Mymetics Financials

No, Mymetics (MYMX) reported a net income of -$4.7M in fiscal year 2021.

As of fiscal year 2021, Mymetics (MYMX) had $571K in cash and equivalents against $162K in long-term debt.

Mymetics (MYMX) generated -$1.7M in free cash flow during fiscal year 2021. This represents a 0.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Mymetics (MYMX) generated -$1.7M in operating cash flow during fiscal year 2021, representing cash generated from core business activities.

Mymetics (MYMX) had $7.6M in total assets as of fiscal year 2021, including both current and long-term assets.

Mymetics (MYMX) invested $10K in capital expenditures during fiscal year 2021, funding long-term assets and infrastructure.

Mymetics (MYMX) had 304M shares outstanding as of fiscal year 2021.

Mymetics (MYMX) had a current ratio of 0.01 as of fiscal year 2021, which is below 1.0, which may suggest potential liquidity concerns.

Mymetics (MYMX) had a debt-to-equity ratio of -2.70 as of fiscal year 2021, measuring the company's financial leverage by comparing total debt to shareholder equity.

Mymetics (MYMX) had a return on assets of -62.0% for fiscal year 2021, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2021 data, Mymetics (MYMX) had $571K in cash against an annual operating cash burn of $1.7M. This gives an estimated cash runway of approximately 4 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Mymetics (MYMX) has negative shareholder equity of -$60K as of fiscal year 2021, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

Mymetics (MYMX) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Mymetics (MYMX) has an earnings quality ratio of 0.36x, considered low quality (accrual-driven). 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.