argenx SE (ARGX) annual results, year to 31 December 2024: revenue USD 2,186 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 2024 it reported revenue from the sale of goods of USD 2,186 million, up 83.6% on the year before. Its profit attributable to shareholders was USD 833 million, and diluted earnings per share USD 12.78.
The year to 31 December 2024, against the year before
| Year to | Dec 2023 | Dec 2024 |
|---|---|---|
| Revenue from the sale of goods | 1,191 | 2,186 |
| Cost of sales | 118 | 227 |
| Research and development | 859 | 983 |
| Selling, general and administrative | 712 | 1,055 |
| Operating profit | -425 | -21.7 |
| Finance costs | 0.9 | 2.5 |
| Profit before tax | -304 | 85.2 |
| Income tax | -9.4 | -748 |
| Profit for the year | -295 | 833 |
| Profit attributable to shareholders | -295 | 833 |
| Filing | 20-F | 20-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.
USD per ordinary share, as filed.
Cash flow
| Year to | Dec 2023 | Dec 2024 |
|---|---|---|
| Cash from operations | -420 | -82.7 |
| Purchase of property, plant and equipment | 0.8 | 1.8 |
| Free cash flow | -421 | -84.5 |
| Filing | 20-F | 20-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 to | Dec 2023 | Dec 2024 |
|---|---|---|
| Total assets | 4,542 | 6,203 |
| Equity attributable to shareholders | 4,098 | 5,498 |
| Cash and cash equivalents | 2,049 | 1,500 |
| Borrowings, as filed | 7.2 | n/a |
| Lease liabilities | 20.0 | 39.1 |
| Trade and other receivables | 497 | 904 |
| Inventories | 311 | 407 |
| Filing | 20-F | 20-F |
USD million, at each fiscal year end.
Ratios on the filed lines
| Year to | Dec 2023 | Dec 2024 |
|---|---|---|
| Return on year-end equity | -7.2% | 15.2% |
| Effective tax rate | n/a | -878.0% |
| Filing | 20-F | 20-F |
Arithmetic on the filed lines of the same year.
Every annual report here
- Year to 31 December 2025
- Year to 31 December 2024, this page
- Year to 31 December 2023
- Year to 31 December 2022
- Year to 31 December 2021
- Year to 31 December 2020
- Year to 31 December 2019
- Year to 31 December 2018
Source
20-F for the year to 31 December 2024, 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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