On this page of Benford's Law Stocks.com we present our study of ADC Therapeutics SA — ticker symbol ADCT. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/13/2024 to 3/27/2025 for ADC Therapeutics SA under CIK number 0001771910. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for ADCT, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for ADC Therapeutics SA based on the past ADCT filings our system processed in the past.
37.8
15.0
10.3
7.3
7.7
7.3
6.4
3.9
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, ADCT stockholder letter ]
Total numbers found: 880
Recent share count: 96,689,617 (9's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
880
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 9 numbers to move any given column by a full percentage point.
96

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 1's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was below the company's typical historical range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 9, we canceled the penalty multiplier.
Benford's Law Stocks Indicator
ADCT
High score compared to other filers, with ADCT falling in the highest quartile of filers.
SLND
ENGN
CSBB
DTI
NLOP
REFI
ERNA
UMAC
Check our work! We provide our ADC Therapeutics SA Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the ADCT filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 333 numbers that start with the digit 1. Here they are:
173.4
18,387
16,177
10,344
10,511
1,647
1,161
18,029
15,569
113,632
112,730
10,180
101,606,376
1,283,892
1,180,545
1,421
1,493,318
1,335,472
148,249
1,557
109,633
127,127
130,654
165,986
12,272
10,540
12,457
156,136
195,419
166
156,302
1,544
157,846
1.62
157,846
1,044
1,854
185
1,229
1,478
103
1,332
1,916
159,178
1,166,414
1,823
1,095,419
1,854
1,854
1,478
1,478
1,916
1,916
1,916
111
1,330,081
111
13,495
13,495
14,131
1,650,610
138
14,269
1,180,545
1,335,472
148,249
157,846
157,846
1,044
1,044
185
185
1,229
1,229
103
103
1,332
1,332
1,332
157,846
159,178
192
108,721
10,411,912
12,564,430
1,113
103,347
104,785
101,606,376
1,283,892
1,421
1,493,318
157,846
13,495
19,207
11,178
1,518
1,608
1,334
1,187
1,942
1,544
186
187
1,480
11,140
14,143
1,958
1,716
123,835
118,686
1,163
184
15,702
15,387
13,707
100
1.2536
1.2731
1.2743
1.2431
1,460
1,364
12,133
13,707
1,773
14,590
16,844
18,338
16,095
18,387
16,177
1,518
1,608
1,119
1,137
1,173
10,395
1,334
1,187
1,942
1,780
1,681
1,718
1,758
1,799
10,832
1,466
1,647
1,647
111,414
187,531
156,136
195,419
148
166
1,479
166
156,136
195,419
1,453
1,022
1,111
1,446
1,576
16,779
14,839
166
149,925
162,877
14,880
14,873
13,958
1,880
1,843
1,912
1,332
1,912
1,107
1,912
1,332
1,912
1,332
1,059
1
1,314
1,463
13,600
12,693
15,697
1,543
1,371
1,467
11,249
11,496
175.0
120.0
1.00
116.0
120,000
126,250
116,043
126,250
116,043
126,250
120
108,856
14.99
16.6
18.4
16.12
15,700
15,382
16,602
18,398
113.6
112.7
12,480
124,740
1,781,262
12,297
1.99
1.66
116
10
10
1.9
1,898
11,178
10
11.2
10
100
1.25
11,101
12,685
118
1,445
1,195
1,174
10,336
11,101
12,640
174
1,195
100
1,391
1,967
1,192
118
182
165
160
1.45
1.25
1.45
1.50
1.50
1,483
134
1,044
1,854
12,106,664
13,411,912
105.0
19.99
100.0
1,557
1,557
17,163
1,028
1,028
15,935
15,935
11,337
16,218
1,971
15,807
15,807
15,103
17,489
1,792
15,697
17,489
11,337
12.3
10.5
16,602
18,398
1
12
11,178
1,063
12,457
17,741,355
160,945
157,906
13,123
1,000,000
18.30
10,755,494
12.58
1,668,740
11.00
10,744,406
1,646,400
114,471
10,697,288
12.57
1.53
1.69
1.69
1,163
1,585,877
13.26
1.23
1,330,081
10.13
1.78
1.81
10.0
157,846
1.62
10,054,588
10,744,406
163,576
18,907,309
107,712
123,176
13,494
130,654
165,986
157,846
We found 132 numbers that start with the digit 2. Here they are:
250,867
278,598
20,316
25,182
2,433
220
2,744,974
202,642
2,529
201,491
235,544
25,482
29,433
234,525
240,053
2.94
240,053
241,969
240,053
240,053
240,053
241,969
27
2,146,768
236
219
228
240
2,744,974
220
202,642
240,053
28,224
2,080
296
200
2,462
228
27,648
278,598
250,867
278,598
272.9
296
296
296
296
2,080
2,096
2,002
21,328
26,694
2,991
2,858
28,999
21,606
2,546
221,748
213,488
219,836
212,156
225
20,523
24,902
244
2,631,578
24.70
28.07
296
296
24.70
28.07
24.70
28.07
225.0
2.50
2.25
2.0
225.0
218.0
222,277
27,915
2.1
2.8
278
280
254
25
24
254
298
244
209
2.56
2,246
2,179
24,554
23,974
2,015
2,386
2,403
24.0
22.0
27,915
296
2,964
2.2
2.06
25
2,129
2.20
2.06
22.55
2,197,458
22.09
2.15
2.66
2.06
297,799
2.03
280,000
2.42
240,053
2.94
2,497,349
229,675
22,448,059
2,529
201,491
235,544
27,192
240,053
We found 91 numbers that start with the digit 3. Here they are:
307,390
336,291
321,980
354,782
320,093
303,572
321,980
354,782
39,106
376
376
376
320,529
392,185
32
3,000,000
36,925
36,925
321
37,104
3,016
3,728
3,173
3,216
3,216
36,925
326,441
312.0
3,873
3,953
3,652
314
37,104
37,104
39,106
343
39,106
3,326
35.3
30
3,957
3,957
3,016
3,090
325.0
309,613
33,608
326,659
321
3,177
31
33
321
3,177
3.03
325
371
325
31
33
3.1
3,042,154
38,026,929
36.9
3,746
3,746
3,946
35.0
38.0
33,608
3,039
3,355,883
319
3,808
319
357,300
3,900,341
3.37
30.84
3.56
3.39
3.29
3.31
3.16
3,021,221
3,106,310
3.1
330
372
36,388
38,559
4's 5's 6's
We found 64 numbers that start with the digit 4. Here they are:
498
44,015
41,894
48,424
46,325
438
438
438
40
4
4,003,835
4
4,972
497
4,771
47,789
456
48,027
49
4,415
4,275
4.9
4.6
4.4
49
44,722
4,745
420
4.0
4,412,840
497
4.3
4.6
4,972
4.4855
4.6744
421
421
455
444
459
478
474
4,602
4.90
4.81
498
498
44
41.0
40.0
46,325
4,972
497
4,330,311
48.77
4,822,161
4.86
4.86
4.54
4.62
4,940,135
4,940,135
43,711
We found 68 numbers that start with the digit 5. Here they are:
5,990
5,075
5,622
52,101
524,622
503,031
541
5,949
57,464
50,211
5,528
541
502,929
5,750
526
558
59,345
5,528
52
5,712
558
5,384
5,320
5,075
5,622
50.0
51
50.0
51
5,966
523
5,800
5,638
5,796
5,184
52,101
527,295
574.7
580.1
50
50
50
5,384
5,384
5.0
50
5.9
5.65
5.40
5.8111
5.5671
5,482
58
5,201
501
50,000
50,211
52
5,596,166
554
554
5,875,127
5.45
5.45
5,272
5,596,166
5,949
57,786
We found 64 numbers that start with the digit 6. Here they are:
62,440
67,670
6,748,809
69,280
69,060
69,558
6,352
679
6,748,809
60,506
6,568
6,568
6,568
6,925
60,506
65
6
692
66,989
649
6,310
6,417
6.6
6,617
6,617
62,440
6.50
60.0
650
6,250
6,250
6,250
675.0
600.0
600.0
65
65
6.0294
65
65
614
627
680
614
675
60.5
69,280
69,060
69,558
69,280
69,060
69,558
6,352
6,530
610,083
67
67
6,593
6,575,846
6,533,843
686,312
642,700
608,961
69,558
7's 8's 9's
We found 56 numbers that start with the digit 7. Here they are:
711
7,995
7,312
70,837
7,312
79,451
747
774
7,312
712
7,289
7,391
73,102
773
73,875
7,613
7,888
7,524
7.7
7.5
7,510
7.50
733,568
7,187
7,551
75.0
7
7
7
7
750.0
7.0
75.0
73.1
75,000
736
778
700
736
70
79
719
763,799
7.6
70,837
70,837
7,391
7,391
7,756
75
77
79
7.96
70,837
7,731
74,067
We found 34 numbers that start with the digit 8. Here they are:
8,370
8,354
80,469
8,879
8,425
89,041,946
82,293,137
81,712,166
89,041,946
8,399,419
89,041,946
8,425
867
867
83
8,709
82
817
8.25
8.30
83
8,709
8,709
8,369
8,128,510
8,163,265
8,934
80
8,000,000
8.12
898,585
8.69
8.5
81,712,166
We found 38 numbers that start with the digit 9. Here they are:
99,083,838
9,450
98,861,402
93
97,159,966
93
9
921
902
97,054
9,725
96
997
970
9,897
9,366
9.25
902
9,330
99,840
973
99
9,909
9,909
95
910
9,547,482
97.4
9.99
935
9
943,816
9.15
968,964
95
90
97,159,966
937,677
While the above ADCT 10K Filed 3/27/2025 is interesting in isolation, we have found that it is also useful to take a look at older ADC Therapeutics SA filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10K Filed 3/27/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical ADCT 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

37.8
15.0
10.3
7.3
7.7
7.3
6.4
3.9
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 880

= Typical ADCT range from 3/13/2024 to 3/27/2025
29.7
14.2
13.4
11.3
10.8
5.1
5.9
7.0
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 529

= Typical ADCT range from 3/13/2024 to 3/27/2025
32.6
13.7
12.6
10.6
9.7
3.3
5.9
6.7
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 818

= Typical ADCT range from 3/13/2024 to 3/27/2025
34.3
16.8
10.8
8.4
7.6
7.4
7.9
3.9
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 920

= Typical ADCT range from 3/13/2024 to 3/27/2025
27.5
14.1
14.5
9.6
7.8
4.9
6.2
8.9
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL?   [ original filing ]
Total numbers found: 835

= Typical ADCT range from 3/13/2024 to 3/27/2025
 

Benford's Law ADCT Stock (ADC Therapeutics SA) | www.Benford'sLawStocks.com
Copyright © 2023 - 2025, All Rights Reserved

Nothing in BenfordsLawStocks.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.