Financhill
Sell
40

MREO Quote, Financials, Valuation and Earnings

Last price:
$2.43
Seasonality move :
48.12%
Day range:
$2.38 - $2.55
52-week range:
$1.58 - $5.02
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
--
P/B ratio:
6.29x
Volume:
815.9K
Avg. volume:
1.7M
1-year change:
-26.3%
Market cap:
$383.2M
Revenue:
$10M
EPS (TTM):
-$0.30
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- $49.2M -- $10M --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $24.2M -$1.1M $2.6M --
Gross Profit -- $25M $1.1M $7.4M --
Gross Profit Margin -- 50.89% -- 74.26% --
 
R&D Expenses $22.3M $31.8M $29.5M $17.4M $20.9M
Selling, General & Admin $28.9M $21.5M $26.1M $18.4M $26.4M
Other Inc / (Exp) -$167M $52.9M $13.1M -$2.1M $791K
Operating Expenses $51.2M $53.3M $53.8M $34.6M $45.7M
Operating Income -$51.2M -$28.3M -$52.7M -$27.1M -$45.7M
 
Net Interest Expenses -- $5.4M $3.3M $750K --
EBT. Incl. Unusual Items -$226.8M $19.2M -$42.9M -$30M -$43.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$3.8M $2M -$718K -$532K --
Net Income to Company -$226.8M $19.2M -$42.2M -$29.5M -$43.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$223M $17.2M -$42.2M -$29.5M -$43.3M
 
Basic EPS (Cont. Ops) -$3.27 $0.13 -$0.35 -$0.20 -$0.30
Diluted EPS (Cont. Ops) -$3.27 -$0.34 -$0.35 -$0.20 -$0.30
Weighted Average Basic Share $67.8M $105.6M $120.6M $131.9M $147.9M
Weighted Average Diluted Share $67.8M $111.1M $120.6M $131.9M $147.9M
 
EBITDA -$216M $25.5M -$37.9M -$26.1M -$40.8M
EBIT -$218.1M $24.6M -$38.8M -$27.1M -$41.9M
 
Revenue (Reported) -- $49.2M -- $10M --
Operating Income (Reported) -$51.2M -$28.3M -$52.7M -$27.1M -$45.7M
Operating Income (Adjusted) -$218.1M $24.6M -$38.8M -$27.1M -$41.9M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- -- -- $1M --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -$273K --
Gross Profit -- -- -- $1.3M --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- $4.8M $8.8M
Selling, General & Admin -- -- -- $3.6M $6.5M
Other Inc / (Exp) -- -- -- -$3M $7.1M
Operating Expenses -- -- -- $8.3M $14.7M
Operating Income -- -- -- -$7.1M -$14.7M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -- -- -- -$9.6M -$7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -$532K --
Net Income to Company -- -- -- -$9.1M -$7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -- -$9.1M -$7M
 
Basic EPS (Cont. Ops) -- -- -- -$0.05 -$0.05
Diluted EPS (Cont. Ops) -- -- -- -$0.05 -$0.05
Weighted Average Basic Share -- -- -- $140M $155M
Weighted Average Diluted Share -- -- -- $140M $155M
 
EBITDA -- -- -- -$9M -$6.4M
EBIT -- -- -- -$9.3M -$6.7M
 
Revenue (Reported) -- -- -- $1M --
Operating Income (Reported) -- -- -- -$7.1M -$14.7M
Operating Income (Adjusted) -- -- -- -$9.3M -$6.7M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- $49.2M -- $10M --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- $2.6M --
Gross Profit -- -- -- $7.4M --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- $17.4M $20.9M
Selling, General & Admin -- -- -- $18.4M $26.4M
Other Inc / (Exp) -- -- -- -$2.1M $790K
Operating Expenses -- -- -- $34.6M $45.7M
Operating Income -- -- -- -$27.1M -$45.7M
 
Net Interest Expenses -- -- -- $257K --
EBT. Incl. Unusual Items -- -- -- -$30M -$43.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -$532K --
Net Income to Company -- -- -- -$29.5M -$43.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -- -$29.5M -$43.3M
 
Basic EPS (Cont. Ops) -- -- -- -$0.21 -$0.30
Diluted EPS (Cont. Ops) -- -- -- -$0.21 -$0.30
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -- -$26.1M -$40.8M
EBIT -- -- -- -$27.1M -$41.9M
 
Revenue (Reported) -- $49.2M -- $10M --
Operating Income (Reported) -- -- -- -$27.1M -$45.7M
Operating Income (Adjusted) -- -- -- -$27.1M -$41.9M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Revenue -- -- $10M -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- $2.6M -- --
Gross Profit -- -- $7.4M -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- $17.4M $20.9M --
Selling, General & Admin -- -- $18.4M $26.4M --
Other Inc / (Exp) -- -- -$2.1M $790K --
Operating Expenses -- -- $34.6M $45.7M --
Operating Income -- -- -$27.1M -$45.7M --
 
Net Interest Expenses -- -- $667K -- --
EBT. Incl. Unusual Items -- -- -$30M -$43.3M --
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -$532K -- --
Net Income to Company -- -- -$29.5M -$43.3M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -$29.5M -$43.3M --
 
Basic EPS (Cont. Ops) -- -- -$0.21 -$0.30 --
Diluted EPS (Cont. Ops) -- -- -$0.21 -$0.30 --
Weighted Average Basic Share -- -- $527.4M $591.5M --
Weighted Average Diluted Share -- -- $527.4M $591.5M --
 
EBITDA -- -- -$26.1M -$40.8M --
EBIT -- -- -$27.1M -$41.9M --
 
Revenue (Reported) -- -- $10M -- --
Operating Income (Reported) -- -- -$27.1M -$45.7M --
Operating Income (Adjusted) -- -- -$27.1M -$41.9M --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $32M $127.3M $68.2M $57.4M $69.8M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $554.7K $550.7K $2.8M $2.3M $1.6M
Other Current Assets $2.2M $3.8M $1.4M $340K $129K
Total Current Assets $40.5M $134M $75.2M $63.8M $74.8M
 
Property Plant And Equipment $2.1M $3.4M $2.2M $1.7M $984K
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles $43.1M $33.2M -- $1.1M --
Other Long-Term Assets -- -- -- -- --
Total Assets $85.8M $170.6M $77.4M $66.5M $76.4M
 
Accounts Payable $4.3M $3.1M $3.5M $2.3M $2.4M
Accrued Expenses $5.7M $5.2M $3.6M $3.5M $1.8M
Current Portion Of Long-Term Debt -- -- $13.3M -- $5.5M
Current Portion Of Capital Lease Obligations $866.8K $839.5K $564K $652K $707K
Other Current Liabilities -- $1.7M $1.4M $30K $61K
Total Current Liabilities $11.7M $16.9M $24.4M $9.5M $13.8M
 
Long-Term Debt $22M $19.4M -- $4.4M --
Capital Leases -- -- -- -- --
Total Liabilities $106.2M $51.8M $26M $16M $15.4M
 
Common Stock $1.4M $2.4M $2.5M $2.8M $3.1M
Other Common Equity Adj $181.8M $185.2M -$21.7M -$17.5M -$18.8M
Common Equity -$20.4M $118.8M $51.4M $50.5M $61M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$20.4M $118.8M $51.4M $50.5M $61M
 
Total Liabilities and Equity $85.8M $170.6M $77.4M $66.5M $76.4M
Cash and Short Terms $32M $127.3M $68.2M $57.4M $69.8M
Total Debt -- $19.4M $13.3M $4.4M --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $32M $127.3M $68.2M $57.4M $69.8M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $554.7K $550.7K $2.8M $2.3M $1.6M
Other Current Assets $2.2M $3.8M $1.4M $340K $129K
Total Current Assets $40.5M $134M $75.2M $63.8M $74.8M
 
Property Plant And Equipment $2.1M $3.4M $2.2M $1.7M $984K
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles $43.1M $33.2M -- $1.1M --
Other Long-Term Assets -- -- -- -- --
Total Assets $85.8M $170.6M $77.4M $66.5M $76.4M
 
Accounts Payable $4.3M $3.1M $3.5M $2.3M $2.4M
Accrued Expenses $5.7M $5.2M $3.6M $3.5M $1.8M
Current Portion Of Long-Term Debt -- -- $13.3M -- $5.5M
Current Portion Of Capital Lease Obligations $866.8K $839.5K $564K $652K $707K
Other Current Liabilities -- $1.7M $1.4M $30K $61K
Total Current Liabilities $11.7M $16.9M $24.4M $9.5M $13.8M
 
Long-Term Debt $22M $19.4M -- $4.4M --
Capital Leases -- -- -- -- --
Total Liabilities $106.2M $51.8M $26M $16M $15.4M
 
Common Stock $1.4M $2.4M $2.5M $2.8M $3.1M
Other Common Equity Adj $181.8M $185.2M -$21.7M -$17.5M -$18.8M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$20.4M $118.8M $51.4M $50.5M $61M
 
Total Liabilities and Equity $85.8M $170.6M $77.4M $66.5M $76.4M
Cash and Short Terms $32M $127.3M $68.2M $57.4M $69.8M
Total Debt -- -- -- $4.4M --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$226.8M $19.2M -$42.2M -$29.5M -$43.3M
Depreciation & Amoritzation $2.2M $866.5K $889K $1.1M $1.1M
Stock-Based Compensation $2.1M $4.5M $4.8M $4.9M $7.4M
Change in Accounts Receivable $192.2K -$794.9K -$3.5M $456K -$1.6M
Change in Inventories -- -- -- -- --
Cash From Operations -$38.6M -$7.1M -$48.8M -$21.1M -$32.8M
 
Capital Expenditures -- $722.1K $13K $419K --
Cash Acquisitions -$482.4K -- -- -- --
Cash From Investing $2M -$568.2K $2M -$419K -$699K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $60.5M -- -- -- --
Long-Term Debt Repaid -$29.8M -$934K -- -$3.2M --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$6.8M -$315.8K $200K -$444K -$853K
Cash From Financing $47.3M $104.8M $200K $8M $46.1M
 
Beginning Cash (CF) $22.3M $31.7M $127.4M $68.2M $57.4M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $10.8M $97.2M -$46.6M -$13.6M $12.6M
Ending Cash (CF) $32M $127.3M $68.2M $57.4M $69.8M
 
Levered Free Cash Flow -$38.6M -$7.8M -$48.8M -$21.6M -$33.5M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -- -- -- -$9.1M -$7M
Depreciation & Amoritzation -- -- -- $281K $274K
Stock-Based Compensation -- -- -- $815K $1.5M
Change in Accounts Receivable -- -- -- $688K -$576K
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -$6.8M -$9.4M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- -$40K
Cash From Financing -- -- -- -- -$40K
 
Beginning Cash (CF) -- -- -- $62.5M $80.5M
Foreign Exchange Rate Adjustment -- -- -- $1.7M -$1.3M
Additions / Reductions -- -- -- -$6.8M -$9.5M
Ending Cash (CF) -- -- -- $57.4M $69.8M
 
Levered Free Cash Flow -- -- -- -$6.8M -$9.4M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -- -- -- -$29.5M -$43.3M
Depreciation & Amoritzation -- -- -- $1.1M $1.1M
Stock-Based Compensation -- -- -- $4.9M $7.4M
Change in Accounts Receivable -- -- -- $456K -$1.6M
Change in Inventories -- -- -- -- --
Cash From Operations -$38.6M -$7.1M -$48.8M -$21.1M -$32.8M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -$419K -$699K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -$13.6M $12.6M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -$21.6M -$33.5M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Net Income to Stockholders -- -- -$29.5M -$43.3M --
Depreciation & Amoritzation -- -- $1.1M $1.1M --
Stock-Based Compensation -- -- $4.9M $7.4M --
Change in Accounts Receivable -- -- $456K -$1.6M --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -$21.1M -$32.8M --
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$419K -$699K --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -$3.2M -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -$444K -$853K --
Cash From Financing -- -- $8M $46.1M --
 
Beginning Cash (CF) -- -- $243.5M $274M --
Foreign Exchange Rate Adjustment -- -- $2.8M -$233K --
Additions / Reductions -- -- -$13.6M $12.6M --
Ending Cash (CF) -- -- $232.7M $286.4M --
 
Levered Free Cash Flow -- -- -$21.6M -$33.5M --

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