Income statement
USD
Annual
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 570M | 0 | 0 | 0 | 0 |
| Gross Profit | 131M | 0 | 0 | 0 | 0 |
| Operating Income | 95M | -282M | 87M | -59M | 209M |
| EBITDA | 317M | -274M | 95M | -57M | 209M |
| Net Income | -32M | -279M | 87M | -60M | 191M |
| EPS (Diluted) | — | — | — | — | — |
Energy
Live Price
Offline$1.69
-0.59% today
1Y Change
+31.78%
Window
Jun 23, 2025 → May 28, 2026
Coverage: 235 bars · Jun 23, 2025 → May 28, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Meren Energy Inc. (MRNFF) is a Energy stock with a market cap of $1.14B and listed on OTC. The stock last traded around $1.69 and up 31.8% across the available one-year price window (Jun 23, 2025 → May 28, 2026). Baseline metrics include revenue growth of 0.0%, EPS growth of +91.7%, a dividend yield of 8.4%. What stands out right now is revenue 0.0%, EPS +91.7%, free cash flow +797.6% with operating margin 17.3% and ROIC -18.8%. The dividend matters to the case here, with a current yield around 8.4%. Valuation is more restrained than many high-expectation growth names at price/sales 2.2. Stock Foundry combines MRNFF price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Energy peers on this page.
Benchmark Comparison
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
MRNFF
—
Normalized return
SPY
—
S&P 500
Excess Return
—
Relative to SPY
MRNFF Max Drawdown
-13.77%
Trailing 1Y
SPY Max Drawdown
—
Trailing 1Y
Uses the longest available daily history for MRNFF and SPY.
Financial profile
Profitability, balance sheet stamina, and cash efficiency drawn from the latest filings.
FY Revenue
$0.0
FY Net Income
$190.7M
+416.3% YoY
Free Cash Flow
-$15.4M
+18.1% YoY
Revenue Growth
+0.0%
EPS Growth
+91.7%
Gross Margin
24.2%
Net Margin
-5.9%
Income statement
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 570M | 0 | 0 | 0 | 0 |
| Gross Profit | 131M | 0 | 0 | 0 | 0 |
| Operating Income | 95M | -282M | 87M | -59M | 209M |
| EBITDA | 317M | -274M | 95M | -57M | 209M |
| Net Income | -32M | -279M | 87M | -60M | 191M |
| EPS (Diluted) | — | — | — | — | — |
Balance sheet
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | 174M | 61M | 232M | 200M | 59M |
| Total Assets | 1.9B | 615M | 966M | 918M | 992M |
| Total Liabilities | 1.2B | 66M | 72M | 87M | 44M |
| Shareholder Equity | 765M | 549M | 895M | 831M | 948M |
| Total Debt | 333M | 3M | 0 | 0 | 0 |
| Net Debt | 159M | -58M | -232M | -200M | -59M |
Cash flow positioning
Latest Full Year
Operating Cash Flow
11M
+30.3% YoY
Capital Expenditures
5M
-39.4% YoY
Free Cash Flow
15M
+18.1% YoY
Key ratios
Gross Margin
24.2%
Operating Margin
17.3%
Net Margin
-5.9%
ROE
-3.8%
Debt / Equity
0.44x
Next Step
Use the numbers to decide whether this is a growth candidate, a quality compounder, or just an interesting outlier.