BIAF Financial Statements

Balance sheet, income statement, cash flow, and dividends for Bioaffinity Technologies Inc (BIAF).


$14.18M Market Cap.

As of 04/01/2025 5:00 PM ET (MRY) • Disclaimer

BIAF Market Cap. (MRY)


BIAF Shares Outstanding (MRY)


BIAF Assets (MRY)


Total Assets

$6.51M

Total Liabilities

$3.91M

Total Investments

$0

BIAF Income (MRY)


Revenue

$9.36M

Net Income

-$9.04M

Operating Expense

$12.33M

BIAF Cash Flow (MRY)


CF Operations

-$7.26M

CF Investing

-$79.08K

CF Financing

$5.63M

BIAF 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%

-

2020

$0

-

-

0%

-

BIAF Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$6,513,667 (-20.77%)

$8,221,552 (-32.51%)

$12,182,125 (738.23%)

$1,453,308 (898.12%)

Assets Current

$2,695,098 (-32.16%)

$3,972,745 (-66.79%)

$11,961,687 (731.69%)

$1,438,233 (1112.11%)

Assets Non-Current

$3,818,569 (-10.13%)

$4,248,807 (1827.44%)

$220,438 (1362.28%)

$15,075 (-44.06%)

Goodwill & Intangible Assets

$2,179,625 (-2.61%)

$2,237,958 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$2,602,036 (-46.41%)

$4,855,255 (-56.03%)

$11,043,443 (169.94%)

-$15,790,719 (-4.76%)

Property Plant & Equipment Net

$1,619,268 (-18.83%)

$1,994,789 (830.24%)

$214,438 (4528.49%)

$4,633 (-50.97%)

Cash & Equivalents

$1,105,291 (-60.83%)

$2,821,570 (-75.28%)

$11,413,759 (738.85%)

$1,360,638 (1537.19%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$24,404 (-26.18%)

$33,058 (0%)

$0 (0%)

$0 (0%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$27,608 (49.36%)

$18,484 (233.65%)

$5,540 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$1,139,204 (40.35%)

$811,674 (7638.34%)

$10,489 (585.56%)

$1,530 (0.00%)

Trade & Non-Trade Payables

$987,311 (63.25%)

$604,789 (75.28%)

$345,042 (49.75%)

$230,407 (20.39%)

Accumulated Retained Earnings (Deficit)

-$53,644,310 (-20.27%)

-$44,604,479 (-21.65%)

-$36,667,468 (-28.60%)

-$28,513,355 (-28.51%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$1,501,194 (-4.91%)

$1,578,639 (527.08%)

$251,746 (-97.78%)

$11,364,409 (13.57%)

Debt Current

$694,468 (50.92%)

$460,171 (82.79%)

$251,746 (-97.75%)

$11,204,225 (12.57%)

Debt Non-Current

$806,726 (-27.87%)

$1,118,468 (0%)

$0 (0%)

$160,184 (199.60%)

Total Liabilities

$3,911,631 (16.20%)

$3,366,297 (195.63%)

$1,138,682 (-91.37%)

$13,199,709 (18.13%)

Liabilities Current

$3,104,905 (38.13%)

$2,247,829 (97.41%)

$1,138,682 (-91.27%)

$13,039,525 (17.25%)

Liabilities Non-Current

$806,726 (-27.87%)

$1,118,468 (0%)

$0 (0%)

$160,184 (199.60%)

BIAF Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$9,362,022 (269.68%)

$2,532,499 (52627.44%)

$4,803 (0%)

$0 (0%)

Cost of Revenue

$5,983,475 (243.70%)

$1,740,884 (372680.30%)

$467 (0%)

$0 (0%)

Selling General & Administrative Expense

$9,943,473 (46.43%)

$6,790,654 (149.01%)

$2,727,071 (155.14%)

$1,068,871 (7.50%)

Research & Development Expense

$1,461,227 (-0.46%)

$1,467,936 (28.45%)

$1,142,777 (13.43%)

$1,007,476 (-28.81%)

Operating Expenses

$12,331,992 (40.70%)

$8,764,843 (118.28%)

$4,015,394 (81.95%)

$2,206,822 (-15.27%)

Interest Expense

$92,475 (149.09%)

$37,125 (-98.53%)

$2,532,640 (152.80%)

$1,001,854 (162.15%)

Income Tax Expense

$11,650 (-44.51%)

$20,993 (753.72%)

$2,459 (26.10%)

$1,950 (-29.09%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$9,039,831 (-13.89%)

-$7,937,011 (2.66%)

-$8,154,113 (-28.89%)

-$6,326,413 (12.96%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$9,039,831 (-13.89%)

-$7,937,011 (2.66%)

-$8,154,113 (-28.89%)

-$6,326,413 (12.96%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$9,039,831 (-13.89%)

-$7,937,011 (2.66%)

-$8,154,113 (-28.89%)

-$6,326,413 (12.96%)

Weighted Average Shares

$12,125,029 (38.61%)

$8,747,509 (94.43%)

$4,498,964 (68.17%)

$2,675,270 (0.01%)

Weighted Average Shares Diluted

$12,125,029 (38.61%)

$8,747,509 (94.43%)

$4,498,964 (68.17%)

$2,675,270 (0.01%)

Earning Before Interest & Taxes (EBIT)

-$8,935,706 (-13.41%)

-$7,878,893 (-40.22%)

-$5,619,014 (-5.57%)

-$5,322,609 (22.68%)

Gross Profit

$3,378,547 (326.79%)

$791,615 (18156.80%)

$4,336 (0%)

$0 (0%)

Operating Income

-$8,953,445 (-12.29%)

-$7,973,228 (-98.78%)

-$4,011,058 (-81.76%)

-$2,206,822 (15.27%)

BIAF Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$79,083 (96.42%)

-$2,209,399 (-904.33%)

-$219,987 (0%)

$0 (0%)

Net Cash Flow from Financing

$5,627,599 (1731.26%)

-$344,984 (-102.41%)

$14,343,953 (331.20%)

$3,326,508 (93.95%)

Net Cash Flow from Operations

-$7,264,795 (-20.32%)

-$6,037,806 (-48.32%)

-$4,070,845 (-98.68%)

-$2,048,978 (7.19%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$1,716,279 (80.03%)

-$8,592,189 (-185.47%)

$10,053,121 (686.92%)

$1,277,530 (357.89%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

-$2,186,497 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$79,083 (-245.31%)

-$22,902 (89.59%)

-$219,987 (0%)

$0 (0%)

Issuance (Repayment) of Debt Securities

-$169,332 (50.92%)

-$344,984 (-165.27%)

$528,514 (-84.11%)

$3,326,508 (93.95%)

Issuance (Purchase) of Equity Shares

$5,796,931 (0%)

$0 (0%)

$6,102,129 (0%)

$0 (0%)

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

$989,681 (32.16%)

$748,823 (201.23%)

$248,592 (477.96%)

$43,012 (-84.40%)

Depreciation Amortization & Accretion

$605,637 (142.65%)

$249,592 (2351.31%)

$10,182 (111.38%)

$4,817 (-78.34%)

BIAF Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

36.10% (15.34%)

31.30% (-65.34%)

90.30%

-

Profit Margin

-96.60% (69.18%)

-313.40% (99.82%)

-169771.20%

-

EBITDA Margin

-89.00% (70.46%)

-301.30% (99.74%)

-116777.70%

-

Return on Average Equity (ROAE)

-250.90% (-134.05%)

-107.20% (-132.44%)

330.50% (706.10%)

41.00%

Return on Average Assets (ROAA)

-130.20% (-54.82%)

-84.10% (26.42%)

-114.30% (85.56%)

-791.30%

Return on Sales (ROS)

-95.40% (69.33%)

-311.10% (99.73%)

-116989.70%

-

Return on Invested Capital (ROIC)

-348.70% (35.46%)

-540.30% (-188.21%)

612.50% (51.53%)

404.20%

Dividend Yield

0% (0%)

0% (0%)

0%

-

Price to Earnings Ratio (P/E)

-1.21 (24.94%)

-1.62 (-82.81%)

-0.88

-

Price to Sales Ratio (P/S)

1.18 (-76.79%)

5.08 (-99.66%)

1,498.72

-

Price to Book Ratio (P/B)

5.45 (89.37%)

2.88 (137.26%)

1.21

-

Debt to Equity Ratio (D/E)

1.5 (116.88%)

0.69 (572.82%)

0.1 (112.32%)

-0.84 (-12.82%)

Earnings Per Share (EPS)

-0.75 (17.58%)

-0.91 (49.72%)

-1.81 (23.31%)

-2.36 (13.55%)

Sales Per Share (SPS)

0.77 (166.21%)

0.29 (28900.00%)

0 (0%)

0 (0%)

Free Cash Flow Per Share (FCFPS)

-0.61 (12.55%)

-0.69 (27.36%)

-0.95 (-24.54%)

-0.77 (7.26%)

Book Value Per Share (BVPS)

0.21 (-61.26%)

0.56 (-77.39%)

2.46 (141.60%)

-5.9 (-4.74%)

Tangible Assets Book Value Per Share (TABVPS)

0.36 (-47.81%)

0.68 (-74.74%)

2.71 (398.71%)

0.54 (905.56%)

Enterprise Value Over EBIT (EV/EBIT)

-2 (-100.00%)

-1 (0%)

0

-

Enterprise Value Over EBITDA (EV/EBITDA)

-1.82 (-24.44%)

-1.46 (-1059.52%)

-0.13

-

Asset Turnover

1.35 (402.99%)

0.27 (26700.00%)

0 (0%)

0

Current Ratio

0.87 (-50.88%)

1.77 (-83.18%)

10.51 (9450.00%)

0.11 (900.00%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$7,343,878 (-21.17%)

-$6,060,708 (-41.25%)

-$4,290,832 (-109.41%)

-$2,048,978 (7.31%)

Enterprise Value (EV)

$15,144,834 (35.83%)

$11,149,924 (1473.12%)

$708,779

-

Earnings Before Tax (EBT)

-$9,028,181 (-14.05%)

-$7,916,018 (2.89%)

-$8,151,654 (-28.89%)

-$6,324,463 (12.96%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$8,330,069 (-9.19%)

-$7,629,301 (-36.02%)

-$5,608,832 (-5.47%)

-$5,317,792 (22.50%)

Invested Capital

$1,625,040 (-34.81%)

$2,492,834 (2202.42%)

-$118,570 (92.51%)

-$1,582,446 (-50.49%)

Working Capital

-$409,807 (-123.76%)

$1,724,916 (-84.06%)

$10,823,005 (193.29%)

-$11,601,292 (-5.45%)

Tangible Asset Value

$4,334,042 (-27.57%)

$5,983,594 (-50.88%)

$12,182,125 (738.23%)

$1,453,308 (898.12%)

Market Capitalization

$14,182,018 (1.50%)

$13,973,048 (4.34%)

$13,391,600

-

Average Equity

$3,603,306 (-51.33%)

$7,403,944 (400.08%)

-$2,467,291 (84.01%)

-$15,431,791

Average Assets

$6,942,849 (-26.43%)

$9,437,271 (32.27%)

$7,134,644 (792.44%)

$799,456

Invested Capital Average

$2,562,606 (75.73%)

$1,458,271 (258.97%)

-$917,341 (30.35%)

-$1,316,986

Shares

15,584,635 (64.01%)

9,502,243 (13.53%)

8,369,750 (99.62%)

4,192,919