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Theratechnologies Inc. (T:TH)

Business Focus: Biopharmaceuticals

Sector:  Healthcare Industry:  Pharmaceuticals
 
Company Contact
Address: 2015 Peel Street, 11th Floor
MONTREAL QC H3A 1T8
Tel: 1-438-3156608
Website: https://www.theratech.com
IR: See website
Key People
Paul Levesque
President, Chief Executive Officer, Director
Philippe Dubuc
Chief Financial Officer, Senior Vice President
Christian Marsolais
Senior Vice President, Chief Medical Officer
Marienoel Colussi
Vice President - Finance
Andre Dupras
Vice President of Human Resources
Jocelyn Lafond
General Counsel, Company Secretary
John Leasure
Global Commercial Officer
   
Business Overview
Theratechnologies Inc. is a Canada-based clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of therapies addressing unmet medical needs. It markets prescription products for people with human immunodeficiency viruses (HIV) in the United States. The Company's research pipeline focuses on specialized therapies addressing unmet medical needs in HIV, nonalcoholic steatohepatitis (NASH) and oncology. Its medicines include Trogarzo and EGRIFTA SV (tesamorelin for injection). Trogarzo (ibalizumab-uiyk) injection is a long-acting monoclonal antibody which binds to domain 2 of the CD4 T cell receptors. It blocks viral entry into host cells while preserving normal immunologic function. The Company is also investigating an intramuscular method of administration of Trogarzo. EGRIFTA SV (tesamorelin for injection) is approved in the United States for the reduction of excess abdominal fat in people with HIV who have lipodystrophy.
Financial Overview
For the three months ended 29 February 2024, Theratechnologies Inc revenues decreased 18% to $16.2M. Net loss decreased 57% to $4.5M. Revenues reflect Europe segment decrease of 70% to $78K. Lower net loss reflects Research and development expenses decrease of 60% to $3.8M (expense), G/L on debt restructuring decrease from $2.7M (expense) to $0K. Basic Earnings per Share excluding Extraordinary Items increased from -$0.43 to -$0.09.
Employees: 89 as of Nov 30, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $107.62M as of Feb 29, 2024
Annual revenue (TTM): $106.68M as of Feb 29, 2024
EBITDA (TTM): -$6.25M as of Feb 29, 2024
Net annual income (TTM): -$24.58M as of Feb 29, 2024
Free cash flow (TTM): -$7.71M as of Feb 29, 2024
Net Debt Last Fiscal Year: $28.26M as of Feb 29, 2024
Shares outstanding: 45,979,758 as of Apr 11, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization