Merus Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Net Income	-154.94	-131.19	-66.82	-85.51	-55.15	-28.31	-71.25	-52.18	-25.58	-19.15
Depreciation & Amortization	2.54	1.29	1.49	1.44	1.14	0.75	0.35	0.26	0.21	0.28
Share-Based Compensation	26.23	24.54	17.09	9.37	7.83	9.75	14.1	3.64	0.62	0.17
Other Operating Activities	-16.03	-44.53	-11.39	-5.2	-16.87	-28.29	15.73	19.98	-0.37	2.7
Operating Cash Flow	-142.21	-149.9	-59.63	-79.9	-63.05	-46.1	-41.08	-28.31	-25.12	-16
Capital Expenditures	-3.98	-7.59	-0.87	-1.29	-2.22	-1.83	-0.8	-0.55	-0.11	-0.17
Change in Investments	-23.04	10.44	-145.75	-0.2	26.77	-20.82	-46.01	0	0	0
Other Investing Activities	-	-0.05	-	-	-0.38	-2.51	1.02	0.1	0.06	0.08
Investing Cash Flow	-27.02	2.8	-146.62	-1.49	24.17	-25.17	-45.79	-0.45	-0.06	-0.09
Share Issuance / Repurchase	230.53	58.95	282.25	39.52	74.23	63.04	82.21	55.6	51.13	6.64
Debt Issued / Paid	0	0	0	0	0	0	-0.53	-0.18	8.62	-0.18
Other Financing Activities	-0.45	-0.21	-0.29	-	-	-	123.17	-0.2	0.06	0.2
Financing Cash Flow	230.09	58.74	281.96	39.52	74.23	63.04	204.84	55.22	59.8	6.65
Exchange Rate Effect	-4.28	-4.95	2.76	7.34	-2.27	-6.56	-15.87	0.01	0	0
Net Cash Flow	56.58	-93.31	78.47	-34.53	33.08	-14.78	117.9	26.47	34.41	-9.49
Free Cash Flow	-146.19	-157.49	-60.5	-81.19	-65.27	-47.93	-41.87	-28.85	-25.23	-16.18
Free Cash Flow Margin	-332.65%	-378.70%	-123.19%	-271.14%	-209.65%	-124.89%	-173.69%	-1044.98%	-1204.15%	-1128.55%
Free Cash Flow Per Share	-2.83	-3.51	-1.57	-2.77	-2.69	-2.15	-2.60	-2.03	-1.77	-

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).