Merlin Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024
Period Ending	Apr '26 Apr 6, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Market Cap	895	206	206
Market Cap Growth	166.05%	-	-
Enterprise Value	897.94	467.27	455.38
Last Close Price	6.92	23.49	23.49
PE Ratio	-	130.50	-2.17
PS Ratio	118.59	-	167.40
PB Ratio	-	-18.42	-27.93
P/TBV Ratio	-15.76	-53.48	-16.32
P/FCF Ratio	-	-154.84	-
P/OCF Ratio	-	-154.84	-
EV/Sales Ratio	118.92	-	370.53
EV/EBITDA Ratio	-	-121.14	-8.43
EV/EBIT Ratio	-	-121.14	-8.43
EV/FCF Ratio	-	-351.67	-
Net Debt / Equity Ratio	0.06	0.06	0.29
Net Debt / EBITDA Ratio	0.18	0.18	0.04
Net Debt / FCF Ratio	0.53	0.53	-
Asset Turnover	-	0	0.00
Quick Ratio	0.21	0.21	1.95
Current Ratio	0.27	0.27	2.14
Return on Equity (ROE)	2.43%	2.43%	-22.61%
Return on Assets (ROA)	-1.49%	-1.49%	-21.39%
Return on Invested Capital (ROIC)	-1.51%	-1.51%	-21.57%
Return on Capital Employed (ROCE)	-1.50%	-1.50%	-21.34%
Earnings Yield	-46.96%	0.77%	-45.98%
FCF Yield	-6.73%	-0.65%	0.00%
Buyback Yield / Dilution	-	-396.75%	-
Total Shareholder Return	-	-396.75%	-

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