$90.60M Market Cap.
FORA Market Cap. (MRY)
FORA Shares Outstanding (MRY)
FORA Assets (MRY)
Total Assets
$58.89M
Total Liabilities
$32.71M
Total Investments
$42.30M
FORA Income (MRY)
Revenue
$20.48M
Net Income
$11.11M
Operating Expense
$20.60M
FORA Cash Flow (MRY)
CF Operations
$728.82K
CF Investing
$7.12M
CF Financing
-$4.60M
FORA Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | - | 0% | 0% | - |
2019 | $0 | - | - | - | - |
FORA Balance Sheet (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
Total Assets | $58,888,612 (27.30%) | $46,258,167 (-18.62%) | $56,842,361 (352.77%) | $12,554,341 (6911.84%) |
Assets Current | $57,277,915 (112.80%) | $26,916,028 (-25.20%) | $35,985,766 (187.70%) | $12,507,983 (7021.94%) |
Assets Non-Current | $1,610,697 (-91.67%) | $19,342,139 (-7.26%) | $20,856,595 (44890.28%) | $46,358 (1255.89%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $18,150,556 (0%) | $0 (0%) |
Shareholders Equity | $26,179,806 (110.75%) | $12,422,476 (-50.65%) | $25,171,265 (123.40%) | $11,267,115 (4109.21%) |
Property Plant & Equipment Net | $86,749 (-19.37%) | $107,590 (-95.50%) | $2,391,596 (5058.97%) | $46,358 (1255.89%) |
Cash & Equivalents | $6,042,986 (116.15%) | $2,795,743 (-85.02%) | $18,663,805 (2704.63%) | $665,463 (134609.11%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $2,413,551 (-6.50%) | $2,581,287 (164.40%) | $976,268 (514.45%) | $158,884 (0%) |
Total Investments | $42,296,589 (143.13%) | $17,396,487 (40.30%) | $12,399,361 (7.80%) | $11,501,844 (7579.83%) |
Investments Current | $42,296,589 (143.13%) | $17,396,487 (40.30%) | $12,399,361 (7.80%) | $11,501,844 (7579.83%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $2,572,931 (42.23%) | $1,809,028 (-7.11%) | $1,947,540 (8369.04%) | $22,996 (0%) |
Trade & Non-Trade Payables | $161,590 (-48.88%) | $316,105 (-71.90%) | $1,125,067 (73.73%) | $647,601 (10018.77%) |
Accumulated Retained Earnings (Deficit) | -$47,685,414 (18.89%) | -$58,792,101 (-79.13%) | -$32,820,130 (-423.53%) | -$6,269,025 (-386.41%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $24,880,845 (-1.03%) | $25,139,107 (0.03%) | $25,132,418 (0%) | $0 (0%) |
Debt Current | $10,664 (-50.63%) | $21,600 (-91.71%) | $260,447 (0%) | $0 (0%) |
Debt Non-Current | $24,870,181 (-0.98%) | $25,117,507 (0.99%) | $24,871,971 (0%) | $0 (0%) |
Total Liabilities | $32,708,806 (-3.33%) | $33,835,691 (6.83%) | $31,671,096 (2360.41%) | $1,287,226 (179.79%) |
Liabilities Current | $6,838,625 (-18.13%) | $8,352,575 (22.85%) | $6,799,125 (428.20%) | $1,287,226 (179.79%) |
Liabilities Non-Current | $25,870,181 (1.52%) | $25,483,116 (2.46%) | $24,871,971 (0%) | $0 (0%) |
FORA Income Statement (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
Revenues | $20,481,330 (-26.87%) | $28,005,857 (65.91%) | $16,879,715 (2997.93%) | $544,871 (0%) |
Cost of Revenue | $5,477,032 (-20.33%) | $6,874,315 (45.73%) | $4,717,175 (12218.64%) | $38,293 (0%) |
Selling General & Administrative Expense | $18,517,460 (-29.86%) | $26,400,167 (-4.37%) | $27,606,457 (1209.17%) | $2,108,705 (353.78%) |
Research & Development Expense | $1,407,580 (-88.60%) | $12,347,637 (37.57%) | $8,975,745 (257.65%) | $2,509,666 (203.29%) |
Operating Expenses | $20,599,310 (-56.38%) | $47,219,273 (18.70%) | $39,779,297 (624.53%) | $5,490,335 (324.89%) |
Interest Expense | $834,785 (-4.41%) | $873,336 (170.90%) | $322,379 (0%) | $0 (0%) |
Income Tax Expense | $85,740 (257.55%) | $23,980 (6.53%) | $22,511 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | -$9,373,257 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $11,106,687 (142.76%) | -$25,971,971 (2.18%) | -$26,551,105 (-433.14%) | -$4,980,183 (-286.41%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $11,106,687 (142.76%) | -$25,971,971 (2.18%) | -$26,551,105 (-433.14%) | -$4,980,183 (-286.41%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $11,106,687 (142.76%) | -$25,971,971 (2.18%) | -$26,551,105 (-433.14%) | -$4,980,183 (-286.41%) |
Weighted Average Shares | $32,030,855 (-0.00%) | $32,031,096 (8.48%) | $29,527,608 (123.87%) | $13,189,623 (-57.92%) |
Weighted Average Shares Diluted | $32,230,845 (0.62%) | $32,031,096 (8.48%) | $29,527,608 (123.87%) | $13,189,623 |
Earning Before Interest & Taxes (EBIT) | $12,027,212 (147.97%) | -$25,074,655 (4.32%) | -$26,206,215 (-426.21%) | -$4,980,183 (-286.41%) |
Gross Profit | $15,004,298 (-29.00%) | $21,131,542 (73.74%) | $12,162,540 (2300.92%) | $506,578 (0%) |
Operating Income | -$5,595,012 (78.55%) | -$26,087,731 (5.54%) | -$27,616,757 (-454.14%) | -$4,983,757 (-285.69%) |
FORA Cash Flow Statement (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
Net Cash Flow from Investing | $7,119,943 (210.20%) | -$6,461,045 (-530.25%) | -$1,025,155 (91.01%) | -$11,399,997 (-7428.03%) |
Net Cash Flow from Financing | -$4,601,518 (-4477.35%) | -$100,528 (-100.28%) | $36,281,043 (122.37%) | $16,315,700 (1277.67%) |
Net Cash Flow from Operations | $728,818 (108.31%) | -$8,775,565 (49.12%) | -$17,249,262 (-305.79%) | -$4,250,734 (-311.74%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $3,247,243 (121.16%) | -$15,343,907 (-185.25%) | $17,998,342 (2606.64%) | $664,969 (134509.11%) |
Net Cash Flow - Business Acquisitions and Disposals | $24,413,595 (136435.48%) | -$17,907 (-101.37%) | $1,310,977 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$17,218,159 (-263.89%) | -$4,731,683 (-429.81%) | -$893,090 (92.13%) | -$11,348,503 (-7477.44%) |
Capital Expenditure | -$75,493 (95.59%) | -$1,711,455 (-18.60%) | -$1,443,042 (-2702.35%) | -$51,494 (-2989.02%) |
Issuance (Repayment) of Debt Securities | -$960,000 (-7215.96%) | -$13,122 (-100.05%) | $23,970,991 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | -$3,450,053 (0%) | $0 (0%) | $12,310,052 (-24.55%) | $16,315,700 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | -$6,769 (18.29%) | -$8,284 (0%) | $0 (0%) |
Share Based Compensation | $6,573,969 (-50.61%) | $13,310,588 (43.12%) | $9,300,443 (32730.11%) | $28,329 (262.68%) |
Depreciation Amortization & Accretion | $96,334 (-96.95%) | $3,155,775 (42.80%) | $2,209,863 (25731.24%) | $8,555 (901.76%) |
FORA Financial Metrics (MRY)
Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
Gross Margin | 73.30% (-2.91%) | 75.50% (4.72%) | 72.10% (-22.47%) | 93.00% |
Profit Margin | 54.20% (158.47%) | -92.70% (41.07%) | -157.30% (82.79%) | -914.00% |
EBITDA Margin | 59.20% (175.61%) | -78.30% (44.94%) | -142.20% (84.41%) | -912.40% |
Return on Average Equity (ROAE) | 47.20% (129.74%) | -158.70% (-74.20%) | -91.10% (-0.44%) | -90.70% |
Return on Average Assets (ROAA) | 19.40% (137.24%) | -52.10% (5.79%) | -55.30% (29.28%) | -78.20% |
Return on Sales (ROS) | 58.70% (165.59%) | -89.50% (42.37%) | -155.30% (83.01%) | -914.00% |
Return on Invested Capital (ROIC) | 17.10% (131.61%) | -54.10% (51.57%) | -111.70% (-17.83%) | -94.80% |
Dividend Yield | 0% (0%) | 0% (0%) | 0% | - |
Price to Earnings Ratio (P/E) | 8.6 (355.28%) | -3.37 (66.37%) | -10.02 | - |
Price to Sales Ratio (P/S) | 4.57 (46.51%) | 3.12 (-80.21%) | 15.78 | - |
Price to Book Ratio (P/B) | 3.46 (-51.63%) | 7.16 (-38.68%) | 11.67 | - |
Debt to Equity Ratio (D/E) | 1.25 (-54.15%) | 2.72 (116.53%) | 1.26 (1003.51%) | 0.11 (106.96%) |
Earnings Per Share (EPS) | 0.34 (141.98%) | -0.81 (10.00%) | -0.9 (-136.84%) | -0.38 |
Sales Per Share (SPS) | 0.64 (-26.89%) | 0.87 (52.80%) | 0.57 (1295.12%) | 0.04 (0%) |
Free Cash Flow Per Share (FCFPS) | 0.02 (106.12%) | -0.33 (48.34%) | -0.63 (-94.17%) | -0.33 (-887.88%) |
Book Value Per Share (BVPS) | 0.82 (110.57%) | 0.39 (-54.46%) | 0.85 (-0.23%) | 0.85 (9588.89%) |
Tangible Assets Book Value Per Share (TABVPS) | 1.84 (27.29%) | 1.44 (10.23%) | 1.31 (37.61%) | 0.95 (15766.67%) |
Enterprise Value Over EBIT (EV/EBIT) | 9 (280.00%) | -5 (54.55%) | -11 | - |
Enterprise Value Over EBITDA (EV/EBITDA) | 9.07 (276.00%) | -5.15 (58.12%) | -12.3 | - |
Asset Turnover | 0.36 (-36.30%) | 0.56 (59.66%) | 0.35 (309.30%) | 0.09 |
Current Ratio | 8.38 (159.96%) | 3.22 (-39.13%) | 5.29 (-45.53%) | 9.72 (2443.72%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $653,325 (106.23%) | -$10,487,020 (43.90%) | -$18,692,304 (-334.48%) | -$4,302,228 (-316.06%) |
Enterprise Value (EV) | $109,908,045 (-2.65%) | $112,898,190 (-61.75%) | $295,151,566 | - |
Earnings Before Tax (EBT) | $11,192,427 (143.13%) | -$25,947,991 (2.19%) | -$26,528,594 (-432.68%) | -$4,980,183 (-286.41%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $12,123,546 (155.31%) | -$21,918,880 (8.66%) | -$23,996,352 (-382.67%) | -$4,971,628 (-286.00%) |
Invested Capital | $70,887,846 (17.66%) | $60,248,956 (57.06%) | $38,361,293 (261.84%) | $10,601,652 (11004.24%) |
Working Capital | $50,439,290 (171.71%) | $18,563,453 (-36.40%) | $29,186,641 (160.11%) | $11,220,757 (4044.72%) |
Tangible Asset Value | $58,888,612 (27.30%) | $46,258,167 (19.56%) | $38,691,805 (208.19%) | $12,554,341 (6911.84%) |
Market Capitalization | $90,603,370 (1.94%) | $88,879,826 (-69.74%) | $293,701,275 | - |
Average Equity | $23,511,155 (43.64%) | $16,368,127 (-43.87%) | $29,159,698 (430.85%) | $5,493,042 |
Average Assets | $57,166,218 (14.74%) | $49,822,277 (3.82%) | $47,987,923 (653.73%) | $6,366,693 |
Invested Capital Average | $70,179,056 (51.38%) | $46,359,666 (97.67%) | $23,452,996 (346.54%) | $5,252,214 |
Shares | 30,975,511 (-4.86%) | 32,556,713 (-0.01%) | 32,561,117 (3.89%) | 31,342,879 (0.00%) |
