,266
Stock compensation		0		1,192		0		0		0		1,192		1,192
Total contributions and distributions		0		1,192		0		0		0		1,192		1,192
Balance as of Jun. 30, 2022		4		215,292		-124,520		41		-124,479		90,817		90,817