Murano Global Investments PLC (MRNO) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2024, filed May 15, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MRNO SEC filings page.
Murano Global Investments PLC (MRNO) reported $35.0M in revenue for fiscal year 2024, up 106.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (20-F and 6-K reports).
Financial Health Signals
Scored against operating companies for FY2024. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Murano Global Investments PLC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Murano Global Investments PLC's revenue surged 106.3% year-over-year to $35.0M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Murano Global Investments PLC has a moderate D/E ratio of 1.48. This balance of debt and equity financing earns a leverage score of 37/100.
Murano Global Investments PLC's current ratio of 0.34 is below the typical benchmark, resulting in a score of 2/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Not available for Murano Global Investments PLC, so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
Murano Global Investments PLC posts a -68.5% return on equity (ROE), meaning it loses $69 for every $100 of shareholders' equity. This results in a returns score of 18/100. This is down from 0.7% the prior year.
Murano Global Investments PLC passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
Murano Global Investments PLC reported a net loss of $171.1M while operations used $4.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Murano Global Investments PLC generated $35.0M in revenue in fiscal year 2024. This represents an increase of 106.3% from the prior year.
Murano Global Investments PLC reported a net loss of $171.1M in fiscal year 2024. This represents a decrease of 5102.7% from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Cash & Balance Sheet
Murano Global Investments PLC held $46.5M in cash against $368.9M in long-term debt as of fiscal year 2024.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Margins & Returns
Murano Global Investments PLC's ROE was -68.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 69.3 percentage points from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Not shown for fiscal year 2024: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
None of these metrics is reported for fiscal year 2024.
MRNO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, EPS (Basic), EPS (Diluted).
MRNO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|
| Total Assets | $1.0B-9.0% | $1.2B+19.5% | $964.4M | N/A |
| Current Assets | $71.6M+102.5% | $35.3M+32.6% | $26.7M | N/A |
| Cash & Equivalents | $46.5M+437.2% | $8.7M-29.9% | $12.3M+38.1% | $8.9M |
| Inventory | $550K+556.2% | $84K-14.6% | $98K | N/A |
| Total Liabilities | $799.1M+16.0% | $688.7M+29.1% | $533.6M | N/A |
| Current Liabilities | $209.3M+34.6% | $155.5M-25.5% | $208.7M | N/A |
| Non-Current Liabilities | $589.8M+10.6% | $533.2M+64.1% | $324.9M | N/A |
| Long-Term Debt | $368.9M+34.2% | $274.8M+203.1% | $90.7M | N/A |
| Total Equity | $249.6M-46.1% | $463.6M+7.6% | $430.8M+108.0% | $207.1M |
| Retained Earnings | -$228.7Mn/m | -$69.9Mn/m | -$63.5M | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments, Goodwill.
MRNO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
MRNO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|
| Net Margin | -488.8% | 20.2% | 3800.0% | -6900.2% |
| Return on Equity | -68.5%-69.3pp | 0.7%-2.2pp | 2.9%+5.4pp | -2.5% |
| Return on Assets | -16.3%-16.6pp | 0.3%-1.0pp | 1.3% | N/A |
| Current Ratio | 0.34+0.1x | 0.23+0.1x | 0.13 | N/A |
| Debt-to-Equity | 1.48+0.9x | 0.59+0.4x | 0.21 | N/A |
| Liabilities-to-Equity | 3.20+1.7x | 1.49+0.2x | 1.24 | N/A |
| Asset Turnover | 0.030.0x | 0.010.0x | 0.00 | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Note: The current ratio is below 1.0 (0.34), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Murano Global Investments PLC MRNO | FY2024 | $35.0M | -$171.1M | N/A | $16.5M | 47/100 |
| Alset Inc. AEI | FY2025 | $4.5M | -$47.4M | N/A | $19.8M | 43/100 |
| Lead Real Estate Co., Ltd LRE | FY2025 | $130.7M | $5.9M | 4.5% | $14.5M | 42/100 |
| RenX Enterprises Corp. RENX | FY2025 | $8.2M | -$16.0M | N/A | $3.6M | 44/100 |
| Linkhome Holdings Inc. LHAI | FY2025 | $21.0M | $75K | 0.4% | $15.2M | 75/100 |
| American Strategic Investment Co. NYC | FY2025 | $43.3M | -$21.2M | -49.0% | $18.9M | 7/100 |
Where Murano Global Investments PLC Ranks
Frequently Asked Questions
Murano Global Investments PLC (MRNO) reported $35.0M in total revenue for fiscal year 2024. This represents a 106.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Murano Global Investments PLC (MRNO) revenue grew by 106.3% year-over-year, from $17.0M to $35.0M in fiscal year 2024.
No, Murano Global Investments PLC (MRNO) reported a net loss of $171.1M in fiscal year 2024.
As of fiscal year 2024, Murano Global Investments PLC (MRNO) had $46.5M in cash and equivalents against $368.9M in long-term debt.
Murano Global Investments PLC (MRNO) has a return on equity of -68.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
Murano Global Investments PLC (MRNO) recorded an outflow of $4.5M in operating cash flow during fiscal year 2024, representing cash used by core business activities.
Murano Global Investments PLC (MRNO) had $1.0B in total assets as of fiscal year 2024, including both current and long-term assets.
Murano Global Investments PLC (MRNO) had a current ratio of 0.34 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
Murano Global Investments PLC (MRNO) had a debt-to-equity ratio of 1.48 as of fiscal year 2024. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Murano Global Investments PLC (MRNO) had a liabilities-to-equity ratio of 3.20 as of fiscal year 2024, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Murano Global Investments PLC (MRNO) had a return on assets of -16.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Murano Global Investments PLC (MRNO) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2024). The market capitalization is $16.5M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Murano Global Investments PLC (MRNO) trades at 0.5x sales, its market capitalization divided by $35.0M revenue, FY2024. The market capitalization is $16.5M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Murano Global Investments PLC (MRNO) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Murano Global Investments PLC (MRNO) reported a net loss of $171.1M while operations used $4.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Murano Global Investments PLC (MRNO) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Murano Global Investments PLC it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.