Meridian Bioscience was founded in 1977 and is headquartered in Cincinnati, US

Meridian Bioscience has an office in Cincinnati

Cincinnati, US (HQ)

3471 River Hills Dr

Meridian Bioscience's revenue was reported to be $54.1 m in Q2, 2017

USD

## Revenue (Q2, 2017) | 54.1 m |

## Gross profit (Q2, 2017) | 33.5 m |

## Gross profit margin (Q2, 2017), % | 62% |

## Net income (Q2, 2017) | 9.3 m |

## EBIT (Q2, 2017) | 14.2 m |

## Market capitalization (21-Jul-2017) | 653.4 m |

## Cash (31-Mar-2017) | 54.7 m |

Meridian Bioscience's current market capitalization is $653.4 m.

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 188.7 m | 188.8 m | 194.8 m | 196.1 m |

## Revenue growth, % | 0% | 3% | 1% | |

## Cost of goods sold | 67.6 m | 71.6 m | 72.9 m | 68.3 m |

## Gross profit | 121 m | 117.2 m | 121.9 m | 127.8 m |

## Gross profit Margin, % | 64% | 62% | 63% | 65% |

## Operating expense total | 63.7 m | 64.9 m | 65.8 m | 76.4 m |

## EBIT | 57.3 m | 52.4 m | 56.1 m | 51.4 m |

## EBIT margin, % | 30% | 28% | 29% | 26% |

## Interest expense | 897 k | |||

## Interest income | 44 k | 25 k | 23 k | 67 k |

## Pre tax profit | 57.4 m | 52.1 m | 55.1 m | 50.6 m |

## Income tax expense | 19.3 m | 17.4 m | 19.5 m | 18.4 m |

## Net Income | 38 m | 34.7 m | 35.5 m | 32.2 m |

USD | Q3, 2014^{} | Q1, 2014^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 47.2 m | 48 m | 51.5 m | 48.2 m | 47.2 m | 51.3 m | 50.7 m | 46.8 m | 54.1 m |

## Cost of goods sold | 18 m | 18.8 m | 19 m | 17.9 m | 15.6 m | 17.7 m | 17.8 m | 17.4 m | 20.6 m |

## Gross profit | 29.2 m | 29.2 m | 32.5 m | 30.3 m | 31.6 m | 33.6 m | 32.9 m | 29.5 m | 33.5 m |

## Gross profit Margin, % | 62% | 61% | 63% | 63% | 67% | 65% | 65% | 63% | 62% |

## R&D expense | 3.1 m | 3.1 m | 3.4 m | 3.2 m | 3.4 m | 3.1 m | 3.5 m | 3.4 m | 3.9 m |

## General and administrative expense | 6.7 m | 7.4 m | 6.9 m | 6.5 m | 8.2 m | 6.9 m | 7.5 m | 8.4 m | 7.4 m |

## Operating expense total | 9.9 m | 10.5 m | 10.3 m | 9.7 m | 11.6 m | 10 m | 11.1 m | 11.9 m | 11.3 m |

## EBIT | 13.1 m | 12.7 m | 15.7 m | 14.4 m | 13.6 m | 15.2 m | 13.7 m | 10.1 m | 14.2 m |

## EBIT margin, % | 28% | 26% | 31% | 30% | 29% | 30% | 27% | 22% | 26% |

## Interest expense | (43 k) | (427 k) | (423 k) | (408 k) | |||||

## Interest income | 5 k | 6 k | 6 k | 6 k | 17 k | 3 k | 22 k | 22 k | 29 k |

## Pre tax profit | 12.9 m | 12.1 m | 15.5 m | 14.3 m | 13.7 m | 14.8 m | 13.4 m | 9.7 m | 14.2 m |

## Income tax expense | 4 m | 4.2 m | 5.5 m | 5.2 m | 4.8 m | 5.7 m | 4.6 m | 3.4 m | 4.9 m |

## Net Income | 8.8 m | 7.9 m | 10.1 m | 9.1 m | 8.9 m | 9.1 m | 8.8 m | 6.3 m | 9.3 m |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 44.3 m | 43 m | 50 m | 47.2 m |

## Inventories | 34.8 m | 35.5 m | 35.8 m | 45.1 m |

## Current Assets | 114.1 m | 112.7 m | 122.9 m | 126.8 m |

## Goodwill | 23.1 m | 23.2 m | 22.3 m | 62 m |

## Total Assets | 176.7 m | 176.9 m | 183.3 m | 251.8 m |

## Accounts Payable | 5.6 m | 5 m | 6.6 m | 7.6 m |

## Total Debt | 58.4 m | |||

## Current Liabilities | 21.7 m | 13.7 m | 15.3 m | 22.6 m |

## Non-Current Liabilities | 2.2 m | 2.2 m | 62.8 m | |

## Total Liabilities | 15.9 m | 17.4 m | 85.4 m | |

## Additional Paid-in Capital | 107.4 m | 111.9 m | 117.2 m | 122.4 m |

## Retained Earnings | 46.9 m | 48.9 m | 51.1 m | 49.6 m |

## Total Equity | 155 m | 161 m | 165.9 m | 166.5 m |

## Debt to Equity Ratio | 0.4 x | |||

## Debt to Assets Ratio | 0.2 x | |||

## Financial Leverage | 1.1 x | 1.1 x | 1.1 x | 1.5 x |

USD | Q3, 2014^{} | Q1, 2014^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 39.3 m | 49.5 m | 42.7 m | 46 m | 53.4 m | 48.9 m | 45.8 m | 49.3 m | 54.7 m |

## Inventories | 37.6 m | 34.4 m | 33 m | 33.6 m | 38.8 m | 41.9 m | 43.4 m | 44.7 m | 42.4 m |

## Current Assets | 113.5 m | 114.7 m | 116.5 m | 118 m | 123.2 m | 128.2 m | 126.9 m | 126 m | 128.8 m |

## Goodwill | 23.8 m | 22.6 m | 22.1 m | 22.8 m | 22.1 m | 64.5 m | 63.7 m | 60.7 m | 60.8 m |

## Total Assets | 178.8 m | 177.4 m | 178.3 m | 179.3 m | 186.4 m | 258.4 m | 254.9 m | 250.1 m | 251.9 m |

## Accounts Payable | 6.4 m | 5.9 m | 6.1 m | 5.5 m | 7.2 m | 7.9 m | 7.4 m | 7.5 m | 6.4 m |

## Current Liabilities | 16.9 m | 14.5 m | 15.2 m | 13.3 m | 15.7 m | 21.3 m | 20.2 m | 21 m | 19.9 m |

## Non-Current Liabilities | 2 m | 2 m | 2.1 m | 2.1 m | 67.2 m | 65.8 m | 63.3 m | 61.2 m | |

## Additional Paid-in Capital | 110.7 m | 113.5 m | 114.1 m | 114.8 m | 120.2 m | 121.3 m | 121.7 m | 124.2 m | 124.7 m |

## Retained Earnings | 49 m | 48.4 m | 50.2 m | 50.9 m | 51.5 m | 52.2 m | 52.6 m | 47.5 m | 51.5 m |

## Total Equity | 161.8 m | 160.8 m | 161.1 m | 163.9 m | 168.6 m | 169.8 m | 168.9 m | 165.7 m | 170.8 m |

## Financial Leverage | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.5 x | 1.5 x | 1.5 x | 1.5 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 38 m | 34.7 m | 35.5 m | 32.2 m |

## Cash From Operating Activities | 44.4 m | 38.3 m | 42.8 m | 37.2 m |

## Purchases of PP&E | (3.2 m) | (5.3 m) | (4.6 m) | (4 m) |

## Cash From Investing Activities | (3.3 m) | (7 m) | (3.6 m) | (66.7 m) |

## Dividends Paid | (31.4 m) | (32.8 m) | (33.4 m) | (33.6 m) |

## Cash From Financing Activities | (28.6 m) | (31.8 m) | (30.7 m) | 27.2 m |

## Interest Paid | 879 k | |||

## Income Taxes Paid | 20.1 m | 20 m | 20.2 m | 17.9 m |

USD | Q3, 2014^{} | Q1, 2014^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 8.8 m | 7.9 m | 10.1 m | 9.1 m | 8.9 m | 9.1 m | 8.8 m | 6.3 m | 9.3 m |

## Inventories | 33.6 m | 38.8 m | 41.9 m | 43.4 m | 44.7 m | 42.4 m | |||

## Accounts Payable | 5.5 m | 7.2 m | 7.9 m | 7.4 m | 7.5 m | 6.4 m |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 83.3 k |

## Financial Leverage | 1.5 x |