Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Adlai Nortye Ltd. 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
FY2021
FY2023
FY2023
FY2024
Revenue
45.7
5
Research and development
42.1
54.5
58.2
44.9
General and administrative
12.5
13
15.3
9.95
Operating income
-8.65
-67.3
-72.6
-52.9
Interest expense
1.34
0.43
0.79
1.94
Pre-tax income
-56.7
-58.8
-109
-51.9
Income tax
0.64
Net income
-56.7
-58.8
-109
-51.9
EBITDA
-66.7
-72.1
-52.4
EPS, basic
-2.23
-2.31
-2.52
-0.54
EPS, diluted
-2.23
-2.31
-2.52
-0.54
Balance sheet
FY2021
FY2023
FY2023
FY2024
Cash and equivalents
64.1
42.8
91.5
60.9
Total current assets
66.3
101
64.1
Property, plant and equipment
3.66
3.71
2.65
1.74
Lease right-of-use assets
2.93
2.16
1.15
0.96
Intangible assets
0.09
0.06
0.04
Total assets
72.6
130
71.3
Short-term debt
4.31
30.4
26.3
Total current liabilities
313
49.7
45.4
Lease liabilities
1.24
0.47
0.43
Total liabilities
314
55.1
45.8
Total debt
10.5
4.31
30.4
26.3
Paid-in capital
439
439
Retained earnings
-268
-377
-429
Total equity
-185
-241
75
25.5
Total liabilities and equity
72.6
130
71.3
Cash flow statement
FY2021
FY2023
FY2023
FY2024
Net income
-56.7
-58.8
-109
-51.9
Depreciation and amortization
0.61
0.47
0.51
Cash from operations
-3.03
-43.2
-56.7
-51.8
Capital expenditures
-1.02
-1.25
-0.2
-0.17
Cash from investing
-54.9
28.4
-11
28.1
Debt issued
12.4
7.9
50.2
44.7
Debt repaid
-10.4
-13.3
-24.1
-48.5
Cash from financing
97.2
-6.78
116
-6.58
Exchange rate effect
0.56
0.25
0.1
-0.26
Free cash flow
-4.05
-44.5
-56.9
-52
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $15.53 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-51.5%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Total assets growth, 1y
-45.3%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.41x
Current assets / current liabilities.
Quick ratio
1.34x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.34x
(Cash + short-term investments) / current liabilities.
Debt / assets
36.9%
Total debt / total assets.
Liabilities / assets
64.2%
Total liabilities / total assets.
Net debt
-$34.6M
Total debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage
-27.2x
Operating income / interest expense.
Working capital
$18.7M
Current assets - current liabilities.
Goodwill and intangibles / assets
0.1%
(Goodwill + intangible assets) / total assets.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.54
Net 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.
EPS, basic
-$0.54
Net income per basic share, as reported (split-adjusted).
Valuation
Metric
Value
How it is calculated
Market cap
$1.00B
Share price x shares outstanding.
Enterprise value
$965.5M
Market cap + total debt - cash - short-term investments.
FCF yield
-5.2%
Free cash flow / market cap.
Earnings yield
-5.2%
Net income / market cap (the inverse of P/E).
Was Adlai Nortye Ltd. profitable in fiscal 2024?
No. It reported a net loss of $51.9M.
How much free cash flow did Adlai Nortye Ltd. generate in fiscal 2024?
Cash from operations of $51.8M minus capital expenditures of $170.0K left free cash flow of -$52.0M.
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.