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6-K Filing

ADC Therapeutics SA CIK: 1771910 Q1 2021
Filing Information
Form Type 6-K
Accession Number 0001771910-21-000026
Period End Date 20210331
Filing Date 20210506
Fiscal Year 2021
Fiscal Period Q1
XBRL Instance adc-20210331_htm.xml
Balance Sheet 71 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalents $383.12M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalents $439.19M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalents $82.58M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalents $115.55M USD Point-in-time
Other current assets OtherCurrentAssets $11.26M USD Point-in-time
Other current assets OtherCurrentAssets $10.12M USD Point-in-time
Total current assets CurrentAssets $450.45M USD Point-in-time
Total current assets CurrentAssets $393.24M USD Point-in-time
Property, plant and equipment PropertyPlantAndEquipment $1.63M USD Point-in-time
Property, plant and equipment PropertyPlantAndEquipment $2.39M USD Point-in-time
Right-of-use assets RightofuseAssets $4.54M USD Point-in-time
Right-of-use assets RightofuseAssets $3.13M USD Point-in-time
Right-of-use assets RightofuseAssets $8.15M USD Point-in-time
Intangible assets IntangibleAssetsOtherThanGoodwill $10.18M USD Point-in-time
Intangible assets IntangibleAssetsOtherThanGoodwill $10.15M USD Point-in-time
Interest in joint venture InvestmentsInJointVenturesAccountedForUsingEquityMethod $47.91M USD Point-in-time
Interest in joint venture InvestmentsInJointVenturesAccountedForUsingEquityMethod $47.38M USD Point-in-time
Other long-term assets OtherNoncurrentAssets $392.00K USD Point-in-time
Other long-term assets OtherNoncurrentAssets $397.00K USD Point-in-time
Total non-current assets NoncurrentAssets $68.46M USD Point-in-time
Total non-current assets NoncurrentAssets $63.24M USD Point-in-time
Total assets Assets $513.69M USD Point-in-time
Total assets Assets $461.70M USD Point-in-time
Accounts payable TradeAndOtherCurrentPayables $11.46M USD Point-in-time
Accounts payable TradeAndOtherCurrentPayables $5.28M USD Point-in-time
Other current liabilities CurrentAccruedExpensesAndOtherCurrentLiabilities $25.27M USD Point-in-time
Other current liabilities CurrentAccruedExpensesAndOtherCurrentLiabilities $30.38M USD Point-in-time
Lease liabilities, short-term CurrentLeaseLiabilities $1.12M USD Point-in-time
Lease liabilities, short-term CurrentLeaseLiabilities $833.00K USD Point-in-time
Lease liabilities, short-term CurrentLeaseLiabilities $1.00M USD Point-in-time
Current income tax payable CurrentTaxLiabilitiesCurrent $237.00K USD Point-in-time
Current income tax payable CurrentTaxLiabilitiesCurrent $149.00K USD Point-in-time
Convertible loans, short-term CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings $3.59M USD Point-in-time
Convertible loans, short-term CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings $3.63M USD Point-in-time
Total current liabilities CurrentLiabilities $40.44M USD Point-in-time
Total current liabilities CurrentLiabilities $41.40M USD Point-in-time
Convertible loans, long-term LongtermBorrowings $35.77M USD Point-in-time
Convertible loans, long-term LongtermBorrowings $34.77M USD Point-in-time
Convertible loans, derivatives NoncurrentDerivativeFinancialLiabilities $73.21M USD Point-in-time
Convertible loans, derivatives NoncurrentDerivativeFinancialLiabilities $52.04M USD Point-in-time
Deferred gain of joint venture ContingentLiabilitiesIncurredByVenturerInRelationToInterestsInJointVentures $23.54M USD Point-in-time
Deferred gain of joint venture ContingentLiabilitiesIncurredByVenturerInRelationToInterestsInJointVentures $23.54M USD Point-in-time
Lease liabilities, long-term NoncurrentLeaseLiabilities $3.56M USD Point-in-time
Lease liabilities, long-term NoncurrentLeaseLiabilities $7.60M USD Point-in-time
Lease liabilities, long-term NoncurrentLeaseLiabilities $2.46M USD Point-in-time
Defined benefit pension liabilities NoncurrentRecognisedLiabilitiesDefinedBenefitPlan $3.54M USD Point-in-time
Defined benefit pension liabilities NoncurrentRecognisedLiabilitiesDefinedBenefitPlan $3.39M USD Point-in-time
Other non-current liabilities OtherNoncurrentLiabilities - USD Point-in-time
Other non-current liabilities OtherNoncurrentLiabilities $221.00K USD Point-in-time
Total non-current liabilities NoncurrentLiabilities $122.34M USD Point-in-time
Total non-current liabilities NoncurrentLiabilities $137.75M USD Point-in-time
Total liabilities Liabilities $178.19M USD Point-in-time
Total liabilities Liabilities $163.74M USD Point-in-time
Share capital IssuedCapital $6.31M USD Point-in-time
Share capital IssuedCapital $6.31M USD Point-in-time
Share premium SharePremium $981.06M USD Point-in-time
Share premium SharePremium $981.06M USD Point-in-time
Treasury shares TreasuryShares $4.00K USD Point-in-time
Treasury shares TreasuryShares $4.00K USD Point-in-time
Other reserves OtherReserves $56.70M USD Point-in-time
Other reserves OtherReserves $42.75M USD Point-in-time
Cumulative translation adjustments ReserveOfExchangeDifferencesOnTranslation $281.00K USD Point-in-time
Cumulative translation adjustments ReserveOfExchangeDifferencesOnTranslation $245.00K USD Point-in-time
Accumulated losses RetainedEarnings $-694.86M USD Point-in-time
Accumulated losses RetainedEarnings $-746.39M USD Point-in-time
Total equity attributable to owners of the parent Equity $335.50M USD Point-in-time
Total equity attributable to owners of the parent Equity $71.27M USD Point-in-time
Total equity attributable to owners of the parent Equity $297.97M USD Point-in-time
Total equity attributable to owners of the parent Equity $111.16M USD Point-in-time
Total liabilities and equity EquityAndLiabilities $461.70M USD Point-in-time
Total liabilities and equity EquityAndLiabilities $513.69M USD Point-in-time
Income Statement 34 line items
Line Item Tag Value Unit Period
Research and development expenses ResearchAndDevelopmentExpense $35.38M USD 1 Quarter
Research and development expenses ResearchAndDevelopmentExpense $39.17M USD 1 Quarter
Selling and marketing expenses SalesAndMarketingExpense $13.91M USD 1 Quarter
Selling and marketing expenses SalesAndMarketingExpense $2.63M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $5.88M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $17.58M USD 1 Quarter
Total operating expense OperatingExpense $70.67M USD 1 Quarter
Total operating expense OperatingExpense $43.88M USD 1 Quarter
Loss from operations ProfitLossFromOperatingActivities $-70.67M USD 1 Quarter
Loss from operations ProfitLossFromOperatingActivities $-43.88M USD 1 Quarter
Other income OtherNonOperatingIncome $194.00K USD 1 Quarter
Other income OtherNonOperatingIncome $148.00K USD 1 Quarter
Convertible loans, derivatives, change in fair value income GainsLossesOnChangeInFairValueOfDerivatives $21.17M USD 1 Quarter
Convertible loans, derivatives, change in fair value income GainsLossesOnChangeInFairValueOfDerivatives - USD 1 Quarter
Share of results with joint venture ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod - USD 1 Quarter
Share of results with joint venture ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod $-527.00K USD 1 Quarter
Financial income FinanceIncome $374.00K USD 1 Quarter
Financial income FinanceIncome $15.00K USD 1 Quarter
Financial expense FinanceCosts $42.00K USD 1 Quarter
Financial expense FinanceCosts $2.00M USD 1 Quarter
Exchange differences GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss $394.00K USD 1 Quarter
Exchange differences GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss $29.00K USD 1 Quarter
Total other income OtherNonOperatingIncomeExpense $19.25M USD 1 Quarter
Total other income OtherNonOperatingIncomeExpense $509.00K USD 1 Quarter
Loss before taxes ProfitLossBeforeTax $-43.38M USD 1 Quarter
Loss before taxes ProfitLossBeforeTax $-51.42M USD 1 Quarter
Income tax expense IncomeTaxExpenseContinuingOperations $100.00K USD 1 Quarter
Income tax expense IncomeTaxExpenseContinuingOperations $107.00K USD 1 Quarter
Net loss ProfitLoss $-43.48M USD 1 Quarter
Net loss ProfitLoss $-51.53M USD 1 Quarter
Owners of the parent ProfitLossAttributableToOwnersOfParent $-43.48M USD 1 Quarter
Owners of the parent ProfitLossAttributableToOwnersOfParent $-51.53M USD 1 Quarter
Net loss per share, basic and diluted (in USD per share) BasicAndDilutedEarningsLossPerShare $-0.67 USD 1 Quarter
Net loss per share, basic and diluted (in USD per share) BasicAndDilutedEarningsLossPerShare $-0.85 USD 1 Quarter
Cash Flow Statement 74 line items
Line Item Tag Value Unit Period
Loss for the period ProfitLoss $-43.48M USD 1 Quarter
Loss for the period ProfitLoss $-51.53M USD 1 Quarter
Share-based compensation expense AdjustmentsForSharebasedPayments $13.95M USD 1 Quarter
Share-based compensation expense AdjustmentsForSharebasedPayments $3.79M USD 1 Quarter
Depreciation of property, plant and equipment AdjustmentsForDepreciationExpensePropertyPlantAndEquipment $174.00K USD 1 Quarter
Depreciation of property, plant and equipment AdjustmentsForDepreciationExpensePropertyPlantAndEquipment $148.00K USD 1 Quarter
Amortization of intangible assets AdjustmentsForAmortisationExpense $25.00K USD 1 Quarter
Amortization of intangible assets AdjustmentsForAmortisationExpense $9.00K USD 1 Quarter
Depreciation of right-of-use assets AdjustmentsForDepreciationExpenseOfRightOfUseAssets $379.00K USD 1 Quarter
Depreciation of right-of-use assets AdjustmentsForDepreciationExpenseOfRightOfUseAssets $286.00K USD 1 Quarter
Share of results with joint venture ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod - USD 1 Quarter
Share of results with joint venture ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod $-527.00K USD 1 Quarter
Change in defined benefit pension liability AdjustmentsForIncreaseDecreaseInNonCurrentNetDefinedBenefitLiability $94.00K USD 1 Quarter
Change in defined benefit pension liability AdjustmentsForIncreaseDecreaseInNonCurrentNetDefinedBenefitLiability $74.00K USD 1 Quarter
Convertible loans, derivatives, increase in fair value AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives $21.17M USD 1 Quarter
Convertible loans, derivatives, increase in fair value AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives - USD 1 Quarter
Financial income AdjustmentsForFinanceIncome $374.00K USD 1 Quarter
Financial income AdjustmentsForFinanceIncome $15.00K USD 1 Quarter
Financial expense AdjustmentsForFinanceCosts $1.98M USD 1 Quarter
Financial expense AdjustmentsForFinanceCosts $11.00K USD 1 Quarter
Exchange differences AdjustmentsForUnrealisedForeignExchangeLossesGains $-366.00K USD 1 Quarter
Exchange differences AdjustmentsForUnrealisedForeignExchangeLossesGains $-8.00K USD 1 Quarter
Income taxes AdjustmentsForIncomeTaxExpense $100.00K USD 1 Quarter
Income taxes AdjustmentsForIncomeTaxExpense $107.00K USD 1 Quarter
Operating loss before working capital changes CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital $-39.42M USD 1 Quarter
Operating loss before working capital changes CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital $-55.86M USD 1 Quarter
Increase in accounts receivable AdjustmentsForDecreaseIncreaseInTradeAccountReceivable - USD 1 Quarter
Increase in accounts receivable AdjustmentsForDecreaseIncreaseInTradeAccountReceivable $-1.00K USD 1 Quarter
Decrease in other assets AdjustmentsForDecreaseIncreaseInOtherAssets $1.43M USD 1 Quarter
Decrease in other assets AdjustmentsForDecreaseIncreaseInOtherAssets $1.07M USD 1 Quarter
Increase in accounts payable AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables $5.28M USD 1 Quarter
Increase in accounts payable AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables $5.91M USD 1 Quarter
(Decrease) increase in other liabilities AdjustmentsForIncreaseDecreaseInOtherLiabilities $242.00K USD 1 Quarter
(Decrease) increase in other liabilities AdjustmentsForIncreaseDecreaseInOtherLiabilities $-5.33M USD 1 Quarter
Cash used in operating activities CashFlowsFromUsedInOperations $-32.47M USD 1 Quarter
Cash used in operating activities CashFlowsFromUsedInOperations $-54.20M USD 1 Quarter
Interest paid InterestPaidClassifiedAsOperatingActivities $1.04M USD 1 Quarter
Interest paid InterestPaidClassifiedAsOperatingActivities $42.00K USD 1 Quarter
Interest received InterestReceivedClassifiedAsOperatingActivities $374.00K USD 1 Quarter
Interest received InterestReceivedClassifiedAsOperatingActivities $16.00K USD 1 Quarter
Interest expense on lease obligations InterestExpenseOnLeaseLiabilities $18.00K USD 1 Quarter
Interest expense on lease obligations InterestExpenseOnLeaseLiabilities $31.00K USD 1 Quarter
Tax refund IncomeTaxesPaidRefundClassifiedAsOperatingActivities $-2.00K USD 1 Quarter
Tax refund IncomeTaxesPaidRefundClassifiedAsOperatingActivities $-57.00K USD 1 Quarter
Net cash used in operating activities CashFlowsFromUsedInOperatingActivities $-32.10M USD 1 Quarter
Net cash used in operating activities CashFlowsFromUsedInOperatingActivities $-55.15M USD 1 Quarter
Payment for purchase of property, plant and equipment PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities $657.00K USD 1 Quarter
Payment for purchase of property, plant and equipment PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities $101.00K USD 1 Quarter
Payment for purchase of intangible assets PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities $375.00K USD 1 Quarter
Payment for purchase of intangible assets PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities - USD 1 Quarter
Payment for rent deposits PaymentForRentDeposits - USD 1 Quarter
Payment for rent deposits PaymentForRentDeposits $20.00K USD 1 Quarter
Net cash used in investing activities CashFlowsFromUsedInInvestingActivities $-657.00K USD 1 Quarter
Net cash used in investing activities CashFlowsFromUsedInInvestingActivities $-496.00K USD 1 Quarter
Proceeds from the exercise of stock options ProceedsFromExerciseOfOptions - USD 1 Quarter
Proceeds from the exercise of stock options ProceedsFromExerciseOfOptions $3.00K USD 1 Quarter
Principal portion of lease obligation payments PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities $278.00K USD 1 Quarter
Principal portion of lease obligation payments PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities $300.00K USD 1 Quarter
Net cash from financing activities CashFlowsFromUsedInFinancingActivities $-297.00K USD 1 Quarter
Net cash from financing activities CashFlowsFromUsedInFinancingActivities $-278.00K USD 1 Quarter
Net decrease in cash and cash equivalents IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges $-32.88M USD 1 Quarter
Net decrease in cash and cash equivalents IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges $-56.10M USD 1 Quarter
Exchange gain / (losses) on cash and cash equivalents EffectOfExchangeRateChangesOnCashAndCashEquivalents $30.00K USD 1 Quarter
Exchange gain / (losses) on cash and cash equivalents EffectOfExchangeRateChangesOnCashAndCashEquivalents $-100.00K USD 1 Quarter
Cash and cash equivalents at beginning of the period CashAndCashEquivalents $115.55M USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalents $82.58M USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalents $383.12M USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalents $439.19M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalents $82.58M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalents $383.12M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalents $439.19M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalents $115.55M USD Point-in-time
Capital expenditures recorded in Accounts payable CapitalExpendituresIncurredButNotYetPaid $265.00K USD 1 Quarter
Capital expenditures recorded in Accounts payable CapitalExpendituresIncurredButNotYetPaid - USD 1 Quarter
Stockholders Equity 21 line items
Line Item Tag Value Unit Period
Equity, beginning balance Equity $335.50M USD Point-in-time
Equity, beginning balance Equity $71.27M USD Point-in-time
Equity, beginning balance Equity $297.97M USD Point-in-time
Equity, beginning balance Equity $111.16M USD Point-in-time
Loss for the period ProfitLoss $-43.48M USD 1 Quarter
Loss for the period ProfitLoss $-51.53M USD 1 Quarter
Translation adjustment OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation $36.00K USD 1 Quarter
Translation adjustment OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation $-202.00K USD 1 Quarter
Other comprehensive income (loss) for the period OtherComprehensiveIncome $-202.00K USD 1 Quarter
Other comprehensive income (loss) for the period OtherComprehensiveIncome $36.00K USD 1 Quarter
Total comprehensive loss for the period ComprehensiveIncome $-51.49M USD 1 Quarter
Total comprehensive loss for the period ComprehensiveIncome $-43.68M USD 1 Quarter
Exercise of options IncreaseDecreaseThroughExerciseOfOptions $3.00K USD 1 Quarter
Share-based compensation expense IncreaseDecreaseThroughSharebasedPaymentTransactions $13.95M USD 1 Quarter
Share-based compensation expense IncreaseDecreaseThroughSharebasedPaymentTransactions $3.79M USD 1 Quarter
Total transactions with owners IncreaseDecreaseThroughTransactionsWithOwners $3.79M USD 1 Quarter
Total transactions with owners IncreaseDecreaseThroughTransactionsWithOwners $13.95M USD 1 Quarter
Equity, ending balance Equity $335.50M USD Point-in-time
Equity, ending balance Equity $71.27M USD Point-in-time
Equity, ending balance Equity $297.97M USD Point-in-time
Equity, ending balance Equity $111.16M USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-43.48M USD 1 Quarter
Net loss ProfitLoss $-51.53M USD 1 Quarter
Currency translation differences OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation $36.00K USD 1 Quarter
Currency translation differences OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation $-202.00K USD 1 Quarter
Total items that may be reclassified to profit and loss OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax $36.00K USD 1 Quarter
Total items that may be reclassified to profit and loss OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax $-202.00K USD 1 Quarter
Other comprehensive income (loss) for the period OtherComprehensiveIncome $-202.00K USD 1 Quarter
Other comprehensive income (loss) for the period OtherComprehensiveIncome $36.00K USD 1 Quarter
Total comprehensive loss for the period ComprehensiveIncome $-43.68M USD 1 Quarter
Total comprehensive loss for the period ComprehensiveIncome $-51.49M USD 1 Quarter
Owners of the parent ComprehensiveIncomeAttributableToOwnersOfParent $-43.68M USD 1 Quarter
Owners of the parent ComprehensiveIncomeAttributableToOwnersOfParent $-51.49M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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