Theralase Technologies Inc.

Theralase Technologies Inc.

0.21
CAD
+0.02
(+10.53%)
-0.01EPS
75.40MMarket Cap
Dec 02Next 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
0.03
0.02
0.02
0.02
0.02
0.01
0.01
- -
- -
0.01
- -
- -
- -
- -
Basic EPS, GAAP
-0.02
-0.03
-0.05
-0.05
-0.05
-0.03
-0.05
-0.03
-0.02
-0.03
-0.02
-0.02
-0.02
-0.01
Free Cash Flow per Basic Share
-0.02
-0.05
-0.06
-0.05
-0.04
-0.01
-0.05
-0.02
-0.02
-0.02
-0.02
-0.01
-0.01
-0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.03
0.04
0.06
0.05
0.02
0.01
0.07
0.04
0.02
0.01
0.01
0.01
0.01
0.02
Tangible Book Value per Share
0.03
0.04
0.06
0.05
0.02
0.01
0.07
0.04
0.02
0.01
0.01
0.01
0.01
0.02
Basic Weighted Avg Shares
48
75
96
109
124
130
145
204
204
208
220
240
253
266
Sales/Revenue/Turnover
1
1
2
2
2
2
1
1
1
1
1
1
1
1
Operating Margin (%)
-91.71
-186.95
-270.01
-255.7
-259.75
-194.18
-769.68
-613.13
-581.77
-459.48
-429.25
-414.96
-511.39
-474.33
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-1
-3
-5
-5
-6
-3
-7
-6
-4
-5
-5
-4
-4
-4
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-95.73
-187.42
-267.74
-256.46
-260.13
-193.58
-769.04
-602.56
-565.06
-459.81
-427.06
-411.84
-504.71
-472.48
Working Capital
1
3
6
5
1
- -
13
8
4
2
- -
1
- -
6
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
2
3
6
6
2
1
14
9
5
3
2
2
2
7
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-102.09
-108.26
-81.97
-157.53
-220.54
-99.82
-48.64
-61.98
-128.27
-182.91
-214.26
-214.33
-93.4

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
265
269
296
Market Capitalization
44
74
75

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2
3
7
Cash, Cash Equivalents & STI
- -
1
5
Accounts Receivable, Net
- -
- -
- -
Inventories
1
- -
- -
Total Current Liabilities
2
2
1
Payables & Accruals
1
2
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
100.09%
-25.51%
-14.01%
Free Cash Flow
28.33%
-4.96%
-1.05%
Net Income, GAAP
4.45%
-5.06%
-3.18%
Sales/Revenue/Turnover
-5.38%
-0.11%
-20.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
- -
- -
- -
-0.02
2025
-0.01
- -
- -
- -
-0.02
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

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

Company Description

CEO
Roger J. Dumoulin-White
Full Time Employees
16
Sector
Health technology
Industry
Medical specialties
Address
41 Hollinger Road Toronto ON Canada M4B 3G4
IPO Date
Nov 2, 2004
Business
Theralase Technologies Inc. operates as a clinical-stage pharmaceutical firm, dedicated to the investigation and advancement of sophisticated Photo Dynamic Compounds (PDCs) and their specialized drug formulations across Canada, the United States, and international markets. This innovative approach targets the elimination of various cancers, bacteria, and viruses. Concurrently, the company designs, develops, manufactures, and distributes its patented super-pulsed laser technology, specifically cleared for treating chronic knee discomfort and utilized off-label for ameliorating a spectrum of nerve, muscle, and joint conditions. A primary focus for Theralase is TLD-1433, known as Ruvidar™, which is currently undergoing a pivotal Phase II clinical study for the treatment of Bacillus Calmette-Guérin (BCG)-unresponsive Non-Muscle Invasive Bladder Cancer (NMIBC) Carcinoma In-Situ. Enrollment for this study is nearing completion, with the company aiming for New Drug Application submissions to Health Canada and the FDA by the fourth quarter of 2026, potentially leading to regulatory approval in early 2027. Recent preclinical findings have also demonstrated the efficacy of Ruvidar® against Herpes Simplex Virus Type 1 and the potential for an X-ray activated version, Rutherrin®, in various cancer models. Beyond its drug development, Theralase markets its Cool Laser Therapy (CLT) systems, which include devices like the TLC-2000, to healthcare professionals. These systems utilize dual-wavelength, super-pulsed laser technology to penetrate tissue deeply, facilitating pain relief, reducing inflammation, and accelerating cellular healing. Founded in 1994, Theralase Technologies Inc. is headquartered in Toronto, Canada, and continues its mission of "Destroying Cancer at the Speed of Light®" and "Healing Pain at the Speed of Light®."

Company News

  • Theralase(R) to Present at ThinkEquity Conference

  • Correcting and Replacing: Theralase(R) Releases Q2 2026 Financial Statements

  • Theralase(R) Releases Q2 2026 Financial Statements

  • Theralase(R) Closes C$3.6 Million Brokered Financing

  • Theralase(R) Announces $5 Million Brokered LIFE Offering

  • Theralase(R) Grants Stock Options

  • Theralase(R) Engages Global One Media to Expand Global Investor Awareness

  • Theralase(R) Receives Receipt for C$100 Million Base Shelf Prospectus

  • Theralase(R) Lists Warrants on the TSXV

  • Theralase(R) Releases Q1 2026 Financial Statements

  • Theralase(R) Closes C$4.8 Million Offering

  • Theralase Technologies Inc. (TLT:CA) Q4 2025 Earnings Call Transcript

  • Theralase(R) Announces $4 Million Brokered LIFE Offering

  • Theralase(R) Releases 2025 Annual Financial Statements and Provides Clinical Study Update

  • Theralase(R) Reports Complete Response with X-Ray-Activated Rutherrin(R) in Muscle Invasive Bladder Cancer Preclinical Study

  • Theralase(R) Closes $CAN 2.66 Million Financing

  • Theralase(R) Discovers Further Mechanism on How Ruvidar(R) Inactivates Herpes Simplex Virus

  • Theralase(R) Demonstrates That X-Ray-Activated Rutherrin(R) Is Significantly More Effective than Radiation Alone in the Destruction of Muscle Invasive Bladder Cancer

  • Light-Activated Ruvidar and Interferon Demonstrate Enhanced Efficacy

  • Correcting and Replacing: Theralase Bladder Cancer Clinical Data to be Presented at the 2026 European Association of Urology Congress