Adagene, Inc. is a clinical-stage biopharmaceutical company, which engages in the discovery and development of novel antibody-based cancer immunotherapies. The company is headquartered in Suzhou, Jiangsu and currently employs 138 full-time employees. The company went IPO on 2021-02-09. The firm is principally engaged in the research, development and production of monoclonal antibody drugs for cancers. The Company’s main products include: ADG106 is being developed for the treatment of advanced solid tumors and non-Hodgkin's lymphoma, or NHL. ADG126 is designed to address the toxicity and efficacy issues related to the MOA of existing approved CTLA-4 immuno-oncology therapies and to expand the potential of CTLA-4 as a target for the treatment of cancer. ADG116 is designed to target a unique conserved epitope of CTLA-4. And ADG104, a monospecific antibody that targets PD-L1 and is in Phase Ib and Phase II clinical trials concurrently in China.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
0
0
18
9
10
0
Revenue Growth (YoY)
--
-100%
100%
-10%
--
--
Cost of Revenue
--
--
--
--
--
--
Gross Profit
--
--
--
--
--
--
Selling, General & Admin
7
7
8
11
14
10
Research & Development
26
28
36
81
68
33
Operating Expenses
33
36
41
93
82
43
Other Non Operating Income (Expenses)
0
0
1
2
1
0
Pretax Income
-29
-33
-17
-79
-71
-42
Income Tax Expense
0
0
1
0
1
0
Net Income
-29
-33
-18
-79
-73
-42
Net Income Growth
-6%
83%
-77%
8%
74%
163%
Shares Outstanding (Diluted)
58.89
56.28
54.73
54.14
50.03
43.85
Shares Change (YoY)
7%
3%
1%
8%
14%
-17%
EPS (Diluted)
-0.51
-0.59
-0.34
-1.48
-1.46
-0.97
EPS Growth
-11%
72%
-77%
1%
51%
202.99%
Free Cash Flow
-27
-29
-28
-49
-45
-29
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
--
--
--
--
--
--
Operating Margin
0%
0%
-127.77%
-922.22%
-720%
0%
Profit Margin
0%
0%
-100%
-877.77%
-730%
0%
Free Cash Flow Margin
0%
0%
-155.55%
-544.44%
-450%
0%
EBITDA
-33
-35
-23
-82
-71
-43
EBITDA Margin
0%
0%
-127.77%
-911.11%
-710%
0%
D&A For EBITDA
0
0
0
1
1
0
EBIT
-33
-35
-23
-83
-72
-43
EBIT Margin
0%
0%
-127.77%
-922.22%
-720%
0%
Effective Tax Rate
0%
0%
-5.88%
0%
-1.4%
0%
Follow-Up Questions
What are Adagene Inc's key financial statements?
According to the latest financial statement (Form-10K), Adagene Inc has a total asset of $89, Net loss of $-33
What are the key financial ratios for ADAG?
Adagene Inc's Current ratio is 2.34, has a Net margin is 0, sales per share of $0.
How is Adagene Inc's revenue broken down by segment or geography?
Adagene Inc largest revenue segment is Monoclonal Antibody Drugs, at a revenue of 103,204 in the most earnings release.For geography, China is the primary market for Adagene Inc, at a revenue of 103,204.
Is Adagene Inc profitable?
no, according to the latest financial statements, Adagene Inc has a net loss of $-33
Does Adagene Inc have any liabilities?
yes, Adagene Inc has liability of 38
How many outstanding shares for Adagene Inc?
Adagene Inc has a total outstanding shares of 58.88