Financial Snapshot

Revenue
$9.812M
TTM
Gross Margin
-5057.77%
TTM
Net Earnings
-$167.3M
TTM
Current Assets
$55.45M
Q4 2023
Current Liabilities
$74.89M
Q4 2023
Current Ratio
74.04%
Q4 2023
Total Assets
Q4 2023
Total Liabilities
Q4 2023
Book Value
-$49.29M
Q4 2023
Cash
P/E
-0.1155
Nov 29, 2024 EST
Free Cash Flow
-$95.42M
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 $5.390M $4.422M $2.355M $679.0K $444.0K $1.364M $1.681M $471.5K $1.856M $1.295M $110.0K
YoY Change 21.89% 87.77% 246.83% 52.93% -67.45% -18.86% 256.53% -74.59% 43.24% 1077.71%

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 $5.390M $4.422M $2.355M $679.0K $444.0K $1.364M $1.681M $471.5K $1.856M $1.295M $110.0K
Cost Of Revenue $16.73M $13.11M $5.441M -$2.657M -$3.922M -$1.892M -$546.4K -$34.73K $555.3K $376.0K -$360.0K
Gross Profit -$11.34M -$8.685M -$3.086M $3.336M $4.366M $3.256M $2.227M $506.2K $1.300M $919.5K $470.0K
Gross Profit Margin -210.37% -196.4% -131.04% 491.31% 983.33% 238.71% 132.51% 107.37% 70.08% 70.97% 427.27%

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 $38.46M $38.22M $24.06M $17.20M $8.179M $7.195M $3.968M $1.908M $1.243M $568.7K $330.0K
YoY Change 0.63% 58.86% 39.91% 110.27% 13.67% 81.33% 107.91% 53.53% 118.57% 72.33%
% of Gross Profit 515.53% 187.33% 220.98% 178.14% 377.0% 95.59% 61.85% 70.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.62M $7.989M $4.518M $1.840M $1.175M $409.2K $190.4K $127.8K $102.8K $44.18K $13.69K
YoY Change 45.48% 76.83% 145.54% 56.6% 187.12% 114.98% 48.99% 24.28% 132.71% 222.72%
% of Gross Profit 55.16% 26.91% 12.57% 8.55% 25.24% 7.91% 4.8% 2.91%
Operating Expenses $64.52M $63.57M $39.28M $23.47M $12.05M $11.03M $9.180M $2.347M $2.144M $1.116M $470.0K
YoY Change 1.48% 61.86% 67.39% 94.79% 9.17% 20.2% 291.12% 9.47% 92.16% 137.4%
Operating Profit -$75.86M -$72.26M -$42.36M -$20.13M -$7.680M -$7.778M -$6.952M -$1.841M -$843.6K -$196.3K $0.00
YoY Change 4.98% 70.57% 110.46% 162.1% -1.26% 11.88% 277.68% 118.21% 329.74%

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 -$14.99M $2.545M -$1.555M -$1.568M $13.00K $20.00 $31.06K -$2.220K $2.800K $130.00 $0.00
YoY Change -689.16% -263.67% -0.83% -12161.54% 64900.0% -99.94% -1499.1% -179.29% 2053.85%
% of Operating Profit
Other Income/Expense, Net $77.00K $87.00K $233.0K $1.055M -$60.00K
YoY Change -11.49% -62.66% -77.91%

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 -$94.08M -$73.81M -$43.69M -$20.64M -$7.667M -$7.778M -$6.921M -$1.843M -$840.8K -$196.2K $0.00
YoY Change 27.47% 68.95% 111.64% 169.23% -1.43% 12.38% 275.54% 119.2% 328.62%
Income Tax -$552.0K -$24.00K $1.791M $0.00 $0.00 -$250.00 $0.00 $0.00 $0.00 -$340.00 $0.00
% Of Pretax Income
Net Earnings -$93.53M -$73.78M -$45.48M -$20.64M -$7.667M -$7.778M -$6.921M -$1.843M -$840.8K -$195.8K $0.00
YoY Change 26.76% 62.24% 120.31% 169.23% -1.43% 12.38% 275.54% 119.2% 329.34%
Net Earnings / Revenue -1735.21% -1668.52% -1931.08% -3040.06% -1726.8% -570.26% -411.73% -390.88% -45.31% -15.12% 0.0%
Basic Earnings Per Share
Diluted Earnings Per Share -$15.48 -$13.57 -$10.70M -$6.163M -$2.708M -$2.812M -$2.500M -$819.1K -$373.7K -$89.08K $0.00

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 $23.96M $10.24M $48.14M $43.20M $8.914M $12.92M $28.45M $196.0K $713.1K $333.1K $100.0K
YoY Change 134.01% -78.73% 11.45% 384.61% -31.02% -54.57% 14413.49% -72.51% 114.07% 233.1%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $8.493M $5.681M $5.512M $1.339M $1.286M $1.269M $87.66K $39.76K $5.840K $10.54K $0.00
YoY Change 49.5% 3.07% 311.65% 4.13% 1.34% 1347.47% 120.47% 580.82% -44.59%
Inventory $22.70M $13.35M $8.399M $5.230M $3.255M $2.003M $420.7K $417.1K $364.5K $690.2K $760.0K
Prepaid Expenses
Receivables $300.0K $1.101M $0.00 $550.0K $75.76K $317.1K $255.6K $222.7K $205.4K $278.6K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $340.7K $279.0K $0.00 $0.00 $0.00
Total Short-Term Assets $55.45M $30.37M $62.05M $50.32M $13.53M $16.51M $29.55M $1.155M $1.289M $1.482M $870.0K
YoY Change 82.58% -51.06% 23.33% 271.87% -18.05% -44.13% 2459.48% -10.41% -13.03% 70.33%
Property, Plant & Equipment $49.10M $31.09M $25.60M $18.02M $10.55M $2.451M $805.0K $613.7K $287.9K $101.5K $120.0K
YoY Change 57.94% 21.47% 42.04% 70.72% 330.64% 204.45% 31.17% 113.16% 183.58% -15.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $355.0K $11.57K $0.00
YoY Change -100.0%
Other Assets $1.200M $449.0K $411.0K $359.0K $225.9K $1.565M
YoY Change 167.26% 9.25% 14.48% 58.94% -85.57%
Total Long-Term Assets $63.64M $49.95M $45.98M $36.26M $21.01M $8.251M $2.108M $788.2K $450.8K $118.2K $130.0K
YoY Change 27.4% 8.65% 26.79% 72.63% 154.57% 291.33% 167.51% 74.85% 281.5% -9.11%
Total Assets $119.1M $80.32M $108.0M $86.58M $34.54M $24.76M $31.66M $1.943M $1.740M $1.600M $1.000M
YoY Change
Accounts Payable $16.56M $9.238M $8.396M $1.710M $1.207M $1.270M $755.7K $0.00
YoY Change 79.21% 10.03% 390.99% 41.65% -4.97% 68.1%
Accrued Expenses $435.0K $382.0K $24.80K $0.00 $10.00K
YoY Change 13.87% -100.0%
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 $8.726M $1.855M $1.638M $1.156M $664.1K $0.00
YoY Change 370.4% 13.25% 41.7% 74.07%
Total Short-Term Liabilities $74.89M $43.21M $13.72M $8.890M $3.580M $2.700M $1.640M $1.681M $260.7K $1.348M $980.0K
YoY Change 73.31% 214.84% 54.38% 148.33% 32.57% 64.64% -2.44% 544.87% -80.66% 37.58%
Long-Term Debt $79.33M $7.336M $7.389M $6.800M $6.080M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 981.37% -0.72% 8.66% 11.85%
Other Long-Term Liabilities $12.94M $217.0K $211.0K $179.0K $25.40K $25.70K
YoY Change 5864.98% 2.84% 17.88% 604.72% -1.17%
Total Long-Term Liabilities $92.27M $7.553M $7.600M $6.979M $6.105M $25.70K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 1121.67% -0.62% 8.9% 14.31% 23655.25%
Total Liabilities $168.4M $52.53M $23.12M $15.87M $9.685M $2.726M $1.640M $1.681M $260.7K $1.348M $980.0K
YoY Change 220.54% 127.25% 45.66% 63.85% 255.27% 66.21% -2.44% 544.87% -80.66% 37.58%

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
Diluted Shares Outstanding
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: $19.324 Million

About Mynaric AG

Mynaric AG engages in the provision of laser communication solutions. The company is headquartered in Gilching, Bayern and currently employs 293 full-time employees. The company went IPO on 2017-10-30. Its wireless data transmission products include Optical Ground Stations, Air-to-Ground, Air-to-Air and Space Terminals, as well as subcomponents and custom solutions. Applications for the Company's products include high altitude networks, secure remote surveillance, downlinks for Earth observation satellites, satellite constellations and Smart City infrastructure, among others. The firm cooperates with the German Aerospace Center (DLR) in research on free-space optical communication. The firm provides centralized services for the Mynaric Group, which consists of Mynaric Lasercom GmbH, Mynaric Systems GmbH and Mynaric USA, Inc a branch in the United States, supporting North American customers on special projects.

Industry: Communications Services, NEC Peers: Lilium N.V.