Mereo BioPharma Group plc - Sponsored ADR

MREO Healthcare Biotechnology

Mereo BioPharma Group plc - Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $500,000.00, down 95.0% from fiscal 2023. In the quarter to June 2026, EPS grew 52.3% and free cash flow grew 21.0%, each against the same quarter a year earlier.

0.30 0.01 −3.23%
Market cap
$49.3M
P/E
0.0×
Fwd P/E
−8.3×
Dividend yield
—
F-score
n/a
Altman Z
−9.11
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.68%

Capital & Financial Ratios $m

Market Cap 49.34
Revenue —
Net Income (28.10)
Free Cash Flow (25.65)
Net Debt (30.12)
Current Ratio 5.88 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (8.30) (negative: loss-making)
P/S ratio 0.00
P/B ratio 1.68
Past 5Y EPS Growth —
This Y EPS Growth (23.64%) (below 0%: weak)
Next Y EPS Growth 51.71% (at or above 15%: strong)
Next Y revenue growth 2,776.00% (at or above 10%: strong)
Next 5Y EPS Growth (9.90%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/B against its own 10 years 18.09%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 57 70 41 30
Receivables — — — —
Inventory — — — —
Other 1 3 1 2
64 75 45 33
2023 2024 2025 Q'26
Payables 2 2 1 1
ST’ Debt — — — —
Other 1 1 1 1
9 14 4 6

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (7.32%)

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — 1 — — 1
’23 — — — 1 10
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (4) (6) — — —
’25 (8) (8) (7) (8) (31)
’24 (8) (8) (8) (9) (33)
’23 (9) (7) 2 (7) (21)
’22 — (24) — (48) (49)
’21 — 14 — (7) (7)
’20 — (14) — (36) (36)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) (6) — — —
’25 (9) (8) (7) (8) (31)
’24 (9) (8) (8) (9) (34)
’23 (10) (7) 2 (7) (22)
’22 — (24) — (48) (49)
’21 — 14 — (8) (8)
’20 — (14) — (36) (34)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.04) (0.04) — — —
’25 (0.08) (0.09) (0.04) (0.05) (0.26)
’24 (0.06) (0.09) (0.10) (0.04) (0.29)
’23 (0.10) — (0.05) (0.06) (0.20)
’22 — — — — (0.37)
’21 — — — — 0.16
’20 — — — — (3.08)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — 1.08 0.69 1.45 0.30 0.61 2.23 0.20

Analyst estimates 2026–2028

Powerpack
High — — — 8.48 4.25 4.71 1.85 2.45 5.02 3.84
People
People Employees — — 37 50 38 49 36 33 36 39
Revenue/emp, $m — — 0.00 0.00 0.00 1.02 0.00 0.30 0.00 0.01
Income, $m
Income, $m Revenue — — — — — 50 — 10 — 1
Gross margin, % — — — — — 50.89 0.00 74.26 — 73.40
EBT — — (50) (53) (214) 20 (43) (30) (43) (42)
EBT margin, % — — 0.00 0.00 0.00 39.05 0.00 (299.98) 0.00 (8,375.60)
Net income — — (50) (53) (214) 20 (42) (29) (43) (42)
Depreciation — — 0 2 2 1 0 1 1 1
Per share, $
Per share, $ Revenue — — 0.00 0.00 0.00 0.48 0.00 0.08 0.00 0.00
Earnings — — (3.00) (2.49) (3.08) 0.14 (0.37) (0.20) (0.29) (0.26)
Cash flow — — (2.17) (3.28) (0.54) (0.07) (0.40) (0.16) (0.22) (0.19)
Capex — — 0.00 0.00 0.03 (0.01) 0.00 0.00 0.00 0.00
Free cash flow — — (2.17) (3.28) (0.50) (0.07) (0.40) (0.16) (0.23) (0.20)
Book value — — 3.07 2.87 (0.28) 1.15 0.43 0.38 0.41 0.26
Shares, m — — 14 18 68 106 121 132 148 159
Valuation, ×
Valuation, × P/E — — — — — 0.00 — 0.00 — 0.00
P/S — — — — — 0.00 — 0.00 — 0.00
P/B — — — — — 0.00 — 6.00 — 1.64
EV/Sales — — — — — 0.00 — 0.00 — 0.00
EV/FCF — — — — — 2.11 — (11.45) — (0.98)
Cash, $m
Cash, $m Operating cash flow — — (31) (59) (36) (7) (49) (21) (33) (31)
Capex — — 0 0 2 (1) 0 0 (1) 0
Free cash flow — — (31) (59) (34) (8) (49) (22) (34) (31)
Balance, $m
Balance, $m Working capital — — 24 1 27 119 51 54 61 41
Total debt — — 29 26 21 20 — 4 — —
Net debt — — (8) 5 (9) (110) (68) (53) (70) (41)
Shareholders’ equity — — 44 51 (19) 121 51 51 61 41
Returns, %
Returns, % ROA — — 0.00 (44.45) (219.76) 13.74 (33.61) (40.95) (60.54) (68.48)
ROIC — — (82.38) (55.60) 0.00 (161.74) 0.00 0.00 0.00 0.00
ROE — — 0.00 (93.52) (1,305.77) 34.38 (48.98) (57.81) (77.58) (82.21)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2025

Charts ten years each

Mereo BioPharma Group plc - Sponsored ADR vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
INKT MiNK Therapeutics, Inc. $50.7M — (loss-making) — — n/m −32.73% (below 0%: shrinking) 0.00% 0.00% Compare
LONA LeonaBio, Inc. $49.8M — (loss-making) — — n/m −142.29% (below 0%: shrinking) 0.00% 0.00% Compare
CRBU Caribou Biosciences, Inc. $49.8M — (loss-making) — (loss-making) −43.79% (below 0%: shrinking) n/m −33.16% (below 0%: shrinking) 100.00% (1,690.39%) Compare
MREO Mereo BioPharma Group plc - Sponsored ADR $49.3M — (loss-making) — (loss-making) — n/m +21.02% (above 0%: growing) 0.00% 0.00%
HYPD Hyperion DeFi, Inc. $49.0M — (loss-making) 3.6× +2,333.33% (above 0%: growing) n/m +86.82% (above 0%: growing) 100.00% 8,668.63% Compare
HOWL Werewolf Therapeutics, Inc. $48.5M — (loss-making) — (loss-making) +256.11% (above 0%: growing) n/m +146.46% (above 0%: growing) 100.00% 34.09% Compare
ELTX Elicio Therapeutics, Inc. $48.2M — (loss-making) — (loss-making) −55.27% (below 0%: shrinking) n/m +8.77% (above 0%: growing) 0.00% 0.00% Compare
ACET Adicet Bio, Inc. $48.1M — (loss-making) — (loss-making) +727.73% (above 0%: growing) n/m +24.94% (above 0%: growing) 0.00% 0.00% Compare
KLRS Kalaris Therapeutics Inc. $47.8M — (loss-making) — — n/m +11.91% (above 0%: growing) 0.00% 0.00% Compare
Median of peers $48.7M — — +256.11% — +10.34% 0.00% 0.00%

All 614 Biotechnology stocks →

Mereo BioPharma Group plc - Sponsored ADR (MREO) key facts

  • Concern: Mereo BioPharma Group plc - Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $500,000.00, down 95.0% from fiscal 2023.
  • Mereo BioPharma Group plc - Sponsored ADR (MREO) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of October 16, 2026, MREO traded at $0.30, a market capitalization of $49.3 million.
  • Return on equity was −82.2% and debt-to-equity 0.00.
  • Its Altman Z-score is −9.11 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Mereo BioPharma Group plc - Sponsored ADR (MREO) Latest News

stockrow.com/MREO · Data as of Jun 30, 2025 · For information only; not investment advice. · © 2026 stockrow.com