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Below are the financial statements of Alkermes, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Alkermes, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in thousands of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | — | — | — |
| Product sales, net | 1,083,534a | 919,998a | 777,552a |
| Manufacturing and royalty revenues | 474,095a | 743,388a | 331,983a |
| License revenue | 0a | 0a | 2,000a |
| Research and development revenue | 3a | 19a | 260a |
| Total revenues | 1,557,632a | 1,663,405a | 1,111,795a |
| Expenses | — | — | — |
| Cost of goods manufactured and sold (exclusive of amortization of acquired intangible assets shown below) | -245,331a | -253,037a | -218,068a |
| Research and development | -245,326a | -270,806a | -272,702a |
| Selling, general and administrative | -645,238a | -689,751a | -590,751a |
| Amortization of acquired intangible assets | -1,101a | -35,689a | -36,363a |
| Total expenses | -1,136,996a | -1,249,283a | -1,117,884a |
| Operating income from continuing operations | 420,636a | 414,122a | -6,089a |
| Other income (expense), net | — | — | — |
| Interest income | 42,450a | 30,854a | 7,629a |
| Interest expense | -22,578a | -23,032a | -13,040a |
| Change in the fair value of contingent consideration | 0a | 0a | -21,750a |
| Other income (expense), net | 3,242a | -425a | 2,122a |
| Total other income (expense), net | 23,114a | 7,397a | -25,039a |
| Income (loss) before income taxes | 443,750a | 421,519a | -31,128a |
| Income tax provision (benefit) | 71,612a | -97,638a | 2,024a |
| Net income (loss) from continuing operations | 372,138a | 519,157a | -33,152a |
| Loss from discontinued operations, net of tax | -5,068a | -163,400a | -125,115a |
| Net income (loss) | 367,070a | 355,757a | -158,267a |
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