HLS Therapeutics, Inc.

HLS Therapeutics, Inc.

4.15
CAD
+0.03
(+0.73%)
-0.37EPS
141.37MMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.01
3.81
- -
2.18
2.97
2.28
1.84
1.77
1.86
1.9
1.95
1.78
1.75
1.73
Basic EPS, GAAP
0.49
0.66
-0.1
-0.6
-0.24
-0.92
-0.67
-0.48
-0.41
-0.73
-0.85
-0.62
-0.39
-0.26
Free Cash Flow per Basic Share
0.88
0.94
-0.17
0.87
1.05
1.19
0.38
-1.11
0.37
0.21
0.48
0.25
0.49
0.53
Dividend per Share
0.32
0.16
- -
- -
- -
0.04
0.15
0.15
0.16
0.15
0.07
- -
- -
- -
Book Value per Share
2.09
2.41
1.92
1.92
6.58
5.81
5.74
5.32
4.95
3.87
3.05
2.24
1.97
1.77
Tangible Book Value per Share
2.09
2.41
1.92
1.92
-4.82
-4.13
-2.38
-2.64
-2.11
-2.15
-2.02
-1.6
-1.41
-1.28
Basic Weighted Avg Shares
20
19
18
25
25
27
29
32
32
32
32
32
32
33
Sales/Revenue/Turnover
79
74
- -
54
75
61
54
56
60
61
63
57
56
56
Operating Margin (%)
15.7
21.88
- -
21.32
31.01
12.44
-8.55
-21.54
-10.47
-21.96
-16.41
-13.57
-7.4
-8.02
Depreciation Expense
6
4
- -
27
32
32
33
33
30
34
32
23
22
22
Net Income, GAAP
10
13
-2
-15
-6
-25
-20
-15
-13
-24
-28
-20
-12
-9
Effective Tax Rate (%)
24.1
25.16
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
12.25
17.21
- -
-27.56
-8.12
-40.39
-36.1
-27.32
-21.86
-38.39
-43.65
-34.71
-22.4
-15.24
Working Capital
36
46
26
25
30
-7
16
10
16
13
17
13
3
1
LT Debt
- -
- -
- -
- -
137
92
87
97
85
84
82
61
45
37
Total Equity
41
47
26
25
180
158
178
169
161
125
98
71
62
55
Return on Invested Capital (%)
22.92
27.29
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
23.9
29.14
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
23.88
29.14
-4.76
-58.41
-5.94
-14.64
-11.61
-8.82
-7.95
-16.5
-24.69
-23.26
-18.69
-14.07

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5
5
5
LT Borrowings
44
39
37
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
31
31
31
Market Capitalization
110
99
100

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
29
29
31
Cash, Cash Equivalents & STI
12
12
14
Accounts Receivable, Net
7
7
8
Inventories
8
7
6
Total Current Liabilities
26
29
29
Payables & Accruals
11
10
9
ST Debt
5
5
5
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
52.39%
-17.93%
-13.56%
Free Cash Flow
-127.19%
-0.56%
93.13%
Net Income, GAAP
98.15%
3.35%
-36.76%
Sales/Revenue/Turnover
- -
-0.04%
-1.98%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12
15
14
16
57
2025
13
14
14
15
56
2026
13
15
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.19
-0.18
-0.15
-0.1
-0.62
2025
-0.14
-0.09
-0.12
-0.04
-0.39
2026
-0.07
-0.03
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Craig Millian
Full Time Employees
85
Sector
Health technology
Industry
Pharmaceuticals: major
Address
10 Carlson Court Etobicoke ON Canada M9W 6L2
IPO Date
Mar 17, 1980
Business
HLS Therapeutics Inc. (TSX:HLS) is a Canada-based specialty pharmaceutical company focused on acquiring and commercializing clinically differentiated products addressing unmet needs in central nervous system disorders and cardiovascular disease; its core portfolio includes CLOZARIL (clozapine tablets), an atypical antipsychotic for treatment-resistant schizophrenia in Canada and the United States, VASCEPA (icosapent ethyl capsules), a purified omega-3 fatty acid for reducing cardiovascular risk in high-risk statin-treated patients with elevated triglycerides in Canada, MyCare psychiatry lab assays for therapeutic drug monitoring of antipsychotics such as clozapine, risperidone, quetiapine, aripiprazole, olanzapine and paliperidone, MyCare Insite point-of-care device for rapid blood-level measurement from a finger-stick sample, CSAN Pronto point-of-care blood testing device using AI for white blood cell and neutrophil counts to support CLOZARIL compliance, and a retained royalty interest in Takeda's Obizur for acquired hemophilia A; the company generates revenue from product sales, royalties and distribution in Canada, the United States and internationally, targeting healthcare providers, patients with psychiatric and cardiovascular conditions, and laboratory systems. Founded in 2014 and headquartered at 10 Carlson Court, Suite 701, Etobicoke, Ontario, Canada, with operational locations in the Toronto, Montreal and Philadelphia metropolitan areas, HLS Therapeutics employs approximately 91 people and maintains compliance with FDA and Health Canada standards through sourcing from originators and manufacturing partners. Recent developments include the termination of its Pfizer promotion agreement for VASCEPA in Canada effective August 31, 2024 with transition of primary care sales responsibilities back to HLS, sale of its Xenpozyme royalty interest to DRI Healthcare Trust in June 2024 for up to US$45.75 million to strengthen the balance sheet and reduce term loan principal, appointment of John Hanna as full-time CFO and Brian Walsh as Chief Commercial Officer in September 2024, amendment of its credit agreement in June 2024 extending maturity to August 2026 with adjusted revolving facility and interest terms, renewal of its normal course issuer bid for share repurchases, and strong 2024 financial performance with adjusted EBITDA growth excluding royalties, increased cash from operations, and 2025 outlook emphasizing portfolio expansion, profitability and financial flexibility.

Company News

  • HLS Therapeutics Q2 Earnings Call Highlights

  • HLS Therapeutics Q1 Earnings Call Highlights

  • HLS Therapeutics Inc. (HLS:CA) Q4 2025 Earnings Call Transcript