Revenue (FY 2025)
$500.00K
Full year reported
Net Income
↑3.2% YoY
-$41.88M
Net Margin: -8,375.6%
Free Cash Flow
↑7.6% YoY
-$30.99M
FCF Yield: -14.38%
EPS (Diluted)
↑16.7% YoY
$-0.05
Basic: $-0.05
Return on Equity
Efficiency
-102.4%
ROA: -91.2%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (MREO)
All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
- FY 2024: Revenue YoY (-100.0%) is identical to Gross Profit YoY (-100.0%). Verify the underlying Revenue and Gross Profit values for FY 2024 and FY 2023.
| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Div / Sh | Div Yield | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2017 | — | — | — | $-38.8M | — | $-0.56 | — | — | — | $-32.1M | $-32.2M | — |
| FY 2018 | — | — | — | $-32.0M | +17.4% | $-0.45 | +19.6% | — | — | $-23.1M | $-23.2M | +27.9% |
| FY 2019 | — | — | — | $-34.8M | -8.8% | $-0.39 | +13.3% | — | 0.00% | $-45.9M | $-46.0M | -98.3% |
| FY 2020 | — | — | — | $-163.6M | -369.6% | $-0.48 | -23.1% | — | 0.00% | $-28.3M | $-28.4M | +38.3% |
| FY 2021 | $36.5M | — | $18.6M | $12.7M | +107.8% | $-0.05 | +89.6% | — | 0.00% | $-5.2M | $-5.8M | +79.6% |
| FY 2022 | — | -100.0% | $35.5M | $-34.2M | -368.7% | $-0.06 | -20.0% | — | 0.00% | $-38.8M | $-38.8M | -572.5% |
| FY 2023 | $10.0M | — | $5.1M | $-29.5M | +13.8% | $-0.04 | +33.3% | — | 0.00% | $-21.1M | $-21.1M | +45.6% |
| FY 2024 | — | -100.0% | — | $-43.3M | -46.8% | $-0.06 | -50.0% | — | 0.00% | $-32.8M | $-33.5M | -58.7% |
| FY 2025 | $0.5M | — | $0.2M | $-41.9M | +3.2% | $-0.05 | +16.7% | — | 0.00% | $-31.0M | $-31.0M | +7.6% |
Valuation
Market Price
$0.27
Market Cap
$215.49M
Enterprise Value
$174.70M
P/E Ratio
N/A
P/B Ratio
5.31
FCF Yield
-14.38%
Dividend Yield
0.00%
Shares Outstanding
Profitability & Margins
Gross Margin
49.00%
Operating Margin
-8,021.40%
Net Margin
-8,375.60%
Return on Equity (ROE)
-102.35%
Return on Assets (ROA)
-91.20%
Asset Turnover
0.01x
Revenue 3-Yr CAGR
N/A
Financial Health & Liquidity
Current Ratio
10.46
Cash Ratio
9.53
Debt / Equity
0.005
Debt / Assets
0.004
Cash & Equivalents
$40.99M
Total Debt
$202.00K
Book Value / Share
$0.05
Cash Flow Efficiency
Operating Cash Flow
-$30.97M
Capital Expenditures (CapEx)
$20.00K
Free Cash Flow
-$30.99M
OCF / Revenue
-6,194.20%
FCF / Revenue
-6,198.20%
FCF 3-Yr CAGR
N/A
Per Share Metrics
EPS (Diluted)
$-0.05
EPS (Basic)
$-0.05
Dividends / Share
N/A
Book Value / Share
$0.05
EPS YoY Growth
16.67%
Balance Sheet (FY 2025)
Total Assets
$45.92M
Total Liabilities
$5.00M
Stockholders' Equity
$40.92M
Current Assets
$45.02M
Current Liabilities
$4.30M