Travere Therapeutics Inc

Travere Therapeutics Inc

TVTX · NASDAQ · Healthcare / Biotechnology

50.65USD-0.91 (-1.76%)

Price History

Full chart

Market Stats

Previous Close51.56
Open51.08
Day Range49.20 – 51.54
52-Week Range22.59 – 68.73
Volume696.21K
Market Cap5.53B
P/E (TTM)0.00
Forward P/E39.84
EPS-0.73
Dividend Yield0.00%
Beta1.06
50-Day Avg61.92
200-Day Avg44.27

About

Travere Therapeutics, Inc., a biopharmaceutical company, identifies, develops, and delivers therapies to people living with rare kidney and metabolic diseases in the United States. The company's products include FILSPARI (sparsentan), a once-daily, oral medication designed to target two critical pathways in the disease progression of IgA Nephropathy (endothelin 1 and angiotensin-II); and Thiola and Thiola EC (tiopronin tablets) for the treatment of cystinuria, a rare genetic cystine transport disorder that causes high cystine levels in the urine and the formation of recurring kidney stones. Its clinical-stage programs consist of Sparsentan, a novel investigational product candidate, which has been granted Orphan Drug Designation for the treatment of focal segmental glomerulosclerosis in the U.S. and Europe; and Pegtibatinase, a novel investigational human enzyme replacement candidate being evaluated for the treatment of classical homocystinuria. It has a collaboration agreement with PharmaKrysto Limited for the pre-clinical activities associated with the cystinuria program. Travere Therapeutics, Inc. was formerly known as Retrophin, Inc. and changed its name to Travere Therapeutics, Inc. in November 2020. The company is headquartered in San Diego, California.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. Eric M. Dube Ph.D.
  • Employees497
  • Headquarters3611 Valley Centre Drive, San Diego, CA, United States, 92130, USA
  • Websitehttps://travere.com

Leadership

  • Dr. Eric M. Dube Ph.D.President, CEO & Director · b. 1973
  • Mr. Christopher Cline C.F.A.Chief Financial Officer · b. 1985
  • Dr. William E. Rote Ph.D.Chief Research Officer · b. 1963
  • Mr. Peter HeermaChief Commercial Officer · b. 1971
  • Dr. Jula Inrig M.D.Executive VP, Head of Research & Development and Chief Medical Officer · b. 1975
  • Ms. Sandra CalvinSVP & Chief Accounting Officer · b. 1966
  • Ms. Nivi NehraVice President of Corporate Communications & Investor Relations
  • Ms. Elizabeth E. Reed J.D.Chief Legal Officer, General Counsel & Secretary · b. 1971
  • Ms. Angela GiannantonioChief People Officer
  • Mr. Casey LoganChief Business Officer

Financials

Income Statement

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue----28.20M99.89M133.59M154.94M164.25M175.34M198.32M131.84M109.46M145.24M233.18M490.73M
Growth (%)-----+254.19%+33.74%+15.98%+6.01%+6.75%+13.11%-33.52%-16.97%+32.69%+60.55%+110.45%
Cost of Revenue----570.98K2.19M4.55M3.60M5.53M5.23M6.13M3.82M4.42M11.45M7.74M10.34M
Gross Profit----27.63M97.71M129.04M151.33M158.72M170.10M192.19M128.02M105.04M133.79M225.43M480.39M
Gross Margin----97.98%97.81%96.59%97.67%96.63%97.01%96.91%97.10%95.96%92.12%96.68%97.89%
Operating Expense----107.44M148.46M187.25M205.12M238.76M269.91M368.36M327.44M424.85M521.93M549.26M543.21M
Operating Income-18.27K-12.82K-30.24M-23.97M-79.81M-50.75M-58.21M-53.79M-80.04M-99.81M-176.16M-199.43M-319.81M-388.14M-323.83M-62.82M
Operating Margin-----282.97%-50.80%-43.58%-34.72%-48.73%-56.92%-88.83%-151.27%-292.17%-267.24%-138.88%-12.80%
EBITDA-18.27K-12.82K-30.11M-14.03M-74.11M129.46M-38.79M-38.67M-73.39M-107.21M-145.16M-184.46M-299.42M-326.25M-265.77M22.22M
EBITDA Margin-----262.76%129.60%-29.03%-24.96%-44.68%-61.15%-73.19%-139.91%-273.54%-224.63%-113.98%4.53%
Net Income-18.27K-14.82K-30.34M-33.82M-110.94M117.24M-47.90M-59.73M-102.68M-146.43M-169.43M-180.09M-278.48M-111.40M-321.55M-25.55M
Net Income Margin-----393.35%117.36%-35.86%-38.55%-62.51%-83.51%-85.43%-136.60%-254.41%-76.70%-137.90%-5.21%
R&D--662.50K7.08M47.80M50.43M70.85M78.17M123.76M140.96M131.77M201.16M227.33M244.99M282.70M206.01M
R&D as % of Total Revenue----169.47%50.48%53.04%50.45%75.35%80.40%66.44%152.58%207.69%168.68%121.24%41.98%
Interest Expense10.33K2.00K105.92K19.50M55.02M19.50M4.73M4.42M9.81M18.83M19.05M19.68M11.01M11.33M11.18M10.75M
Interest Expense % of Total Revenue----195.10%19.53%3.54%2.85%5.97%10.74%9.61%14.93%10.06%7.80%4.80%2.19%

Balance Sheet

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets3.96K3.91K2.39M20.50M135.47M512.40M525.28M520.35M709.16M604.80M607.44M776.63M672.59M788.91M594.13M605.19M
Total Liabilities64.21K66.99K5.80M38.81M172.72M212.43M217.51M227.21M390.91M383.60M396.23M474.52M629.73M588.10M535.05M490.36M
Total Equity-60.26K-63.08K-3.41M-18.31M-37.25M299.97M307.77M293.13M318.25M221.20M211.21M302.11M42.85M200.81M59.08M114.83M
Cash3.96K3.91K11.39K6.00M18.20M37.80M41.00M99.39M102.87M62.44M84.77M165.75M61.69M58.18M58.53M93.03M
Total Debt25.00K25.00K884.76K884.76K83.77M43.90M44.42M45.08M217.55M214.87M215.70M261.99M407.49M404.78M401.58M328.73M
Net Debt21.04K21.09K873.38K-6.00M65.57M6.10M3.42M-54.32M114.67M152.43M130.57M96.23M345.80M346.61M343.05M235.70M

Cash Flow

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-689-49-2.74M-17.59M-45.85M-554.00K-1.60M7.40M-24.96M-58.21M-42.74M-14.79M-186.29M-280.02M-237.47M37.78M
Investing Cash Flow---1.70M--37.26M-80.60M10.37M45.60M-203.29M19.86M-61.33M-137.62M-32.55M55.78M99.33M27.89M
Financing Cash Flow25.00K-4.44M28.98M95.32M100.77M-5.69M5.45M231.86M-2.08M127.71M231.68M117.57M218.75M139.42M-33.47M
Capital Expenditure001.19M5.55M3.96M7.03M11.92M14.01M19.70M15.56M119.84M24.15M28.37M41.59M101.21M58.16M
Free Cash Flow-689-49-3.93M-23.14M-49.81M-7.58M-13.52M-6.61M-44.66M-73.78M-162.59M-38.94M-214.66M-321.61M-338.69M-20.37M
Dividends Paid----93.69M-----------
FCF to OCF100.00%100.00%143.59%131.55%108.65%1368.95%847.12%-89.23%178.94%126.74%380.39%263.27%115.23%114.85%142.62%-53.92%
Dividend Paid to FCF-----188.08%-----------

Earnings

Report DateMay 31, 2008Aug 31, 2008Nov 30, 2008Feb 28, 2009May 31, 2009Aug 31, 2009Nov 30, 2009Feb 28, 2010May 31, 2010Aug 31, 2010Nov 30, 2010Feb 28, 2011May 31, 2011Aug 31, 2011Nov 30, 2011Dec 31, 2012May 29, 2013Aug 28, 2013Nov 13, 2013Mar 27, 2014May 14, 2014Aug 12, 2014Nov 13, 2014Mar 5, 2015May 11, 2015Aug 4, 2015Nov 3, 2015Feb 25, 2016May 3, 2016Aug 4, 2016Nov 3, 2016Mar 1, 2017May 4, 2017Aug 9, 2017Nov 7, 2017Feb 27, 2018May 1, 2018Jul 26, 2018Nov 1, 2018Feb 26, 2019May 7, 2019Aug 6, 2019Oct 30, 2019Feb 24, 2020May 11, 2020Jul 30, 2020Nov 5, 2020Mar 1, 2021May 6, 2021Jul 29, 2021Oct 28, 2021Feb 24, 2022May 5, 2022Aug 4, 2022Oct 27, 2022Feb 23, 2023May 4, 2023Aug 3, 2023Nov 7, 2023Feb 15, 2024May 6, 2024Aug 1, 2024Oct 31, 2024Feb 13, 2025May 1, 2025Aug 6, 2025Oct 30, 2025Feb 19, 2026May 4, 2026Aug 4, 2026Oct 29, 2026
EPS Estimate-------------------0.18-0.30-0.44---0.51-0.180.021.39-0.210.060.040.06-0.26-0.260.03-0.04-0.19-0.36-0.11-0.26-0.48-0.36-0.40-0.60-0.37-0.52-0.36-0.29-0.47-0.30-0.50-0.48-0.50-0.73-0.70-0.70-1.07-1.03-0.930.04-0.92-0.79-0.72-0.54-0.38-0.390.04-0.08-0.04-0.06-0.140.05
EPS Actual-0.03-0.03-0.04-0.07-0.07-0.06-0.06-0.07-0.06-0.06-0.05-0.04-0.03-0.03-0.00-8.28-0.44-0.41-0.71-0.76-0.73-0.90-0.89-1.10-0.040.40-0.04-0.070.140.07-0.09-0.230.010.030.15-0.45-0.14-0.25-0.68-0.18-0.63-0.58-0.66-0.26-0.20-0.22-0.11-0.48-0.55-0.39-0.13-0.61-0.82-0.65-0.76-1.03-0.82-0.772.27-0.94-1.51-0.65-0.46-0.47-0.190.130.590.370.05-0.37-
Surprise-------------------294.44%-153.33%-65.91%---116.25%77.78%1900.00%-102.88%66.67%133.33%75.00%-250.00%11.54%103.85%0.00%475.00%-136.84%61.11%-127.27%-161.54%62.50%-75.00%-45.00%-10.00%29.73%61.54%38.89%62.07%-2.13%-83.33%22.00%72.92%-22.00%-12.33%7.14%-8.57%3.74%20.39%17.20%5575.00%-2.17%-91.14%9.72%14.81%-24.14%51.28%225.00%837.50%1025.00%183.33%-164.29%-
Timing------------------Pre-market-Pre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap5.53B
Enterprise Value5.77B
Trailing P/E0.00
Forward P/E39.84
Price / Sales9.35
Price / Book229.91
EPS-0.73
Book Value0.26
Revenue (TTM)591.33M
Gross Profit (TTM)350.12M
EBITDA22.91M
Profit Margin-7.35%
Operating Margin2.33%
Return on Equity-236.36%
Return on Assets-3.73%
Shares Outstanding92.99M
Shares Float93.22M
Beta1.06
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 15 analystsTarget 75.21
  • Strong Buy
    11
  • Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
115.01%
Insiders
0.69%
Retail / Other
0.00%

Top Institutional Holders

  • HHG PLC
    11.42M12.11%
  • FMR Inc
    10.97M11.64%
  • BlackRock Inc
    7.79M8.27%
  • State Street Corp
    4.96M5.26%
  • Armistice Capital, LLC
    4.90M5.20%
  • Vanguard Capital Management, LLC
    4.05M4.29%
  • Perceptive Advisors LLC
    3.75M3.98%
  • Delaware Management Holdings Inc
    3.27M3.47%
  • Adage Capital Partners Gp LLC
    2.57M2.73%
  • Geode Capital Management, LLC
    2.37M2.51%
  • Rock Springs Capital Management LP
    2.18M2.31%
  • Kynam Capital Management, LP
    2.00M2.12%
  • Renaissance Technologies Corp
    1.97M2.09%
  • Stephens Inv Mgmt Group LLC
    1.88M1.99%
  • The Goldman Sachs Group Inc
    1.72M1.82%
  • Vanguard Portfolio Management, LLC
    1.71M1.81%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    2.95M3.13%
  • iShares Russell 2000 ETF
    2.28M2.42%
  • State Street® SPDR® S&P® Biotech ETF
    2.24M2.38%
  • Nomura Small Cap Core I
    1.78M1.89%

Stock Splits

  • Nov 2, 20121:9
  • Jul 2, 20091:100