NASDAQ : ACIU
AC Immune SA — Financial statements
Healthcare · Biotechnology · Switzerland
Last price 2.22 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 220.73M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
AC Immune SA (ACIU) reported revenue of 17.51M CHF (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in CHF.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 17.51M | 3.57M | 27.31M | 14.80M | 3.94M | |
| Cost of Revenue | 45.91M | 56.44M | 62.57M | 54.61M | 60.34M | 62.28M |
| Gross Profit | -28.41M | -52.86M | -35.26M | -39.80M | -56.40M | -62.28M |
| Selling, General & Admin | 15.47M | 16.09M | 17.26M | 15.30M | 15.79M | 17.91M |
| Other Operating Expenses | -180.00K | -94.00K | -142.00K | -1.49M | -1.34M | -1.18M |
| Operating Expenses | 15.29M | 16.00M | 17.12M | 13.82M | 14.45M | 16.73M |
| Operating Income | -43.70M | -68.86M | -52.38M | -53.62M | -70.85M | -79.01M |
| Interest Expense | -214.00K | -191.00K | -133.00K | -176.00K | -355.00K | -581.00K |
| Interest & Investment Income | 1.12M | 1.86M | 3.20M | 1.04M | 69.00K | 6.49M |
| Currency Exchange Gain (Loss) | 93.00K | -2.80M | -1.60M | -1.47M | 393.00K | 113.00K |
| EBT Excluding Unusual Items | -42.70M | -69.99M | -50.91M | -54.22M | -70.74M | -72.99M |
| Merger & Restructuring Charges | -455.00K | -455.00K | ||||
| Pretax Income | -43.16M | -70.45M | -50.91M | -54.22M | -70.74M | -72.99M |
| Income Tax Expense | 3.00K | 10.00K | 13.00K | 3.00K | ||
| Net Income | -43.16M | -70.45M | -50.92M | -54.23M | -70.75M | -73.00M |
| Net Income to Common | -43.16M | -70.45M | -50.92M | -54.23M | -70.75M | -73.00M |
| Shares Outstanding (Basic) | 101.47M | 100.75M | 99.69M | 84.69M | 83.55M | 74.95M |
| Shares Outstanding (Diluted) | 101.47M | 100.75M | 99.69M | 84.69M | 83.55M | 74.95M |
| EPS (Basic) | -0.43 | -0.70 | -0.51 | -0.64 | -0.85 | -0.97 |
| EPS (Diluted) | -0.43 | -0.70 | -0.51 | -0.64 | -0.85 | -0.97 |
| Free Cash Flow | -51.09M | -70.16M | 65.27M | -61.21M | -74.81M | -68.32M |
| Free Cash Flow Per Share | -0.50 | -0.70 | 0.66 | -0.72 | -0.90 | -0.91 |
| Gross Margin | -162.23% | -129.12% | -268.94% | |||
| Operating Margin | -249.58% | -1,927.32% | -191.80% | -362.30% | -1,800.43% | |
| Profit Margin | -246.48% | -1,971.65% | -186.44% | -366.41% | -1,798.04% | |
| Free Cash Flow Margin | -291.78% | -1,963.67% | 238.99% | -413.55% | -1,901.07% | |
| EBITDA | -42.48M | -67.47M | -50.89M | -51.95M | -69.05M | -77.11M |
| EBITDA Margin | -242.61% | -186.36% | ||||
| D&A For EBITDA | 1.22M | 1.39M | 1.49M | 1.67M | 1.79M | 1.90M |
| EBIT | -43.70M | -68.86M | -52.38M | -53.62M | -70.85M | -79.01M |
| EBIT Margin | -249.58% | -191.80% | ||||
| Revenue as Reported | 17.51M | 3.57M | 27.31M | 14.80M | 3.94M |
Balance sheet
Fiscal year January - December; amounts in CHF.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 27.76M | 26.80M | 36.27M | 78.49M | 31.59M | 82.22M |
| Short-Term Investments | 47.60M | 64.62M | 129.21M | 24.55M | 91.00M | 116.00M |
| Cash & Short-Term Investments | 75.36M | 91.41M | 165.49M | 103.05M | 122.59M | 198.22M |
| Accounts Receivable | 10.13M | 360.00K | 1.10M | 15.05M | 408.00K | 975.00K |
| Other Receivables | 3.51M | 321.00K | 415.00K | 304.00K | 373.00K | 428.00K |
| Receivables | 13.64M | 681.00K | 1.51M | 15.35M | 781.00K | 1.40M |
| Prepaid Expenses | 4.40M | 3.97M | 4.30M | 6.44M | 4.71M | 3.02M |
| Other Current Assets | 657.00K | 689.00K | 318.00K | 19.00K | ||
| Total Current Assets | 93.40M | 96.72M | 171.99M | 125.15M | 128.09M | 202.63M |
| Property, Plant & Equipment | 6.00M | 6.53M | 8.09M | 6.88M | 7.07M | 8.03M |
| Other Intangible Assets | 50.42M | 50.42M | 50.42M | 50.42M | 50.42M | 50.42M |
| Other Long-Term Assets | 585.00K | 584.00K | 415.00K | 361.00K | 361.00K | 363.00K |
| Total Assets | 150.40M | 154.25M | 230.91M | 182.81M | 185.94M | 261.44M |
| Accounts Payable | 1.51M | 2.07M | 2.66M | 1.68M | 929.00K | 2.00M |
| Accrued Expenses | 7.12M | 7.78M | 12.10M | 11.09M | 9.42M | 16.74M |
| Current Portion of Leases | 835.00K | 852.00K | 1.03M | 672.00K | 548.00K | 570.00K |
| Current Unearned Revenue | 90.77M | 83.71M | 85.06M | 138.00K | 587.00K | 717.00K |
| Other Current Liabilities | 290.00K | |||||
| Total Current Liabilities | 100.24M | 94.69M | 100.84M | 13.58M | 11.48M | 20.03M |
| Long-Term Leases | 3.27M | 3.69M | 4.40M | 2.83M | 2.25M | 2.34M |
| Long-Term Unearned Revenue | 2.64M | 2.34M | 4.56M | |||
| Pension & Post-Retirement Benefits | 9.09M | 8.65M | 8.84M | 5.77M | 3.21M | 7.10M |
| Total Liabilities | 115.23M | 109.37M | 118.64M | 22.17M | 16.95M | 29.46M |
| Common Stock | 2.26M | 2.25M | 2.23M | 2.09M | 1.80M | 1.79M |
| Additional Paid-In Capital | 483.55M | 481.86M | 478.51M | 474.91M | 431.32M | 431.25M |
| Retained Earnings | -450.44M | -439.02M | -368.24M | -316.20M | -264.01M | -200.94M |
| Treasury Stock | -213.00K | -218.00K | -218.00K | -105.00K | -124.00K | -124.00K |
| Comprehensive Income & Other | 9.00K | 7.00K | -5.00K | -51.00K | 10.00K | |
| Shareholders' Equity | 35.17M | 44.88M | 112.27M | 160.64M | 168.99M | 231.98M |
| Total Liabilities & Equity | 150.40M | 154.25M | 230.91M | 182.81M | 185.94M | 261.44M |
| Total Debt | 4.10M | 4.54M | 5.43M | 3.50M | 2.80M | 2.91M |
| Net Cash (Debt) | 71.25M | 86.87M | 160.06M | 99.55M | 119.78M | 195.31M |
| Net Cash Per Share | 0.70 | 0.86 | 1.61 | 1.18 | 1.43 | 2.61 |
| Filing Date Shares Outstanding | 99.43M | 99.20M | 98.94M | 93.95M | 77.41M | 77.26M |
| Total Common Shares Outstanding | 99.43M | 101.74M | 100.41M | 93.95M | 77.41M | 77.26M |
| Working Capital | -6.84M | 2.03M | 71.16M | 111.58M | 116.61M | 182.61M |
| Book Value Per Share | 0.35 | 0.44 | 1.12 | 1.71 | 2.18 | 3.00 |
| Tangible Book Value | -15.25M | -5.53M | 61.85M | 110.23M | 118.58M | 181.56M |
| Tangible Book Value Per Share | -0.15 | -0.05 | 0.62 | 1.17 | 1.53 | 2.35 |
| Machinery | 14.29M | 13.81M | 13.26M | 12.71M | 11.96M | 11.16M |
| Construction In Progress | 3.00K | 695.00K | ||||
| Leasehold Improvements | 1.90M | 1.89M | 1.86M | 1.66M | 1.64M | 810.00K |
Cash flow statement
Fiscal year January - December; amounts in CHF.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -43.16M | -70.45M | -50.92M | -54.23M | -70.75M | -73.00M |
| Depreciation & Amortization | 2.28M | 2.50M | 2.16M | 2.21M | 2.36M | 2.41M |
| Loss (Gain) From Sale of Assets | -15.00K | 13.00K | ||||
| Stock-Based Compensation | 4.34M | 4.40M | 5.47M | 4.37M | 3.33M | 4.13M |
| Other Operating Activities | -1.07M | 1.08M | 1.61M | 2.40M | -72.00K | -6.08M |
| Change in Accounts Receivable | -9.92M | 14.80M | -14.80M | |||
| Change in Accounts Payable | -1.44M | -592.00K | 977.00K | 770.00K | -1.07M | -84.00K |
| Change in Unearned Revenue | 6.65M | -3.57M | 89.48M | -449.00K | -130.00K | 425.00K |
| Change in Other Net Operating Assets | -8.18M | -2.61M | 2.26M | -681.00K | -7.23M | 6.50M |
| Operating Cash Flow | -50.49M | -69.26M | 65.84M | -60.41M | -73.57M | -65.69M |
| Capital Expenditures | -594.00K | -900.00K | -576.00K | -801.00K | -1.24M | -2.63M |
| Sale of Property, Plant & Equipment | 15.00K | |||||
| Investment in Securities | 53.81M | 64.60M | -104.66M | 66.45M | 25.00M | -51.00M |
| Other Investing Activities | -170.00K | -54.00K | 2.00K | -29.00K | ||
| Investing Cash Flow | 53.22M | 63.54M | -105.29M | 65.64M | 23.76M | -53.66M |
| Long-Term Debt Issued | 23.46M | |||||
| Total Debt Issued | 23.46M | |||||
| Long-Term Debt Repaid | -1.03M | -683.00K | -548.00K | -569.00K | -513.00K | |
| Lease Payments | -958.00K | -1.03M | -683.00K | -548.00K | -569.00K | -513.00K |
| Total Debt Repaid | -958.00K | -1.03M | -683.00K | -548.00K | -569.00K | -513.00K |
| Net Debt Issued (Repaid) | -958.00K | -1.03M | -683.00K | -548.00K | -569.00K | 22.95M |
| Issuance of Common Stock | 585.00K | 6.00K | 111.00K | 43.80M | 7.00K | 17.80M |
| Repurchase of Common Stock | -8.00K | |||||
| Other Financing Activities | -548.00K | -776.00K | -6.00K | |||
| Financing Cash Flow | -373.00K | -1.02M | -1.12M | 43.25M | -1.35M | 40.75M |
| Foreign Exchange Rate Adjustments | -317.00K | -2.74M | -1.65M | -1.58M | 521.00K | -70.00K |
| Net Cash Flow | 2.04M | -9.48M | -42.22M | 46.91M | -50.63M | -78.68M |
| Free Cash Flow | -51.09M | -70.16M | 65.27M | -61.21M | -74.81M | -68.32M |
| Free Cash Flow Margin | -291.78% | -1,963.67% | 238.99% | -413.55% | -1,901.07% | |
| Free Cash Flow Per Share | -0.50 | -0.70 | 0.66 | -0.72 | -0.90 | -0.91 |
| Levered Free Cash Flow | -33.14M | -41.76M | 76.74M | -42.11M | -49.66M | -38.51M |
| Unlevered Free Cash Flow | -33.00M | -41.64M | 76.83M | -42.00M | -49.44M | -38.15M |
| Free Cash Flow After Leases | -52.05M | -71.19M | 64.58M | -61.76M | -75.38M | -68.84M |
| Cash Interest Paid | 210.00K | 189.00K | 129.00K | 176.00K | 478.00K | 473.00K |
| Change in Working Capital | -12.89M | -6.78M | 107.51M | -15.16M | -8.43M | 6.84M |
Ratios
Fiscal year January - December; amounts in CHF.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 220.73M | 310.68M | 267.14M | 494.01M | 157.61M | 463.77M |
| Enterprise Value | 132.54M | 180.50M | 83.87M | 409.22M | 16.98M | 264.42M |
| Last Close Price | 2.22 | 3.14 | 2.70 | 5.00 | 2.04 | 4.95 |
| Forward PE | 39.07 | 14.21 | 14.21 | 66.38 | 66.38 | 66.38 |
| PS Ratio | 10.19 | 68.95 | 8.86 | 28.11 | 37.03 | |
| PB Ratio | 5.07 | 5.49 | 2.16 | 2.59 | 0.86 | 1.82 |
| P/TBV Ratio | 3.91 | 3.77 | 1.23 | 2.33 | ||
| P/FCF Ratio | 3.71 | |||||
| P/OCF Ratio | 3.68 | |||||
| EV/Sales Ratio | 6.12 | 40.06 | 2.78 | 23.28 | 3.99 | |
| EV/FCF Ratio | 1.16 | |||||
| Debt / Equity Ratio | 0.12 | 0.10 | 0.05 | 0.02 | 0.02 | 0.01 |
| Debt / FCF Ratio | 0.08 | |||||
| Net Debt / Equity Ratio | -2.03 | -1.94 | -1.43 | -0.62 | -0.71 | -0.84 |
| Net Debt / EBITDA Ratio | 1.68 | 1.29 | 3.15 | 1.92 | 1.74 | 2.53 |
| Net Debt / FCF Ratio | 1.40 | 1.24 | -2.45 | 1.63 | 1.60 | 2.86 |
| Asset Turnover | 0.10 | 0.02 | 0.13 | 0.08 | 0.02 | |
| Quick Ratio | 0.89 | 0.97 | 1.66 | 8.72 | 10.74 | 9.97 |
| Current Ratio | 0.93 | 1.02 | 1.71 | 9.22 | 11.16 | 10.12 |
| Return on Equity (ROE) | -78.53% | -89.65% | -37.31% | -32.91% | -35.29% | -32.63% |
| Return on Assets (ROA) | -16.04% | -22.35% | -15.82% | -18.18% | -19.79% | -19.74% |
| Return on Capital Employed (ROCE) | -87.10% | -115.60% | -40.30% | -31.70% | -40.60% | -32.70% |
| Earnings Yield | -23.71% | -28.60% | -21.03% | -13.04% | -48.55% | -17.27% |
| FCF Yield | -28.09% | -28.48% | 26.96% | -14.71% | -51.33% | -16.16% |
| Buyback Yield / Dilution | -1.25% | -1.06% | -17.71% | -1.36% | -11.48% | -4.24% |