Financial Snapshot

Revenue
$1.945B
TTM
Gross Margin
89.27%
TTM
Net Earnings
-$277.0M
TTM
Current Assets
$4.264B
Q2 2024
Current Liabilities
$499.6M
Q2 2024
Current Ratio
853.39%
Q2 2024
Total Assets
$4.797B
Q2 2024
Total Liabilities
$534.3M
Q2 2024
Book Value
$4.262B
Q2 2024
Cash
$1.407B
Q2 2024
P/E
-105.3
Sep 18, 2024 EST
Free Cash Flow
-$325.2M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $1.226B $410.7M $497.3M $41.24M $78.46M $21.73M $36.83M $14.88M $6.854M $3.756M $2.680M $1.650M $1.130M
YoY Change 198.56% -17.4% 1105.72% -47.44% 261.13% -41.01% 147.5% 117.11% 82.48% 40.15% 62.42% 46.02%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $1.226B $410.7M $497.3M $41.24M $78.46M $21.73M $36.83M $14.88M $6.854M $3.756M $2.680M $1.650M $1.130M
Cost Of Revenue -$151.4M $46.20M
Gross Profit $1.108B $381.3M
Gross Profit Margin 90.39% 92.83%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $711.9M $472.1M $307.6M $171.6M $72.15M $27.78M $12.59M $7.091M $4.925M $3.479M $2.130M $2.020M $1.900M
YoY Change 50.79% 53.47% 79.23% 137.91% 159.67% 120.69% 77.55% 43.98% 41.56% 63.33% 5.45% 6.32%
% of Gross Profit 64.22% 123.82%
Research & Development $859.5M $663.4M $576.8M $368.1M $218.9M $84.06M $51.88M $31.58M $20.44M $12.51M $9.230M $10.87M $4.600M
YoY Change 29.57% 15.01% 56.71% 68.11% 160.44% 62.04% 64.29% 54.5% 63.42% 35.5% -15.09% 136.3%
% of Gross Profit 77.54% 173.97%
Depreciation & Amortization $111.3M $104.3M $5.867M $3.917M $2.425M $498.6K $440.0K $337.8K $196.0K $132.0K $120.0K $200.0K $220.0K
YoY Change 6.68% 1678.46% 49.78% 61.53% 386.34% 13.33% 30.24% 72.35% 48.48% 10.0% -40.0% -9.09%
% of Gross Profit 10.04% 27.36%
Operating Expenses $859.5M $663.4M $846.0M $518.9M $277.4M $104.5M $60.02M $36.54M $22.46M $14.50M $8.910M $11.70M $4.770M
YoY Change 29.57% -21.59% 63.05% 87.08% 165.39% 74.11% 64.26% 62.7% 54.9% 62.73% -23.85% 145.28%
Operating Profit $249.0M -$282.1M
YoY Change -188.28%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense $116.1M -$8.973M -$50.31M -$127.5M $23.00M $16.18M -$4.599M $42.48K $293.0K $429.0K $100.0K $350.0K $170.0K
YoY Change -1394.35% -82.17% -60.55% -654.62% 42.08% -451.92% -10926.12% -85.5% -31.7% 329.0% -71.43% 105.88%
% of Operating Profit 46.65%
Other Income/Expense, Net -$211.0K -$850.0K -$684.0K -$200.0K -$22.00K $0.00 $0.00 $0.00 $0.00
YoY Change -75.18% 24.27% 242.0% 809.09%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income -$304.5M -$729.3M -$399.7M -$605.4M -$175.9M -$66.60M -$27.79M -$21.62M -$15.31M -$10.31M -$6.130M -$9.700M -$3.470M
YoY Change -58.25% 82.45% -33.97% 244.11% 164.15% 139.63% 28.56% 41.18% 48.46% 68.25% -36.8% 179.54%
Income Tax -$9.443M -$19.72M $8.522M $3.103M $5.289M $803.1K $603.8K $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$295.1M -$709.6M -$408.3M -$608.5M -$181.2M -$67.40M -$28.40M -$21.62M -$15.31M -$10.31M -$6.130M -$9.700M -$3.470M
YoY Change -58.42% 73.81% -32.9% 235.78% 168.85% 137.36% 31.36% 41.18% 48.46% 68.25% -36.8% 179.54%
Net Earnings / Revenue -24.06% -172.76% -82.1% -1475.29% -230.95% -310.22% -77.1% -145.27% -223.4% -274.6% -228.73% -587.88% -307.08%
Basic Earnings Per Share
Diluted Earnings Per Share -$5.16 -$13.05 -$7.993M -$13.40M -$4.692M -$2.017M -$1.154M -$1.149M -$973.2K -$1.366M -$811.9K -$1.285M -$459.6K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $3.180B $2.193B $2.337B $1.996B $1.501B $571.0M $363.9M $97.83M $42.33M $55.97M $23.20M $16.50M $23.50M
YoY Change 45.03% -6.17% 17.04% 33.04% 162.81% 56.92% 271.94% 131.13% -24.38% 141.26% 40.61% -29.79%
Cash & Equivalents $2.028B $800.7M $1.092B $858.3M $255.6M $284.2M $193.0M $90.92M $35.51M $32.18M $22.70M $15.40M $23.50M
Short-Term Investments $1.131B $1.392B $1.002B $779.6M $1.128B $286.8M $170.8M $6.909M $6.813M $23.79M $500.0K $1.100M $0.00
Other Short-Term Assets $134.1M $76.02M $58.95M $27.91M $10.14M $4.740M $4.076M $2.965M $454.0K $92.00K $100.0K $100.0K $100.0K
YoY Change 76.36% 28.97% 111.18% 175.38% 113.82% 16.3% 37.45% 553.18% 393.48% -8.0% 0.0% 0.0%
Inventory $310.6M $228.4M $109.1M $25.20M $0.00
Prepaid Expenses
Receivables $418.0M $275.7M $28.06M $287.0K $25.37M $216.4K $854.6K $1.131M $719.0K $790.0K $300.0K $0.00 $0.00
Other Receivables $81.28M $1.578M $10.16M $7.154M $6.511M $3.007M $2.180M $1.027M $637.0K $522.0K $800.0K $400.0K $800.0K
Total Short-Term Assets $4.124B $2.774B $2.543B $2.057B $1.543B $579.0M $371.0M $103.0M $44.14M $57.38M $24.40M $17.00M $24.40M
YoY Change 48.65% 9.09% 23.63% 33.34% 166.45% 56.06% 260.34% 133.26% -23.08% 135.15% 43.53% -30.33%
Property, Plant & Equipment $22.68M $16.23M $15.84M $11.58M $9.175M $833.4K $683.7K $774.7K $249.0K $166.0K $100.0K $200.0K $300.0K
YoY Change 39.68% 2.46% 36.8% 26.23% 1000.92% 21.89% -11.75% 211.14% 50.0% 66.0% -50.0% -33.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $47.16M $1.323M $53.17M $6.307M $2.916M $1.011K $1.011K $1.011K $1.000K $1.000K $0.00 $0.00 $0.00
YoY Change 3464.25% -97.51% 743.02% 116.29% 288327.3% 0.0% 0.0% 1.1% 0.0%
Other Assets $147.0M $120.1M $33.90M $16.55M $708.0K $253.9K $385.3K $1.162M -$1.000K $0.00
YoY Change 22.34% 254.34% 104.86% 2237.15% 178.89% -34.12% -66.84%
Total Long-Term Assets $418.7M $360.1M $307.3M $222.4M $67.54M $6.084M $4.151M $4.024M $1.825M $1.133M $600.0K $300.0K $200.0K
YoY Change 16.29% 17.17% 38.17% 229.3% 1010.2% 46.56% 3.14% 120.51% 61.08% 88.83% 100.0% 50.0%
Total Assets $4.542B $3.134B $2.850B $2.279B $1.610B $585.1M $375.1M $107.0M $45.96M $58.51M $25.00M $17.30M $24.60M
YoY Change
Accounts Payable $245.6M $295.7M $208.9M $206.3M $65.64M $6.075M $4.445M $4.435M $1.886M $1.649M $900.0K $1.400M $300.0K
YoY Change -16.95% 41.57% 1.22% 214.33% 980.39% 36.68% 0.23% 135.15% 14.37% 83.22% -35.71% 366.67%
Accrued Expenses $150.9M $103.8M $83.74M $68.87M $30.19M $31.42M $11.01M $5.506M $1.239M $1.894M $1.300M $600.0K $600.0K
YoY Change 45.35% 23.98% 21.59% 128.13% -3.92% 185.26% 100.04% 344.39% -34.58% 45.69% 116.67% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.646M $3.417M $3.509M $3.476M $2.218M $0.00 $0.00 $1.700M $1.700M
YoY Change 35.97% -2.62% 0.95% 56.72% -100.0% 0.0%
Total Short-Term Liabilities $423.0M $302.3M $301.2M $328.5M $179.7M $40.51M $24.80M $42.88M $8.684M $8.428M $3.300M $4.700M $3.100M
YoY Change 39.94% 0.34% -8.3% 82.8% 343.56% 63.38% -42.17% 393.78% 3.04% 155.39% -29.79% 51.61%
Long-Term Debt $15.35M $9.009M $7.956M $6.181M $5.101M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 70.43% 13.24% 28.72% 21.17%
Other Long-Term Liabilities $1.449M $870.0K $417.0K $269.2M $245.0M $7.080K $1.477M $1.011K $0.00 $0.00
YoY Change 66.55% 108.63% -99.85% 9.87% 3460479.1% -99.52% 145957.57%
Total Long-Term Liabilities $16.80M $9.879M $8.373M $275.4M $250.1M $7.080K $1.477M $1.011K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 70.09% 17.99% -96.96% 10.1% 3532527.12% -99.52% 145957.57%
Total Liabilities $445.0M $320.6M $316.1M $605.4M $429.8M $40.52M $26.27M $42.88M $8.684M $8.428M $3.300M $4.700M $3.100M
YoY Change 38.8% 1.43% -47.79% 40.84% 960.73% 54.22% -38.73% 393.8% 3.04% 155.39% -29.79% 51.61%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $29.157 Billion

About

argenx SE operates as a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases. The company is headquartered in Amsterdam, Noord-Holland and currently employs 1,148 full-time employees. The company went IPO on 2014-07-10. The company creates and develops a pipeline of differentiated antibody therapeutics using its discovery platform, Simple Antibody, which exploits characteristics of the llama immune system. The firm develops a pipeline of antibody therapeutics focused on cancer and autoimmune indications. The company includes: ARGX-110, an antibody for heme malignancies and solid tumors, which modulates functions of tumor such as cell proliferation and survival; ARGX-111, an antagonist of c-Met, a receptor tyrosine kinase involved in cell proliferation, angiogenesis and metastasis in multiple solid tumors; ARGX-112, an antigen which targets atopic dermatitis by neutralization of IL-20 and IL-22 (interleukin) mediated signaling through blockade of their common receptor, among others.

Industry: Biological Products, (No Diagnostic Substances) Peers: LAVA Therapeutics NV Merus NV ProQR Therapeutics NV Uniqure NV