Merlin, Inc. (MRLN)

Merlin Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024
Cash & Equivalents	122.78	59.34	2.11
Short-Term Investments	0.33	0.33	-
Cash & Short-Term Investments	123.1	59.67	2.11
Cash Growth	-	2731.71%	-
Accounts Receivable	1.34	0.37	-
Other Current Assets	5.57	10.89	0.2
Total Current Assets	130.01	70.93	2.31
Net Property, Plant & Equipment	12.69	8.09	-
Long-Term Investments	-	-	251.76
Other Long-Term Assets	2.68	1.56	0.15
Total Assets	145.38	80.58	254.22
Accounts Payable	6.86	3.15	-
Accrued Expenses	6.34	7.94	0.08
Short-Term Debt	-	29.11	-
Current Portion of Long-Term Debt	-	19.27	-
Current Portion of Leases	0.98	0.66	-
Other Current Liabilities	0.74	4.17	1
Total Current Liabilities	14.91	64.3	1.08
Long-Term Debt	-	12.78	-
Long-Term Leases	1.44	0.33	-
Other Long-Term Liabilities	87.8	76.77	8.75
Total Long-Term Liabilities	89.25	89.88	8.75
Total Liabilities	104.16	154.18	9.83
Common Stock	0.01	0.01	0
Additional Paid-in Capital	502.35	477.45	-
Retained Earnings	-641.47	-551.05	-7.37
Total Common Shareholders' Equity	-139.11	-73.6	-7.37
Minority Interest	180.33	-	251.76
Shareholders' Equity	41.22	-73.6	244.39
Total Liabilities & Equity	145.38	80.58	254.22
Total Debt	2.42	62.15	0
Net Cash (Debt)	120.68	-2.48	2.11
Net Cash Per Share	3.24	-0.10	0.28
Book Value	-139.11	-73.6	-7.37
Book Value Per Share	-3.73	-2.89	-0.98
Tangible Book Value	-139.11	-73.6	-7.37
Tangible Book Value Per Share	-3.73	-2.89	-0.98

Updated May 15, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.