NASDAQ : QUCY
Mainz Biomed N.V. — Financial statements
Germany
Last price 0.91 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 76.50M
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Financial statements
Mainz Biomed N.V. (QUCY) reported revenue of 537.08K 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 | 537.08K | 537.08K | 893.99K | 895.48K | 529.88K | 577.35K |
| Cost of Revenue | 147.29K | 147.29K | 319.11K | 385.82K | 347.73K | 399.73K |
| Gross Profit | 389.79K | 389.79K | 574.88K | 509.66K | 182.15K | 177.62K |
| Selling, General & Admin | 12.52M | 8.93M | 13.23M | 17.56M | 21.61M | 9.42M |
| Research & Development | 5.09M | 4.96M | 5.84M | 9.59M | 5.02M | 481.93K |
| Operating Expenses | 17.61M | 13.89M | 19.07M | 27.15M | 26.63M | 9.90M |
| Operating Income | -17.22M | -13.50M | -18.50M | -26.64M | -26.44M | -9.72M |
| Interest Expense | -304.90K | -373.46K | -945.54K | -559.58K | -289.32K | -339.17K |
| Other Non Operating Income (Expenses) | 264.44K | 444.09K | 96.83K | 198.86K | 346.03K | 393.42K |
| EBT Excluding Unusual Items | -17.26M | -13.43M | -19.34M | -27.01M | -26.39M | -9.67M |
| Merger & Restructuring Charges | -277.16K | -2.02M | ||||
| Gain (Loss) on Sale of Assets | -163.25K | -163.25K | 75.15K | |||
| Asset Writedown | -2.64M | -2.64M | ||||
| Other Unusual Items | 21.00K | -2.05M | 709.68K | |||
| Pretax Income | -24.32M | -16.21M | -21.60M | -26.30M | -26.39M | -11.69M |
| Net Income | -23.83M | -16.21M | -21.60M | -26.30M | -26.39M | -11.69M |
| Net Income to Common | -23.83M | -16.21M | -21.60M | -26.30M | -26.39M | -11.69M |
| Shares Outstanding (Basic) | 11.47M | 6.00M | 985.72K | 406.06K | 353.94K | 180.27K |
| Shares Outstanding (Diluted) | 11.47M | 6.00M | 985.72K | 406.06K | 353.94K | 180.27K |
| EPS (Basic) | -2.08 | -2.70 | -21.91 | -64.76 | -74.55 | -64.85 |
| EPS (Diluted) | -2.08 | -2.70 | -21.91 | -64.76 | -74.55 | -64.85 |
| Free Cash Flow | -14.39M | -10.98M | -17.43M | -23.14M | -15.43M | -3.24M |
| Free Cash Flow Per Share | -1.25 | -1.83 | -17.69 | -56.98 | -43.59 | -17.96 |
| Gross Margin | 72.58% | 72.58% | 64.31% | 56.92% | 34.38% | 30.76% |
| Operating Margin | -3,205.62% | -2,513.37% | -2,068.93% | -2,975.47% | -4,990.60% | -1,684.36% |
| Profit Margin | -4,436.30% | -3,018.31% | -2,415.99% | -2,936.50% | -4,979.90% | -2,024.79% |
| Free Cash Flow Margin | -2,679.29% | -2,044.54% | -1,950.15% | -2,583.83% | -2,911.63% | -560.67% |
| EBITDA | -16.56M | -12.88M | -17.80M | -26.07M | -26.06M | -9.65M |
| D&A For EBITDA | 661.31K | 615.72K | 696.63K | 570.01K | 379.80K | 69.93K |
| EBIT | -17.22M | -13.50M | -18.50M | -26.64M | -26.44M | -9.72M |
| Revenue as Reported | 537.08K | 537.08K | 893.99K | 895.48K | 529.88K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 13.38M | 889.09K | 6.24M | 7.07M | 17.14M | 8.73M |
| Cash & Short-Term Investments | 13.38M | 889.09K | 6.24M | 7.07M | 17.14M | 8.73M |
| Accounts Receivable | 78.38K | 50.81K | 93.56K | 63.74K | 17.20K | |
| Other Receivables | 184.26K | 32.52K | 162.93K | 260.95K | 195.40K | 94.64K |
| Receivables | 184.26K | 110.89K | 213.75K | 354.51K | 259.14K | 111.84K |
| Inventory | 216.89K | 372.87K | 613.64K | 175.47K | ||
| Prepaid Expenses | 1.71M | 494.13K | 1.07M | 805.65K | 679.39K | 756.34K |
| Other Current Assets | 1.42M | 130.66K | 127.29K | 135.17K | 122.57K | 13.48K |
| Total Current Assets | 16.69M | 1.84M | 8.02M | 8.98M | 18.38M | 9.61M |
| Property, Plant & Equipment | 136.80K | 2.37M | 2.46M | 3.03M | 1.84M | 431.59K |
| Other Intangible Assets | 6.54M | 1.11M | 3.02M | 3.39M | ||
| Other Long-Term Assets | 23.27K | |||||
| Total Assets | 23.37M | 5.33M | 13.50M | 15.41M | 20.24M | 10.04M |
| Accounts Payable | 807.83K | 411.14K | 1.33M | 2.33M | 1.33M | 747.77K |
| Accrued Expenses | 93.07K | 539.25K | 1.60M | 1.16M | 1.38M | 270.73K |
| Short-Term Debt | 168.67K | 183.71K | 176.81K | 115.55K | ||
| Current Portion of Long-Term Debt | 1.04M | 2.12M | 4.94M | 1.04M | 77.89K | |
| Current Portion of Leases | 356.13K | 264.98K | 288.46K | 285.35K | 55.08K | |
| Current Unearned Revenue | 138.89K | 199.41K | ||||
| Other Current Liabilities | 1.93M | 1.16M | 690.58K | 388.84K | 84.75K | |
| Total Current Liabilities | 3.00M | 3.69M | 6.18M | 9.24M | 4.24M | 1.35M |
| Long-Term Debt | 1.03M | 943.21K | 1.94M | |||
| Long-Term Leases | 992.48K | 945.20K | 1.17M | 959.12K | 387.77K | |
| Other Long-Term Liabilities | 376.10K | 726.98K | ||||
| Total Liabilities | 3.00M | 4.69M | 7.50M | 12.16M | 6.14M | 3.68M |
| Common Stock | 286.06K | 107.82K | 23.05K | 235.82K | 164.90K | 141.07K |
| Additional Paid-In Capital | 141.02M | 106.05M | 95.22M | 51.51M | 38.83M | 13.13M |
| Retained Earnings | -121.00M | -104.90M | -88.69M | -69.33M | -43.03M | -16.64M |
| Comprehensive Income & Other | -617.65K | -548.63K | 20.83M | 18.13M | 9.74M | |
| Shareholders' Equity | 20.36M | 641.60K | 6.00M | 3.25M | 14.10M | 6.36M |
| Total Liabilities & Equity | 23.37M | 5.33M | 13.50M | 15.41M | 20.24M | 10.04M |
| Total Debt | 168.67K | 2.57M | 3.50M | 7.42M | 3.23M | 2.58M |
| Net Cash (Debt) | 13.21M | -1.68M | 2.73M | -349.86K | 13.91M | 6.15M |
| Net Cash Per Share | 1.15 | -0.28 | 2.77 | -0.86 | 39.31 | 34.12 |
| Filing Date Shares Outstanding | 84.07M | 12.52M | 3.04M | 547.16K | 370.67K | 349.01K |
| Total Common Shares Outstanding | 24.93M | 9.78M | 2.32M | 529.14K | 365.74K | 300.25K |
| Working Capital | 13.69M | -1.85M | 1.84M | -257.04K | 14.14M | 8.26M |
| Book Value Per Share | 0.81 | 0.07 | 2.59 | 6.14 | 38.54 | 21.19 |
| Tangible Book Value | 13.77M | -471.82K | 2.98M | -145.42K | 14.10M | 6.36M |
| Tangible Book Value Per Share | 0.55 | -0.05 | 1.29 | -0.27 | 38.54 | 21.19 |
| Machinery | 1.75M | 1.83M | 1.91M | 755.52K | 90.39K | |
| Construction In Progress | 59.93K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -23.83M | -16.21M | -21.60M | -26.30M | -26.39M | -11.69M |
| Depreciation & Amortization | 661.31K | 615.72K | 696.63K | 866.41K | 379.80K | 69.93K |
| Loss (Gain) From Sale of Assets | -622.52K | 163.25K | -75.15K | |||
| Asset Writedown & Restructuring Costs | 2.64M | 2.64M | 47.45K | |||
| Stock-Based Compensation | 7.55M | 2.68M | 923.80K | 4.01M | 9.82M | 6.43M |
| Provision & Write-off of Bad Debts | -14.51K | -11.92K | 14.36K | 65.39K | ||
| Other Operating Activities | 2.42M | 770.99K | 2.76M | -464.89K | -38.60K | 2.11M |
| Change in Accounts Receivable | 179.50K | 70.84K | 3.32K | 15.54K | -211.23K | 24.21K |
| Change in Inventory | 160.10K | -99.56K | 29.81K | -500.19K | -172.38K | |
| Change in Accounts Payable | -1.43M | -2.07M | 187.71K | 720.24K | 1.65M | 659.64K |
| Change in Unearned Revenue | -135.72K | -60.52K | 173.90K | 11.08K | ||
| Change in Other Net Operating Assets | -1.65M | 464.56K | -159.77K | -239.70K | -53.79K | -833.56K |
| Operating Cash Flow | -14.25M | -10.98M | -17.33M | -21.94M | -14.77M | -3.22M |
| Capital Expenditures | -137.46K | -1.22K | -104.95K | -1.20M | -658.48K | -16.70K |
| Sale of Property, Plant & Equipment | 1.27M | 17.82K | 23.35K | |||
| Cash Acquisitions | 1.22M | |||||
| Divestitures | 32.78K | |||||
| Sale (Purchase) of Intangibles | -1.45M | -1.05M | -150.00K | -700.00K | ||
| Investing Cash Flow | -322.82K | -1.03M | -198.82K | -1.90M | -658.48K | 1.20M |
| Short-Term Debt Issued | 2.31K | |||||
| Long-Term Debt Issued | 4.31M | 10.12M | 244.31K | |||
| Total Debt Issued | 4.31M | 10.12M | 246.61K | |||
| Short-Term Debt Repaid | -241.82K | -103.80K | -107.03K | |||
| Long-Term Debt Repaid | -1.24M | -1.18M | -2.29M | -197.94K | -61.24K | |
| Lease Payments | -252.31K | -197.94K | -49.41K | |||
| Total Debt Repaid | -1.81M | -1.49M | -1.28M | -2.29M | -304.97K | -61.24K |
| Net Debt Issued (Repaid) | -1.81M | -1.49M | 3.03M | 7.83M | -304.97K | 185.37K |
| Issuance of Common Stock | 22.04M | 8.25M | 13.76M | 6.39M | 24.25M | 10.43M |
| Financing Cash Flow | 26.23M | 6.76M | 16.79M | 14.23M | 23.94M | 10.61M |
| Foreign Exchange Rate Adjustments | -111.64K | -96.63K | -98.27K | -459.86K | -101.11K | 11.61K |
| Net Cash Flow | 11.54M | -5.35M | -835.25K | -10.07M | 8.41M | 8.60M |
| Free Cash Flow | -14.39M | -10.98M | -17.43M | -23.14M | -15.43M | -3.24M |
| Free Cash Flow Margin | -2,679.29% | -2,044.54% | -1,950.15% | -2,583.83% | -2,911.63% | -560.67% |
| Free Cash Flow Per Share | -1.25 | -1.83 | -17.69 | -56.98 | -43.59 | -17.96 |
| Levered Free Cash Flow | -7.63M | -7.11M | -11.05M | -13.61M | -5.70M | 43.61K |
| Unlevered Free Cash Flow | -7.44M | -6.87M | -10.46M | -13.26M | -5.52M | 255.59K |
| Free Cash Flow After Leases | -14.39M | -10.98M | -17.43M | -23.39M | -15.63M | -3.29M |
| Cash Interest Paid | 241.21K | 178.56K | 150.02K | 153.58K | 125.54K | 46.24K |
| Change in Working Capital | -2.74M | -1.63M | -74.65K | -64.63K | 1.39M | -138.62K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 63.83M | 10.15M | 14.55M | 23.62M | 102.90M | 124.78M |
| Enterprise Value | 50.63M | 11.33M | 21.85M | 24.45M | 79.38M | 124.51M |
| Last Close Price | 0.76 | 1.12 | 4.32 | 46.40 | 284.00 | 415.60 |
| PS Ratio | 118.85 | 18.89 | 16.28 | 26.37 | 194.20 | 216.13 |
| PB Ratio | 0.93 | 15.82 | 2.43 | 7.27 | 7.30 | 19.62 |
| P/TBV Ratio | 4.64 | 4.88 | 7.30 | 19.62 | ||
| EV/Sales Ratio | 94.26 | 21.09 | 24.44 | 27.30 | 149.81 | 215.66 |
| Debt / Equity Ratio | 0.01 | 4.01 | 0.58 | 2.28 | 0.23 | 0.41 |
| Net Debt / Equity Ratio | -0.65 | 2.62 | -0.46 | 0.11 | -0.99 | -0.97 |
| Net Debt / EBITDA Ratio | 0.80 | -0.13 | 0.15 | -0.01 | 0.53 | 0.64 |
| Net Debt / FCF Ratio | 0.92 | -0.15 | 0.16 | -0.01 | 0.90 | 1.90 |
| Asset Turnover | 0.03 | 0.06 | 0.06 | 0.05 | 0.04 | 0.11 |
| Inventory Turnover | 0.50 | 0.65 | 0.98 | |||
| Quick Ratio | 4.51 | 0.27 | 1.04 | 0.80 | 4.10 | 6.54 |
| Current Ratio | 5.56 | 0.50 | 1.30 | 0.97 | 4.33 | 7.11 |
| Return on Equity (ROE) | -212.53% | -488.31% | -467.15% | -303.20% | -257.98% | -645.93% |
| Return on Assets (ROA) | -64.88% | -89.61% | -79.97% | -93.42% | -109.16% | -113.46% |
| Return on Capital Employed (ROCE) | -84.50% | -826.10% | -252.70% | -431.70% | -165.30% | -111.90% |
| Earnings Yield | -273.66% | -159.75% | -148.41% | -111.35% | -25.64% | -9.37% |
| FCF Yield | -22.54% | -108.21% | -119.79% | -97.97% | -14.99% | -2.59% |
| Buyback Yield / Dilution | -331.43% | -508.38% | -142.75% | -14.73% | -96.34% | -28.60% |