
Advaxis Income Statement 2023-2002 | ADXS
Brief overview of profit and loss at Advaxis
The figures are compared over a five-year interval. According to figures from Advaxis, revenue changed from 6.1 million dollars to 13 thousand dollars over five years. The total change was −99.8%, with a CAGR of approximately −70.7%. The decline points to a contraction in the scale of the business.
The operating result measured by EBITDA moved from −$69.3 million to −$35.9 million, or +48.2%. Operating profitability strengthened faster than the scale of sales. EBITDA margin was −1142.4% at the start and −276130.8% at the end. The business retained less EBITDA from each unit of revenue.
The net financial result changed from −66.5 million dollars to −48.1 million dollars. Losses became smaller, but the business remains unprofitable.
Over the period, capitalization shifted from 783 million dollars to 1.9 million dollars (−99.8%). Investors remain cautious despite better financial results.
Overall conclusion
The financial trajectory is weak and requires a cautious interpretation. The strongest signals are improving net profitability. The overall view is constrained by lower investor confidence, a softer top-line trend and pressure on operating profitability. The key question is whether sales can be converted into sustainable profit.
Annual Income Statement Advaxis
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
1.87 M | 897 K | 20.1 M | 1.7 B | 1.04 B | 783 M | 138 B | 304 B | 338 B | 164 B | 25.5 B | 11.5 B | 5.26 T | - | - | - | - | - | - | - | - | - |
Shares |
6.02 M | 2.9 M | 1.61 M | 61 M | 15.2 M | 3.43 M | 40.5 M | 35.4 M | 28 M | 17.1 M | 5.01 M | 2.56 M | 223 M | 151 M | - | - | - | - | - | - | - | - |
Historical Prices |
0.31 | 0.31 | 12.4 | 27.9 | 68.6 | 228 | 3.41 K | 8.59 K | 12.1 K | 9.61 K | 5.09 K | 4.5 K | 23.6 K | - | - | - | - | - | - | - | - | - |
Net Income |
-48.1 M | -38 M | -17.9 M | -26.5 M | -16.6 M | -66.5 M | -93.4 M | -73.6 M | -47 M | -16.5 M | -20 M | -12.1 M | -8.12 M | -10.8 M | 929 K | -5.42 M | -2.45 M | -6.2 M | -1.81 M | -538 K | -910 K | -167 K |
Revenue |
13 K | 692 K | 3.24 M | 253 K | 20.9 M | 6.06 M | 12 M | 3.99 M | - | 1 M | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
13 K | 602 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
- | 90 K | - | 253 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
-36.3 M | -37.5 M | -18.8 M | -26.4 M | -18 M | -70.4 M | -98.4 M | -76.5 M | -48.7 M | -19.5 M | -14.7 M | -12.3 M | -13 M | -7.93 M | - | - | - | - | - | - | - | - |
Interest Expense |
28 K | 74 K | -1 K | - | -7 K | -63 K | -82 K | -201 | -6.6 K | 5.25 K | 988 K | 4.54 M | 4.7 M | 3.81 M | - | - | - | - | - | - | - | - |
EBITDA |
-35.9 M | -37.3 M | -18.4 M | -25.6 M | -16.9 M | -69.3 M | -97.7 M | -76.2 M | -48.6 M | -19.4 M | -14.5 M | -12.2 M | -12.9 M | -7.83 M | - | - | - | - | - | - | - | - |
Operating Expenses |
- | 19.6 M | 22 M | 26.7 M | 38.9 M | 76.4 M | 110 M | 80.5 M | 48.7 M | 20.5 M | 14.7 M | 12.3 M | 13 M | 8.43 M | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
12.2 M | 9.74 M | 11.5 M | 11.1 M | 12.2 M | 19.5 M | 40 M | 31.7 M | 24.2 M | 11.7 M | 9.07 M | 5.69 M | 4.94 M | 3.53 M | - | - | - | - | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement Advaxis
| 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
4.78 M | 4.78 M | 4.41 M | 2.7 M | 1.82 M | 1.82 M | 146 M | 83.9 M | 146 M | 123 M | 83.9 M | 51.7 M | 61.6 M | 60.6 M | 51.7 M | 4.64 M | 9.87 M | 5.9 M | 69.6 M | 41.4 M | 52.7 M | 49.9 M | 41.4 M | 40.1 M | 40.6 M | 40.3 M | 40.1 M | 33.7 M | 34.4 M | 34.1 M | 33.7 M | 21.6 M | 31 M | 26.7 M | 21.6 M | 13.8 M | 19.3 M | 15.7 M | 13.8 M | 3.57 M | 4.78 M | 529 M | 446 M | 263 M | 347 M | 285 M | 263 M | 207 M | 228 M | 228 M | 213 M |
Net Income |
-7.34 M | -8.7 M | -7.36 M | -365 K | -6.96 M | -2.44 M | -365 K | -3.98 M | -3.33 M | -5.11 M | -3.98 M | -7.86 M | -5.83 M | -6.32 M | -7.86 M | 12.8 M | -9.86 M | -9.38 M | 12.8 M | -20.5 M | -14 M | -13.4 M | -20.5 M | -17.1 M | -32.6 M | -20.5 M | -17.1 M | -19.8 M | -16.5 M | -15.5 M | -19.8 M | -7.03 M | -13.6 M | -13.9 M | -7.03 M | -5.19 M | -5.78 M | -2.31 M | -5.19 M | -5.71 M | -1.6 M | -5.28 M | -5.71 M | -4.37 M | -3.1 M | -2.61 M | -4.37 M | 757 K | 3.64 M | 3.64 M | -9.64 M |
Revenue |
13 K | 9 K | 4 K | - | 250 K | 250 K | 1.62 M | 1.62 M | 250 K | 1.38 M | 1.62 M | 3 K | 253 K | 250 K | 3 K | 19.7 M | 6 K | 1.19 M | 19.7 M | 2.06 M | 1.13 M | 1.75 M | 1.75 M | 3.79 M | 10.3 M | 3.05 M | 3.43 M | 250 K | 250 K | 250 K | - | - | - | - | - | - | 1 M | 1 M | 1 M | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
13 K | 9 K | 4 K | - | 91 K | 38 K | 368 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
90 K | 90 K | 90 K | - | - | - | 90 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
-7.13 M | -8.49 M | -11.9 M | -4.16 M | -7.29 M | -3 M | -4.16 M | -3.96 M | -4.13 M | -6.32 M | -3.96 M | -7.89 M | -5.84 M | -6.32 M | -7.89 M | 10.3 M | -10.1 M | -7.87 M | 10.3 M | -20.5 M | -14.2 M | -13.6 M | -20.5 M | -17.2 M | -32.8 M | -20.7 M | -17.2 M | -20 M | -16.6 M | -15.6 M | -20 M | -6.78 M | -13.6 M | -13.8 M | -6.78 M | -5.96 M | -6 M | -2.6 M | -5.96 M | -2.18 M | -3.05 M | -5.48 M | -2.18 M | -3.24 M | 3.58 M | -3.23 M | -3.24 M | -2.97 M | -3.6 M | -3.6 M | -3.41 M |
Interest Expense |
- | - | - | -4 K | 2 K | -1 K | -4 K | 12 K | 229 K | 229 K | 217 K | - | -2 K | -1 K | -4 K | -4 K | -7 K | -2 K | -4 K | -35 K | -2 K | -5.71 K | -34.5 K | -123 | -75 K | -123 | -123 | -4 | -201 | -197 | -4 | 6.24 K | 5.25 K | 3.24 K | 2.02 K | 2.02 K | 5.25 K | 3.24 K | 2.02 K | 361 K | 143 K | 96 K | 361 K | 1.62 M | 1.05 M | 1.58 M | 1.62 M | 532 K | 1.77 M | 1.77 M | 419 K |
EBITDA |
-6.99 M | -8.39 M | -11.8 M | -4.15 M | -7.28 M | -2.99 M | -4.15 M | -3.77 M | -4.08 M | -6.22 M | -3.77 M | -7.66 M | -5.64 M | -6.12 M | -7.66 M | 10.6 M | -9.83 M | -7.57 M | 10.6 M | -20.3 M | -13.9 M | -13.3 M | -20.3 M | -17 M | -32.6 M | -20.5 M | -17 M | -19.9 M | -16.5 M | -15.5 M | -19.9 M | -6.77 M | -13.6 M | -13.8 M | -6.77 M | -5.92 M | -5.95 M | -2.55 M | -5.92 M | -2.14 M | -3.01 M | -5.44 M | -2.14 M | -3.21 M | 3.62 M | -3.16 M | -3.21 M | -2.94 M | -3.5 M | -3.56 M | -3.38 M |
Operating Expenses |
- | - | - | 4.16 M | 7.29 M | 3.25 M | 4.16 M | 5.58 M | 4.38 M | 7.7 M | 5.58 M | 7.89 M | 5.84 M | 6.57 M | 7.89 M | 9.37 M | 10.1 M | 9.06 M | 9.37 M | 22.6 M | 15.3 M | 15.3 M | 22.6 M | 21 M | 35.9 M | 24.1 M | 21 M | 20.2 M | 16.6 M | 15.6 M | 20.2 M | 6.78 M | 13.6 M | 13.8 M | 6.78 M | 5.96 M | 6 M | 3.6 M | 5.96 M | 2.18 M | 3.05 M | 5.48 M | 2.18 M | 3.24 M | 3.58 M | 3.23 M | 3.24 M | 2.97 M | 3.6 M | 3.6 M | 3.41 M |
General and Administrative Expenses |
1.45 M | 2.76 M | 4.6 M | 2.51 M | 2.05 M | 1.77 M | 2.51 M | 3.01 M | 2.68 M | 3.35 M | 3.01 M | 3.03 M | 2.38 M | 2.65 M | 3.03 M | 2.67 M | 3.08 M | 3.09 M | 2.67 M | 5.85 M | 4.5 M | 4.47 M | 5.53 M | 7.33 M | 18.1 M | 7.78 M | 7.33 M | 7.14 M | 6.42 M | 6.83 M | 7.14 M | 3.15 M | 6.34 M | 7.7 M | 3.2 M | 4.4 M | 2.99 M | 2.05 M | 4.4 M | 1.2 M | 1.73 M | 3.36 M | 1.2 M | 1.03 M | 2.25 M | 1.01 M | 1.03 M | 982 K | 1.64 M | 1.64 M | 962 K |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Advaxis (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.