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MYNZ

Mainz Biomed NV

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Latest Quote

$0.84

+0.02 (+2.71%)
Current Price
Previous Close $0.82
Open $0.80
Day High $0.86
Day Low $0.74
Volume 5,235,144
Fetched: 2026-05-12T23:00:25
Stock Information
Shares Outstanding 12.52M
Total Debt $3.09M
Cash Equivalents $1.91M
Revenue $660K
Net Income $-18.97M
Sector Healthcare
Industry Diagnostics & Research
Market Cap $10.56M
EPS (TTM) $-5.28
Exchange NGM
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Recent Price History
No history data available. Data will be fetched automatically.
About Mainz Biomed NV

Mainz Biomed N.V. develops and sells in-vitro diagnostic (IVD) tests for the early detection of cancer in the United States and Europe. It offers ColoAlert, a colorectal cancer diagnostic molecular genetic stool test. The company also develops PancAlert, a stool-based screening test for the detection of pancreatic cancer. In addition, it operates a clinical diagnostic laboratory; and distributes its IVD kits to third-party laboratories. The company has a collaboration agreement with Thermo Fisher Scientific Inc. for the development and commercialization of colorectal cancer screening product. Mainz Biomed N.V. was founded in 2008 and is based in Mainz, Germany.

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Income Statement (Annual)
Metric 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenue
Reconciled Cost Of Revenue $319,108 $385,820 $123,166 $368,180
Cost Of Revenue $319,108 $385,820 $347,726 $399,726
Total Revenue $893,991 $895,479 $529,877 $577,348
Operating Revenue $893,991 $895,479 $529,877 $577,348
Expenses
Interest Expense $1,075,232 $559,581 $289,324 $339,171
Total Expenses $19,312,239 $27,540,161 $26,973,917 $10,301,954
Other Income Expense $-2,157,183 $1,158,536 $346,028 $-1,626,321
Other Non Operating Income Expenses $-1,908,351 $1,109,859 $346,028 $393,418
Net Non Operating Interest Income Expense $-1,075,232 $-809,581 $-289,324 $-339,171
Interest Expense Non Operating $1,075,232 $559,581 $289,324 $339,171
Operating Expense $18,993,131 $27,154,341 $26,626,191 $9,902,228
Selling And Marketing Expense $4,695,285 $3,803,351 $5,018,728 $626,366
General And Administrative Expense $8,079,637 $13,418,194 $16,432,859 $8,755,545
Total Other Finance Cost - $250,000 - $139,974
Other Operating Expenses - - $-269,286 $-350,407
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-21,650,663 $-26,295,727 $-26,387,336 $-11,690,098
Net Interest Income $-1,075,232 $-809,581 $-289,324 $-339,171
Normalized Income $-21,401,831 $-26,344,404 $-26,387,336 $-9,670,359
Net Income From Continuing And Discontinued Operation $-21,650,663 $-26,295,727 $-26,387,336 $-11,690,098
Total Operating Income As Reported $-18,695,408 $-26,644,682 $-26,444,040 $-9,724,606
Net Income Common Stockholders $-21,650,663 $-26,295,727 $-26,387,336 $-11,690,098
Net Income $-21,650,663 $-26,295,727 $-26,387,336 $-11,690,098
Net Income Including Noncontrolling Interests $-21,650,663 $-26,295,727 $-26,387,336 $-11,690,098
Net Income Continuous Operations $-21,650,663 $-26,295,727 $-26,387,336 $-11,690,098
Pretax Income $-21,650,663 $-26,295,727 $-26,387,336 $-11,690,098
Special Income Charges $-248,832 $48,677 $0 $-2,019,739
Operating Income $-18,418,248 $-26,644,682 $-26,444,040 $-9,724,606
Depreciation Amortization Depletion Income Statement $379,176 $342,403 $155,238 $38,383
Depreciation And Amortization In Income Statement $379,176 $342,403 $155,238 $38,383
Gross Profit $574,883 $509,659 $182,151 $177,622
Depreciation Income Statement - - - $29,515
Per Share
Diluted EPS $-22.36 $-64.76 $-74.55 $-64.80
Basic EPS $-22.36 $-64.76 $-74.55 $-64.80
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-19,309,562 $-24,918,411 $-25,718,214 $-9,261,259
Total Unusual Items $-248,832 $48,677 $0 $-2,019,739
Total Unusual Items Excluding Goodwill $-248,832 $48,677 $0 $-2,019,739
Reconciled Depreciation $1,017,037 $866,412 $379,798 $69,929
EBITDA (Bullshit earnings) $-19,558,394 $-24,869,734 $-25,718,214 $-11,280,998
EBIT $-20,575,431 $-25,736,146 $-26,098,012 $-11,350,927
Diluted Average Shares $968,234 $406,058 $353,937 $180,272
Basic Average Shares $968,234 $406,058 $353,937 $180,272
Diluted NI Availto Com Stockholders $-21,650,663 $-26,295,727 $-26,387,336 $-11,690,098
Tax Provision $0 $0 $0 $0
Gain On Sale Of Business $28,328 $0 $0 -
Write Off $47,449 $0 $0 $0
Restructuring And Mergern Acquisition $229,711 $0 $0 $2,019,739
Research And Development $5,839,033 $9,590,393 $5,019,366 $481,934
Selling General And Administration $12,774,922 $17,221,545 $21,451,587 $9,381,911
Other Gand A $3,891,563 $5,580,524 $3,820,717 $1,254,478
Insurance And Claims $536,546 $817,181 $920,121 $170,464
Salaries And Wages $3,651,528 $7,020,489 $11,692,021 $7,330,603
Other Special Charges - $-48,677 - -
Fetched: 2026-03-10
Balance Sheet (Annual)
Metric 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Net Tangible Assets $3,029,081 $-145,419 $14,096,067 $6,361,155
Total Assets $13,238,167 $15,409,028 $20,241,003 $10,040,795
Total Non Current Assets $5,394,137 $6,429,132 $1,862,662 $431,586
Goodwill And Other Intangible Assets $3,017,462 $3,394,645 $0 $0
Current Assets $7,844,030 $8,979,896 $18,378,341 $9,609,209
Prepaid Assets $1,021,745 $940,715 $801,959 $769,825
Inventory $372,870 $613,638 $175,469 $0
Receivables $213,745 $354,510 $259,138 $111,842
Taxes Receivable $162,930 $260,955 $192,154 $94,085
Accounts Receivable $33,577 $93,555 $63,736 $17,199
Allowance For Doubtful Accounts Receivable $0 $-28,180 $-66,852 $-796
Gross Accounts Receivable $33,577 $121,735 $130,588 $17,995
Cash Cash Equivalents And Short Term Investments $6,235,670 $7,070,925 $17,141,775 $8,727,542
Cash And Cash Equivalents $6,235,670 $7,070,925 $17,141,775 $8,727,542
Cash Financial $6,235,670 $7,070,925 $17,141,775 $8,727,542
Other Non Current Assets - $108 $23,275 -
Other Current Assets - $108 - -
Other Receivables - - $3,248 $558
Debt
Total Debt $3,271,381 $7,420,780 $3,228,257 $2,576,394
Long Term Debt And Capital Lease Obligation $865,982 $2,195,889 $1,902,330 $2,327,885
Current Debt And Capital Lease Obligation $2,405,399 $5,224,891 $1,325,927 $248,509
Current Debt $2,125,254 $4,936,428 $1,040,573 $193,433
Other Current Borrowings $2,125,254 $4,936,428 $1,040,573 $193,433
Long Term Debt - $1,030,166 $943,214 $1,940,119
Liabilities
Total Liabilities Net Minority Interest $7,191,624 $12,159,802 $6,144,936 $3,679,640
Total Non Current Liabilities Net Minority Interest $1,242,078 $2,922,866 $1,902,330 $2,327,885
Other Non Current Liabilities $376,096 $726,977 - -
Current Liabilities $5,949,546 $9,236,936 $4,242,606 $1,351,755
Other Current Liabilities $690,575 $388,839 - -
Current Deferred Liabilities $0 $138,889 $199,410 -
Payables And Accrued Expenses $2,853,572 $3,484,317 $2,717,269 $1,103,246
Payables $1,812,701 $2,626,375 $1,333,044 $835,735
Accounts Payable $1,254,187 $2,326,439 $1,333,044 $832,518
Total Tax Payable - - $0 $3,217
Derivative Product Liabilities - - - $1,940,119
Other Payable - - - $233,710
Equity
Common Stock Equity $6,046,543 $3,249,226 $14,096,067 $6,361,155
Total Equity Gross Minority Interest $6,046,543 $3,249,226 $14,096,067 $6,361,155
Stockholders Equity $6,046,543 $3,249,226 $14,096,067 $6,361,155
Gains Losses Not Affecting Retained Earnings $27,038,075 $20,833,903 $18,131,923 $9,738,545
Other Equity Adjustments $27,038,075 $20,833,903 $18,131,923 $9,738,545
Retained Earnings $-90,978,684 $-69,328,021 $-43,032,294 $-16,644,958
Other
Ordinary Shares Number $2,319,353 $529,137 $365,736 $300,250
Share Issued $2,319,353 $529,137 $365,736 $300,250
Tangible Book Value $3,029,081 $-145,419 $14,096,067 $6,361,155
Invested Capital $8,171,797 $9,215,820 $16,079,854 $8,494,707
Working Capital $1,894,484 $-257,040 $14,135,735 $8,257,454
Capital Lease Obligations $1,146,127 $1,454,186 $1,244,470 $442,842
Total Capitalization $6,046,543 $4,279,392 $15,039,281 $8,301,274
Additional Paid In Capital $69,065,027 $51,507,526 $38,831,542 $13,126,493
Capital Stock $922,125 $235,818 $164,896 $141,075
Common Stock $922,125 $235,818 $164,896 $141,075
Long Term Capital Lease Obligation $865,982 $1,165,723 $959,116 $387,766
Current Deferred Revenue $0 $138,889 $199,410 -
Current Capital Lease Obligation $280,145 $288,463 $285,354 $55,076
Current Accrued Expenses $1,040,871 $857,942 $1,384,225 $267,511
Dueto Related Parties Current $558,514 $299,936 - -
Net PPE $2,376,675 $3,034,487 $1,839,387 $431,586
Accumulated Depreciation $-1,345,689 $-895,097 $-472,535 $-218,775
Gross PPE $3,722,364 $3,929,584 $2,311,922 $650,361
Construction In Progress $0 $59,929 $0 -
Other Properties $1,505,887 $1,588,794 $942,141 $100,767
Machinery Furniture Equipment $612,376 $616,224 $334,581 $60,451
Buildings And Improvements $1,604,101 $1,664,637 $1,035,200 $489,143
Properties $0 $0 $0 $0
Inventories Adjustments Allowances $-25,059 $-56,833 $0 -
Finished Goods $84,253 $240,467 $0 -
Raw Materials $313,676 $430,004 $175,469 -
Duefrom Related Parties Current $17,238 $0 - -
Leases - - - $489,143
Fetched: 2026-03-10
Cash Flow Statement (Annual)
Metric 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Free Cash Flow
Free Cash Flow $-17,344,960 $-23,837,686 $-15,428,073 $-3,237,029
Operating Activities
Operating Cash Flow $-17,090,011 $-21,938,845 $-14,769,590 $-3,220,324
Cash Flow From Continuing Operating Activities $-17,090,011 $-21,938,845 $-14,769,590 $-3,220,324
Operating Gains Losses $-75,147 $-48,677 - -
Investing Activities
Capital Expenditure $-254,949 $-1,898,841 $-658,483 $-16,705
Investing Cash Flow $-198,817 $-1,898,841 $-658,483 $1,203,151
Cash Flow From Continuing Investing Activities $-198,817 $-1,898,841 $-658,483 $1,203,151
Financing Activities
Issuance Of Capital Stock $13,764,717 $6,392,751 $23,865,889 $10,425,160
Financing Cash Flow $16,599,629 $14,226,692 $23,943,418 $10,610,534
Cash Flow From Continuing Financing Activities $16,599,629 $14,226,692 $23,943,418 $10,610,534
Net Common Stock Issuance $13,764,717 $6,392,751 $23,865,889 $10,425,160
Common Stock Issuance $13,764,717 $6,392,751 $23,865,889 $10,425,160
Other
Repayment Of Debt $-1,475,088 $-2,286,059 $-304,971 $-61,240
Issuance Of Debt $4,310,000 $10,120,000 $0 $246,614
Interest Paid Supplemental Data $198,061 $153,580 $125,543 $46,240
Income Tax Paid Supplemental Data $0 $0 $0 -
End Cash Position $6,235,670 $7,070,925 $17,141,775 $8,727,542
Beginning Cash Position $7,070,925 $17,141,775 $8,727,542 $122,568
Effect Of Exchange Rate Changes $-146,056 $-459,856 $-101,112 $11,613
Changes In Cash $-689,199 $-9,610,994 $8,515,345 $8,593,361
Proceeds From Stock Option Exercised $0 $0 $382,500 $0
Net Issuance Payments Of Debt $2,834,912 $7,833,941 $-304,971 $185,374
Net Short Term Debt Issuance $3,130,167 $9,020,000 $0 $7,673
Short Term Debt Payments $-1,179,833 $-1,100,000 $0 $0
Short Term Debt Issuance $4,310,000 $10,120,000 $0 $7,673
Net Long Term Debt Issuance $-295,255 $-1,186,059 $-304,971 $177,701
Long Term Debt Payments $-295,255 $-1,186,059 $-304,971 $-61,240
Net Business Purchase And Sale $32,785 $0 $0 $1,219,856
Sale Of Business $32,785 $0 $0 $1,219,856
Net Intangibles Purchase And Sale $-150,000 $-700,000 $0 -
Purchase Of Intangibles $-150,000 $-700,000 $0 -
Net PPE Purchase And Sale $-81,602 $-1,198,841 $-658,483 $-16,705
Sale Of PPE $23,347 $0 $0 -
Purchase Of PPE $-104,949 $-1,198,841 $-658,483 $-16,705
Change In Working Capital $51,746 $-64,630 $1,387,006 $-138,616
Change In Other Working Capital $-135,724 $-60,521 $173,902 $11,080
Change In Payables And Accrued Expense $84,610 $720,237 $1,650,500 $659,645
Change In Prepaid Assets $8,771 $-239,703 $-53,788 $-833,556
Change In Inventory $29,811 $-500,187 $-172,377 $0
Change In Receivables $64,278 $15,544 $-211,231 $24,215
Other Non Cash Items $156,717 $168,109 $-38,604 $2,108,303
Stock Based Compensation $1,136,430 $4,005,629 $9,824,157 $6,430,158
Unrealized Gain Loss On Investment Securities $2,052,000 $-661,000 $0 $0
Asset Impairment Charge $221,869 $91,039 $65,389 $0
Depreciation Amortization Depletion $1,017,037 $866,412 $379,798 $69,929
Depreciation And Amortization $1,017,037 $866,412 $379,798 $69,929
Gain Loss On Sale Of PPE $-46,818 $0 $0 -
Gain Loss On Sale Of Business $-28,329 $0 $0 -
Net Income From Continuing Operations $-21,650,663 $-26,295,727 $-26,387,336 $-11,690,098
Long Term Debt Issuance - $0 $0 $238,941
Changes In Account Receivables - - - $24,215
Fetched: 2026-03-10