Merlin, Inc. (MRLN)

Merlin Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec 31, 2025	Dec 31, 2024
Revenue	-	1.23
Cost of Revenue	-	8.5
Gross Profit	-	-7.27
Selling, General & Admin	3.86	19.61
Research & Development	-	27.15
Total Operating Expenses	3.86	46.75
Operating Income	-3.86	-54.03
Interest Income	10.54	2.01
Interest Expense	-	-2.42
Other Non-Operating Income (Expense)	0.67	-0.46
Total Non-Operating Income (Expense)	11.21	-0.88
Pretax Income	7.35	-54.9
Provision for Income Taxes	-	0.35
Net Income	6.01	-55.25
Net Income to Common	6.01	-55.25
Shares Outstanding (Basic)	25	5
Shares Outstanding (Diluted)	25	5
Shares Change (YoY)	396.75%	-
EPS (Basic)	0.18	-10.80
EPS (Diluted)	0.18	-10.80
Shares Outstanding	8.76	8.76
Free Cash Flow	-1.33	0
Free Cash Flow Per Share	-0.05	-
Gross Margin	-	-591.62%
Operating Margin	-	-4395.85%
Profit Margin	-	-4495.77%
EBITDA	-3.86	-54.03
EBIT	-3.86	-54.03
EBIT Margin	-	-4395.85%
Effective Tax Rate	0.00%	-0.64%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.