ADAG
Income statement / Annual
Last year (2023), Adagene Inc.'s total revenue was $18.11 M,
an increase of 94.90% from the previous year.
In 2023, Adagene Inc.'s net income was -$18.95 M.
See Adagene Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$18.11 M
|
$9.29 M
|
$10.18 M
|
$480,000.00
|
$480,000.00
|
$1.51 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$18.11 M |
$9.29 M |
$10.18 M |
$480,000.00 |
$480,000.00 |
$1.51 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$35.44 M
|
$81.34 M
|
$68.10 M
|
$16.21 M
|
$16.21 M
|
$16.08 M
|
| General & Administrative
Expenses |
$8.67 M
|
$11.87 M
|
$14.44 M
|
$3.44 M
|
$3.44 M
|
$2.77 M
|
| Selling & Marketing
Expenses |
$13,514.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$8.67 M
|
$11.87 M
|
$14.44 M
|
$3.44 M
|
$3.44 M
|
$2.77 M
|
| Other Expenses |
$1.84 M |
$2.17 M |
$1.78 M |
$723,476.00 |
$723,476.00 |
$901,713.00 |
| Operating Expenses |
$44.12 M |
$93.21 M |
$82.54 M |
$19.65 M |
$19.65 M |
$18.85 M |
| Cost And Expenses |
$45.31 M |
$93.21 M |
$82.54 M |
$19.65 M |
$19.65 M |
$18.85 M |
| Interest Income |
$4.28 M |
$377,501.00 |
$76,166.00 |
$922,680.00 |
$922,680.00 |
$710,711.00 |
| Interest Expense |
$1.11 M |
$693,323.00 |
$363,762.00 |
$138,096.00 |
$138,096.00 |
$91,085.00 |
| Depreciation &
Amortization |
$1.20 M
|
$1.43 M
|
$1.13 M
|
$858,408.00
|
$816,686.00
|
$909,002.00
|
| EBITDA |
-$26.00 M
|
-$81.37 M
|
-$70.51 M
|
-$17.52 M
|
-$16.71 M
|
-$14.81 M
|
| EBITDA Ratio |
-1.44 |
-8.76 |
-6.93 |
-36.51 |
-34.81 |
-9.8 |
| Operating Income Ratio
|
-1.5
|
-9.03
|
-7.11
|
-39.94
|
-39.94
|
-11.47
|
| Total Other
Income/Expenses Net |
$9.95 M
|
$4.41 M
|
$887,767.00
|
$2.74 M
|
$2.74 M
|
$2.07 M
|
| Income Before Tax |
-$17.25 M |
-$79.51 M |
-$71.48 M |
-$16.43 M |
-$16.43 M |
-$15.27 M |
| Income Before Tax Ratio
|
-0.95
|
-8.56
|
-7.02
|
-34.23
|
-34.23
|
-10.1
|
| Income Tax Expense |
$1.69 M |
$459,055.00 |
$1.70 M |
$3,164.00 |
$861,572.00 |
-$547,003.00 |
| Net Income |
-$18.95 M |
-$79.97 M |
-$73.18 M |
-$16.44 M |
-$17.29 M |
-$14.72 M |
| Net Income Ratio |
-1.05 |
-8.61 |
-7.19 |
-34.24 |
-36.03 |
-9.74 |
| EPS |
-0.43 |
-1.85 |
-1.83 |
-0.47 |
-0.39 |
-0.43 |
| EPS Diluted |
-0.43 |
-1.85 |
-1.83 |
-0.47 |
-0.39 |
-0.43 |
| Weighted Average Shares
Out |
$43.79 M
|
$43.31 M
|
$40.03 M
|
$35.08 M
|
$44.17 M
|
$34.41 M
|
| Weighted Average Shares
Out Diluted |
$43.79 M
|
$43.31 M
|
$40.03 M
|
$35.08 M
|
$44.17 M
|
$34.41 M
|
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