ADAG — Adagene Income Statement

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Annual income statement for Adagene, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2019 December 31st	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	PROSPECTUS	20-F	20-F	20-F	20-F
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	0.48	0.701	10.2	9.29	18.1
Selling / General / Administrative Expenses
Research And Development
Other Operating Expenses
Total Operating Expenses	19.6	43.9	82.5	93.2	41.8
Operating Profit	-19.2	-43.2	-72.4	-83.9	-23.7
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	-16.4	-42.4	-71.5	-79.5	-17.3
Provision for Income Taxes
Net Income After Taxes	-16.4	-42.4	-73.2	-80	-18.9
Net Income Before Extraordinary Items
Net Income	-16.4	-42.4	-73.2	-80	-18.9
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-16.7	-42.6	-73.2	-80	-18.9
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	-0.316	-0.972	-1.46	-1.48	-0.346