Arvinas, Inc. (ARVN)

Arvinas Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	78.5	131.4	53.6	25.9	43
Revenue Growth (YoY)	-40.26%	145.15%	106.95%	-39.77%	200.20%
Gross Profit	78.5	131.4	53.6	25.9	43
Selling, General & Admin	100.3	79.6	61.6	38.3	27.3
Research & Development	379.7	315	180.4	108.4	67.2
Operating Expenses	480	394.6	242	146.7	94.5
Operating Income	-401.5	-263.2	-188.4	-120.8	-51.5
Interest Expense / Income	0	0	0	0	0.1
Other Expense / Income	-35.1	-1.6	2.6	-1.5	18.7
Pretax Income	-366.4	-261.6	-191	-119.3	-70.3
Income Tax	0.9	20.9	0	0	0
Net Income	-367.3	-282.5	-191	-119.3	-70.3
Shares Outstanding (Basic)	56	53	50	40	33
Shares Outstanding (Diluted)	56	53	50	40	33
Shares Change	4.32%	6.40%	26.58%	20.06%	249.15%
EPS (Basic)	-6.62	-5.31	-3.82	-3.02	-2.13
EPS (Diluted)	-6.62	-5.31	-3.82	-3.02	-2.13
Free Cash Flow	-350.7	-280.3	554.7	-96.1	-46.9
Free Cash Flow Per Share	-6.32	-5.27	11.09	-2.43	-1.43
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-511.46%	-200.30%	-351.49%	-466.41%	-119.77%
Profit Margin	-467.90%	-214.99%	-356.34%	-460.62%	-163.49%
Free Cash Flow Margin	-446.75%	-213.32%	1034.89%	-371.04%	-109.07%
EBITDA	-359.7	-253.4	-185	-115.2	-67.9
EBITDA Margin	-458.22%	-192.85%	-345.15%	-444.79%	-157.91%
Depreciation & Amortization	6.7	8.2	6	4.1	2.3
EBIT	-366.4	-261.6	-191	-119.3	-70.2
EBIT Margin	-466.75%	-199.09%	-356.34%	-460.62%	-163.26%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).