NASDAQ : MGTX
MeiraGTx Holdings plc — Financial statements
Healthcare · Biotechnology · United States
Last price 9.705 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 932.10M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
MeiraGTx Holdings plc (MGTX) reported revenue of 397.50M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 397.50M | 81.39M | 33.28M | 14.02M | 15.92M | 37.70M |
| Cost of Revenue | 8.15M | 4.84M | 23.79M | |||
| Gross Profit | 389.35M | 76.55M | 9.49M | 14.02M | 15.92M | 37.70M |
| Selling, General & Admin | 52.16M | 52.90M | 54.22M | 47.29M | 46.55M | 43.77M |
| Research & Development | 153.16M | 129.62M | 119.48M | 103.78M | 85.72M | 66.69M |
| Operating Expenses | 205.32M | 182.52M | 173.70M | 151.08M | 132.28M | 110.46M |
| Operating Income | 184.03M | -105.97M | -164.21M | -137.06M | -116.36M | -72.76M |
| Interest Expense | -12.48M | -12.20M | -13.27M | -13.24M | -4.95M | -288.00K |
| Interest & Investment Income | 1.33M | 1.82M | 4.14M | 2.27M | 777.00K | 212.00K |
| Currency Exchange Gain (Loss) | -14.47M | 2.15M | -2.89M | 9.30M | -9.45M | -6.29M |
| Other Non Operating Income (Expenses) | -5.22M | 499.00K | 61.00K | -434.00K | ||
| EBT Excluding Unusual Items | 81.29M | -114.20M | -176.22M | -138.24M | -129.91M | -79.56M |
| Gain (Loss) on Sale of Investments | 300.00K | |||||
| Gain (Loss) on Sale of Assets | 28.43M | 54.21M | ||||
| Pretax Income | 81.29M | -114.20M | -147.79M | -84.03M | -129.62M | -79.56M |
| Income Tax Expense | 2.36M | |||||
| Earnings From Continuing Operations | 78.93M | -114.20M | -147.79M | -84.03M | -129.62M | -79.56M |
| Minority Interest in Earnings | 51.00K | |||||
| Net Income | 78.98M | -114.20M | -147.79M | -84.03M | -129.62M | -79.56M |
| Net Income to Common | 78.98M | -114.20M | -147.79M | -84.03M | -129.62M | -79.56M |
| Shares Outstanding (Basic) | 83.72M | 80.43M | 69.82M | 56.49M | 45.18M | 44.14M |
| Shares Outstanding (Diluted) | 84.58M | 80.43M | 69.82M | 56.49M | 45.18M | 44.14M |
| EPS (Basic) | 0.94 | -1.42 | -2.12 | -1.49 | -2.87 | -1.80 |
| EPS (Diluted) | 0.94 | -1.42 | -2.12 | -1.49 | -2.87 | -1.80 |
| Free Cash Flow | -14.17M | -50.59M | -109.45M | -125.54M | -118.06M | -56.88M |
| Free Cash Flow Per Share | -0.17 | -0.63 | -1.57 | -2.22 | -2.61 | -1.29 |
| Gross Margin | 97.95% | 94.05% | 28.51% | 100.00% | 100.00% | 100.00% |
| Operating Margin | 46.30% | -130.20% | -493.44% | -977.82% | -730.87% | -192.99% |
| Profit Margin | 19.87% | -140.31% | -444.10% | -599.47% | -814.17% | -211.03% |
| Free Cash Flow Margin | -3.56% | -62.16% | -328.89% | -895.62% | -741.59% | -150.87% |
| EBITDA | 196.13M | -93.43M | -151.38M | -123.33M | -107.63M | -64.89M |
| EBITDA Margin | 49.34% | -114.79% | -172.10% | |||
| D&A For EBITDA | 12.10M | 12.54M | 12.83M | 13.73M | 8.72M | 7.87M |
| EBIT | 184.03M | -105.97M | -164.21M | -137.06M | -116.36M | -72.76M |
| EBIT Margin | 46.30% | -130.20% | -192.99% | |||
| Revenue as Reported | 397.50M | 81.39M | 33.28M | 14.02M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 143.17M | 65.93M | 103.66M | 129.57M | 115.52M | 137.70M |
| Cash & Short-Term Investments | 143.17M | 65.93M | 103.66M | 129.57M | 115.52M | 137.70M |
| Accounts Receivable | 29.98M | 3.00M | 1.66M | 10.14M | 21.33M | 22.38M |
| Other Receivables | 14.29M | 15.29M | 8.97M | 13.28M | 7.69M | 12.63M |
| Receivables | 44.26M | 18.29M | 10.63M | 23.41M | 29.02M | 35.02M |
| Inventory | 385.00K | |||||
| Prepaid Expenses | 3.99M | 6.02M | 6.83M | 5.62M | 8.13M | 8.10M |
| Other Current Assets | 26.93M | 1.53M | 2.02M | 1.02M | 1.67M | 2.42M |
| Total Current Assets | 218.35M | 91.76M | 123.52M | 159.62M | 154.34M | 183.24M |
| Property, Plant & Equipment | 134.28M | 141.93M | 135.65M | 156.24M | 154.09M | 126.29M |
| Long-Term Investments | 39.84M | 6.75M | 6.75M | 6.77M | 6.33M | 6.66M |
| Other Intangible Assets | 421.00K | 578.00K | 821.00K | 1.12M | 1.33M | 1.79M |
| Long-Term Deferred Charges | 742.00K | 783.00K | ||||
| Other Long-Term Assets | 3.56M | 3.41M | 3.01M | 3.00M | 1.40M | 1.40M |
| Total Assets | 396.45M | 244.43M | 269.75M | 326.74M | 318.24M | 320.16M |
| Accounts Payable | 11.67M | 10.07M | 23.59M | 16.04M | 16.62M | 15.35M |
| Accrued Expenses | 21.23M | 32.89M | 27.41M | 41.17M | 36.73M | 25.51M |
| Current Portion of Long-Term Debt | 24.65M | |||||
| Current Portion of Leases | 2.30M | 2.89M | 4.05M | 4.19M | 3.88M | 3.37M |
| Current Unearned Revenue | 5.43M | 1.78M | 4.83M | 2.93M | 15.12M | 21.82M |
| Other Current Liabilities | 15.11M | 50.28M | 903.00K | 2.75M | 9.72M | 2.08M |
| Total Current Liabilities | 58.10M | 122.56M | 60.78M | 67.08M | 82.07M | 68.13M |
| Long-Term Debt | 100.00M | 49.69M | 73.22M | 72.12M | 71.03M | |
| Long-Term Leases | 10.02M | 11.46M | 7.52M | 12.95M | 17.33M | 20.36M |
| Long-Term Unearned Revenue | 11.10M | 65.12M | 57.58M | 34.02M | 27.44M | 43.05M |
| Long-Term Deferred Tax Liabilities | 186.00K | 196.00K | ||||
| Other Long-Term Liabilities | 1.45M | 1.40M | 2.82M | 2.40M | 2.44M | 3.03M |
| Total Liabilities | 180.67M | 250.22M | 201.92M | 188.57M | 200.50M | 134.76M |
| Common Stock | 3.00K | 3.00K | 3.00K | 2.00K | 2.00K | 2.00K |
| Additional Paid-In Capital | 932.32M | 808.02M | 773.57M | 693.84M | 581.89M | 528.66M |
| Retained Earnings | -701.82M | -816.22M | -702.02M | -554.23M | -470.20M | -340.59M |
| Comprehensive Income & Other | 3.25M | 2.41M | -3.72M | -1.44M | 6.05M | -2.67M |
| Total Common Equity | 215.57M | -5.79M | 67.83M | 138.18M | 117.74M | 185.40M |
| Shareholders' Equity | 215.78M | -5.79M | 67.83M | 138.18M | 117.74M | 185.40M |
| Total Liabilities & Equity | 396.45M | 244.43M | 269.75M | 326.74M | 318.24M | 320.16M |
| Total Debt | 112.32M | 88.69M | 84.80M | 89.26M | 92.25M | 23.73M |
| Net Cash (Debt) | 30.84M | -22.75M | 18.86M | 40.30M | 23.27M | 113.97M |
| Net Cash Per Share | 0.36 | -0.28 | 0.27 | 0.71 | 0.52 | 2.58 |
| Filing Date Shares Outstanding | 96.04M | 81.45M | 78.85M | 64.22M | 48.67M | 44.68M |
| Total Common Shares Outstanding | 94.19M | 81.12M | 78.40M | 63.60M | 48.48M | 44.55M |
| Working Capital | 160.25M | -30.79M | 62.73M | 92.54M | 72.27M | 115.11M |
| Book Value Per Share | 2.29 | -0.07 | 0.87 | 2.17 | 2.43 | 4.16 |
| Tangible Book Value | 215.15M | -6.37M | 67.01M | 137.06M | 116.40M | 183.61M |
| Tangible Book Value Per Share | 2.28 | -0.08 | 0.85 | 2.15 | 2.40 | 4.12 |
| Machinery | 50.30M | 45.81M | 46.14M | 38.61M | 29.46M | |
| Leasehold Improvements | 107.79M | 99.37M | 103.08M | 91.05M | 60.88M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 78.98M | -114.20M | -147.79M | -84.03M | -129.62M | -79.56M |
| Depreciation & Amortization | 12.10M | 12.54M | 12.83M | 13.73M | 8.72M | 7.87M |
| Other Amortization | 1.23M | 1.12M | 1.10M | 1.08M | 444.00K | |
| Loss (Gain) From Sale of Assets | 523.00K | 355.00K | -28.43M | -54.20M | 56.00K | |
| Asset Writedown & Restructuring Costs | 28.30M | 568.00K | 1.15M | |||
| Loss (Gain) From Sale of Investments | -499.00K | -361.00K | 434.00K | |||
| Loss (Gain) on Equity Investments | 71.90M | 17.00K | 6.00K | 9.00K | ||
| Stock-Based Compensation | 18.99M | 22.11M | 25.19M | 27.72M | 28.62M | 20.78M |
| Other Operating Activities | -82.61M | 3.12M | 6.93M | -9.35M | 9.47M | 8.60M |
| Change in Accounts Receivable | -6.68M | -1.35M | 5.37M | 9.97M | 1.03M | 16.39M |
| Change in Inventory | 428.00K | 428.00K | -387.00K | |||
| Change in Accounts Payable | -8.73M | -12.31M | 10.74M | 2.33M | 3.74M | 13.35M |
| Change in Unearned Revenue | -49.36M | -731.00K | 26.66M | -7.51M | -15.92M | -7.49M |
| Change in Income Taxes | -7.97M | -5.92M | 4.05M | -5.15M | 4.14M | 310.00K |
| Change in Other Net Operating Assets | -43.41M | 47.91M | -20.79M | -634.00K | 16.63M | 8.72M |
| Operating Cash Flow | 13.69M | -46.36M | -104.50M | -105.36M | -73.10M | -10.53M |
| Capital Expenditures | -27.86M | -4.24M | -4.96M | -20.17M | -44.96M | -46.35M |
| Sale of Property, Plant & Equipment | -344.00K | 129.00K | 28.43M | 54.21M | ||
| Investment in Securities | -6.50M | |||||
| Other Investing Activities | -8.87M | |||||
| Investing Cash Flow | -27.53M | -4.11M | 23.48M | 34.03M | -44.96M | -61.72M |
| Long-Term Debt Issued | 75.00M | |||||
| Total Debt Issued | 100.00M | 75.00M | ||||
| Long-Term Debt Repaid | -29.00K | -1.00K | ||||
| Total Debt Repaid | -75.06M | -29.00K | -1.00K | |||
| Net Debt Issued (Repaid) | 24.94M | -29.00K | 75.00M | -1.00K | ||
| Issuance of Common Stock | 134.42M | 15.33M | 59.39M | 91.96M | 25.23M | 1.71M |
| Repurchase of Common Stock | -24.38M | -2.99M | -2.34M | -1.52M | -2.77M | |
| Other Financing Activities | -6.08M | -39.00K | -2.52M | -6.42M | -2.26M | |
| Financing Cash Flow | 128.89M | 12.27M | 54.53M | 84.02M | 95.20M | 1.71M |
| Foreign Exchange Rate Adjustments | -4.11M | 719.00K | 1.50M | 2.44M | 674.00K | -1.28M |
| Net Cash Flow | 110.94M | -37.48M | -24.98M | 15.13M | -22.19M | -71.82M |
| Free Cash Flow | -14.17M | -50.59M | -109.45M | -125.54M | -118.06M | -56.88M |
| Free Cash Flow Margin | -3.56% | -62.16% | -328.89% | -895.62% | -741.59% | -150.87% |
| Free Cash Flow Per Share | -0.17 | -0.63 | -1.57 | -2.22 | -2.61 | -1.29 |
| Levered Free Cash Flow | 56.42M | -10.01M | -72.72M | -78.12M | -62.84M | -32.64M |
| Unlevered Free Cash Flow | 62.99M | -3.50M | -65.53M | -70.93M | -60.19M | -32.46M |
| Cash Interest Paid | 13.37M | 11.04M | 12.03M | 13.05M | 329.00K | 139.00K |
| Change in Working Capital | -115.72M | 28.03M | 25.65M | -983.00K | 9.62M | 31.28M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 895.12M | 639.90M | 475.95M | 446.45M | 316.07M | 1.06B |
| Enterprise Value | 864.28M | 713.12M | 439.82M | 473.28M | 293.33M | 936.12M |
| Last Close Price | 9.32 | 7.95 | 6.09 | 7.02 | 6.52 | 23.74 |
| PS Ratio | 2.25 | 7.86 | 14.30 | 31.85 | 19.85 | 27.99 |
| PB Ratio | 4.07 | -110.46 | 7.02 | 3.23 | 2.69 | 5.69 |
| P/TBV Ratio | 4.16 | 7.10 | 3.26 | 2.71 | 5.75 | |
| EV/Sales Ratio | 2.17 | 8.76 | 13.22 | 33.77 | 18.43 | 24.83 |
| Debt / Equity Ratio | 0.52 | -15.31 | 1.25 | 0.65 | 0.78 | 0.13 |
| Net Debt / Equity Ratio | -0.14 | -3.93 | -0.28 | -0.29 | -0.20 | -0.61 |
| Net Debt / EBITDA Ratio | -0.16 | -0.24 | 0.12 | 0.33 | 0.22 | 1.76 |
| Net Debt / FCF Ratio | 2.18 | -0.45 | 0.17 | 0.32 | 0.20 | 2.00 |
| Asset Turnover | 1.34 | 0.32 | 0.11 | 0.04 | 0.05 | 0.11 |
| Quick Ratio | 3.23 | 0.69 | 1.88 | 2.28 | 1.76 | 2.54 |
| Current Ratio | 3.76 | 0.75 | 2.03 | 2.38 | 1.88 | 2.69 |
| Return on Equity (ROE) | 72.17% | -368.19% | -143.48% | -65.67% | -85.52% | -37.53% |
| Return on Assets (ROA) | 38.65% | -25.76% | -34.41% | -26.56% | -22.78% | -13.30% |
| Return on Capital Employed (ROCE) | 54.40% | -86.90% | -78.60% | -52.80% | -49.30% | -28.90% |
| Earnings Yield | 10.07% | -17.85% | -31.05% | -18.82% | -41.01% | -7.54% |
| FCF Yield | -1.58% | -7.91% | -23.00% | -28.12% | -37.35% | -5.39% |
| Buyback Yield / Dilution | -8.97% | -15.19% | -23.61% | -25.03% | -2.35% | -17.01% |