Maravai LifeSciences Holdings, Inc. logo MRVI - Maravai LifeSciences Holdings, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 7
HOLD 6
SELL 1
STRONG
SELL
0
| PRICE TARGET: $5.25 DETAILS
HIGH: $6.00
LOW: $4.50
MEDIAN: $5.25
CONSENSUS: $5.25
UPSIDE: 19.32%
Metric 2025 2024 2023 2022 2021 2020 2019 2018
Revenue
Revenue 185.7 259.2 288.9 883.0 799.2 284.1 143.1 123.8
Cost of Revenue 152.4 150.9 148.7 169.0 140.6 79.6 66.8 60.8
Gross Profit 33.4 108.3 140.2 714.0 658.7 204.4 76.3 63.1
Operating Expenses
R&D Expenses 23.3 19.2 17.3 18.4 15.2 9.3 3.6 4.5
SG&A Expenses 171.5 161.8 151.4 129.3 100.1 94.2 48.4 41.2
Other Expenses (154.7) 162.9 3.2 (7.8) (11.2) (19.0) 0.3 0.1
Operating Expenses 40.1 343.9 171.8 139.8 104.0 84.5 52.3 45.7
Operating Income
Operating Income (6.7) (235.6) (31.6) 574.2 554.6 119.9 24.0 16.4
Interest Expense 27.0 47.7 45.9 20.4 30.3 30.7 30.0 27.4
Interest Income 23.9 27.4 27.7 2.3 0 0 0 0
Profitability
EBITDA (147.1) (156.9) 712.4 610.0 585.8 138.3 48.2 33.2
EBIT (208.0) (213.8) 663.6 571.9 561.0 112.4 24.1 10.9
Income Before Tax (235.0) (261.5) 617.7 551.5 530.8 81.7 (5.9) (16.5)
Income Tax Expense (4.2) (1.9) 756.1 60.8 61.5 2.9 (0.7) 0.4
Net Income (130.8) (144.8) (119.0) 220.2 182.0 76.9 (8.5) (17.7)
Per Share Data
EPS (Basic) -0.91 -1.05 -0.90 1.67 1.59 7.43 -0.05 -0.20
EPS (Diluted) -0.91 -1.05 -0.90 1.67 1.56 2.36 -0.05 -0.20
Shares Outstanding 145.1 137.9 131.9 131.5 114.8 96.6 96.6 89.0
Metric 2025 2024 2023 2022 2021 2020 2019 2018
Current Assets
Cash & Cash Equivalents 216.9 322.4 575.0 632.1 551.3 236.2 24.7 21.9
Short-Term Investments 0 0 0 0 0 0 0 0
Net Receivables 25.5 38.5 55.7 146.8 117.5 51.0 18.0 16.0
Inventory 40.5 50.1 51.4 43.2 51.6 33.3 14.2 14.3
Other Current Assets 13.4 18.1 17.8 25.8 0 0 0.8 0
Total Current Assets 296.3 429.1 699.9 847.9 740.0 331.6 60.6 53.8
Non-Current Assets
Property, Plant & Equipment 1.2 217.0 222.6 116.6 95.4 101.3 94.3 42.6
Goodwill 129.4 159.9 326.0 283.7 152.8 224.3 224.3 224.3
Intangible Assets 151.5 195.0 221.0 216.7 117.6 177.7 197.9 218.1
Long-Term Investments 0 0 8.6 11.4 0 0 0 0
Other Non-Current Assets 192.1 7.2 9.3 40.3 4.4 4.2 0.8 0.9
Total Non-Current Assets 474.3 579.1 787.5 1,434.4 1,178.2 939.1 517.2 485.9
Total Assets 770.6 1,008.2 1,487.5 2,282.3 1,918.3 1,270.7 577.8 539.7
Current Liabilities
Account Payables 0 12.0 10.7 6.0 8.2 3.0 7.5 3.6
Short-Term Debt 5.4 5.4 5.4 5.4 6 6 2.5 2.5
Deferred Revenue 0 3.3 3.4 3.1 12.6 78.1 0.8 1.1
Other Current Liabilities 39.5 0 47.6 69.5 18.9 4.2 11.1 22.2
Total Current Liabilities 44.9 57.0 87.5 110.1 93.8 130.8 29.6 35.9
Non-Current Liabilities
Long-Term Debt 30.1 290.5 518.7 522.0 524.6 528.6 334.8 335.6
Deferred Tax Liabilities 0 0 0 0 0 8.6 14.7 15.9
Other Non-Current Liabilities 322.8 11.1 12.0 693.4 713.6 391.8 1.2 2.5
Total Non-Current Liabilities 352.9 374.1 610.1 1,266.9 1,279.1 985.2 403.6 355.7
Total Liabilities 397.9 431.0 697.6 1,377.1 1,372.9 1,115.9 433.2 391.7
Stockholders' Equity
Common Stock 2.6 2.5 2.5 2.6 2.6 2.6 183.9 182.8
Retained Earnings 10.1 140.9 285.7 404.8 184.6 0.9 (42.4) (38.2)
Accumulated Other Comprehensive Income 0.5 0 0 0 0 (0.0) (0.1) (0.2)
Total Stockholders' Equity 212.4 325.3 416.8 545.2 315.5 88.5 141.4 144.4
Total Liabilities & Equity 770.6 1,008.2 1,487.5 2,282.3 1,918.3 1,270.7 577.8 539.7
Debt Metrics
Total Debt 35.6 376.7 611.0 585.3 575.2 590.8 390.2 339.9
Net Debt (181.3) 54.3 36.0 (46.9) 23.9 354.6 365.5 318.0
Metric 2025 2024 2023 2022 2021 2020 2019 2018
Operating Activities
Net Income (130.8) (259.6) (119.0) 490.7 469.2 78.8 (5.2) (16.9)
Depreciation & Amortization 60.5 56.9 48.8 38.1 24.8 25.8 24.1 22.3
Stock-Based Compensation 0 49.4 34.6 18.7 10.5 24.6 1.7 2.1
Change in Working Capital (8.0) (12.6) 97.8 (45.1) (176.6) 35.9 2.3 (15.8)
Other Non-Cash Items 20.7 171.1 (690.9) (8.7) (6.2) (7.5) 2.4 7.8
Operating Cash Flow (57.6) 7.5 126.2 536.0 368.6 152.2 24.1 (0.2)
Investing Activities
Capital Expenditure (13.1) (29.7) (65.6) (17.1) (14.8) (25.4) (17.1) (3.6)
Acquisitions (18.3) 0 (69.6) (238.3) 120.0 (3.0) 0 0.2
Purchases of Investments 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0
Other Investing Activities 0 5.3 12.9 (12.2) 0.5 34.5 0 0.2
Investing Cash Flow (31.4) (24.3) (122.3) (267.6) 105.7 6.1 (17.1) (3.5)
Financing Activities
Net Debt Issuance (5.4) (234.1) (5.8) (5.4) (6) 196.9 (2.6) 55.4
Stock Repurchased 0 (2.1) (0.0) 0 0 (1,458.0) (0.2) (0.0)
Dividends Paid 0 0 0 0 0 0 0 (52.1)
Other Financing Activities (11.1) 0.4 (55.3) (184.4) (154.8) (100.9) (1.3) (12.5)
Financing Cash Flow (16.5) (235.7) (61.1) (187.5) (159.0) 53.2 (4.2) (9.2)
Cash Position
Net Change in Cash (105.5) (252.6) (57.2) 80.9 315.1 211.5 2.8 (12.9)
Cash at Beginning 322.4 575.0 632.1 551.3 236.2 24.7 21.9 34.7
Cash at End 216.9 322.4 575.0 632.1 551.3 236.2 24.7 21.9
Free Cash Flow (70.7) (22.2) 60.7 518.9 353.7 126.8 7.0 (3.8)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018
Income Statement
Revenue 185.7 259.2 288.9 883.0 799.2 284.1 143.1 123.8
Gross Profit 33.4 108.3 140.2 714.0 658.7 204.4 76.3 63.1
Operating Income (6.7) (235.6) (31.6) 574.2 554.6 119.9 24.0 16.4
Net Income (130.8) (144.8) (119.0) 220.2 182.0 76.9 (8.5) (17.7)
EPS (Diluted) -0.91 -1.05 -0.90 1.67 1.56 2.36 -0.05 -0.20
Balance Sheet
Cash & Equivalents 216.9 322.4 575.0 632.1 551.3 236.2 24.7 21.9
Total Assets 770.6 1,008.2 1,487.5 2,282.3 1,918.3 1,270.7 577.8 539.7
Total Debt 35.6 376.7 611.0 585.3 575.2 590.8 390.2 339.9
Stockholders' Equity 212.4 325.3 416.8 545.2 315.5 88.5 141.4 144.4
Cash Flow
Operating Cash Flow (57.6) 7.5 126.2 536.0 368.6 152.2 24.1 (0.2)
Capital Expenditure (13.1) (29.7) (65.6) (17.1) (14.8) (25.4) (17.1) (3.6)
Free Cash Flow (70.7) (22.2) 60.7 518.9 353.7 126.8 7.0 (3.8)