Mereo BioPharma Group plc

Mereo BioPharma Group plcMREOEarnings & Financial Report

Nasdaq · Health Care · Pharmaceutical Preparations

Mereo BioPharma Group plc is a UK-based clinical-stage biopharmaceutical company that develops targeted innovative therapies for rare diseases, oncology, and severe chronic conditions. It operates primarily across European and North American markets, advancing multiple late-stage pipeline candidates to address unmet patient medical needs.

MREO Q3 FY2025 Key Financial Metrics

Revenue

$0

Gross Profit

N/A

Operating Profit

$-10.0M

Net Profit

$-7.0M

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

YoY Growth

N/A

EPS

$-0.01

Mereo BioPharma Group plc Q3 FY2025 Financial Summary

Mereo BioPharma Group plc reported revenue of $0 for Q3 FY2025, with a net profit of $-7.0M (up 53.2% YoY) (N/A margin).

Key Financial Metrics

Total Revenue$0
Net Profit$-7.0M
Gross MarginN/A
Operating MarginN/A
Report PeriodQ3 FY2025

Mereo BioPharma Group plc Quarterly Revenue & Net Profit History

Mereo BioPharma Group plc results over the last 6 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q3 FY2025$0$-7.0MN/A
Q3 FY2024$0$-15.0MN/A
Q2 FY2024$0$-12.3MN/A
Q1 FY2024$0$-9.0MN/A
Q2 FY2023$9.0M$-1.8M-19.5%
Q1 FY2023$0$-12.1MN/A

Income Statement

Q1 2023Q2 2023Q1 2024Q2 2024Q3 2024Q3 2025
Revenue$0$9.0M$0$0$0$0
YoY GrowthN/AN/AN/AN/AN/AN/A

Balance Sheet

Q1 2023Q2 2023Q1 2024Q2 2024Q3 2024Q3 2025
AssetsN/AN/A$55.9M$96.1M$88.7M$53.6M
LiabilitiesN/AN/A$13.1M$17.5M$16.2M$7.0M
Equity$44.4M$49.7M$42.8M$78.7M$-72.5M$46.6M

Cash Flow

Q1 2023Q2 2023Q1 2024Q2 2024Q3 2024Q3 2025
Operating CF$-9.2M$-7.8M$-8.0M$-7.9M$-7.5M$-7.3M