Xencor (XNCR) FY2021 results: revenue $275 million, up 124.2% on the year
Xencor Inc. (XNCR) reported revenue of $275 million for fiscal 2021, the year ended 31 December 2021, up 124.2% on the year before. Net income was $83 million, and diluted earnings per share $1.37. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$275 million
+124.2% on the year
FY2016FY2021
Operating margin
15.9%
-62.6% a year earlier
FY2016FY2021
Net income
$83 million
FY2016FY2021
Diluted EPS
$1.37
FY2016FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
-16.9
-5.0
64.4
Capital expenditure
13.3
10.5
7.4
+26.2%
Free cash flow
-30.2
-15.5
57.0
Free cash flow margin
-11.0%
-12.7%
36.4%
Cash from investing
-46.2
100
-51.0
Cash from financing
43.0
18.0
10.7
+138.5%
Depreciation and amortisation
7.5
5.8
4.3
+29.3%
Share-based compensation
37.0
31.6
31.9
+16.9%
Diluted shares, weighted
60m
57m
58m
+5.7%
Shares outstanding at period end
59m
58m
57m
+2.6%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
734
572
593
+28.1%
Debt
0.0
0.0
0.0
Operating lease liabilities
34.0
9.7
8.6
+248.8%
Other liabilities
70.7
121
68.5
-41.6%
Total liabilities and equity
838
703
670
+19.2%
Fixed assets
28.2
21.7
15.8
+30.2%
Intangible assets
16.5
16.0
14.4
+3.2%
Investments
n/a
n/a
551
Securities held for sale or to maturity
454
435
n/a
+4.4%
Cash and equivalents
143
164
50.3
-12.3%
Receivables
66.4
11.4
21.6
+480.1%
Other assets
129
55.4
17.1
+133.5%
Total assets
838
703
670
+19.2%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.