Zai Lab Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	2018 - 2015
Revenue	291.07	266.72	215.04	144.31	48.96	12.99	Upgrade
Revenue Growth (YoY)	25.94%	24.03%	49.01%	194.77%	277.04%	9965.89%	Upgrade
Cost of Revenue	108.1	95.82	74.02	52.24	16.74	3.75	Upgrade
Gross Profit	182.97	170.9	141.02	92.07	32.22	9.24	Upgrade
Selling, General & Admin	288.29	281.61	258.97	218.83	111.31	70.21	Upgrade
Research & Development	272.04	265.87	286.41	573.31	222.71	142.22	Upgrade
Other Operating Expenses	-25.13	-17.01	-3.11	10.2	-7.42	-0.94	Upgrade
Operating Expenses	535.2	530.47	542.27	802.34	326.61	211.49	Upgrade
Operating Income	-352.23	-359.57	-401.24	-710.27	-294.38	-202.26	Upgrade
Interest Expense / Income	0.11	0	0	0	0.18	0.29	Upgrade
Other Expense / Income	-13.39	-24.95	42.04	-5.79	-25.66	-7.48	Upgrade
Pretax Income	-338.95	-334.62	-443.29	-704.47	-268.91	-195.07	Upgrade
Net Income	-338.95	-334.62	-443.29	-704.47	-268.91	-195.07	Upgrade
Shares Outstanding (Basic)	973	966	958	930	777	644	Upgrade
Shares Outstanding (Diluted)	973	966	958	930	777	644	Upgrade
Shares Change	1.22%	0.87%	3.03%	19.73%	20.66%	22.35%	Upgrade
EPS (Basic)	-3.50	-3.50	-4.60	-7.60	-3.50	-3.03	Upgrade
EPS (Diluted)	-3.50	-3.50	-4.60	-7.60	-3.50	-3.03	Upgrade
Free Cash Flow	-209.77	-191.38	-392.23	-567.52	-226.19	-204.88	Upgrade
Free Cash Flow Per Share	-2.16	-1.98	-4.09	-6.10	-2.91	-3.18	Upgrade
Gross Margin	62.86%	64.08%	65.58%	63.80%	65.82%	71.13%	Upgrade
Operating Margin	-121.01%	-134.81%	-186.59%	-492.17%	-601.30%	-1557.63%	Upgrade
Profit Margin	-116.45%	-125.46%	-206.14%	-488.16%	-549.26%	-1502.28%	Upgrade
Free Cash Flow Margin	-72.07%	-71.75%	-182.40%	-393.26%	-462.00%	-1577.84%	Upgrade
EBITDA	-321.14	-316.88	-426.71	-691.87	-259.77	-188.18	Upgrade
EBITDA Margin	-110.33%	-118.81%	-198.43%	-479.42%	-530.59%	-1449.22%	Upgrade
Depreciation & Amortization	17.7	17.74	16.58	12.61	8.96	6.6	Upgrade
EBIT	-338.83	-334.62	-443.29	-704.47	-268.72	-194.78	Upgrade
EBIT Margin	-116.41%	-125.46%	-206.14%	-488.16%	-548.89%	-1500.02%	Upgrade

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).