Financials in USD. Standardized financial statements.
A compact view of how Adagene Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $7.67M | $103,204 | $18.11M | $9.29M | $10.18M | $480,000 | $480,000 | $1.51M |
| Revenue Growth? | +7332.8% | -99.4% | +94.9% | -8.7% | +2019.8% | 0.0% | -68.2% | 0.0% |
| Cost of Revenue? | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit? | $7.67M | -$823,044 | $18.11M | $9.29M | $10.18M | $480,000 | $480,000 | $1.51M |
| Gross Margin? | +100.0% | -797.5% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% |
| Operating Expenses? | $29.11M | $36.05M | $41.83M | $93.21M | $82.54M | $19.65M | $19.65M | $18.85M |
| Operating Income? | -$21.44M | -$35.95M | -$23.72M | -$83.92M | -$72.36M | -$19.17M | -$19.17M | -$17.33M |
| EBITDA? | -$16.85M | -$31.66M | -$14.95M | -$77.39M | -$69.99M | -$41.34M | -$15.48M | -$14.27M |
| Income Before Tax | -$17.91M | -$33.44M | -$17.25M | -$79.51M | -$71.48M | -$16.43M | -$16.43M | -$15.27M |
| Income Tax Expense | -$297,860 | -$17,553 | $1.69M | $459,055 | $1.70M | $3,164 | $0 | -$547,003 |
| Net Income? | -$17.61M | -$33.42M | -$18.95M | -$79.97M | -$73.18M | -$16.44M | -$17.29M | -$14.72M |
| EPS? | $-0.46 | $-0.95 | $-0.55 | $-2.31 | $-2.29 | $-0.59 | $-0.49 | $-1.51 |
| Diluted EPS? | $-0.46 | $-0.95 | $-0.54 | $-2.31 | $-2.29 | $-0.59 | $-0.49 | $-1.51 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality