Merus N.V. (MRUS)

Merus Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	442.79	293.29	204.25	147.75	241.44	163.08
Short-Term Investments	267.43	243.73	150.13	142.48	168.99	44.67
Cash & Short-Term Investments	710.22	537.03	354.38	290.23	410.43	207.76
Cash Growth	-9.80%	51.54%	22.10%	-29.29%	97.55%	-13.35%
Accounts Receivable	16.89	1.26	2.43	4.05	6.31	1.67
Other Receivables	3.74	3.45	1.55	0.65	0.37	0.08
Receivables	20.63	4.71	3.98	4.7	6.67	1.75
Prepaid Expenses	6.03	2.82	2.06	2.94	4.91	7.43
Other Current Assets	31.4	24.51	8.4	8.58	2.18	1.06
Total Current Assets	768.28	569.07	368.81	306.44	424.18	217.99
Property, Plant & Equipment	21.67	20.02	23.5	24.84	7.28	8.02
Long-Term Investments	184.16	187.01	57.31	36.46	20.3	-
Other Intangible Assets	1.8	1.68	1.8	1.95	2.35	2.84
Long-Term Deferred Tax Assets	0.76	1.52	1.2	2.04	0.42	0.41
Other Long-Term Assets	3.51	3.39	2.87	4.81	2.08	1.95
Total Assets	980.18	782.69	455.49	376.54	456.6	231.22
Accounts Payable	21.08	4.16	4.6	9.83	13.24	3.13
Accrued Expenses	39.87	43.85	38.45	35.55	21.4	21.8
Current Portion of Leases	2.25	1.7	1.67	1.68	1.49	1.43
Current Income Taxes Payable	0.48	7.32	1.65	2.4	-	0.21
Current Unearned Revenue	26.39	29.93	22.69	29.42	34.66	20.18
Other Current Liabilities	1.51	0.1	0.04	0.04	1.11	-
Total Current Liabilities	91.58	87.08	69.09	78.93	71.9	46.75
Long-Term Leases	8.75	8.21	10.49	11.79	2.26	2.52
Long-Term Unearned Revenue	38.11	39.48	19.57	38.77	66.24	79.69
Total Liabilities	138.44	134.77	99.15	129.49	140.4	128.95
Common Stock	7.65	6.96	5.88	4.75	4.48	3.21
Additional Paid-In Capital	2,039	1,665	1,126	870.87	787.87	490.09
Retained Earnings	-1,223	-968.39	-753.06	-598.12	-466.93	-400.11
Comprehensive Income & Other	18.37	-55.47	-22.53	-30.45	-9.22	9.07
Total Common Equity	841.74	647.93	356.34	247.06	316.2	102.26
Shareholders' Equity	841.74	647.93	356.34	247.06	316.2	102.26
Total Liabilities & Equity	980.18	782.69	455.49	376.54	456.6	231.22
Total Debt	11	9.91	12.16	13.47	3.75	3.95
Net Cash (Debt)	880.95	714.12	399.53	313.21	426.97	203.8
Net Cash Growth	5.46%	78.74%	27.56%	-26.64%	109.50%	-13.83%
Net Cash Per Share	12.72	11.12	7.74	6.97	11.05	6.97
Filing Date Shares Outstanding	75.63	69.09	57.88	46.32	43.47	38.13
Total Common Shares Outstanding	75.57	68.83	57.83	46.31	43.47	31.6
Working Capital	676.7	482	299.73	227.52	352.28	171.25
Book Value Per Share	11.14	9.41	6.16	5.33	7.27	3.24
Tangible Book Value	839.94	646.25	354.54	245.11	313.85	99.42
Tangible Book Value Per Share	11.12	9.39	6.13	5.29	7.22	3.15
Machinery	-	10.44	9.54	8.22	6.81	7
Construction In Progress	-	-	0.04	0.08	1.06	0.5
Leasehold Improvements	-	9.82	10.29	9.11	0.11	0.12

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q