Abivax S.A.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Net Income ($60.7m)
($147.7m) -143.23%
($176.2m) -19.29%
($336.1m) -90.70%
($332.2m) +1.16%
Net loss for the period ($42.5m) ($60.7m) ($147.7m) ($176.2m) ($336.1m)
Profit or Loss ($60.7m) ($147.7m) ($176.2m) ($336.1m)
Amortization of intangibles and depreciation of property, plant and equipment $302k $485k $707k $1.1m $1.1m $0
Amortization Cash Flow $156k $309k $0
Amortization Of Intangibles $156k $309k $0 $0
Depreciation $708k $708k
Depreciation Amortization Depletion $485k $707k $1.1m $1.1m $1.2m
Current and deferred taxes expenses $0 $0 $5.8m
Deferred Income Tax $0 $0 $5.8m $6.1m
Adjustments For Share-Based Payments ($1.2m) $8.2m $20.2m $35.4m
Share-based compensation expenses $828k ($1.2m) $8.2m $20.2m $35.4m $53.3m
Asset Impairment Charge $0 $13.6m $0 $0 $0
Changes in working capital requirements ($667k) ($2.0m) $21.3m $1.4m $3.7m
Change In Working Capital ($2.0m) $21.3m $1.4m $3.7m ($10.3m)
Decrease / (increase) in other receivables and related accounts ($2.0m) $312k ($14.2m) $4.6m $7.0m
Change In Receivables $312k ($14.2m) $4.6m $7.0m $5.7m
Increase / (decrease) in trade payables $1.1m ($2.4m) $31.8m ($3.4m) ($6.2m)
Other $0 $0 $160k $245k $300k
Changes in deferred income and other liabilities ($41k) ($26k) ($81k) $1.8m $710k
Change In Other Current Assets $168k ($32k) $3.7m $3.7m
Acquisitions of property, plant and equipment ($47k) ($288k) ($265k) ($640k) ($142k)
Capital Expenditure ($323k) ($265k) ($643k) ($142k) ($152k)
Acquisitions of intangible assets $0 ($35k) $0 ($3k) $0
Net Other Investing Changes ($8.8m) ($10.2m) $8.2m ($13.6m) ($13.6m)
Proceeds From Borrowings Classified As Financing Activities $125.0m $175.0m
Issuance Of Debt $0 $55.8m $47.9m $0 $23k
Long Term Debt Issuance $0 $55.8m $47.9m $0 $23k
Net Issuance Payments Of Debt ($9.7m) $15.2m $37.5m ($59.5m) ($53.8m)
Net Long Term Debt Issuance ($9.7m) $15.2m $37.5m ($59.5m) ($53.8m)
Long Term Debt Payments ($9.7m) ($40.6m) ($10.5m) ($59.5m) ($53.8m)
Repayment Of Debt ($9.7m) ($40.6m) ($10.5m) ($59.5m) ($53.8m)
Issuance Of Capital Stock $46.4m $353.4m $434k $648.1m $648.1m
Common Stock Issuance $46.4m $353.4m $434k $648.1m $648.1m
Cash Dividends Paid $0 $0 $0 $0 $0
Net Other Financing Charges ($437k) ($28.1m) ($2.0m) ($40.6m) ($40.6m)
Increase (decrease) in cash and cash equivalents $31.4m ($33.8m) $225.0m ($107.7m) $372.5m
Beginning Cash Position $60.7m $26.9m $251.9m $144.2m $103.6m
Cash and cash equivalents at the beginning of the year $29.3m $60.7m $26.9m $251.9m $144.2m $516.7m
Effect of movements in exchange rates on cash held $0 $0 ($5.1m) $2.4m ($10.3m)
Effect Of Exchange Rate Changes $0 ($5.1m) $2.4m ($10.3m) $1.1m
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Interest expenses and other financial expenses $3.6m $7.0m $24.8m $14.2m $45.7m
Additional Financial Items
Adjustments For Increase Decrease In Trade Account Payable ($2.4m) $31.8m ($3.4m) ($6.2m)
General And Administrative Expense $7.5m $22.4m $32.9m $67.7m
Goodwill $18.4m $18.4m $18.4m $18.4m $0
Increase Decrease In Working Capital $2.0m ($21.3m) ($1.4m) ($3.7m) ($10.3m)
Payments Of Lease Liabilities Classified As Financing Activities $301k $529k $458k $911k
Proceeds From Issuing Shares $46.2m $353.4m $0 $648.1m
Purchase Of Intangible Assets Classified As Investing Activities $35k $0 $3k $0
Retirement benefit obligations $117k $143k $109k $74k ($65k)
Net gain on sale of treasury shares $0 ($108k) ($34k) ($16k) $0
Financial income $0 ($288k) ($3.0m) ($11.6m) ($23.8m)
Effect of unwinding the discount related to advances $1.9m ($2k) ($355k) ($710k) ($153k)
Increase/(decrease) in derivatives and liabilities measured at fair value ($2.4m) ($10.8m) ($1.2m) $1.4m $62.3m
Forgiveness of conditional advances $0 $0 ($4.1m) $0
Changes in provisions $0 $0 $44.7m
Increase / (decrease) in tax and social security liabilities $209k $100k $3.8m ($1.5m) $2.1m
Advances reimbursed by / (made to) CROs ($1.6m) ($231k) $71k
Increase in deposits ($142k) ($9.4m) ($591k) ($14.2m)
Decrease in deposits $0 $218k $741k $9.1m $500k
Interest received $0 $19k $2.4m $8.2m $5.5m $5.1m
Capital increases $69.7m $46.2m $353.4m $0 $648.1m
Transaction costs related to capital increase ($4.2m) ($3.3m) ($28.1m) $446k ($40.9m)
Net proceeds from non-convertible bond loans $0 $0 $47.9m $0
Repayments of non-convertible bond loans ($9.4m) ($11.6m) $0 ($53.9m)
Net proceeds from convertible loan notes $24.9m $0 $55.8m $0 $0
Repayments of convertible loan notes $0 $0 ($27.2m) ($8.8m) ($2.2m)
Repayment of PGE $0 $0 ($1.2m) ($1.2m) ($2.5m)
Repayments of conditional advances ($70k) ($90k) ($110k) ($2.7m) $0
Payments of the lease liabilities ($249k) ($301k) ($529k) ($458k) ($911k)
Net proceeds from sale of treasury shares $0 $143k $10k $434k $0
Exercise of warrants $0 $3k $3k $0 $5.8m
Cash Flow From Continuing Financing Activities $32.2m $335.3m $28.2m $547.3m $555.2m
Cash Flow From Continuing Investing Activities ($12.0m) ($8.1m) $15.8m ($8.2m) ($8.8m)
Change In Account Payable ($2.4m) $31.8m ($3.4m) ($6.2m) ($27.0m)
Change In Income Tax Payable $100k $3.8m ($1.5m) $2.1m $10.3m
Change In Other Working Capital ($26k) ($81k) $1.8m $710k $710k
Change In Payable ($2.3m) $35.6m ($4.9m) ($4.1m) ($27.0m)
Change In Tax Payable $100k $3.8m ($1.5m) $2.1m $10.3m
Changes In Cash ($33.8m) $230.1m ($110.1m) $382.7m $372.8m
End Cash Position $26.9m $251.9m $144.2m $516.7m $476.4m
Financing Cash Flow $32.2m
$335.3m +940.92%
$28.2m -91.59%
$547.3m +1840.32%
$555.2m +1.45%
Free Cash Flow ($54.3m) ($97.4m) ($154.7m) ($161.3m) ($178.5m)
Gain Loss On Investment Securities ($10.9m) ($1.2m) $1.4m $62.3m $62.3m
Investing Cash Flow ($12.0m) ($8.1m) $15.8m ($8.2m) ($8.8m)
Net Business Purchase And Sale ($2.2m) ($2.9m) $0 $0 $80k
Net Foreign Currency Exchange Gain Loss $0 $0 $5.6m $5.6m
Net Intangibles Purchase And Sale ($35k) $0 ($3k) $0 $0
Net PPE Purchase And Sale ($288k) ($265k) ($640k) ($142k) ($152k)
Operating Gains Losses ($10.8m) ($1.1m) $1.5m $62.3m $61.2m
Other Cash Adjustment Inside Changein Cash $0 $0 $4.7m
Other Cash Adjustment Outside Changein Cash ($3k) ($1k)
Other Non Cash Items $6.6m $21.5m ($2.1m) $22.0m
Pension And Employee Benefit Expense $143k $109k $74k ($65k) ($67k)
Proceeds From Stock Option Exercised $3k $0 $0 $5.8m $6.3m
Provisionand Write Offof Assets $0 $0 $44.7m $32.4m
Purchase Of Business ($2.2m) ($2.9m) $0 $0 $0
Purchase Of Intangibles ($35k) $0 ($3k) $0 $0
Purchase Of PPE ($288k) ($265k) ($640k) ($142k) ($152k)
Stock Based Compensation ($1.2m) $8.2m $20.2m $35.4m $53.3m
Net Investment Purchase And Sale ($9k) ($470k) ($8.6m) $0
Purchase Of Investment ($9k) ($470k) ($9.4m) ($9.4m)
Sale Of Investment $0 $218k $741k $0
Revaluation of cash equivalents measured at fair value $0 $0 $4.7m
Change In Cash Supplemental As Reported ($33.8m) $225.0m ($107.7m) $372.5m
Interest Paid Classified As Financing Activities ($1.9m) $4.0m $5.3m $7.7m $6.5m
Income Taxes Paid Refund Classified As Operating Activities $0 $0 $0 $0