Adagene
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Adagene's past years’ income statements indicate that its last revenue has increased compared to the previous period by 95% to $18,111,491. The net income raised on -$18,946,370 and profit margin reached -105%. Total operating expenses were $41,831,357.
Profit Margin
| 2018 | 1.51M | -14.71M | -974.03% |
|---|---|---|---|
| 2019 | 480K | -17.29M | -3602.89% |
| 2020 | 480K | -16.43M | -3424.06% |
| 2021 | 10.17M | -73.17M | -719.18% |
| 2022 | 9.29M | -79.97M | -860.59% |
| 2023 | 18.11M | -18.94M | -104.61% |
ADAG Income Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 18.11M | 9.29M | 10.17M | 480K | 480K | 1.51M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 18.11M | 9.29M | 10.17M | 480K | 480K | 1.51M |
Operating exp. | ||||||
Research and development | 36.63M | 81.33M | 68.09M | 16.21M | 16.21M | 16.08M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 41.83M | 93.21M | 82.53M | 19.64M | 19.64M | 18.84M |
Operating income | -23.71M | -83.92M | -72.36M | -19.16M | -19.16M | -17.33M |
Other income (expenses), net | 6.46M | 4.40M | 887.76K | 754.37K | 2.73M | 2.06M |
Income before tax | -17.25M | -79.51M | -71.47M | -16.43M | -16.43M | -15.26M |
Income tax expense | 1.69M | 459.05K | 1.70M | 3.16K | 861.57K | -547.00K |
Net income | -18.94M | -79.97M | -73.17M | -16.43M | -17.29M | -14.71M |
Earnings per share | ||||||
Basic EPS | -0.43 | -1.85 | -1.83 | -0.47 | -0.39 | -0.43 |
Diluted EPS | -0.43 | -1.85 | -1.83 | -0.47 | -0.39 | -0.43 |
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