ADAP Financial Statements & Analysis
Complete financial statements for ADAP including income statement, balance sheet, and cash flow statement. Analyze ADAP's revenue growth, profit margins, earnings trends, debt levels, and cash flow generation.
Financial Health Score
Financial Health Score
63
Good
Poor (0-40)Neutral (40-60)Good (60-100)
Income Statement
Revenue
195.3% ↑
Net Income
37.8% ↑
Gross Margin
19.5% ↑
Operating Margin
83.1% ↑
Balance Sheet
Current Ratio
2.3% ↑
Debt to Equity
880.6% ↓
Asset Turnover
239.3% ↑
Cash Flow
Operating Cash Flow
48.0% ↑
Net Cash Flow
-243.8% ↓
Free Cash Flow
47.9% ↑
Cash Flow to Debt
82.3% ↑
Income Statement Comparison
Revenue & Net Income
Period Comparison
| Metric | 2023 | 2024 | Change | Impact |
|---|---|---|---|---|
| Revenue | 60.28M | 178.03M | 195.3% | |
| Gross Profit | 50.42M | 177.96M | 252.9% | |
| Operating Income | -138038000 | -68760000 | 50.2% | |
| Net Income | -113871000 | -70814000 | 37.8% | |
| EPS | -0.57 | -0.28 | 50.9% | |
| EBITDA | -128198000 | -52665000 | 58.9% | |
| Gross Margin | 83.65% | 99.96% | 19.5% | |
| Operating Margin | -228.99% | -38.62% | 83.1% | |
| Net Income Margin | -188.90% | -39.78% | 78.9% | |
| R&D Expenses | 126.51M | 149.06M | 17.8% |
Income Statement Full Table
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 178.03M | 60.28M | 27.15M | 6.15M | 3.96M |
| Gross Profit | 177.96M | 50.42M | -100578000 | -104941000 | -87610000 |
| Operating Income | -68760000 | -138038000 | -163965000 | -162246000 | -133405000 |
| Net Income | -70814000 | -113871000 | -165456000 | -158090000 | -130092000 |
| EPS | -0.28 | -0.57 | -1.02 | -1.02 | -0.9 |
| EBITDA | -52665000 | -128198000 | -155593000 | -155679000 | -125811000 |
| Gross Margin | 99.96% | 83.65% | -370.48% | -1706.64% | -2213.49% |
| Operating Margin | -38.62% | -228.99% | -603.97% | -2638.58% | -3370.52% |
| Net Income Margin | -39.78% | -188.90% | -609.46% | -2570.99% | -3286.81% |
| R&D Expenses | 149.06M | 126.51M | 127.73M | 111.09M | 91.57M |