Fennec Pharmaceuticals Inc. income statement
In fiscal 2025, Fennec Pharmaceuticals Inc. reported revenue of $44.6m, down 6.1% on the year before, operating income of −$6.3m (a -14.1% margin) and net income of −$9.7m, or −$0.34 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 21 | 48 | 45 | 59 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | 0 | 1 | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | 1 | 20 | — | — | — |
| Research and development | 1 | 2 | 1 | 0 | 0 | 0 | 2 | 5 | 6 | 5 | 4 | 0 | 0 | 0 | 0 |
| Selling and marketing | — | — | — | — | — | — | — | — | — | — | 3 | 12 | 18 | 19 | 33 |
| General and administrative | 2 | 2 | 1 | 3 | 2 | 2 | 5 | 5 | 7 | 13 | 18 | 21 | 23 | 28 | 23 |
| Operating income | −3 | −4 | −2 | −3 | −2 | −3 | −7 | −10 | −13 | −18 | −23 | −13 | 3 | −6 | −1 |
| Interest expense | 0 | 0 | 0 | — | — | — | — | — | — | — | — | 3 | 4 | 2 | 1 |
| Net interest income | — | — | — | — | — | — | — | — | — | — | 0 | 0 | — | — | — |
| Income before tax | — | — | 2 | −2 | −1 | −3 | −7 | — | — | — | — | −16 | −0 | −10 | — |
| Income tax | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 | — |
| Net income | 5 | −5 | 2 | −2 | −1 | −3 | −7 | −10 | −13 | −18 | −24 | −16 | −0 | −10 | −3 |
| Diluted EPS | $0.19 | −$0.21 | $0.17 | −$0.22 | −$0.06 | −$0.22 | −$0.47 | −$0.52 | −$0.64 | −$0.76 | −$0.90 | −$0.60 | −$0.02 | −$0.34 | −$0.10 |
| Diluted shares (average) | 24m | 25m | 11m | 10m | 11m | 13m | 15m | 19m | 20m | 24m | 26m | 27m | 27m | 29m | 33m |
| EBITDA | −3 | −4 | −2 | — | — | — | — | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 | 8 | 9 | 10 | 12 | 14 | 15 | 18 |
| Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling and marketing | 5 | 4 | 3 | 5 | 5 | 6 | 11 | 11 |
| General and administrative | 6 | 4 | 6 | 7 | 7 | 8 | 3 | 5 |
| Operating income | −5 | −1 | −1 | −3 | −0 | −3 | −0 | 2 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Income before tax | — | — | — | −3 | — | — | — | 2 |
| Income tax | — | — | 0 | 0 | — | — | — | 0 |
| Net income | −6 | −2 | −1 | −3 | −1 | −5 | 0 | 2 |
| Diluted EPS | −$0.21 | −$0.08 | −$0.04 | −$0.11 | −$0.02 | −$0.16 | $0.01 | $0.05 |
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