Private company
Theratechnologies Inc.
Theratechnologies Inc. is a Canadian pharmaceutical preparations company based in Montreal.2
Last updated Oct 21, 2026.
Overview
- IndustryPharmaceutical Preparations2
- HeadquartersMontreal, Canada2
- Incorporated inQuebec, Canada4
- Business address2015 Peel Street, 11Th Floor, Montreal4
- Filer categoryNon-accelerated filer, Emerging growth company4
- Legal formSociété par actions par Loi sur les sociétés par actions2
- LEI5493003Q78Q8VKGF14592
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered address500-2015 rue Peel, H3A 1T8 Montreal, Canada2
- Registered withEnterprise Register, 11422370162
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Our legal name and commercial name is Theratechnologies Inc. Our head office and principal place of business is located at 2015 Peel Street, 11 th Floor, Montreal, Québec, Canada H3A 1T8. Our telephone number is (514) 336-7800. Our website is www.theratech.com. Our agent for service in the United States is CT Corporation System, 28 Liberty Street, New York, NY 10005 (212) 894-8940.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Cost of revenue24¢$20.4M
- Other costs74¢$63.4M
- Income tax2¢$2.0M
Out of $85.9M in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2024
- Kept or used elsewhere100¢$2.4M
Out of $2.4M of cash from operations.3
Financial statements
No quarterly figures reported.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $45.2M6 | $63.2M7 | $66.1M8 | $69.8M9 | $80.1M3 | $81.8M3 | $85.9M3 | |
| Cost of revenue | $18.4M9 | $23.8M3 | $19.6M3 | $20.4M3 | ||||
| Operating income | -$3.6M6 | -$8.5M7 | -$18.0M8 | -$25.2M9 | -$39.9M3 | -$10.6M3 | $8.2M3 | |
| Income before tax | -$31.7M9 | -$46.8M3 | -$23.5M3 | -$6.3M3 | ||||
| Income tax | $63.0K9 | $443.0K3 | $421.0K3 | $2.0M3 | ||||
| Net income | -$4.7M6 | -$12.5M7 | -$22.7M8 | -$31.7M9 | -$47.2M3 | -$24.0M3 | -$8.3M3 | |
| Earnings per share | -$137.009 | -$1.983 | -$0.913 | -$0.173 | ||||
| Earnings per share (diluted) | -$137.009 | -$1.983 | -$0.913 | -$0.173 | ||||
| Shares (weighted, basic) | 19.3M shares9 | 23.8M shares3 | 24.2M shares3 | 46.0M shares3 | ||||
| Shares (weighted, diluted) | 23.1M shares9 | 23.8M shares3 | 26.3M shares3 | 49.4M shares3 |
No quarterly figures reported.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash | $1.4M6 | $39.0M7 | $28.7M8 | $12.7M9 | $20.4M3 | $23.9M3 | $34.1M3 | $15.9M3 |
| Receivables | $10.5M10 | $12.0M9 | $13.0M3 | $15.2M3 | ||||
| Current assets | $91.9M10 | $73.4M9 | $63.3M3 | $44.0M3 | ||||
| Property, plant and equipment | $743.0K10 | $1.5M9 | $1.2M3 | $222.0K3 | ||||
| Intangible assets | $21.4M10 | $15.0M9 | $12.5M3 | $7.6M3 | ||||
| Total assets | $59.2M6 | $111.1M6 | $3.0M7 | $100.1M8 | $119.2M10 | $93.3M9 | $77.8M3 | $53.3M3 |
| Accounts payable | $40.4M10 | $41.1M9 | $28.5M3 | $24.1M3 | ||||
| Short-term debt | $7.3M3 | $3.5M3 | ||||||
| Current liabilities | $45.1M10 | $114.3M9 | $47.3M3 | $36.9M3 | ||||
| Long-term debt | $50.7M3 | $40.9M3 | ||||||
| Long-term liabilities | $56.4M10 | $1.6M9 | $51.3M3 | $41.8M3 | ||||
| Total liabilities | $25.7M6 | $76.1M6 | $3.0M7 | $96.9M8 | $101.5M10 | $115.8M9 | $98.6M3 | $78.6M3 |
| Retained earnings | -$335.2M10 | -$382.6M9 | -$408.7M3 | -$416.9M3 | ||||
| Shareholders’ equity | $33.4M6 | $35.0M7 | $24.8M8 | $3.2M9 | $17.8M3 | -$22.6M3 | -$20.9M3 | -$25.3M3 |
| Shares outstanding | 77.0M shares6 | 77.0M shares7 | 95.1M shares8 | 96.8M shares10 | 46.0M shares9 | 46.0M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $92.0K6 | -$3.4M7 | -$13.6M8 | -$17.5M9 | -$14.7M3 | -$5.7M3 | $2.4M3 | |
| Capital spending | $25.0K6 | $1.2M7 | $32.0K8 | $127.0K9 | $985.0K3 | $318.0K3 | $03 | |
| Free cash flow | $67.0K | -$4.6M | -$13.6M | -$17.6M | -$15.7M | -$6.0M | $2.4M | |
| Cash from investing | -$12.7M9 | $8.7M3 | $1.1M3 | $942.0K3 | ||||
| Cash from financing | $37.9M9 | $9.7M3 | $14.8M3 | -$21.5M3 |
Corporate structure
Theratechnologies Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Theratechnologies Inc.
- Nantahala Capital Management, LLC Filed SCHEDULE 13G/A on Theratechnologies Inc., latest Nov 14, 2025 (3 filings since Feb 14, 2024)
- SUMMER ROAD LLC Filed SCHEDULE 13G on Theratechnologies Inc., latest Sep 29, 2025
- Morgan Stanley Filed SCHEDULE 13G/A on Theratechnologies Inc., latest Aug 5, 2025 (4 filings since Feb 11, 2022)
- Orin Hirschman Filed SCHEDULE 13G/A on Theratechnologies Inc., latest Jul 29, 2025 (4 filings since Nov 29, 2023)
- Soleus Capital Master Fund, L.P. Filed SCHEDULE 13D/A on Theratechnologies Inc., latest Apr 11, 2025 (5 filings since Feb 10, 2022)
- Quebec Investissement Filed SC 13D on Theratechnologies Inc., latest Nov 13, 2023
- STEWARDSHIP PARTNERS INVESTMENT COUNSEL, INC. Filed SC 13G/A on Theratechnologies Inc., latest Feb 10, 2022
- Theratechnologies Inc. Montreal, Quebec, Canada
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Theratechnologies Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $222.0K3 Nov 30, 2024 | $1.2M3 Nov 30, 2023 | −81.6% |
| Operating-lease assets (leased space) | $1.0M3 Nov 30, 2024 | $770.0K3 Nov 30, 2023 | +34.5% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $15.9M3 Nov 30, 2024 | $34.1M3 Nov 30, 2023 | −53.4% |
Intangibles and goodwill
Filings
155 filings to the SEC since October 2021: 4 annual reports, 19 large holders, 132 other. The latest 20:
- Nov 28, 2025EFFECT EDGAR
- Nov 26, 202515-12G EDGAR
- Nov 26, 2025POS AM EDGAR
- Nov 14, 2025SCHEDULE 13G/A EDGAR
- Sep 29, 2025SCHEDULE 13G EDGAR
- Sep 25, 20256-K EDGAR
- Sep 17, 20256-K EDGAR
- Sep 12, 20256-K EDGAR
- Sep 12, 20256-K EDGAR
- Sep 5, 20256-K EDGAR
- Sep 2, 20256-K EDGAR
- Aug 18, 20256-K EDGAR
- Aug 18, 20256-K EDGAR
- Aug 5, 2025SCHEDULE 13G/A EDGAR
- Jul 29, 2025SCHEDULE 13G/A EDGAR
- Jul 18, 20256-K EDGAR
- Jul 10, 20256-K EDGAR
- Jul 9, 20256-K EDGAR
- Jul 9, 20256-K EDGAR
- Jul 9, 20256-K EDGAR
The 155 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Nantahala Capital Management, LLCSCHEDULE 13G/A, 3 filings Feb 14, 2024 to Nov 14, 202511
- SUMMER ROAD LLCSCHEDULE 13G, 1 filing Sep 29, 202512
- Morgan StanleySCHEDULE 13G/A, 4 filings Feb 11, 2022 to Aug 5, 202513
- Orin HirschmanSCHEDULE 13G/A, 4 filings Nov 29, 2023 to Jul 29, 202514
- Soleus Capital Master Fund, L.P.SCHEDULE 13D/A, 5 filings Feb 10, 2022 to Apr 11, 202515
- Quebec InvestissementSC 13D, 1 filing Nov 13, 202316
- STEWARDSHIP PARTNERS INVESTMENT COUNSEL, INC.SC 13G/A, 1 filing Feb 10, 202217
SEC filer profile
How Theratechnologies Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARTheratechnologies Inc.1
- CIK0001512717
- Filer statusNon-accelerated filer an emerging growth company; not a shell company5
- Incorporated inQuebec5
- Fiscal year endsNovember 301
- Industry code (SIC)2834 Pharmaceutical Preparations1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business address2015 Peel Street, 11Th Floor, Montreal, Quebec, Canada1
- Phone1 438-858-39671
- Shares outstanding45,980,019 shares as of Nov 30, 20245
- AuditorKPMG LLP, Montreal, Quebec, Canada PCAOB ID 85; no auditor attestation of internal control over financial reporting5
- On EDGAR sinceFeb 22, 20111
- Filings284 in all: 6-K (191), SC 13G/A (18), SC 13G (8), 40-F (6), CORRESP (6), F-X (6), SCHEDULE 13G/A (6), UPLOAD (5)1
All 31 form types
20-F (4), SUPPL (4), EFFECT (3), F-10 (3), 40-F/A (2), 40FR12B (2), CT ORDER (2), F-10/A (2), SC 13D (2), 15-12B (1), 15-12G (1), 20-F/A (1), 25 (1), 25-NSE (1), 6-K/A (1), CERT (1), CERTNAS (1), F-3 (1), F-3/A (1), POS AM (1), RW (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (20-F) Feb 26, 2025
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Shares, no par value | THTX | NASDAQ |
From the cover page of the 20-F filed Feb 26, 2025 (Section 12(b) of the Exchange Act).5
Sources
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