$2.12B Market Cap.
TARS Market Cap. (MRY)
TARS Shares Outstanding (MRY)
TARS Assets (MRY)
Total Assets
$376.99M
Total Liabilities
$152.46M
Total Investments
$202.12M
TARS Income (MRY)
Revenue
$182.95M
Net Income
-$115.55M
Operating Expense
$290.70M
TARS Cash Flow (MRY)
CF Operations
-$83.03M
CF Investing
-$199.19M
CF Financing
$154.66M
TARS 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% | - |
TARS Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $376,991,000 (42.00%) | $265,491,000 (16.51%) | $227,863,000 (27.36%) | $178,907,000 (4.03%) |
Assets Current | $356,705,000 (39.27%) | $256,131,000 (13.65%) | $225,375,000 (28.09%) | $175,952,000 (3.10%) |
Assets Non-Current | $20,286,000 (116.73%) | $9,360,000 (276.21%) | $2,488,000 (-15.80%) | $2,955,000 (124.37%) |
Goodwill & Intangible Assets | $8,326,000 (115.31%) | $3,867,000 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $224,534,000 (13.98%) | $196,988,000 (2.12%) | $192,900,000 (15.70%) | $166,730,000 (0.45%) |
Property Plant & Equipment Net | $2,866,000 (-14.40%) | $3,348,000 (118.54%) | $1,532,000 (-16.24%) | $1,829,000 (47.98%) |
Cash & Equivalents | $94,819,000 (-57.85%) | $224,947,000 (213.91%) | $71,660,000 (-58.17%) | $171,332,000 (1.89%) |
Accumulated Other Comprehensive Income | $179,000 (9050.00%) | -$2,000 (97.30%) | -$74,000 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $202,119,000 (6365.74%) | $3,126,000 (-97.86%) | $145,737,000 (30073.29%) | $483,000 (0%) |
Investments Current | $196,557,000 (7778.04%) | $2,495,000 (-98.28%) | $145,366,000 (29996.48%) | $483,000 (0%) |
Investments Non-Current | $5,562,000 (781.46%) | $631,000 (70.08%) | $371,000 (0%) | $0 (0%) |
Inventory | $5,153,000 (65.85%) | $3,107,000 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $48,059,000 (171.31%) | $17,714,000 (394.53%) | $3,582,000 (3793.48%) | $92,000 (360.00%) |
Trade & Non-Trade Payables | $64,789,000 (173.48%) | $23,691,000 (139.06%) | $9,910,000 (14.17%) | $8,680,000 (99.68%) |
Accumulated Retained Earnings (Deficit) | -$360,210,000 (-47.23%) | -$244,656,000 (-124.94%) | -$108,763,000 (-133.04%) | -$46,672,000 (-42.10%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $71,845,000 (140.94%) | $29,819,000 (53.44%) | $19,434,000 (0%) | $0 (0%) |
Debt Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Debt Non-Current | $71,845,000 (140.94%) | $29,819,000 (53.44%) | $19,434,000 (0%) | $0 (0%) |
Total Liabilities | $152,457,000 (122.56%) | $68,503,000 (95.93%) | $34,963,000 (187.12%) | $12,177,000 (103.22%) |
Liabilities Current | $80,612,000 (118.25%) | $36,936,000 (139.39%) | $15,429,000 (34.42%) | $11,478,000 (113.07%) |
Liabilities Non-Current | $71,845,000 (127.60%) | $31,567,000 (61.60%) | $19,534,000 (2694.56%) | $699,000 (15.54%) |
TARS Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $182,953,000 (948.62%) | $17,447,000 (-32.42%) | $25,816,000 (-54.73%) | $57,027,000 (0%) |
Cost of Revenue | $12,826,000 (705.15%) | $1,593,000 (66.81%) | $955,000 (-53.98%) | $2,075,000 (0%) |
Selling General & Administrative Expense | $237,310,000 (118.32%) | $108,700,000 (141.83%) | $44,949,000 (76.99%) | $25,397,000 (210.78%) |
Research & Development Expense | $53,386,000 (6.11%) | $50,312,000 (18.04%) | $42,624,000 (2.19%) | $41,712,000 (121.57%) |
Operating Expenses | $290,696,000 (82.81%) | $159,012,000 (81.58%) | $87,573,000 (30.49%) | $67,109,000 (148.57%) |
Interest Expense | $7,849,000 (134.58%) | $3,346,000 (52.16%) | $2,199,000 (0%) | $0 (0%) |
Income Tax Expense | $0 (0%) | $0 (0%) | -$4,000 (-107.27%) | $55,000 (5400.00%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$115,554,000 (14.97%) | -$135,893,000 (-118.86%) | -$62,091,000 (-349.06%) | -$13,827,000 (48.43%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$115,554,000 (14.97%) | -$135,893,000 (-118.86%) | -$62,091,000 (-349.06%) | -$13,827,000 (48.43%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$115,554,000 (14.97%) | -$135,893,000 (-118.86%) | -$62,091,000 (-349.06%) | -$13,827,000 (48.43%) |
Weighted Average Shares | $37,604,538 (27.98%) | $29,383,276 (19.35%) | $24,619,700 (19.78%) | $20,554,086 (231.12%) |
Weighted Average Shares Diluted | $37,604,538 (27.98%) | $29,383,276 (19.35%) | $24,619,700 (19.78%) | $20,554,086 (231.12%) |
Earning Before Interest & Taxes (EBIT) | -$107,705,000 (18.74%) | -$132,547,000 (-121.30%) | -$59,896,000 (-334.91%) | -$13,772,000 (48.63%) |
Gross Profit | $170,127,000 (973.09%) | $15,854,000 (-36.23%) | $24,861,000 (-54.76%) | $54,952,000 (0%) |
Operating Income | -$120,569,000 (15.78%) | -$143,158,000 (-128.28%) | -$62,712,000 (-415.85%) | -$12,157,000 (54.97%) |
TARS Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$199,195,000 (-241.67%) | $140,604,000 (197.22%) | -$144,629,000 (-24580.72%) | -$586,000 (-28.51%) |
Net Cash Flow from Financing | $154,656,000 (18.81%) | $130,176,000 (38.50%) | $93,987,000 (447457.14%) | $21,000 (-99.98%) |
Net Cash Flow from Operations | -$83,027,000 (29.33%) | -$117,493,000 (-139.63%) | -$49,030,000 (-1408.16%) | $3,748,000 (117.73%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$127,566,000 (-183.22%) | $153,287,000 (253.79%) | -$99,672,000 (-3231.39%) | $3,183,000 (-97.11%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$192,628,000 (-231.84%) | $146,106,000 (201.38%) | -$144,123,000 (0%) | $0 (0%) |
Capital Expenditure | -$6,567,000 (-19.36%) | -$5,502,000 (-987.35%) | -$506,000 (13.65%) | -$586,000 (-28.51%) |
Issuance (Repayment) of Debt Securities | $39,600,000 (296.00%) | $10,000,000 (-47.71%) | $19,125,000 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $115,056,000 (-4.26%) | $120,176,000 (60.37%) | $74,937,000 (23028.70%) | $324,000 (-99.65%) |
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 | $27,818,000 (40.28%) | $19,830,000 (47.33%) | $13,460,000 (59.20%) | $8,455,000 (907.75%) |
Depreciation Amortization & Accretion | $1,860,000 (31.17%) | $1,418,000 (79.72%) | $789,000 (30.20%) | $606,000 (146.34%) |
TARS Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 93.00% (2.31%) | 90.90% (-5.61%) | 96.30% (-0.10%) | 96.40% |
Profit Margin | -63.20% (91.89%) | -778.90% (-223.87%) | -240.50% (-893.80%) | -24.20% |
EBITDA Margin | -57.90% (92.30%) | -751.60% (-228.21%) | -229.00% (-891.34%) | -23.10% |
Return on Average Equity (ROAE) | -46.70% (37.15%) | -74.30% (-129.32%) | -32.40% (-320.78%) | -7.70% (77.01%) |
Return on Average Assets (ROAA) | -31.20% (46.39%) | -58.20% (-110.87%) | -27.60% (-283.33%) | -7.20% (69.10%) |
Return on Sales (ROS) | -58.90% (92.25%) | -759.70% (-227.46%) | -232.00% (-862.66%) | -24.10% |
Return on Invested Capital (ROIC) | -52.90% (67.86%) | -164.60% (-78.91%) | -92.00% (39.47%) | -152.00% (-105.78%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -18.04 (-311.50%) | -4.38 (24.65%) | -5.82 (82.68%) | -33.58 (-251.02%) |
Price to Sales Ratio (P/S) | 11.38 (-66.63%) | 34.1 (143.93%) | 13.98 (72.39%) | 8.11 |
Price to Book Ratio (P/B) | 9.43 (177.02%) | 3.4 (67.88%) | 2.03 (-27.35%) | 2.79 (-44.86%) |
Debt to Equity Ratio (D/E) | 0.68 (95.11%) | 0.35 (92.27%) | 0.18 (147.95%) | 0.07 (102.78%) |
Earnings Per Share (EPS) | -3.07 (33.55%) | -4.62 (-83.33%) | -2.52 (-276.12%) | -0.67 (84.49%) |
Sales Per Share (SPS) | 4.87 (719.02%) | 0.59 (-43.37%) | 1.05 (-62.18%) | 2.77 (0%) |
Free Cash Flow Per Share (FCFPS) | -2.38 (43.07%) | -4.19 (-108.05%) | -2.01 (-1406.49%) | 0.15 (104.43%) |
Book Value Per Share (BVPS) | 5.97 (-10.93%) | 6.7 (-14.44%) | 7.83 (-3.41%) | 8.11 (-69.66%) |
Tangible Assets Book Value Per Share (TABVPS) | 9.8 (10.11%) | 8.9 (-3.79%) | 9.26 (6.33%) | 8.7 (-68.58%) |
Enterprise Value Over EBIT (EV/EBIT) | -19 (-375.00%) | -4 (0.00%) | -4 (80.00%) | -20 (28.57%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -19.01 (-426.59%) | -3.61 (11.41%) | -4.08 (80.94%) | -21.38 (24.64%) |
Asset Turnover | 0.49 (560.00%) | 0.07 (-34.78%) | 0.12 (-61.41%) | 0.3 (0%) |
Current Ratio | 4.42 (-36.18%) | 6.93 (-52.53%) | 14.61 (-4.71%) | 15.33 (-51.61%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$89,594,000 (27.16%) | -$122,995,000 (-148.29%) | -$49,536,000 (-1666.60%) | $3,162,000 (114.64%) |
Enterprise Value (EV) | $2,012,123,059 (325.03%) | $473,404,393 (96.53%) | $240,881,276 (-14.41%) | $281,431,320 (-62.65%) |
Earnings Before Tax (EBT) | -$115,554,000 (14.97%) | -$135,893,000 (-118.85%) | -$62,095,000 (-350.88%) | -$13,772,000 (48.63%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$105,845,000 (19.28%) | -$131,129,000 (-121.85%) | -$59,107,000 (-348.94%) | -$13,166,000 (50.44%) |
Invested Capital | $265,079,000 (796.75%) | $29,560,000 (-81.55%) | $160,208,000 (4204.74%) | -$3,903,000 (-149.55%) |
Working Capital | $276,093,000 (25.96%) | $219,195,000 (4.41%) | $209,946,000 (27.65%) | $164,474,000 (-0.48%) |
Tangible Asset Value | $368,665,000 (40.91%) | $261,624,000 (14.82%) | $227,863,000 (27.36%) | $178,907,000 (4.03%) |
Market Capitalization | $2,116,625,059 (215.74%) | $670,368,393 (71.44%) | $391,014,276 (-15.95%) | $465,232,320 (-44.60%) |
Average Equity | $247,368,750 (35.21%) | $182,946,250 (-4.50%) | $191,557,250 (6.19%) | $180,393,750 (125.53%) |
Average Assets | $369,853,250 (58.40%) | $233,491,000 (3.93%) | $224,659,750 (17.21%) | $191,680,750 (66.47%) |
Invested Capital Average | $203,435,500 (152.57%) | $80,546,250 (23.77%) | $65,079,750 (618.32%) | $9,060,000 (988.67%) |
Shares | 38,226,929 (15.47%) | 33,104,612 (24.12%) | 26,672,188 (28.99%) | 20,676,992 (1.75%) |
