Mereo BioPharma Group PLC ADR

Mereo BioPharma Group PLC ADR

MREO · NASDAQ · Healthcare / Biotechnology

0.3075USD+0.00 (+0.82%)

Price History

Full chart

Market Stats

Previous Close0.305
Open0.3023
Day Range0.2969 – 0.3176
52-Week Range0.20 – 2.37
Volume870.64K
Market Cap59.09M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.20
Dividend Yield0.00%
Beta0.27
50-Day Avg0.2962
200-Day Avg0.4529

About

Mereo BioPharma Group plc, a biopharmaceutical company, develops and commercializes therapeutics for the treatment of rare diseases in the United Kingdom and the United States. The company develops Setrusumab, an antibody for the treatment of osteogenesis imperfecta; Alvelestat, an oral small molecule that is in Phase II clinical trial to treat Alpha-1 anti-trypsin deficiency associated lung disease; and Vantictumab, an anti-FZD monoclonal antibody for the treatment of autosomal dominant osteopetrosis type 2. It also develops Leflutrozole, an oral aromatase inhibitor, which is in Phase 2 trials for use in the treatment of hypogonadotropic hypogonadism; Navicixizumab, which has completed Phase 1b clinical trials for the treatment of the late line ovarian cancer; Etigilimab, an IgG1 monoclonal antibody which binds to the human TIGIT receptor on immune cells for the Treatment of advanced solid tumors; and Acumapimod, a p38 MAP kinase inhibitor that is in Phase II clinical trials to treat acute exacerbations of chronic obstructive pulmonary disease. The company has a license agreement with Feng Biosciences for the development and commercialization of navicixizumab; license agreement with ReproNovo for the development and commercialization of leflutrozole; and licensing agreement with AstraZeneca. Mereo BioPharma Group plc was incorporated in 2015 and is headquartered in London, United Kingdom.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. Denise Vera Scots-Knight Ph.D.
  • Employees39
  • HeadquartersOne Cavendish Place, London, United Kingdom, W1G 0QF, USA
  • Websitehttps://www.mereobiopharma.com

Leadership

  • Dr. Denise Vera Scots-Knight Ph.D.Co-Founder, CEO & Executive Director · b. 1959
  • Mr. Charles Edward SermonCo-Founder, General Counsel, Business Development & Company Secretary · b. 1969
  • Ms. Christine Fox CPAChief Financial Officer · b. 1981
  • Dr. John A. Lewicki Ph.D.Chief Scientific Officer · b. 1952
  • Ms. Bal LallyVP & Head of HR
  • Dr. Jackie ParkinSenior VP & Therapeutic Head · b. 1958
  • Ms. Alexandra Hughes-WilsonChief of Patient Access & Commercial Planning · b. 1971
  • Mr. Bo KaraSenior VP and Head of Pharmaceutical Development & CMC
  • Ms. Bharti NavsariwalaVP & Head of Regulatory Affairs

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue00-3.29M0-122.00K393.00K49.21M1.51M10.00M0500.00K
Growth (%)---+100.00%-+422.13%+12422.43%-96.94%+563.57%-100.00%-
Cost of Revenue024.56M34.61M22.70M2.01M2.05M24.17M-1.15M2.57M1.09M133.00K
Gross Profit0-24.56M-37.89M-22.70M-2.01M-2.05M25.04M1.15M7.43M-1.09M367.00K
Gross Margin--1153.38%-1649.05%-521.75%50.89%76.05%74.26%-73.40%
Operating Expense13.16M11.62M7.41M12.50M48.40M46.13M53.30M55.57M35.84M46.28M38.62M
Operating Income-13.16M-36.18M-45.30M-35.21M-50.41M-48.18M-28.26M-54.43M-28.42M-47.36M-38.26M
Operating Margin--1378.99%-41322.44%-12258.72%-57.42%-3611.55%-284.16%--7651.40%
EBITDA--38.41M-44.44M-34.86M-44.57M-203.41M25.49M-37.87M-26.06M-40.80M-40.47M
EBITDA Margin--1352.72%-36531.10%-51759.16%51.79%-2513.21%-260.56%--8094.80%
Net Income-12.19M-28.39M-38.80M-32.03M-44.45M-209.83M17.17M-42.22M-29.47M-43.25M-41.88M
Net Income Margin--1180.99%-36435.94%-53391.63%34.90%-2801.59%-294.66%--8375.60%
R&D214.40M24.56M34.61M22.70M30.12M20.96M31.80M29.46M17.42M20.93M17.77M
R&D as % of Total Revenue---1053.38%--24686.59%5334.01%64.61%1955.21%174.18%-3553.20%
Interest Expense0179.76K1.09M2.36M3.50M6.38M5.22M4.17M2.88M1.37M255.00K
Interest Expense % of Total Revenue---33.18%--2865.57%1624.17%10.61%277.04%28.81%-51.00%

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets107.30M86.76M96.34M67.28M114.52M86.08M170.96M77.41M66.50M76.39M45.92M
Total Liabilities5.76M7.51M33.85M34.51M61.19M106.55M51.95M26.01M15.96M15.42M5.00M
Total Equity101.54M79.26M62.48M32.77M53.33M-20.47M119.01M51.40M50.54M60.97M40.92M
Cash79.68M53.58M50.04M25.04M20.93M31.35M126.75M68.18M57.42M69.80M40.99M
Total Debt2.80M3.13M20.75M21.48M42.94M24.53M22.66M15.37M5.95M6.43M202.00K
Net Debt-76.88M-50.45M-29.29M-3.56M22.01M-6.82M-104.08M-52.81M-51.47M-63.37M-40.79M

Cash Flow

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-6.70M-27.40M-32.15M-23.14M-60.22M-38.62M-7.07M-48.82M-21.13M-32.83M-30.97M
Investing Cash Flow-190.16K372.61K-3.74M251.56K56.77M2.04M-568.20K1.99M-419.00K-699.00K-20.00K
Financing Cash Flow19.14M68.36M33.74M-2.07M-7.49M47.34M104.80M200.00K7.97M46.15M327.00K
Capital Expenditure215.88K3.47K2.30M35.54K27.53K21.81K722.05K13.00K419.00K699.00K20.00K
Free Cash Flow--27.40M-34.44M-23.17M-60.25M-38.65M-7.79M-48.83M-21.55M-33.53M-30.99M
Dividends Paid00000000---
FCF to OCF-100.01%107.14%100.15%100.05%100.06%110.21%100.03%101.98%102.13%100.06%
Dividend Paid to FCF-0.00%0.00%0.00%0.00%0.00%0.00%0.00%---

Earnings

Report DateMar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016Mar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Apr 29, 2019Sep 17, 2019Dec 31, 2019Mar 31, 2020Jun 15, 2020Sep 29, 2020Dec 31, 2020Mar 31, 2021Jun 2, 2021Aug 11, 2021Mar 30, 2022Nov 1, 2022Mar 28, 2023May 31, 2023Sep 7, 2023Nov 17, 2023Mar 27, 2024May 15, 2024Aug 13, 2024Nov 12, 2024Mar 26, 2025May 13, 2025Aug 12, 2025Nov 10, 2025Mar 19, 2026Apr 1, 2026Aug 11, 2026Nov 9, 2026
EPS Estimate0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00-0.260.000.000.00-0.14-0.14-0.03-0.02-0.020.00-0.020.00-0.02-0.01-0.01-0.01-0.01-0.01-0.010.01-0.01-0.01-0.01-0.01
EPS Actual-2.13-1.96-0.68-0.65-1.06-1.10-0.76-0.77-0.84-0.79-0.69-0.67-0.72-0.70-0.54-0.59-3.29-3.28-0.23-0.240.08-0.140.00-0.170.06-0.020.00-0.020.00-0.01-0.06-0.02-0.02-0.01-0.02-0.01-0.01-0.01-0.01-0.01-
Surprise------------------1160.38%---0.50%100.00%-466.67%400.00%0.00%-0.00%-25.00%-539.00%-100.00%-100.00%0.00%-100.00%0.00%-175.19%0.00%43.41%0.00%-
Timing-------------Pre-marketPre-market--After-hoursPre-market-After-hours--After-hoursAfter-hoursAfter-hours-Pre-marketAfter-hours-After-hoursPre-marketPre-market-Pre-marketPre-marketAfter-hoursPre-market-Pre-marketPre-market

Key Statistics & Ratios

Market Cap59.09M
Enterprise Value25.65M
Trailing P/E0.00
Forward P/E0.00
Price / Sales97.53
Price / Book1.91
EPS-0.20
Book Value0.18
Revenue (TTM)0
Gross Profit (TTM)-1.00K
EBITDA-32.42M
Profit Margin0.00%
Operating Margin0.00%
Return on Equity-67.85%
Return on Assets-42.46%
Shares Outstanding159.69M
Shares Float125.02M
Beta0.27
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 8 analystsTarget 1.96
  • Strong Buy
    6
  • Buy
    2

Ownership Breakdown

Institutions
35.46%
Insiders
0.75%
Retail / Other
63.79%

Top Institutional Holders

  • Rubric Capital Management LP
    15.31M9.59%
  • 683 Capital Management LLC
    12.00M7.51%
  • Bank of America Corp
    8.20M5.13%
  • Defilade Capital Management, L.P.
    7.56M4.73%
  • Newtyn Management LLC
    7.08M4.43%
  • Tejara Capital Ltd
    2.04M1.28%
  • UBS Group AG
    1.49M0.93%
  • Two Sigma Investments LLC
    1.32M0.83%
  • EcoR1 Capital, LLC
    1.00M0.63%
  • Sontag Advisory LLC
    765.00K0.48%
  • Marshall Wace Asset Management Ltd
    686.99K0.43%
  • Citadel Advisors Llc
    444.16K0.28%
  • Group One Trading, LLC
    335.83K0.21%
  • BlackRock Inc
    302.99K0.19%
  • Acadian Asset Management LLC
    209.08K0.13%
  • Susquehanna International Group, LLP
    195.92K0.12%
  • ADAR1 Capital Management LLC
    150.00K0.09%

Top Fund Holders

  • International Biotechnology Ord
    1.07M0.67%
  • HealthInvest Sustainable Healthcare E
    358.90K0.22%
  • HealthInvest S&M Cap Healthcare C
    186.20K0.12%