Merlin, Inc.

MRLN

MRLNMerlin, Inc. US flag

NASDAQ Global Market

3.83

USD

+0.25

- -

369.69MMarket Cap

Income Statement (USD)

API ChatGPT

	2023 Y	2024 Y
As of date	12/31/2023	12/31/2024

Sales/Revenue/Turnover	1	1
+ Sales & Services Revenue	1	1
- Cost of Revenue	1	8
+ Cost of Goods & Services	1	8
Gross Profit	- -	-7
+ Other Operating Income	- -	- -
- Operating Expenses	39	47
+ Selling, General & Admin	14	20
+ Research & Development	25	27
+ Other Operating Expense	- -	- -
Operating Income (Loss)	-38	-54
- Non-Operating (Income) Loss	-3	1
+ Interest Expense, Net	-3	- -
+ Interest Expense	- -	2
- Interest Income	3	2
+ Other Non-Op (Income) Loss	- -	- -
Pretax Income	-36	-55
- Income Tax Expense (Benefit)	1	- -
- (Income) Loss from Affiliates	- -	- -
Income (Loss) from Cont Ops	-36	-55
- Net Extraordinary Losses (Gains)	- -	- -
+ Discontinued Operations	- -	- -
+ Extraord. & Accounting Changes	- -	- -
Income (Loss) Incl. MI	-36	-55
- Minority Interest	- -	- -
Net Income, GAAP	-36	-55
- Preferred Dividends	- -	- -
- Other Adjustments	- -	- -
Net Income Avail to Common, GAAP	-36	-55
EBIT	-38	-54
EBITDA	-37	-52
EBITDA Margin (%)	-3,652.94	-4,229.78
EBITA	-38	-54
Gross Margin (%)	26.72	-591.62
Operating Margin (%)	-3,832.1	-4,395.85
Profit Margin (%)	-3,635.39	-4,495.77
Sales per Employee	- -	- -
Dividend per Share	- -	- -
Depreciation Expense	2	2
Basic Weighted Avg Shares	71	71
Basic EPS, GAAP	-0.51	-0.78
Basic EPS from Cont Ops	-0.51	-0.78
Diluted Weighted Avg Shares	71	71
Diluted EPS, GAAP	-0.51	-0.78
Diluted EPS from Cont Ops	-0.51	-0.78

Balance Sheet (USD)

API ChatGPT

	2023 Y	2024 Y
As of date	12/31/2023	12/31/2024

Total Current Assets	53	39
+ Cash, Cash Equivalents & STI	51	38
+ Cash & Cash Equivalents	50	37
+ ST Investments	1	- -
+ Accounts & Notes Receiv	- -	1
+ Accounts Receivable, Net	- -	1
+ Notes Receivable, Net	- -	- -
+ Loans Receivable, Net	- -	- -
+ Other Receivable, Net	- -	- -
+ Inventories	- -	- -
+ Raw Materials	- -	- -
+ Work In Process	- -	- -
+ Finished Goods	- -	- -
+ Inventory Adjustments	- -	- -
+ Other Inventory	- -	- -
+ Other ST Assets	2	1
+ Misc ST Assets	- -	- -
+ Prepaid Expenses	- -	- -
+ ST Derivative & Hedging Assets	- -	- -
+ ST Assets Held-for-Sale	- -	- -
+ ST Deferred Tax Assets	- -	- -
Total Noncurrent Assets	10	10
+ Property, Plant & Equip, Net	10	10
+ Property, Plant & Equip	12	14
- Accumulated Depreciation	2	4
+ LT Investments & Receivables	- -	- -
+ LT Investments	- -	- -
+ LT Receivables	- -	- -
+ Other LT Assets	- -	- -
+ Total Intangible Assets	- -	- -
+ Goodwill	- -	- -
+ Other Intangible Assets	- -	- -
+ LT Deferred Tax Assets	- -	- -
+ LT Derivative & Hedging Assets	- -	- -
+ Misc LT Assets	- -	- -
Total Assets	62	49
+ Payables & Accruals	3	4
+ Accounts Payable	1	1
+ Accrued Taxes	- -	- -
+ Interest & Dividends Payable	- -	- -
+ Other Payables & Accruals	2	3
+ ST Debt	2	15
+ ST Borrowings	1	14
+ ST Finance Leases	1	1
+ Other ST Liabilities	- -	5
+ Deferred Revenue	- -	- -
+ Derivatives & Hedging	- -	- -
+ Deferred Tax Liabilities	- -	- -
+ Misc ST Liabilities	- -	5
Total Current Liabilities	5	24
+ LT Debt	2	22
+ LT Borrowings	1	22
+ LT Finance Leases	1	1
+ Other LT Liabilities	133	134
+ Accrued Liabilities	- -	- -
+ Pension Liabilities	- -	- -
+ Deferred Revenue	- -	- -
+ Deferred Tax Liabilities	- -	- -
+ Derivatives & Hedging	- -	- -
+ Misc LT Liabilities	133	134
Total Noncurrent Liabilities	136	157
Total Liabilities	140	181
+ Preferred Equity and Hybrid Capital	- -	- -
+ Share Capital & APIC	2	4
+ Common Stock	- -	- -
+ Additional Paid in Capital	2	4
- Treasury Stock	- -	- -
+ Retained Earnings	-80	-136
+ Other Equity	- -	- -
Equity Before Minority Interest	-78	-132
+ Minority/Non Controlling Interest	- -	- -
Total Equity	-78	-132
Total Liabilities & Equity	62	49
Shares Outstanding	83	83
Number of Employees	- -	- -
Capital Leases - Total	2	1
Net Debt	-48	-1
Net Debt to Equity	61.74	0.99
Tangible Common Equity Ratio	-125.09	-267.35
Current Ratio	11.04	1.62
Cash Conversion Cycle	- -	24.96

Cash Flow Statement (USD)

API ChatGPT

	2023 Y	2024 Y
As of date	12/31/2023	12/31/2024

+ Net Income	-36	-55
+ Depreciation & Amortization	2	2
+ Non-Cash Items	2	8
+ Stock-Based Compensation	2	2
+ Deferred Income Taxes	- -	- -
+ Asset Impairment Charge	- -	- -
+ Other Non-Cash Adj	- -	7
+ Chg in Non-Cash Work Cap	1	-1
+ (Inc) Dec in Accts Receiv	- -	-1
+ (Inc) Dec in Inventories	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	1
+ Inc (Dec) in Accts Payable	2	1
+ Inc (Dec) in Other	-1	-2
+ Net Cash From Disc Ops	- -	- -
Cash from Operating Activities	-32	-46
+ Change in Fixed & Intang	- -	- -
+ Disp in Fixed & Intang	- -	- -
+ Disp of Fixed Prod Assets	- -	- -
+ Disp of Intangible Assets	- -	- -
+ Acq of Fixed & Intang	-5	-2
+ Acq of Fixed Prod Assets	-5	-2
+ Acq of Intangible Assets	- -	- -
+ Cash (Repurchase) of Equity	- -	- -
+ Increase in Capital Stock	- -	- -
+ Decrease in Capital Stock	- -	- -
+ Net Change in LT Investment	- -	- -
+ Dec in LT Investment	- -	- -
+ Inc in LT Investment	- -	- -
+ Net Cash From Acq & Div	- -	- -
+ Cash from Divestitures	- -	- -
+ Cash for Acq of Subs	- -	- -
+ Cash for JVs	- -	- -
+ Other Investing Activities	- -	- -
+ Net Cash From Disc Ops	- -	- -
Cash from Investing Activities	-5	-2
+ Dividends Paid	- -	- -
+ Net Cash From Debt	-1	33
+ Cash From Debt	- -	34
+ Repayments of Debt	-1	-1
+ Other Financing Activities	-1	1
+ Net Cash From Disc Ops	- -	- -
Cash from Financing Activities	-3	34
Effect of Foreign Exchange Rates	- -	- -
Net Changes in Cash	-39	-13
EBITDA	-37	-52
EBITDA Margin (%)	-3,652.94	-4,229.78
Free Cash Flow	-37	-47
Net Cash Paid for Acquisitions	- -	- -
Free Cash Flow to Firm	- -	- -
Free Cash Flow to Equity	- -	-14
Free Cash Flow per Basic Share	-0.52	-0.67
Price/Free Cash Flow	- -	- -
Cash Flow to Net Income	0.87	0.82
Capital Expenditures	-5	-2