Mereo BioPharma Group plc (MREO)
NASDAQ: MREO · Real-Time Price · USD
0.3031
+0.0121 (4.16%)
At close: Nov 4, 2026, 4:00 PM EST
0.3075
+0.0044 (1.45%)
After-hours: Nov 4, 2026, 7:15 PM EST
Mereo BioPharma Group Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Net Income | -7.01 | -6.72 | -7.35 | -7.02 | -14.62 | -12.89 | -7.05 | -15 | -12.26 | -8.95 | -9.11 | -6.53 | -1.75 | -12.08 | -9.57 | -10.44 | -11.64 | -12.59 | 0.43 | 0.43 |
Depreciation & Amortization | 0.3 | 0.31 | 0.59 | -0.01 | 0.3 | 0.27 | 0.27 | 0.28 | 0.26 | 0.28 | 0.28 | 0.28 | 0.27 | 0.23 | 0.18 | 0.2 | 0.26 | 0.29 | 0.26 | 0.26 |
Loss (Gain) From Sale of Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.08 | -0.08 |
Stock-Based Compensation | 1.32 | 1.61 | 1.54 | 1.71 | 2.07 | 2.28 | 1.52 | 1.74 | 2.09 | 2.05 | 0.82 | 1.53 | 0.94 | 1.64 | 0.91 | 1.02 | 1.49 | 1.61 | 1.04 | 1.04 |
Other Operating Activities | 0.34 | -1.66 | -0.22 | -2.39 | 5.45 | 2.52 | -5.02 | 6.84 | 0.35 | 0.14 | 3.33 | -1.79 | 1.81 | 0.6 | -2.41 | -2.6 | -2.57 | -2.78 | -12.56 | -12.53 |
Change in Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.2 | -0.18 | 0.2 | 0.22 | 0.74 | 0.73 |
Change in Accounts Payable | -2.14 | 1.96 | 0.45 | -0.24 | -1.95 | 0.36 | 0.84 | -1.07 | 0.24 | 0.13 | 0.99 | -0.76 | -2.31 | 0.81 | -0.51 | -0.45 | 0.83 | 0.9 | -0.08 | -0.08 |
Change in Other Net Operating Assets | 1.14 | 0.2 | -2.69 | 0.64 | 1.11 | -0.88 | 0.01 | -0.32 | 1.42 | -1.63 | -3.09 | 9.92 | -6.72 | -0.44 | -1.48 | -1.48 | - | - | - | - |
Operating Cash Flow | -6.04 | -4.31 | -7.68 | -7.31 | -7.65 | -8.33 | -9.42 | -7.52 | -7.9 | -7.99 | -6.79 | 2.66 | -7.75 | -9.25 | -13.08 | -13.93 | -11.43 | -12.36 | -10.25 | -10.22 |
Operating Cash Flow Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Investing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Capital Expenditures | - | - | - | - | - | -0.02 | - | - | - | - | - | - | - | - | -0 | -0 | -0.01 | -0.01 | -0.36 | -0.36 |
Sale (Purchase) of Intangibles | - | -0.3 | - | 0.3 | - | -0.3 | - | - | 0 | -0.7 | - | - | - | -0.42 | 0.11 | 0.17 | 0.9 | 0.98 | 0.08 | 0.08 |
Other Investing Activities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.3 | 0.28 | -0.3 | -0.33 | - | - |
Investing Cash Flow | - | -0.3 | - | 0.3 | - | -0.32 | - | - | 0 | -0.7 | - | - | - | -0.42 | 0.41 | 0.45 | 0.59 | 0.64 | -0.29 | -0.28 |
Financing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Lease Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.27 | 0.25 | -0.27 | -0.29 | -0.27 | -0.27 |
Total Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | -3.19 | - | - | 0.27 | 0.25 | -0.27 | -0.29 | -0.27 | -0.27 |
Net Debt Issued (Repaid) | - | - | - | - | - | - | - | - | - | - | - | -3.19 | - | - | 0.27 | 0.25 | -0.27 | -0.29 | -0.27 | -0.27 |
Issuance of Common Stock | - | - | 0.04 | - | - | 0.49 | - | - | 47 | - | - | 11.61 | - | - | - | - | - | - | 0.03 | 0.03 |
Other Financing Activities | - | - | - | - | -0.13 | -0.07 | -0.04 | -0.59 | -0.22 | - | - | -0.51 | 0.07 | - | 0.01 | 0.01 | 0.09 | 0.1 | - | - |
Financing Cash Flow | - | - | 0.04 | - | -0.13 | 0.42 | -0.04 | -0.59 | 46.78 | - | - | 7.91 | 0.07 | - | 0.28 | 0.26 | -0.18 | -0.19 | -0.24 | -0.24 |
Net Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Foreign Exchange Rate Adjustments | -0.06 | -0.16 | -0.06 | -0.42 | 1.43 | 0.91 | -1.26 | 1.2 | -0.11 | -0.07 | 1.68 | -1 | 0.85 | 1.29 | -6.44 | -6.43 | 0.15 | 0.16 | 0.08 | 0.08 |
Miscellaneous Cash Flow Adjustments | - | - | - | - | - | - | - | - | - | - | -0 | - | - | - | - | - | - | - | - | - |
Net Cash Flow | -6.11 | -4.77 | -7.71 | -7.43 | -6.36 | -7.32 | -10.72 | -6.91 | 38.77 | -8.76 | -5.11 | 9.56 | -6.84 | -8.37 | -18.84 | -19.65 | -10.86 | -11.75 | -10.7 | -10.66 |
Free Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | -6.04 | -4.31 | -7.68 | -7.31 | -7.65 | -8.35 | -9.42 | -7.52 | -7.9 | -7.99 | -6.79 | 2.66 | -7.75 | -9.25 | -13.08 | -13.93 | -11.43 | -12.37 | -10.61 | -10.58 |
Free Cash Flow Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Free Cash Flow Margin | - | - | - | - | -1530.20% | - | - | - | - | - | -678.90% | - | -86.16% | - | - | - | - | - | - | - |
Free Cash Flow Per Share | -0.04 | -0.03 | -0.05 | -0.05 | -0.05 | -0.05 | -0.06 | -0.05 | -0.06 | -0.06 | -0.05 | 0.02 | -0.06 | -0.07 | -0.10 | -0.11 | -0.10 | -0.11 | -0.09 | -0.09 |
Levered Free Cash Flow | -3.72 | -1.53 | -4.48 | -3.93 | -4.42 | -5.08 | -6.71 | -5.55 | -3.17 | -6.08 | - | - | - | - | -7.73 | -19.53 | -6.27 | 1.62 | -8.55 | 2.26 |
Unlevered Free Cash Flow | -3.71 | -1.52 | -4.46 | -3.92 | -4.41 | -4.97 | -6.47 | -5.33 | -2.96 | -5.88 | - | - | - | - | -7.06 | -18.81 | -5.64 | 2.31 | -7.76 | 3.05 |
Free Cash Flow After Leases | -6.04 | -4.31 | -7.68 | -7.31 | -7.65 | -8.35 | -9.42 | -7.52 | -7.9 | -7.99 | -6.79 | 2.66 | -7.75 | -9.25 | -12.81 | -13.69 | -11.7 | -12.66 | -10.89 | -10.85 |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash Interest Paid | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | - | 0.01 | 0 | 0.02 | 0 | 0.18 | 0.68 | 0.01 | 0.01 | - | - | - | - |
Cash Income Tax Paid | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.04 | 0.94 | 0.94 | - | - | - | - |
Change in Working Capital | -1 | 2.16 | -2.25 | 0.4 | -0.84 | -0.51 | 0.86 | -1.38 | 1.66 | -1.51 | -2.1 | 9.17 | -9.03 | 0.37 | -2.2 | -2.12 | 1.03 | 1.11 | 0.65 | 0.65 |