ADCORE INC. O.N. (ADQ) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.398x

Based on the latest financial reports, ADCORE INC. O.N. (ADQ) has a cash flow conversion efficiency ratio of 0.398x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€2.98 Million ≈ $3.49 Million USD) by net assets (€7.50 Million ≈ $8.76 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of ADCORE INC. O.N. to measure how much of total assets are equity-financed.

ADCORE INC. O.N. - Cash Flow Conversion Efficiency Trend (2021–2025)

This chart illustrates how ADCORE INC. O.N.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check ADCORE INC. O.N. (ADQ) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

ADCORE INC. O.N. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of ADCORE INC. O.N. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Spectrumone publ AB ST:SPEONE	-0.116x
Warehouse REIT plc LSE:WHR	0.027x
Comprehensive Healthcare Systems Inc V:CHS	-0.033x
Sentage Holdings Inc NASDAQ:SNTG	-0.060x
Avada Group Ltd AU:AVD	-0.227x
Alfa Financial Software Holdings PLC LSE:ALFA	0.350x
Heavy Rare EARTHS Ltd AU:HRE	-0.534x
SMIS Corporation Bhd KLSE:7132	-0.034x

Annual Cash Flow Conversion Efficiency for ADCORE INC. O.N. (2021–2025)

The table below shows the annual cash flow conversion efficiency of ADCORE INC. O.N. from 2021 to 2025. For the full company profile with market capitalisation and key ratios, see ADQ market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	€7.50 Million ≈ $8.76 Million	€1.59 Million ≈ $1.86 Million	0.212x	-27.12%
2024-12-31	€8.36 Million ≈ $9.78 Million	€2.43 Million ≈ $2.85 Million	0.291x	+204.21%
2023-12-31	€8.87 Million ≈ $10.37 Million	€849.00K ≈ $992.57K	0.096x	+136.57%
2022-12-31	€9.73 Million ≈ $11.38 Million	€-2.55 Million ≈ $-2.98 Million	-0.262x	-122.21%
2021-12-31	€12.20 Million ≈ $14.26 Million	€-1.44 Million ≈ $-1.68 Million	-0.118x	--

About ADCORE INC. O.N.

F:ADQ Germany Software - Application

Market Cap

$5.84 Million

€4.99 Million EUR

Market Cap Rank

#28289 Global

#2439 in Germany

Share Price

€0.08

Change (1 day)

-0.61%

52-Week Range

€0.07 - €0.16

All Time High

€2.00