$324.35M Market Cap.
TRUE Market Cap. (MRY)
TRUE Shares Outstanding (MRY)
TRUE Assets (MRY)
Total Assets
$159.69M
Total Liabilities
$41.55M
Total Investments
$0
TRUE Income (MRY)
Revenue
$175.60M
Net Income
-$31.05M
Operating Expense
$186.39M
TRUE Cash Flow (MRY)
CF Operations
$7.70M
CF Investing
-$7.86M
CF Financing
-$24.97M
TRUE 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% | - |
TRUE Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $159,691,000 (-21.84%) | $204,320,000 (-18.77%) | $251,527,000 (-35.12%) | $387,670,000 (-15.37%) |
Assets Current | $135,128,000 (-17.14%) | $163,082,000 (-17.57%) | $197,835,000 (-26.71%) | $269,938,000 (-16.93%) |
Assets Non-Current | $24,563,000 (-40.44%) | $41,238,000 (-23.20%) | $53,692,000 (-54.39%) | $117,732,000 (-11.56%) |
Goodwill & Intangible Assets | $1,970,000 (-76.48%) | $8,375,000 (-40.05%) | $13,969,000 (-75.12%) | $56,155,000 (-2.85%) |
Shareholders Equity | $118,137,000 (-26.26%) | $160,215,000 (-18.78%) | $197,267,000 (-40.18%) | $329,786,000 (-13.84%) |
Property Plant & Equipment Net | $18,086,000 (-37.66%) | $29,012,000 (-19.06%) | $35,842,000 (-16.18%) | $42,760,000 (-15.52%) |
Cash & Equivalents | $111,835,000 (-18.35%) | $136,964,000 (-21.97%) | $175,518,000 (-28.42%) | $245,217,000 (-10.28%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $14,500,000 (-27.15%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $14,500,000 (-27.15%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $15,742,000 (-13.81%) | $18,264,000 (32.48%) | $13,786,000 (-17.50%) | $16,710,000 (-49.25%) |
Trade & Non-Trade Payables | $7,928,000 (15.32%) | $6,875,000 (-20.57%) | $8,655,000 (-23.84%) | $11,364,000 (-13.90%) |
Accumulated Retained Earnings (Deficit) | -$593,346,000 (-5.52%) | -$562,298,000 (-9.71%) | -$512,532,000 (-30.13%) | -$393,847,000 (-10.78%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $103,000 (157.50%) |
Total Debt | $11,277,000 (-21.74%) | $14,409,000 (-37.39%) | $23,014,000 (-27.06%) | $31,553,000 (-14.13%) |
Debt Current | $2,964,000 (-8.52%) | $3,240,000 (-28.22%) | $4,514,000 (-14.07%) | $5,253,000 (10.10%) |
Debt Non-Current | $8,313,000 (-25.57%) | $11,169,000 (-39.63%) | $18,500,000 (-29.66%) | $26,300,000 (-17.75%) |
Total Liabilities | $41,554,000 (-5.78%) | $44,105,000 (-18.72%) | $54,260,000 (-6.26%) | $57,884,000 (-23.11%) |
Liabilities Current | $32,893,000 (13.51%) | $28,978,000 (-5.85%) | $30,779,000 (-2.23%) | $31,481,000 (-26.58%) |
Liabilities Non-Current | $8,661,000 (-42.74%) | $15,127,000 (-35.58%) | $23,481,000 (-11.07%) | $26,403,000 (-18.51%) |
TRUE Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $175,598,000 (10.64%) | $158,706,000 (-1.74%) | $161,524,000 (-30.29%) | $231,698,000 (-16.86%) |
Cost of Revenue | $26,388,000 (66.42%) | $15,856,000 (-2.20%) | $16,213,000 (-27.10%) | $22,239,000 (3.20%) |
Selling General & Administrative Expense | $138,712,000 (-0.47%) | $139,371,000 (-6.22%) | $148,621,000 (-19.76%) | $185,226,000 (-8.26%) |
Research & Development Expense | $29,643,000 (-29.83%) | $42,247,000 (-8.34%) | $46,090,000 (11.24%) | $41,432,000 (-7.79%) |
Operating Expenses | $186,390,000 (-6.49%) | $199,317,000 (-26.45%) | $271,006,000 (11.55%) | $242,937,000 (-11.87%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $15,000 (-11.76%) | $17,000 (100.66%) | -$2,560,000 (-1342.72%) | $206,000 (3533.33%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | -$40,000 (99.96%) |
Consolidated Income | -$31,048,000 (37.61%) | -$49,766,000 (58.07%) | -$118,685,000 (-209.65%) | -$38,329,000 (-150.07%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$31,048,000 (37.61%) | -$49,766,000 (58.07%) | -$118,685,000 (-209.65%) | -$38,329,000 (-150.07%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$31,048,000 (37.61%) | -$49,766,000 (58.07%) | -$118,685,000 (-209.65%) | -$38,329,000 (-150.07%) |
Weighted Average Shares | $90,159,000 (0.44%) | $89,766,000 (-1.84%) | $91,452,000 (-6.06%) | $97,352,000 (-8.43%) |
Weighted Average Shares Diluted | $90,159,000 (0.44%) | $89,766,000 (-1.84%) | $91,452,000 (-6.06%) | $97,352,000 (-8.43%) |
Earning Before Interest & Taxes (EBIT) | -$31,033,000 (37.62%) | -$49,749,000 (58.97%) | -$121,245,000 (-218.04%) | -$38,123,000 (-149.81%) |
Gross Profit | $149,210,000 (4.45%) | $142,850,000 (-1.69%) | $145,311,000 (-30.63%) | $209,459,000 (-18.54%) |
Operating Income | -$37,180,000 (34.16%) | -$56,467,000 (55.08%) | -$125,695,000 (-275.46%) | -$33,478,000 (-80.81%) |
TRUE Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$7,860,000 (33.44%) | -$11,809,000 (-47.10%) | -$8,028,000 (-90.92%) | -$4,205,000 (-104.13%) |
Net Cash Flow from Financing | -$24,970,000 (-476.54%) | -$4,331,000 (86.69%) | -$32,534,000 (14.58%) | -$38,086,000 (22.65%) |
Net Cash Flow from Operations | $7,701,000 (134.36%) | -$22,414,000 (23.07%) | -$29,137,000 (-305.28%) | $14,194,000 (-63.71%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$25,129,000 (34.82%) | -$38,554,000 (44.69%) | -$69,699,000 (-148.07%) | -$28,097,000 (-130.61%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | -$12,093,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $15,745,000 (0%) | $0 (0%) |
Capital Expenditure | -$7,860,000 (33.44%) | -$11,809,000 (-1.10%) | -$11,680,000 (-9.27%) | -$10,689,000 (-4.01%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | -$20,030,000 (-2921.13%) | $710,000 (102.40%) | -$29,604,000 (3.10%) | -$30,552,000 (28.49%) |
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 | $11,730,000 (-17.97%) | $14,299,000 (-19.13%) | $17,681,000 (-13.31%) | $20,395,000 (-11.62%) |
Depreciation Amortization & Accretion | $19,008,000 (-8.09%) | $20,681,000 (1.08%) | $20,460,000 (-0.55%) | $20,574,000 (-20.19%) |
TRUE Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 85.00% (-5.56%) | 90.00% (0.00%) | 90.00% (-0.44%) | 90.40% (-2.06%) |
Profit Margin | -17.70% (43.63%) | -31.40% (57.28%) | -73.50% (-345.45%) | -16.50% (-160.00%) |
EBITDA Margin | -6.80% (62.84%) | -18.30% (70.67%) | -62.40% (-721.05%) | -7.60% (-120.71%) |
Return on Average Equity (ROAE) | -22.70% (24.08%) | -29.90% (36.38%) | -47.00% (-331.19%) | -10.90% (-147.81%) |
Return on Average Assets (ROAA) | -17.60% (23.81%) | -23.10% (40.00%) | -38.50% (-318.48%) | -9.20% (-149.46%) |
Return on Sales (ROS) | -17.70% (43.45%) | -31.30% (58.32%) | -75.10% (-355.15%) | -16.50% (-160.00%) |
Return on Invested Capital (ROIC) | -96.80% (6.20%) | -103.20% (47.37%) | -196.10% (-396.46%) | -39.50% (-172.48%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -10.97 (-74.39%) | -6.29 (-225.79%) | -1.93 (77.85%) | -8.72 (-249.46%) |
Price to Sales Ratio (P/S) | 1.92 (-2.15%) | 1.96 (37.72%) | 1.42 (-0.56%) | 1.43 (-10.80%) |
Price to Book Ratio (P/B) | 2.75 (40.10%) | 1.96 (74.84%) | 1.12 (13.35%) | 0.99 (-13.40%) |
Debt to Equity Ratio (D/E) | 0.35 (28.00%) | 0.28 (0.00%) | 0.28 (56.25%) | 0.18 (-10.66%) |
Earnings Per Share (EPS) | -0.34 (38.18%) | -0.55 (57.69%) | -1.3 (-233.33%) | -0.39 (-154.17%) |
Sales Per Share (SPS) | 1.95 (10.18%) | 1.77 (0.11%) | 1.77 (-25.80%) | 2.38 (-9.19%) |
Free Cash Flow Per Share (FCFPS) | -0 (99.48%) | -0.38 (14.57%) | -0.45 (-1338.89%) | 0.04 (-86.72%) |
Book Value Per Share (BVPS) | 1.31 (-26.61%) | 1.78 (-17.25%) | 2.16 (-36.33%) | 3.39 (-5.89%) |
Tangible Assets Book Value Per Share (TABVPS) | 1.75 (-19.88%) | 2.18 (-15.97%) | 2.6 (-23.70%) | 3.4 (-9.56%) |
Enterprise Value Over EBIT (EV/EBIT) | -7 (-75.00%) | -4 (0%) | 0 (0%) | -3 (-175.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -18.41 (-183.95%) | -6.48 (-1146.92%) | -0.52 (91.58%) | -6.17 (-313.08%) |
Asset Turnover | 1 (35.60%) | 0.74 (40.46%) | 0.52 (-5.92%) | 0.56 (-17.60%) |
Current Ratio | 4.11 (-27.01%) | 5.63 (-12.45%) | 6.43 (-25.04%) | 8.57 (13.16%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$159,000 (99.54%) | -$34,223,000 (16.16%) | -$40,817,000 (-1264.54%) | $3,505,000 (-87.85%) |
Enterprise Value (EV) | $221,391,665 (17.47%) | $188,466,547 (259.83%) | $52,377,032 (-51.65%) | $108,338,300 (-63.45%) |
Earnings Before Tax (EBT) | -$31,033,000 (37.62%) | -$49,749,000 (58.97%) | -$121,245,000 (-218.04%) | -$38,123,000 (-149.81%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$12,025,000 (58.63%) | -$29,068,000 (71.16%) | -$100,785,000 (-474.31%) | -$17,549,000 (-117.15%) |
Invested Capital | $24,270,000 (-45.35%) | $44,412,000 (-18.17%) | $54,275,000 (-37.16%) | $86,370,000 (-28.51%) |
Working Capital | $102,235,000 (-23.76%) | $134,104,000 (-19.73%) | $167,056,000 (-29.94%) | $238,457,000 (-15.46%) |
Tangible Asset Value | $157,721,000 (-19.51%) | $195,945,000 (-17.52%) | $237,558,000 (-28.34%) | $331,515,000 (-17.17%) |
Market Capitalization | $324,353,665 (3.26%) | $314,099,547 (42.02%) | $221,164,032 (-32.19%) | $326,135,300 (-25.40%) |
Average Equity | $136,510,500 (-18.01%) | $166,506,000 (-34.08%) | $252,601,250 (-27.94%) | $350,528,500 (4.30%) |
Average Assets | $175,940,750 (-18.40%) | $215,621,000 (-30.00%) | $308,017,000 (-25.92%) | $415,793,250 (0.93%) |
Invested Capital Average | $32,047,000 (-33.50%) | $48,194,250 (-22.06%) | $61,834,750 (-35.92%) | $96,502,000 (-31.32%) |
Shares | 86,958,087 (-4.21%) | 90,780,216 (3.03%) | 88,113,160 (-8.14%) | 95,922,147 (-7.85%) |
