← ARGENX SE
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | — | — | — | ($163.0m) | — | — | — | — | — | — | |
| Amortization of intangible assets | $11k | $10k | $19k | $38k | $215k | $776k | $99.8m | $105.7m | $10.3m | $14.9m | |
| Depreciation of property, plant and equipment | $323k | $425k | $474k | $2.1m | $3.2m | $5.1m | $4.6m | $5.6m | $7.2m | $13.2m | |
| Adjustments For Share-Based Payments | $2.8m | $4.3m | $19.2m | $39.6m | $84.5m | $179.4m | $157.0m | $233.0m | $235.2m | $248.1m | |
| Expense recognized in respect of share-based payments | $2.8m | $4.3m | $19.2m | $39.6m | $84.5m | $179.4m | $157.0m | $233.0m | $235.2m | $248.1m | |
| Additional Financial Items | |||||||||||
| Adjustments For Current Tax Of Prior Period | — | — | — | — | $1.5m | ($398k) | ($12k) | $2.1m | $383k | ($13.2m) | |
| Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates | — | — | — | — | — | — | $677k | $4.4m | ($7.6m) | ($12.4m) | |
| General And Administrative Expense | $7.0m | $12.4m | $27.5m | $64.6m | $149.4m | $307.6m | $472.1m | $711.9m | $1.1b | — | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | — | $1.4m | $2.2m | $3.9m | $4.2m | $3.8m | $7.6m | $4.1m | |
| Proceeds From Issuing Shares | — | — | — | $502.2m | — | — | — | — | — | — | |
| Purchase Of Intangible Assets Classified As Investing Activities | $21k | $6k | $62k | $40.1m | $3.5m | $117.8m | $103.0m | $43.0m | $66.5m | $105.5m | |
| Operating profit/(loss) | ($21.4m) | ($22.9m) | ($81.8m) | ($178.6m) | ($417.8m) | ($348.7m) | ($720.3m) | ($425.0m) | ($21.7m) | $1.1b | |
| Provisions for employee benefits | $1k | $24k | ($18k) | $57k | $65k | $260k | $459k | $573k | $432k | $1.2m | |
| Fair value gains on financial assets at fair value through profit or loss | — | — | — | ($1.1m) | ($2.5m) | ($11.2m) | ($4.3m) | $0 | ($3.8m) | ($11.6m) | |
| Loss from investment in a joint venture | — | — | — | — | — | — | $677k | $4.4m | $7.6m | $12.4m | |
| Other non-cash expenses/(benefit) | — | — | — | — | — | — | $0 | $2.1m | ($277k) | $31.6m | |
| (Increase)/decrease in trade and other receivables | ($614k) | ($122k) | ($44k) | ($23.0m) | $19.8m | ($31.6m) | ($222.3m) | ($185.7m) | ($423.1m) | ($802.3m) | |
| (Increase)/decrease in inventories | — | — | — | — | ($20.5m) | ($83.9m) | ($119.3m) | ($83.0m) | ($96.0m) | ($99.0m) | |
| (Increase)/decrease in current prepaid expenses | — | — | — | — | — | — | — | ($58.1m) | ($54.1m) | ($140.0m) | |
| (Increase)/decrease in other current assets | ($2.6m) | ($1.1m) | ($800k) | ($5.2m) | ($13.8m) | ($31.0m) | ($18.3m) | ($59.0m) | ($56.2m) | ($5.7m) | |
| Increase/(decrease) in trade and other payables | $7.6m | $3.1m | $21.8m | $48.0m | $45.7m | $134.9m | $329k | $95.6m | $246.3m | $612.3m | |
| (Increase)/decrease in other non‑current assets | ($1.6m) | ($94k) | ($1.7m) | ($5.6m) | ($8.9m) | ($14.0m) | ($16.2m) | ($29.4m) | ($19.9m) | $14.2m | |
| (Increase)/decrease in non-current prepaid expense | — | — | — | — | — | — | $0 | ($47.3m) | $23.7m | ($2.2m) | |
| Purchase of intangible assets | ($21k) | ($6k) | ($62k) | ($40.1m) | ($3.5m) | ($117.8m) | ($103.0m) | ($43.0m) | ($66.5m) | ($105.5m) | |
| Purchase of current financial assets | — | — | — | — | — | — | ($1.7b) | ($1.3b) | ($2.2b) | ($1.4b) | |
| Sale of current financial assets | — | — | — | — | — | — | $1.3b | $1.5b | $1.4b | $2.4b | |
| Interest received | $73k | $375k | $1.4m | $5.5m | $7.1m | $2.6m | $13.1m | $92.8m | $111.6m | $162.7m | |
| Investment in a joint venture | — | — | — | — | — | — | ($2.0m) | ($13.0m) | ($7.0m) | ($6.5m) | |
| Principal elements of lease payments | — | — | — | ($1.4m) | ($2.2m) | ($3.9m) | ($4.2m) | ($3.8m) | ($7.6m) | ($4.1m) | |
| Proceeds from issue of new shares, gross amount | $46.0m | $327.7m | $255.7m | $678.9m | $731.5m | $1.1b | $761.0m | $1.2b | $0 | $0 | |
| Issue costs paid | ($1.8m) | ($23.0m) | ($14.7m) | ($23.0m) | ($551k) | ($528k) | ($781k) | ($821k) | $0 | $0 | |
| Exchange (losses)/gains from currency conversion on proceeds from issue of new shares | — | — | $1.4m | — | $62k | $966k | $410k | ($1.5m) | $0 | $0 | |
| Payment of employee withholding taxes relating to restricted stock unit awards | — | — | — | — | — | — | ($5.9m) | ($12.1m) | ($21.9m) | ($41.3m) | |
| Proceeds from exercise of stock options | $493k | $679k | $2.3m | $4.8m | $19.1m | $33.4m | $93.2m | $158.3m | $309.3m | $278.4m | |
| Profit or Loss | ($21.4m) | ($28.1m) | ($66.6m) | ($163.0m) | ($528.9m) | ($408.3m) | ($709.6m) | ($295.1m) | $833.0m | $1.3b | |
| Purchase of property, plant and equipment | ($840k) | ($345k) | ($622k) | ($1.6m) | ($949k) | ($3.6m) | ($837k) | ($812k) | ($1.8m) | ($6.2m) | |
| Net cash flows from/(used in) investing activities | ($806k) | ($162.1m) | ($107.5m) | ($744.3m) | $310.2m | ($347.1m) | ($461.2m) | $308.2m | ($717.6m) | $984.0m | |
| Net cash flows from financing activities | $44.6m | $305.4m | $244.7m | $659.4m | $747.9m | $1.1b | $843.8m | $1.3b | $279.8m | $233.0m | |
| Increase/(decrease) in cash and cash equivalents | $54.4m | $106.8m | $83.3m | $49.6m | $711.8m | $167.5m | ($480.2m) | $1.2b | ($520.6m) | $1.9b | |
| Cash and cash equivalents at the beginning of the year | $89.9m | $190.9m | $281.0m | $331.3m | $991.6m | $1.3b | $800.7m | $2.0b | $1.5b | $3.5b | |
| Exchange gains/(losses) on cash and cash equivalents | ($31k) | ($5.8m) | $6.9m | $637k | ($51.5m) | ($49.6m) | ($53.7m) | $23.5m | ($28.3m) | $89.1m | |
| Interest Paid Classified As Operating Activities | — | — | — | $124k | $349k | $684k | $851k | $211k | $392k | $900k | |
| Income Taxes Paid Refund Classified As Operating Activities | — | — | ($565k) | ($4.4m) | ($2.5m) | $15.8m | $24.1m | $37.5m | ($7.8m) | $254.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.