MOR — Stock Film
STOCK FILMSCENE 1/11MOR · $18.96
Stock Expert AI presents
MOR
MorphoSys AG
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
MorphoSys AG. What it actually does.

Discovers and develops therapeutic antibodies for cancer and autoimmune diseases. Commercializes Tafasitamab (Monjuvi/Minjuvi) for the treatment of B-cell malignancies. Now — the numbers.

on the stock market since 2018
464 employees
$2.9B market value
Revenue last year:
$276.5M
The loss that same year:
$220.1M
For every $1 it earns, the company spends $1.8.

The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
Sales are growing overall, with a pause along the way.

Average growth of 35% a year over the last 4 years. Red columns mark years that ended in a loss.

$83.3M
2019
2020
2021
2022
$276.5M
2023
In the vault right now:
$792.2M
DEBT: $737.8M
At this pace, that money lasts about 3.6 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
10.3×

This company is not turning a profit, so the market is pricing its sales instead: 10.3× for every dollar of annual revenue.

No analyst target is on record for this company.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 4 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

STRENGTHS
A strong cash pile8/10
Heavy investment in the future10/10
WEAK SPOTS
The stock has lost its spark0/10
Costs eat into the margin4/10
WORTH WATCHING

Cost Efficiency: As sales grow, profit fails to keep the same pace.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 35% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 4 years, sales grew about 35% a year on average.

2
THE BRIGHT SIDE · 2/3
The product is selling

Sales run at $276.5M a year. A small number, but proof the product has real buyers.

3
THE BRIGHT SIDE · 3/3
Strong cash, light debt

There is $792.2M in the vault; even if every debt were paid off, $54.3M would remain.

1
THE RISKS · 1/3
Small sales, big loss

A loss of $220.1M against $276.5M in annual sales. And on top of that, sales fell from the year before.

2
THE RISKS · 2/3
The stock has lost its spark

Since the drop from its peak, buyer appetite hasn’t come back. Council score: 0/10.

3
THE RISKS · 3/3
Costs eat into the margin

Costs swallow the gains that sales growth brings in. Council score: 4/10.

FINALE · THE GRADE
grade pending

We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.

One-line summary: few numbers, an untested story. Keep watching.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film