Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 103.20K | 103.20K | 18.11M | 9.29M | 10.18M | 480.00K |
Gross Profit | -1.12M | -823.04K | 18.11M | 9.29M | 10.18M | 480.00K |
EBITDA | -35.59M | -31.66M | -14.95M | -77.39M | -69.99M | -41.34M |
Net Income | -38.43M | -33.42M | -18.95M | -79.97M | -73.18M | -16.44M |
Balance Sheet | ||||||
Total Assets | 66.52M | 89.27M | 115.73M | 152.40M | 189.51M | 84.26M |
Cash, Cash Equivalents and Short-Term Investments | 62.83M | 85.19M | 109.93M | 143.76M | 174.39M | 75.15M |
Total Debt | 6.85M | 18.49M | 22.31M | 27.97M | 7.49M | 7.98M |
Total Liabilities | 28.61M | 38.74M | 45.17M | 69.31M | 32.95M | 173.65M |
Stockholders Equity | 37.91M | 50.52M | 70.56M | 83.09M | 156.56M | -89.39M |
Cash Flow | ||||||
Free Cash Flow | -34.20M | -29.73M | -28.54M | -49.30M | -45.92M | -29.46M |
Operating Cash Flow | -34.17M | -29.70M | -28.45M | -48.61M | -43.41M | -28.53M |
Investing Cash Flow | 905.09K | 1.11M | -77.36K | -686.05K | -2.51M | 7.07M |
Financing Cash Flow | -6.43M | 3.77M | -5.37M | 17.82M | 145.36M | 4.44M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
52 Neutral | 142.05M | -1.15 | -26.41% | ― | -45.35% | 96.80% | |
52 Neutral | 198.35M | -1.19 | -58.95% | ― | -72.45% | -28.60% | |
49 Neutral | 94.64M | -0.57 | -185.15% | ― | ― | 1.80% | |
45 Neutral | $95.68M | ― | -63.24% | ― | -87.65% | 11.76% | |
36 Underperform | 270.54M | -1.73 | ― | ― | ― | 38.94% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% |
On August 12, 2025, Adagene Inc. announced its financial results for the first half of 2025, highlighting significant advancements in its clinical programs and strategic partnerships. The company reported promising data from its Phase 1b/2 trial of ADG126 in combination with Merck’s KEYTRUDA® for microsatellite stable colorectal cancer, showing a median overall survival of 19.4 months in the 10 mg/kg dose cohort. Additionally, Adagene has aligned with the FDA on the design elements for upcoming Phase 2 and Phase 3 trials, with plans to begin patient enrollment in the second half of 2025. The company also secured a strategic investment of up to $25 million from Sanofi, extending its cash runway into 2027, and entered into a partnership with ConjugateBio for the development of bispecific ADCs.
Adagene Inc. announced a regulatory update on its clinical development plan for muzastotug (ADG126) following a productive Type B meeting with the FDA. The company has aligned on Phase 2 trial criteria and expects to begin patient enrollment in the second half of 2025. The trial will evaluate ADG126 in combination with Merck’s KEYTRUDA® for microsatellite stable colorectal cancer. The FDA’s endorsement allows Adagene to explore higher doses of ADG126, which have shown promising efficacy and safety profiles. This advancement is a critical step towards a registrational trial for FDA approval, potentially enhancing Adagene’s positioning in the oncology therapeutics market.
Adagene Inc. announced a strategic investment of up to $25 million from Sanofi, with the first closing of $17 million expected on July 2, 2025. The investment will support the development of Adagene’s anti-CTLA-4 SAFEbody, muzastotug, in a phase 2 trial for colorectal cancer. Sanofi also exercised its option for a third SAFEbody discovery program, highlighting the potential of Adagene’s platform. The collaboration is expected to extend Adagene’s cash runway into 2027, with a Sanofi representative joining Adagene’s Scientific Advisory Board.