$40.14M Market Cap.
AERT Market Cap. (MRY)
AERT Shares Outstanding (MRY)
AERT Assets (MRY)
Total Assets
$49.41M
Total Liabilities
$50.59M
Total Investments
$1.61M
AERT Income (MRY)
Revenue
$72.51M
Net Income
$15.66M
Operating Expense
$18.65M
AERT Cash Flow (MRY)
CF Operations
-$4.30M
CF Investing
-$1.74M
CF Financing
$7.06M
AERT Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0 | 0% | 0% | 0% | - |
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | - | 0% | - |
AERT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $49,407,000 (43.64%) | $34,397,000 (82.36%) | $18,862,000 (-91.92%) | $233,526,968 |
Assets Current | $32,836,000 (59.51%) | $20,585,000 (72.56%) | $11,929,000 (1220.64%) | $903,277 |
Assets Non-Current | $16,571,000 (19.98%) | $13,812,000 (99.22%) | $6,933,000 (-97.02%) | $232,623,691 |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Shareholders Equity | -$12,240,000 (-200.41%) | $12,190,000 (61.33%) | $7,556,000 (138.17%) | -$19,798,051 |
Property Plant & Equipment Net | $10,897,000 (24.51%) | $8,752,000 (212.79%) | $2,798,000 (0%) | $0 |
Cash & Equivalents | $2,084,000 (84.26%) | $1,131,000 (222.22%) | $351,000 (-30.25%) | $503,204 |
Accumulated Other Comprehensive Income | -$574,000 (57.45%) | -$1,349,000 (-109.47%) | -$644,000 (0%) | $0 |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Total Investments | $1,612,000 (3.07%) | $1,564,000 (-0.06%) | $1,565,000 (-99.33%) | $232,320,844 |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Investments Non-Current | $1,612,000 (3.07%) | $1,564,000 (-0.06%) | $1,565,000 (-99.33%) | $232,320,844 |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Trade & Non-Trade Receivables | $23,757,000 (77.08%) | $13,416,000 (65.02%) | $8,130,000 (0%) | $0 |
Trade & Non-Trade Payables | $6,616,000 (167.42%) | $2,474,000 (194.17%) | $841,000 (29828.83%) | $2,810 |
Accumulated Retained Earnings (Deficit) | -$11,668,000 (-284.68%) | $6,318,000 (29.68%) | $4,872,000 (124.61%) | -$19,798,626 |
Tax Assets | $1,933,000 (56.27%) | $1,237,000 (15.39%) | $1,072,000 (0%) | $0 |
Tax Liabilities | $92,000 (-45.24%) | $168,000 (33.33%) | $126,000 (0%) | $0 |
Total Debt | $15,913,000 (92.79%) | $8,254,000 (625.95%) | $1,137,000 (445.43%) | $208,461 |
Debt Current | $8,858,000 (192.92%) | $3,024,000 (1274.55%) | $220,000 (5.54%) | $208,461 |
Debt Non-Current | $7,055,000 (34.89%) | $5,230,000 (470.34%) | $917,000 (0%) | $0 |
Total Liabilities | $50,587,000 (141.72%) | $20,928,000 (105.86%) | $10,166,000 (-51.65%) | $21,025,019 |
Liabilities Current | $38,125,000 (204.46%) | $12,522,000 (89.35%) | $6,613,000 (1588.79%) | $391,582 |
Liabilities Non-Current | $12,462,000 (48.25%) | $8,406,000 (136.59%) | $3,553,000 (-82.78%) | $20,633,437 |
AERT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $72,509,000 (36.55%) | $53,099,000 (29.47%) | $41,014,000 (0%) | $0 |
Cost of Revenue | $50,868,000 (28.97%) | $39,442,000 (35.97%) | $29,007,000 (0%) | $0 |
Selling General & Administrative Expense | $18,654,000 (64.70%) | $11,326,000 (108.85%) | $5,423,000 (1842.02%) | $279,246 |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Operating Expenses | $18,654,000 (64.70%) | $11,326,000 (108.85%) | $5,423,000 (1842.02%) | $279,246 |
Interest Expense | $462,000 (149.73%) | $185,000 (-58.33%) | $444,000 (0%) | $0 |
Income Tax Expense | $1,871,000 (76.51%) | $1,060,000 (-16.40%) | $1,268,000 (0%) | $0 |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Consolidated Income | $17,256,000 (911.49%) | $1,706,000 (-63.97%) | $4,735,000 (279.79%) | -$2,633,699 |
Net Income to Non-Controlling Interests | $1,599,000 (515.00%) | $260,000 (-63.02%) | $703,000 (0%) | $0 |
Net Income | $15,657,000 (982.78%) | $1,446,000 (-64.14%) | $4,032,000 (253.09%) | -$2,633,699 |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Income Common Stock | $15,657,000 (982.78%) | $1,446,000 (-64.14%) | $4,032,000 (253.09%) | -$2,633,699 |
Weighted Average Shares | $15,532,382 (55.32%) | $10,000,000 (0.00%) | $10,000,000 (-2.68%) | $10,275,662 |
Weighted Average Shares Diluted | $15,532,382 (55.32%) | $10,000,000 (0.00%) | $10,000,000 (-2.68%) | $10,275,662 |
Earning Before Interest & Taxes (EBIT) | $17,990,000 (568.52%) | $2,691,000 (-53.15%) | $5,744,000 (318.10%) | -$2,633,699 |
Gross Profit | $21,641,000 (58.46%) | $13,657,000 (13.74%) | $12,007,000 (0%) | $0 |
Operating Income | $2,987,000 (28.14%) | $2,331,000 (-64.60%) | $6,584,000 (2457.78%) | -$279,246 |
AERT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$1,740,000 (-11.75%) | -$1,557,000 (-256.29%) | -$437,000 (99.81%) | -$232,300,000 |
Net Cash Flow from Financing | $7,056,000 (2700.00%) | $252,000 (107.12%) | -$3,537,000 (-101.51%) | $233,642,718 |
Net Cash Flow from Operations | -$4,299,000 (-303.65%) | $2,111,000 (-33.28%) | $3,164,000 (476.88%) | -$839,514 |
Net Cash Flow / Change in Cash & Cash Equivalents | $953,000 (22.18%) | $780,000 (194.32%) | -$827,000 (-264.35%) | $503,204 |
Net Cash Flow - Business Acquisitions and Disposals | -$231,000 (-845.16%) | $31,000 (-81.87%) | $171,000 (0%) | $0 |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | -$232,300,000 |
Capital Expenditure | -$1,509,000 (4.97%) | -$1,588,000 (-161.18%) | -$608,000 (0%) | $0 |
Issuance (Repayment) of Debt Securities | $697,000 (-25.29%) | $933,000 (126.14%) | -$3,569,000 (-6048.33%) | $60,000 |
Issuance (Purchase) of Equity Shares | $8,656,000 (9736.36%) | $88,000 (175.00%) | $32,000 (-99.99%) | $230,000,000 |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Effect of Exchange Rate Changes on Cash | -$64,000 (-146.15%) | -$26,000 (-52.94%) | -$17,000 (0%) | $0 |
Share Based Compensation | $1,626,000 (-57.27%) | $3,805,000 (0%) | $0 (0%) | $0 |
Depreciation Amortization & Accretion | $1,352,000 (15.36%) | $1,172,000 (2.81%) | $1,140,000 (0%) | $0 |
AERT Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 29.80% (15.95%) | 25.70% (-12.29%) | 29.30% | - |
Profit Margin | 21.60% (700.00%) | 2.70% (-72.45%) | 9.80% | - |
EBITDA Margin | 26.70% (265.75%) | 7.30% (-56.55%) | 16.80% | - |
Return on Average Equity (ROAE) | -233.20% (-125.53%) | -103.40% (21.43%) | -131.60% (-347.37%) | 53.20% |
Return on Average Assets (ROAA) | 35.40% (4325.00%) | 0.80% (-87.50%) | 6.40% (242.22%) | -4.50% |
Return on Sales (ROS) | 24.80% (386.27%) | 5.10% (-63.57%) | 14.00% | - |
Return on Invested Capital (ROIC) | 89.60% (5873.33%) | 1.50% (-83.87%) | 9.30% (306.67%) | -4.50% |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | 2.82 (0%) | 0 (0%) | 0 (0%) | -37.46 |
Price to Sales Ratio (P/S) | 0.55 (-71.73%) | 1.95 (-18.86%) | 2.4 | - |
Price to Book Ratio (P/B) | -3.28 (-113.43%) | 24.41 (-34.87%) | 37.48 (364.97%) | -14.14 |
Debt to Equity Ratio (D/E) | -4.13 (-340.71%) | 1.72 (27.66%) | 1.34 (226.65%) | -1.06 |
Earnings Per Share (EPS) | 0.91 (-100.00%) | 125,496 (-64.32%) | 351,684 (135263176.92%) | -0.26 |
Sales Per Share (SPS) | 4.67 (-12.09%) | 5.31 (29.48%) | 4.1 (0%) | 0 |
Free Cash Flow Per Share (FCFPS) | -0.37 (-819.23%) | 0.05 (-79.69%) | 0.26 (412.20%) | -0.08 |
Book Value Per Share (BVPS) | -0.79 (-164.64%) | 1.22 (61.24%) | 0.76 (139.23%) | -1.93 |
Tangible Assets Book Value Per Share (TABVPS) | 3.18 (-7.53%) | 3.44 (82.40%) | 1.89 (-91.70%) | 22.73 |
Enterprise Value Over EBIT (EV/EBIT) | 3 (-97.30%) | 111 (126.53%) | 49 (146.23%) | -106 |
Enterprise Value Over EBITDA (EV/EBITDA) | 2.46 (-96.80%) | 77.07 (87.23%) | 41.16 (138.69%) | -106.39 |
Asset Turnover | 1.64 (468.75%) | 0.29 (-55.49%) | 0.65 (0%) | 0 |
Current Ratio | 0.86 (-47.63%) | 1.64 (-8.87%) | 1.8 (-21.80%) | 2.31 |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Free Cash Flow (FCF) | -$5,808,000 (-1210.52%) | $523,000 (-79.54%) | $2,556,000 (404.46%) | -$839,514 |
Enterprise Value (EV) | $47,662,843 (-83.99%) | $297,714,374 (5.07%) | $283,361,840 (1.13%) | $280,199,340 |
Earnings Before Tax (EBT) | $17,528,000 (599.44%) | $2,506,000 (-52.72%) | $5,300,000 (301.24%) | -$2,633,699 |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $19,342,000 (400.70%) | $3,863,000 (-43.88%) | $6,884,000 (361.38%) | -$2,633,699 |
Invested Capital | $25,111,000 (-13.40%) | $28,998,000 (122.46%) | $13,035,000 (-94.40%) | $232,840,643 |
Working Capital | -$5,289,000 (-165.60%) | $8,063,000 (51.67%) | $5,316,000 (938.90%) | $511,695 |
Tangible Asset Value | $49,407,000 (43.64%) | $34,397,000 (82.36%) | $18,862,000 (-91.92%) | $233,526,968 |
Market Capitalization | $40,140,843 (-86.51%) | $297,562,500 (5.08%) | $283,187,500 (1.13%) | $280,025,000 |
Average Equity | -$6,714,750 (-380.27%) | -$1,398,111 (54.36%) | -$3,063,657 (38.10%) | -$4,949,542 |
Average Assets | $44,272,500 (-75.96%) | $184,145,639 (190.29%) | $63,435,086 (8.00%) | $58,735,666 |
Invested Capital Average | $20,076,500 (-88.92%) | $181,195,484 (194.43%) | $61,541,874 (5.59%) | $58,286,240 |
Shares | 15,619,005 (-45.67%) | 28,750,000 (0.00%) | 28,750,000 (0.00%) | 28,750,000 |
