MRNO

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -0.32
Price to Sales 1.08
Book Value Per Common Share 65.65 98.86 105.99 53.59
Price to Book 0.16
Price to Operating Cash Flow -8.32
Price to Free Cash Flow -0.55
Enterprise Value to EBITDA
Breakdown 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Price to Earnings -2.60
Price to Sales 2.57 2.74 4.24 4.91
Book Value Per Common Share 64.31 65.65 74.10 84.82
Price to Book 0.16 0.16 0.12 0.12
Price to Operating Cash Flow 32.29 -8.87 10.28 44.08
Price to Free Cash Flow -7.01 -2.41 -8.48 -1.23
Enterprise Value to EBITDA 109807.81

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY -76.35
Revenue YoY 154.65 4357.33 320.59
EBITDA YoY -21.03 963.31
Net Profit YoY -76.35
Breakdown 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Earning YoY
Revenue YoY 8.37 77.76 3.81
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 12.59 1.85 2.72 1.75
Quick Ratio 0.33 0.22 0.12 0.79
Current Ratio 0.34 0.23 0.13 0.96
Debt to Equity 3.20 1.49 1.24 1.53
Long-Term Debt to Equity 2.36 1.15 0.75 1.43
Breakdown 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Cash Per Common Share 5.91 12.24 7.67 1.06
Quick Ratio 0.24 0.33 0.54 0.07
Current Ratio 0.25 0.34 0.59 0.07
Debt to Equity 3.21 3.20 2.54 2.02
Long-Term Debt to Equity 2.40 2.36 2.21 0.81

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -16.31 0.30 1.30 -0.98
ROE -68.53 0.74 2.91 -2.48
Gross Margin 72.76 70.17 -344.95 -330.23
Operating Margin -369.65 107.94 8732.24 3327.37
EBITDA Margin -325.84 155.21 8760.37 3465.11
Net Profit Margin -488.79 20.16 3799.98 -6900.20
Breakdown 2025-03-31 2024-12-31 2024-09-30 2024-06-30
ROA -1.48 -7.45 -4.08 -4.64
ROE -6.22 -31.29 -14.46 -14.01
Gross Margin 80.17 74.76 77.16 66.02
Operating Margin -1.45 -373.32 -446.38 -497.97
EBITDA Margin 23.39 -337.22 -394.81 -446.36
Net Profit Margin -98.88 -550.52 -510.10 -587.00

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 21,871,464.61 19,473,341.52 18,802,900.50 10,742,109.79
   Current Assets 1,492,842.50 597,380.44 519,743.72 395,069.40
      Cash and Short-Term Investments 970,414.86 146,369.73 215,699.35 138,539.70
            Cash and Cash Equivalents 970,414.86 146,369.73 176,976.54 138,539.70
            Short-Term Investments 0 0 38,722.81 0
      Net Receivables 469,455.39 430,802.31 254,176.00 186,668.96
      Inventory 11,463.37 1,415.59 1,912.52 0
      Other Current Assets 41,508.89 18,792.80 47,955.86 69,860.74
   Non-Current Assets 20,378,622.11 18,875,961.08 18,283,156.79 10,347,040.39
      Property, Plant, Equipment Net 19,015,303.21 17,637,065.06 16,883,074.87 9,437,767.03
      Real Estate 1,340,000.00 1,100,491.49 1,187,089.93 889,000.00
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 23,318.90 138,404.53 212,991.99 20,273.36
Liabilities 16,664,882.06 11,639,114.04 10,403,565.52 6,495,730.55
   Current Liabilities 4,364,449.85 2,627,668.94 4,069,428.20 413,573.35
      Payables and Expenses 810,956.69 544,301.26 211,673.89 189,412.07
            Account Payables 629,580.99 399,163.42 124,585.50 113,179.32
            Current Accrued Liabilities 0 0 0 0
      Short-Term Debt 3,527,432.15 2,069,362.49 3,796,174.64 188,091.78
      Other Current Liabilities 26,061.01 14,005.19 61,579.66 36,069.51
   Non-Current Liabilities 12,300,432.22 9,011,445.10 6,334,137.32 6,082,157.20
      Long-Term Debt 7,853,482.61 4,821,271.86 1,767,624.55 3,608,379.01
      Other Non-Current Liabilities 4,446,949.61 4,190,173.24 4,566,512.77 2,473,778.19
Equity 5,206,582.55 7,834,227.48 8,399,334.98 4,246,379.24
   Shareholders Equity 5,206,582.55 7,834,227.48 8,399,334.98 4,246,379.24
      Capital Stock 925,795.89 902,611.51 902,611.51 1,200,956.84
      Share Premium 708,945.69 0 0 0
      Retained Earnings -4,769,954.51 -1,181,044.83 -1,238,837.76 -1,485,599.42
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 8,341,795.48 8,112,660.81 8,735,561.23 4,531,021.82
   Minority Interest 0 0 0 0
Debt 11,380,914.75 6,890,634.35 5,563,799.19 3,796,470.79
Net Debt 10,203,785.57 6,536,303.08 5,386,198.46 3,656,770.21
Common Shares Outstanding 79,305.74 79,242.87 79,242.87 79,242.87
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 729,953.81 286,651.91 6,431.02 1,529.06
Cost Of Revenue 198,843.14 85,516.72 28,614.56 6,578.46
Interest Income 34,942.82 8,845.53 555.64 851.18
Interest Expense 797,018.18 303,746.64 86,485.68 50,527.07
Non-Interest Expense 659,306.31 297,586.16 120,112.45 44,588.23
Gross Profit 531,110.67 201,135.20 -22,183.53 -5,049.40
Operating Expenses 2,069,944.53 514,246.34 215,317.74 86,932.75
   Selling, General and Administrative Expenses 659,306.31 297,586.16 120,112.45 44,588.23
   Research and Development Expenses 0 0 25,862.07 0
   Other Operating Expenses 1,090,869.40 81,161.29 67,534.39 42,344.53
Operating Income -1,538,833.85 -313,111.15 -237,501.28 -91,982.15
Net Non-Operating Income 27,728.44 14,210.06 29,436.87 4,922.59
EBT -3,495,289.88 5,662.70 475,086.71 350.55
Income Tax 72,675.70 -52,130.22 230,709.41 105,858.98
Net Income Including Non-Controlling Interests -3,567,965.58 57,792.92 244,377.30 -105,508.43
Net Income -3,567,965.58 57,792.92 244,377.30 -105,508.43
EBIT -2,698,271.71 309,409.34 561,572.39 50,877.62
Deprecation and Amortization 319,768.81 135,498.89 1,808.88 2,106.16
EBITDA -2,378,502.89 444,908.23 563,381.27 52,983.78
EPS -0.03 0.00 0.00 -0.00
Diluted EPS -0.03 0.00 0.00 -0.00
Average Shares Outstanding Basic 77,062.98 79,242.87 79,242.87 79,242.87
Average Shares Outstanding Diluted 77,062.98 79,242.87 79,242.87 79,242.87
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -94,808.36 165,206.34 -275,511.39 -183,978.98
   Operating Net Income -3,495,289.88 5,662.70 475,086.71 350.55
   Deprecation and Amortization 319,768.81 135,498.89 1,808.88 2,106.16
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 0 0 0 0
   Change in Working Capital 75,557.50 310,493.38 -62,140.35 -185,519.25
   Other Operating Activities 3,005,155.21 -286,448.63 -690,266.63 -916.45
Investing Cash Flow -1,079,765.33 -1,697,602.02 -1,437,521.73 -877,719.55
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -1,331,832.55 -1,562,898.41 -1,438,077.37 -878,570.73
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 252,067.21 -134,703.61 555.64 851.18
Financing Cash Flow 1,998,618.82 1,438,010.61 1,770,353.13 835,820.03
   Net Issuance/Repayment of Debt 2,831,841.62 1,788,751.75 2,108,891.90 906,846.07
   Net Issuance/Repurchase of Equity -4,636.06 0 -298,345.32 -38,670.49
   Dividends Paid 0 0 0 0
   Other Financing Activities -828,586.75 -350,741.13 -40,193.44 -32,355.55
Net Change in Cash 824,045.12 -94,385.07 57,320.01 -225,878.50
   Cash at Beginning of Period 146,369.73 240,754.80 183,434.80 409,313.30
   Cash at End of Period 970,414.86 146,369.73 240,754.80 183,434.80
Free Cash Flow -1,426,640.91 -1,554,724.48 -1,798,884.85 -1,070,753.95
Breakdown 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Assets 21,447,705.96 21,871,464.61 20,793,330.72 20,271,868.50
   Current Assets 1,012,244.24 1,492,842.50 1,146,544.54 601,779.10
      Cash and Short-Term Investments 469,035.87 970,414.86 607,567.21 83,806.15
            Cash and Cash Equivalents 469,035.87 970,414.86 607,567.21 83,806.15
            Short-Term Investments 0 0 0 0
      Net Receivables 513,741.04 469,455.39 438,880.45 454,743.92
      Inventory 11,975.65 11,463.37 8,886.02 9,558.26
      Other Current Assets 17,491.69 41,508.89 91,210.87 53,670.76
   Non-Current Assets 20,435,461.71 20,378,622.11 19,646,786.18 19,670,089.40
      Property, Plant, Equipment Net 19,076,489.41 19,015,303.21 18,542,522.31 18,445,251.45
      Real Estate 1,340,000.00 1,340,000.00 1,100,491.49 1,100,491.49
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 18,972.30 23,318.90 3,772.38 124,346.46
Liabilities 16,351,425.80 16,664,882.06 14,921,233.85 13,550,477.91
   Current Liabilities 4,095,357.63 4,364,449.85 1,944,944.94 8,123,761.54
      Payables and Expenses 597,964.71 810,956.69 1,134,176.05 1,052,456.39
            Account Payables 574,407.22 629,580.99 590,678.83 495,614.66
            Current Accrued Liabilities 0 0 0 0
      Short-Term Debt 3,476,513.77 3,527,432.15 779,963.56 7,051,176.05
      Other Current Liabilities 20,879.15 26,061.01 30,805.32 20,129.10
   Non-Current Liabilities 12,256,068.16 12,300,432.22 12,976,288.92 5,426,716.37
      Long-Term Debt 7,806,587.53 7,853,482.61 8,921,434.82 1,292,418.71
      Other Non-Current Liabilities 4,449,480.64 4,446,949.61 4,054,854.09 4,134,297.66
Equity 5,096,280.16 5,206,582.55 5,872,096.87 6,721,390.59
   Shareholders Equity 5,096,280.16 5,206,582.55 5,872,096.87 6,721,390.59
      Capital Stock 900,052.00 925,795.89 900,052.00 900,052.00
      Share Premium 0 708,945.69 0 0
      Retained Earnings -4,150,810.97 -4,769,954.51 -3,140,615.94 -2,291,322.21
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 8,347,039.13 8,341,795.48 8,112,660.81 8,112,660.81
   Minority Interest 0 0 0 0
Debt 11,283,101.30 11,380,914.75 9,701,398.39 8,343,594.75
Net Debt 10,611,607.64 10,203,785.57 8,877,537.70 8,065,003.09
Common Shares Outstanding 79,242.87 79,305.74 79,242.87 79,242.87
Breakdown 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenues 320,723.23 295,965.68 166,495.03 160,388.09
Cost Of Revenue 63,612.12 74,694.73 38,032.25 54,505.95
Interest Income 9,195.75 5,339.58 21,947.54 3,319.28
Interest Expense 354,319.43 366,854.88 192,143.30 144,289.96
Non-Interest Expense 241,716.89 57,993.99 217,223.81 192,634.77
Gross Profit 257,111.11 221,270.95 128,462.78 105,882.14
Operating Expenses 321,388.83 1,255,707.17 303,090.18 275,403.22
   Selling, General and Administrative Expenses 241,716.89 57,993.99 217,223.81 192,634.77
Operating Income -64,277.71 -1,034,436.21 -174,627.40 -169,521.08
Net Non-Operating Income 6,762.73 6,106.11 11,998.89 1,669.35
EBT -358,985.55 -1,471,747.12 -935,344.59 -942,974.19
Income Tax -41,843.06 157,591.45 -86,050.87 -1,489.18
Net Income Including Non-Controlling Interests -317,142.49 -1,629,338.58 -849,293.72 -941,485.01
Net Income -317,142.49 -1,629,338.58 -849,293.72 -941,485.01
EBIT -4,666.12 -1,104,892.25 -743,201.29 -798,684.23
Deprecation and Amortization 79,671.94 106,843.77 85,866.37 82,768.45
EBITDA 75,005.81 -998,048.47 -657,334.92 -715,915.78
EPS -0.00 0 0 0
Diluted EPS -0.00 0 0 0
Average Shares Outstanding Basic 79,313.98 0 0 0
Average Shares Outstanding Diluted 79,313.98 0 0 0
Breakdown 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Operating Cash Flow 25,499.28 -91,540.40 68,574.24 17,873.07
   Operating Net Income -358,985.55 -1,471,747.12 -935,344.59 -942,974.19
   Deprecation and Amortization 79,671.94 106,843.77 85,866.37 82,768.45
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 0 0 0 0
   Change in Working Capital 11,143.98 -94,327.25 130,724.36 17,945.40
   Other Operating Activities 293,668.92 1,367,690.20 787,328.09 860,133.41
Investing Cash Flow -133,691.49 -159,729.26 -49,442.06 -569,122.32
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -142,887.24 -244,815.09 -151,772.39 -657,943.19
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 9,195.75 85,085.83 102,330.33 88,820.87
Financing Cash Flow -390,687.80 541,558.72 535,072.90 521,266.14
   Net Issuance/Repayment of Debt -2,625.77 723,180.36 948,097.39 641,088.98
   Net Issuance/Repurchase of Equity 0 18,867.55 0 0
   Dividends Paid 0 0 0 0
   Other Financing Activities -388,062.03 -200,489.19 -413,024.48 -119,822.84
Net Change in Cash -498,880.01 290,289.06 554,205.08 -29,983.12
   Cash at Beginning of Period 969,455.65 680,125.80 125,920.72 155,903.84
   Cash at End of Period 470,575.64 970,414.86 680,125.80 125,920.72
Free Cash Flow -117,387.96 -336,355.49 -83,198.16 -640,070.12