$137.87M Market Cap.
ADAP Market Cap. (MRY)
ADAP Shares Outstanding (MRY)
ADAP Assets (MRY)
Total Assets
$245.96M
Total Liabilities
$234.11M
Total Investments
$60.47M
ADAP Income (MRY)
Revenue
$178.03M
Net Income
-$70.81M
Operating Expense
$246.72M
ADAP Cash Flow (MRY)
CF Operations
-$73.21M
CF Investing
-$58.95M
CF Financing
$78.75M
ADAP Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0 | 0% | 0% | 0% | - |
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | 0% | - | 0% | - |
ADAP Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $245,963,000 (-12.97%) | $282,616,000 (-14.08%) | $328,916,000 (-29.95%) | $469,545,000 (4.08%) |
Assets Current | $188,169,000 (-9.34%) | $207,552,000 (-18.72%) | $255,370,000 (-38.53%) | $415,458,000 (4.35%) |
Assets Non-Current | $57,794,000 (-23.01%) | $75,064,000 (2.06%) | $73,546,000 (35.98%) | $54,087,000 (2.07%) |
Goodwill & Intangible Assets | $3,880,000 (1075.76%) | $330,000 (-25.34%) | $442,000 (-55.80%) | $1,000,000 (-42.20%) |
Shareholders Equity | $11,849,000 (-70.01%) | $39,513,000 (-51.74%) | $81,878,000 (-60.25%) | $205,960,000 (-39.64%) |
Property Plant & Equipment Net | $51,218,000 (-28.57%) | $71,708,000 (0.24%) | $71,535,000 (39.26%) | $51,369,000 (10.10%) |
Cash & Equivalents | $93,206,000 (-36.60%) | $147,017,000 (34.14%) | $109,602,000 (-27.73%) | $151,666,000 (146.68%) |
Accumulated Other Comprehensive Income | -$1,902,000 (49.25%) | -$3,748,000 (-328.34%) | -$875,000 (92.15%) | -$11,142,000 (-10.89%) |
Deferred Revenue | $108,111,000 (-39.27%) | $178,033,000 (-3.46%) | $184,412,000 (-7.53%) | $199,422,000 (282.83%) |
Total Investments | $60,466,000 (1951.78%) | $2,947,000 (-96.95%) | $96,572,000 (-56.03%) | $219,632,000 (-29.45%) |
Investments Current | $60,466,000 (1951.78%) | $2,947,000 (-96.95%) | $96,572,000 (-56.03%) | $219,632,000 (-29.45%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $7,320,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $1,454,000 (77.10%) | $821,000 (-88.96%) | $7,435,000 (888.70%) | $752,000 (441.01%) |
Trade & Non-Trade Payables | $8,692,000 (6.94%) | $8,128,000 (71.01%) | $4,753,000 (-41.42%) | $8,113,000 (26.98%) |
Accumulated Retained Earnings (Deficit) | -$1,093,987,000 (-6.92%) | -$1,023,173,000 (-12.52%) | -$909,302,000 (-22.24%) | -$743,846,000 (-26.99%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $74,209,000 (194.07%) | $25,235,000 (9.35%) | $23,077,000 (-9.39%) | $25,468,000 (7.41%) |
Debt Current | $4,709,000 (-12.54%) | $5,384,000 (97.36%) | $2,728,000 (17.59%) | $2,320,000 (-16.34%) |
Debt Non-Current | $69,500,000 (250.11%) | $19,851,000 (-2.45%) | $20,349,000 (-12.09%) | $23,148,000 (10.55%) |
Total Liabilities | $234,114,000 (-3.70%) | $243,103,000 (-1.59%) | $247,038,000 (-6.28%) | $263,585,000 (139.81%) |
Liabilities Current | $64,527,000 (-11.35%) | $72,788,000 (12.85%) | $64,501,000 (3.13%) | $62,541,000 (60.06%) |
Liabilities Non-Current | $169,587,000 (-0.43%) | $170,315,000 (-6.70%) | $182,537,000 (-9.21%) | $201,044,000 (183.79%) |
ADAP Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $178,032,000 (195.34%) | $60,281,000 (122.05%) | $27,148,000 (341.50%) | $6,149,000 (55.36%) |
Cost of Revenue | $70,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $87,261,000 (18.70%) | $73,513,000 (15.97%) | $63,387,000 (10.61%) | $57,305,000 (25.13%) |
Research & Development Expense | $149,060,000 (17.83%) | $126,509,000 (-0.95%) | $127,726,000 (14.98%) | $111,090,000 (21.32%) |
Operating Expenses | $246,722,000 (23.35%) | $200,022,000 (4.66%) | $191,113,000 (13.49%) | $168,395,000 (22.59%) |
Interest Expense | $3,348,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $3,576,000 (167.66%) | $1,336,000 (-46.50%) | $2,497,000 (215.68%) | $791,000 (388.27%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$70,814,000 (37.81%) | -$113,871,000 (31.18%) | -$165,456,000 (-4.66%) | -$158,090,000 (-21.52%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$70,814,000 (37.81%) | -$113,871,000 (31.18%) | -$165,456,000 (-4.66%) | -$158,090,000 (-21.52%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$70,814,000 (37.81%) | -$113,871,000 (31.18%) | -$165,456,000 (-4.66%) | -$158,090,000 (-21.52%) |
Weighted Average Shares | $1,513,810,852 (25.48%) | $1,206,440,978 (24.73%) | $967,242,403 (3.47%) | $934,833,017 (9.36%) |
Weighted Average Shares Diluted | $1,513,810,852 (25.48%) | $1,206,440,978 (24.73%) | $967,242,403 (3.47%) | $934,833,017 (9.36%) |
Earning Before Interest & Taxes (EBIT) | -$63,890,000 (43.23%) | -$112,535,000 (30.94%) | -$162,959,000 (-3.60%) | -$157,299,000 (-21.06%) |
Gross Profit | $177,962,000 (195.22%) | $60,281,000 (122.05%) | $27,148,000 (341.50%) | $6,149,000 (55.36%) |
Operating Income | -$68,760,000 (50.79%) | -$139,741,000 (14.77%) | -$163,965,000 (-1.06%) | -$162,246,000 (-21.62%) |
ADAP Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$58,952,000 (-133.39%) | $176,538,000 (98.05%) | $89,137,000 (17.59%) | $75,800,000 (127.18%) |
Net Cash Flow from Financing | $78,749,000 (8848.75%) | $880,000 (-93.16%) | $12,867,000 (291.33%) | $3,288,000 (-99.03%) |
Net Cash Flow from Operations | -$73,206,000 (48.04%) | -$140,880,000 (0.63%) | -$141,769,000 (-1421.36%) | $10,729,000 (120.02%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$53,811,000 (-243.82%) | $37,415,000 (188.95%) | -$42,064,000 (-146.64%) | $90,182,000 (1271.38%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $45,264,000 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$56,361,000 (-141.74%) | $135,030,000 (13.59%) | $118,877,000 (40.55%) | $84,581,000 (130.64%) |
Capital Expenditure | -$886,000 (81.07%) | -$4,681,000 (84.13%) | -$29,496,000 (-244.02%) | -$8,574,000 (-266.25%) |
Issuance (Repayment) of Debt Securities | $49,500,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $29,249,000 (3223.75%) | $880,000 (-93.16%) | $12,867,000 (291.33%) | $3,288,000 (-99.03%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$402,000 (-145.84%) | $877,000 (138.15%) | -$2,299,000 (-729.86%) | $365,000 (138.02%) |
Share Based Compensation | $12,051,000 (2.36%) | $11,773,000 (-35.46%) | $18,240,000 (-11.58%) | $20,629,000 (98.09%) |
Depreciation Amortization & Accretion | $11,225,000 (14.08%) | $9,840,000 (61.98%) | $6,075,000 (-7.49%) | $6,567,000 (-13.52%) |
ADAP Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | -39.80% (78.93%) | -188.90% (69.01%) | -609.50% (76.29%) | -2571.00% (21.78%) |
EBITDA Margin | -29.60% (82.63%) | -170.40% (70.51%) | -577.90% (76.42%) | -2451.30% (20.69%) |
Return on Average Equity (ROAE) | -133.30% (1.04%) | -134.70% (-1.81%) | -132.30% (-116.18%) | -61.20% (-54.16%) |
Return on Average Assets (ROAA) | -24.80% (34.04%) | -37.60% (16.44%) | -45.00% (-15.68%) | -38.90% (-29.24%) |
Return on Sales (ROS) | -35.90% (80.77%) | -186.70% (68.90%) | -600.30% (76.53%) | -2558.10% (22.07%) |
Return on Invested Capital (ROIC) | -50.50% (35.01%) | -77.70% (-8.52%) | -71.60% (-42.35%) | -50.30% (-26.70%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -1.8 (-22.26%) | -1.47 (-2.66%) | -1.43 (61.07%) | -3.68 (38.62%) |
Price to Sales Ratio (P/S) | 0.76 (-71.13%) | 2.65 (-69.48%) | 8.67 (-90.88%) | 95.04 (-51.02%) |
Price to Book Ratio (P/B) | 11.64 (155.23%) | 4.56 (56.02%) | 2.92 (2.71%) | 2.85 (16.36%) |
Debt to Equity Ratio (D/E) | 19.76 (221.16%) | 6.15 (103.91%) | 3.02 (135.70%) | 1.28 (297.52%) |
Earnings Per Share (EPS) | -0.3 (44.44%) | -0.54 (47.06%) | -1.02 (0.00%) | -1.02 (-13.33%) |
Sales Per Share (SPS) | 0.7 (135.00%) | 0.3 (78.57%) | 0.17 (330.77%) | 0.04 (39.29%) |
Free Cash Flow Per Share (FCFPS) | -0.29 (59.39%) | -0.72 (31.83%) | -1.06 (-7685.71%) | 0.01 (103.56%) |
Book Value Per Share (BVPS) | 0.05 (-76.02%) | 0.2 (-61.42%) | 0.51 (-61.57%) | 1.32 (-44.80%) |
Tangible Assets Book Value Per Share (TABVPS) | 0.96 (-31.70%) | 1.4 (-31.08%) | 2.04 (-32.26%) | 3.01 (-4.66%) |
Enterprise Value Over EBIT (EV/EBIT) | -1 (0.00%) | -1 (0.00%) | -1 (75.00%) | -4 (33.33%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -1.76 (-60.89%) | -1.1 (4.86%) | -1.15 (69.36%) | -3.76 (40.62%) |
Asset Turnover | 0.62 (213.07%) | 0.2 (168.92%) | 0.07 (393.33%) | 0.01 (66.67%) |
Current Ratio | 2.92 (2.28%) | 2.85 (-27.99%) | 3.96 (-40.40%) | 6.64 (-34.81%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$74,092,000 (49.10%) | -$145,561,000 (15.01%) | -$171,265,000 (-8047.33%) | $2,155,000 (103.85%) |
Enterprise Value (EV) | $92,944,852 (-17.51%) | $112,672,448 (-37.72%) | $180,925,204 (-68.10%) | $567,218,378 (-26.83%) |
Earnings Before Tax (EBT) | -$67,238,000 (40.25%) | -$112,535,000 (30.94%) | -$162,959,000 (-3.60%) | -$157,299,000 (-21.06%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$52,665,000 (48.72%) | -$102,695,000 (34.54%) | -$156,884,000 (-4.08%) | -$150,732,000 (-23.21%) |
Invested Capital | $158,559,000 (80.76%) | $87,716,000 (-50.57%) | $177,448,000 (-36.58%) | $279,806,000 (-24.90%) |
Working Capital | $123,642,000 (-8.25%) | $134,764,000 (-29.39%) | $190,869,000 (-45.92%) | $352,917,000 (-1.72%) |
Tangible Asset Value | $242,083,000 (-14.24%) | $282,286,000 (-14.06%) | $328,474,000 (-29.89%) | $468,545,000 (4.26%) |
Market Capitalization | $137,871,852 (-23.47%) | $180,143,448 (-24.70%) | $239,238,204 (-59.17%) | $585,882,378 (-29.79%) |
Average Equity | $53,121,750 (-37.17%) | $84,542,250 (-32.40%) | $125,069,250 (-51.62%) | $258,509,750 (-21.13%) |
Average Assets | $285,777,750 (-5.55%) | $302,579,750 (-17.62%) | $367,296,750 (-9.56%) | $406,111,750 (-5.97%) |
Invested Capital Average | $126,468,000 (-12.67%) | $144,821,750 (-36.41%) | $227,735,750 (-27.20%) | $312,814,500 (-4.51%) |
Shares | 1,535,299,242 (12.66%) | 1,362,729,582 (38.63%) | 982,974,108 (4.88%) | 937,224,360 (0.92%) |
