Marimed Inc. financial data

Symbol
MRMD on OTC
Industry
Medicinal Chemicals & Botanical Products
Location
10 Oceana Way, 2 Nd Floor, Norwood, MA
State of incorporation
DE
Fiscal year end
December 31
Former names
WORLDS ONLINE INC. (to 5/15/2017)
Latest financial report
10-K - Q4 2024 - Mar 6, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 129 % -29.7%
Quick Ratio 76 % -6.15%
Return On Equity -18.4 % +15.3%
Return On Assets -5.87 % +30.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 382M shares +1.88%
Common Stock, Shares, Outstanding 381M shares +1.69%
Entity Public Float 51.7M USD -53.2%
Common Stock, Value, Issued 381K USD +1.6%
Weighted Average Number of Shares Outstanding, Basic 379M shares +4.33%
Weighted Average Number of Shares Outstanding, Diluted 379M shares +4.33%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 158M USD +6.3%
Cost of Revenue 95.1M USD +15%
General and Administrative Expense 25.6M USD +15.8%
Operating Income (Loss) 2.91M USD -79.8%
Nonoperating Income (Expense) -6.88M USD +67.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -3.97M USD +39.8%
Income Tax Expense (Benefit) 8.16M USD -13.3%
Net Income (Loss) Attributable to Parent -12.2M USD +24.1%
Earnings Per Share, Basic -0.03 USD/shares +25%
Earnings Per Share, Diluted -0.03 USD/shares +25%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7.28M USD -50.3%
Accounts Receivable, after Allowance for Credit Loss, Current 8.74M USD +21.4%
Inventory, Net 33.5M USD +32.3%
Other Assets, Current 3.39M USD -3.5%
Assets, Current 53.5M USD +4.04%
Property, Plant and Equipment, Net 94.2M USD +5.68%
Operating Lease, Right-of-Use Asset 8.73M USD -10.1%
Goodwill 15.8M USD +31.8%
Other Assets, Noncurrent 11.2M USD -10.5%
Assets 207M USD +5.54%
Accounts Payable, Current 13.2M USD +46.5%
Accrued Liabilities, Current 4.44M USD +25%
Liabilities, Current 48.7M USD +57.7%
Operating Lease, Liability, Noncurrent 7.55M USD -10.7%
Other Liabilities, Noncurrent 100K USD 0%
Liabilities 128M USD +19.5%
Retained Earnings (Accumulated Deficit) -112M USD -12.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 59.9M USD -14.4%
Liabilities and Equity 207M USD +5.54%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 3.21M USD
Net Cash Provided by (Used in) Financing Activities 1.65M USD -92.9%
Net Cash Provided by (Used in) Investing Activities -4.27M USD +38.4%
Common Stock, Shares Authorized 700M shares 0%
Common Stock, Shares, Issued 381M shares +1.69%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 589K USD -95%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.69M USD +53.2%
Deferred Tax Assets, Valuation Allowance 18.1M USD -8.99%
Deferred Tax Assets, Gross 18.1M USD -8.99%
Operating Lease, Liability 9.54M USD -8.3%
Depreciation 7.9M USD +43.6%
Payments to Acquire Property, Plant, and Equipment 3.37M USD +10.4%
Lessee, Operating Lease, Liability, to be Paid 9.7M USD -17%
Property, Plant and Equipment, Gross 116M USD +11.3%
Operating Lease, Liability, Current 1.99M USD +2.21%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.92M USD -3.62%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.99M USD +2.21%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 166K USD -87.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.81M USD -7.41%
Deferred Tax Assets, Operating Loss Carryforwards 12.7M USD -13.6%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 32.7M shares 0%
Unrecognized Tax Benefits 5.26M USD -6.97%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.76M USD -3.09%
Additional Paid in Capital 173M USD +1.3%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 374K USD -32.9%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 8.31M USD +114%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%