Merus NV
NASDAQ:MRUS
Income Statement
Earnings Waterfall
Merus NV
Revenue
|
43.9m
USD
|
Operating Expenses
|
-200.5m
USD
|
Operating Income
|
-156.5m
USD
|
Other Expenses
|
1.6m
USD
|
Net Income
|
-154.9m
USD
|
Income Statement
Merus NV
Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||
Revenue |
3
N/A
|
3
-7%
|
2
-16%
|
3
+44%
|
3
-6%
|
4
+32%
|
3
-29%
|
6
+122%
|
12
+91%
|
17
+46%
|
25
+44%
|
33
+33%
|
34
+3%
|
35
+2%
|
38
+11%
|
35
-9%
|
34
-4%
|
34
+2%
|
31
-9%
|
29
-8%
|
28
-1%
|
29
+1%
|
30
+4%
|
32
+7%
|
38
+20%
|
43
+13%
|
49
+13%
|
52
+7%
|
53
+1%
|
46
-13%
|
42
-9%
|
43
+4%
|
41
-5%
|
46
+11%
|
44
-4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||
Operating Expenses |
(28)
|
(29)
|
(23)
|
(30)
|
(28)
|
(28)
|
(32)
|
(41)
|
(50)
|
(60)
|
(63)
|
(69)
|
(75)
|
(80)
|
(84)
|
(75)
|
(72)
|
(72)
|
(88)
|
(97)
|
(100)
|
(105)
|
(106)
|
(110)
|
(124)
|
(133)
|
(139)
|
(148)
|
(156)
|
(175)
|
(202)
|
(213)
|
(214)
|
(208)
|
(200)
|
|
Selling, General & Administrative |
(2)
|
0
|
(1)
|
(3)
|
(1)
|
(2)
|
(5)
|
(9)
|
(13)
|
(16)
|
(15)
|
(14)
|
(14)
|
(12)
|
(29)
|
(33)
|
(38)
|
(43)
|
(32)
|
(34)
|
(34)
|
(35)
|
(36)
|
(36)
|
(39)
|
(40)
|
(41)
|
(43)
|
(45)
|
(48)
|
(52)
|
(56)
|
(59)
|
(59)
|
(60)
|
|
Research & Development |
(17)
|
(17)
|
(18)
|
(19)
|
(21)
|
(19)
|
(20)
|
(24)
|
(29)
|
(34)
|
(38)
|
(44)
|
(50)
|
(54)
|
(55)
|
(54)
|
(50)
|
(49)
|
(56)
|
(61)
|
(64)
|
(68)
|
(70)
|
(74)
|
(85)
|
(93)
|
(98)
|
(104)
|
(111)
|
(127)
|
(149)
|
(157)
|
(155)
|
(149)
|
(141)
|
|
Other Operating Expenses |
(9)
|
(12)
|
(4)
|
(8)
|
(6)
|
(6)
|
(7)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(11)
|
(13)
|
0
|
11
|
15
|
20
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(26)
N/A
|
(26)
-2%
|
(21)
+21%
|
(27)
-30%
|
(26)
+5%
|
(24)
+7%
|
(29)
-23%
|
(35)
-20%
|
(38)
-9%
|
(42)
-11%
|
(39)
+9%
|
(36)
+6%
|
(41)
-14%
|
(45)
-10%
|
(46)
-2%
|
(40)
+12%
|
(39)
+4%
|
(38)
+1%
|
(57)
-50%
|
(69)
-21%
|
(72)
-4%
|
(76)
-7%
|
(76)
+1%
|
(78)
-3%
|
(85)
-9%
|
(90)
-5%
|
(90)
0%
|
(95)
-6%
|
(104)
-9%
|
(129)
-25%
|
(160)
-24%
|
(170)
-6%
|
(173)
-2%
|
(163)
+6%
|
(157)
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(22)
|
(35)
|
(48)
|
(54)
|
(33)
|
(24)
|
(3)
|
5
|
9
|
15
|
6
|
8
|
4
|
4
|
2
|
(7)
|
(9)
|
(0)
|
(3)
|
10
|
25
|
20
|
50
|
66
|
29
|
17
|
(4)
|
(12)
|
5
|
|
Non-Reccuring Items |
0
|
0
|
(5)
|
0
|
0
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
8
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
|
Pre-Tax Income |
(26)
N/A
|
(26)
-3%
|
(26)
+2%
|
(27)
-5%
|
(26)
+5%
|
(24)
+5%
|
(52)
-116%
|
(71)
-35%
|
(87)
-22%
|
(97)
-12%
|
(73)
+25%
|
(62)
+15%
|
(45)
+26%
|
(42)
+7%
|
(28)
+33%
|
(25)
+12%
|
(33)
-32%
|
(30)
+9%
|
(55)
-86%
|
(64)
-17%
|
(69)
-7%
|
(83)
-20%
|
(85)
-3%
|
(79)
+7%
|
(88)
-12%
|
(80)
+9%
|
(67)
+17%
|
(75)
-13%
|
(54)
+29%
|
(63)
-18%
|
(130)
-107%
|
(152)
-16%
|
(177)
-16%
|
(174)
+1%
|
(152)
+13%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(2)
|
(3)
|
(3)
|
|
Income from Continuing Operations |
(26)
|
(26)
|
(26)
|
(27)
|
(26)
|
(24)
|
(52)
|
(71)
|
(87)
|
(97)
|
(73)
|
(62)
|
(46)
|
(42)
|
(28)
|
(25)
|
(33)
|
(30)
|
(55)
|
(65)
|
(69)
|
(83)
|
(86)
|
(79)
|
(89)
|
(80)
|
(67)
|
(76)
|
(54)
|
(64)
|
(131)
|
(152)
|
(178)
|
(177)
|
(155)
|
|
Net Income (Common) |
(26)
N/A
|
(26)
-3%
|
(26)
+2%
|
(27)
-5%
|
(26)
+5%
|
(24)
+5%
|
(52)
-116%
|
(71)
-35%
|
(87)
-23%
|
(97)
-12%
|
(73)
+25%
|
(62)
+15%
|
(46)
+26%
|
(42)
+7%
|
(28)
+33%
|
(25)
+12%
|
(33)
-32%
|
(30)
+10%
|
(55)
-85%
|
(65)
-17%
|
(69)
-7%
|
(83)
-20%
|
(86)
-3%
|
(79)
+7%
|
(89)
-12%
|
(80)
+9%
|
(67)
+17%
|
(76)
-13%
|
(54)
+29%
|
(64)
-18%
|
(131)
-106%
|
(152)
-16%
|
(178)
-17%
|
(177)
+1%
|
(155)
+12%
|
|
EPS (Diluted) |
-1.79
N/A
|
-1.84
-3%
|
-1.81
+2%
|
-1.89
-4%
|
-1.8
+5%
|
-1.71
+5%
|
-3.96
-132%
|
-3.69
+7%
|
-4.48
-21%
|
-5.01
-12%
|
-3.81
+24%
|
-2.94
+23%
|
-2.02
+31%
|
-1.86
+8%
|
-1.27
+32%
|
-1.08
+15%
|
-1.41
-31%
|
-1.26
+11%
|
-2.28
-81%
|
-2.23
+2%
|
-2.38
-7%
|
-2.85
-20%
|
-2.92
-2%
|
-2.18
+25%
|
-2.3
-6%
|
-2.08
+10%
|
-1.73
+17%
|
-1.73
N/A
|
-1.23
+29%
|
-1.38
-12%
|
-2.92
-112%
|
-3.29
-13%
|
-3.69
-12%
|
-3.28
+11%
|
-3
+9%
|