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HLS Therapeutics Inc. (HLS.TO)

CAD4.25 +0.11 (+2.54%)
CA TSX Healthcare Drug Manufacturers - Specialty & Generic
Address 10 Carlson Court M9W 6L2
Etobicoke, ON, CA
CEO Craig Stuart Millian
IPO 2018-03-14
ISIN CA40390B1094

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Also trades on Other OTC · HLTRF (USD) Toronto Stock Exchange · HLS.TO (CAD)
Description

HLS Therapeutics Inc. operates as a specialized pharmaceutical firm, concentrating on the acquisition and commercialization of medicinal products, primarily within the niche central nervous system (CNS) and cardiovascular (CV) sectors. Its reach extends across Canada, the United States, and international markets. The company's core product lineup includes Clozaril, an atypical antipsychotic used in the treatment of schizophrenia; Vascepa, an icosapent ethyl capsule formulation; and PERSERIS, an injectable risperidone product for treating schizophrenia. Additionally, HLS offers MyCare psychiatry laboratory assays and MyCare Insite tests for point-of-care therapeutic drug-level monitoring. Furthermore, the company possesses U.S. marketing privileges for Absorica, a commercial-stage dermatology solution, and Canadian rights for Trinomia, a cardiovascular therapeutic. It also manages a portfolio of royalty interests from four distinct healthcare products. Founded in 2018, HLS Therapeutics Inc. is based in Etobicoke, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD4.25 +0.11 (+2.54%)
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Volume Profile
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Liquidity & share structure
Average Volume
34.8K
Beta
0.86
Float Shares
31.06M
Free Float %
99.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.71% -1.50% -1.29% +2.00% -6.33% -4.77% -3.97% +0.66% -73.24% -60.09% -60.09%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Hold
Price Targets & DCF
Current price
4.25
DCF (Unlevered) 5.66 +33.2%
DCF (Levered) 3.82 -9.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 1 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-1.02
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Drug Manufacturers - Specialty & Generic: +6.8%
    -0.3% Q1'26: +0.2% (vs Q1'25)
  • EPS growth Drug Manufacturers - Specialty & Generic: +16.5%
    +35.5% Q1'26: +48.8% (vs Q1'25)
  • FCF margin FCF growth · Drug Manufacturers - Specialty & Generic: +32.3%
    +28.1% Q1'26: +49.5% (vs Q1'25)
  • EBIT margin Drug Manufacturers - Specialty & Generic: +13.0%
    -7.4% Q1'26: -17.2% (vs Q1'25)
  • ROIC Drug Manufacturers - Specialty & Generic: +6.5%
    -4.2% Q1'26: -9.7% (vs Q1'25)
  • Share dilution Drug Manufacturers - Specialty & Generic: +0.0%
    -1.0% Q1'26: -1.6% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Drug Manufacturers - Specialty & Generic: -0.10×
    2.76× Q1'26: 3.36× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.84) × ERP
WACC = 68% × Ke + 32% × Kd (14.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 5.66 Current price: 4.25
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
1 EPS Ana.
Dec 2027
2 Rev. Ana.
1 EPS Ana.
Dec 2028
2 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
75.08M
est: 72.14M (+4.1%)
61.42M
est: 60.23M (+2.0%)
54.16M
est: 52.59M (+3.0%)
56.11M
est: 55.26M (+1.5%)
60.01M
est: 60.14M (-0.2%)
61.47M
est: 63.51M (-3.2%)
63.07M
est: 43.07M (+46.4%)
56.62M
est: 56.76M (-0.2%)
56.47M
est: 55.11M (+2.5%)
57.27M
56.94M – 57.83M
+3.9% YoY
64.16M
61.99M – 66.32M
+12.0% YoY
76.12M
74.55M – 77.82M
+18.6% YoY
82.76M
81.06M – 84.61M
+8.7% YoY
92.89M
90.99M – 94.98M
+12.2% YoY
EBITDA
55.52M
est: 23.63M (+134.9%)
20.70M
est: 19.73M (+4.9%)
19.75M
est: 17.23M (+14.6%)
23.19M
est: 18.10M (+28.1%)
25.41M
est: 19.70M (+29.0%)
18.00M
est: 20.81M (-13.5%)
12.88M
est: 13.30M (-3.1%)
17.22M
est: 17.52M (-1.7%)
18.02M
est: 17.01M (+5.9%)
17.68M
17.58M – 17.85M
+3.9% YoY
19.81M
19.14M – 20.48M
+12.0% YoY
23.50M
23.02M – 24.03M
+18.6% YoY
25.55M
25.03M – 26.12M
+8.7% YoY
28.68M
28.09M – 29.32M
+12.2% YoY
EBIT
22.21M
est: -13.35M (+266.4%)
7.64M
est: -11.14M (+168.6%)
-12.76M
est: -9.73M (-31.2%)
-9.99M
est: -10.22M (+2.3%)
-4.85M
est: -11.13M (+56.4%)
-16.41M
est: -11.75M (-39.6%)
-19.06M
est: -7.07M (-169.4%)
-5.50M
est: -9.32M (+41.0%)
-4.18M
est: -9.05M (+53.8%)
-9.40M
-9.50M – -9.35M
-3.9% YoY
-10.53M
-10.89M – -10.18M
-12.0% YoY
-12.50M
-12.78M – -12.24M
-18.6% YoY
-13.59M
-13.89M – -13.31M
-8.7% YoY
-15.25M
-15.59M – -14.94M
-12.2% YoY
Net Income
-6.10M
est: -9.72M (+37.3%)
-24.81M
est: -29.06M (+14.6%)
-19.55M
est: -10.62M (-84.1%)
-15.33M
est: -11.44M (-34.0%)
-13.12M
est: -11.90M (-10.3%)
-23.60M
est: -20.45M (-15.4%)
-27.53M
est: -17.62M (-56.2%)
-19.66M
est: -19.25M (-2.1%)
-12.65M
est: -12.29M (-2.9%)
-10.25M
-10.54M – -9.96M
+16.6% YoY
-2.48M
-2.55M – -2.42M
+75.8% YoY
2.17M
2.11M – 2.23M
+187.7% YoY
7.45M
7.25M – 7.66M
+242.4% YoY
11.48M
11.17M – 11.81M
+54.2% YoY
SGA
15.43M
est: 37.46M (-58.8%)
18.79M
est: 31.28M (-39.9%)
24.35M
est: 27.31M (-10.9%)
31.39M
est: 28.69M (+9.4%)
32.06M
est: 31.23M (+2.6%)
35.58M
est: 32.98M (+7.9%)
28.29M
est: 20.91M (+35.3%)
26.93M
est: 27.55M (-2.2%)
22.00M
est: 26.75M (-17.7%)
27.80M
27.64M – 28.07M
+3.9% YoY
31.14M
30.09M – 32.19M
+12.0% YoY
36.94M
36.18M – 37.77M
+18.6% YoY
40.17M
39.34M – 41.07M
+8.7% YoY
45.08M
44.16M – 46.10M
+12.2% YoY
EPS
-0.24
est: -0.31 (+21.4%)
-0.92
est: -0.91 (-0.8%)
-0.67
est: -0.33 (-100.9%)
-0.48
est: -0.36 (-33.6%)
-0.41
est: -0.37 (-9.7%)
-0.73
est: -0.64 (-13.8%)
-0.85
est: -0.55 (-54.5%)
-0.62
est: -0.61 (-1.6%)
-0.40
est: -0.39 (-2.6%)
-0.32
-0.33 – -0.32
+16.7% YoY
-0.08
-0.08 – -0.08
+75.8% YoY
0.07
0.07 – 0.07
+187.5% YoY
0.24
0.23 – 0.24
+242.9% YoY
0.36
0.35 – 0.37
+54.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-05-14 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-05-13 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-05-12 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-05-11 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-05-07 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-05-06 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-05-05 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-05-04 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-05-01 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-30 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-29 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-28 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-27 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-24 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-23 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-22 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-21 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-20 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-17 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-16 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
18.37M
OE per share TTM
0.59
Owner's Yield
12.79%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
2.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 1 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - International Small Cap ETF DFIS 0.00% 12.1K 0.39%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-45.4K
Shares Outstanding
31.27M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Craig Stuart Millian Chief Executive Officer & Director 1M male
John Hanna Chief Financial Officer & Non-Independent Director 660.1K male
Brian T. Walsh Chief Commercial Officer 616.3K male
Ryan C. Lennox Senior Vice President of Legal, HR & Compliance and Corporate Secretary 507.2K male
Jason A. Gross Vice President of Scientific Affairs 399.6K
David Spence Vice President & Corporate Controller male
Dave Mason Investor Relations Officer
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits