Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.
Price updated todayFinancials updated Oct 22, 2026
Explore stock sections · swipe left or right
TLX · Price history
Price at last available close
$9.03
−$2.59 (-22.29%) 1M
2026-10-27
Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Telix Pharmaceuticals Limited, a commercial-stage biopharmaceutical company, focuses on the development and commercialization of therapeutic and diagnostic radiopharmaceuticals. The company operates through three segments: Precision Medicine, Therapeutics, and Manufacturing Solutions. Its lead therapeutic product candidate is TLX591, a lutetium-labeled radio antibody-drug conjugate (rADC), which is in a Phase 3 clinical trial in patients with advanced prostate cancer.
How they make money
Telix Pharmaceuticals is a biopharmaceutical company that generates revenue primarily through the commercial sale of diagnostic and therapeutic radiopharmaceutical products. The company operates by developing, manufacturing, and distributing these precision medicine products to healthcare providers, while also investing in a pipeline of clinical-stage therapeutic candidates.
Products & services
Telix develops and commercializes radiopharmaceutical products for the diagnosis and treatment of cancer, including its lead diagnostic product Illuccix for prostate cancer imaging.
Brands & revenue mix
Illuccix
Telix's primary diagnostic radiopharmaceutical product for prostate cancer imaging.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
Radiopharmaceutical manufacturing and supply chain partners — The company relies on various third-party contract manufacturing organizations and supply chain partners for the production and distribution of its radiopharmaceutical products.Source
Business relationships & partnerships
Varian — A strategic collaboration to explore the combination of Telix's radiopharmaceuticals with external beam radiation therapy (EBRT).Source
Strengths
Strong revenue growth and commercial execution of precision medicine portfolioSource
Diversified business model with geographic and product expansion opportunitiesSource
Risks
Dependence on clinical trial success and regulatory approvals for pipeline candidatesSource
Operational risks associated with complex radiopharmaceutical supply chain and manufacturingSource
These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.
Total debt increased 3680.1% versus the same quarter last year.
Compare the added borrowing with available cash, cash generation and maturities. A percentage increase from a small starting balance can look large without measuring the full debt burden.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
39
Poor
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
57
Fair
Financial Strength
32
Business Quality / Moat
100
Management
71
Growth Quality
41
Risk / Durability
21
Weak Company · Expensive Stock
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
30
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
46/100
Building Historical Record
Model Score 46/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
What we like
No strong positive signal is being highlighted from the currently available summary data.
What to watch
•Debt service risk
•Valuation is a weaker part of the current profile
•Revenue fundamentals are weak
•Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for TLX
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•Can TLX maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
•How long can TLX fund negative free cash flow using its current cash position before it may need more debt or new shares?
•Is TLX's debt load manageable relative to cash generation, interest costs and upcoming maturities?
•What future growth or profitability would be needed to justify TLX's current valuation?
•What does the current fundamental change risk warning mean for the reliability or interpretation of TLX's score?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for TLX
Detected from reported data — verify before acting.
Debt service risk
Interest coverage is low (~0.5x). Earnings may be strained to cover interest expense.
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on TLX.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Strong revenue growth and commercial execution of precision medicine portfolio.
+Diversified business model with geographic and product expansion opportunities.
Potential downside factors
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Biotechnology industry.
−Dependence on clinical trial success and regulatory approvals for pipeline candidates.
−Operational risks associated with complex radiopharmaceutical supply chain and manufacturing.
−Negative free cash flow may increase the need for outside financing and dilution.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdown
Wall Street Score
Weak39/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Poor
31
Debt Cost7.9%
Debt Reduction YoY-20.3%
Debt / Equity1.12x
Tap for breakdown →
Revenue
Weak
49
Revenue YoY107.3%
Revenue CAGR54.9%
Net Margin3.3%
Tap for breakdown →
Asset
Fair
57
Asset Growth YoY16.8%
Liquidation/Share$1.46
Net Assets/MCap0.25x
Tap for breakdown →
Capital
Poor
8
Earnings Yield1.8%
Buyback Yield0.0%
Debt Cost7.9%
Tap for breakdown →
Management
Strong
71
ROIC2.3%
ROE11.8%
ROA4.2%
Tap for breakdown →
Moat
Elite
100
EPS Growth—
FCF/Share Growth—
Rev/Share Growth138.1%
Tap for breakdown →
Valuation
Poor
0
Intrinsic Value$6.72
Value Reference$4.03
MOS-36.2%
Tap for breakdown →
Buffett
Fair
52
Revenue49
Moat100
Valuation0
Tap for breakdown →
MOS
Poor
0
MOS %-36.2%
Value Reference$4.03
Deep Discount Reference$2.69
Tap for breakdown →
Financial
Fair
54
Interest Coverage0.5x
ROIC2.3%
FCF Yield-1.8%
Tap for breakdown →
Master
Weak
42
Financial54
Valuation0
Debt31
Tap for breakdown →
Resilience
Poor
39
Survival Years2.6 yrs
Current Ratio1.43x
FCF Margin-6.9%
Tap for breakdown →
Was this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
YesNot yetDismiss
Score Changes
3 historical score records available
Previous Score
38
Oct 1, 2026
Change
+0.3
points
Current Score
39
Oct 22, 2026
Category Changes
Revenue+0.9
Debt0
Assets+1.0
Capital+1.0
Management0
Moat0
Valuation0
Buffett+0.3
TLX increased 0.3 points because overall fundamentals improved.
Projected Score
Projected Score
35
Projected Change
-3.2 points
Preliminary comparable-period financial changes suggest decline of approximately 3.2 points. This is a projected estimate, not the official WallStreetScore.
Monetary values in USD. Share counts in raw units.
Large reported revenue change: +53.9%
Revenue changed sharply from 2024 to 2025. This can reflect a real business change, acquisition, divestiture, discontinued operations, restatement, or reporting-basis change. Compare the underlying filing before treating it as normal growth or decline.
TTM may combine quarters from before and after the event, so its trend can also be distorted.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
$916.0M
$847.0M
$550.3M
$353.1M
····
····
····
····
····
····
····
Cost of Revenue
$418.2M
$397.1M
$192.2M
$132.2M
····
····
····
····
····
····
····
Gross Profit
$497.8M
$449.9M
$358.1M
$220.9M
····
····
····
····
····
····
····
Research & Development
$219.4M
$180.5M
$85.0M
$90.5M
····
····
····
····
····
····
····
SG&A Expenses
$286.0M
$250.7M
$145.5M
$94.3M
····
····
····
····
····
····
····
Operating Expenses
$504.2M
$431.1M
$300.4M
$185.0M
····
····
····
····
····
····
····
EBITDA
$58.2M
$56.1M
$70.7M
$16.1M
····
····
····
····
····
····
····
Operating Income
-$6.4M
$18.7M
$57.7M
$11.1M
····
····
····
····
····
····
····
Interest Expense
$40.9M
$38.7M
$15.1M
$6.3M
····
····
····
····
····
····
····
Income Before Tax
$29.4M
-$5.5M
$39.4M
$2.2M
····
····
····
····
····
····
····
Income Tax Expense
-$4.6M
$2.0M
$4.3M
-$1.5M
····
····
····
····
····
····
····
Net Income
$33.9M
-$7.5M
$35.1M
$3.7M
····
····
····
····
····
····
····
Basic EPS
$0.10
$-0.02
$0.11
$0.01
····
····
····
····
····
····
····
Basic Shares
339M
338M
331M
319M
····
····
····
····
····
····
····
Diluted Shares
357M
338M
345M
324M
····
····
····
····
····
····
····
Upgrade to Premium for up to 10 annual periods, where available.
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Margins expanded
Cash position grew
What Weakened
Debt increased
Potential Score Impact
Positive indicators included revenue growth, cash levels, net income margin. Pressure indicators included EPS growth, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 16.6%. EPS declined 1653.4%. Cash increased 14.4%. Total debt increased 30.4%. Net income margin improved by 8.6 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Upgrade to Premium to unlock all earnings history.View plans
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.