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Xenon Pharmaceuticals Inc. (XENE) 10-Year Financial Performance & Capital Metrics

XENE • • Industrial / General
HealthcareBiotechnologyNeurology & CNS DisordersAlzheimer's & Neurodegenerative
AboutXenon Pharmaceuticals Inc., a clinical-stage biopharmaceutical company, engages in developing therapeutics to treat patients with neurological disorders in Canada. Its clinical development pipeline includes XEN496, A Kv7 potassium channel opener that is Phase III clinical trials for the treatment of KCNQ2 developmental and epilepsy encephalopathy; and XEN1101, A Kv7 potassium channel opener, which is in Phase II clinical trial for the treatment of epilepsy and other neurological disorders. The company's product candidates also comprise NBI-921352, a selective Nav1.6 sodium channel inhibitor that is in Phase II clinical trials for the treatment of SCN8A developmental and epileptic encephalopathy, and other potential indications, including adult focal epilepsy; and XEN007, A central nervous system-acting calcium channel modulator, which is in Phase II clinical trials. It has a license and collaboration agreement with the Neurocrine Biosciences, Inc. to develop treatments for epilepsy; and with Flexion Therapeutics, Inc. to develop PCRX301 (XEN402, a Nav1.7 inhibitor) for the treatment of post-operative pain. Xenon Pharmaceuticals Inc. was incorporated in 1996 and is headquartered in Burnaby, Canada.Show more
  • Revenue $0
  • EBITDA -$277M -31.5%
  • Net Income -$234M -28.5%
  • EPS (Diluted) -3.01 -10.3%
  • Gross Margin -
  • EBITDA Margin -
  • Operating Margin -
  • Net Margin -
  • ROE -27.85% -25.9%
  • ROIC -29.68% -35.4%
  • Debt/Equity 0.01 +1.6%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free

✗Weaknesses

  • ✗Weak Piotroski F-Score: 2/9
  • ✗Shares diluted 16.5% in last year
  • ✗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

10Y-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-43.56%

EPS CAGR

10Y-
5Y-
3Y-
TTM-37.94%

ROCE

10Y Avg-32.35%
5Y Avg-24.52%
3Y Avg-26.18%
Latest-32.86%

Peer Comparison

Alzheimer's & Neurodegenerative
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Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+15.58M1.8M311K06.83M32.17M18.44M9.43M00
Revenue Growth %-0.45%-0.88%-0.83%-1%-3.71%-0.43%-0.49%-1%-
Cost of Goods Sold+2.76M1.11M25.57M6M0000167.51M2.56M
COGS % of Revenue0.18%0.62%82.23%-------
Gross Profit+12.81M689K-25.26M-6M6.83M32.17M18.44M9.43M-167.51M-2.56M
Gross Margin %0.82%0.38%-81.23%-1%1%1%1%--
Gross Profit Growth %-0.43%-0.95%-37.66%0.76%2.14%3.71%-0.43%-0.49%-18.76%0.98%
Operating Expenses+24.94M26.62M32.89M32.02M49.65M63.47M97.43M138.58M46.54M276.74M
OpEx % of Revenue1.6%14.76%105.74%-7.27%1.97%5.28%14.69%--
Selling, General & Admin9.79M6.79M7.31M8.38M10.8M12.94M21.97M32.81M46.54M68.9M
SG&A % of Revenue0.63%3.77%23.51%-1.58%0.4%1.19%3.48%--
Research & Development15.15M19.83M25.57M23.63M38.84M50.52M75.46M105.77M167.51M210.39M
R&D % of Revenue0.97%11%82.23%-5.69%1.57%4.09%11.21%--
Other Operating Expenses-6.39M0000000-167.51M-2.56M
Operating Income+-9.36M-24.82M-32.58M-38.02M-42.82M-31.3M-78.99M-129.14M-214.05M-279.3M
Operating Margin %-0.6%-13.76%-104.74%--6.27%-0.97%-4.28%-13.69%--
Operating Income Growth %-1.84%-1.65%-0.31%-0.17%-0.13%0.27%-1.52%-0.63%-0.66%-0.3%
EBITDA+-8.32M-23.95M-31.93M-37.43M-42.39M-30.66M-78.09M-127.74M-210.51M-276.74M
EBITDA Margin %-0.53%-13.29%-102.66%--6.21%-0.95%-4.24%-13.54%--
EBITDA Growth %-1.7%-1.88%-0.33%-0.17%-0.13%0.28%-1.55%-0.64%-0.65%-0.31%
D&A (Non-Cash Add-back)1.04M864K649K586K429K644K906K1.41M3.54M2.56M
EBIT-9.36M-24.82M-30.7M-33.13M-40.18M-28.61M-78.99M-129.14M-214.05M-238.42M
Net Interest Income+542K504K477K-178K919K1.79M466K8.71M27.62M41.94M
Interest Income542K504K477K1.22M2.35M2.28M466K8.71M27.62M41.94M
Interest Expense0001.39M1.43M484K0000
Other Income/Expense-6.39M1.82M1.87M6.4M1.2M2.21M105K3.89M31.37M40.88M
Pretax Income+-15.75M-23M-30.7M-34.5M-41.62M-29.09M-78.89M-125.25M-182.69M-238.42M
Pretax Margin %-1.01%-12.75%-98.73%--6.09%-0.9%-4.28%-13.28%--
Income Tax+0004.91M-23K-257K-6K118K-292K-4.09M
Effective Tax Rate %1%1%1%1%1%0.99%1%1%1%0.98%
Net Income+-15.75M-23M-30.7M-34.5M-41.59M-28.84M-78.88M-125.37M-182.39M-234.33M
Net Margin %-1.01%-12.75%-98.73%--6.09%-0.9%-4.28%-13.29%--
Net Income Growth %-2.21%-0.46%-0.34%-0.12%-0.21%0.31%-1.74%-0.59%-0.45%-0.28%
Net Income (Continuing)-15.75M-23M-30.7M-34.5M-41.59M-28.84M-78.88M-125.37M-182.39M-234.33M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+-1.10-1.48-1.71-1.78-1.54-0.83-1.77-2.06-2.73-3.01
EPS Growth %-2.17%-0.35%-0.16%-0.04%0.13%0.46%-1.13%-0.16%-0.33%-0.1%
EPS (Basic)-1.10-1.48-1.71-1.78-1.54-0.83-1.77-2.06-2.73-3.01
Diluted Shares Outstanding14.28M15.49M18M19.43M25.94M34.54M43.63M60.54M66.89M77.89M
Basic Shares Outstanding14.28M15.49M17.99M19.43M25.94M34.54M43.63M60.54M66.89M77.89M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+60.87M65.67M44.82M121.44M144.87M181.78M559.02M600.3M644.96M635.26M
Cash & Short-Term Investments58.65M64.15M43.67M119.31M141.36M177M551.77M592.09M638.08M626.9M
Cash Only58.65M17.09M20.49M67.75M24.75M45.01M175.69M57.24M148.64M142.71M
Short-Term Investments047.05M23.18M51.55M116.6M131.99M376.09M534.85M489.44M484.19M
Accounts Receivable315K200K438K151K813K1.82M2.77M986K874K1.47M
Days Sales Outstanding7.3840.49514.05-43.4520.6754.7438.15--
Inventory0000000000
Days Inventory Outstanding----------
Other Current Assets00000007.22M6.01M6.89M
Total Non-Current Assets+3.08M1.81M1.3M991K2.83M7.4M12.99M153.85M319.84M162.88M
Property, Plant & Equipment1.99M1.4M1.07M991K2.59M6.88M12.52M16.91M18.85M18.22M
Fixed Asset Turnover7.83x1.28x0.29x-2.63x4.68x1.47x0.56x--
Goodwill0000000000
Intangible Assets0000000000
Long-Term Investments0000000128.68M292.79M127.5M
Other Non-Current Assets1.09M408K230K-105K0007.75M7.4M7.5M
Total Assets+63.95M67.49M46.12M122.43M147.7M189.19M572.01M754.15M964.8M798.14M
Asset Turnover0.24x0.03x0.01x-0.05x0.17x0.03x0.01x--
Asset Growth %-0.27%0.06%-0.32%1.65%0.21%0.28%2.02%0.32%0.28%-0.17%
Total Current Liabilities+2.78M3.52M4.08M4.12M43.38M14.78M14.32M22.7M27.27M35.59M
Accounts Payable1.09M1.46M1.25M665K2.47M3.04M3.82M8.49M8.6M5.07M
Days Payables Outstanding143.78479.3517.8840.45----18.73722.87
Short-Term Debt00700K04.65M00000
Deferred Revenue (Current)157K00-1000K1000K1000K0000
Other Current Liabilities762K59K44K1.73M3.45M2.86M5.94M5.82M347K9.93M
Current Ratio21.88x18.68x10.98x29.48x3.34x12.30x39.03x26.44x23.65x17.85x
Quick Ratio21.88x18.68x10.98x29.48x3.34x12.30x39.03x26.44x23.65x17.85x
Cash Conversion Cycle----------
Total Non-Current Liabilities+133K70K6.1M15.01M12.34M3.05M7.65M9.95M9.6M7.65M
Long-Term Debt006.1M15.01M10.89M00000
Capital Lease Obligations0000743K3.05M7.65M9.95M9.6M7.65M
Deferred Tax Liabilities000010.89M00000
Other Non-Current Liabilities133K000000000
Total Liabilities2.92M3.59M10.19M19.13M55.72M17.83M21.97M32.65M36.88M43.24M
Total Debt+006.8M15.01M16.45M3.31M8.26M10.44M10.9M9.02M
Net Debt-58.65M-17.09M-13.68M-52.74M-8.3M-41.69M-167.43M-46.81M-137.74M-133.7M
Debt / Equity--0.19x0.15x0.18x0.02x0.02x0.01x0.01x0.01x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage----27.27x-29.86x-64.67x----
Total Equity+61.03M63.9M35.93M103.3M91.98M171.35M550.03M721.5M927.92M754.9M
Equity Growth %-0.16%0.05%-0.44%1.87%-0.11%0.86%2.21%0.31%0.29%-0.19%
Book Value per Share4.274.122.005.323.554.9612.6111.9213.879.69
Total Shareholders' Equity61.03M63.9M35.93M103.3M91.98M171.35M550.03M721.5M927.92M754.9M
Common Stock148.63M173.25M173.84M265.92M294.24M397.75M783.17M1.07B1.44B1.46B
Retained Earnings-119.69M-142.68M-173.39M-207.88M-249.66M-278.49M-357.37M-482.75M-665.14M-899.47M
Treasury Stock0000000000
Accumulated OCI-990K-990K-990K-990K-990K-990K-990K-3M-77K-1.61M
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-18.1M-19.57M-28.73M-34.72M-4.63M-48.12M-69.5M-98.43M-145.33M-181.39M
Operating CF Margin %-1.16%-10.85%-92.37%--0.68%-1.5%-3.77%-10.43%--
Operating CF Growth %-69.06%-0.08%-0.47%-0.21%0.87%-9.39%-0.44%-0.42%-0.48%-0.25%
Net Income-15.75M-23M-30.7M-34.5M-41.59M-28.84M-78.88M-125.37M-182.39M-234.33M
Depreciation & Amortization1.04M864K649K586K429K644K906K1.62M3.54M2.56M
Stock-Based Compensation3.73M2.16M2.24M2.63M2.92M5.68M10.02M20.38M32.37M50.72M
Deferred Taxes6.9M-1.3M-1.47M646K-133K-285K58K-44K-292K-8.86M
Other Non-Cash Items-63K-63K11K-4.11M223K766K1.05M5.66M-4.19M2.81M
Working Capital Changes-13.96M1.77M556K30K33.52M-26.09M-2.65M-676K5.63M5.71M
Change in Receivables-107K121K-232K175K-653K-1.03M-459K1.76M130K-614K
Change in Inventory0571K613K-783K-4.54M-2.02M-2.97M000
Change in Payables80K547K-3K783K4.54M2.02M2.97M8.06M3.93M8.53M
Cash from Investing+10.19M-47.84M24.29M-28.99M-66.29M-16.82M-246.77M-296M-117.17M165M
Capital Expenditures-551K-279K-315K-507K-1.24M-2.64M-2.05M-2.89M-5.62M-3.08M
CapEx % of Revenue0.04%0.15%1.01%-0.18%0.08%0.11%0.31%--
Acquisitions----------
Investments----------
Other Investing10.74M-47.56M52.62M48.52M75.44M214.71M144.75M-296M00
Cash from Financing+278K23.96M7.07M111.59M27.52M85.8M447.54M278.47M353.52M12.13M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing0132K177K288K122K82K260K705K35K47K
Net Change in Cash----------
Free Cash Flow+-18.65M-19.85M-29.04M-35.23M-5.87M-50.76M-71.55M-101.32M-150.94M-184.46M
FCF Margin %-1.2%-11.01%-93.38%--0.86%-1.58%-3.88%-10.74%--
FCF Growth %-13.77%-0.06%-0.46%-0.21%0.83%-7.64%-0.41%-0.42%-0.49%-0.22%
FCF per Share-1.31-1.28-1.61-1.81-0.23-1.47-1.64-1.67-2.26-2.37
FCF Conversion (FCF/Net Income)1.15x0.85x0.94x1.01x0.11x1.67x0.88x0.79x0.80x0.77x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-23.54%-36.81%-61.51%-49.55%-42.6%-21.9%-21.87%-19.72%-22.12%-27.85%
Return on Invested Capital (ROIC)-447.75%-75.68%-70.76%-78.32%-47.85%-22.01%-23.13%-18.32%-21.92%-29.68%
Gross Margin82.27%38.21%-8122.83%-100%100%100%100%--
Net Margin-101.12%-1275.49%-9872.67%--609.09%-89.65%-427.85%-1328.95%--
Debt / Equity--0.19x0.15x0.18x0.02x0.02x0.01x0.01x0.01x
Interest Coverage----27.27x-29.86x-64.67x----
FCF Conversion1.15x0.85x0.94x1.01x0.11x1.67x0.88x0.79x0.80x0.77x
Revenue Growth-45.09%-88.43%-82.75%-100%-371.02%-42.68%-48.83%-100%-

Revenue by Segment

202020212022
License and Service--9.43M
License and Service Growth---
License And Service32.17M18.44M-
License And Service Growth--42.68%-

Frequently Asked Questions

Growth & Financials

Xenon Pharmaceuticals Inc. (XENE) reported $7.5M in revenue for fiscal year 2024. This represents a 48% decrease from $14.3M in 2012.

Xenon Pharmaceuticals Inc. (XENE) grew revenue by 0.0% over the past year. Growth has been modest.

Xenon Pharmaceuticals Inc. (XENE) reported a net loss of $306.3M for fiscal year 2024.

Dividend & Returns

Xenon Pharmaceuticals Inc. (XENE) has a return on equity (ROE) of -27.8%. Negative ROE indicates the company is unprofitable.

Xenon Pharmaceuticals Inc. (XENE) had negative free cash flow of $253.3M in fiscal year 2024, likely due to heavy capital investments.

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