← PTC THERAPEUTICS, INC.
| 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: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | ($142.1m) | ($79.0m) | ($128.1m) | ($251.6m) | ($438.2m) | ($523.9m) | ($559.0m) | ($626.6m) | ($363.3m) | $682.6m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($142.1m) | ($79.0m) | ($128.1m) | ($251.6m) | ($438.2m) | ($523.9m) | ($559.0m) | ($626.6m) | ($363.3m) | $682.6m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($142.1m) | — | — | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $3.3m | $17.7m | $26.1m | $32.2m | $43.5m | $64.1m | $128.8m | $236.6m | $75.7m | $38.8m | |
| Depreciation | $3.3m | $2.3m | $2.6m | $4.7m | $6.6m | $9.4m | $12.3m | $13.9m | $14.9m | $14.2m | |
| Amortization of Debt Issuance Costs | $302k | $433k | $524k | $694k | $1.0m | $1.8m | $1.9m | $1.9m | $1.2m | $1.2m | |
| Amortization of Intangible Assets | — | $15.4m | $22.9m | $27.6m | $36.9m | $54.8m | $116.6m | $222.6m | $60.7m | $24.7m | |
| Deferred Income Tax Expense (Benefit) | ($199k) | $199k | $0 | $8.8m | $5.9m | $377k | ($34.3m) | ($46.9m) | ($55.9m) | ($3k) | |
| Share-based Payment Arrangement, Noncash Expense | $35.0m | $30.6m | $33.3m | $42.1m | $70.3m | $103.5m | $110.3m | $101.6m | $74.6m | $74.5m | |
| Share-based Payment Arrangement, Expense | $35.0m | $30.6m | $33.3m | $42.1m | $70.3m | $103.5m | $110.3m | $101.6m | $74.6m | $74.5m | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | $0 | $0 | $33.4m | $217.8m | $159.5m | — | |
| Gain (Loss) on Disposition of Assets | $0 | ($5k) | ($2k) | ($312k) | ($16k) | — | ($80k) | ($806k) | — | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | — | — | — | ($345k) | ($163k) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | — | — | ($4.3m) | ($130k) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | ($137.6m) | — | — | |
| Income Tax Expense (Benefit) | $569k | $1.3m | ($29k) | $11.7m | $35.2m | $5.6m | ($28.5m) | ($69.5m) | $176k | $14.0m | |
| Operating Lease, Expense | — | — | $2.7m | $6.0m | $15.3m | $21.4m | $25.2m | $29.0m | $24.9m | $21.1m | |
| Other Nonoperating Income (Expense) | ($1.2m) | ($1.3m) | $129k | $13.7m | $85.2m | ($57.9m) | ($49.2m) | $10.1m | $6.5m | ($18.1m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | — | $6.5m | $5.8m | $3.5m | ($1.8m) | ($1.8m) | $6.7m | $8.2m | ($6.2m) | $53.9m | |
| Proceeds from Stock Options Exercised | $968k | $2.2m | $10.9m | $18.3m | $70.2m | $17.3m | $14.6m | $24.0m | $28.6m | $93.1m | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | — | — | — | ($622k) | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | — | $4.4m | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | ($2.2m) | $14.3m | $1.7m | ($8.0m) | $2.5m | $2.6m | $4.0m | |
| Foreign Currency Transaction Gain (Loss), Realized | $1.2m | ($459k) | ($59k) | ($11.6m) | ($57.0m) | $47.4m | ($16.9m) | ($14.1m) | ($10.4m) | $3.4m | |
| Foreign Currency Transaction Gain (Loss), Unrealized | ($1.2m) | $459k | $59k | $11.6m | $57.0m | ($47.4m) | ($13.3m) | $14.1m | $10.4m | ($3.4m) | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | — | — | — | $2.2m | — | |
| General and Administrative Expense | $97.1m | $121.3m | — | — | — | — | — | — | — | — | |
| Goodwill | — | — | $82.3m | $82.3m | $82.3m | $82.3m | $82.3m | $82.3m | $82.3m | $82.3m | |
| Inventory Write-down | — | — | $1.8m | $400k | $500k | $2.2m | $1.7m | $12.5m | $13.2m | $5.2m | |
| Operating Expenses | $214.8m | $258.7m | $380.4m | $548.1m | $812.5m | $913.0m | $1.1b | $1.4b | $1.1b | $863.7m | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $264.7m | $307.0m | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | $2.2m | ($14.3m) | $6.1m | $3.6m | $1.5m | ($7.7m) | ($5.7m) | |
| Net Cash Provided by (Used in) Operating Activities | ($103.6m) | ($10.1m) | ($27.6m) | ($98.6m) | ($194.1m) | ($251.3m) | ($356.7m) | ($158.4m) | ($107.7m) | $711.2m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.8m | $3.1m | $7.1m | $13.8m | $17.8m | $28.2m | $32.0m | $28.4m | $6.5m | $8.9m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $48.9m | $0 | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | $104.5m | $13.1m | ($42.6m) | ($387.2m) | ($561.5m) | $219.2m | $290.2m | ($176.7m) | $44.2m | ($862.0m) | |
| Cash flows from financing activities: | |||||||||||
| Repayments of Long-term Debt | $0 | — | — | — | — | — | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $0 | — | $117.9m | $323.8m | $28.1m | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $968k | $44.2m | $131.6m | $613.2m | $668.7m | $20.9m | $168.0m | $646.4m | $255.9m | $331.1m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($1.6m) | $6.2m | ($3.6m) | ($1.3m) | $7.7m | ($7.8m) | ($2.8m) | $3.1m | ($7.3m) | $22.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($1.6m) | $6.2m | ($3.6m) | $126.0m | ($79.2m) | ($19.1m) | $98.7m | $314.4m | $185.0m | $203.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $111.8m | $169.5m | $295.5m | $216.3m | $197.2m | $295.9m | $610.3m | $795.3m | $998.3m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $4.5m | $6.3m | $7.8m | $7.7m | $9.8m | $9.6m | $18.5m | $36.1m | $5.8m | $5.7m | |
| Income Taxes Paid, Net | $943k | $1.1m | $1.6m | $2.1m | $26.4m | $7.7m | $4.9m | $14.2m | $17.6m | $36.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.