# Adagene Inc. (ADAG)

> Healthcare · CN · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/ADAG/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 1.62M | $ -16.41M | $ -14.91M | $ 6.09M | $ 106.01M |
| 2025 | $ 7.88M | $ -18.08M | $ -16.10M | $ 6.26M | $ 35.35M |
| 2024 | $ 108.5K | $ -44.07M | $ -38.29M | $ 18.49M | $ 50.52M |
| 2023 | $ 19.58M | $ -20.49M | $ -30.86M | $ 22.31M | $ 70.56M |
| 2022 | $ 12.57M | $ -115.95M | $ 23.41M | $ 27.97M | $ 83.09M |
| 2021 | $ 18.11M | $ -130.37M | $ 18.65M | $ 7.49M | $ 156.56M |
| 2020 | $ 611.5K | $ -21.12M | $ -37.54M | $ 7.98M | $ -89.39M |
| 2019 | $ 619.6K | $ -22.15M | $ -23.63M | $ 2.56M | $ -57.01M |
| 2018 | N/A | N/A | N/A | $ 2.33M | $ -41.03M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.06 |
| Liabilities / Eq | 0.26 |
| Current Ratio | 5.02 |

## Other views

- [Metrics](https://sponda.capital/en/ADAG.md)
- [Charts](https://sponda.capital/en/ADAG/charts.md)
- [Compare](https://sponda.capital/en/ADAG/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-29.