MVIS Financial Statements

Balance sheet, income statement, cash flow, and dividends for Microvision Inc (MVIS).


$505.36M Market Cap.

As of 02/29/2024 5:00 PM ET (MRY) • Disclaimer

MVIS Market Cap. (MRY)


MVIS Shares Outstanding (MRY)


MVIS Assets (MRY)


Total Assets

$129.63M

Total Liabilities

$33.83M

Total Investments

$29.57M

MVIS Income (MRY)


Revenue

$7.26M

Net Income

-$82.84M

Operating Expense

$93.36M

MVIS Cash Flow (MRY)


CF Operations

-$67.09M

CF Investing

$21.82M

CF Financing

$72.44M

MVIS 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%

0%

-

2019

$0

0%

-

0%

-

MVIS Balance Sheet (MRY)


Metric

2023

2022

2021

2020

Total Assets

$129,635,000 (12.73%)

$114,996,000 (-11.69%)

$130,225,000 (519.94%)

$21,006,000 (77.48%)

Assets Current

$86,754,000 (-4.67%)

$91,008,000 (-23.80%)

$119,430,000 (580.13%)

$17,560,000 (124.07%)

Assets Non-Current

$42,881,000 (78.76%)

$23,988,000 (122.21%)

$10,795,000 (213.26%)

$3,446,000 (-13.83%)

Goodwill & Intangible Assets

$17,235,000 (22880.00%)

$75,000 (-34.78%)

$115,000 (-29.88%)

$164,000 (-25.79%)

Shareholders Equity

$95,804,000 (6.76%)

$89,741,000 (-20.41%)

$112,754,000 (1151.57%)

$9,009,000 (326.53%)

Property Plant & Equipment Net

$22,790,000 (6.45%)

$21,409,000 (148.86%)

$8,603,000 (204.10%)

$2,829,000 (-10.39%)

Cash & Equivalents

$48,430,000 (120.60%)

$21,954,000 (-73.78%)

$83,739,000 (384.12%)

$17,297,000 (175.78%)

Accumulated Other Comprehensive Income

$210,000 (265.35%)

-$127,000 (-568.42%)

-$19,000 (0%)

$0 (0%)

Deferred Revenue

$300,000 (-93.48%)

$4,601,000 (-12.61%)

$5,265,000 (-32.20%)

$7,765,000 (-20.57%)

Total Investments

$29,572,000 (-55.40%)

$66,305,000 (102.64%)

$32,720,000 (0%)

$0 (0%)

Investments Current

$28,611,000 (-56.85%)

$66,305,000 (102.64%)

$32,720,000 (0%)

$0 (0%)

Investments Non-Current

$961,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$3,874,000 (108.17%)

$1,861,000 (4.55%)

$1,780,000 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$949,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Payables

$2,271,000 (10.19%)

$2,061,000 (-42.49%)

$3,584,000 (468.89%)

$630,000 (-66.33%)

Accumulated Retained Earnings (Deficit)

-$765,366,000 (-12.14%)

-$682,524,000 (-8.43%)

-$629,433,000 (-7.37%)

-$586,233,000 (-2.38%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$15,037,000 (-4.20%)

$15,696,000 (150.30%)

$6,271,000 (101.83%)

$3,107,000 (52.45%)

Debt Current

$2,323,000 (24.42%)

$1,867,000 (47.94%)

$1,262,000 (10.90%)

$1,138,000 (67.11%)

Debt Non-Current

$12,714,000 (-8.06%)

$13,829,000 (176.08%)

$5,009,000 (154.39%)

$1,969,000 (45.10%)

Total Liabilities

$33,831,000 (33.96%)

$25,255,000 (44.55%)

$17,471,000 (45.63%)

$11,997,000 (-24.13%)

Liabilities Current

$20,503,000 (79.44%)

$11,426,000 (-8.31%)

$12,462,000 (24.27%)

$10,028,000 (-30.63%)

Liabilities Non-Current

$13,328,000 (-3.62%)

$13,829,000 (176.08%)

$5,009,000 (154.39%)

$1,969,000 (45.10%)

MVIS Income Statement (MRY)


Metric

2023

2022

2021

2020

Revenues

$7,259,000 (993.22%)

$664,000 (-73.44%)

$2,500,000 (-19.09%)

$3,090,000 (-65.23%)

Cost of Revenue

$2,772,000 (2672.00%)

$100,000 (4900.00%)

$2,000 (-99.86%)

$1,398,000 (-83.68%)

Selling General & Administrative Expense

$36,689,000 (52.61%)

$24,041,000 (8.02%)

$22,256,000 (276.14%)

$5,917,000 (-27.25%)

Research & Development Expense

$56,707,000 (86.46%)

$30,413,000 (26.14%)

$24,111,000 (145.03%)

$9,840,000 (-47.27%)

Operating Expenses

$93,362,000 (71.45%)

$54,454,000 (17.44%)

$46,367,000 (202.91%)

$15,307,000 (-42.87%)

Interest Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Income Tax Expense

$1,146,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$82,842,000 (-56.04%)

-$53,091,000 (-22.90%)

-$43,200,000 (-216.85%)

-$13,634,000 (48.52%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$82,842,000 (-56.04%)

-$53,091,000 (-22.90%)

-$43,200,000 (-216.85%)

-$13,634,000 (48.52%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$82,842,000 (-56.04%)

-$53,091,000 (-22.90%)

-$43,200,000 (-216.85%)

-$13,634,000 (48.52%)

Weighted Average Shares

$182,802,000 (10.15%)

$165,958,000 (3.30%)

$160,662,000 (14.90%)

$139,829,000 (25.64%)

Weighted Average Shares Diluted

$182,802,000 (10.15%)

$165,958,000 (3.30%)

$160,662,000 (14.90%)

$139,829,000 (25.64%)

Earning Before Interest & Taxes (EBIT)

-$81,696,000 (-53.88%)

-$53,091,000 (-22.90%)

-$43,200,000 (-216.85%)

-$13,634,000 (48.52%)

Gross Profit

$4,487,000 (695.57%)

$564,000 (-77.42%)

$2,498,000 (47.64%)

$1,692,000 (425.47%)

Operating Income

-$88,875,000 (-64.92%)

-$53,890,000 (-22.84%)

-$43,869,000 (-222.21%)

-$13,615,000 (48.57%)

MVIS Cash Flow Statement (MRY)


Metric

2023

2022

2021

2020

Net Cash Flow from Investing

$21,822,000 (157.32%)

-$38,073,000 (-7.80%)

-$35,318,000 (-28813.82%)

$123,000 (116.51%)

Net Cash Flow from Financing

$72,438,000 (406.31%)

$14,307,000 (-89.09%)

$131,164,000 (386.21%)

$26,977,000 (60.02%)

Net Cash Flow from Operations

-$67,090,000 (-76.46%)

-$38,019,000 (-29.30%)

-$29,404,000 (-82.92%)

-$16,075,000 (33.14%)

Net Cash Flow / Change in Cash & Cash Equivalents

$27,437,000 (144.41%)

-$61,785,000 (-192.99%)

$66,442,000 (502.65%)

$11,025,000 (239.05%)

Net Cash Flow - Business Acquisitions and Disposals

-$11,233,000 (-171.85%)

-$4,132,000 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$34,990,000 (218.28%)

-$29,582,000 (9.88%)

-$32,825,000 (0%)

$0 (0%)

Capital Expenditure

-$1,935,000 (55.61%)

-$4,359,000 (-74.85%)

-$2,493,000 (-2126.83%)

$123,000 (116.51%)

Issuance (Repayment) of Debt Securities

-$21,000 (94.98%)

-$418,000 (18.99%)

-$516,000 (-133.46%)

$1,542,000 (7810.00%)

Issuance (Purchase) of Equity Shares

$72,459,000 (392.08%)

$14,725,000 (-88.82%)

$131,680,000 (417.71%)

$25,435,000 (50.69%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$267,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$16,141,000 (4.40%)

$15,461,000 (1.16%)

$15,284,000 (1078.41%)

$1,297,000 (-19.64%)

Depreciation Amortization & Accretion

$7,864,000 (250.13%)

$2,246,000 (53.42%)

$1,464,000 (52.02%)

$963,000 (-41.60%)

MVIS Financial Metrics (MRY)


Metric

2023

2022

2021

2020

Gross Margin

61.80% (-27.21%)

84.90% (-15.02%)

99.90% (82.30%)

54.80% (1422.22%)

Profit Margin

-1141.20% (85.73%)

-7995.60% (-362.71%)

-1728.00% (-291.66%)

-441.20% (-48.05%)

EBITDA Margin

-1017.10% (86.72%)

-7657.40% (-358.69%)

-1669.40% (-307.07%)

-410.10% (-46.73%)

Return on Average Equity (ROAE)

-84.30% (-48.15%)

-56.90% (-42.25%)

-40.00% (-103.65%)

1095.10% (66.53%)

Return on Average Assets (ROAA)

-61.60% (-30.23%)

-47.30% (-32.49%)

-35.70% (68.32%)

-112.70% (40.78%)

Return on Sales (ROS)

-1125.40% (85.92%)

-7995.60% (-362.71%)

-1728.00% (-291.66%)

-441.20% (-48.05%)

Return on Invested Capital (ROIC)

-135.10% (-98.09%)

-68.20% (87.21%)

-533.40% (-308.20%)

256.20% (-32.01%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-5.91 (19.51%)

-7.34 (60.42%)

-18.56 (65.51%)

-53.8 (-1693.33%)

Price to Sales Ratio (P/S)

66.99 (-88.60%)

587.35 (82.43%)

321.97 (32.25%)

243.46 (2599.67%)

Price to Book Ratio (P/B)

5.28 (21.32%)

4.35 (-40.37%)

7.29 (-91.66%)

87.43 (504.42%)

Debt to Equity Ratio (D/E)

0.35 (25.62%)

0.28 (81.29%)

0.15 (-88.36%)

1.33 (133.50%)

Earnings Per Share (EPS)

-0.45 (-40.63%)

-0.32 (-18.52%)

-0.27 (-170.00%)

-0.1 (58.33%)

Sales Per Share (SPS)

0.04 (900.00%)

0 (-75.00%)

0.02 (-27.27%)

0.02 (-72.50%)

Free Cash Flow Per Share (FCFPS)

-0.38 (-48.24%)

-0.26 (-28.14%)

-0.2 (-74.56%)

-0.11 (48.88%)

Book Value Per Share (BVPS)

0.52 (-3.14%)

0.54 (-22.93%)

0.7 (996.87%)

0.06 (277.78%)

Tangible Assets Book Value Per Share (TABVPS)

0.61 (-11.13%)

0.69 (-14.57%)

0.81 (443.62%)

0.15 (43.27%)

Enterprise Value Over EBIT (EV/EBIT)

-6 (14.29%)

-7 (56.25%)

-16 (72.41%)

-58 (-1833.33%)

Enterprise Value Over EBITDA (EV/EBITDA)

-6.33 (15.64%)

-7.5 (55.17%)

-16.73 (73.01%)

-61.98 (-1798.41%)

Asset Turnover

0.05 (800.00%)

0.01 (-71.43%)

0.02 (-91.76%)

0.26 (-60.03%)

Current Ratio

4.23 (-46.88%)

7.96 (-16.89%)

9.58 (447.34%)

1.75 (223.06%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$69,025,000 (-62.88%)

-$42,378,000 (-32.86%)

-$31,897,000 (-99.96%)

-$15,952,000 (35.65%)

Enterprise Value (EV)

$467,233,076 (22.51%)

$381,386,934 (-45.39%)

$698,323,088 (-11.09%)

$785,387,796 (868.71%)

Earnings Before Tax (EBT)

-$81,696,000 (-53.88%)

-$53,091,000 (-22.90%)

-$43,200,000 (-216.85%)

-$13,634,000 (48.52%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$73,832,000 (-45.21%)

-$50,845,000 (-21.83%)

-$41,736,000 (-229.38%)

-$12,671,000 (48.98%)

Invested Capital

$58,504,000 (-39.83%)

$97,237,000 (142.00%)

$40,180,000 (1290.17%)

-$3,376,000 (52.28%)

Working Capital

$66,251,000 (-16.75%)

$79,582,000 (-25.60%)

$106,968,000 (1320.18%)

$7,532,000 (213.79%)

Tangible Asset Value

$112,400,000 (-2.19%)

$114,921,000 (-11.67%)

$130,110,000 (524.27%)

$20,842,000 (79.44%)

Market Capitalization

$505,362,076 (29.52%)

$390,182,934 (-52.54%)

$822,160,088 (4.38%)

$787,663,796 (816.10%)

Average Equity

$98,276,250 (5.41%)

$93,233,500 (-13.66%)

$107,989,750 (8773.88%)

-$1,245,000 (69.08%)

Average Assets

$134,375,000 (19.62%)

$112,337,000 (-7.22%)

$121,079,500 (901.13%)

$12,094,250 (-13.10%)

Invested Capital Average

$60,477,250 (-22.31%)

$77,842,000 (861.22%)

$8,098,250 (252.20%)

-$5,320,750 (24.29%)

Shares

189,985,743 (14.42%)

166,035,291 (1.18%)

164,103,810 (12.09%)

146,405,910 (22.60%)