ADMA Biologics, Inc. logo ADMA - ADMA Biologics, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 8
HOLD 1
SELL 0
STRONG
SELL
0
| PRICE TARGET: $21.00 DETAILS
HIGH: $24.00
LOW: $18.00
MEDIAN: $21.00
CONSENSUS: $21.00
UPSIDE: 154.85%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue
Revenue 510.2 426.5 258.2 154.1 80.9 42.2 29.3 17.0 22.8 10.7 7.2 5.9 3.1 1.1 0 0 0 0 0
Cost of Revenue 217.4 206.9 169.3 118.8 79.8 61.3 39.5 42.2 29.2 6.4 4.3 3.7 2.0 0.7 0 0 0 0 0
Gross Profit 292.8 219.6 88.9 35.3 1.2 (19.1) (10.2) (25.2) (6.4) 4.3 2.9 2.2 1.0 0.4 0 0 0 0 0
Operating Expenses
R&D Expenses 4.8 1.8 3.3 3.6 3.6 5.9 2.3 3.9 6.2 7.7 7.0 9.5 9.3 3.5 0 0 0 0 0
SG&A Expenses 91.6 74.1 59.0 52.5 42.9 35.1 25.9 22.5 18.1 8.5 6.7 4.8 4.4 3.1 0.0 0.0 0 0 0.0
Other Expenses 5.0 4.6 5.0 18.6 13.0 4.9 3.0 (0.1) (0.0) 0.0 4.6 (0.1) 0.1 1.7 0 0 (20.0) 24.9 29.7
Operating Expenses 101.3 80.6 67.3 74.6 59.5 45.8 31.3 35.1 32.1 21.6 18.4 18.2 16.1 8.4 0.0 0.0 (20.0) 24.9 29.7
Operating Income
Operating Income 191.4 139.0 21.6 (39.4) (58.4) (64.9) (41.4) (60.3) (39.3) (17.3) (15.5) (16.0) (15.0) (7.9) (0.0) (0.0) (20.0) (24.9) (29.7)
Interest Expense 7.1 13.9 25.0 19.3 13.1 12.0 9.0 5.5 3.3 2.2 1.8 1.3 0.6 0.0 0 0 0 0 0
Interest Income 1.9 2.1 1.6 0.0 0.0 0.3 0.8 0.2 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0.0
Profitability
EBITDA 197.9 147.7 5.1 (39.5) (53.1) (59.8) (36.0) (56.8) (39.3) (16.8) (15.7) (15.8) (14.7) (7.7) (4.4) (5.0) (20.0) (24.9) (29.7)
EBIT 189.8 139.6 (3.2) (46.6) (58.6) (63.8) (39.3) (60.2) (40.5) (17.3) (16.1) (16.1) (14.9) (7.9) (4.6) (5.2) 0 0 0
Income Before Tax 182.7 125.7 (28.2) (65.9) (71.6) (75.7) (48.3) (65.7) (43.8) (19.5) (18.0) (17.4) (15.5) (7.9) (0.0) (0.0) (20.0) (24.9) (29.7)
Income Tax Expense 35.7 (72.0) 0 0 0 0 0 0 0 0 0 (0.6) 0 (0.6) (0.0) (0.0) 0 0 0
Net Income 146.9 197.7 (28.2) (65.9) (71.6) (75.7) (48.3) (65.7) (43.8) (19.5) (18.0) (16.8) (15.5) (7.3) (0.0) (0.0) (20.0) (24.9) (29.7)
Per Share Data
EPS (Basic) 0.62 0.85 -0.13 -0.43 -0.61 -1.02 -1.05 -1.45 -1.91 -1.61 -1.73 -1.81 -2.38 -1.39 -0.01 -0.01 -8.00 -9956.40 -11.87
EPS (Diluted) 0.60 0.81 -0.13 -0.43 -0.61 -1.02 -1.05 -1.45 -1.91 -1.61 -1.73 -1.81 -2.38 -1.39 -0.00 -0.00 -0.02 -0.02 -0.01
Shares Outstanding 238.3 233.1 224.0 197.9 139.6 86.1 54.3 45.2 22.9 12.2 10.4 9.3 6.5 5.3 2.5 2.5 2.5 0.0 2.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008
Current Assets
Cash & Cash Equivalents 87.6 103.1 51.4 86.5 51.1 55.9 26.8 22.8 43.1 9.9 8.7 2.6
Short-Term Investments 0 0 0 0 0 0 0 0 0 5.4 0 0
Net Receivables 158.4 50.0 27.4 15.5 28.6 13.2 3.5 1.4 3.9 1.0 0 0
Inventory 206.5 170.2 172.9 163.3 124.7 81.5 53.1 18.6 12.6 5.0 0 0
Other Current Assets 14.0 8.0 5.3 5.1 0 0 0 1.8 2.1 0 0 0
Total Current Assets 466.5 331.4 257.0 270.4 208.7 153.7 85.8 44.5 63.2 21.7 8.7 2.6
Non-Current Assets
Property, Plant & Equipment 71.7 63.3 63.5 68.7 58.2 45.9 33.0 30.1 30.5 2.0 0 0
Goodwill 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 0 0 0
Intangible Assets 0.6 0.5 0.5 1.0 1.7 2.4 3.2 4.0 4.8 0 0 0
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 8.6 5.7 4.7 4.8 4.1 2.1 1.6 6.7 6.0 0.0 0 0
Total Non-Current Assets 157.7 157.3 72.2 78.1 67.5 53.9 41.3 44.3 44.9 2.0 0 0
Total Assets 624.2 488.7 329.2 348.5 276.3 207.7 127.1 88.9 108.0 23.7 8.7 2.6
Current Liabilities
Account Payables 22.5 20.2 15.7 13.2 12.4 11.1 9.2 5.9 5.9 2.6 0 0
Short-Term Debt 3.9 0 0 0 0 0 0 0.0 0 6.1 0 0
Deferred Revenue 1.4 0.1 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0 0
Other Current Liabilities 41.7 1.9 2.4 1.8 16.0 0.2 0 (0.1) 0 0 0 16.0
Total Current Liabilities 69.5 55.5 49.8 39.3 30.4 19.9 14.0 9.6 9.4 11.2 11.5 16.0
Non-Current Liabilities
Long-Term Debt 76.0 72.3 130.6 142.8 94.9 93.0 83.2 44.1 43.0 14.1 0 16.0
Deferred Tax Liabilities 0 0 0 0 0 0 0 (40.5) 0 (8.0) 0 0
Other Non-Current Liabilities 1.4 1.7 2.1 1.9 0.4 0.1 0.1 12.9 12.7 0.1 0 0
Total Non-Current Liabilities 77.4 84.1 144.2 157.2 104.7 99.5 86.9 59.5 58.2 16.9 11.5 16.0
Total Liabilities 146.9 139.7 194.0 196.5 135.1 119.4 100.9 69.1 67.7 28.1 8.7 2.6
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.2
Retained Earnings (161.7) (308.6) (506.3) (478.0) (412.1) (340.5) (264.7) (216.4) (150.7) (106.9) 0 0
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 (3.4) (1.3) (2.2) 0 0
Total Stockholders' Equity 477.3 349.0 135.2 152.0 141.2 88.2 26.2 19.8 40.3 (4.5) (2.8) (13.3)
Total Liabilities & Equity 624.2 488.7 329.2 348.5 276.3 207.7 127.1 88.9 108.0 23.7 8.7 2.6
Debt Metrics
Total Debt 79.9 82.1 141.4 154.4 102.9 97.7 84.7 44.2 43.0 20.3 11.5 16.0
Net Debt (7.7) (21.0) 90.1 67.9 51.8 41.7 58.0 21.5 (0.1) 10.3 2.8 13.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 146.9 197.7 (28.2) (65.9) (71.6) (75.7) (48.3) (65.7) (43.8) (19.5)
Depreciation & Amortization 8.1 8.0 8.3 7.1 5.5 3.9 3.3 3.4 2.7 0.5
Stock-Based Compensation 20.0 13.6 6.2 5.2 3.5 2.9 2.7 0 1.6 1.3
Change in Working Capital (139.6) (18.5) (10.1) (18.3) (51.7) (33.8) (33.5) (3.7) (0.3) (1.0)
Other Non-Cash Items 3.9 2.2 32.6 12.4 1.8 1.6 (0.3) 1.0 0.6 0.5
Operating Cash Flow 50.4 118.7 8.8 (59.5) (112.4) (102.0) (76.2) (62.7) (37.3) (18.3)
Investing Activities
Capital Expenditure (22.6) (8.6) (5.0) (13.9) (13.5) (12.7) (3.8) (2.1) (2.7) (0.1)
Acquisitions 1 0 0 0 0 0.0 0 0 12.5 0
Purchases of Investments 0 0 0 0 0 0 0 0 (12.5) (15.7)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 5.4 16.7
Other Investing Activities (0.3) (0.3) (0.2) 0 0 0.0 0 0 12.5 0
Investing Cash Flow (21.9) (8.6) (5.0) (13.9) (13.5) (12.7) (3.8) (2.1) 15.2 0.9
Financing Activities
Net Debt Issuance (3.2) (60) (23.6) 51.7 (0.0) 13.5 42.5 (0.0) 25.0 4.0
Stock Repurchased (31.9) 0 (1.4) 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (11.9) (5.8) (14.0) (7.5) (0.1) (0.8) (10.9) 0.0 (3.4) (0.0)
Financing Cash Flow (44.0) (58.3) (39.0) 108.9 121.0 143.9 80.0 42.9 60.8 16.8
Cash Position
Net Change in Cash (15.5) 51.8 (35.2) 35.4 (4.8) 29.2 (0.0) (21.9) 38.7 (0.5)
Cash at Beginning 103.1 51.4 86.5 51.1 55.9 26.8 26.8 48.6 9.9 10.4
Cash at End 87.6 103.1 51.4 86.5 51.1 55.9 26.8 26.8 48.6 9.9
Free Cash Flow 27.8 110.1 3.8 (73.4) (125.9) (114.7) (80.0) (64.8) (39.9) (18.3)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Income Statement
Revenue 510.2 426.5 258.2 154.1 80.9 42.2 29.3 17.0 22.8 10.7 7.2 5.9 3.1 1.1 0 0 0 0 0
Gross Profit 292.8 219.6 88.9 35.3 1.2 (19.1) (10.2) (25.2) (6.4) 4.3 2.9 2.2 1.0 0.4 0 0 0 0 0
Operating Income 191.4 139.0 21.6 (39.4) (58.4) (64.9) (41.4) (60.3) (39.3) (17.3) (15.5) (16.0) (15.0) (7.9) (0.0) (0.0) (20.0) (24.9) (29.7)
Net Income 146.9 197.7 (28.2) (65.9) (71.6) (75.7) (48.3) (65.7) (43.8) (19.5) (18.0) (16.8) (15.5) (7.3) (0.0) (0.0) (20.0) (24.9) (29.7)
EPS (Diluted) 0.60 0.81 -0.13 -0.43 -0.61 -1.02 -1.05 -1.45 -1.91 -1.61 -1.73 -1.81 -2.38 -1.39 -0.00 -0.00 -0.02 -0.02 -0.01
Balance Sheet
Cash & Equivalents 87.6 103.1 51.4 86.5 51.1 55.9 26.8 22.8 43.1 9.9 8.7 2.6
Total Assets 624.2 488.7 329.2 348.5 276.3 207.7 127.1 88.9 108.0 23.7 8.7 2.6
Total Debt 79.9 82.1 141.4 154.4 102.9 97.7 84.7 44.2 43.0 20.3 11.5 16.0
Stockholders' Equity 477.3 349.0 135.2 152.0 141.2 88.2 26.2 19.8 40.3 (4.5) (2.8) (13.3)
Cash Flow
Operating Cash Flow 50.4 118.7 8.8 (59.5) (112.4) (102.0) (76.2) (62.7) (37.3) (18.3)
Capital Expenditure (22.6) (8.6) (5.0) (13.9) (13.5) (12.7) (3.8) (2.1) (2.7) (0.1)
Free Cash Flow 27.8 110.1 3.8 (73.4) (125.9) (114.7) (80.0) (64.8) (39.9) (18.3)