XOMA Royalty Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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
Revenue	47.11	28.49	4.76	6.03	38.16	29.39
Revenue Growth (YoY)	118.02%	498.72%	-21.05%	-84.21%	29.86%	59.96%
Cost of Revenue	2.3	2.88	0.14	0.15	0.17	0.17
Gross Profit	44.81	25.61	4.62	5.87	37.99	29.22
Selling, General & Admin	29.08	30.88	25.61	23.19	20.46	16.8
Amortization of Goodwill & Intangibles	2.28	0.21	0.9	0.1	-	-
Operating Expenses	39.26	61.99	28.08	23.29	20.46	16.8
Operating Income	5.55	-36.38	-23.46	-17.41	17.53	12.42
Interest Expense	-13.4	-13.84	-0.57	-	-0.46	-1.84
Interest & Investment Income	4.04	6.49	1.69	0.69	0.04	0.16
Other Non Operating Income (Expenses)	4.7	8.4	-	0.04	0.01	0.05
EBT Excluding Unusual Items	0.89	-35.33	-22.35	-16.68	17.11	10.79
Merger & Restructuring Charges	-3.6	-3.6	-	-	-	-
Gain (Loss) on Sale of Investments	0.74	0.13	-0.17	-0.44	-0.92	1.01
Asset Writedown	-	-	-14.25	-	-	-
Other Unusual Items	18	19.32	-4.06	-	-0.3	-
Pretax Income	16.03	-19.48	-40.83	-17.12	15.89	11.8
Income Tax Expense	-5.61	-5.66	-	-0.02	0.09	-1.5
Net Income	21.64	-13.82	-40.83	-17.1	15.8	13.3
Preferred Dividends & Other Adjustments	11.79	5.47	5.47	5.47	8.01	4.51
Net Income to Common	9.86	-19.29	-46.3	-22.58	7.79	8.79
Net Income Growth	-	-	-	-	18.80%	-
Shares Outstanding (Basic)	12	12	11	11	11	11
Shares Outstanding (Diluted)	16	12	11	11	12	12
Shares Change (YoY)	41.45%	2.00%	0.51%	-6.39%	5.99%	31.27%
EPS (Basic)	0.82	-1.65	-4.04	-1.98	0.69	0.82
EPS (Diluted)	0.82	-1.65	-4.04	-1.98	0.65	0.78
EPS Growth	-	-	-	-	-16.56%	-
Free Cash Flow	5.47	-13.77	-18.18	-12.88	22.68	10.08
Free Cash Flow Per Share	0.33	-1.18	-1.58	-1.13	1.86	0.88
Gross Margin	95.13%	89.91%	97.00%	97.46%	99.55%	99.42%
Operating Margin	11.78%	-127.69%	-493.13%	-288.93%	45.94%	42.25%
Profit Margin	20.92%	-67.73%	-973.16%	-374.58%	20.41%	29.92%
Free Cash Flow Margin	11.60%	-48.33%	-381.99%	-213.69%	59.43%	34.31%
EBITDA	7.84	-36.16	-22.56	-17.31	17.54	12.44
EBITDA Margin	16.65%	-126.94%	-	-287.21%	45.95%	42.33%
D&A For EBITDA	2.29	0.22	0.9	0.1	0.01	0.02
EBIT	5.55	-36.38	-23.46	-17.41	17.53	12.42
EBIT Margin	11.78%	-127.69%	-	-288.93%	45.93%	42.25%
Effective Tax Rate	-	-	-	-	0.57%	-
Revenue as Reported	47.11	28.49	4.76	6.03	38.16	29.39

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