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Adagene Inc is a platform-driven, clinical-stage biopharmaceutical company engaged in transforming the discovery and development of novel antibody-based cancer immunotherapies. It is principally engaged in research, development, and production of monoclonal antibody drugs for cancers. The company's platform is designed to generate therapeutic antibody candidates with functional epitopes and species cross-reactivity, as highlighted by the company's immunotherapy pipeline.
2011
138
LTM Revenue $0.1M
LTM EBITDA -$33.4M
$4.9M
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Adagene has a last 12-month revenue of $0.1M and a last 12-month EBITDA of -$33.4M.
In the most recent fiscal year, Adagene achieved revenue of $0.1M and an EBITDA of -$31.7M.
Adagene expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Adagene valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $18.1M | $0.1M | XXX | XXX | XXX |
| Gross Profit | n/a | n/a | XXX | XXX | XXX |
| Gross Margin | NaN% | NaN% | XXX | XXX | XXX |
| EBITDA | -$14.9M | -$31.7M | XXX | XXX | XXX |
| EBITDA Margin | -82% | -30668% | XXX | XXX | XXX |
| Net Profit | -$80.0M | -$18.9M | XXX | XXX | XXX |
| Net Margin | -442% | -18358% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, Adagene's stock price is $2.
Adagene has current market cap of $71.6M, and EV of $4.9M.
See Adagene trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4.9M | $71.6M | XXX | XXX | XXX | XXX | $-0.62 |
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Sign UpAs of April 15, 2025, Adagene has market cap of $71.6M and EV of $4.9M.
Adagene's trades at 59.0x LTM EV/Revenue multiple, and -0.1x LTM EBITDA.
Analysts estimate Adagene's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Adagene and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $4.9M | XXX | XXX | XXX |
| EV/Revenue | 47.5x | XXX | XXX | XXX |
| EV/EBITDA | -0.2x | XXX | XXX | XXX |
| P/E | -2.1x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -0.2x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpAdagene's NTM/LTM revenue growth is -54%
Adagene's revenue per employee for the last fiscal year averaged $1K, while opex per employee averaged $0.3M for the same period.
Over next 12 months, Adagene's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Adagene's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Adagene and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | -99% | XXX | XXX | XXX | XXX |
| EBITDA Margin | -30668% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 112% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | -30722% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $1K | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.3M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 7048% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 27888% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 34935% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Julphar | XXX | XXX | XXX | XXX | XXX | XXX |
| Benevolent AI | XXX | XXX | XXX | XXX | XXX | XXX |
| Galapagos | XXX | XXX | XXX | XXX | XXX | XXX |
| Pharming | XXX | XXX | XXX | XXX | XXX | XXX |
| Vivoryon Therapeutics | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Adagene acquired XXX companies to date.
Last acquisition by Adagene was XXXXXXXX, XXXXX XXXXX XXXXXX . Adagene acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Adagene founded? | Adagene was founded in 2011. |
| Where is Adagene headquartered? | Adagene is headquartered in United States of America. |
| How many employees does Adagene have? | As of today, Adagene has 138 employees. |
| Who is the CEO of Adagene? | Adagene's CEO is Dr. Peter Luo, PhD. |
| Is Adagene publicy listed? | Yes, Adagene is a public company listed on NAS. |
| What is the stock symbol of Adagene? | Adagene trades under ADAG ticker. |
| When did Adagene go public? | Adagene went public in 2021. |
| Who are competitors of Adagene? | Similar companies to Adagene include e.g. Julphar, Benevolent AI, Galapagos, Pharming. |
| What is the current market cap of Adagene? | Adagene's current market cap is $71.6M |
| What is the current revenue of Adagene? | Adagene's last 12-month revenue is $0.1M. |
| What is the current EBITDA of Adagene? | Adagene's last 12-month EBITDA is -$33.4M. |
| What is the current EV/Revenue multiple of Adagene? | Current revenue multiple of Adagene is 59.0x. |
| What is the current EV/EBITDA multiple of Adagene? | Current EBITDA multiple of Adagene is -0.1x. |
| What is the current revenue growth of Adagene? | Adagene revenue growth between 2023 and 2024 was -99%. |
| Is Adagene profitable? | Yes, Adagene is EBITDA-positive (as of the last 12 months). |
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