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Adagene (ADAG) Revenue & Revenue Breakdown

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Adagene Revenue Highlights

Latest Revenue (Y)

$18.11M

Latest Revenue (Q)

$833.34K

Main Segment (Y)

Service

Main Geography (Y)

Service

Adagene Revenue by Period

Adagene Revenue by Year

DateRevenueChange
2023-12-31$18.11M94.90%
2022-12-31$9.29M-8.67%
2021-12-31$10.18M2019.85%
2020-12-31$480.00K-
2019-12-31$480.00K-68.24%
2018-12-31$1.51M-

Adagene generated $18.11M in revenue during NA 2023, up 94.90% compared to the previous quarter, and up 1198.51% compared to the same period a year ago.

Adagene Revenue by Quarter

DateRevenueChange
2023-12-31$833.34K104.31%
2023-09-30$407.87K-97.64%
2023-06-30$17.30M100.00%
2023-03-31$8.65M55.31%
2022-12-31$5.57M107.40%
2022-09-30$2.68M-31.57%
2022-06-30$3.92M-57.83%
2021-12-31$9.30M5356.65%
2020-12-31$170.50K100.00%
2020-09-30--100.00%
2019-12-31$480.00K-

Adagene generated $833.34K in revenue during Q4 2023, up 104.31% compared to the previous quarter, and up 31.04% compared to the same period a year ago.

Adagene Revenue Breakdown

Adagene Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 20
License$225.00K
Service$398.88K

Adagene's latest annual revenue breakdown by segment (product or service), as of Dec 20: Service (63.94%), and License (36.06%).

Adagene Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 20
License$225.00K
Service$398.88K

Adagene's latest annual revenue breakdown by geography, as of Dec 20: Service (63.94%), and License (36.06%).

Adagene Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ADAGAdagene$18.11M$833.34K
ANABAnaptysBio$17.16M$30.02M
JANXJanux Therapeutics$8.08M$8.90M
MOLNMolecular Partners$7.04M$2.74M
ANEBAnebulo Pharmaceuticals--
RZLTRezolute--
ANTXAN2 Therapeutics--
AVTEAerovate Therapeutics--
ELYMEliem Therapeutics--
ACRVAcrivon Therapeutics--
PMVPPMV Pharmaceuticals--
MLYSMineralys Therapeutics--

ADAG Revenue FAQ

What is Adagene’s yearly revenue?

Adagene's yearly revenue for 2023 was $18.11M, representing an increase of 94.90% compared to 2022. The company's yearly revenue for 2022 was $9.29M, representing a decrease of -8.67% compared to 2021. ADAG's yearly revenue for 2021 was $10.18M, representing an increase of 2019.85% compared to 2020.

What is Adagene’s quarterly revenue?

Adagene's quarterly revenue for Q4 2023 was $833.34K, a 104.31% increase from the previous quarter (Q3 2023), and a -85.03% decrease year-over-year (Q4 2022). The company's quarterly revenue for Q3 2023 was $407.87K, a -97.64% decrease from the previous quarter (Q2 2023), and a -84.81% decrease year-over-year (Q3 2022). ADAG's quarterly revenue for Q2 2023 was $17.3M, a 100.00% increase from the previous quarter (Q1 2023), and a 340.86% increase year-over-year (Q2 2022).

What is Adagene’s revenue growth rate?

Adagene's revenue growth rate for the last 3 years (2021-2023) was 78.00%, and for the last 5 years (2019-2023) was 3673.23%.

What are Adagene’s revenue streams?

Adagene's revenue streams in c 20 are License, and Service. License generated $225K in revenue, accounting 36.06% of the company's total revenue Service generated $398.88K in revenue, accounting 63.94% of the company's total revenue

What is Adagene’s main source of revenue?

For the fiscal year ending Dec 20, the largest source of revenue of Adagene was Service. This segment made a revenue of $398.88K, representing 63.94% of the company's total revenue.