Merlin MRLN
- Market cap
- $88.7M
- PE
- n/m
- a loss over the last year
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- n/m
- one or more of the four quarters through 2026-06-30 missing
- EV/EBIT
- n/m
- a loss over the last year
- Revenue, 12 months
- n/m
- one or more of the four quarters through 2026-06-30 missing
- Net margin
- n/m
- one or more of the four quarters through 2026-06-30 missing
- Free cash flow yield
- n/m
- not a meaningful number
Merlin's trailing earnings are negative, so it has no PE.
Charts
Financials
| Income statement | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|
| n/a | n/a | $868K | $3.1M | n/a | n/a | $1M+15% | $2.2M−29% | |
| Cost of revenue | n/a | n/a | $714K | $3.1M | n/a | n/a | −$811K | $2.3M−25% |
| Gross profit | n/a | n/a | $154K | $41K | n/a | n/a | $1.8M+1077% | −$119K |
| R&D | n/a | n/a | $6.7M | $6.9M | n/a | n/a | $14.1M+111% | $16.4M+139% |
| SG&A | $47.4K | $173.7K | $4.9M | $4.2M | $2.6M+5413% | $644.3K+271% | $14.7M+202% | $17M+306% |
| −$47.4K | −$173.7K | −$11.4M | −$11M | −$2.6M+5413% | −$644.3K+271% | −$27M+137% | −$33.5M+205% | |
| Interest expense | n/a | n/a | $1.6M | $1.3M | n/a | n/a | $9K−99% | $0 |
| Pre-tax income | n/a | n/a | −$12.7M | −$16.3M | n/a | n/a | −$90.4M+610% | −$58.3M+258% |
| n/a | n/a | $1K | $1K | n/a | n/a | $48K+4700% | $125K+12400% | |
| Net income | −$47.4K | $1.6M | −$12.7M | −$16.3M | $83.7K | $1.2M−25% | −$90.4M+610% | −$58.4M+259% |
| −$0.01 | $0.24 | −$0.18 | −$0.23 | $0.00 | $0.04−83% | −$1.27+606% | −$1.40+509% | |
| 8.3M | 6.6M | 70.9M | 71M | 25M+200% | 26.7M+304% | 72.4M+2% | 91.3M+29% |
EPS, diluted: Q4 FY24 and Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 4 periods, Q3 FY24 to Q4 FY25: not printed by the filing, worked out from its own lines.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Software - Infrastructure nearest Merlin's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| MRLNMerlin | $88.7M | n/m | 50.6× | n/m | n/m | n/m | |
| NTWKNetsol Technologies | $93.9M | 31.4× | 22.2× | 1.3× | +13% | 4.0% | |
| FATNFatpipe | $75.3M | 13.7× | 17.2× | 3.7× | +23% | n/m | |
| CCLDCareCloud | $75.2M | 25.3× | 37.4× | 0.6× | +15% | 6.2% | |
| WFCFWhere Food Comes From | $74.6M | 53.5× | 42.3× | 3.0× | −2% | 5.8% | |
| EGANEGAIN | $148.7M | 17.8× | 51.1× | 1.6× | +3% | 9.7% | |
| IDNIntellicheck | $49.5M | 16.3× | 39.8× | 2.1× | +17% | 13.0% | |
| MKLYMcKinley Acquisition | $250M | 30.2× | 35.0× | n/m | n/m | n/m | |
| RBBNRibbon Communications | $250.4M | 17.5× | 18.7× | 0.3× | −8% | 2.0% | |
| FIEEFiEE | $26.9M | 9.3× | 102× | n/m | n/m | n/m | |
| MKTWMarketwise | $297M | 21.6× | 7.4× | 0.9× | −11% | 0.7% | |
| Peer median | $84.6M | 19.7× | 36.2× | 1.4× | +8% | 5.8% |
Investors who own it
Investors we follow who held Merlin at the end of Jun 30, 2026, from their 13F filings.
- Baillie GiffordBaillie Gifford0.0% of portfolio
More on Merlin
Each number over time
Its groups
About
- Industry
- Software - Infrastructure
- Sector
- Technology
Valuation data, not investment advice. Prices as of .