Adagene, Inc. is a clinical-stage biopharmaceutical company, which engages in the discovery and development of novel antibody-based cancer immunotherapies. The company is headquartered in Suzhou, Jiangsu and currently employs 138 full-time employees. The company went IPO on 2021-02-09. The firm is principally engaged in the research, development and production of monoclonal antibody drugs for cancers. The Company’s main products include: ADG106 is being developed for the treatment of advanced solid tumors and non-Hodgkin's lymphoma, or NHL. ADG126 is designed to address the toxicity and efficacy issues related to the MOA of existing approved CTLA-4 immuno-oncology therapies and to expand the potential of CTLA-4 as a target for the treatment of cancer. ADG116 is designed to target a unique conserved epitope of CTLA-4. And ADG104, a monospecific antibody that targets PD-L1 and is in Phase Ib and Phase II clinical trials concurrently in China.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
06/30/2025
12/31/2024
06/30/2024
12/31/2023
Revenue
7
7
0
0
0
0
Revenue Growth (YoY)
--
--
--
--
-100%
-100%
Cost of Revenue
--
--
--
--
--
--
Gross Profit
--
--
--
--
--
--
Selling, General & Admin
7
3
3
3
3
4
Research & Development
22
10
12
14
14
15
Operating Expenses
29
13
15
17
18
19
Other Non Operating Income (Expenses)
0
0
0
0
0
1
Pretax Income
-17
-4
-13
-16
-17
-15
Income Tax Expense
0
0
0
0
0
0
Net Income
-17
-4
-13
-16
-17
-14
Net Income Growth
-48%
-75%
-24%
14%
325%
-56%
Shares Outstanding (Diluted)
59.12
59.12
58.89
57.36
55.21
54.87
Shares Change (YoY)
3%
3%
7%
5%
1%
2%
EPS (Diluted)
-0.29
-0.06
-0.22
-0.28
-0.3
-0.27
EPS Growth
-50%
-76%
-26%
6%
309%
-55%
Free Cash Flow
-15
-4
-11
-16
-13
--
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
--
--
--
--
--
--
Operating Margin
-300%
-71.42%
0%
0%
0%
0%
Profit Margin
-242.85%
-57.14%
0%
0%
0%
0%
Free Cash Flow Margin
-214.28%
-57.14%
0%
0%
0%
--
EBITDA
-21
-5
-15
-17
-18
--
EBITDA Margin
-300%
-71.42%
0%
0%
0%
--
D&A For EBITDA
0
0
0
0
0
--
EBIT
-21
-5
-15
-17
-18
-18
EBIT Margin
-300%
-71.42%
0%
0%
0%
0%
Effective Tax Rate
0%
0%
0%
0%
0%
0%
Follow-Up Questions
What are Adagene Inc's key financial statements?
According to the latest financial statement (Form-10K), Adagene Inc has a total asset of $0, Net loss of $0
What are the key financial ratios for ADAG?
Adagene Inc's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is Adagene Inc's revenue broken down by segment or geography?
Adagene Inc largest revenue segment is Novel Antibody-based Cancer Medicines, at a revenue of 7,670,902 in the most earnings release.For geography, China is the primary market for Adagene Inc, at a revenue of 7,670,902.
Is Adagene Inc profitable?
no, according to the latest financial statements, Adagene Inc has a net loss of $0