Financial Snapshot

Revenue
$63.19M
TTM
Gross Margin
Net Earnings
-$49.40M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
497.03%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$28.41M
Q3 2024
Book Value
$327.7M
Q3 2024
Cash
Q3 2024
P/E
-9.586
Nov 13, 2024 EST
Free Cash Flow
-$7.095M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $57.42M $51.35M $55.31M $71.86M $73.41M $60.37M $15.39M $48.60M $42.10M $11.70M $200.0K $130.1M $14.90M
YoY Change 11.84% -7.17% -23.03% -2.12% 21.61% 292.37% -68.34% 15.44% 259.83% 5750.0% -99.85% 773.15%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $57.42M $51.35M $55.31M $71.86M $73.41M $60.37M $15.39M $48.60M $42.10M $11.70M $200.0K $130.1M $14.90M
Cost Of Revenue $0.00 $0.00 $700.0K $6.000M $2.900M $4.700M $4.100M
Gross Profit $71.90M $73.40M $59.70M $9.400M $45.80M $37.50M $7.600M
Gross Profit Margin 100.06% 99.98% 98.89% 61.09% 94.24% 89.07% 64.96%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $70.10M $67.07M $99.30M $108.7M $106.1M $97.06M $95.59M $84.50M $90.20M $71.60M $35.90M $25.70M $25.30M
YoY Change 4.51% -32.45% -8.62% 2.43% 9.3% 1.53% 13.13% -6.32% 25.98% 99.44% 39.69% 1.58%
% of Gross Profit 151.13% 144.52% 162.58% 1016.94% 184.5% 240.53% 942.11%
Research & Development $40.62M $63.39M $193.7M $261.0M $219.2M $201.3M $173.9M $141.7M $129.2M $168.5M $120.6M $114.0M $98.90M
YoY Change -35.92% -67.27% -25.79% 19.02% 8.89% 15.79% 22.71% 9.67% -23.32% 39.72% 5.79% 15.27%
% of Gross Profit 362.94% 298.7% 337.27% 1849.86% 309.39% 344.53% 2217.11%
Depreciation & Amortization $1.900M $2.600M $3.500M $3.300M $3.300M $3.000M $2.500M $3.120M $2.990M $3.270M $2.650M $3.250M $3.840M
YoY Change -26.92% -25.71% 6.06% 0.0% 10.0% 20.0% -19.87% 4.35% -8.56% 23.4% -18.46% -15.36%
% of Gross Profit 4.59% 4.5% 5.03% 26.6% 6.81% 7.97% 43.03%
Operating Expenses $110.7M $143.3M $313.1M $369.6M $325.3M $299.1M $275.5M $226.2M $219.3M $240.1M $156.5M $139.7M $124.2M
YoY Change -22.74% -54.23% -15.29% 13.61% 8.76% 8.57% 21.8% 3.15% -8.66% 53.42% 12.03% 12.48%
Operating Profit -$56.04M -$91.96M -$257.8M -$297.8M -$251.9M -$238.8M -$260.1M -$180.4M -$181.8M -$232.5M
YoY Change -39.06% -64.33% -13.42% 18.2% 5.51% -8.22% 44.19% -0.77% -21.81%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense $6.766M $6.369M $46.89M $44.59M $31.86M $10.48M $8.547M -$100.0K $600.0K $300.0K
YoY Change 6.23% -86.42% 5.17% 39.93% 203.97% 22.64% -8647.0% -116.67% 100.0%
% of Operating Profit
Other Income/Expense, Net $9.116M $8.545M $1.109M $2.831M $8.395M $11.97M $4.789M $1.600M
YoY Change 6.68% 670.51% -60.83% -66.28% -29.84% 149.86%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income -$49.27M -$92.82M -$199.6M -$286.5M -$241.7M -$226.1M -$271.7M -$180.6M -$181.3M -$230.7M -$156.3M -$9.600M -$109.3M
YoY Change -46.92% -53.49% -30.35% 18.56% 6.9% -16.79% 50.45% -0.39% -21.41% 47.6% 1528.13% -91.22%
Income Tax $5.924M $9.000K -$200.0K -$8.500M -$5.200M -$10.60M $13.70M $10.10M $1.000M $6.400M $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$55.19M $872.1M -$199.4M -$278.0M -$236.5M -$215.5M -$285.4M -$190.7M -$182.2M -$237.0M -$156.3M -$9.600M -$109.3M
YoY Change -106.33% -537.32% -28.27% 17.58% 9.71% -24.48% 49.66% 4.67% -23.12% 51.63% 1528.13% -91.22%
Net Earnings / Revenue -96.11% 1698.54% -360.55% -386.9% -322.08% -357.01% -1854.97% -392.39% -432.78% -2025.64% -78150.0% -7.38% -733.56%
Basic Earnings Per Share -$1.00 $11.85 -$2.87 -$4.46 -$4.25
Diluted Earnings Per Share -$1.00 $11.85 -$2.87 -$4.46 -$4.25 -$3.991M -$5.447M -$4.266M -$5.327M -$7.453M -$4.839M -$297.2K -$3.384M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $102.4M $327.5M $173.5M $292.9M $280.8M $505.3M $348.6M $501.1M $172.4M $254.6M
YoY Change -68.72% 88.79% -40.78% 4.31% -44.43% 44.95% -30.43% 190.66% -32.29%
Cash & Equivalents $102.4M $298.2M $89.96M $81.50M $58.10M $378.0M $89.00M $344.7M $112.7M $89.20M
Short-Term Investments $62.88M $29.31M $83.51M $211.5M $222.8M $127.3M $259.6M $156.4M $59.70M $165.4M
Other Short-Term Assets $13.64M $9.195M $18.81M $30.70M $7.100M $16.90M $4.000M $5.500M $17.90M $6.100M $2.600M $2.300M $1.900M
YoY Change 48.35% -51.11% -38.74% 332.39% -57.99% 322.5% -27.27% -69.27% 193.44% 134.62% 13.04% 21.05%
Inventory $0.00 $16.80M $12.20M $10.00M $12.50M $10.40M $7.500M $0.00
Prepaid Expenses
Receivables $17.47M $16.79M $14.07M $15.90M $12.00M $10.70M $9.400M $9.700M $37.20M $2.100M $1.100M $900.0K $300.0K
Other Receivables $0.00 $0.00 $43.53M $53.80M $38.60M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $100.0K $100.0K
Total Short-Term Assets $133.5M $353.5M $249.9M $393.3M $338.5M $532.8M $378.7M $528.5M $237.5M $275.4M $14.10M $10.80M $2.300M
YoY Change -62.22% 41.46% -36.47% 16.19% -36.47% 40.69% -28.34% 122.53% -13.76% 1853.19% 30.56% 369.57%
Property, Plant & Equipment $45.36M $52.00M $53.35M $59.70M $59.20M $13.20M $10.20M $8.500M $9.900M $9.700M $10.20M $9.200M $10.40M
YoY Change -12.78% -2.52% -10.64% 0.84% 348.48% 29.41% 20.0% -14.14% 2.06% -4.9% 10.87% -11.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $67.54M $12.80M $5.000M $11.90M $41.60M $99.60M $50.90M $51.40M
YoY Change -100.0% 427.63% 156.0% -57.98% -71.39% -58.23% 95.68% -0.97%
Other Assets $203.1M $201.9M $4.065M $3.300M $2.400M $2.400M $2.700M $2.700M $1.900M $1.300M $800.0K $800.0K $900.0K
YoY Change 0.58% 4867.65% 23.18% 37.5% 0.0% -11.11% 0.0% 42.11% 46.15% 62.5% 0.0% -11.11%
Total Long-Term Assets $248.5M $253.9M $124.9M $75.80M $70.30M $27.40M $62.70M $110.8M $62.60M $62.40M $11.10M $10.20M $11.50M
YoY Change -2.16% 103.23% 64.84% 7.82% 156.57% -56.3% -43.41% 77.0% 0.32% 462.16% 8.82% -11.3%
Total Assets $382.0M $607.4M $374.8M $469.1M $408.8M $560.2M $441.4M $639.3M $300.1M $337.8M $25.20M $21.00M $13.80M
YoY Change
Accounts Payable $1.524M $1.554M $3.098M $6.800M $4.800M $9.000M $5.900M $1.700M $18.80M $9.900M $6.900M $5.200M $5.700M
YoY Change -1.93% -49.84% -54.44% 41.67% -46.67% 52.54% 247.06% -90.96% 89.9% 43.48% 32.69% -8.77%
Accrued Expenses $16.75M $27.14M $38.45M $85.90M $65.50M $46.10M $56.50M $47.40M $30.50M $31.20M $21.70M $16.30M $17.10M
YoY Change -38.27% -29.42% -55.24% 31.15% 42.08% -18.41% 19.2% 55.41% -2.24% 43.78% 33.13% -4.68%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $16.94M $19.30M $9.900M $0.00 $100.0K
YoY Change -100.0% -12.23% 94.95% -100.0%
Total Short-Term Liabilities $24.77M $28.72M $58.59M $123.6M $111.7M $98.60M $62.60M $49.30M $49.50M $41.30M $36.90M $22.70M $35.90M
YoY Change -13.75% -50.99% -52.6% 10.65% 13.29% 57.51% 26.98% -0.4% 19.85% 11.92% 62.56% -36.77%
Long-Term Debt $0.00 $0.00 $599.4M $599.8M $445.2M $454.4M $223.7M $222.7M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -0.07% 34.73% -2.02% 103.13% 0.45%
Other Long-Term Liabilities $144.2M $136.9M $55.41M $49.40M $75.80M $58.90M $39.90M $17.10M $7.600M $6.700M $5.400M $5.300M $118.7M
YoY Change 5.37% 147.04% 12.17% -34.83% 28.69% 47.62% 133.33% 125.0% 13.43% 24.07% 1.89% -95.53%
Total Long-Term Liabilities $144.2M $136.9M $654.8M $649.2M $521.0M $513.3M $263.6M $239.8M $7.600M $6.700M $5.400M $5.300M $118.7M
YoY Change 5.37% -79.1% 0.86% 24.61% 1.5% 94.73% 9.92% 3055.26% 13.43% 24.07% 1.89% -95.53%
Total Liabilities $169.0M $165.6M $713.4M $772.8M $632.7M $611.8M $326.2M $289.0M $57.10M $48.00M $42.20M $28.00M $154.5M
YoY Change 2.06% -76.79% -7.69% 22.14% 3.42% 87.55% 12.87% 406.13% 18.96% 13.74% 50.71% -81.88%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Basic Shares Outstanding 55.30M 73.59M 69.46M 62.35M 55.61M 55.08M 53.70M
Diluted Shares Outstanding 55.30M 73.59M 69.46M 62.35M 55.61M 53.97M 52.35M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $473.57 Million

About Theravance Biopharma, Inc.

Theravance Biopharma, Inc. is a biopharmaceutical company, which engages in the discovery, research, development, and commercialization of respiratory medicines. The company is headquartered in George Town, Grand Cayman and currently employs 99 full-time employees. The company went IPO on 2014-05-16. Its product, YUPELRI (revefenacin) inhalation solution is indicated for the maintenance treatment of patients with chronic obstructive pulmonary disease (COPD). YUPELRI is a prescription medicine used to treat COPD, a long-term lung disease that includes chronic bronchitis, emphysema, or both. YUPELRI is an anticholinergic medicine, which helps the muscles around the airway in lungs stay relaxed to prevent symptoms, such as wheezing, shortness of breath and others. Its pipeline of internally discovered programs is targeted to address unmet patient needs. Ampreloxetine, its late-stage investigational norepinephrine reuptake inhibitor in development for symptomatic neurogenic orthostatic hypotension. Its Selective 5-HT4 Agonist (TD-8954) is a selective 5-HT4 receptor agonist, which is developed for the treatment of gastrointestinal motility disorders.

Industry: Pharmaceutical Preparations Peers: