Below are the financial statements of argenx, 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 millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Product net sales | 2,185.88a | 1,190.78a | 400.72a |
| Collaboration revenue | 4.35a | 35.53a | 10.03a |
| Other operating income | 61.81a | 42.28a | 34.52a |
| Total operating income | 2,252.04a | 1,268.59a | 445.27a |
| Cost of sales | -227.29a | -117.84a | -29.43a |
| Research and development expenses | -983.42a | -859.49a | -663.37a |
| Selling, general and administrative expenses | -1,055.34a | -711.91a | -472.13a |
| Loss from investment in a joint venture | -7.64a | -4.41a | -0.68a |
| Total operating expenses | -2,273.69a | -1,693.64a | -1,165.61a |
| Operating loss | -21.65a | -425.05a | -720.34a |
| Financial income | 157.51a | 107.39a | 27.67a |
| Financial expense | -2.46a | -0.91a | -3.91a |
| Exchange (losses)/gains | -48.21a | 14.07a | -32.73a |
| Profit/(loss) for the year before taxes | 85.18a | -304.5a | -729.31a |
| Income tax benefit | 747.86a | 9.44a | 19.72a |
| Profit/(loss) for the year | 833.04a | -295.05a | -709.59a |
| Profit/(loss) for the year attributable to: owners of the parent | 833.04a | -295.05a | -709.59a |
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