$31.92M Market Cap.
VRCA Market Cap. (MRY)
VRCA Shares Outstanding (MRY)
VRCA Assets (MRY)
Total Assets
$54.13M
Total Liabilities
$63.99M
Total Investments
$0
VRCA Income (MRY)
Revenue
$7.57M
Net Income
-$76.58M
Operating Expense
$70.75M
VRCA Cash Flow (MRY)
CF Operations
-$60.93M
CF Investing
-$19.00K
CF Financing
$37.73M
VRCA 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% | - |
VRCA Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $54,134,000 (-33.66%) | $81,597,000 (82.46%) | $44,721,000 (-44.19%) | $80,125,000 (8.05%) |
Assets Current | $51,179,000 (-33.99%) | $77,530,000 (98.21%) | $39,115,000 (-47.38%) | $74,328,000 (9.87%) |
Assets Non-Current | $2,955,000 (-27.34%) | $4,067,000 (-27.45%) | $5,606,000 (-3.29%) | $5,797,000 (-10.87%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | -$9,860,000 (-149.89%) | $19,763,000 (-50.63%) | $40,033,000 (22.78%) | $32,605,000 (-1.16%) |
Property Plant & Equipment Net | $2,579,000 (-28.66%) | $3,615,000 (-32.18%) | $5,330,000 (-3.13%) | $5,502,000 (11.42%) |
Cash & Equivalents | $46,329,000 (-33.38%) | $69,547,000 (102.92%) | $34,273,000 (117.58%) | $15,752,000 (47.41%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | -$29,000 (-3000.00%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $54,602,000 (-0.33%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $54,602,000 (-0.33%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $2,463,000 (141.00%) | $1,022,000 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $77,000 (-98.26%) | $4,416,000 (806.78%) | $487,000 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $1,896,000 (-23.05%) | $2,464,000 (386.00%) | $507,000 (-40.00%) | $845,000 (142.82%) |
Accumulated Retained Earnings (Deficit) | -$307,027,000 (-33.23%) | -$230,448,000 (-40.99%) | -$163,453,000 (-17.62%) | -$138,966,000 (-33.77%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $45,939,000 (0.94%) | $45,510,000 (2882.31%) | $1,526,000 (-96.48%) | $43,409,000 (16.67%) |
Debt Current | $13,605,000 (1843.57%) | $700,000 (135.69%) | $297,000 (-99.29%) | $41,944,000 (18.11%) |
Debt Non-Current | $32,334,000 (-27.84%) | $44,810,000 (3546.05%) | $1,229,000 (-16.11%) | $1,465,000 (-13.47%) |
Total Liabilities | $63,994,000 (3.49%) | $61,834,000 (1218.98%) | $4,688,000 (-90.13%) | $47,520,000 (15.43%) |
Liabilities Current | $29,012,000 (70.42%) | $17,024,000 (392.17%) | $3,459,000 (-92.49%) | $46,055,000 (16.67%) |
Liabilities Non-Current | $34,982,000 (-21.93%) | $44,810,000 (3546.05%) | $1,229,000 (-16.11%) | $1,465,000 (-13.47%) |
VRCA Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $7,566,000 (47.66%) | $5,124,000 (-43.27%) | $9,032,000 (-24.73%) | $12,000,000 (0%) |
Cost of Revenue | $2,740,000 (267.29%) | $746,000 (2.90%) | $725,000 (0%) | $0 (0%) |
Selling General & Administrative Expense | $58,822,000 (24.35%) | $47,305,000 (171.79%) | $17,405,000 (-35.49%) | $26,979,000 (10.08%) |
Research & Development Expense | $11,840,000 (-41.66%) | $20,295,000 (66.38%) | $12,198,000 (-23.42%) | $15,929,000 (1.63%) |
Operating Expenses | $70,745,000 (0.87%) | $70,137,000 (136.93%) | $29,603,000 (-31.01%) | $42,908,000 (6.79%) |
Interest Expense | $9,412,000 (137.56%) | $3,962,000 (82.41%) | $2,172,000 (-49.43%) | $4,295,000 (41.56%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$76,579,000 (-14.31%) | -$66,995,000 (-173.59%) | -$24,487,000 (30.20%) | -$35,080,000 (17.83%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$76,579,000 (-14.31%) | -$66,995,000 (-173.59%) | -$24,487,000 (30.20%) | -$35,080,000 (17.83%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$76,579,000 (-14.31%) | -$66,995,000 (-173.59%) | -$24,487,000 (30.20%) | -$35,080,000 (17.83%) |
Weighted Average Shares | $51,808,228 (14.26%) | $45,342,451 (32.72%) | $34,163,437 (26.32%) | $27,044,462 (8.20%) |
Weighted Average Shares Diluted | $51,808,228 (14.26%) | $45,342,451 (32.72%) | $34,163,437 (26.32%) | $27,044,462 (8.20%) |
Earning Before Interest & Taxes (EBIT) | -$67,167,000 (-6.56%) | -$63,033,000 (-182.47%) | -$22,315,000 (27.51%) | -$30,785,000 (22.38%) |
Gross Profit | $4,826,000 (10.23%) | $4,378,000 (-47.30%) | $8,307,000 (-30.78%) | $12,000,000 (0%) |
Operating Income | -$65,919,000 (-0.24%) | -$65,759,000 (-208.79%) | -$21,296,000 (31.10%) | -$30,908,000 (23.08%) |
VRCA Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$19,000 (94.75%) | -$362,000 (-100.67%) | $54,041,000 (5514.93%) | -$998,000 (72.12%) |
Net Cash Flow from Financing | $37,728,000 (-49.16%) | $74,213,000 (539.91%) | -$16,870,000 (-150.14%) | $33,646,000 (-4.50%) |
Net Cash Flow from Operations | -$60,927,000 (-57.94%) | -$38,577,000 (-106.85%) | -$18,650,000 (32.38%) | -$27,582,000 (8.69%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$23,218,000 (-165.82%) | $35,274,000 (90.45%) | $18,521,000 (265.59%) | $5,066,000 (250.59%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $54,343,000 (47354.78%) | -$115,000 (94.55%) |
Capital Expenditure | -$19,000 (94.75%) | -$362,000 (-19.87%) | -$302,000 (65.80%) | -$883,000 (39.93%) |
Issuance (Repayment) of Debt Securities | -$924,000 (-102.10%) | $44,082,000 (200.71%) | -$43,771,000 (-980.70%) | $4,970,000 (-85.54%) |
Issuance (Purchase) of Equity Shares | $39,792,000 (31.30%) | $30,307,000 (12.66%) | $26,901,000 (-6.19%) | $28,676,000 (6230.24%) |
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 | $7,164,000 (-50.17%) | $14,376,000 (188.39%) | $4,985,000 (-17.64%) | $6,053,000 (-38.37%) |
Depreciation Amortization & Accretion | $1,269,000 (51.79%) | $836,000 (16.43%) | $718,000 (52.12%) | $472,000 (106.11%) |
VRCA Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 63.80% (-25.29%) | 85.40% (-7.17%) | 92.00% (-8.00%) | 100.00% |
Profit Margin | -1012.10% (22.59%) | -1307.50% (-382.29%) | -271.10% (7.25%) | -292.30% |
EBITDA Margin | -871.00% (28.24%) | -1213.80% (-407.65%) | -239.10% (5.34%) | -252.60% |
Return on Average Equity (ROAE) | 549.90% (474.08%) | -147.00% (-89.92%) | -77.40% (-3.34%) | -74.90% (22.30%) |
Return on Average Assets (ROAA) | -149.10% (-72.17%) | -86.60% (-102.34%) | -42.80% (-14.75%) | -37.30% (26.72%) |
Return on Sales (ROS) | -887.70% (27.84%) | -1230.20% (-397.86%) | -247.10% (3.66%) | -256.50% |
Return on Invested Capital (ROIC) | -177.30% (32.48%) | -262.60% (-76.60%) | -148.70% (-214.38%) | -47.30% (32.14%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -0.47 (90.44%) | -4.95 (-29.51%) | -3.82 (45.80%) | -7.05 (-4.68%) |
Price to Sales Ratio (P/S) | 4.79 (-92.60%) | 64.78 (522.72%) | 10.4 (-49.61%) | 20.64 |
Price to Book Ratio (P/B) | -3.24 (-120.78%) | 15.58 (451.90%) | 2.82 (-63.48%) | 7.73 (-14.34%) |
Debt to Equity Ratio (D/E) | -6.49 (-307.41%) | 3.13 (2574.36%) | 0.12 (-91.97%) | 1.46 (16.75%) |
Earnings Per Share (EPS) | -1.48 (0.00%) | -1.48 (-105.56%) | -0.72 (44.62%) | -1.3 (23.98%) |
Sales Per Share (SPS) | 0.15 (29.20%) | 0.11 (-57.20%) | 0.26 (-40.54%) | 0.44 (0%) |
Free Cash Flow Per Share (FCFPS) | -1.18 (-36.90%) | -0.86 (-54.77%) | -0.56 (47.29%) | -1.05 (16.89%) |
Book Value Per Share (BVPS) | -0.19 (-143.58%) | 0.44 (-62.80%) | 1.17 (-2.82%) | 1.21 (-8.64%) |
Tangible Assets Book Value Per Share (TABVPS) | 1.04 (-41.94%) | 1.8 (37.51%) | 1.31 (-55.82%) | 2.96 (-0.13%) |
Enterprise Value Over EBIT (EV/EBIT) | -1 (75.00%) | -4 (0.00%) | -4 (55.56%) | -9 (-12.50%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -0.85 (80.21%) | -4.3 (-13.07%) | -3.8 (58.04%) | -9.06 (-12.57%) |
Asset Turnover | 0.15 (122.73%) | 0.07 (-58.23%) | 0.16 (23.44%) | 0.13 (0%) |
Current Ratio | 1.76 (-61.26%) | 4.55 (-59.73%) | 11.31 (600.62%) | 1.61 (-5.83%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$60,946,000 (-56.52%) | -$38,939,000 (-105.46%) | -$18,952,000 (33.42%) | -$28,465,000 (10.14%) |
Enterprise Value (EV) | $56,074,556 (-79.03%) | $267,422,528 (225.61%) | $82,130,646 (-70.11%) | $274,755,525 (-13.46%) |
Earnings Before Tax (EBT) | -$76,579,000 (-14.31%) | -$66,995,000 (-173.59%) | -$24,487,000 (30.20%) | -$35,080,000 (17.83%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$65,898,000 (-5.95%) | -$62,197,000 (-187.99%) | -$21,597,000 (28.75%) | -$30,313,000 (23.12%) |
Invested Capital | $24,732,000 (-38.99%) | $40,536,000 (376.05%) | $8,515,000 (-86.21%) | $61,727,000 (0.86%) |
Working Capital | $22,167,000 (-63.36%) | $60,506,000 (69.69%) | $35,656,000 (26.11%) | $28,273,000 (0.35%) |
Tangible Asset Value | $54,134,000 (-33.66%) | $81,597,000 (82.46%) | $44,721,000 (-44.19%) | $80,125,000 (8.05%) |
Market Capitalization | $31,920,556 (-89.63%) | $307,912,528 (172.47%) | $113,008,646 (-55.17%) | $252,074,525 (-15.33%) |
Average Equity | -$13,925,750 (-130.55%) | $45,578,000 (44.06%) | $31,637,250 (-32.48%) | $46,855,750 (5.75%) |
Average Assets | $51,344,500 (-33.66%) | $77,396,250 (35.24%) | $57,230,250 (-39.12%) | $94,003,250 (11.99%) |
Invested Capital Average | $37,893,250 (57.85%) | $24,006,250 (59.94%) | $15,010,000 (-76.96%) | $65,136,750 (14.47%) |
Shares | 45,600,795 (8.41%) | 42,064,553 (2.36%) | 41,094,053 (49.33%) | 27,519,053 (6.39%) |
