$459.67M Market Cap.
ARCT Market Cap. (MRY)
ARCT Shares Outstanding (MRY)
ARCT Assets (MRY)
Total Assets
$344.07M
Total Liabilities
$103.09M
Total Investments
$1.89M
ARCT Income (MRY)
Revenue
$152.31M
Net Income
-$80.94M
Operating Expense
$247.98M
ARCT Cash Flow (MRY)
CF Operations
-$59.75M
CF Investing
-$648.00K
CF Financing
$5.42M
ARCT 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% | - |
ARCT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $344,069,000 (-19.87%) | $429,402,000 (-4.66%) | $450,387,000 (14.66%) | $392,814,000 (-17.56%) |
Assets Current | $305,979,000 (-20.85%) | $386,590,000 (-4.15%) | $403,333,000 (6.43%) | $378,961,000 (-18.99%) |
Assets Non-Current | $38,090,000 (-11.03%) | $42,812,000 (-9.02%) | $47,054,000 (239.67%) | $13,853,000 (59.84%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $240,978,000 (-13.48%) | $278,513,000 (3.03%) | $270,312,000 (18.45%) | $228,211,000 (-42.45%) |
Property Plant & Equipment Net | $36,205,000 (-11.54%) | $40,927,000 (-8.97%) | $44,960,000 (299.25%) | $11,261,000 (31.55%) |
Cash & Equivalents | $292,028,000 (-15.84%) | $347,005,000 (-11.45%) | $391,883,000 (5.77%) | $370,492,000 (-19.96%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $32,118,000 (-63.22%) | $87,325,000 (79.24%) | $48,719,000 (-23.17%) | $63,413,000 (107.10%) |
Total Investments | $1,885,000 (0.00%) | $1,885,000 (-9.98%) | $2,094,000 (-19.21%) | $2,592,000 (2322.43%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $1,885,000 (0.00%) | $1,885,000 (-9.98%) | $2,094,000 (-19.21%) | $2,592,000 (2322.43%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $3,974,000 (-87.61%) | $32,064,000 (1060.06%) | $2,764,000 (-17.91%) | $3,367,000 (58.45%) |
Trade & Non-Trade Payables | $7,194,000 (36.28%) | $5,279,000 (-29.13%) | $7,449,000 (-25.94%) | $10,058,000 (-6.65%) |
Accumulated Retained Earnings (Deficit) | -$448,807,000 (-22.00%) | -$367,866,000 (-8.79%) | -$338,141,000 (2.69%) | -$347,490,000 (-141.62%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $24,998,000 (-3.51%) | $25,907,000 (-71.49%) | $90,871,000 (34.41%) | $67,609,000 (253.60%) |
Debt Current | $0 (0%) | $0 (0%) | $60,655,000 (169.89%) | $22,474,000 (1697.92%) |
Debt Non-Current | $24,998,000 (-3.51%) | $25,907,000 (-14.26%) | $30,216,000 (-33.05%) | $45,135,000 (152.57%) |
Total Liabilities | $103,091,000 (-31.68%) | $150,889,000 (-16.21%) | $180,075,000 (9.40%) | $164,603,000 (106.00%) |
Liabilities Current | $65,489,000 (-20.12%) | $81,989,000 (-35.43%) | $126,984,000 (27.57%) | $99,537,000 (101.00%) |
Liabilities Non-Current | $37,602,000 (-45.43%) | $68,900,000 (29.78%) | $53,091,000 (-18.40%) | $65,066,000 (114.16%) |
ARCT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $152,310,000 (-8.69%) | $166,799,000 (-19.03%) | $205,999,000 (1566.79%) | $12,359,000 (29.56%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $52,823,000 (-0.09%) | $52,871,000 (14.76%) | $46,071,000 (11.15%) | $41,451,000 (78.54%) |
Research & Development Expense | $195,156,000 (1.57%) | $192,133,000 (30.04%) | $147,751,000 (-14.97%) | $173,760,000 (200.38%) |
Operating Expenses | $247,979,000 (1.21%) | $245,004,000 (26.41%) | $193,822,000 (-9.94%) | $215,211,000 (165.49%) |
Interest Expense | -$15,195,000 (8.41%) | -$16,591,000 (-4050.24%) | $420,000 (-78.14%) | $1,921,000 (432.13%) |
Income Tax Expense | -$4,000 (-100.22%) | $1,835,000 (41.70%) | $1,295,000 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$80,941,000 (-172.30%) | -$29,725,000 (-417.95%) | $9,349,000 (104.59%) | -$203,674,000 (-182.30%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$80,941,000 (-172.30%) | -$29,725,000 (-417.95%) | $9,349,000 (104.59%) | -$203,674,000 (-182.30%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$80,941,000 (-172.30%) | -$29,725,000 (-417.95%) | $9,349,000 (104.59%) | -$203,674,000 (-182.30%) |
Weighted Average Shares | $27,000,000 (1.40%) | $26,628,000 (0.69%) | $26,445,000 (0.49%) | $26,317,000 (29.61%) |
Weighted Average Shares Diluted | $27,000,000 (1.40%) | $26,628,000 (-1.72%) | $27,093,000 (2.95%) | $26,317,000 (29.61%) |
Earning Before Interest & Taxes (EBIT) | -$96,140,000 (-116.14%) | -$44,481,000 (-502.03%) | $11,064,000 (105.48%) | -$201,753,000 (-181.04%) |
Gross Profit | $152,310,000 (-8.69%) | $166,799,000 (-19.03%) | $205,999,000 (1566.79%) | $12,359,000 (29.56%) |
Operating Income | -$95,669,000 (-22.33%) | -$78,205,000 (-742.24%) | $12,177,000 (106.00%) | -$202,852,000 (-183.61%) |
ARCT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$648,000 (77.66%) | -$2,901,000 (62.45%) | -$7,726,000 (-126.83%) | -$3,406,000 (-95.52%) |
Net Cash Flow from Financing | $5,418,000 (122.49%) | -$24,087,000 (-742.50%) | -$2,859,000 (-105.95%) | $48,016,000 (-88.99%) |
Net Cash Flow from Operations | -$59,747,000 (-230.11%) | -$18,099,000 (-156.57%) | $31,993,000 (123.69%) | -$135,043,000 (-215.07%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$54,977,000 (-21.94%) | -$45,087,000 (-310.61%) | $21,408,000 (123.67%) | -$90,433,000 (-123.10%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$648,000 (77.66%) | -$2,901,000 (62.45%) | -$7,726,000 (-126.83%) | -$3,406,000 (-95.52%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | -$27,364,000 (-447.28%) | -$5,000,000 (-110.73%) | $46,599,000 (0%) |
Issuance (Purchase) of Equity Shares | $5,418,000 (65.33%) | $3,277,000 (53.06%) | $2,141,000 (51.09%) | $1,417,000 (-99.68%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $37,988,000 (9.64%) | $34,649,000 (13.19%) | $30,611,000 (5.87%) | $28,915,000 (327.48%) |
Depreciation Amortization & Accretion | $3,544,000 (19.85%) | $2,957,000 (93.65%) | $1,527,000 (28.00%) | $1,193,000 (35.26%) |
ARCT 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 | -53.10% (-198.31%) | -17.80% (-495.56%) | 4.50% (100.27%) | -1648.00% (-117.90%) |
EBITDA Margin | -60.80% (-144.18%) | -24.90% (-508.20%) | 6.10% (100.38%) | -1622.80% (-118.32%) |
Return on Average Equity (ROAE) | -31.60% (-212.87%) | -10.10% (-310.42%) | 4.80% (106.75%) | -71.10% (-89.60%) |
Return on Average Assets (ROAA) | -21.30% (-222.73%) | -6.60% (-353.85%) | 2.60% (105.60%) | -46.40% (-63.96%) |
Return on Sales (ROS) | -63.10% (-136.33%) | -26.70% (-594.44%) | 5.40% (100.33%) | -1632.40% (-116.90%) |
Return on Invested Capital (ROIC) | -899.50% (-750.99%) | -105.70% (-414.58%) | 33.60% (-98.81%) | 2819.90% (205.52%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -5.66 (79.91%) | -28.15 (-158.10%) | 48.46 (1113.32%) | -4.78 (60.87%) |
Price to Sales Ratio (P/S) | 3.01 (-40.23%) | 5.03 (131.19%) | 2.18 (-97.24%) | 78.81 (-14.65%) |
Price to Book Ratio (P/B) | 1.91 (-36.93%) | 3.02 (82.01%) | 1.66 (-61.12%) | 4.28 (59.57%) |
Debt to Equity Ratio (D/E) | 0.43 (-21.03%) | 0.54 (-18.62%) | 0.67 (-7.63%) | 0.72 (258.71%) |
Earnings Per Share (EPS) | -3 (-167.86%) | -1.12 (-420.00%) | 0.35 (104.52%) | -7.74 (-118.03%) |
Sales Per Share (SPS) | 5.64 (-9.95%) | 6.26 (-19.59%) | 7.79 (1557.45%) | 0.47 (0.00%) |
Free Cash Flow Per Share (FCFPS) | -2.24 (-183.52%) | -0.79 (-185.95%) | 0.92 (117.45%) | -5.26 (-139.46%) |
Book Value Per Share (BVPS) | 8.93 (-14.67%) | 10.46 (2.32%) | 10.22 (17.87%) | 8.67 (-55.60%) |
Tangible Assets Book Value Per Share (TABVPS) | 12.74 (-20.98%) | 16.13 (-5.31%) | 17.03 (14.10%) | 14.93 (-36.39%) |
Enterprise Value Over EBIT (EV/EBIT) | -2 (83.33%) | -12 (-144.44%) | 27 (1000.00%) | -3 (72.73%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -2.09 (84.01%) | -13.07 (-154.38%) | 24.03 (891.34%) | -3.04 (72.20%) |
Asset Turnover | 0.4 (7.24%) | 0.37 (-35.58%) | 0.58 (1967.86%) | 0.03 (-24.32%) |
Current Ratio | 4.67 (-0.91%) | 4.71 (48.46%) | 3.18 (-16.57%) | 3.81 (-59.70%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$60,395,000 (-187.60%) | -$21,000,000 (-186.54%) | $24,267,000 (117.53%) | -$138,449,000 (-210.40%) |
Enterprise Value (EV) | $193,481,482 (-64.35%) | $542,686,658 (79.34%) | $302,601,058 (-50.31%) | $609,002,882 (-21.39%) |
Earnings Before Tax (EBT) | -$80,945,000 (-190.23%) | -$27,890,000 (-362.03%) | $10,644,000 (105.23%) | -$203,674,000 (-182.30%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$92,596,000 (-122.99%) | -$41,524,000 (-429.79%) | $12,591,000 (106.28%) | -$200,560,000 (-182.86%) |
Invested Capital | $11,550,000 (-56.11%) | $26,315,000 (17.52%) | $22,391,000 (333.09%) | -$9,606,000 (42.96%) |
Working Capital | $240,490,000 (-21.05%) | $304,601,000 (10.22%) | $276,349,000 (-1.10%) | $279,424,000 (-33.19%) |
Tangible Asset Value | $344,069,000 (-19.87%) | $429,402,000 (-4.66%) | $450,387,000 (14.66%) | $392,814,000 (-17.56%) |
Market Capitalization | $459,672,482 (-45.45%) | $842,586,658 (87.53%) | $449,319,058 (-53.94%) | $975,602,882 (-8.18%) |
Average Equity | $256,349,750 (-12.58%) | $293,249,500 (52.05%) | $192,861,250 (-32.66%) | $286,398,000 (49.05%) |
Average Assets | $380,545,000 (-14.89%) | $447,140,250 (25.69%) | $355,754,000 (-19.04%) | $439,407,750 (72.15%) |
Invested Capital Average | $10,687,750 (-74.60%) | $42,077,000 (27.73%) | $32,942,250 (560.44%) | -$7,154,500 (-366.34%) |
Shares | 27,087,359 (1.36%) | 26,723,332 (0.87%) | 26,492,869 (0.50%) | 26,360,521 (7.62%) |
