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Turning Point Therapeutics Inc (TPTX)

Turning Point Therapeutics Inc (TPTX)
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Turning Point Therapeutics is a clinical-stage biopharmaceutical company designing and developing novel small molecule, targeted oncology therapies to address key limitations of existing therapies and improve the lives of patients. Their internally developed and wholly owned pipeline of next-generation tyrosine kinase inhibitors (TKIs) targets numerous genetic drivers of cancer in both TKI-na've and TKI-pretreated patients. The pervasive challenges of intrinsic and acquired treatment resistance often limit the response rate and durability of existing therapies. One of these challenges is the emergence of solvent front mutations, which are a common cause of acquired resistance to currently approved therapies for ROS1, TRK and ALK kinases. They have developed a macrocycle platform enabling us to design proprietary small, compact TKIs with rigid three-dimensional structures that potentially bind to their targets with greater precision and affinity than other kinase inhibitors.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Jun, 2022 Mar, 2022 Dec, 2021 Sep, 2021 Jun, 2021
Sales 120 430 0 460 5,160
Sales Growth -72.09% unch -100.00% -91.09% -79.53%
Net Income -123,090 -74,450 -78,450 -66,330 -56,270
Net Income Growth -65.33% +5.10% -18.27% -17.88% -58.51%
(Values in U.S. Thousands) Jun, 2022 Mar, 2022 Dec, 2021 Sep, 2021 Jun, 2021
Total Assets 843,340 938,790 1,003,460 1,058,990 1,102,920
Total Assets Growth -10.17% -6.44% -5.24% -3.98% -2.19%
Total Liabilities 50,310 47,440 49,040 41,650 35,410
Total Liabilities Growth +6.05% -3.26% +17.74% +17.62% +34.03%
(Values in U.S. Thousands) Jun, 2022 Mar, 2022 Dec, 2021 Sep, 2021 Jun, 2021
Operating Cash Flow -163,630 -58,330 -153,890 -99,730 -58,070
Operating Cash Flow Growth -180.52% +62.10% -54.31% -71.74% -270.34%
Net Cash Flow -137,730 -118,350 -124,420 -148,100 -126,250
Change in Net Cash Flow -16.38% +4.88% +15.99% -17.31% -48.65%
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