Theratechnologies Inc. (THTX) Margin Analysis

Theratechnologies Inc.

THTX (NASDAQ)

(%)

Models
Theratechnologies Inc. Margin Analysis

# --- Years and Quarters
assumptions.set({
    "timeseries": "annual",
    "data": {
        "#years": """
            4
        """,
        "#quarters": """
            8
        """,
    },
    "titles": {
        "#years": "Years",
        "#quarters": "Quarters",
    },
    "properties": {
        "width": "responsive",
        "title": "Years and Quarters",
        "id": "component-1",
        "bindTo": None
    },
    "descriptions": {
        "#years": r"""
The number of historical years used to render the annual chart and tables.
        """,
        "#quarters": r"""
The number of historical quarters used to render the quarterly chart and tables.
        """,
    }
})

# Render description block
model.render_description({
    "data": r"""
## Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.
""",
    "properties": {
        "width": "responsive"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Annual Section

The annual section uses annual data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

# --- Income Statement Margins
data.compute({
    "user:%revenueGrowthRate": """
        ( income:revenue / income:revenue:-1 ) - 1
    """,
    "user:%grossMargin": """
        income:grossProfit / income:revenue
    """,
    "user:%operatingMargin": """
        income:operatingIncome / income:revenue
    """,
    "user:%netMargin": """
        income:netIncome / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

# --- Cash Flow Statement Margins
data.compute({
    "user:%cashFromOperatingActivitiesMargin": """
        flow:netCashProvidedByOperatingActivities / income:revenue
    """,
    "user:%freeCashFlowMargin": """
        flow:freeCashFlow / income:revenue
    """,
    "user:%depreciationAndAmortizationMargin": """
        flow:depreciationAndAmortization / income:revenue
    """,
    "user:%capitalExpenditureMargin": """
        flow:capitalExpenditure / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "annual",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Annual Chart",
        "include_ltm": False,
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "quarterly",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Quarterly Chart",
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

Years and Quarters

Years Years The number of historical years used to render the annual chart and tables.	#
Quarters Quarters The number of historical quarters used to render the quarterly chart and tables.	#

Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.

Annual Section

The annual section uses annual data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	LTM Mar 10	2024 Nov 30	2023 Nov 30	2022 Nov 30	2021 Nov 30
Revenue	84.38	85.87	81.76	80.06	69.82
Revenue Growth Rate	-1.73%	5.02%	2.13%	14.66%	5.71%
Cost of Revenue	18.8	20.45	19.64	26.28	23.26
Gross Profit	65.58	65.42	62.13	53.78	46.56
Gross Margin	77.72%	76.19%	75.99%	67.17%	66.69%
Operating Income	7.12	8.17	-10.63	-39.91	-25.24
Operating Margin	8.44%	9.52%	-13%	-49.85%	-36.14%
Net Income	-9.16	-8.31	-23.96	-47.24	-31.73
Net Margin	-10.85%	-9.67%	-29.3%	-59%	-45.44%

Cash Flow Statement Margins

Monetary values in USD amounts except #	LTM Mar 10	2024 Nov 30	2023 Nov 30	2022 Nov 30	2021 Nov 30
Revenue	84.38	85.87	81.76	80.06	69.82
Cash from Operating Activities	7.04	2.38	-5.68	-14.69	-14.48
Cash from Operating Activities Margin	8.34%	2.77%	-6.94%	-18.35%	-20.73%
Free Cash Flow	-3.08	0.879	-7.5	-15.68	-14.64
Free Cash Flow Margin	-3.65%	1.02%	-9.17%	-19.58%	-20.97%
Depreciation and Amortization	1.95	2.76	3.31	12.47	8.75
Depreciation and Amortization Margin	2.31%	3.21%	4.05%	15.58%	12.53%
Capital Expenditure	-10.11	-1.5	-1.82	-0.985	-0.166
Capital Expenditure Margin	-11.98%	-1.75%	-2.22%	-1.23%	-0.238%

Annual Chart

Monetary values in USD

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Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	2025 (Q2) May 31	2025 (Q1) Feb 28	2024 (Q4) Nov 30	2024 (Q3) Aug 31	2024 (Q2) May 31	2024 (Q1) Feb 29
Revenue	17.73	19.05	25	22.6	22.02	16.25
Revenue Growth Rate	-6.92%	-23.82%	10.63%	2.65%	35.51%
Cost of Revenue	4.7	3.48	6.1	4.52	4.55	5.28
Gross Profit	13.03	15.56	18.91	18.08	17.47	10.96
Gross Margin	73.5%	81.71%	75.62%	80%	79.35%	67.48%
Operating Income	-1.9	1.9	0.919	6.21	3.29	-2.25
Operating Margin	-10.74%	9.95%	3.68%	27.49%	14.93%	-13.82%
Net Income	-4.46	0.117	-7.9	3.09	0.987	-4.48
Net Margin	-25.17%	0.614%	-31.61%	13.68%	4.48%	-27.58%

Cash Flow Statement Margins

Monetary values in USD amounts except #	2025 (Q2) May 31	2025 (Q1) Feb 28	2024 (Q4) Nov 30	2024 (Q3) Aug 31	2024 (Q2) May 31	2024 (Q1) Feb 29
Revenue	17.73	19.05	25	22.6	22.02	16.25
Cash from Operating Activities	12.4	-9.74	-0.227	4.6	-0.29	-1.71
Cash from Operating Activities Margin	69.96%	-51.16%	-0.908%	20.37%	-1.32%	-10.51%
Free Cash Flow	12.39	-19.85	-0.227	4.6	-1.79	-1.71
Free Cash Flow Margin	69.91%	-104.2%	-0.908%	20.37%	-8.13%	-10.51%
Depreciation and Amortization	0.473	0.491	0.493	0.489	1.26	0.517
Depreciation and Amortization Margin	2.67%	2.58%	1.97%	2.16%	5.73%	3.18%
Capital Expenditure	-0.008	-10.1	0	0	-1.5	0
Capital Expenditure Margin	-0.045%	-53.05%	0%	0%	-6.81%	0%

Quarterly Chart

Monetary values in USD

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