Financial Snapshot

Revenue
$35.93M
TTM
Gross Margin
Net Earnings
-$244.6M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
832.05%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$703.3M
Q3 2024
Cash
Q3 2024
P/E
-12.73
Dec 02, 2024 EST
Free Cash Flow
-$157.3M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $43.95M $41.59M $49.11M $29.94M $31.13M $12.36M $24.71M $2.780M $2.190M $1.730M $740.0K
YoY Change 5.68% -15.32% 64.0% -3.82% 151.95% -49.99% 788.85% 26.94% 26.59% 133.78%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $43.95M $41.59M $49.11M $29.94M $31.13M $12.36M $24.71M $2.780M $2.190M $1.730M $740.0K
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $59.84M $52.20M $40.90M $35.78M $32.31M $29.35M $15.45M $4.710M $850.0K $730.0K $3.790M
YoY Change 14.63% 27.64% 14.3% 10.74% 10.09% 89.97% 228.03% 454.12% 16.44% -80.74%
% of Gross Profit
Research & Development $140.7M $149.4M $98.19M $70.04M $55.68M $54.77M $38.48M $20.38M $18.14M $16.43M $8.040M
YoY Change -5.87% 52.18% 40.19% 25.79% 1.66% 42.33% 88.81% 12.35% 10.41% 104.35%
% of Gross Profit
Depreciation & Amortization $2.325M $981.0K $1.245M $1.165M $902.0K $645.0K $360.0K $260.0K $210.0K $340.0K $350.0K
YoY Change 137.0% -21.2% 6.87% 29.16% 39.84% 79.17% 38.46% 23.81% -38.24% -2.86%
% of Gross Profit
Operating Expenses $200.5M $201.6M $139.1M $105.8M $89.79M $84.12M $63.35M $31.96M $22.85M $18.75M $13.89M
YoY Change -0.56% 44.97% 31.43% 17.85% 6.74% 32.79% 98.22% 39.87% 21.87% 34.99%
Operating Profit -$156.5M -$160.0M -$89.98M -$75.88M -$58.66M -$45.74M
YoY Change -2.18% 77.87% 18.58% 29.36% 28.23%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense $4.800M $28.74M $24.53M -$9.130M $3.500M $9.260M -$32.96M -$21.63M -$160.0K $10.00K $0.00
YoY Change -83.3% 17.16% -368.72% -360.86% -62.2% -128.09% 52.38% 13418.75% -1700.0%
% of Operating Profit
Other Income/Expense, Net $4.800M $29.80M -$1.135M -$9.132M $3.700M $280.0K $0.00 $0.00
YoY Change -83.89% -2725.81% -87.57% -346.81% 1221.43%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income -$151.7M -$130.2M -$66.58M -$85.01M -$54.96M -$28.11M -$72.77M -$52.47M -$25.72M -$23.09M -$13.16M
YoY Change 16.52% 95.62% -21.68% 54.68% 95.54% -61.38% 38.69% 104.0% 11.39% 75.46%
Income Tax $3.192M $959.0K $239.0K $503.0K $194.0K $205.0K $280.0K $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$154.9M -$131.2M -$66.82M -$85.51M -$55.15M -$28.31M -$73.05M -$52.47M -$25.72M -$23.09M -$13.16M
YoY Change 18.1% 96.35% -21.86% 55.05% 94.81% -61.25% 39.22% 104.0% 11.39% 75.46%
Net Earnings / Revenue -352.56% -315.48% -136.06% -285.59% -177.15% -229.1% -295.63% -1887.41% -1174.43% -1334.68% -1778.38%
Basic Earnings Per Share -$3.00 -$2.92 -$1.73 -$2.92
Diluted Earnings Per Share -$3.00 -$2.92 -$1.729M -$2.922M -$2.277M -$1.270M -$3.805M -$3.963M -$1.806M -$1.621M -$924.2K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $354.4M $290.2M $410.4M $207.8M $239.8M $235.4M $220.4M $72.30M $35.70M $1.900M $14.60M
YoY Change 22.1% -29.29% 97.51% -13.34% 1.87% 6.81% 204.84% 102.52% 1778.95% -86.99%
Cash & Equivalents $204.2M $147.7M $241.4M $163.1M $197.6M $164.6M $179.6M $59.80M $35.70M $1.900M $14.60M
Short-Term Investments $150.1M $142.5M $169.0M $44.70M $42.20M $70.80M $40.80M $12.50M
Other Short-Term Assets $10.46M $11.52M $7.081M $8.500M $4.700M $4.400M $1.500M $1.100M $1.400M $400.0K $100.0K
YoY Change -9.2% 62.63% -16.69% 80.85% 6.82% 193.33% 36.36% -21.43% 250.0% 300.0%
Inventory
Prepaid Expenses
Receivables $2.429M $4.051M $6.306M $1.700M $2.700M $3.400M $1.900M $200.0K $0.00 $200.0K $200.0K
Other Receivables $1.552M $647.0K $367.0K $0.00 $200.0K $200.0K $1.900M $1.000M $400.0K $500.0K $800.0K
Total Short-Term Assets $368.8M $306.4M $424.2M $218.0M $247.4M $243.4M $225.7M $74.70M $37.50M $2.900M $15.80M
YoY Change 20.35% -27.76% 94.58% -11.88% 1.64% 7.84% 202.14% 99.2% 1193.1% -81.65%
Property, Plant & Equipment $23.50M $24.84M $7.282M $8.000M $8.900M $5.200M $1.400M $700.0K $400.0K $400.0K $500.0K
YoY Change -5.41% 241.12% -8.98% -10.11% 71.15% 271.43% 100.0% 75.0% 0.0% -20.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $57.31M $36.46M $20.30M $0.00 $2.000M $0.00 $8.500M
YoY Change 57.2% 79.62% -100.0% -100.0%
Other Assets $4.071M $6.852M $2.495M $2.400M $2.200M $1.400M $200.0K $300.0K $200.0K $300.0K
YoY Change -40.59% 174.63% 3.96% 9.09% 57.14% 600.0% -33.33% 50.0% -33.33%
Total Long-Term Assets $86.68M $70.10M $32.42M $13.20M $16.00M $9.600M $10.40M $1.300M $1.000M $1.400M $1.300M
YoY Change 23.65% 116.21% 145.61% -17.5% 66.67% -7.69% 700.0% 30.0% -28.57% 7.69%
Total Assets $455.5M $376.5M $456.6M $231.2M $263.4M $253.0M $236.1M $76.00M $38.50M $4.300M $17.10M
YoY Change
Accounts Payable $4.602M $9.834M $13.24M $3.100M $3.000M $3.200M $3.400M $2.400M $2.600M $2.900M $1.300M
YoY Change -53.2% -25.71% 327.0% 3.33% -6.25% -5.88% 41.67% -7.69% -10.34% 123.08%
Accrued Expenses $40.16M $37.27M $24.00M $23.20M $14.90M $11.20M $3.100M $2.200M $1.300M $700.0K $800.0K
YoY Change 7.73% 55.31% 3.45% 55.7% 33.04% 261.29% 40.91% 69.23% 85.71% -12.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $200.0K $200.0K $200.0K $200.0K
YoY Change 0.0% 0.0% 0.0%
Total Short-Term Liabilities $69.09M $78.93M $71.90M $46.70M $36.80M $34.00M $33.20M $8.200M $6.900M $7.100M $5.400M
YoY Change -12.46% 9.77% 53.96% 26.9% 8.24% 2.41% 304.88% 18.84% -2.82% 31.48%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $300.0K $500.0K $800.0K $1.100M
YoY Change -100.0% -40.0% -37.5% -27.27%
Other Long-Term Liabilities $30.06M $50.56M $68.50M $82.20M $95.30M $113.2M $135.0M $31.80M $400.0K $700.0K $0.00
YoY Change -40.54% -26.19% -16.67% -13.75% -15.81% -16.15% 324.53% 7850.0% -42.86%
Total Long-Term Liabilities $30.06M $50.56M $68.50M $82.20M $95.30M $113.2M $135.0M $32.10M $900.0K $1.500M $1.100M
YoY Change -40.54% -26.19% -16.67% -13.75% -15.81% -16.15% 320.56% 3466.67% -40.0% 36.36%
Total Liabilities $99.15M $129.5M $140.4M $129.0M $132.1M $147.1M $168.2M $40.20M $7.800M $8.600M $6.500M
YoY Change -23.43% -7.77% 8.84% -2.35% -10.2% -12.54% 318.41% 415.38% -9.3% 32.31%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 51.61M 44.92B 38.64B 29.26B
Diluted Shares Outstanding 51.61M 44.92B 38.64B 29.26B
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.1141 Billion

About Merus N.V.

Merus NV is a clinical-stage immuno-oncology company, which engages in the discovery and development of bispecific antibody therapeutics. The company is headquartered in Utrecht, Utrecht and currently employs 172 full-time employees. The company went IPO on 2016-05-19. The product programs in the Merus pipeline are based on the Multiclonics format. Its products are designed to bind to multiple targets, and are manufactured with features for anti-cancer effects against the complex mechanisms that drive cancer. Company's products engage cancer antigens and harness the power of the immune system to kill tumor cells by utilizing technology platform. One of the drug zenocutuzumab (Zeno), a Biclonics antibody, concentrates on helping patients with lung, pancreatic and other types of solid tumors. The firm operates in the Netherlands and United States.

Industry: Pharmaceutical Preparations Peers: LAVA Therapeutics NV ProQR Therapeutics N.V. uniQure N.V.