Homepage

XORTX Therapeutics Inc.

XRTX NASDAQ Categories PDF
Healthcare · Biotechnology
Vancouver, BC T2P 4K9, Canada IPO 2021 xortx.com Updated Jun 27, 11:02am
Price
$2.19
Market Cap
$609,891
Employees
2
Beta
0.67
Avg Volume
1,255,961
CEO
Allen Warren Davidoff
Business Description

XORTX Therapeutics Inc. is a biopharmaceutical firm dedicated to advancing and bringing to market medical treatments targeting a range of conditions, including chronic kidney ailments, diabetes, insulin resistance, metabolic syndrome, diabetic nephropathy, and various infections. Their pipeline includes XRx-008, a late-stage clinical program designed to address autosomal dominant polycystic kidney disease (ADPKD). Another key candidate is XRx-101, an agent aimed at reducing uric acid levels in COVID-19 patients, with the goal of mitigating acute kidney injury and related complications. Furthermore, they are developing XRx-221, a series of xanthine oxidase inhibitors intended for the management of diabetic nephropathy. XORTX also collaborates with the Icahn School of Medicine on research investigating acute kidney injury and hyperuricemia among hospitalized COVID-19 patients. The company's operations are headquartered in Vancouver, Canada.

Business History
Price Overview
Last updated: Jun 27, 2026 11:02am (just now)
$2.19
+0.03 (+1.44%)
Day Range
$2.11 – $2.21
52-Week Range
$1.73 – $7.05
50-Day MA
$2.42
200-Day MA
$2.81
Volume
11,498.00
Share Structure
Outstanding 278,489.00
Float 250,023.00
Free Float 89.8%
High free float — 89.8% of shares trade freely, ~10.2% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Small absolute float (0.3M shares) — even with a decent free float %, volume can be thin. Check average daily volume before sizing a position.
Price History (1 Year)
Last updated: Jun 27, 2026 12:26am (10h ago)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 21, 2026 11:23pm (5d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
-0.15
Stock Price: $2.19
EPS (Diluted): -14.20
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
0.26
Stock Price: $2.19
Total Equity: $2.08M
Shares: 189,385
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
-0.12
Market Cap: $609,891
Total Debt: $37,219
Cash: $862,940
EBITDA: -$3.14M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$-293,549
Market Cap: $609,891
Total Debt: $37,219
Cash: $862,940
P/S Ratio (Price per dollar of revenue)
API
Stock Price / Revenue Per Share
0.00
Stock Price: $2.19
Revenue: $0.00
Shares: 189,385
EV/Sales (Total value vs revenue — works when P/E can't)
API
0.00
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
0.0%
Gross Profit: -$114,077
Revenue: $0.00
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
0.0%
Operating Income: -$3.31M
Revenue: $0.00
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
0.0%
Net Income: -$2.66M
Revenue: $0.00
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
-135.3%
Net Income: -$2.66M
Total Equity: $2.08M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
-238.9%
Operating Income: -$3.31M
Tax Rate: 0.0%
Equity: $2.08M
Total Debt: $37,219
Cash: $862,940
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
1.61
Current Assets: $965,534
Current Liabilities: $597,980
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.02
Short-Term Debt: $37,219
Long-Term Debt: $0.00
Total Debt: $37,219
Total Equity: $2.08M
Rev/Share (Top-line per share)
Revenue / Shares Outstanding
Revenue: $0.00
Shares: 189,385
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$10.99
Total Equity: $2.08M
Shares: 189,385
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$-14.88
Operating CF: -$2.82M
CapEx: $3.00
Shares: 189,385
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $2.19
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: -$2.66M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares XRTX against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 11:23pm (5d ago)
Metric 2021 2022 2023 2024 2025
Revenue $0 $0 $0 $0 $0
Cost of Revenue $18,017 $74,605 $141,958 $111,642 $114,077
Gross Profit $-18,017 $-74,605 $-141,958 $-111,642 $-114,077
Operating Expenses $2.9M $12.4M $4.8M $3.8M $3.2M
Operating Income -$2.9M -$12.4M -$6.2M -$3.9M -$3.3M
Net Income -$1.7M -$7.0M -$2.9M -$3.2M -$2.7M
EBITDA -$2.9M -$9.4M -$6.0M -$3.0M -$3.1M
EPS $-30.00 $-118.00 $-36.00 $-27.45 $-14.20
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 21, 2026 11:23pm (5d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $14.9M $10.4M $3.4M $2.5M $862,940
Total Current Assets $15.9M $10.9M $4.1M $2.7M $965,534
Total Assets $17.4M $12.4M $5.5M $4.1M $2.7M
Current Liabilities $552,948 $1.5M $294,938 $757,538 $597,980
Long-Term Debt $0 $0 $0 $0 $0
Total Liabilities $4.2M $5.4M $825,938 $757,538 $597,980
Total Equity $13.2M $7.0M $4.6M $3.3M $2.1M
Retained Earnings -$8.0M -$15.7M -$23.5M -$21.2M -$23.8M
Cash Flow (Annual)
Last updated: Jun 21, 2026 11:23pm (5d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow -$4.8M -$9.0M -$6.6M -$3.5M -$2.8M
Capital Expenditure $-31,807 $-45,701 $-46,363 $-38,924 $3
Free Cash Flow -$4.8M -$9.0M -$6.6M -$3.5M -$2.8M
Acquisitions (net) $0 $0 $0 $0 $0
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 $0 $0 $0
Net Change in Cash $14.7M -$4.4M -$7.0M $-974,016 -$1.7M
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 11:02am (just now)
Metric 2024 2025 2026 2027
Revenue $2.7M
$2.7M – $2.7M
$128.8M
$128.8M – $128.8M
$3.3M
$3.3M – $3.3M
$16.0M
$16.0M – $16.0M
EBITDA $0 $0 $0 $0
Net Income -$1.4M
-$1.4M – -$1.4M
$-653,554
$-653,554 – $-653,554
$-331,425
$-331,425 – $-331,425
$757,544
$757,544 – $757,544
EPS
Growth Trends (YoY %)
Last updated: Jun 21, 2026 11:23pm (5d ago)
Metric 2022 2023 2024 2025
Revenue Growth
Gross Profit Growth -314.1% -90.3% +21.4% -2.2%
Operating Income Growth -328.3% +50.5% +36.3% +15.5%
Net Income Growth -323.0% +59.1% -10.3% +15.8%
EBITDA Growth -224.2% +36.1% +49.4% -3.3%
Dividend History (Last 20)
Last updated: Jun 21, 2026 11:23pm (5d ago)
Date Dividend Declaration Record Payment
2014-01-31 $0.00 2014-01-13 2014-02-04 2014-02-17
2013-10-15 $0.00 2013-10-03 2013-10-17 2013-11-01
2013-07-11 $0.00 2013-07-01 2013-07-15 2013-07-30
2013-04-16 $0.00 2013-04-04 2013-04-18 2013-05-02
2012-12-24 $0.00 2012-12-18 2012-12-27 2012-12-31
2012-10-12 $0.00 2012-10-02 2012-10-30
2012-07-17 $0.00 2012-07-05 2012-08-01
2012-04-10 $0.00 2012-03-29 2012-04-26
2012-02-13 $0.00 2012-02-01 2012-02-29
2011-11-22 $0.00 2011-11-14 2011-12-09
2011-08-10 $0.00 2011-08-01 2011-08-26
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for XRTX — it's generated by the pipeline (market-narrative step).
Community AI Feedback
No community reviews yet for XRTX. Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30