Meren Energy Inc.

MER.TOTSXEnergy● Active

$2.19

$-0.00(-0.00%)

Market Cap$1.5B

P/E Ratio—

52W High$2.58

52W Low$1.61

Avg Volume955K

Open$2.21

Beta0.37

Net Income Financials Revenue

Meren Energy Inc. (MER.TO) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

MER.TO · net income · updated Jun 8, 2026

Core profitability metrics

MER.TO · net income · margin · TTM · CAGR

Net income was −$32.2M for FY2025 (fiscal year ending 2025-12-31), down 11424.4% year-over-year. Net profit margin was -5.6%. Based on available data, Meren Energy Inc. has been profitable since at least 2021.

FY2025 Net Income−$32.2M▼ -11424.4% YoY

Trailing 12M (TTM)−$125.4Mtrailing 4 quarters sum

Net Profit Margin-5.6%−$32.2M ÷ $569.7M

YoY Change-11424.4%—

5-Year CAGRN/AN/A — contains loss years

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2021

▸ FMP /income-statement · Annual · MER.TO net income history · MER.TO profit margin

Annual net income data

MER.TO · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025Loss−$32.2M▼ 11424.4%-5.6%$569.7M

FY2024Loss−$279,000▼ 420.3%—$0

FY2023$87,100▲ +100.1%—$0

FY2022Loss−$60.3M▼ 131.6%—$0

FY2021★ First Profit$190.7M▲ +1182.7%—$0

Net income vs peers (Energy)

MER.TO vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Meren Energy Inc.YOU

MER.TO

−$32.2M-11424.4%-5.6%

Loss

Exxon Mobil Corporation

Energy · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Meren Energy Inc. (MER.TO) reported net income of −$32.2M for FY2025 (fiscal year ending 2025-12-31), down 11424.4% year-over-year. The net profit margin was -5.6% — meaning the company kept $-0.06 of every dollar of revenue as profit.

Based on available data, Meren Energy Inc. has been profitable since at least 2021. Net income reached a peak of $190.7M in FY2021. Data available for 15 fiscal years.

Meren Energy Inc.'s net profit margin was -5.6% for FY2025, based on the latest annual results.

Investors sometimes search for "Meren Energy Inc. net worth" — the company's market capitalization is a separate figure from MER.TO net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

MER.TO net income · 4 questions

Meren Energy Inc. is not currently profitable on an annual basis. The company reported a net loss of $32.2M for FY2025.

is MER.TO profitabledoes MER.TO make a profitMER.TO profitabilityMER.TO profitable company

▸ Source: FMP /income-statement · GAAP · Meren Energy Inc. · Meren Energy Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026