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Financial statements

AMARIN CORP PLC\UK financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data AMARIN CORP PLC\UK files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue130181229430614583369307229214
Cost of revenue34.44554.596131121
Gross profit95.713617533448346224216681.4121
Research and development5047.255.934.43929.330.422.220.919.8
Selling, general and administrative111135227324463408304200152115
General and administrative75.352.638.343.8
Operating expenses161182283358502451348233173171
Operating income-65.6-45.6-108-24.3-19.710.5-106-67.6-91.8-50.2
Interest expense18.79.778.876.632.610.130.020.010.010.01
Interest income0.230.431.078.54.91.222.8211.913.410.9
Other non-operating income-0.480.07-0.33-0.080.1-0.3-0.742.061.23.28
Pre-tax income-76.4-54.8-116-22.5-17.311.3-104-53.7-77.2-36
Income tax9.97130.10.160.753.5625.444.982.75
Net income-86.4-67.9-116-22.6-187.73-106-59.1-82.2-38.8
EBITDA-65.5-45.5-108-24.1-19.111.1-105-67.4-91.7
EPS, basic-0.41-0.25-0.39-0.07-0.050.02-0.26-0.15-0.20-0.09
EPS, diluted-0.41-0.25-0.39-0.07-0.050.02-0.26-0.15-0.20-0.09
Shares, basic (weighted)212271297343382396401408411415
Shares, diluted (weighted)212271297343382402401408411415

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents98.373.6249645187219218199121135
Short-term investments31423591.7121173168
Receivables2045.366.5116155164131134122127
Inventory20.530.357.876.8189235229259166196
Other current assets6.983.462.9513.330.922.419.511.612.624.4
Total current assets146153378855879879689725595650
Property, plant and equipment0.080.030.062.362.021.430.870.110.020.01
Lease right-of-use assets8.518.057.669.078.317.596.46
Intangible assets8.778.137.4815.313.823.521.819.316.413.4
Long-term investments62.5351.28
Other non-current assets0.740.170.171.070.430.460.461.361.211.07
Total assets1671623868829661,068886832685671
Accounts payable6.0625.237.65010611564.652.840.445.4
Accrued liabilities6.618.312.221.222.819.720.318.915.411.3
Deferred revenue1.171.641.222.342.932.652.22.34
Short-term debt15.922.334.250.100
Total current liabilities76.2109157242307371259259180194
Long-term debt85.270.846.1
Lease liabilities9.449.158.58108.747.726.08
Other non-current liabilities0.711.1510.53.756.217.658.219.0611.511
Total liabilities176227233274339401291280199211
Total debt93.692.479.749.700
Paid-in capital9659781,2831,7641,8181,8551,8851,8991,9151,924
Retained earnings-1,204-1,272-1,389-1,411-1,429-1,421-1,527-1,586-1,669-1,707
Treasury stock-1.5-4.23-10.4-35.9-51.1-60.7-61.8-63.8-65.3-67.4
Shareholders' equity-9.06-65.1152608628667595552486459
Total equity-9.06-65.1152608628667595552486459
Total liabilities and equity1671623868829661,068886832685671
Shares outstanding269271326360393397409409412416

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-86.4-67.9-116-22.6-187.73-106-59.1-82.2-38.8
Depreciation and amortization0.140.060.020.20.60.60.60.20.1
Stock-based compensation13.61418.830.945.836.926.215.617.713.9
Deferred income tax8.811.1
Change in receivables-6.17-25.3-21.2-49.9-38.1-9.0832.7-2.5711.3-4.55
Change in inventory-1.52-9.75-27.5-19-112-167-36.456.110534.9
Cash from operations-71.8-32.8-94.7-9.37-21.7-66.5-1806.88-316.73
Capital expenditures-0.02-0.01-0.06-2.48-0.25
Purchases of investments-679-290-81.6-215-279-200
Sales and maturities of investments302394258190233209
Cash from investing-0.02-0.01-0.06-2.48-377104175-25.5-468.83
Debt repaid-3.32-14.7-31.7-50.3
Stock issued64.60.642654405.162.920.061.880.010
Cash from financing63.18.24271410-58.9-5.07-0.380.23-1.44-2.03
Net change in cash-8.71-24.6176398-45832.5-5.18-18.4-78.413.5
Free cash flow-71.8-32.8-94.8-11.8-22
Interest paid17.117.221.54.592.04
Income taxes paid1.461.750.85-0.07-0.213.66-1.782.373.981

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $13.20 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin42.0%Gross profit / revenue.
Operating margin-21.9%Operating income / revenue.
Pre-tax margin-13.7%Pre-tax income / revenue.
Net margin-14.6%Net income / revenue.
Operating cash flow margin8.4%Cash from operations / revenue.
Return on equity (ROE)-6.1%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-4.3%Net income / average total assets.
Return on invested capital (ROIC)-10.7%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue10.2%Research and development expense / revenue.
SG&A / revenue44.6%Selling, general and administrative expense / revenue.
Stock-based pay / revenue4.3%Stock-based compensation (from the cash flow statement) / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-6.5%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-16.7%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y-19.0%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y48.5%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-20.7%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y-24.2%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y-5.5%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-8.3%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y-6.1%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-2.1%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-8.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y-7.0%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y1.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y1.1%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y1.7%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio3.67xCurrent assets / current liabilities.
Quick ratio2.48x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.92x(Cash + short-term investments) / current liabilities.
Liabilities / assets28.9%Total liabilities / total assets.
Working capital$438.6MCurrent assets - current liabilities.
Goodwill and intangibles / assets1.9%(Goodwill + intangible assets) / total assets.
Tangible book value$431.5MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.30xRevenue / average total assets.
Receivables turnover2.00xRevenue / average receivables.
Days sales outstanding182 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.07Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.45Revenue / diluted weighted shares.
Operating cash flow per share$0.04Cash from operations / diluted weighted shares.
Book value per share$1.06Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.03Tangible book value / shares outstanding.
Cash per share$0.75(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$278.8MShare price x shares outstanding.
Enterprise value-$35.8MMarket cap + total debt - cash - short-term investments.
P/S1.50xMarket cap / revenue.
P/B0.63xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.65xMarket cap / tangible book value, when positive.
P/OCF17.9xMarket cap / cash from operations, when positive.
Earnings yield-9.7%Net income / market cap (the inverse of P/E).
What was AMARIN CORP PLC\UK's revenue in fiscal 2025?

AMARIN CORP PLC\UK reported revenue of $213.6M for fiscal 2025, 6.5% lower than the year before.

Was AMARIN CORP PLC\UK profitable in fiscal 2025?

No. It reported a net loss of $38.8M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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