Financial Snapshot

Revenue
$9.826M
TTM
Gross Margin
65.46%
TTM
Net Earnings
-$387.1M
TTM
Current Assets
Q1 2024
Current Liabilities
Q1 2024
Current Ratio
57.69%
Q1 2024
Total Assets
Q1 2024
Total Liabilities
Q1 2024
Book Value
$18.34M
Q1 2024
Cash
Q1 2024
P/E
-0.001055
Nov 29, 2024 EST
Free Cash Flow
-$39.39M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $7.966M $10.20M $4.083M $1.122M $902.4K $1.282M $570.5K $354.4K $1.630M $5.540M $1.300M $1.040M $20.00K $0.00 $0.00
YoY Change -21.91% 149.85% 263.8% 24.35% -29.63% 124.78% 60.98% -78.26% -70.58% 326.15% 25.0% 5100.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $7.966M $10.20M $4.083M $1.122M $902.4K $1.282M $570.5K $354.4K $1.630M $5.540M $1.300M $1.040M $20.00K $0.00 $0.00
Cost Of Revenue $3.274M $3.036M $676.0K $3.254K $9.172K $806.2K $173.2K $328.4K $810.0K $1.250M $430.0K $500.0K $30.00K
Gross Profit $4.691M $7.164M $3.407M $1.119M $893.2K $476.2K $397.3K $25.95K $820.0K $4.290M $860.0K $540.0K $0.00
Gross Profit Margin 58.9% 70.23% 83.44% 99.71% 98.98% 37.13% 69.64% 7.32% 50.31% 77.44% 66.15% 51.92% 0.0%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Selling, General & Admin $29.20M $67.79M $31.97M $7.773M $5.945M $4.053M $3.653M $6.448M $15.55M $10.16M $6.680M $2.430M $1.870M $20.00K $20.00K
YoY Change -56.93% 112.06% 311.28% 30.73% 46.69% 10.95% -43.34% -58.54% 53.05% 52.1% 174.9% 29.95% 0.0%
% of Gross Profit 622.39% 946.24% 938.4% 694.64% 665.61% 851.13% 919.43% 24846.67% 1896.34% 236.83% 776.74% 450.0%
Research & Development $19.21M $22.64M $9.497M $4.103M $3.825M
YoY Change -15.17% 138.39% 131.49% 7.26%
% of Gross Profit 409.39% 316.03% 278.8% 366.67% 428.24%
Depreciation & Amortization $13.52M $3.600M $1.800M $1.600M $4.393M $1.174M $100.2K $636.4K $930.0K $2.740M $650.0K $550.0K $0.00
YoY Change 275.63% 100.0% 12.5% -63.58% 274.28% 1071.88% -84.26% -31.57% -66.06% 321.54% 18.18%
% of Gross Profit 288.25% 50.25% 52.84% 142.99% 491.82% 246.48% 25.21% 2452.52% 113.41% 63.87% 75.58% 101.85%
Operating Expenses $61.89M $90.43M $41.46M $11.88M $9.771M $5.227M $3.753M $7.084M $16.48M $12.90M $7.340M $2.980M $1.870M $20.00K $20.00K
YoY Change -31.56% 118.09% 249.16% 21.54% 86.93% 39.27% -47.02% -57.01% 27.75% 75.75% 146.31% 59.36% 0.0%
Operating Profit -$57.20M -$83.26M -$38.06M -$10.76M -$8.877M -$4.751M -$3.356M -$7.058M -$15.66M -$8.610M -$6.480M -$2.440M -$1.870M
YoY Change -31.31% 118.78% 253.82% 21.17% 86.87% 41.56% -52.46% -54.93% 81.88% 32.87% 165.57% 30.48%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Interest Expense $1.245M $174.2K $1.106M $1.430M $1.136M -$546.7K -$345.6K -$272.8K -$1.890M -$6.780M -$4.610M -$360.0K -$90.00K
YoY Change 614.71% -84.25% -22.62% 25.88% -307.79% 58.18% 26.69% -85.57% -72.12% 47.07% 1180.56% 300.0%
% of Operating Profit
Other Income/Expense, Net $6.013M -$1.672M -$53.79M -$1.049M $348.9K $0.00 $2.782M
YoY Change -459.68% -96.89% 5029.89% -400.55% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Pretax Income -$401.6M -$84.94M -$91.85M -$11.80M -$8.529M -$5.807M -$919.9K -$7.684M -$43.25M -$15.81M -$10.42M -$2.810M -$1.970M -$20.00K -$20.00K
YoY Change 372.8% -7.53% 678.06% 38.42% 46.88% 531.22% -88.03% -82.23% 173.56% 51.73% 270.82% 42.64% 0.0%
Income Tax -$3.344M -$5.834M -$852.1K -$193.7K -$83.55K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$398.2M -$79.10M -$91.00M -$11.61M -$8.445M -$5.807M -$919.9K -$7.684M -$43.25M -$15.81M -$10.42M -$2.810M -$1.970M -$20.00K -$20.00K
YoY Change 403.45% -13.07% 683.7% 37.49% 45.44% 531.22% -88.03% -82.23% 173.56% 51.73% 270.82% 42.64% 0.0%
Net Earnings / Revenue -4999.36% -775.48% -2228.95% -1034.7% -935.82% -452.81% -161.25% -2168.33% -2653.37% -285.38% -801.54% -270.19% -9850.0%
Basic Earnings Per Share -$69.67 -$0.24 -$0.39 -$0.08 -$0.17
Diluted Earnings Per Share -$69.10 -$0.24 -$0.39 -$0.08 -$0.17 -$170.4K -$30.86K -$356.4K -$3.10 -$2.01 -$1.49 -$0.41 -$0.28 $0.00 $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Cash & Short-Term Investments $9.724M $10.09M $49.52M $131.3K $89.73K $840.2K $1.052M $1.770M $1.000M $200.0K $1.800M $100.0K $500.0K $300.0K $0.00 $0.00
YoY Change -3.64% -79.62% 37607.56% 46.36% -89.32% -20.12% -40.56% 76.95% 400.0% -88.89% 1700.0% -80.0% 66.67%
Cash & Equivalents
Short-Term Investments $0.00 $2.876M
Other Short-Term Assets $5.680M $8.931M $79.75M $138.9K $96.01K $207.4K $1.375M $610.2K $0.00 $100.0K $0.00 $0.00 $0.00 $0.00
YoY Change -36.41% -88.8% 57299.45% 44.71% -53.71% -84.92% 125.37% -100.0%
Inventory $168.8K $468.0K $265.7K
Prepaid Expenses
Receivables $1.824M $902.7K $1.666M $230.1K $449.5K $179.7K $596.1K $603.5K $700.0K $200.0K $400.0K $100.0K $0.00 $0.00
Other Receivables $0.00 $2.212M $175.8K $1.034M $100.5K $294.7K $142.9K $7.320K $200.0K $700.0K $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $17.40M $22.60M $131.4M $1.534M $735.7K $1.522M $3.166M $2.990M $2.000M $1.200M $2.300M $200.0K $600.0K $300.0K $0.00 $0.00
YoY Change -23.04% -82.79% 8462.26% 108.55% -51.66% -51.93% 5.87% 49.52% 66.67% -47.83% 1050.0% -66.67% 100.0%
Property, Plant & Equipment $19.80M $48.25M $33.30M $30.86M $40.19M $36.57M $25.60M $9.422M $7.100M $34.60M $13.10M $3.500M $3.200M $1.100M
YoY Change -58.96% 44.91% 7.89% -23.21% 9.9% 42.88% 171.65% 32.71% -79.48% 164.12% 274.29% 9.38% 190.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.360K $6.360K $21.07K $100.0K $400.0K $1.000M $500.0K
YoY Change 0.0% -69.81% -78.93% -75.0% -60.0% 100.0%
Total Long-Term Assets $37.83M $386.3M $302.6M $30.86M $40.19M $36.58M $25.60M $9.443M $7.200M $35.00M $14.40M $4.300M $3.600M $1.500M $0.00 $0.00
YoY Change -90.21% 27.65% 880.62% -23.21% 9.88% 42.87% 171.11% 31.16% -79.43% 143.06% 234.88% 19.44% 140.0%
Total Assets $55.23M $408.9M $434.0M $32.40M $40.92M $38.10M $28.77M $12.43M $9.200M $36.20M $16.70M $4.500M $4.200M $1.800M $0.00 $0.00
YoY Change
Accounts Payable $10.27M $16.69M $13.34M $1.027M $1.444M $729.8K $762.5K $422.7K $1.100M $4.000M $1.000M $100.0K $0.00 $300.0K $0.00 $0.00
YoY Change -38.48% 25.19% 1198.55% -28.88% 97.86% -4.29% 80.4% -61.57% -72.5% 300.0% 900.0% -100.0%
Accrued Expenses $9.884M $967.1K $663.9K $1.717M $445.9K $1.370M $897.2K $571.2K $800.0K $600.0K $300.0K $100.0K $0.00 $0.00
YoY Change 922.02% 45.68% -61.34% 285.1% -67.44% 52.64% 57.07% -28.6% 33.33% 100.0% 200.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $8.977M $0.00 $0.00 $3.715M $300.0K $8.300M $800.0K $800.0K $600.0K $200.0K $0.00 $0.00
YoY Change -100.0% -100.0% 1138.39% -96.39% 937.5% 0.0% 33.33% 200.0%
Long-Term Debt Due $1.785M $483.2K $491.3K $0.00 $2.000M $0.00 $200.0K $0.00 $300.0K $0.00
YoY Change 269.29% -1.64% -100.0% -100.0% -100.0%
Total Short-Term Liabilities $23.58M $19.67M $91.64M $2.897M $12.92M $2.199M $2.279M $5.284M $2.500M $13.10M $2.700M $1.000M $900.0K $500.0K $0.00 $0.00
YoY Change 19.87% -78.53% 3063.15% -77.58% 487.69% -3.54% -56.86% 111.35% -80.92% 385.19% 170.0% 11.11% 80.0%
Long-Term Debt $2.923M $3.251M $3.006M $16.47M $11.87M $17.86M $10.52M $0.00 $3.300M $3.900M $4.800M $600.0K $0.00 $0.00 $0.00 $0.00
YoY Change -10.1% 8.16% -81.75% 38.76% -33.54% 69.8% -100.0% -15.38% -18.75% 700.0%
Other Long-Term Liabilities $6.784M $4.174M $4.347M $382.4K $1.065M $14.35K $9.270K $7.050K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 62.53% -3.98% 1036.72% -64.08% 7318.12% 54.8% 31.49%
Total Long-Term Liabilities $9.707M $7.425M $7.353M $16.86M $12.94M $17.88M $10.53M $7.050K $3.300M $3.900M $4.800M $600.0K $0.00 $0.00 $0.00 $0.00
YoY Change 30.73% 0.98% -56.38% 30.3% -27.63% 69.79% 149241.13% -99.79% -15.38% -18.75% 700.0%
Total Liabilities $33.29M $30.35M $99.32M $19.75M $25.86M $20.08M $12.81M $5.291M $5.800M $17.00M $7.500M $1.600M $900.0K $500.0K $0.00 $0.00
YoY Change 9.68% -69.44% 402.78% -23.61% 28.8% 56.74% 142.08% -8.78% -65.88% 126.67% 368.75% 77.78% 80.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Basic Shares Outstanding 5.763M 328.4M 232.9M 137.3M 50.02M
Diluted Shares Outstanding 5.763M 328.4M 232.9M 137.3M 50.02M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $408.43 Thousand

About META MATERIALS INC.

Meta Materials, Inc. engages in the manufacture and development of functional materials. The company is headquartered in Dartmouth, Nova Scotia and currently employs 103 full-time employees. The company went IPO on 2009-10-27. The firm is engaged in developing materials that improves the performance and efficiency of many current products as well as allow new products to be developed. The firm develops new products and technologies using sustainable science. Its META technology platforms enable brands to develop new products to improve performance for customers in aerospace and defense, consumer electronics, fifth generation (5G) communications, batteries, authentication, automotive and clean energy. Its QUANTUM stripe anti-counterfeiting security features for currency display full color, motion, and three-dimensional (3D) depth from an ultrathin, single layer of aluminum, without using any inks or dyes. The company has over 455 active patent documents, of which 346 patents have issued. The firm's portfolio consists of 124 patent families, of which 73 include at least one issued patent.

Industry: Semiconductors & Related Devices Peers: Canadian Solar Inc.