argenx SE Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	833.04	-295.05	-709.59	-408.27	-608.46
Depreciation & Amortization	7.25	107.63	103.63	5.4	3.67
Other Amortization	10.28	3.67	0.71	0.47	0.25
Loss (Gain) From Sale of Investments	-3.83	-	-4.26	-11.15	-2.95
Loss (Gain) on Equity Investments	7.64	4.41	0.68	-	-
Stock-Based Compensation	235.18	232.97	157.03	179.37	96.93
Other Operating Activities	-847.13	-165.08	-35.28	-31.68	127.72
Change in Accounts Receivable	-423.11	-185.69	-222.26	-31.63	21.96
Change in Inventory	-96	-83.03	-119.28	-83.88	-23.85
Change in Accounts Payable	246.34	95.6	0.33	134.89	50.54
Change in Unearned Revenue	-	-	-	-315.37	-37.79
Change in Other Net Operating Assets	-52.4	-135.77	-34.51	-44.97	-26.49
Operating Cash Flow	-82.75	-420.33	-862.81	-606.81	-398.46
Capital Expenditures	-1.8	-0.81	-0.84	-3.62	-1.07
Sale (Purchase) of Intangibles	-66.5	-43	-102.99	-117.81	-4.07
Investment in Securities	-760.94	259.27	-370.51	-228.24	341.87
Other Investing Activities	111.65	92.75	13.15	2.6	7.96
Investing Cash Flow	-717.59	308.21	-461.18	-347.07	344.69
Long-Term Debt Repaid	-7.64	-3.8	-4.17	-3.86	-2.55
Net Debt Issued (Repaid)	-7.64	-3.8	-4.17	-3.86	-2.55
Issuance of Common Stock	309.27	1,355	854.15	1,125	836.1
Repurchase of Common Stock	-21.87	-12.14	-5.86	-	-
Other Financing Activities	-	-2.33	-0.37	0.44	-0.55
Financing Cash Flow	279.76	1,337	843.76	1,121	833
Foreign Exchange Rate Adjustments	-28.33	23.49	-53.7	-49.59	65.41
Net Cash Flow	-548.91	1,248	-533.94	117.87	844.64
Free Cash Flow	-84.55	-421.14	-863.64	-610.44	-399.53
Free Cash Flow Margin	-3.76%	-33.20%	-195.83%	-115.55%	-644.82%
Free Cash Flow Per Share	-1.30	-7.37	-15.88	-11.95	-8.80
Cash Interest Paid	0.39	0.21	0.85	0.68	0.4
Cash Income Tax Paid	-7.8	37.52	24.14	15.77	2.79
Levered Free Cash Flow	-143.39	-205.62	-670.02	-334.38	-75.77
Unlevered Free Cash Flow	-142.1	-205.19	-669.18	-334.12	-75.64
Change in Working Capital	-325.17	-308.89	-375.72	-340.95	-15.63

Source: S&P Global Market Intelligence. Standard template. Financial Sources.