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Mereo Biopharma Group PLC
NASDAQ:MREO

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Mereo Biopharma Group PLC Logo
Mereo Biopharma Group PLC
NASDAQ:MREO
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Price: 3.1 USD 2.99%
Updated: May 9, 2024

Gross Margin
Mereo Biopharma Group PLC

73.8%
Current
21%
Average
62%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
73.8%
=
Gross Profit
5.3m
/
Revenue
7.1m

Gross Margin Across Competitors

Country UK
Market Cap 434.8m USD
Gross Margin
74%
Country US
Market Cap 283.6B USD
Gross Margin
66%
Country US
Market Cap 168.1B USD
Gross Margin
66%
Country US
Market Cap 107.9B USD
Gross Margin
87%
Country US
Market Cap 106.8B USD
Gross Margin
86%
Country AU
Market Cap 133.8B AUD
Gross Margin
52%
Country US
Market Cap 80.8B USD
Gross Margin
76%
Country US
Market Cap 47.5B USD
Gross Margin
22%
Country US
Market Cap 43.1B USD
Gross Margin
75%
Country US
Market Cap 32.2B USD
Gross Margin
75%
Country KR
Market Cap 39.3T KRW
Gross Margin
48%

Profitability Report

View the profitability report to see the full profitability analysis for Mereo Biopharma Group PLC.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
73.8%
=
Gross Profit
5.3m
/
Revenue
7.1m
What is the Gross Margin of Mereo Biopharma Group PLC?

Based on Mereo Biopharma Group PLC's most recent financial statements, the company has Gross Margin of 73.8%.