Mereo BioPharma Group plc

NasdaqCM:MREO Stock Report

Market Cap: US$518.9m

Mereo BioPharma Group Past Earnings Performance

Past criteria checks 0/6

Mereo BioPharma Group has been growing earnings at an average annual rate of 32.4%, while the Biotechs industry saw earnings growing at 19.3% annually. Revenues have been declining at an average rate of 6% per year.

Key information

32.4%

Earnings growth rate

64.5%

EPS growth rate

Biotechs Industry Growth17.0%
Revenue growth rate-6.0%
Return on equity-62.5%
Net Margin-4,531.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

No updates

Recent updates

Is Mereo BioPharma Group (NASDAQ:MREO) Weighed On By Its Debt Load?

Apr 07
Is Mereo BioPharma Group (NASDAQ:MREO) Weighed On By Its Debt Load?

Is Mereo BioPharma Group (NASDAQ:MREO) Using Debt Sensibly?

Nov 25
Is Mereo BioPharma Group (NASDAQ:MREO) Using Debt Sensibly?

Mereo stock rises 12% on FDA fast-track status for lung disease drug alvelestat

Oct 17

Rubric Capital boosts Mereo BioPharma board nominees slate to five

Oct 03

Mereo BioPharma: An Activist Pressure With A Potentially Significant Upside

Sep 22

Mereo activist investor Rubric asks board again to hold general meeting, nominate directors

Sep 14

Mereo BioPharma Group regains compliance with Nasdaq's listing rule

Jul 05

Mereo BioPharma: Activist Pressure In A Net-Net Biopharma

Jun 17

Mereo BioPharma: Anti-TIGIT Developer In Mid-Stage Development

Dec 08

Mereo BioPharma and Cancer Focus Fund ink partnership for ovarian cancer study

Apr 30

Revenue & Expenses Breakdown

How Mereo BioPharma Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:MREO Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241-452416
30 Jun 241-372316
31 Mar 2410-261815
31 Dec 2310-291816
30 Sep 239-312318
30 Jun 239-322419
31 Mar 230-422724
31 Dec 220-422628
30 Sep 220-312229
30 Jun 220-232033
31 Mar 2224-42133
31 Dec 2149172232
30 Sep 2149-102528
30 Jun 2150-373025
31 Mar 2125-1313023
31 Dec 200-2242922
30 Sep 200-1982524
30 Jun 200-1772125
31 Mar 200-1112027
31 Dec 190-462131
30 Sep 190-411829
30 Jun 190-401830
31 Mar 190-411730
31 Dec 180-411529
30 Sep 180-421530
30 Jun 180-441432
31 Mar 180-501541
31 Dec 170-521447
30 Sep 170-501447
30 Jun 170-471245
31 Mar 170-411337
31 Dec 160-351430
30 Jun 160-392223

Quality Earnings: MREO is currently unprofitable.

Growing Profit Margin: MREO is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MREO is unprofitable, but has reduced losses over the past 5 years at a rate of 32.4% per year.

Accelerating Growth: Unable to compare MREO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MREO is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (16.6%).


Return on Equity

High ROE: MREO has a negative Return on Equity (-62.47%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 12:29
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mereo BioPharma Group plc is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jack AllenBaird
Yun ZhongBTIG
Julian HarrisonBTIG