Third Harmonic Bio, Inc.

NasdaqGM:THRD Stock Report

Market Cap: US$242.8m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Third Harmonic Bio Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Natalie Holles

Chief executive officer

US$4.2m

Total compensation

CEO salary percentage14.70%
CEO tenure4yrs
CEO ownership2.7%
Management average tenure2.4yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Analysis Article Apr 15

Companies Like Third Harmonic Bio (NASDAQ:THRD) Are In A Position To Invest In Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Nov 16

Third Harmonic Bio (NASDAQ:THRD) Is In A Good Position To Deliver On Growth Plans

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Aug 03

Companies Like Third Harmonic Bio (NASDAQ:THRD) Can Afford To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article Apr 06

Here's Why We're Not At All Concerned With Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Sep 06

We're Hopeful That Third Harmonic Bio (NASDAQ:THRD) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article May 02

We're Hopeful That Third Harmonic Bio (NASDAQ:THRD) Will Use Its Cash Wisely

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Dec 16

We're Not Very Worried About Third Harmonic Bio's (NASDAQ:THRD) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, although...

CEO Compensation Analysis

How has Natalie Holles's remuneration changed compared to Third Harmonic Bio's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-US$53m

Dec 31 2024US$4mUS$611k

-US$45m

Sep 30 2024n/an/a

-US$39m

Jun 30 2024n/an/a

-US$33m

Mar 31 2024n/an/a

-US$30m

Dec 31 2023US$3mUS$608k

-US$31m

Sep 30 2023n/an/a

-US$35m

Jun 30 2023n/an/a

-US$36m

Mar 31 2023n/an/a

-US$36m

Dec 31 2022US$10mUS$530k

-US$35m

Sep 30 2022n/an/a

-US$39m

Jun 30 2022n/an/a

-US$39m

Mar 31 2022n/an/a

-US$34m

Dec 31 2021US$2mUS$197k

-US$30m

Compensation vs Market: Natalie's total compensation ($USD4.16M) is above average for companies of similar size in the US market ($USD1.59M).

Compensation vs Earnings: Natalie's compensation has increased whilst the company is unprofitable.


CEO

Natalie Holles (52 yo)

4yrs
Tenure
US$4,157,389
Compensation

Ms. Natalie C. Holles serves as Chief Executive Officer since August 9, 2021 and Director of Third Harmonic Bio, Inc. since August 2021. She was an Independent Director at Allakos Inc. since December 2020...


Leadership Team

NamePositionTenureCompensationOwnership
Natalie Holles
CEO & Director4yrsUS$4.16m2.7%
$ 6.6m
Christopher Murphy
Chief Financial & Business Officer1.6yrsUS$4.02m0%
$ 0
Jennifer Dittman
Chief Operating Officerless than a yearno datano data
Julie Person
Chief Administrative Officer3.2yrsUS$1.11mno data
Steven Sweeney
Senior Vice President of Development Operationsno datano datano data
Edward Conner
Chief Medical Officer3.2yrsUS$1.38mno data
Dennis Dean
Chief Non-Clinical Development Officer1.3yrsno datano data
Ommer Chohan
Treasurer & Secretaryno datano datano data
2.4yrs
Average Tenure
51.5yo
Average Age

Experienced Management: THRD's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Natalie Holles
CEO & Director4yrsUS$4.16m2.7%
$ 6.6m
Thomas Soloway
Independent Director3.1yrsUS$259.14k0%
$ 0
David Bonita
Independent Director5.1yrsUS$245.14kno data
Mark Iwicki
Independent Chairman5.3yrsUS$280.14k0.29%
$ 692.0k
Cameron McDonough
Independent Director1.4yrsUS$451.98k0%
$ 0
Michael Gladstone
Independent Director6.3yrsUS$245.14kno data
H. Seidel
Independent Director6.1yrsUS$253.91k0.11%
$ 255.0k
Tao Shi
Non-Employee Supervisor1.6yrsno datano data
4.5yrs
Average Tenure
55yo
Average Age

Experienced Board: THRD's board of directors are considered experienced (4.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/01 07:57
End of Day Share Price 2025/07/30 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Third Harmonic Bio, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Akash TewariJefferies LLC
Joseph ThomeTD Cowen