$ARVN
Arvinas Inc

2019 Q4 Form 10-Q Financial Statement

#000156459019039841 Filed on November 04, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q3
Revenue $4.893M $30.05M $3.375M
YoY Change 42.24% 790.31% 102.25%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $7.270M $7.960M $4.280M
YoY Change 24.91% 85.98% 397.67%
% of Gross Profit
Research & Development $20.41M $16.59M $13.15M
YoY Change 40.19% 26.15% 82.06%
% of Gross Profit
Depreciation & Amortization $540.0K $460.0K $191.5K
YoY Change 134.78% 140.15% 107.87%
% of Gross Profit
Operating Expenses $27.68M $24.55M $17.43M
YoY Change 35.81% 40.79% 115.76%
Operating Profit -$22.79M $5.505M -$14.06M
YoY Change 34.5% -139.16% 119.28%
Interest Expense $16.25K $22.90K $12.26K
YoY Change -34.04% 86.75% 0.37%
% of Operating Profit 0.42%
Other Income/Expense, Net $1.742M $1.495M $671.2K
YoY Change 103.59% 122.72% 4668.89%
Pretax Income -$21.05M -$17.68M -$13.39M
YoY Change 30.83% 32.06% 109.27%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$21.05M -$17.68M -$13.39M
YoY Change 30.83% 32.03% 109.27%
Net Earnings / Revenue -430.14% -58.82% -396.64%
Basic Earnings Per Share
Diluted Earnings Per Share -$583.4K -$540.0K -$429.4K
COMMON SHARES
Basic Shares Outstanding 33.75M 33.72M
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $280.9M $190.5M $89.80M
YoY Change 49.57% 112.14%
Cash & Equivalents $9.211M $12.14M $6.191M
Short-Term Investments $271.7M $178.4M $83.60M
Other Short-Term Assets $3.700M $4.000M $3.500M
YoY Change 32.14% 14.29%
Inventory
Prepaid Expenses
Receivables $0.00 $59.33K $0.00
Other Receivables $6.281M $5.142M $2.179M
Total Short-Term Assets $290.9M $199.7M $95.52M
YoY Change 48.65% 109.03%
LONG-TERM ASSETS
Property, Plant & Equipment $8.455M $7.152M $3.347M
YoY Change 135.98% 113.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00
YoY Change
Other Assets $26.76K $20.76K $0.00
YoY Change 28.89%
Total Long-Term Assets $10.76M $9.430M $3.368M
YoY Change 198.6% 180.0%
TOTAL ASSETS
Total Short-Term Assets $290.9M $199.7M $95.52M
Total Long-Term Assets $10.76M $9.430M $3.368M
Total Assets $301.6M $209.1M $98.89M
YoY Change 51.36% 111.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.557M $2.278M $1.301M
YoY Change 65.21% 75.11%
Accrued Expenses $7.603M $6.227M $4.851M
YoY Change 90.01% 28.36%
Deferred Revenue $19.98M $20.29M $13.50M
YoY Change 24.36% 50.32%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $194.7K
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $32.81M $29.40M $19.85M
YoY Change 42.79% 48.11%
LONG-TERM LIABILITIES
Long-Term Debt $2.000M $2.000M $2.000M
YoY Change 0.0% 0.0%
Other Long-Term Liabilities $40.10M $43.50M $40.70M
YoY Change 26633.33% 6.88%
Total Long-Term Liabilities $2.000M $2.000M $2.000M
YoY Change -6.98% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $32.81M $29.40M $19.85M
Total Long-Term Liabilities $2.000M $2.000M $2.000M
Total Liabilities $74.96M $74.93M $62.56M
YoY Change 19.71% 19.78%
SHAREHOLDERS EQUITY
Retained Earnings -$372.6M -$351.5M -$286.2M
YoY Change 23.26% 22.83%
Common Stock $38.46K $33.08K $3.684K
YoY Change 23.13% 797.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $226.6M $134.2M -$278.8M
YoY Change
Total Liabilities & Shareholders Equity $301.6M $209.1M $98.89M
YoY Change 51.36% 111.46%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income -$21.05M -$17.68M -$13.39M
YoY Change 30.83% 32.03% 109.27%
Depreciation, Depletion And Amortization $540.0K $460.0K $191.5K
YoY Change 134.78% 140.15% 107.87%
Cash From Operating Activities -$16.18M $1.850M -$10.98M
YoY Change 31.97% -116.85% 47.58%
INVESTING ACTIVITIES
Capital Expenditures -$1.780M -$1.190M -$940.0K
YoY Change 187.1% 26.6%
Acquisitions
YoY Change
Other Investing Activities -$93.64M -$30.62M $12.74M
YoY Change -7.51% -340.35% 84.1%
Cash From Investing Activities -$95.43M -$31.82M $11.80M
YoY Change -6.32% -369.66% 70.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 108.7M 30.75M 2.030M
YoY Change -2.19% 1414.78% -5175.0%
NET CHANGE
Cash From Operating Activities -16.18M 1.850M -10.98M
Cash From Investing Activities -95.43M -31.82M 11.80M
Cash From Financing Activities 108.7M 30.75M 2.030M
Net Change In Cash -2.930M 780.0K 2.850M
YoY Change -2.98% -72.63% -608.93%
FREE CASH FLOW
Cash From Operating Activities -$16.18M $1.850M -$10.98M
Capital Expenditures -$1.780M -$1.190M -$940.0K
Free Cash Flow -$14.40M $3.040M -$10.04M
YoY Change 23.71% -130.28% 34.95%

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