Fennec Pharmaceuticals Inc. (FENC)

Fennec Pharmaceuticals Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	38.79	47.54	21.25	1.54	-	0.17
Revenue Growth (YoY)	-21.39%	123.69%	1284.50%	-	-	-
Cost of Revenue	2.67	3.18	1.26	0.09	-	-
Gross Profit	36.12	44.35	19.99	1.45	-	0.17
Selling, General & Admin	40.5	41.48	32.71	20.51	12.24	12.95
Research & Development	0.28	0.31	0.06	3.53	4.98	5.11
Operating Expenses	40.78	41.79	32.76	24.04	17.22	18.06
Operating Income	-4.66	2.57	-12.77	-22.59	-17.22	-17.89
Interest Expense	-2.8	-4.16	-3.68	-1.13	-0.14	-0.41
Interest & Investment Income	0.96	1.68	0.44	0.2	0.05	0.09
Currency Exchange Gain (Loss)	-	-0.08	0.01	-0.01	-0.01	-
EBT Excluding Unusual Items	-6.51	0.01	-16.01	-23.53	-17.32	-18.21
Gain (Loss) on Sale of Investments	-0.07	-0.08	-0.04	-0.18	-0.03	0.1
Pretax Income	-6.57	-0.07	-16.05	-23.71	-17.35	-18.11
Income Tax Expense	0.37	0.37	-	-	-	-
Net Income	-6.94	-0.44	-16.05	-23.71	-17.35	-18.11
Net Income to Common	-6.94	-0.44	-16.05	-23.71	-17.35	-18.11
Shares Outstanding (Basic)	28	27	27	26	26	24
Shares Outstanding (Diluted)	28	27	27	26	26	24
Shares Change (YoY)	1.25%	2.71%	1.14%	1.03%	9.71%	19.14%
EPS (Basic)	-0.25	-0.02	-0.60	-0.90	-0.67	-0.76
EPS (Diluted)	-0.26	-0.02	-0.60	-0.90	-0.67	-0.76
Gross Margin	93.12%	93.30%	94.08%	94.40%	-	100.00%
Operating Margin	-12.02%	5.40%	-60.09%	-1471.60%	-	-10520.59%
Profit Margin	-17.89%	-0.92%	-75.50%	-1544.89%	-	-10652.35%
EBITDA	-4.33	3.6	-	-	-	-
EBITDA Margin	-11.15%	7.57%	-	-	-	-
D&A For EBITDA	0.34	1.03	-	-	-	-
EBIT	-4.66	2.57	-12.77	-22.59	-17.22	-17.89
EBIT Margin	-12.02%	5.40%	-60.09%	-	-	-
Revenue as Reported	38.79	47.54	21.25	-	-	-

Updated Nov 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q