Adaptimmune Therapeutics PLC (ADAPY)
Adaptimmune Therapeutics plc is a commercial-stage biopharmaceutical company specializing in innovative cell therapies for cancer patients, primarily operating in the United States and the United Kingdom. Its pipeline includes TECELRA (also known as famitresgene autoleucel or afami-cel), an autologous T-cell immunotherapy that employs genetically modified cells to treat adults with advanced, unresectable, or metastatic synovial sarcoma. The company is also advancing Lete-cel for synovial sarcoma and myxoid liposarcoma, and ADP-5701, currently in Phase 1 clinical trials for head and neck cancer. Additionally, Adaptimmune is developing T-cell therapies engineered to target PRAME (ADP-600) and CD70 (ADP-520). The firm engages in strategic collaborations, notably with Galapagos for a clinical proof-of-concept trial of uza-cel (ADP-5701) in head and neck cancer, leveraging Galapagos' decentralized manufacturing platform. Further partnerships include a licensing agreement with Noile-Immune Biotech, Inc. and a strategic alliance with the MD Anderson Cancer Center. Established in 2008, Adaptimmune Therapeutics plc is headquartered in Abingdon, United Kingdom.
Sector: Biological Products, (No Diagnostic Substances)
Industry: Biotechnology
Adaptimmune Therapeutics plc
OTC:ADAPYHealthcare · Biotechnology
-16.33%$0.0251
Mkt Cap-
Float265.01M
O/S-
Inst Own-
SI0.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$5.92M
Net Income$25.21M
Total Assets$63.36M
Free Cash Flow-$75.93M
Debt & Equity
Debt 31%
Equity 69%
Total Debt$14.08M
Total Equity$31.97M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ADAPY's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$63.36M
Liabilities$31.39M
Accounts Receivable$6.99M
Accounts Payable$16.61M
Inventory$0
PP&E (Net)$16.29M
Goodwill$0
Intangible Assets$22K
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-06-30 | 2014-06-30 | 2013-06-30 |
| Revenue | $5.92M | $178.03M | $60.28M | $27.15M | $6.15M | $3.96M | $1.12M | $59.51M | $37.83M | $14.2M | $10.72M | $605K | $0 |
| YoY Growth | -96.7% | 195.3% | 122.0% | 341.5% | 55.4% | 252.8% | -98.1% | 57.3% | 166.5% | 32.4% | 1673.2% | - | - |
| Cost of Revenue | $0 | $70K | $9.86M | $127.73M | $111.09M | $91.57M | $97.5M | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $5.92M | $177.96M | $50.42M | -$100.58M | -$104.94M | -$87.61M | -$96.38M | $59.51M | $37.83M | $14.2M | $10.72M | $605K | $0 |
| Gross Margin | 100.0% | 100.0% | 83.6% | -370.5% | -1706.6% | -2213.5% | -8589.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | - |
| Research and Development | $47.99M | $149.06M | $126.51M | $127.73M | $111.09M | $91.57M | $97.5M | $98.27M | $87.39M | $63.79M | $23.19M | $12.53M | $8.15M |
| Selling, General, and Administrative | $35.62M | $81.31M | $71.81M | $63.39M | $57.3M | $45.8M | $43.39M | $43.6M | $31.11M | $23.21M | $11.32M | $2.73M | $1.21M |
| Other | -$5.12M | $16.35M | $1.7M | -$536K | $3.85M | $1.16M | $75K | $0 | $0 | $0 | -$726K | -$281K | $0 |
| Total Operating Expenses | $78.5M | $246.72M | $188.42M | $191.11M | $168.4M | $137.36M | $140.89M | $141.87M | $118.49M | $87M | $33.79M | $14.98M | $9.35M |
| Operating Income (EBIT) | -$72.57M | -$68.76M | -$138.04M | -$163.97M | -$162.25M | -$133.41M | -$139.77M | -$82.36M | -$80.66M | -$72.8M | -$23.07M | -$14.37M | -$9.35M |
| Operating Margin | -1225.1% | -38.6% | -229.0% | -604.0% | -2638.6% | -3370.5% | -12457.2% | -138.4% | -213.2% | -512.7% | -215.2% | -2376.9% | - |
| Interest Expense | $0 | $3.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7K | $7K |
| Interest Income | $0 | $6.6M | $5.96M | $1.54M | $1.09M | $2.31M | $2.77M | $2.85M | $2.23M | $1.11M | $787K | $3K | $0 |
| Other Income (Expense) | -$5.43M | $1.49M | $25.5M | -$1.29M | $4.95M | $3.48M | $2.85M | -$12.65M | $10.97M | $2.11M | -$3.19M | $2.83M | -$5K |
| Income Before Tax (EBT) | -$78.01M | -$67.27M | -$112.53M | -$162.96M | -$157.3M | -$129.93M | -$136.92M | -$95.02M | -$69.69M | -$70.69M | -$23.69M | -$14.37M | -$9.34M |
| Income Tax Expense | $0 | $3.58M | $1.34M | $2.5M | $791K | $162K | $242K | $497K | $451K | $892K | -$2.11M | -$1.67M | -$879K |
| Net Income | $25.21M | -$70.81M | -$113.87M | -$165.46M | -$158.09M | -$130.09M | -$137.16M | -$95.51M | -$70.14M | -$71.58M | -$21.59M | -$12.7M | -$8.46M |
| Net Income Margin | 425.5% | -39.8% | -188.9% | -609.5% | -2571.0% | -3286.8% | -12225.0% | -160.5% | -185.4% | -504.1% | -201.4% | -2100.8% | - |
| Supplementary Data | |||||||||||||
| EPS | -0.30 | -0.28 | -0.57 | -1.02 | -1.02 | -0.90 | -1.32 | -0.96 | -0.78 | -1.02 | -0.60 | -0.25 | -0.50 |
| Diluted EPS | -0.30 | -0.28 | -0.57 | -1.02 | -1.02 | -0.90 | -1.32 | -0.96 | -0.78 | -1.02 | -0.60 | -0.25 | -0.50 |
| Weighted Average OS | 84.02M | 252.30M | 201.07M | 161.21M | 155.81M | 142.46M | 104.97M | 97.39M | 87.94M | 70.79M | 35.78M | 50.72M | 16.86M |
| EBITDA | -$57.49M | -$52.66M | -$128.59M | -$155.59M | -$155.68M | -$125.81M | -$131.76M | -$74.56M | -$75.24M | -$69.51M | -$23.77M | -$23.91M | -$11.28M |
| EBITDA Margin | -970.5% | -29.6% | -213.3% | -573.1% | -2531.8% | -3178.7% | -11743.3% | -125.3% | -198.9% | -489.6% | -221.7% | -3953.9% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $25.95M | $91.14M | $143.99M | $108.03M | $149.95M | $56.88M | $50.41M | $68.38M | $84.04M | $158.78M | $229.06M | $51.27M | $248K | $3.02M |
| Short-Term Investments | $0 | $60.47M | $2.95M | $96.57M | $219.63M | $311.33M | $39.13M | $136.75M | $124.22M | $22.69M | $55.3M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $25.95M | $151.6M | $146.94M | $204.6M | $369.58M | $368.22M | $89.54M | $205.13M | $208.26M | $181.47M | $284.36M | $51.27M | $248K | $3.02M |
| Accounts Receivable | $6.99M | $15.98M | $46.92M | $38.09M | $34.01M | $20.72M | $19.28M | $16.65M | $11.66M | $7.73M | $5.45M | $4K | $27K | $680K |
| Inventory | $0 | $7.32M | $0 | $0 | $0 | $0 | $1.46M | $1.09M | $3.76M | $1.19M | $102K | $0 | $2 | $0 |
| Other Current Assets | $9.46M | $3.23M | $3.74M | $3.21M | $2.83M | $2.9M | $1.81M | $25.77M | $17.96M | $14.61M | $102K | $5.43M | $442K | $163K |
| Total Current Assets | $45.31M | $188.17M | $207.55M | $255.37M | $415.46M | $398.15M | $120.49M | $231.09M | $230.18M | $198.75M | $295.11M | $54.09M | $1.6M | $3.87M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $16.29M | $51.22M | $71.71M | $71.53M | $51.37M | $46.66M | $51.86M | $36.12M | $40.68M | $27.9M | $5.39M | $1.43M | $208K | $97K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $22K | $3.88M | $330K | $442K | $1M | $1.73M | $2.2M | $1.47M | $1.34M | $1.27M | $178K | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.1M | $4.25M | $4.02M | $4.48M | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.1M | -$4.25M | -$4.02M | -$9.19M | $0 | $0 | $0 |
| Other Long-Term Assets | $1.73M | $2.7M | $3.03M | $1.57M | $1.72M | $4.6M | $7M | $8.05M | $8.95M | $6.6M | $4.71M | $0 | $0 | $0 |
| Total Long-Term Assets | $18.05M | $57.79M | $75.06M | $73.55M | $54.09M | $52.99M | $61.05M | $45.64M | $50.96M | $35.76M | $5.57M | $1.43M | $208K | $97K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $63.36M | $245.96M | $282.62M | $328.92M | $469.55M | $451.14M | $181.54M | $276.74M | $281.15M | $234.51M | $300.68M | $55.52M | $1.81M | $3.96M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $16.61M | $8.69M | $8.13M | $4.75M | $8.11M | $6.39M | $6.36M | $4.08M | $8.38M | $11.35M | $7.84M | $1.98M | $1.02M | $1.87M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.54M | $1.54M |
| Current Income Tax Payable | $0 | $0 | $1.4M | $0 | $0 | $0 | $0 | $0 | $5.74M | $2.01M | $288K | $8.5M | $41K | $28K |
| Current Unearned Revenue | $0 | $12.3M | $28.97M | $23.52M | $22.2M | $2.83M | $2.13M | $0 | $38.73M | $11.39M | $20.91M | $0 | $0 | -$1.54M |
| Other Current Liabilities | $696K | $21.46M | $15.68M | $25.27M | $18.15M | $15.25M | $16.5M | $12.8M | $6.95M | $10.97M | $3.87M | $40K | $40.57M | $170K |
| Total Current Liabilities | $22.23M | $64.53M | $72.79M | $64.5M | $62.54M | $39.07M | $34.34M | $24.44M | $74.31M | $40.27M | $26.76M | $53.11M | $3.97M | $4.09M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $50.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $95.81M | $149.06M | $160.89M | $177.22M | $49.26M | -$3.69M | $0 | $0 | $24.96M | $26.49M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $3.69M | $1.42M | $2.16M | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $4.27M | $1.4M | $1.3M | $673K | $644K | $598K | $5.41M | $3.85M | $3.14M | -$12.18M | $0 | $0 | $0 |
| Total Long-Term Liabilities | $9.15M | $169.59M | $170.31M | $182.54M | $201.04M | $70.84M | $23.56M | $5.41M | $3.85M | $28.1M | $14.31M | $1.01M | $3.45M | $556K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.01M | -$3.45M | -$556K |
| Total Liabilities | $31.39M | $234.11M | $243.1M | $247.04M | $263.58M | $109.92M | $57.91M | $29.85M | $78.16M | $68.37M | $41.07M | $53.11M | $3.97M | $4.09M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $1 | $0 | $0 |
| Common Stock | $2.16M | $2.08M | $1.86M | $1.4M | $1.34M | $1.32M | $943K | $939K | $854K | $683K | $668K | $3K | $2K | $2K |
| Retained Earnings | -$914.45M | -$1.09B | -$1.02B | -$909.3M | -$743.85M | -$585.76M | -$455.66M | -$318.5M | -$231.63M | -$161.49M | -$47.16M | -$32.26M | -$17.64M | -$9.66M |
| Comprehensive Income & Other | $114.28M | -$1.9M | -$3.75M | -$875K | -$11.14M | -$10.05M | -$7.26M | -$9.76M | -$21.64M | -$14.25M | $126.69M | $187K | -$47K | -$8K |
| Other Stockholders' Equity | $944.26M | $1.1B | $1.06B | $989.78M | $948.47M | $925.66M | $578.36M | $564.45M | $433.76M | $326.95M | $306.1M | $34.67M | $15.49M | $9.53M |
| Total Equity | $31.97M | $11.85M | $39.51M | $81.88M | $205.96M | $341.23M | $123.64M | $246.88M | $202.98M | $166.14M | $259.61M | $2.41M | -$2.16M | -$126K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $63.36M | $245.96M | $282.62M | $328.92M | $469.55M | $451.14M | $181.54M | $276.74M | $281.15M | $234.51M | $300.68M | $55.52M | $1.81M | $3.96M |
| Supplementary Data | ||||||||||||||
| Total Debt | $14.08M | $74.21M | $25.23M | $23.08M | $25.47M | $23.71M | $25.46M | $136.75M | $124.22M | $0 | $0 | $0 | $1.54M | $1.54M |
| Net Debt | -$11.87M | -$16.93M | -$118.76M | -$84.96M | -$124.48M | -$33.17M | -$24.95M | $68.38M | $40.17M | -$158.78M | -$229.06M | -$51.27M | $1.29M | -$1.49M |
Cash Flow Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-06-30 | 2014-06-30 | 2013-06-30 |
| Operating Activities | ||||||||||||
| Net Income | -$70.81M | -$113.87M | -$165.46M | -$158.09M | -$130.09M | -$137.16M | -$95.51M | -$70.14M | -$71.58M | -$23.69M | -$14.37M | -$9.34M |
| Depreciation & Amortization | $11.22M | $9.45M | $6.08M | $6.57M | $7.59M | $8.01M | $7.81M | $5.42M | $3.29M | $733K | $250K | $46K |
| Deferred Income Tax | $0 | $0 | $0 | $5.82M | $0 | $1.06M | $12.22M | -$7.95M | $0 | $0 | $1.22M | -$0 |
| Stock-Based Compensation | $12.05M | $11.77M | $18.24M | $20.63M | $10.41M | $11.05M | $0 | $10.8M | $8.82M | $4.22M | $349K | $170K |
| Changes in Working Capital: | ||||||||||||
| Accounts Receivable | $29.77M | -$1.29M | -$9.81M | -$19.36M | $1.76M | -$1.44M | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$7.36M | $0 | $5.4M | $15.15M | $0 | -$6.19M | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $9.62M | $0 | $4.41M | $4.21M | $0 | $7.63M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$69.04M | -$25.05M | -$1.53M | $134.63M | $50.82M | $4.72M | -$45.34M | $7.21M | $12.5M | -$13.74M | $49.78M | $905K |
| Total Working Capital Change | -$36.99M | -$24.95M | -$1.53M | $134.62M | $56.05M | $4.72M | -$45.34M | $7.21M | $12.5M | -$13.74M | $49.78M | $905K |
| Other Non-Cash Items | $11.33M | -$23.28M | $903K | $1.19M | $2.45M | -$185K | $237K | $341K | -$1.19M | -$258K | $2K | $458K |
| Net Cash from Operating | -$73.21M | -$140.88M | -$141.77M | $10.73M | -$53.59M | -$112.51M | -$104.39M | -$54.31M | -$48.17M | -$32.74M | $37.23M | -$7.77M |
| Investing Activities | ||||||||||||
| Capital Expenditures | -$2.72M | -$4.68M | -$29.74M | -$8.57M | -$2.93M | -$3.07M | -$4.71M | -$25.01M | -$12.79M | -$5.11M | -$1.45M | -$160K |
| Acquisitions | $0 | $45.26M | $77.86M | $207K | $0 | $1.48M | $798K | $369K | $1.28M | $0 | $0 | $0 |
| Purchases of Investments | -$100.42M | -$75.95M | -$48.12M | -$139.75M | -$381.04M | -$27.28M | -$150.79M | -$171.33M | -$42.84M | -$55.3M | $0 | $0 |
| Sales of Investments | $44.06M | $210.98M | $166.89M | $224.32M | $105.02M | $125.3M | $138.04M | $69.72M | $73.38M | $0 | $0 | $0 |
| Other Investing Activities | $130K | $1.13M | -$77.86M | -$207K | -$565K | -$1.48M | -$798K | $181K | -$1.28M | $124K | $0 | $0 |
| Net Cash from Investing | -$58.95M | $176.54M | $89.14M | $75.8M | -$278.92M | $94.94M | -$17.46M | -$126.08M | $17.75M | -$60.28M | -$1.45M | -$160K |
| Financing Activities | ||||||||||||
| Debt Repaid | -$49.5M | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $29.17M | $624K | $12.82M | $2.53M | $334.39M | $368K | $99.65M | $103.17M | $0 | $0 | $175.99M | $15.81M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $77K | $256K | $50K | $759K | $5.66M | $366K | $3.04M | $401K | $17K | $175.99M | -$257.92M | -$10.81M |
| Net Cash from Financing | $78.75M | $880K | $12.87M | $3.29M | $340.05M | $366K | $102.69M | $103.57M | $17K | $0 | $16.94M | $3.71M |
| Forex Effect | -$402K | $877K | -$2.3M | $365K | -$960K | -$372K | $3.33M | $2.33M | -$5.58M | -$0 | -$0 | $2K |
| Net Change in Cash | -$53.81M | $37.41M | -$42.06M | $90.18M | $6.58M | -$17.57M | -$15.82M | -$74.5M | -$35.98M | $181.72M | $52.72M | -$4.22M |
| Supplementary Data | ||||||||||||
| Operating Cash Flow | -$73.21M | -$140.88M | -$141.77M | $10.73M | -$53.59M | -$112.51M | -$104.39M | -$54.31M | -$48.17M | -$32.74M | $37.23M | -$7.77M |
| Capital Expenditure | -$2.72M | -$4.88M | -$29.74M | -$8.78M | -$2.91M | -$3.07M | -$4.71M | -$25.01M | -$12.79M | -$5.11M | -$1.45M | -$160K |
| Free Cash Flow | -$75.93M | -$145.76M | -$171.51M | $1.95M | -$56.5M | -$115.58M | -$109.1M | -$79.33M | -$60.95M | -$37.85M | $35.78M | -$7.92M |
| Cash at Beginning | $147.02M | $109.6M | $151.67M | $61.48M | $54.91M | $72.48M | $88.3M | $162.8M | $198.77M | $47.34M | -$1.44M | $2.93M |
| Cash at End | $93.21M | $147.02M | $109.6M | $151.67M | $61.48M | $54.91M | $72.48M | $88.3M | $162.8M | $229.06M | $51.27M | -$1.29M |