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Stock research / United States / ARGX / Year to 31 December 2023

argenx SE (ARGX) annual results, year to 31 December 2023: revenue USD 1,191 million, from the 20-F

argenx SE files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2023 it reported revenue from the sale of goods of USD 1,191 million, up 197.2% on the year before. Its profit attributable to shareholders was USD -295 million, and diluted earnings per share USD -5.16.

The year to 31 December 2023, against the year before

Year toDec 2022Dec 2023
Revenue from the sale of goods4011,191
Cost of sales29.4118
Research and development663859
Selling, general and administrative472712
Operating profit-720-425
Finance costs3.90.9
Profit before tax-729-304
Income tax-19.7-9.4
Profit for the year-710-295
Profit attributable to shareholders-710-295
Filing20-F20-F

USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the IFRS tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.

Year toDec 2022Dec 2023
Diluted EPS-13.05-5.16
Basic EPS-13.05-5.16
Filing20-F20-F

USD per ordinary share, as filed.

Cash flow

Year toDec 2022Dec 2023
Cash from operations-863-420
Purchase of property, plant and equipment0.80.8
Free cash flow-864-421
Filing20-F20-F

USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.

Balance sheet at year end

Year toDec 2022Dec 2023
Total assets3,1344,542
Equity attributable to shareholders2,8144,098
Cash and cash equivalents8012,049
Borrowings, as filedn/a7.2
Lease liabilities12.420.0
Trade and other receivables276497
Inventories228311
Filing20-F20-F

USD million, at each fiscal year end.

Ratios on the filed lines

Year toDec 2022Dec 2023
Return on year-end equity-25.2%-7.2%
Filing20-F20-F

Arithmetic on the filed lines of the same year.

Every annual report here

Source

20-F for the year to 31 December 2023, filed 19 March 2026, accession 0001697862-26-000032: the filing on EDGAR. All of argenx SE's filings: EDGAR company page. The figures are in US dollars as filed.

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