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Mainz Biomed B.V. (MYNZ) 10-Year Financial Performance & Capital Metrics

MYNZ • • Industrial / General
HealthcareDiagnostics & ResearchCancer Diagnostics & Oncology TestingCancer Genomic Profiling
AboutMainz Biomed B.V., a molecular genetics cancer diagnostic company, develops in-vitro diagnostic (IVD) and research use only tests for clinical diagnostics in human genetics. It offers ColoAlert, a colorectal cancer screening test; PancAlert, a product candidate for a pancreatic cancer screening test; GenoStrip to detect pathogens in environments on a molecular genetic basis; and research-use-only and IVD tests. The company was founded in 2008 and is based in Mainz, Germany.Show more
  • Revenue $894K -0.2%
  • EBITDA -$18M +31.0%
  • Net Income -$22M +17.7%
  • EPS (Diluted) -22.36 -1280.2%
  • Gross Margin 64.31% +13.0%
  • EBITDA Margin -1977.47% +30.9%
  • Operating Margin -2091.23% +29.7%
  • Net Margin -2421.8% +17.5%
  • ROE -465.82% -53.6%
  • ROIC -419.72% +60.3%
  • Debt/Equity 0.54 -76.3%
  • Interest Coverage -17.39 +47.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 26.0%
  • ✓Share count reduced 94.0% through buybacks
  • ✓Trading at only 0.2x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 13 (bottom 13%)
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y26.01%
3Y15.69%
TTM45.31%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-5.2%

EPS CAGR

10Y-
5Y-
3Y-
TTM-1156.11%

ROCE

10Y Avg-331.67%
5Y Avg-326.05%
3Y Avg-244.12%
Latest-277.78%

Peer Comparison

Cancer Genomic Profiling
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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Momentum & Returns
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
CSTLCastle Biosciences, Inc.1.19B40.7565.7351.09%-3.56%-2.62%3.07%0.06
MYNZMainz Biomed B.V.10.78M1.19-0.05-0.17%-24.92%-6.63%0.54
BNRBurning Rock Biotech Limited301.02M33.32-0.99-4.02%-22.48%-22.06%0.09
MDXHMDxHealth S.A.190.56M3.71-3.2028.29%-40.43%-345.31%4.05
PSNLPersonalis, Inc.853.41M9.61-7.0115.15%-106.92%-43.1%0.22
EXASExact Sciences Corporation19.44B102.34-18.3110.37%-32.01%-39.44%0.38%1.15

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+281.39K493.56K577.35K529.88K895.48K893.99K
Revenue Growth %-0.75%0.17%-0.08%0.69%-0%
Cost of Goods Sold+342.66K370.48K399.73K347.73K385.82K319.11K
COGS % of Revenue1.22%0.75%0.69%0.66%0.43%0.36%
Gross Profit+-61.27K123.08K177.62K182.15K509.66K574.88K
Gross Margin %-0.22%0.25%0.31%0.34%0.57%0.64%
Gross Profit Growth %-3.01%0.44%0.03%1.8%0.13%
Operating Expenses+690.21K796.8K9.56M26.36M27.15M19.27M
OpEx % of Revenue2.45%1.61%16.55%49.74%30.32%21.56%
Selling, General & Admin570.25K458.37K9.41M22.81M17.22M12.77M
SG&A % of Revenue2.03%0.93%16.3%43.05%19.23%14.29%
Research & Development250.32K311.85K466.69K3.66M9.59M5.84M
R&D % of Revenue0.89%0.63%0.81%6.91%10.71%6.53%
Other Operating Expenses-130.35K26.57K-320.89K-114.05K342.4K656.34K
Operating Income+-921.91K-766.09K-9.72M-26.44M-26.64M-18.7M
Operating Margin %-3.28%-1.55%-16.84%-49.91%-29.75%-20.91%
Operating Income Growth %-0.17%-11.69%-1.72%-0.01%0.3%
EBITDA+-868.87K-613.25K-9.65M-25.98M-25.61M-17.68M
EBITDA Margin %-3.09%-1.24%-16.72%-49.04%-28.6%-19.77%
EBITDA Growth %-0.29%-14.74%-1.69%0.01%0.31%
D&A (Non-Cash Add-back)53.04K152.84K69.93K459.43K1.03M1.02M
EBIT-755.12K-410.48K-11.35M-26.1M-26.05M-20.58M
Net Interest Income+-201.94K-268.79K-339.17K-289.32K-809.58K-1.08M
Interest Income000000
Interest Expense201.94K268.79K339.17K289.32K809.58K1.08M
Other Income/Expense-35.15K86.82K-1.97M56.7K348.95K-2.96M
Pretax Income+-957.05K-586.89K-11.7M-26.39M-26.3M-21.65M
Pretax Margin %-3.4%-1.19%-20.26%-49.8%-29.36%-24.22%
Income Tax+00377.12K000
Effective Tax Rate %1%1%1%1%1%1%
Net Income+-957.05K-586.89K-11.69M-26.45M-26.3M-21.65M
Net Margin %-3.4%-1.19%-20.25%-49.92%-29.36%-24.22%
Net Income Growth %-0.39%-18.92%-1.26%0.01%0.18%
Net Income (Continuing)-957.05K-586.89K-11.69M-26.39M-26.3M-21.65M
Discontinued Operations000000
Minority Interest000000
EPS (Diluted)+-0.10-0.05-1.67-1.87-1.62-22.36
EPS Growth %-0.5%-32.33%-0.12%0.13%-12.8%
EPS (Basic)-0.10-0.05-1.67-1.87-1.62-22.36
Diluted Shares Outstanding11.71M5.61M7.21M14.16M16.24M968.23K
Basic Shares Outstanding11.71M5.61M7.21M14.16M16.24M968.23K
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+260.01K186.4K9.61M18.38M8.98M7.84M
Cash & Short-Term Investments203.59K122.57K8.73M17.14M7.07M6.24M
Cash Only203.59K122.57K8.73M17.14M7.07M6.24M
Short-Term Investments000000
Accounts Receivable40.8K44.24K17.76K259.14K354.51K213.75K
Days Sales Outstanding52.9232.7211.23178.5144.587.27
Inventory000175.47K613.64K372.87K
Days Inventory Outstanding---184.19580.52426.49
Other Current Assets0000135.06K127.29K
Total Non-Current Assets+455.95K486.87K431.59K1.86M6.43M5.39M
Property, Plant & Equipment455.95K486.87K431.59K1.84M3.03M2.38M
Fixed Asset Turnover0.62x1.01x1.34x0.29x0.30x0.38x
Goodwill000000
Intangible Assets00003.39M3.02M
Long-Term Investments000000
Other Non-Current Assets00023.27K1080
Total Assets+715.96K673.27K10.04M20.24M15.41M13.24M
Asset Turnover0.39x0.73x0.06x0.03x0.06x0.07x
Asset Growth %--0.06%13.91%1.02%-0.24%-0.14%
Total Current Liabilities+459.71K701.95K1.35M4.24M9.24M5.95M
Accounts Payable200.06K195.41K832.52K1.33M2.33M1.25M
Days Payables Outstanding213.1192.52760.191.4K2.2K1.43K
Short-Term Debt173.66K219.02K193.43K1.04M4.94M2.13M
Deferred Revenue (Current)2.5K1.51K0199.41K138.89K0
Other Current Liabilities098.16K-3.22K0388.84K690.58K
Current Ratio0.57x0.27x7.11x4.33x0.97x1.32x
Quick Ratio0.57x0.27x7.11x4.29x0.91x1.26x
Cash Conversion Cycle----1.04K-1.48K-920.79
Total Non-Current Liabilities+2.21M2.71M2.33M1.9M2.92M1.24M
Long-Term Debt1.79M2.27M1.94M943.21K1.03M0
Capital Lease Obligations418.14K447.44K387.77K959.12K1.17M865.98K
Deferred Tax Liabilities000000
Other Non-Current Liabilities0000726.98K376.1K
Total Liabilities2.67M3.41M3.68M6.14M12.16M7.19M
Total Debt+2.41M2.98M2.58M3.23M7.42M3.27M
Net Debt2.21M2.86M-6.15M-13.91M349.86K-2.96M
Debt / Equity--0.41x0.23x2.28x0.54x
Debt / EBITDA------
Net Debt / EBITDA------
Interest Coverage-4.57x-2.85x-28.67x-91.40x-32.91x-17.39x
Total Equity+-1.95M-2.74M6.36M14.1M3.25M6.05M
Equity Growth %--0.41%3.32%1.22%-0.77%0.86%
Book Value per Share-0.17-0.490.881.000.206.24
Total Shareholders' Equity-1.95M-2.74M6.36M14.1M3.25M6.05M
Common Stock106.11K64.27K141.07K164.9K235.82K922.13K
Retained Earnings-4.37M-4.95M-16.64M-43.03M-69.33M-90.98M
Treasury Stock000000
Accumulated OCI2.31M2.11M9.74M18.13M20.83M27.04M
Minority Interest000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-416.5K-468.74K-3.22M-14.77M-21.94M-17.09M
Operating CF Margin %-1.48%-0.95%-5.58%-27.87%-24.5%-19.12%
Operating CF Growth %--0.13%-5.87%-3.59%-0.49%0.22%
Net Income-957.05K-586.89K-11.69M-26.39M-26.3M-21.65M
Depreciation & Amortization53.04K60.46K69.93K379.8K866.41K1.02M
Stock-Based Compensation006.43M9.82M4.01M1.14M
Deferred Taxes000000
Other Non-Cash Items64.48K1072.11M1.85M-450.53K2.36M
Working Capital Changes423.04K57.59K-138.62K-437.4K-64.63K51.75K
Change in Receivables339.62K-99.15K24.21K-211.23K15.54K64.28K
Change in Inventory0-160.48K-670.73M-172.38K-500.19K29.81K
Change in Payables0160.48K670.73M0720.24K84.61K
Cash from Investing+0-9.69K1.2M-658.48K-1.9M-198.82K
Capital Expenditures0-9.69K-16.7K-658.48K-1.2M-104.95K
CapEx % of Revenue-0.02%0.03%1.24%1.34%0.12%
Acquisitions------
Investments------
Other Investing0000-700K-126.65K
Cash from Financing+424K396.68K10.61M23.94M14.23M16.6M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid000000
Share Repurchases------
Other Financing0398.81K0-107.03K00
Net Change in Cash------
Free Cash Flow+-416.5K-478.42K-3.24M-15.43M-23.84M-17.34M
FCF Margin %-1.48%-0.97%-5.61%-29.12%-26.62%-19.4%
FCF Growth %--0.15%-5.77%-3.77%-0.55%0.27%
FCF per Share-0.04-0.09-0.45-1.09-1.47-17.91
FCF Conversion (FCF/Net Income)0.44x0.80x0.28x0.56x0.83x0.79x
Interest Paid000125.54K0198.06K
Taxes Paid000000

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)---645.93%-258.62%-303.2%-465.82%
Return on Invested Capital (ROIC)--306.19%-4482.93%-10104.56%-1056.87%-419.72%
Gross Margin-21.77%24.94%30.77%34.38%56.91%64.31%
Net Margin-340.11%-118.91%-2024.79%-4992.24%-2936.5%-2421.8%
Debt / Equity--0.41x0.23x2.28x0.54x
Interest Coverage-4.57x-2.85x-28.67x-91.40x-32.91x-17.39x
FCF Conversion0.44x0.80x0.28x0.56x0.83x0.79x
Revenue Growth-75.4%16.98%-8.22%69%-0.17%

Frequently Asked Questions

Growth & Financials

Mainz Biomed B.V. (MYNZ) reported $1.6M in revenue for fiscal year 2024. This represents a 472% increase from $0.3M in 2019.

Mainz Biomed B.V. (MYNZ) saw revenue decline by 0.2% over the past year.

Mainz Biomed B.V. (MYNZ) reported a net loss of $40.1M for fiscal year 2024.

Dividend & Returns

Mainz Biomed B.V. (MYNZ) has a return on equity (ROE) of -465.8%. Negative ROE indicates the company is unprofitable.

Mainz Biomed B.V. (MYNZ) had negative free cash flow of $27.5M in fiscal year 2024, likely due to heavy capital investments.

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