$33.68M Market Cap.
IPA Market Cap. (MRY)
IPA Shares Outstanding (MRY)
IPA Assets (MRY)
Total Assets
$59.99M
Total Liabilities
$26.07M
Total Investments
$0
IPA Income (MRY)
Revenue
$24.52M
Net Income
-$27.18M
Operating Expense
$41.18M
IPA Cash Flow (MRY)
CF Operations
-$4.25M
CF Investing
-$1.56M
CF Financing
$1.02M
IPA 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% | - |
IPA Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $59,988,000 (-22.91%) | $77,813,000 (-16.91%) | $93,647,000 (39.86%) | $66,959,000 (145.60%) |
Assets Current | $11,487,000 (-31.59%) | $16,792,000 (-55.19%) | $37,470,000 (-23.31%) | $48,858,000 (534.60%) |
Assets Non-Current | $48,501,000 (-20.52%) | $61,021,000 (8.62%) | $56,177,000 (210.35%) | $18,101,000 (-7.48%) |
Goodwill & Intangible Assets | $31,244,000 (-37.63%) | $50,096,000 (-3.71%) | $52,025,000 (276.04%) | $13,835,000 (-14.57%) |
Shareholders Equity | $33,921,000 (-41.32%) | $57,803,000 (-23.22%) | $75,285,000 (32.26%) | $56,924,000 (277.33%) |
Property Plant & Equipment Net | $16,696,000 (60.66%) | $10,392,000 (191.99%) | $3,559,000 (-11.56%) | $4,024,000 (30.73%) |
Cash & Equivalents | $3,545,000 (-57.63%) | $8,366,000 (-72.16%) | $30,047,000 (-28.18%) | $41,838,000 (1454.74%) |
Accumulated Other Comprehensive Income | $2,025,000 (-22.86%) | $2,625,000 (205.89%) | -$2,479,000 (-260.84%) | -$687,000 (-129.00%) |
Deferred Revenue | $1,352,000 (38.38%) | $977,000 (-5.51%) | $1,034,000 (-6.93%) | $1,111,000 (-24.68%) |
Total Investments | $0 (0%) | $115,000 (-19.01%) | $142,000 (27.93%) | $111,000 (-6.72%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $115,000 (-19.01%) | $142,000 (27.93%) | $111,000 (-6.72%) |
Inventory | $2,139,000 (3.83%) | $2,060,000 (27.55%) | $1,615,000 (34.14%) | $1,204,000 (47.01%) |
Trade & Non-Trade Receivables | $277,000 (-56.17%) | $632,000 (0.48%) | $629,000 (-82.66%) | $3,628,000 (-0.87%) |
Trade & Non-Trade Payables | $4,372,000 (29.12%) | $3,386,000 (-28.98%) | $4,768,000 (58.35%) | $3,011,000 (70.50%) |
Accumulated Retained Earnings (Deficit) | -$100,265,000 (-37.18%) | -$73,088,000 (-57.08%) | -$46,528,000 (-56.03%) | -$29,819,000 (-32.65%) |
Tax Assets | $414,000 (-22.76%) | $536,000 (93.50%) | $277,000 (-43.58%) | $491,000 (457.95%) |
Tax Liabilities | $6,378,000 (-16.77%) | $7,663,000 (-10.44%) | $8,556,000 (336.98%) | $1,958,000 (22.30%) |
Total Debt | $13,681,000 (88.26%) | $7,267,000 (162.63%) | $2,767,000 (-19.96%) | $3,457,000 (-23.33%) |
Debt Current | $1,563,000 (40.05%) | $1,116,000 (-51.46%) | $2,299,000 (133.16%) | $986,000 (-65.69%) |
Debt Non-Current | $12,118,000 (97.01%) | $6,151,000 (1214.32%) | $468,000 (-81.06%) | $2,471,000 (51.13%) |
Total Liabilities | $26,067,000 (30.27%) | $20,010,000 (8.98%) | $18,362,000 (82.98%) | $10,035,000 (-17.59%) |
Liabilities Current | $8,124,000 (37.23%) | $5,920,000 (-36.29%) | $9,292,000 (53.03%) | $6,072,000 (-23.43%) |
Liabilities Non-Current | $17,943,000 (27.35%) | $14,090,000 (55.35%) | $9,070,000 (128.87%) | $3,963,000 (-6.69%) |
IPA Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $24,518,000 (18.65%) | $20,665,000 (6.72%) | $19,364,000 (8.11%) | $17,912,000 (27.41%) |
Cost of Revenue | $12,465,000 (36.95%) | $9,102,000 (8.60%) | $8,381,000 (31.49%) | $6,374,000 (5.81%) |
Selling General & Administrative Expense | $19,135,000 (-18.30%) | $23,420,000 (29.71%) | $18,055,000 (125.60%) | $8,003,000 (22.71%) |
Research & Development Expense | $4,043,000 (-67.08%) | $12,280,000 (60.25%) | $7,663,000 (288.20%) | $1,974,000 (342.60%) |
Operating Expenses | $41,177,000 (2.65%) | $40,114,000 (44.65%) | $27,731,000 (50.25%) | $18,457,000 (52.19%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $517,000 (-3.72%) |
Income Tax Expense | -$1,526,000 (-28.02%) | -$1,192,000 (-238.44%) | $861,000 (-35.99%) | $1,345,000 (488.73%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$27,177,000 (-2.32%) | -$26,560,000 (-58.96%) | -$16,709,000 (-127.64%) | -$7,340,000 (-48.37%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$27,177,000 (-2.32%) | -$26,560,000 (-58.96%) | -$16,709,000 (-127.64%) | -$7,340,000 (-48.37%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$27,177,000 (-2.32%) | -$26,560,000 (-58.96%) | -$16,709,000 (-127.64%) | -$7,340,000 (-48.37%) |
Weighted Average Shares | $25,635,526 (2.97%) | $24,897,185 (26.46%) | $19,688,487 (19.51%) | $16,474,350 (20.88%) |
Weighted Average Shares Diluted | $25,635,526 (2.97%) | $24,897,185 (26.46%) | $19,688,487 (19.51%) | $16,474,350 (20.88%) |
Earning Before Interest & Taxes (EBIT) | -$28,703,000 (-3.43%) | -$27,752,000 (-75.11%) | -$15,848,000 (-189.30%) | -$5,478,000 (-15.18%) |
Gross Profit | $12,053,000 (4.24%) | $11,563,000 (5.28%) | $10,983,000 (-4.81%) | $11,538,000 (43.61%) |
Operating Income | -$29,124,000 (-2.01%) | -$28,551,000 (-70.47%) | -$16,748,000 (-142.06%) | -$6,919,000 (-69.00%) |
IPA Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$1,563,000 (20.54%) | -$1,967,000 (62.23%) | -$5,208,000 (-112.05%) | -$2,456,000 (-55.15%) |
Net Cash Flow from Financing | $1,021,000 (264.41%) | -$621,000 (-121.54%) | $2,883,000 (-93.35%) | $43,379,000 (24830.46%) |
Net Cash Flow from Operations | -$4,246,000 (78.59%) | -$19,833,000 (-99.91%) | -$9,921,000 (-1553.50%) | -$600,000 (56.87%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$4,788,000 (78.65%) | -$22,421,000 (-83.09%) | -$12,246,000 (-130.37%) | $40,323,000 (1540.11%) |
Net Cash Flow - Business Acquisitions and Disposals | -$25,000 (95.12%) | -$512,000 (86.13%) | -$3,692,000 (-258.79%) | -$1,029,000 (-2.18%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$1,397,000 (6.56%) | -$1,495,000 (-18.93%) | -$1,257,000 (11.91%) | -$1,427,000 (-147.74%) |
Issuance (Repayment) of Debt Securities | -$1,339,000 (-0.15%) | -$1,337,000 (-38.98%) | -$962,000 (-24.61%) | -$772,000 (-142.01%) |
Issuance (Purchase) of Equity Shares | $2,360,000 (229.61%) | $716,000 (-81.40%) | $3,850,000 (-91.28%) | $44,151,000 (8855.58%) |
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 | $1,535,000 (-21.00%) | $1,943,000 (-36.98%) | $3,083,000 (12.19%) | $2,748,000 (271.85%) |
Depreciation Amortization & Accretion | $5,754,000 (-14.31%) | $6,715,000 (74.23%) | $3,854,000 (-5.05%) | $4,059,000 (-5.76%) |
IPA Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 49.20% (-12.14%) | 56.00% (-1.23%) | 56.70% (-11.96%) | 64.40% (12.78%) |
Profit Margin | -110.80% (13.77%) | -128.50% (-48.90%) | -86.30% (-110.49%) | -41.00% (-16.48%) |
EBITDA Margin | -93.60% (8.06%) | -101.80% (-64.46%) | -61.90% (-683.54%) | -7.90% (-146.88%) |
Return on Average Equity (ROAE) | -57.30% (-33.26%) | -43.00% (-47.77%) | -29.10% (-39.23%) | -20.90% (29.87%) |
Return on Average Assets (ROAA) | -37.40% (-13.68%) | -32.90% (-35.39%) | -24.30% (-55.77%) | -15.60% (12.36%) |
Return on Sales (ROS) | -117.10% (12.81%) | -134.30% (-64.18%) | -81.80% (-167.32%) | -30.60% (9.47%) |
Return on Invested Capital (ROIC) | -103.70% (40.02%) | -172.90% (34.26%) | -263.00% (-296.68%) | -66.30% (61.70%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | -1.67 (48.24%) | -3.22 (60.94%) | -8.24 (69.10%) | -26.68 |
Price to Sales Ratio (P/S) | 1.85 (-55.48%) | 4.15 (-41.75%) | 7.12 (-35.49%) | 11.04 |
Price to Book Ratio (P/B) | 1.37 (-7.87%) | 1.49 (-17.89%) | 1.81 (-49.20%) | 3.56 |
Debt to Equity Ratio (D/E) | 0.77 (121.97%) | 0.35 (41.80%) | 0.24 (38.64%) | 0.18 (-78.19%) |
Earnings Per Share (EPS) | -1.06 (0.93%) | -1.07 (-25.88%) | -0.85 (-88.89%) | -0.45 (-25.00%) |
Sales Per Share (SPS) | 0.69 (11.95%) | 0.62 (-20.74%) | 0.78 (-11.65%) | 0.88 (20.77%) |
Free Cash Flow Per Share (FCFPS) | -0.22 (74.33%) | -0.86 (-50.88%) | -0.57 (-361.79%) | -0.12 (14.58%) |
Book Value Per Share (BVPS) | 1.32 (-43.02%) | 2.32 (-39.28%) | 3.82 (10.68%) | 3.46 (212.10%) |
Tangible Assets Book Value Per Share (TABVPS) | 1.12 (0.72%) | 1.11 (-47.35%) | 2.11 (-34.45%) | 3.23 (297.17%) |
Enterprise Value Over EBIT (EV/EBIT) | -2 (33.33%) | -3 (57.14%) | -7 (80.00%) | -35 |
Enterprise Value Over EBITDA (EV/EBITDA) | -2.38 (38.95%) | -3.9 (56.04%) | -8.88 (93.40%) | -134.53 |
Asset Turnover | 0.34 (31.64%) | 0.26 (-9.22%) | 0.28 (-26.18%) | 0.38 (-24.36%) |
Current Ratio | 1.41 (-50.14%) | 2.84 (-29.68%) | 4.03 (-49.88%) | 8.05 (728.63%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$5,643,000 (73.54%) | -$21,328,000 (-90.80%) | -$11,178,000 (-451.46%) | -$2,027,000 (-3.05%) |
Enterprise Value (EV) | $39,640,886 (-35.34%) | $61,310,477 (-27.50%) | $84,569,060 (-45.51%) | $155,201,559 |
Earnings Before Tax (EBT) | -$28,703,000 (-3.43%) | -$27,752,000 (-75.11%) | -$15,848,000 (-164.35%) | -$5,995,000 (-13.26%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$22,949,000 (-9.09%) | -$21,037,000 (-75.40%) | -$11,994,000 (-745.24%) | -$1,419,000 (-216.04%) |
Invested Capital | $30,756,000 (48.59%) | $20,698,000 (309.86%) | $5,050,000 (-41.76%) | $8,671,000 (74.92%) |
Working Capital | $3,363,000 (-69.07%) | $10,872,000 (-61.42%) | $28,178,000 (-34.14%) | $42,786,000 (18622.08%) |
Tangible Asset Value | $28,744,000 (3.71%) | $27,717,000 (-33.41%) | $41,622,000 (-21.65%) | $53,124,000 (379.93%) |
Market Capitalization | $33,683,533 (-47.50%) | $64,161,201 (-40.70%) | $108,204,216 (-34.42%) | $164,986,515 |
Average Equity | $47,404,000 (-23.19%) | $61,716,750 (7.66%) | $57,327,750 (63.59%) | $35,044,174 (111.40%) |
Average Assets | $72,716,500 (-9.93%) | $80,737,250 (17.50%) | $68,715,000 (46.45%) | $46,920,489 (68.40%) |
Invested Capital Average | $27,666,500 (72.32%) | $16,055,500 (166.40%) | $6,026,750 (-27.01%) | $8,257,212 (200.60%) |
Shares | 26,315,260 (5.41%) | 24,965,448 (28.28%) | 19,461,190 (15.13%) | 16,904,356 (20.88%) |
