MEREO BIOPHARMA GROUP PLC

MREO ·Healthcare, Drug Manufacturers - General
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022
Revenue $500.0K $0 $10.0M $0
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development $17.8M $20.9M $17.4M $29.5M
SG&A Expense $23.0M $26.4M $18.4M $26.1M
Operating Income $-40.1M $-47.4M $-28.4M $-54.4M
Operating Margin -8,021.4% -284.2%
Interest Expense $255.0K $1.4M $2.9M $4.2M
Pretax Income $-41.9M $-43.3M $-30.0M $-42.9M
Income Tax Expense $0 $0 $-532.0K $-718.0K
Net Income $-41.9M $-43.3M $-29.5M $-42.2M
Net Margin -8,375.6% -294.7%
EPS (Basic) $-0.05 $-0.06 $-0.04 $-0.07
EPS (Diluted) $-0.05 $-0.06 $-0.04 $-0.07
Shares Outstanding (Basic) 797.1M 739.6M 659.5M 603.2M
Shares Outstanding (Diluted) 797.1M 739.6M 659.5M 603.2M
Dividends Per Share