Estados financieros detallados de Amarin Corporation plc (AMRN): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Amarin Corporation plc registró ingresos de $213.6M en el último ejercicio fiscal, con un CAGR de 5 años del -19.0%.
Márgenes de los últimos 12 meses: margen bruto 41.6%, margen operativo -17.9%, margen neto -14.6%.
Al precio actual de $13.84, AMRN presenta beneficios negativos (P/E no significativo) y un ROE del -5.99%. La capitalización bursátil es de $286M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $130.1M | $181.1M | $229.2M | $429.8M | $614.1M | $583.2M | $369.2M | $306.9M | $228.6M | $213.6M |
| Coste de Ventas | $34.4M | $45.0M | $54.5M | $96.0M | $131.4M | $121.3M | $126.7M | $141.4M | $147.2M | $92.8M |
| Beneficio Bruto | $95.7M | $136.2M | $174.7M | $333.7M | $482.6M | $461.9M | $242.5M | $165.5M | $81.4M | $120.9M |
| I+D | $50.0M | $47.2M | $55.9M | $34.4M | $39.0M | $29.3M | $30.4M | $22.2M | $20.9M | $19.8M |
| Generales y Administrativos | $111.4M | $134.5M | $227.0M | $323.6M | $463.3M | $408.3M | $304.4M | $199.9M | $152.3M | $115.0M |
| Gastos Operativos | $161.3M | $181.7M | $282.9M | $358.0M | $502.3M | $451.4M | $348.4M | $222.2M | $173.2M | $134.8M |
| Beneficio Operativo | -$65.6M | -$45.6M | -$108.2M | -$24.3M | -$19.7M | $10.5M | -$105.9M | -$56.6M | -$91.8M | -$13.9M |
| EBITDA | -$56.5M | -$44.3M | -$106.6M | -$15.0M | -$12.7M | $14.3M | -$100.7M | -$50.7M | -$74.2M | -$33.0M |
| Gastos por Intereses | $18.7M | $9.8M | $8.9M | $6.6M | $2.6M | $129000 | $15000 | $8000 | $7000 | $7000 |
| Beneficio Antes de Impuestos | -$76.4M | -$55.4M | -$116.3M | -$22.5M | -$17.3M | $11.3M | -$103.8M | -$53.7M | -$77.2M | -$36.0M |
| Impuestos | $10.0M | $13.0M | $96000 | $164000 | $745000 | $3.6M | $2.0M | $5.4M | $5.0M | $2.8M |
| Beneficio Neto | -$86.3M | -$67.9M | -$116.4M | -$22.6M | -$18.0M | $7.7M | -$105.8M | -$59.1M | -$82.2M | -$38.8M |
| BPA | $-8.20 | $-5.00 | $-7.80 | $-1.32 | $-0.94 | $0.39 | $-5.20 | $-3.00 | $-4.00 | $-1.80 |
| BPA Diluido | $-8.20 | $-5.00 | $-7.80 | $-1.32 | $-1.00 | $0.38 | $-5.20 | $-3.00 | $-4.00 | $-1.80 |
| Acciones en Circulación (Diluidas) | $10.6M | $13.5M | $14.9M | $17.1M | $19.1M | $20.1M | $20.1M | $20.4M | $20.5M | $20.7M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $49.7M | $49.1M | $45.1M | $42.2M |
| Beneficio Bruto | $22.2M | $22.4M | $17.8M | $15.0M |
| Beneficio Operativo | -$11.1M | -$2.3M | -$8.0M | -$12.0M |
| EBITDA | -$830000 | -$149784 | -$7.4M | -$11.3M |
| Beneficio Neto | -$7.7M | -$1.2M | -$10.5M | -$7.7M |
| BPA | $-0.37 | $-0.06 | $-0.60 | $-0.40 |
| BPA Diluido | $-0.37 | $-0.06 | $-0.60 | $-0.40 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $98.3M | $73.6M | $249.2M | $644.6M | $187.0M | $219.5M | $217.7M | $199.3M | $121.0M | $134.9M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | $314.0M | $234.7M | $91.7M | $121.4M | $173.2M | $167.9M |
| Cuentas por Cobrar | $20.0M | $45.3M | $66.5M | $116.4M | $154.6M | $163.7M | $131.0M | $133.6M | $122.3M | $126.8M |
| Inventario | $20.5M | $30.3M | $57.8M | $76.8M | $188.9M | $234.7M | $228.7M | $258.6M | $166.0M | $195.9M |
| Activos Corrientes | $146.3M | $153.3M | $378.0M | $855.0M | $879.2M | $878.7M | $689.1M | $725.0M | $595.4M | $649.9M |
| Inmovilizado Material | $78000 | $28000 | $63000 | $10.9M | $10.1M | $9.1M | $9.9M | $8.4M | $7.6M | $6.5M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $13.4M |
| Activos Intangibles | $8.8M | $8.1M | $7.5M | $15.3M | $13.8M | $23.5M | $21.8M | $19.3M | $16.4M | 0 |
| Activos Totales | $167.0M | $161.6M | $385.7M | $882.2M | $966.0M | $1.07B | $886.2M | $831.7M | $685.3M | $670.8M |
| Cuentas por Pagar | $6.1M | $25.2M | $37.6M | $50.0M | $105.9M | $114.9M | $64.6M | $52.8M | $40.4M | $45.4M |
| Deuda a Corto | $31.3M | $22.8M | $34.2M | $50.1M | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Corrientes | $76.2M | $108.5M | $157.3M | $242.2M | $307.4M | $370.7M | $259.5M | $259.3M | $179.9M | $194.5M |
| Deuda a Largo | $85.2M | $99.8M | $46.1M | 0 | 0 | 0 | 0 | 0 | 0 | $6.1M |
| Pasivos Totales | $176.1M | $226.7M | $233.4M | $273.9M | $338.5M | $401.0M | $290.8M | $279.6M | $199.2M | $211.5M |
| Reservas | -$1.20B | -$1.27B | -$1.39B | -$1.41B | -$1.43B | -$1.42B | -$1.53B | -$1.59B | -$1.67B | -$1.71B |
| Patrimonio Neto | -$9.1M | -$65.1M | $152.3M | $608.3M | $627.5M | $667.1M | $595.3M | $552.1M | $486.2M | $459.3M |
| Deuda Total | $116.5M | $122.7M | $80.3M | $59.6M | $9.2M | $8.6M | $10.0M | $8.7M | $7.7M | $12.2M |
| Deuda Neta | $18.2M | $49.0M | -$168.9M | -$585.0M | -$491.8M | -$445.6M | -$299.3M | -$311.9M | -$286.5M | -$290.6M |
| Capital Circulante | $70.1M | $44.7M | $220.7M | $612.8M | $571.8M | $508.0M | $429.6M | $465.7M | $415.4M | $455.4M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $122.8M | $134.9M | $131.1M | $143.6M |
| Activos Totales | $659.8M | $670.8M | $645.8M | $624.4M |
| Pasivos Totales | $200.9M | $211.5M | $196.4M | $180.7M |
| Patrimonio Neto | $458.9M | $459.3M | $449.4M | $443.6M |
| Deuda Total | $6.7M | $12.2M | $5.6M | $5.3M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$86.3M | -$67.9M | -$116.4M | -$22.6M | -$18.0M | $7.7M | -$105.7M | -$59.3M | -$82.2M | -$38.8M |
| Amortizaciones | $783000 | $708000 | $669000 | $859000 | $2.0M | $2.9M | $3.1M | $3.0M | $3.0M | $3.0M |
| Compensación en Acciones | $13.6M | $14.0M | $18.8M | $30.9M | $45.8M | 0 | 0 | 0 | $17.7M | $13.9M |
| Cambio en Capital Circulante | -$8.3M | $6.9M | $84000 | -$20.1M | -$53.8M | -$116.0M | -$104.0M | $51.3M | $36.2M | $32.3M |
| Flujo de Caja Operativo | -$71.8M | -$32.8M | -$94.7M | -$9.4M | -$21.7M | -$66.5M | -$180.0M | $6.9M | -$31.0M | $6.7M |
| Inversiones (CapEx) | -$21000 | -$12000 | -$58000 | -$2.5M | -$252000 | $2 | -$2 | -$24097 | $2 | 0 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | $4000 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | -$2.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$71.8M | -$32.8M | -$94.8M | -$11.8M | -$22.0M | -$66.5M | -$180.0M | $6.9M | -$31.0M | $6.7M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$12.8M | $15.3M | $6.4M | $40.3M |
| Inversiones (CapEx) | $5 | -$1 | -$3 | $3 |
| Flujo de Caja Libre | -$12.8M | $15.3M | $6.4M | $40.3M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | 0 | -$12.3M | $2.3M | $2.1M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +39.2% | +26.6% | +87.5% | +42.9% | -5.0% | -36.7% | -16.9% | -25.5% | -6.5% |
| Crecimiento Beneficio Neto (anual) | | +21.4% | -71.6% | +80.6% | +20.5% | +142.9% | -1468.9% | +44.1% | -39.0% | +52.8% |
| Crecimiento BPA (anual) | | +39.0% | -56.0% | +83.1% | +28.8% | +141.5% | -1433.3% | +42.3% | -33.3% | +55.0% |
| Cambio en Acciones (anual) | | +27.7% | +9.8% | +15.2% | +11.5% | +5.4% | -0.3% | +1.6% | +0.8% | +1.0% |
| Crecimiento FCF (anual) | | +54.3% | -188.5% | +87.5% | -85.7% | -202.4% | -170.5% | +103.8% | -550.7% | +121.7% |
| Margen Bruto | 73.6% | 75.2% | 76.2% | 77.7% | 78.6% | 79.2% | 65.7% | 53.9% | 35.6% | 56.6% |
| Margen Operativo | -50.4% | -25.2% | -47.2% | -5.6% | -3.2% | 1.8% | -28.7% | -18.4% | -40.2% | -6.5% |
| Margen EBITDA | -43.5% | -24.5% | -46.5% | -3.5% | -2.1% | 2.4% | -27.3% | -16.5% | -32.4% | -15.5% |
| Margen Neto | -66.4% | -37.5% | -50.8% | -5.3% | -2.9% | 1.3% | -28.7% | -19.3% | -35.9% | -18.2% |
| Margen FCF | -55.2% | -18.1% | -41.3% | -2.8% | -3.6% | -11.4% | -48.7% | 2.2% | -13.6% | 3.2% |
| Tasa Impositiva Efectiva | -13.1% | -23.5% | -0.1% | -0.7% | -4.3% | 31.5% | -1.9% | -10.1% | -6.5% | -7.6% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-6.78 | $-2.43 | $-6.38 | $-0.69 | $-1.15 | $-3.31 | $-8.97 | $0.34 | $-1.51 | $0.33 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $10.5M | $13.5M | $14.9M | $17.1M | $18.0M | $19.8M | $20.1M | $19.7M | $20.5M | $20.7M |
Qué mirar en Salud / Farma
El pipeline de I+D es el activo invisible. Patentes que caducan = ingresos que evaporan. Mira innovación y flujo de caja.
- I+D / Ingresos — Indica inversión en pipeline futuro. Farma seria reinvierte 15-20%
- Crecimiento EPS 5y — Tras caducidad de patentes, ¿siguen creciendo?
- Margen bruto — Farma de marca >70%. Genéricos mucho más bajo — define el tipo de negocio
- FCF / Net Income — Calidad del beneficio — farma grande debería convertir >90%
- ROIC — Capital reinvertido con eficiencia — clave en farma por ciclos de I+D largos
- Deuda neta / EBITDA — Adquisiciones de farma generan mucha deuda — ojo al post-M&A
- P/E vs historial 10y propio — La mejor comparación es con su propia historia, no con competidores
Rentabilidad
| Rentabilidad sobre capital | -5.99% |
| Rentabilidad sobre capital invertido | -7.25% |
| Rentabilidad sobre activos | -4.34% |
| Margen bruto | 41.58% |
| Margen operativo | -17.91% |
| Margen neto | -14.57% |
Salud financiera
| Deuda / Patrimonio | 0.01 |
| Ratio corriente | 3.67 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -7.51 | -16.04 | -34.90 | -324.36 | -103.60 | 172.82 | -4.65 | -5.80 | -2.42 | -7.76 |
| P/VC | -71.61 | -16.67 | 26.56 | 12.07 | 2.81 | 2.00 | 0.82 | 0.62 | 0.41 | 0.63 |
| P/V | 4.99 | 5.99 | 17.65 | 17.09 | 2.87 | 2.29 | 1.31 | 1.12 | 0.87 | 1.36 |
| Margen Bruto | 73.6% | 75.2% | 76.2% | 77.7% | 78.6% | 79.2% | 65.7% | 53.9% | 35.6% | 56.6% |
| Margen Operativo | -50.4% | -25.2% | -47.2% | -5.6% | -3.2% | 1.8% | -28.7% | -18.4% | -40.2% | -6.5% |
| Margen Neto | -66.4% | -37.5% | -50.8% | -5.3% | -2.9% | 1.3% | -28.7% | -19.3% | -35.9% | -18.2% |