Xencor (XNCR) FY2024 results: revenue $110 million, down 36.7% on the year
Xencor Inc. (XNCR) reported revenue of $110 million for fiscal 2024, the year ended 31 December 2024, down 36.7% on the year before. Net income was -$233 million, and diluted earnings per share $-3.58. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$110 million
-36.7% on the year
FY2017FY2024
Operating margin
-161.5%
-75.8% a year earlier
FY2017FY2024
Net income
-$233 million
FY2017FY2024
Diluted EPS
-$3.58
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
-202
-77.9
24.5
Capital expenditure
6.1
18.4
38.5
-67.0%
Free cash flow
-208
-96.4
-14.0
Free cash flow margin
-188.5%
-55.2%
-8.5%
Cash from investing
-7.9
-111
-120
Cash from financing
197
189
5.7
+4.2%
Depreciation and amortisation
12.1
11.5
8.8
+5.3%
Share-based compensation
53.3
53.8
48.9
-0.9%
Diluted shares, weighted
65m
61m
60m
+7.5%
Shares outstanding at period end
70m
61m
60m
+15.2%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
678
662
727
+2.4%
Non-controlling interest
-3.6
0.3
0.0
Debt
164
189
0.0
-13.7%
Operating lease liabilities
65.3
59.0
54.9
+10.7%
Other liabilities
49.0
54.5
63.8
-10.2%
Total liabilities and equity
952
965
846
-1.4%
Fixed assets
59.8
66.1
59.2
-9.6%
Intangible assets
18.5
18.7
18.5
-1.0%
Securities held for sale or to maturity
666
643
531
+3.5%
Cash and equivalents
40.9
53.8
53.9
-24.0%
Receivables
60.8
23.7
29.0
+156.3%
Other assets
106
160
155
-33.5%
Total assets
952
965
846
-1.4%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.