← Travere Therapeutics, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | ($331.5m) | ($376.3m) | ($320.6m) | ($50.3m) | ($67.7m) | |
| Net Income (Loss) Attributable to Parent | ($47.9m) |
($59.7m)
-24.69%
|
($102.7m)
-71.90%
|
($146.4m)
-42.61%
|
($169.4m)
-15.71%
|
($180.1m)
-6.29%
|
($278.5m)
-54.63%
|
($111.4m)
+60.00%
|
($321.5m)
-188.64%
|
($25.5m)
+92.06%
|
— | |
| Depreciation, Depletion and Amortization | $16.1m | $17.8m | $18.7m | $20.4m | $24.6m | $26.6m | $33.1m | $38.5m | $43.6m | $60.7m | $63.4m | |
| Depreciation | $16.1m | $500k | $600k | $700k | $2.1m | $1.7m | $2.1m | $2.2m | $1.8m | $1.5m | $63.4m | |
| Amortization of Debt Issuance Costs | $0 | $656k | $3.4m | $9.9m | $10.5m | $11.2m | $1.6m | $1.7m | $1.7m | $1.6m | — | |
| Amortization of Intangible Assets | $16.0m | $17.3m | $18.0m | $19.7m | $22.4m | $24.9m | $31.0m | $36.3m | $41.7m | $59.2m | — | |
| Amortization Of Securities | — | — | — | — | — | — | ($700k) | ($7.5m) | ($4.5m) | ($4.4m) | ($4.4m) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $20.7m | $38.5m | $43.6m | $60.7m | $63.4m | |
| Deferred Income Tax Expense (Benefit) | ($22.7m) | ($6.4m) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Share-based Payment Arrangement, Noncash Expense | $29.1m | $26.9m | $19.8m | $21.1m | $23.6m | $30.8m | $39.2m | $44.2m | $36.9m | $44.9m | $60.7m | |
| Share-based Payment Arrangement, Expense | $29.1m | $26.9m | $19.8m | $21.1m | $23.6m | $30.8m | $39.2m | $44.2m | $36.9m | $44.9m | $60.7m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | $0 | $0 | $0 | — | $0 | $0 | $0 | $0 | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | — | $25.5m | $0 | $0 | — | — | $0 | $0 | — | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | $8k | — | — | — | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | $632k | ($4.6m) | ($21.8m) | ($9.1m) | ($12.6m) | ($17.9m) | ($11.6m) | $12.0m | $3.3m | $13.6m | — | |
| Other Nonoperating Income (Expense) | ($264k) | $1.1m | ($474k) | ($314k) | $1.4m | $231k | $974k | $1.6m | ($3.3m) | $11.6m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $875k | ($25.5m) | ($63.0m) | ($14.0m) | ($1.3m) | |
| Increase (Decrease) in Accounts Receivable | $6.1m | ($4.9m) | ($152k) | $5.2m | ($2.3m) | $59k | $682k | $11.3m | $6.0m | $27.8m | ($16.1m) | |
| Change In Receivables | — | — | — | — | — | — | ($1.4m) | ($11.3m) | ($6.0m) | ($27.0m) | ($16.1m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($1.1m) | ($11.3m) | ($6.0m) | ($27.8m) | ($16.1m) | |
| Increase (Decrease) in Inventories | $306k | $1.7m | $2.8m | $2.0m | $5.1m | $1.8m | $2.1m | $39.4m | $3.8m | ($5.0m) | ($2.1m) | |
| Inventory Write-down | — | — | — | — | — | $2.1m | $2.5m | $3.0m | $2.8m | $684k | — | |
| Change In Inventory | — | — | — | — | — | — | ($1.2m) | ($39.4m) | ($3.8m) | $5.0m | ($2.1m) | |
| Increase (Decrease) in Accounts Payable | — | — | ($2.7m) | $9.3m | ($6.0m) | $2.8m | $2.3m | — | — | — | ($12.1m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $24.2m | $47.1m | ($48.6m) | $28.8m | ($12.1m) | |
| Change In Accrued Expense | — | — | — | — | — | — | $22.2m | $22.3m | ($31.1m) | $28.8m | $46.2m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($1.6m) | ($418k) | $5.6m | ($9.7m) | ($6.3m) | |
| Net Cash Provided by (Used in) Operating Activities | ($3.4m) |
$7.4m
+315.14%
|
($25.0m)
-437.13%
|
($58.2m)
-133.25%
|
($42.7m)
+26.58%
|
($14.8m)
+65.39%
|
($186.3m)
-1159.40%
|
($280.0m)
-50.31%
|
($237.5m)
+15.19%
|
$37.8m
+115.91%
|
$92.7m
+145.34%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.4m | $887k | $727k | $195k | $6.8m | $5.1m | $191k | $668k | ($101.2m) | ($58.2m) | ($77.5m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($62k) | — | — | — | — | — | — | — | — | — | — | |
| Debt Securities, Realized Gain (Loss) | — | — | $0 | — | — | — | — | — | — | — | — | |
| Payments to Acquire Investments | $0 | — | — | — | — | — | — | — | — | — | ($399.4m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $500k | $0 | $0 | — | $95.3m | $0 | $0 | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | $600k | $0 | $40k | $404k | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($791k) | ($668k) | ($40k) | ($404k) | ($404k) | |
| Net Cash Provided by (Used in) Investing Activities | $10.4m | $45.6m | ($203.3m) | $19.9m | ($61.3m) | ($137.6m) | ($32.6m) | $55.8m | $99.3m | $27.9m | ($203.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | $40.2m | $0 | $0 | — | — | — | — | — | ($419.8m) | |
| Gain (Loss) on Extinguishment of Debt | $0 | $0 | ($17.0m) | $0 | $0 | — | ($7.6m) | $0 | $0 | — | — | |
| Issuance Of Debt | — | — | — | — | — | $0 | $316.2m | $0 | $0 | — | — | |
| Long Term Debt Issuance | — | — | — | — | — | $0 | $316.2m | $0 | $0 | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($211.3m) | $0 | $0 | ($68.9m) | ($419.8m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $104.9m | $0 | $0 | ($68.9m) | $105.2m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $104.9m | $0 | $0 | ($68.9m) | $105.2m | |
| Repayment Of Debt | — | — | — | — | — | — | ($211.3m) | $0 | $0 | ($68.9m) | ($419.8m) | |
| Payments for Repurchase of Common Stock | $0 | — | — | — | — | — | — | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $0 | $0 | $0 | $0 | $131.5m | $189.3m | $20.1m | $191.2m | $134.7m | $0 | $0 | |
| Common Stock Issuance | — | — | — | — | — | — | $19.5m | $191.2m | $134.7m | $0 | $0 | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $19.5m | $191.2m | $134.7m | $0 | $0 | |
| Proceeds from (Payments for) Other Financing Activities | — | $664k | $1.7m | $1.8m | $2.0m | — | — | — | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($12.0m) | ($2.1m) | ($2.1m) | ($2.1m) | ($18.4m) | |
| Net Cash Provided by (Used in) Financing Activities | ($5.7m) |
$5.4m
+195.63%
|
$231.9m
+4158.27%
|
($2.1m)
-100.90%
|
$127.7m
+6248.92%
|
$231.7m
+81.41%
|
$117.6m
-49.25%
|
$218.8m
+86.06%
|
$139.4m
-36.26%
|
($33.5m)
-124.00%
|
$153.1m
+557.35%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $117k | ($58k) | ($135k) | ($40.4m) | $22.3m | $81.0m | ($104.1m) | ($3.5m) | $359k | $34.5m | $117.9m | |
| Beginning Cash Position | — | — | — | — | — | — | $165.8m | $61.7m | $58.2m | $58.5m | $75.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $62.4m | $84.8m | $165.8m | $61.7m | $58.2m | $58.5m | $93.0m | $117.9m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $117k | ($58k) | ($135k) | ($9k) | ($1.3m) | $1.7m | ($2.8m) | $2.0m | ($913k) | $2.3m | ($194k) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($2.8m) | $2.0m | ($913k) | $2.3m | ($194k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $4.0m | $8.1m | $10.6m | $1.6m | $3.9m | $12.8m | $4.6m | $3.2m | $4.5m | $34.7m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $2.1m | $2.1m | $1.9m | $7.7m | $6.9m | $7.3m | $10.2m | $8.8m | $8.8m | $8.8m | — | |
| Income Taxes Paid, Net | — | — | — | — | ($3.4m) | ($16.4m) | $996k | $578k | $453k | — | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | $0 | $1.1m | ($464k) | ($112k) | $934k | — | — | — | ($700k) | ($300k) | — | |
| Foreign Currency Transaction Gain (Loss), Realized | $93k | ($339k) | $39k | — | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Goodwill | $936k | $936k | $936k | $936k | $936k | $900k | $900k | $800k | $800k | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $37.2m | $53.0m | ($376.3m) | ($320.6m) | ($50.3m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $37.2m | $53.0m | $264.9m | ($915k) | $24.7m | — | |
| Income Tax Expense (Benefit) | ($9.7m) | $1.4m | $811k | ($21k) | ($19.4m) | $409k | $313k | $223k | $120k | $988k | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $11.2m | $10.7m | — | |
| Investment Income, Interest | — | — | — | $10.1m | $5.0m | $2.0m | $6.3m | $21.8m | $17.8m | $12.7m | — | |
| Operating Expenses | $191.8m | $208.7m | $244.3m | — | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $2.7m | $2.0m | $4.9m | $5.0m | $4.9m | $4.8m | $4.4m | — | |
| Restructuring Costs | — | — | — | — | — | — | — | $11.4m | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $120.1m | $220.1m | $139.4m | ($33.5m) | $153.1m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($32.6m) | ($151.6m) | $99.3m | $27.9m | ($203.0m) | |
| Cash From Discontinued Financing Activities | — | — | — | — | — | — | ($2.5m) |
($1.4m)
+44.25%
|
$0
+100.00%
|
$0 | $0 | |
| Cash From Discontinued Investing Activities | — | — | — | — | — | — | $0 | $207.4m | $0 | $0 | $0 | |
| Change In Account Payable | — | — | — | — | — | — | $2.1m | $24.8m | ($17.6m) | ($85k) | ($12.1m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($104.1m) | ($3.5m) | $359k | $34.5m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($13.9m) | ($16.8m) | ($7.1m) | ($3.4m) | ($6.2m) | |
| Change In Payable | — | — | — | — | — | — | $2.1m | $24.8m | ($17.6m) | ($85k) | ($12.1m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($5.2m) | ($4.7m) | ($3.2m) | ($7.7m) | ($10.3m) | |
| Changes In Cash | — | — | — | — | — | — | ($101.3m) | ($5.5m) | $1.3m | $32.2m | $42.8m | |
| End Cash Position | — | — | — | — | — | — | $61.7m | $58.2m | $58.5m | $93.0m | $117.9m | |
| Financing Cash Flow | — | — | — | — | — | — | $117.6m |
$218.8m
+86.06%
|
$139.4m
-36.26%
|
($33.5m)
-124.00%
|
$153.1m
+557.35%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($214.7m) | ($321.6m) | ($338.7m) | ($20.4m) | $15.2m | |
| Investing Cash Flow | — | — | — | — | — | — | ($32.6m) | $55.8m | $99.3m | $27.9m | ($203.0m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($28.4m) | ($41.6m) | ($101.2m) | ($58.2m) | ($77.5m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($3.4m) | ($109.4m) | $200.6m | $86.5m | ($125.2m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($5.1m) | ($191k) | ($668k) | — | — | ($107k) | |
| Other Non Cash Items | — | — | — | — | — | — | $3.0m | ($1.9m) | $74.9m | $183k | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $7.6m | $31.0m | $6.8m | $37.5m | $66.2m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $1.0m | $3.0m | $2.8m | $684k | $684k | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($28.4m) | ($41.6m) | ($101.2m) | ($58.2m) | ($77.5m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($385.4m) | ($443.9m) | ($125.8m) | ($237.1m) | ($399.4m) | |
| Purchase Of PPE | — | — | — | — | — | ($5.1m) | ($191k) | ($668k) | — | — | ($77.5m) | |
| Sale Of Investment | — | — | — | — | — | — | $382.0m | $334.6m | $326.3m | $323.6m | $274.2m | |
| Stock Based Compensation | — | — | — | — | — | — | $38.1m | $44.2m | $36.9m | $44.9m | $60.7m |