$308.32M Market Cap.
NVEC Market Cap. (MRY)
NVEC Shares Outstanding (MRY)
NVEC Assets (MRY)
Total Assets
$64.28M
Total Liabilities
$2.01M
Total Investments
$40.00M
NVEC Income (MRY)
Revenue
$25.87M
Net Income
$15.06M
Operating Expense
$5.64M
NVEC Cash Flow (MRY)
CF Operations
$14.31M
CF Investing
$2.67M
CF Financing
-$19.23M
NVEC Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2025 | $4.00 | 6.30% | 0.00% | 128.21% | 0.78 |
2024 | $4.00 | 4.40% | 0.00% | 112.99% | 0.89 |
2023 | $4.00 | 4.80% | 0.00% | 85.11% | 1.18 |
2022 | $4.00 | 7.30% | 0.00% | 133.33% | 0.75 |
2021 | $4.00 | 5.70% | - | 165.29% | 0.60 |
NVEC Balance Sheet (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total Assets | $64,275,862 (-3.75%) | $66,780,033 (-3.57%) | $69,255,170 (2.65%) | $67,467,492 (-6.94%) |
Assets Current | $33,199,922 (0.02%) | $33,194,096 (7.82%) | $30,786,804 (-25.82%) | $41,503,177 (70.36%) |
Assets Non-Current | $31,075,940 (-7.47%) | $33,585,937 (-12.69%) | $38,468,366 (48.16%) | $25,964,315 (-46.06%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $62,268,771 (-5.03%) | $65,568,517 (-2.25%) | $67,079,502 (3.89%) | $64,565,129 (-8.92%) |
Property Plant & Equipment Net | $2,904,248 (116.10%) | $1,343,932 (-24.13%) | $1,771,281 (51.83%) | $1,166,635 (13.72%) |
Cash & Equivalents | $8,036,564 (-21.85%) | $10,283,550 (515.82%) | $1,669,896 (-84.02%) | $10,449,510 (0.21%) |
Accumulated Other Comprehensive Income | -$68,544 (91.19%) | -$777,637 (35.94%) | -$1,213,858 (-281.57%) | -$318,120 (-128.89%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $39,996,216 (-6.35%) | $42,706,080 (-17.30%) | $51,638,142 (14.36%) | $45,153,894 (-17.48%) |
Investments Current | $13,691,593 (14.88%) | $11,917,779 (-23.18%) | $15,513,095 (-25.56%) | $20,839,683 (171.39%) |
Investments Non-Current | $26,304,623 (-14.56%) | $30,788,301 (-14.77%) | $36,125,047 (48.58%) | $24,314,211 (-48.31%) |
Inventory | $7,449,083 (4.06%) | $7,158,585 (11.56%) | $6,417,010 (26.10%) | $5,088,635 (30.45%) |
Trade & Non-Trade Receivables | $3,589,268 (14.13%) | $3,144,833 (-51.79%) | $6,523,344 (38.65%) | $4,704,829 (139.52%) |
Trade & Non-Trade Payables | $214,691 (68.84%) | $127,154 (-54.86%) | $281,712 (-70.14%) | $943,535 (180.32%) |
Accumulated Retained Earnings (Deficit) | $42,467,837 (-9.15%) | $46,743,005 (-4.51%) | $48,949,610 (7.40%) | $45,578,456 (-9.57%) |
Tax Assets | $1,867,069 (28.44%) | $1,453,704 (154.13%) | $572,038 (18.32%) | $483,469 (557.44%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $921,231 (159.39%) | $355,147 (-31.53%) | $518,706 (-13.86%) | $602,139 (-17.71%) |
Debt Current | $83,010 (-53.72%) | $179,372 (2.03%) | $175,798 (12.60%) | $156,121 (3.89%) |
Debt Non-Current | $838,221 (376.87%) | $175,775 (-48.74%) | $342,908 (-23.12%) | $446,018 (-23.29%) |
Total Liabilities | $2,007,091 (65.67%) | $1,211,516 (-44.32%) | $2,175,668 (-25.04%) | $2,902,363 (80.41%) |
Liabilities Current | $1,168,870 (12.85%) | $1,035,741 (-43.49%) | $1,832,760 (-25.39%) | $2,456,345 (139.10%) |
Liabilities Non-Current | $838,221 (376.87%) | $175,775 (-48.74%) | $342,908 (-23.12%) | $446,018 (-23.29%) |
NVEC Income Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Revenues | $25,874,694 (-13.18%) | $29,804,179 (-22.09%) | $38,253,592 (41.75%) | $26,986,970 (26.31%) |
Cost of Revenue | $4,235,780 (-37.46%) | $6,772,533 (-16.00%) | $8,062,311 (28.73%) | $6,263,090 (51.96%) |
Selling General & Administrative Expense | $2,009,246 (13.40%) | $1,771,833 (-9.74%) | $1,963,105 (33.61%) | $1,469,321 (11.61%) |
Research & Development Expense | $3,635,519 (33.10%) | $2,731,434 (5.71%) | $2,583,994 (-11.68%) | $2,925,874 (-8.13%) |
Operating Expenses | $5,644,765 (25.08%) | $4,512,781 (-0.75%) | $4,547,099 (3.46%) | $4,395,195 (-2.35%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $2,974,221 (-11.03%) | $3,342,886 (-24.00%) | $4,398,379 (46.99%) | $2,992,312 (17.47%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $15,064,516 (-12.03%) | $17,124,699 (-24.54%) | $22,694,458 (56.43%) | $14,507,501 (24.06%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $15,064,516 (-12.03%) | $17,124,699 (-24.54%) | $22,694,458 (56.43%) | $14,507,501 (24.06%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $15,064,516 (-12.03%) | $17,124,699 (-24.54%) | $22,694,458 (56.43%) | $14,507,501 (24.06%) |
Weighted Average Shares | $4,835,069 (0.04%) | $4,833,146 (0.05%) | $4,830,826 (-0.06%) | $4,833,661 (-0.01%) |
Weighted Average Shares Diluted | $4,839,154 (-0.01%) | $4,839,705 (0.16%) | $4,832,096 (-0.07%) | $4,835,639 (0.02%) |
Earning Before Interest & Taxes (EBIT) | $18,038,737 (-11.87%) | $20,467,585 (-24.45%) | $27,092,837 (54.82%) | $17,499,813 (22.88%) |
Gross Profit | $21,638,914 (-6.05%) | $23,031,646 (-23.71%) | $30,191,281 (45.68%) | $20,723,880 (20.17%) |
Operating Income | $15,994,149 (-13.63%) | $18,518,865 (-27.79%) | $25,644,182 (57.05%) | $16,328,685 (28.13%) |
NVEC Cash Flow Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Net Cash Flow from Investing | $2,668,118 (-72.15%) | $9,580,084 (212.35%) | -$8,527,108 (-221.55%) | $7,015,421 (-16.73%) |
Net Cash Flow from Financing | -$19,225,522 (-0.06%) | -$19,213,841 (0.67%) | -$19,344,004 (0.78%) | -$19,496,930 (-0.36%) |
Net Cash Flow from Operations | $14,310,418 (-21.58%) | $18,247,411 (-4.42%) | $19,091,498 (52.69%) | $12,503,679 (-6.44%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$2,246,986 (-126.09%) | $8,613,654 (198.11%) | -$8,779,614 (-39701.33%) | $22,170 (-99.06%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $3,925,227 (-59.10%) | $9,596,815 (224.77%) | -$7,691,317 (-202.55%) | $7,500,000 (-11.64%) |
Capital Expenditure | -$1,257,109 (-7413.65%) | -$16,731 (98.21%) | -$935,791 (-93.11%) | -$484,579 (-672.52%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $114,162 (-2.81%) | $117,463 (667.45%) | -$20,700 (87.34%) | -$163,521 (-78.87%) |
Payment of Dividends & Other Cash Distributions | -$19,339,684 (-0.04%) | -$19,331,304 (-0.04%) | -$19,323,304 (0.05%) | -$19,333,409 (0.02%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $152,167 (7.21%) | $141,936 (137.92%) | $59,657 (-27.12%) | $81,855 (79.62%) |
Depreciation Amortization & Accretion | $324,232 (5.22%) | $308,147 (19.62%) | $257,606 (-39.38%) | $424,981 (-21.72%) |
NVEC Financial Metrics (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Gross Margin | 83.60% (8.15%) | 77.30% (-2.03%) | 78.90% (2.73%) | 76.80% (-4.83%) |
Profit Margin | 58.20% (1.22%) | 57.50% (-3.04%) | 59.30% (10.22%) | 53.80% (-1.65%) |
EBITDA Margin | 71.00% (1.87%) | 69.70% (-2.52%) | 71.50% (7.68%) | 66.40% (-4.05%) |
Return on Average Equity (ROAE) | 23.60% (-8.53%) | 25.80% (-26.70%) | 35.20% (62.96%) | 21.60% (35.85%) |
Return on Average Assets (ROAA) | 23.00% (-9.09%) | 25.30% (-25.37%) | 33.90% (62.20%) | 20.90% (34.84%) |
Return on Sales (ROS) | 69.70% (1.46%) | 68.70% (-2.97%) | 70.80% (9.26%) | 64.80% (-2.85%) |
Return on Invested Capital (ROIC) | 30.50% (-8.96%) | 33.50% (-25.56%) | 45.00% (50.50%) | 29.90% (39.72%) |
Dividend Yield | 6.30% (43.18%) | 4.40% (-8.33%) | 4.80% (-34.25%) | 7.30% (28.07%) |
Price to Earnings Ratio (P/E) | 20.43 (-19.81%) | 25.48 (44.28%) | 17.66 (-2.75%) | 18.16 (-37.32%) |
Price to Sales Ratio (P/S) | 11.91 (-18.55%) | 14.62 (39.54%) | 10.48 (7.42%) | 9.76 (-38.49%) |
Price to Book Ratio (P/B) | 4.95 (-25.53%) | 6.65 (11.23%) | 5.98 (46.57%) | 4.08 (-14.67%) |
Debt to Equity Ratio (D/E) | 0.03 (77.78%) | 0.02 (-43.75%) | 0.03 (-28.89%) | 0.04 (95.65%) |
Earnings Per Share (EPS) | 3.12 (-11.86%) | 3.54 (-24.68%) | 4.7 (56.67%) | 3 (23.97%) |
Sales Per Share (SPS) | 5.35 (-13.23%) | 6.17 (-22.12%) | 7.92 (41.84%) | 5.58 (26.31%) |
Free Cash Flow Per Share (FCFPS) | 2.7 (-28.42%) | 3.77 (0.37%) | 3.76 (51.11%) | 2.49 (-9.63%) |
Book Value Per Share (BVPS) | 12.88 (-5.06%) | 13.57 (-2.30%) | 13.89 (3.96%) | 13.36 (-8.92%) |
Tangible Assets Book Value Per Share (TABVPS) | 13.29 (-3.79%) | 13.82 (-3.62%) | 14.34 (2.71%) | 13.96 (-6.93%) |
Enterprise Value Over EBIT (EV/EBIT) | 17 (-19.05%) | 21 (40.00%) | 15 (0.00%) | 15 (-34.78%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 16.54 (-20.37%) | 20.77 (42.25%) | 14.6 (2.67%) | 14.22 (-35.40%) |
Asset Turnover | 0.4 (-10.20%) | 0.44 (-22.90%) | 0.57 (47.04%) | 0.39 (36.97%) |
Current Ratio | 28.4 (-11.38%) | 32.05 (90.79%) | 16.8 (-0.58%) | 16.9 (-28.75%) |
Dividends | $4 (0.00%) | $4 (0.00%) | $4 (0.00%) | $4 (0.00%) |
Free Cash Flow (FCF) | $13,053,309 (-28.40%) | $18,230,680 (0.41%) | $18,155,707 (51.06%) | $12,019,100 (-9.65%) |
Enterprise Value (EV) | $303,785,081 (-29.61%) | $431,588,467 (8.05%) | $399,439,110 (56.67%) | $254,960,350 (-21.68%) |
Earnings Before Tax (EBT) | $18,038,737 (-11.87%) | $20,467,585 (-24.45%) | $27,092,837 (54.82%) | $17,499,813 (22.88%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $18,362,969 (-11.61%) | $20,775,732 (-24.04%) | $27,350,443 (52.58%) | $17,924,794 (21.24%) |
Invested Capital | $55,991,659 (0.31%) | $55,815,889 (-15.78%) | $66,271,220 (20.14%) | $55,163,776 (-10.71%) |
Working Capital | $32,031,052 (-0.40%) | $32,158,355 (11.07%) | $28,954,044 (-25.85%) | $39,046,832 (67.33%) |
Tangible Asset Value | $64,275,862 (-3.75%) | $66,780,033 (-3.57%) | $69,255,170 (2.65%) | $67,467,492 (-6.94%) |
Market Capitalization | $308,320,961 (-29.26%) | $435,876,102 (8.72%) | $400,910,250 (52.27%) | $263,292,402 (-22.29%) |
Average Equity | $63,744,620 (-3.86%) | $66,300,998 (2.87%) | $64,448,270 (-4.11%) | $67,209,617 (-8.77%) |
Average Assets | $65,361,878 (-3.25%) | $67,559,753 (1.00%) | $66,892,005 (-3.62%) | $69,406,518 (-7.86%) |
Invested Capital Average | $59,183,070 (-3.16%) | $61,117,040 (1.47%) | $60,228,913 (2.95%) | $58,501,653 (-12.02%) |
Shares | 4,837,166 (0.08%) | 4,833,401 (0.05%) | 4,830,826 (-0.06%) | 4,833,714 (0.01%) |
