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Mira Pharma Financials

MIRA
Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE March

This page shows Mira Pharma (MIRA) financial statements, including the 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 (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Weak
3/9

Mira Pharma passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.

Earnings Quality Low Quality
0.45x

For every $1 of reported earnings, Mira Pharma generates $0.45 in operating cash flow (-$4.7M OCF vs -$10.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue
N/A
EBITDA
N/A
Net Income
-$10.4M
YoY-33.0%

Mira Pharma reported -$10.4M in net income in fiscal year 2025. This represents a decrease of 33.0% from the prior year.

EPS (Diluted)
$-1.35
YoY-164.7%

Mira Pharma earned $-1.35 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 164.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$6.3M
YoY+124.0%

Mira Pharma held $6.3M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
42M
YoY+153.7%

Mira Pharma had 42M shares outstanding in fiscal year 2025. This represents an increase of 153.7% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
Return on Equity
-100.5%
YoY+256.5pp

Mira Pharma's ROE was -100.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 256.5 percentage points from the prior year.

Capital Allocation

R&D Spending
$1.7M
YoY-48.0%

Mira Pharma invested $1.7M in research and development in fiscal year 2025. This represents a decrease of 48.0% from the prior year.

Share Buybacks
N/A
Capital Expenditures
N/A

MIRA Income Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses $413K-16.8% $496K+57.8% $314K N/A $1.1M+73.7% $614K-19.4% $762K N/A
SG&A Expenses $904K-13.9% $1.0M-29.6% $1.5M N/A $1.0M-9.1% $1.1M+11.0% $1.0M N/A
Operating Income N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense $16K N/A -$21K N/A -$38K+4.2% -$39K+21.9% -$50K N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income -$1.1M+26.0% -$1.5M+13.8% -$1.8M N/A -$2.0M-20.8% -$1.7M+1.5% -$1.7M N/A
EPS (Diluted) $-1.18-1211.1% $-0.09+18.2% $-0.11 N/A $-0.14-27.3% $-0.11+26.7% $-0.15 N/A

MIRA Balance Sheet

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Total Assets $7.6M+779.1% $868K-38.0% $1.4M-52.1% $2.9M-31.5% $4.3M+41.5% $3.0M-20.8% $3.8M-22.8% $4.9M
Current Assets $7.6M+812.2% $833K-39.0% $1.4M-52.7% $2.9M-31.8% $4.2M+44.3% $2.9M-21.0% $3.7M-23.6% $4.9M
Cash & Equivalents $2.6M+261.6% $730K-39.4% $1.2M-57.4% $2.8M-31.6% $4.1M+46.8% $2.8M-20.0% $3.5M-23.3% $4.6M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A $5K
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $84K-71.9% $298K+181.1% $106K-85.3% $723K+4.4% $693K-13.0% $797K+22.2% $652K+16.8% $558K
Current Liabilities $84K-71.9% $298K+181.1% $106K-85.3% $723K+4.4% $693K-13.0% $797K+22.2% $652K+16.8% $558K
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $7.5M+1224.8% $570K-56.0% $1.3M-41.2% $2.2M-38.4% $3.6M+61.1% $2.2M-29.7% $3.2M-27.8% $4.4M
Retained Earnings -$33.6M-3.5% -$32.5M-5.0% -$30.9M-6.1% -$29.1M-9.0% -$26.7M-8.3% -$24.7M-7.4% -$23.0M-8.1% -$21.3M

MIRA Cash Flow Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Operating Cash Flow -$1.1M-37.2% -$800K+50.9% -$1.6M+9.7% -$1.8M+2.0% -$1.8M-113.2% -$864K+17.7% -$1.0M-1.4% -$1.0M
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Financing Cash Flow $3.0M+828.9% $324K+9478.3% $3K-99.3% $493K-84.4% $3.2M+1889.1% $159K+753.4% -$24K+89.5% -$231K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

MIRA Financial Ratios

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A N/A N/A N/A N/A
Return on Equity -15.1%+254.8pp -269.8%-132.0pp -137.8% N/A -57.2%+19.0pp -76.2%-21.8pp -54.4% N/A
Return on Assets -14.9%+162.2pp -177.1%-49.7pp -127.4% N/A -47.9%+8.2pp -56.1%-11.0pp -45.1% N/A
Current Ratio 90.53+87.7 2.79-10.1 12.86+8.9 3.99-2.1 6.11+2.4 3.68-2.0 5.70-3.0 8.71
Debt-to-Equity 0.01-0.5 0.52+0.4 0.08-0.2 0.33+0.1 0.19-0.2 0.36+0.2 0.21+0.1 0.13
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

No, Mira Pharma (MIRA) reported a net income of -$10.4M in fiscal year 2025.

Mira Pharma (MIRA) reported diluted earnings per share of $-1.35 for fiscal year 2025. This represents a -164.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Mira Pharma (MIRA) has a return on equity of -100.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Mira Pharma (MIRA) generated -$4.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Mira Pharma (MIRA) had $11.1M in total assets as of fiscal year 2025, including both current and long-term assets.

Mira Pharma (MIRA) invested $1.7M in research and development during fiscal year 2025.

Mira Pharma (MIRA) had 42M shares outstanding as of fiscal year 2025.

Mira Pharma (MIRA) had a current ratio of 15.75 as of fiscal year 2025, which is generally considered healthy.

Mira Pharma (MIRA) had a debt-to-equity ratio of 0.07 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Mira Pharma (MIRA) had a return on assets of -94.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Mira Pharma (MIRA) had $6.3M in cash against an annual operating cash burn of $4.7M. This gives an estimated cash runway of approximately 16 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.

Mira Pharma (MIRA) has a Piotroski F-Score of 3 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.

Mira Pharma (MIRA) has an earnings quality ratio of 0.45x, 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.

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