Merlin, Inc. MRLN

Technology SIC 7373 - Services-Computer Integrated Systems Design Nasdaq

Cayman Islands exempted corporation on June 24, 2024. The Company was incorporated for the purpose of effecting a merger, amalgamation,

share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

Inflection Point has neither engaged in any operations nor generated any operating revenues to date.

LLC (the "Sponsor") made a capital contribution of $25,000, or approximately $0.004 per share, to cover certain

Last close 3.35 2026-09-04
Market cap $338.6M 2026-06-30 share count
52-week range 2.71 - 17.00

Valuation FY2025 figures against the last close

P/S
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS

Annual financial statements

Income statement

Fiscal year FY2025FY2024
SG&A $3.9M
Operating income -$3.9M
Net income $6.0M

Balance sheet

Fiscal year FY2025FY2024
Cash and equivalents $703.6K$2.1M
Total current assets $913.6K$2.3M
Total assets $263.1M$254.2M
Total current liabilities $3.3M$1.1M
Total liabilities $12.1M$9.8M
Retained earnings -$11.2M-$7.4M
Total equity -$11.2M-$7.4M

Cash flow

Fiscal year FY2025FY2024
Operating cash flow -$1.3M
Stock-based compensation $670.0K
Financing cash flow -$75.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-052553.

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