Theralase Technologies Inc. (TSXV:TLT)

Theralase Technologies Financials Overview

Financials in millions CAD. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	0.86	0.82	1.03	1.07	1.14	0.78
Revenue Growth	-9.61%	-20.99%	-3.45%	-6.00%	45.85%	-15.98%
Gross Profit Gross Profit Growth	0.56	0.51	0.55	0.56	0.63	0.31
Operating Income Operating Income Growth	-3.72	-4.18	-4.29	-4.59	-5.23	-4.54
Net Income Net Income Growth	-3.68	-4.12	-4.26	-4.57	-5.24	-4.41
Earnings Per Share EPS Growth	-0.01	-0.02	-0.02	-0.02	-0.03	-0.02
EPS Growth	-	-	-	-	-	-

Revenue by Geography

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Canada Canada Growth	0.81	0.76	0.9	0.84	1.01	0.7
United States of America (USA) United States of America (USA) Growth	0.04	0.05	0.12	0.23	0.11	0.07
International International Growth	-	0.01	0.02	0	0.02	0.01
Total Total Growth	0.86	0.82	1.03	1.07	1.14	0.78

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	1	0.18	0.27	0.04	1.51	3.69
Total Debt Total Debt Growth	0.43	0.46	0.29	0.39	0.47	0.04
Net Cash (Debt) Net Cash Growth	0.57	-0.28	-0.03	-0.34	1.03	3.66
Net Cash Growth	-	-	-	-	-71.69%	-53.06%
Net Cash Per Share Net Cash Per Share Growth	0.00	-0.00	-0.00	-0.00	0.00	0.02

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	-3.18	-3.29	-3.35	-4.07	-5.1	-4.03
Capital Expenditures CapEx Growth	0.01	-0.05	-0.02	-0.04	-0.07	-0.1
Free Cash Flow Free Cash Flow Growth	-3.16	-3.33	-3.37	-4.11	-5.17	-4.13
Free Cash Flow Growth	-	-	-	-	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	65.07%	62.11%	53.61%	52.52%	55.17%	39.70%
Operating Margin	-433.40%	-511.39%	-414.96%	-429.25%	-459.48%	-581.77%
Pretax Margin	-429.11%	-504.71%	-411.84%	-427.06%	-459.81%	-565.06%
Profit Margin	-429.11%	-504.71%	-411.84%	-427.06%	-459.81%	-565.06%
FCF Margin	-368.66%	-408.43%	-326.11%	-384.01%	-454.37%	-529.21%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 24, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Forward PE	-	31.50	31.50	31.50	31.50	31.50
PS Ratio	89.61	53.54	63.54	37.35	60.85	98.13

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 23, 2026

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