BLTE Financial Statements

Balance sheet, income statement, cash flow, and dividends for Belite Bio Inc (BLTE).


$1.84B Market Cap.

As of 03/17/2025 5:00 PM ET (MRY) • Disclaimer

BLTE Market Cap. (MRY)


BLTE Shares Outstanding (MRY)


BLTE Assets (MRY)


Total Assets

$152.13M

Total Liabilities

$6.31M

Total Investments

$113.47M

BLTE Income (MRY)


Revenue

$0

Net Income

-$36.14M

Operating Expense

$40.00M

BLTE Cash Flow (MRY)


CF Operations

-$29.23M

CF Investing

-$110.57M

CF Financing

$83.59M

BLTE 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%

-

2020

$0

-

-

0%

-

BLTE Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$152,132,000 (60.74%)

$94,642,000 (113.77%)

$44,273,000 (141.30%)

$18,348,000 (-28.72%)

Assets Current

$147,073,000 (63.52%)

$89,940,000 (110.11%)

$42,807,000 (145.58%)

$17,431,000 (-32.09%)

Assets Non-Current

$5,059,000 (7.59%)

$4,702,000 (220.74%)

$1,466,000 (59.87%)

$917,000 (1156.16%)

Goodwill & Intangible Assets

$31,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$145,821,000 (61.25%)

$90,431,000 (117.90%)

$41,501,000 (374.97%)

-$15,093,000 (-114.48%)

Property Plant & Equipment Net

$965,000 (-25.83%)

$1,301,000 (-5.59%)

$1,378,000 (1365.96%)

$94,000 (42.42%)

Cash & Equivalents

$31,677,000 (-64.07%)

$88,157,000 (109.45%)

$42,089,000 (142.67%)

$17,344,000 (-32.30%)

Accumulated Other Comprehensive Income

-$660,000 (-76.47%)

-$374,000 (4.59%)

-$392,000 (-100.00%)

-$196,000 (-345.45%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$113,472,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$113,472,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$575,000 (-31.22%)

$836,000 (41700.00%)

$2,000 (0%)

$0 (0%)

Trade & Non-Trade Payables

$13,000 (0%)

$0 (0%)

$0 (0%)

$71,000 (173.08%)

Accumulated Retained Earnings (Deficit)

-$107,647,000 (-50.55%)

-$71,503,000 (-79.34%)

-$39,871,000 (-46.46%)

-$27,223,000 (-55.05%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$537,000 (-39.39%)

$886,000 (2.31%)

$866,000 (0%)

$0 (0%)

Debt Current

$276,000 (-10.39%)

$308,000 (55.56%)

$198,000 (0%)

$0 (0%)

Debt Non-Current

$261,000 (-54.84%)

$578,000 (-13.47%)

$668,000 (0%)

$0 (0%)

Total Liabilities

$6,311,000 (49.87%)

$4,211,000 (51.91%)

$2,772,000 (69.54%)

$1,635,000 (68.21%)

Liabilities Current

$6,050,000 (66.53%)

$3,633,000 (72.67%)

$2,104,000 (28.69%)

$1,635,000 (68.21%)

Liabilities Non-Current

$261,000 (-54.84%)

$578,000 (-13.47%)

$668,000 (0%)

$0 (0%)

BLTE Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Cost of Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Selling General & Administrative Expense

$10,057,000 (47.38%)

$6,824,000 (72.67%)

$3,952,000 (66.19%)

$2,378,000 (15.72%)

Research & Development Expense

$29,939,000 (20.51%)

$24,844,000 (180.12%)

$8,869,000 (19.54%)

$7,419,000 (101.17%)

Operating Expenses

$39,996,000 (26.30%)

$31,668,000 (147.00%)

$12,821,000 (30.87%)

$9,797,000 (70.59%)

Interest Expense

$20,000 (-20.00%)

$25,000 (56.25%)

$16,000 (0%)

$0 (0%)

Income Tax Expense

$6,000 (-33.33%)

$9,000 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$36,144,000 (-14.26%)

-$31,632,000 (-150.09%)

-$12,648,000 (-30.85%)

-$9,666,000 (-68.02%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$36,144,000 (-14.26%)

-$31,632,000 (-150.09%)

-$12,648,000 (-30.85%)

-$9,666,000 (-68.02%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$36,144,000 (-14.26%)

-$31,632,000 (-150.09%)

-$12,648,000 (-30.85%)

-$9,666,000 (-68.02%)

Weighted Average Shares

$30,538,378 (14.83%)

$26,593,673 (33.12%)

$19,976,596 (108.74%)

$9,569,932 (8.87%)

Weighted Average Shares Diluted

$30,538,378 (14.83%)

$26,593,673 (33.12%)

$19,976,596 (108.74%)

$9,569,932 (8.87%)

Earning Before Interest & Taxes (EBIT)

-$36,118,000 (-14.30%)

-$31,598,000 (-150.14%)

-$12,632,000 (-30.68%)

-$9,666,000 (-68.66%)

Gross Profit

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Income

-$39,996,000 (-26.30%)

-$31,668,000 (-147.00%)

-$12,821,000 (-30.87%)

-$9,797,000 (-70.59%)

BLTE Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$110,572,000 (-175411.11%)

-$63,000 (84.01%)

-$394,000 (-603.57%)

-$56,000 (-180.00%)

Net Cash Flow from Financing

$83,595,000 (10.05%)

$75,959,000 (105.50%)

$36,963,000 (6440.14%)

-$583,000 (-102.08%)

Net Cash Flow from Operations

-$29,234,000 (2.02%)

-$29,837,000 (-160.40%)

-$11,458,000 (-53.30%)

-$7,474,000 (-68.26%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$56,480,000 (-222.60%)

$46,068,000 (86.17%)

$24,745,000 (399.07%)

-$8,274,000 (-135.06%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$110,421,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$116,000 (-84.13%)

-$63,000 (84.01%)

-$394,000 (-603.57%)

-$56,000 (-180.00%)

Issuance (Repayment) of Debt Securities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Issuance (Purchase) of Equity Shares

$83,201,000 (7.79%)

$77,189,000 (103.17%)

$37,993,000 (16276.29%)

$232,000 (-60.41%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$269,000 (-3088.89%)

$9,000 (102.46%)

-$366,000 (-127.33%)

-$161,000 (-4125.00%)

Share Based Compensation

$8,987,000 (135.08%)

$3,823,000 (157.79%)

$1,483,000 (-3.07%)

$1,530,000 (12.25%)

Depreciation Amortization & Accretion

$449,000 (12.53%)

$399,000 (101.52%)

$198,000 (560.00%)

$30,000 (76.47%)

BLTE Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

-

-

-

-

Profit Margin

-

-

-

-

EBITDA Margin

-

-

-

-

Return on Average Equity (ROAE)

-30.60% (36.25%)

-48.00% (49.90%)

-95.80% (-209.61%)

87.40%

Return on Average Assets (ROAA)

-29.30% (35.60%)

-45.50% (-12.62%)

-40.40% (7.76%)

-43.80%

Return on Sales (ROS)

-

-

-

-

Return on Invested Capital (ROIC)

-60.90% (95.49%)

-1349.20% (83.18%)

-8020.30% (-714.02%)

1306.20%

Dividend Yield

0% (0%)

0% (0%)

0%

-

Price to Earnings Ratio (P/E)

-53.48 (-39.09%)

-38.45 (19.65%)

-47.85

-

Price to Sales Ratio (P/S)

-

-

-

-

Price to Book Ratio (P/B)

12.61 (0.13%)

12.6 (-28.03%)

17.5

-

Debt to Equity Ratio (D/E)

0.04 (-8.51%)

0.05 (-29.85%)

0.07 (162.04%)

-0.11 (21.74%)

Earnings Per Share (EPS)

-1.18 (0.84%)

-1.19 (-88.89%)

-0.63 (37.62%)

-1.01 (-55.38%)

Sales Per Share (SPS)

0 (0%)

0 (0%)

0 (0%)

0 (0%)

Free Cash Flow Per Share (FCFPS)

-0.96 (14.50%)

-1.12 (-89.54%)

-0.59 (24.65%)

-0.79 (-54.92%)

Book Value Per Share (BVPS)

4.78 (40.44%)

3.4 (63.70%)

2.08 (231.71%)

-1.58 (-96.88%)

Tangible Assets Book Value Per Share (TABVPS)

4.98 (39.96%)

3.56 (60.60%)

2.22 (15.60%)

1.92 (-34.53%)

Enterprise Value Over EBIT (EV/EBIT)

-49 (-40.00%)

-35 (37.50%)

-56

-

Enterprise Value Over EBITDA (EV/EBITDA)

-49.12 (-39.59%)

-35.19 (38.29%)

-57.02

-

Asset Turnover

0 (0%)

0 (0%)

0 (0%)

0

Current Ratio

24.31 (-1.80%)

24.76 (21.68%)

20.35 (90.85%)

10.66 (-59.63%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$29,350,000 (1.84%)

-$29,900,000 (-152.28%)

-$11,852,000 (-57.40%)

-$7,530,000 (-68.76%)

Enterprise Value (EV)

$1,752,058,916 (59.58%)

$1,097,902,041 (54.85%)

$709,009,331

-

Earnings Before Tax (EBT)

-$36,138,000 (-14.28%)

-$31,623,000 (-150.02%)

-$12,648,000 (-30.85%)

-$9,666,000 (-68.05%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$35,669,000 (-14.33%)

-$31,199,000 (-150.92%)

-$12,434,000 (-29.04%)

-$9,636,000 (-68.64%)

Invested Capital

$114,911,000 (2974.13%)

$3,738,000 (295.14%)

$946,000 (249.92%)

-$631,000 (25.68%)

Working Capital

$141,023,000 (63.40%)

$86,307,000 (112.04%)

$40,703,000 (157.68%)

$15,796,000 (-36.04%)

Tangible Asset Value

$152,101,000 (60.71%)

$94,642,000 (113.77%)

$44,273,000 (141.30%)

$18,348,000 (-28.72%)

Market Capitalization

$1,839,329,916 (61.47%)

$1,139,125,041 (56.83%)

$726,353,331

-

Average Equity

$118,126,000 (79.07%)

$65,966,000 (399.59%)

$13,204,000 (219.33%)

-$11,065,000

Average Assets

$123,387,000 (77.64%)

$69,457,500 (121.83%)

$31,310,500 (42.03%)

$22,044,500

Invested Capital Average

$59,324,500 (2433.07%)

$2,342,000 (1386.98%)

$157,500 (121.28%)

-$740,000

Shares

29,149,444 (17.07%)

24,898,908 (3.34%)

24,095,317 (0.00%)

24,095,317