Metsera, Inc. (MTSR)

Metsera Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	-307.82	-209.13	-47.21
Depreciation & Amortization	0.02	0.01	0
Stock-Based Compensation	8.29	2.39	0.09
Other Adjustments	103.03	81.19	8.11
Changes in Accounts Payable	13.01	16.55	2.6
Changes in Accrued Expenses	27.99	14.06	2.42
Changes in Other Operating Activities	-2.4	-5.12	-1.41
Operating Cash Flow	-177.98	-100.04	-35.39
Capital Expenditures	-	-0.04	-0.03
Payments for Business Acquisitions	-	-	-28.21
Investing Cash Flow	-	-0.04	-28.24
Issuance of Preferred Stock	-	398	123.9
Net Preferred Stock Issued (Repurchased)	-	398	123.9
Other Financing Activities	-	-19.8	-0.22
Financing Cash Flow	628.64	378.2	123.68
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4.09	-0.86	0.17
Net Cash Flow	454.55	277.25	60.22
Beginning Cash & Cash Equivalents	76.37	75.2	14.98
Ending Cash & Cash Equivalents	530.92	352.45	75.2
Free Cash Flow	-177.98	-100.08	-35.42
Free Cash Flow Per Share	-3.41	-6.93	-2.61
Levered Free Cash Flow	346.44	234.59	50.79
Unlevered Free Cash Flow	-279.01	-189.76	-40.08

Updated Nov 12, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q