VERV Financial Statements

Balance sheet, income statement, cash flow, and dividends for Verve Therapeutics Inc (VERV).


$888.71M Market Cap.

As of 02/27/2024 5:00 PM ET (MRY) • Disclaimer

VERV Market Cap. (MRY)


VERV Shares Outstanding (MRY)


VERV Assets (MRY)


Total Assets

$752.69M

Total Liabilities

$153.19M

Total Investments

$417.77M

VERV Income (MRY)


Revenue

$11.76M

Net Income

-$200.07M

Operating Expense

$234.88M

VERV Cash Flow (MRY)


CF Operations

-$149.55M

CF Investing

$27.69M

CF Financing

$212.58M

VERV 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

-

-

0%

-

VERV Balance Sheet (MRY)


Metric

2023

2022

2021

2020

Total Assets

$752,688,000 (10.82%)

$679,223,000 (76.82%)

$384,124,000 (389.87%)

$78,413,000 (262.23%)

Assets Current

$637,949,000 (13.28%)

$563,159,000 (53.40%)

$367,128,000 (396.35%)

$73,966,000 (288.19%)

Assets Non-Current

$114,739,000 (-1.14%)

$116,064,000 (582.89%)

$16,996,000 (282.19%)

$4,447,000 (71.50%)

Goodwill & Intangible Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$599,502,000 (8.82%)

$550,932,000 (54.17%)

$357,352,000 (659.16%)

-$63,909,000 (-226.85%)

Property Plant & Equipment Net

$107,800,000 (-2.58%)

$110,655,000 (1120.95%)

$9,063,000 (127.48%)

$3,984,000 (68.96%)

Cash & Equivalents

$210,954,000 (75.45%)

$120,236,000 (72.83%)

$69,567,000 (635.69%)

$9,456,000 (193.57%)

Accumulated Other Comprehensive Income

$272,000 (139.19%)

-$694,000 (-204.39%)

-$228,000 (-2950.00%)

$8,000 (-11.11%)

Deferred Revenue

$48,556,000 (142.61%)

$20,014,000 (0%)

$0 (0%)

$0 (0%)

Total Investments

$417,770,000 (-4.92%)

$439,396,000 (48.39%)

$296,112,000 (369.13%)

$63,119,000 (299.59%)

Investments Current

$417,770,000 (-4.92%)

$439,396,000 (48.39%)

$296,112,000 (369.13%)

$63,119,000 (299.59%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$5,897,000 (482.71%)

$1,012,000 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Payables

$6,636,000 (173.76%)

$2,424,000 (-65.75%)

$7,077,000 (19558.33%)

$36,000 (-98.51%)

Accumulated Retained Earnings (Deficit)

-$544,305,000 (-58.12%)

-$344,237,000 (-84.23%)

-$186,850,000 (-180.83%)

-$66,536,000 (-219.39%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$64,715,000 (-7.57%)

$70,014,000 (0%)

$0 (0%)

$0 (0%)

Debt Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Debt Non-Current

$64,715,000 (-7.57%)

$70,014,000 (0%)

$0 (0%)

$0 (0%)

Total Liabilities

$153,186,000 (19.41%)

$128,291,000 (379.20%)

$26,772,000 (56.00%)

$17,162,000 (9.17%)

Liabilities Current

$37,006,000 (5.45%)

$35,095,000 (59.35%)

$22,024,000 (201.08%)

$7,315,000 (105.88%)

Liabilities Non-Current

$116,180,000 (24.66%)

$93,196,000 (1862.85%)

$4,748,000 (-51.78%)

$9,847,000 (-19.07%)

VERV Income Statement (MRY)


Metric

2023

2022

2021

2020

Revenues

$11,758,000 (505.77%)

$1,941,000 (0%)

$0 (0%)

$0 (0%)

Cost of Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Selling General & Administrative Expense

$49,936,000 (33.05%)

$37,533,000 (98.96%)

$18,865,000 (258.92%)

$5,256,000 (110.41%)

Research & Development Expense

$184,946,000 (42.16%)

$130,095,000 (90.75%)

$68,202,000 (92.82%)

$35,371,000 (217.40%)

Operating Expenses

$234,882,000 (40.12%)

$167,628,000 (92.53%)

$87,067,000 (114.31%)

$40,627,000 (197.81%)

Interest Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Income Tax Expense

$275,000 (418.87%)

$53,000 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$200,068,000 (-27.12%)

-$157,387,000 (-30.81%)

-$120,314,000 (-163.25%)

-$45,704,000 (-136.85%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$200,068,000 (-27.12%)

-$157,387,000 (-30.81%)

-$120,314,000 (-163.25%)

-$45,704,000 (-136.85%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$200,068,000 (-27.12%)

-$157,387,000 (-30.81%)

-$120,314,000 (-163.25%)

-$45,704,000 (-136.85%)

Weighted Average Shares

$64,175,137 (18.79%)

$54,023,653 (101.04%)

$26,872,036 (1094.26%)

$2,250,093 (76.18%)

Weighted Average Shares Diluted

$64,175,137 (18.79%)

$54,023,653 (101.04%)

$26,872,036 (1094.26%)

$2,250,093 (76.18%)

Earning Before Interest & Taxes (EBIT)

-$199,793,000 (-26.99%)

-$157,334,000 (-30.77%)

-$120,314,000 (-163.25%)

-$45,704,000 (-136.85%)

Gross Profit

$11,758,000 (505.77%)

$1,941,000 (0%)

$0 (0%)

$0 (0%)

Operating Income

-$223,124,000 (-34.67%)

-$165,687,000 (-90.30%)

-$87,067,000 (-114.31%)

-$40,627,000 (-197.81%)

VERV Cash Flow Statement (MRY)


Metric

2023

2022

2021

2020

Net Cash Flow from Investing

$27,690,000 (117.76%)

-$155,955,000 (34.77%)

-$239,098,000 (-367.66%)

-$51,127,000 (-300.74%)

Net Cash Flow from Financing

$212,577,000 (-35.38%)

$328,956,000 (-12.76%)

$377,089,000 (307.10%)

$92,627,000 (415.91%)

Net Cash Flow from Operations

-$149,549,000 (-22.25%)

-$122,332,000 (-57.08%)

-$77,880,000 (-120.84%)

-$35,265,000 (-373.86%)

Net Cash Flow / Change in Cash & Cash Equivalents

$90,718,000 (79.04%)

$50,669,000 (-15.71%)

$60,111,000 (864.09%)

$6,235,000 (377.60%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$36,973,000 (125.91%)

-$142,723,000 (39.20%)

-$234,739,000 (-392.08%)

-$47,703,000 (-337.60%)

Capital Expenditure

-$9,283,000 (29.84%)

-$13,232,000 (-203.56%)

-$4,359,000 (-27.31%)

-$3,424,000 (-84.38%)

Issuance (Repayment) of Debt Securities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Issuance (Purchase) of Equity Shares

$213,035,000 (-35.39%)

$329,739,000 (14.91%)

$286,960,000 (2608627.27%)

$11,000 (0%)

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

$35,116,000 (56.23%)

$22,477,000 (217.83%)

$7,072,000 (732.00%)

$850,000 (90.58%)

Depreciation Amortization & Accretion

$12,247,000 (82.49%)

$6,711,000 (98.73%)

$3,377,000 (154.29%)

$1,328,000 (1152.83%)

VERV Financial Metrics (MRY)


Metric

2023

2022

2021

2020

Gross Margin

100.00% (0.00%)

100.00%

-

-

Profit Margin

-1701.50% (79.02%)

-8108.60%

-

-

EBITDA Margin

-1595.10% (79.44%)

-7760.10%

-

-

Return on Average Equity (ROAE)

-39.30% (-7.67%)

-36.50% (18.71%)

-44.90% (-141.00%)

109.50%

Return on Average Assets (ROAA)

-30.90% (0.64%)

-31.10% (10.89%)

-34.90% (61.82%)

-91.40%

Return on Sales (ROS)

-1699.20% (79.04%)

-8105.80%

-

-

Return on Invested Capital (ROIC)

-35.30% (16.55%)

-42.30% (46.05%)

-78.40% (34.39%)

-119.50%

Dividend Yield

0% (0%)

0% (0%)

0%

-

Price to Earnings Ratio (P/E)

-4.47 (32.80%)

-6.65 (19.21%)

-8.23

-

Price to Sales Ratio (P/S)

76.08 (-85.87%)

538.57

-

-

Price to Book Ratio (P/B)

1.48 (-31.52%)

2.16 (-56.46%)

4.97

-

Debt to Equity Ratio (D/E)

0.26 (9.87%)

0.23 (210.67%)

0.07 (127.88%)

-0.27 (66.54%)

Earnings Per Share (EPS)

-3.12 (-7.22%)

-2.91 (35.04%)

-4.48 (77.94%)

-20.31 (-34.41%)

Sales Per Share (SPS)

0.18 (408.33%)

0.04 (0%)

0 (0%)

0 (0%)

Free Cash Flow Per Share (FCFPS)

-2.48 (1.36%)

-2.51 (18.01%)

-3.06 (82.20%)

-17.19 (-136.15%)

Book Value Per Share (BVPS)

9.34 (-8.39%)

10.2 (-23.31%)

13.3 (146.82%)

-28.4 (-85.52%)

Tangible Assets Book Value Per Share (TABVPS)

11.73 (-6.71%)

12.57 (-12.05%)

14.29 (-58.98%)

34.85 (105.61%)

Enterprise Value Over EBIT (EV/EBIT)

-4 (33.33%)

-6 (57.14%)

-14

-

Enterprise Value Over EBITDA (EV/EBITDA)

-4.65 (28.60%)

-6.51 (53.13%)

-13.9

-

Asset Turnover

0.02 (350.00%)

0 (0%)

0 (0%)

0

Current Ratio

17.24 (7.43%)

16.05 (-3.73%)

16.67 (64.84%)

10.11 (88.55%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$158,832,000 (-17.16%)

-$135,564,000 (-64.84%)

-$82,239,000 (-112.56%)

-$38,689,000 (-316.06%)

Enterprise Value (EV)

$872,258,307 (-11.10%)

$981,201,298 (-39.62%)

$1,625,170,139

-

Earnings Before Tax (EBT)

-$199,793,000 (-26.99%)

-$157,334,000 (-30.77%)

-$120,314,000 (-163.25%)

-$45,704,000 (-136.85%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$187,546,000 (-24.51%)

-$150,623,000 (-28.81%)

-$116,937,000 (-163.51%)

-$44,376,000 (-131.23%)

Invested Capital

$569,443,000 (-4.12%)

$593,906,000 (103.02%)

$292,533,000 (374.57%)

$61,642,000 (314.46%)

Working Capital

$600,943,000 (13.80%)

$528,064,000 (53.02%)

$345,104,000 (417.78%)

$66,651,000 (329.98%)

Tangible Asset Value

$752,688,000 (10.82%)

$679,223,000 (76.82%)

$384,124,000 (389.87%)

$78,413,000 (262.23%)

Market Capitalization

$888,713,307 (-25.45%)

$1,192,033,298 (-32.88%)

$1,776,065,139

-

Average Equity

$508,642,250 (17.84%)

$431,649,500 (61.18%)

$267,813,000 (741.76%)

-$41,731,000

Average Assets

$647,150,500 (27.76%)

$506,521,500 (46.85%)

$344,922,000 (589.43%)

$50,030,000

Invested Capital Average

$565,263,500 (51.97%)

$371,956,250 (142.38%)

$153,462,250 (301.13%)

$38,257,500

Shares

63,752,748 (3.49%)

61,603,788 (27.89%)

48,171,010 (9.92%)

43,822,182