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Addex Therapeutics Ltd (ADXN) 10-Year Financial Performance & Capital Metrics

ADXN • • Industrial / General
HealthcareBiotechnologyNeurology & CNS DisordersPsychiatric & CNS Disorders
AboutAddex Therapeutics Ltd, a development-stage biopharmaceutical company, discovers, develops, and commercializes small-molecule pharmaceutical products for central nervous system (CNS) disorders in Switzerland. The company focuses on the discovery of oral small molecule allosteric modulators of G-protein coupled receptors. Its lead programs include Dipraglurant for the treatment of Parkinson's disease levodopa-induced dyskinesia, and dystonia; ADX71149 for epilepsy and undisclosed CNS disorders; and GABAB PAM for addiction. It has license and collaboration agreement with Janssen Pharmaceuticals Inc.; Indivior PLC; and The Charcot–Marie–Tooth Association. The company was formerly known as Addex Pharmaceuticals Ltd and changed its name to Addex Therapeutics Ltd in March 2012. Addex Therapeutics Ltd was founded in 2002 and is headquartered in Geneva, Switzerland.Show more
  • Revenue $404K -74.9%
  • EBITDA -$2M -28.8%
  • Net Income $7M +166.8%
  • EPS (Diluted) 8.40 +150.0%
  • Gross Margin 100%
  • EBITDA Margin -617.45% -414.1%
  • Operating Margin -681.82% -390.3%
  • Net Margin 1746.04% +366.8%
  • ROE 130.39% +137.4%
  • ROIC -103.27%
  • Debt/Equity 0.00 -98.6%
  • Interest Coverage -776.78 -648.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Trading at only 0.7x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Sales declining 31.9% over 5 years
  • ✗Shares diluted 32.0% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y16.82%
5Y-31.92%
3Y-48.25%
TTM-88.95%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-240.12%

EPS CAGR

10Y-
5Y-
3Y-
TTM-283.05%

ROCE

10Y Avg-116.99%
5Y Avg-69.68%
3Y Avg-67.98%
Latest-47.4%

Peer Comparison

Psychiatric & CNS Disorders
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
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Total Return (DRIP)
Technical
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Shares & Dilution
Sector-Specific
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ALKSAlkermes plc5.15B31.2214.39-6.36%22.27%19.55%7.87%0.05
PRTCPureTech Health plc463.31M19.179.5944.98%-495.91%-8.53%0.05
LBRXLB Pharmaceuticals Inc Common Stock540.89M21.38-1.20
NMRANeumora Therapeutics, Inc. Common Stock361.97M2.13-1.39-178.79%0.01

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+40.3K17.33K499.89K6.04M2.76M3.61M2.92M1.42M1.61M404.1K
Revenue Growth %-0.53%-0.57%27.85%11.09%-0.54%0.31%-0.19%-0.51%0.13%-0.75%
Cost of Goods Sold+40.3K17.33K29.76K144.17K230.1K00000
COGS % of Revenue1%1%0.06%0.02%0.08%-----
Gross Profit+00470.13K5.9M2.53M3.61M2.92M1.42M1.61M404.1K
Gross Margin %--0.94%0.98%0.92%1%1%1%1%1%
Gross Profit Growth %---11.55%-0.57%0.43%-0.19%-0.51%0.13%-0.75%
Operating Expenses+2.64M3.14M3.24M7.47M17.14M15.86M18.42M11.96M3.86M3.16M
OpEx % of Revenue65.53%181.28%6.47%1.24%6.2%4.39%6.32%8.41%2.39%7.82%
Selling, General & Admin1.57M1.52M2.2M4.72M4.31M5.75M7.75M3.26M2.03M1.68M
SG&A % of Revenue38.9%87.85%4.39%0.78%1.56%1.59%2.66%2.29%1.26%4.15%
Research & Development761.22K819.33K841.31K2.37M12.45M10.37M9.01M7.88M942.71K435.19K
R&D % of Revenue18.89%47.28%1.68%0.39%4.51%2.87%3.09%5.54%0.58%1.08%
Other Operating Expenses311.82K799.7K197.67K382.99K374.01K-266.32K1.66M817.79K882.25K1.05M
Operating Income+-3.87M-3.13M-3.24M-1.42M-14.6M-12.24M-15.51M-10.54M-2.24M-2.76M
Operating Margin %-95.98%-180.6%-6.47%-0.24%-5.29%-3.39%-5.32%-7.41%-1.39%-6.82%
Operating Income Growth %-1.15%0.19%-0.03%0.56%-9.25%0.16%-0.27%0.32%0.79%-0.23%
EBITDA+-3.84M-3.1M-3.22M-1.42M-14.27M-11.86M-15.16M-10.22M-1.94M-2.5M
EBITDA Margin %-95.33%-179.11%-6.44%-0.24%-5.17%-3.28%-5.2%-7.18%-1.2%-6.17%
EBITDA Growth %-1.28%0.19%-0.04%0.56%-9.04%0.17%-0.28%0.33%0.81%-0.29%
D&A (Non-Cash Add-back)25.88K25.76K15.25K2.94K333.84K378.75K347.61K323.14K305.95K260.12K
EBIT-3.9M-3.14M-3.24M-1.51M-14.65M-12.79M-15.29M-10.78M-2.5M-4.91M
Net Interest Income+-112.35K-6.9K0-134.31K-91.64K-34.2K-57.69K-19.65K42.36K5.62K
Interest Income39.86K27085.87K36.87K35.3K5.32K29.25K63.96K9.16K
Interest Expense152.21K6.92K45.35K220.17K128.52K69.5K63.01K48.9K21.61K3.55K
Other Income/Expense-1.56M-19.79K-45.35K-220.17K-176.45K-615.33K154K-263.06K-257.19K-2.15M
Pretax Income+-4.2M-3.15M-3.28M-1.64M-14.78M-12.86M-15.35M-10.8M-2.5M-4.91M
Pretax Margin %-104.32%-181.74%-6.56%-0.27%-5.35%-3.56%-5.26%-7.6%-1.55%-12.15%
Income Tax+152.21K6.92K00000000
Effective Tax Rate %1%1%1%1%1%1%1%1.93%4.22%-1.44%
Net Income+-4.2M-3.15M-3.28M-1.64M-14.78M-12.86M-15.35M-20.8M-10.56M7.06M
Net Margin %-104.32%-181.74%-6.56%-0.27%-5.35%-3.56%-5.26%-14.63%-6.54%17.46%
Net Income Growth %-1.37%0.25%-0.04%0.5%-7.99%0.13%-0.19%-0.36%0.49%1.67%
Net Income (Continuing)-4.2M-3.15M-3.28M-1.64M-14.78M-12.86M-15.35M-10.8M-2.5M-4.91M
Discontinued Operations0000000-10M-8.06M11.97M
Minority Interest0000000000
EPS (Diluted)+-46.80-33.60-30.00-8.47-67.20-57.60-54.00-55.20-16.808.40
EPS Growth %-1.17%0.28%0.11%0.72%-6.93%0.14%0.06%-0.02%0.7%1.5%
EPS (Basic)-46.80-33.60-30.00-8.47-67.20-57.60-54.00-55.20-16.808.40
Diluted Shares Outstanding90.43K95.1K107.84K194.11K220.24K222.35K284.33K376.54K619.23K817.61K
Basic Shares Outstanding90.43K95.1K107.84K194.11K220.24K222.35K284.33K376.54K619.23K817.61K
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+2.78M1.66M3.05M42.15M32.39M19.49M21.94M7.83M4.23M3.54M
Cash & Short-Term Investments2.63M1.42M2.59M41.68M31.55M18.76M20.5M6.96M3.87M3.35M
Cash Only2.63M1.42M2.59M41.67M31.54M18.7M20.48M6.96M3.87M3.34M
Short-Term Investments0007.98K13.97K64.93K17.14K3.17K8486.5K
Accounts Receivable132.07K220.72K303.88K273.02K118.03K68.37K324.42K598.32K151.27K15.51K
Days Sales Outstanding1.2K4.65K221.8816.4915.596.9140.6153.5334.2314.01
Inventory0000-13.97K162.84K0000
Days Inventory Outstanding----------
Other Current Assets000013.97K00007.97K
Total Non-Current Assets+106.95K24.41K9.84K63.27K639.88K692.25K600.01K453.09K407.28K7.14M
Property, Plant & Equipment31.84K17.3K2.75K8.87K570.97K633.1K542.1K398.73K352.94K42.71K
Fixed Asset Turnover1.27x1.00x181.71x681.54x4.84x5.71x5.38x3.57x4.57x9.46x
Goodwill0000000000
Intangible Assets0000000000
Long-Term Investments75.11K7.1K7.09K54.4K000007.09M
Other Non-Current Assets000068.91K59.14K57.91K54.35K54.34K7.09K
Total Assets+2.89M1.68M3.06M42.21M33.03M20.18M22.54M8.28M4.64M10.68M
Asset Turnover0.01x0.01x0.16x0.14x0.08x0.18x0.13x0.17x0.35x0.04x
Asset Growth %-0.28%-0.42%0.82%12.78%-0.22%-0.39%0.12%-0.63%-0.44%1.3%
Total Current Liabilities+1.03M1.25M1.48M2.33M5.68M3.62M4.13M3.28M2.89M802.09K
Accounts Payable170.9K669.68K383.21K1.15M2.22M983.54K1.79M1.28M984.38K253.29K
Days Payables Outstanding1.55K14.11K4.7K2.91K3.52K-----
Short-Term Debt0000000000
Deferred Revenue (Current)1580439.02K212.74K1000K820.15K00234.98K0
Other Current Liabilities00439.02K0000000
Current Ratio2.70x1.33x2.07x18.06x5.70x5.38x5.31x2.39x1.46x4.42x
Quick Ratio2.70x1.33x2.07x18.06x5.70x5.34x5.31x2.39x1.46x4.42x
Cash Conversion Cycle----------
Total Non-Current Liabilities+195.66K214.44K243.86K639.35K1.82M1.95M1.48M87.03K603.14K198.94K
Long-Term Debt0000000000
Capital Lease Obligations0000177.22K258.79K194.32K87.03K70.38K34.69K
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities195.66K214.44K243.86K639.35K1.65M1.69M1.28M0443.52K164.25K
Total Liabilities1.23M1.46M1.72M2.97M7.5M5.57M5.61M3.37M3.5M1M
Total Debt+0000550.25K567.4K482.01K373.13K344.34K41.99K
Net Debt-2.63M-1.42M-2.59M-41.67M-30.99M-18.13M-20M-6.58M-3.52M-3.3M
Debt / Equity----0.02x0.04x0.03x0.08x0.30x0.00x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-25.41x-451.99x-71.34x-6.47x-113.64x-176.16x-246.08x-215.57x-103.81x-776.78x
Total Equity+1.66M218.59K1.34M39.24M25.52M14.61M16.93M4.91M1.15M9.68M
Equity Growth %-0.29%-0.87%5.14%28.23%-0.35%-0.43%0.16%-0.71%-0.77%7.45%
Book Value per Share18.402.3012.45202.16115.8965.7159.5513.051.8511.84
Total Shareholders' Equity1.66M218.59K1.34M39.24M25.52M14.61M16.93M4.91M1.15M9.68M
Common Stock11.03M11.56M13.42M28.56M32.85M32.85M49.27M1.15M1.84M1.84M
Retained Earnings-277.99M-281.14M-284.42M-286.07M-300.85M-313.71M-329.06M-349.86M-360.42M-353.36M
Treasury Stock00000-6.08M-11.7M-6.28M-909.57K-869.71K
Accumulated OCI6.55M6.76M7.55M10.27M7.15M14.66M24.44M25.77M29.81M31.06M
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-2.63M-2.69M-2.13M1.75M-9.48M-12.18M-14.71M-16.44M-7.99M-5.37M
Operating CF Margin %-65.22%-155.48%-4.27%0.29%-3.43%-3.37%-5.04%-11.56%-4.96%-13.3%
Operating CF Growth %-0.46%-0.03%0.21%1.82%-6.41%-0.28%-0.21%-0.12%0.51%0.33%
Net Income-4.2M-3.15M-3.28M-1.64M-14.78M-12.86M-15.35M-20.8M-10.56M7.06M
Depreciation & Amortization25.88K25.76K15.25K2.94K333.84K378.75K347.61K323.14K305.95K260.12K
Stock-Based Compensation355.91K197.35K800.19K2.3M1.69M1.18M1.18M3.68M1.79M0
Deferred Taxes863.46K17.82K19.52K20.01K96.53K-27.72K-150.59K000
Other Non-Cash Items336.27K19.79K45.35K331.93K523.88K972.63K32.93K204.13K249.64K-11.46M
Working Capital Changes-5.75K194.28K265.15K742.72K2.66M-1.82M-761.57K157.68K213.76K-1.23M
Change in Receivables00-83.16K30.87K154.99K49.66K-96.41K-252.09K306.51K134.01K
Change in Inventory0000-2.12M1.54M-883.84K427.39K00
Change in Payables00-212.13K1.08M1.97M-1.59M883.84K-427.39K00
Cash from Investing+399.9K-1.51K-697-61.74K-43.25K-59.41K-30.31K2.97K-6.84K4.65M
Capital Expenditures0-11.22K-697-9.05K-28.46K-59.41K-31.55K-581-6.84K-1.27K
CapEx % of Revenue-0.65%0%0%0.01%0.02%0.01%0%0%0%
Acquisitions----------
Investments----------
Other Investing399.9K9.71K0-5.37K000005.12M
Cash from Financing+2.93M1.49M3.36M37.39M-463.69K46.4K16.4M3.1M5.26M104.92K
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing-253.7K-32.32K-25.74K-3.1M-152.89K-306.2K2.75M1.71M3.2M-62.29K
Net Change in Cash----------
Free Cash Flow+-2.63M-2.71M-2.14M1.74M-9.51M-12.24M-14.74M-16.44M-8M-5.37M
FCF Margin %-65.22%-156.13%-4.27%0.29%-3.44%-3.39%-5.05%-11.56%-4.96%-13.3%
FCF Growth %-0.46%-0.03%0.21%1.82%-6.46%-0.29%-0.2%-0.12%0.51%0.33%
FCF per Share-29.07-28.45-19.808.98-43.18-55.05-51.83-43.65-12.92-6.57
FCF Conversion (FCF/Net Income)0.63x0.86x0.65x-1.07x0.64x0.95x0.96x0.79x0.76x-0.76x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-209.69%-334.54%-420.26%-8.11%-45.64%-64.08%-97.35%-190.48%-348.48%130.39%
Return on Invested Capital (ROIC)----------103.27%
Gross Margin--94.05%97.61%91.67%100%100%100%100%100%
Net Margin-10432.03%-18174.08%-656.22%-27.21%-534.98%-355.92%-526.42%-1462.57%-654.47%1746.04%
Debt / Equity----0.02x0.04x0.03x0.08x0.30x0.00x
Interest Coverage-25.41x-451.99x-71.34x-6.47x-113.64x-176.16x-246.08x-215.57x-103.81x-776.78x
FCF Conversion0.63x0.86x0.65x-1.07x0.64x0.95x0.96x0.79x0.76x-0.76x
Revenue Growth-52.81%-57%2784.72%1109.03%-54.29%30.77%-19.28%-51.22%13.39%-74.95%

Revenue by Segment

201920202021202220232024
Research--2.9M1.4M1.6M400K
Research Growth----51.72%14.29%-75.00%
Ifrs Research2.8M3.6M----
Ifrs Research Growth-28.57%----

Frequently Asked Questions

Valuation & Price

Addex Therapeutics Ltd (ADXN) has a price-to-earnings (P/E) ratio of 1.0x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Addex Therapeutics Ltd (ADXN) reported $0.1M in revenue for fiscal year 2024. This represents a 97% decrease from $2.8M in 2011.

Addex Therapeutics Ltd (ADXN) saw revenue decline by 74.9% over the past year.

Addex Therapeutics Ltd (ADXN) reported a net loss of $6.0M for fiscal year 2024.

Dividend & Returns

Addex Therapeutics Ltd (ADXN) has a return on equity (ROE) of 130.4%. This is excellent, indicating efficient use of shareholder capital.

Addex Therapeutics Ltd (ADXN) had negative free cash flow of $1.4M in fiscal year 2024, likely due to heavy capital investments.

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