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Merlin, Inc. (MRLN)
NASDAQ: MRLN · Real-Time Price · USD
3.660
-0.760 (-17.19%)
Aug 14, 2026, 9:37 AM EDT - Market open

Merlin Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024
Period Ending
Jun '26 Dec '25 Dec '24
Net Income
-113.816.011.52
Depreciation & Amortization
1.68--
Stock-Based Compensation
6.380.67-
Other Adjustments
75.38-10.48-1.64
Change in Receivables
-1.39--
Changes in Accounts Payable
2.72--
Changes in Accrued Expenses
6.782.330
Changes in Unearned Revenue
0.04--
Changes in Other Operating Activities
-4.120.15-0.35
Operating Cash Flow
-27-1.33-0.47
Operating Cash Flow Growth
---

Investing Activities

Fiscal Year
TTMFY 2025FY 2024
Period Ending
Jun '26 Dec '25 Dec '24
Capital Expenditures
-3.82--
Purchases of Investments
---250
Investing Cash Flow
-3.72--250

Financing Activities

Fiscal Year
TTMFY 2025FY 2024
Period Ending
Jun '26 Dec '25 Dec '24
Long-Term Debt Repaid
-33.64--0.4
Net Long-Term Debt Issued (Repaid)
-33.64--0.4
Issuance of Common Stock
27.75-253.25
Net Common Stock Issued (Repurchased)
27.75-253.25
Issuance of Preferred Stock
71.81--
Net Preferred Stock Issued (Repurchased)
71.81--
Other Financing Activities
50.18-0.08-0.28
Financing Cash Flow
187.11-0.08252.57

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024
Period Ending
Jun '26 Dec '25 Dec '24
Net Cash Flow
156.38-1.42.11

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024
Period Ending
Jun '26 Dec '25 Dec '24
Free Cash Flow
-30.82-1.33-0.47
Free Cash Flow Growth
---
FCF Margin
-964.48%--
Free Cash Flow Per Share
-0.57-0.05-0.06
Levered Free Cash Flow
-334.478.480.77
Unlevered Free Cash Flow
-38.78-1.38-0.6