See more : Wacker Neuson SE (WKRCF) Income Statement Analysis – Financial Results
Complete financial analysis of Meta Materials Inc. (MMAT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Meta Materials Inc., a leading company in the Hardware, Equipment & Parts industry within the Technology sector.
You may be interested
- Jack in the Box Inc. (JACK) Income Statement Analysis – Financial Results
- Shanghai DZH Limited (601519.SS) Income Statement Analysis – Financial Results
- Xinjiang Hongtong Natural Gas Co., Ltd. (605169.SS) Income Statement Analysis – Financial Results
- VTM Limited (VTMLTD.BO) Income Statement Analysis – Financial Results
- Korea Refractories Co., Ltd (010040.KS) Income Statement Analysis – Financial Results
Meta Materials Inc. (MMAT)
About Meta Materials Inc.
Meta Materials Inc. invents, designs, develops, and manufactures various functional materials and nanocomposites. Its products include metaAIR, a laser glare protection eyewear; NANOWEB, a transparent conductive film; holoOPTIX, a holographic optical element; glucoWISE, a non-invasive glucose measurement device; and metaSURFACE, which allows an enhancement in signal to noise ratio of up to 40 times for magnetic resonance imaging scans. The company also develops and produces nano-optic structures and color-shifting foils that are used in authentication and brand protection applications in various markets, including banknotes, secure government documents, and commercial branding, as well as engages in the research, development, and manufacture of smart materials. Its customers are OEM providers in various industries, including aerospace, automotive, consumer electronics, communications, energy, banknote and brand security, and medical devices. The company was formerly known as Torchlight Energy Resources, Inc. and changed its name to Meta Materials Inc. in June 2021. Meta Materials Inc. was incorporated in 2007 and is headquartered in Dartmouth, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.84M | 10.20M | 4.08M | 1.12M | 902.41K | 1.28M | 570.50K | 354.39K | 1.63M | 5.54M | 1.30M | 1.04M | 24.15K | 0.00 | 0.00 |
| Cost of Revenue | 31.88M | 3.04M | 675.97K | 3.25K | 9.17K | 806.16K | 173.19K | 328.44K | 814.08K | 1.25M | 434.12K | 500.05K | 25.27K | 0.00 | 0.00 |
| Gross Profit | -24.04M | 7.16M | 3.41M | 1.12M | 893.24K | 476.20K | 397.31K | 25.95K | 820.23K | 4.29M | 861.38K | 537.19K | -1.12K | 0.00 | 0.00 |
| Gross Profit Ratio | -306.48% | 70.23% | 83.44% | 99.71% | 98.98% | 37.13% | 69.64% | 7.32% | 50.19% | 77.39% | 66.49% | 51.79% | -4.64% | 0.00% | 0.00% |
| Research & Development | 19.21M | 22.64M | 9.50M | 4.10M | 3.83M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 24.85M | 61.54M | 29.70M | 6.71M | 4.82M | 4.05M | 3.65M | 6.45M | 15.55M | 10.16M | 6.68M | 2.43M | 1.87M | 0.00 | 0.00 |
| Selling & Marketing | 4.35M | 6.24M | 2.27M | 1.06M | 1.13M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 31.00M | 67.79M | 31.97M | 7.77M | 5.95M | 4.05M | 3.65M | 6.45M | 15.55M | 10.16M | 6.68M | 2.43M | 1.87M | 0.00 | 0.00 |
| Other Expenses | 3.00 | 3.43M | -11.94M | -1.63M | -1.63M | 1.17M | 100.16K | 636.43K | 930.93K | 2.74M | 652.18K | 551.89K | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 3.00 | 93.86M | 41.46M | 10.25M | 8.14M | 5.23M | 3.75M | 7.08M | 16.48M | 12.89M | 7.33M | 2.98M | 1.87M | 0.00 | 0.00 |
| Cost & Expenses | 31.88M | 96.90M | 42.14M | 10.25M | 8.15M | 6.03M | 3.93M | 7.41M | 17.30M | 14.15M | 7.77M | 3.48M | 1.90M | 0.00 | 0.00 |
| Interest Income | 1.02M | 229.08K | 18.94K | 16.85K | 585.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 427.76K | 403.32K | 1.11M | 1.45M | 1.14M | 547.71K | 346.05K | 272.84K | 1.89M | 6.78M | 4.61M | 363.24K | 94.60K | 0.00 | 0.00 |
| Depreciation & Amortization | 13.52M | 10.88M | 3.93M | 2.33M | 4.39M | -508.29K | 2.78M | -353.33K | -25.70M | -424.27K | 660.06K | 12.00 | 541.00 | 0.00 | 0.00 |
| EBITDA | -401.92M | -72.38M | -46.51M | -8.43M | -5.03M | -5.26M | -573.86K | -7.41M | -41.36M | -9.03M | -5.81M | -2.45M | -1.87M | 0.00 | 0.00 |
| EBITDA Ratio | -134.70% | -756.82% | -1,139.14% | -692.14% | -522.57% | -410.09% | -100.59% | -2,091.34% | -2,530.70% | -162.95% | -448.72% | -235.77% | -7,755.27% | 0.00% | 0.00% |
| Operating Income | -24.04M | -86.70M | -38.06M | -9.13M | -7.24M | -4.75M | -3.36M | -7.06M | -15.66M | -8.60M | -6.47M | -2.45M | -1.87M | 0.00 | 0.00 |
| Operating Income Ratio | -306.48% | -849.97% | -932.22% | -813.26% | -802.79% | -370.46% | -588.22% | -1,991.64% | -958.26% | -155.29% | -499.67% | -235.78% | -7,757.51% | 0.00% | 0.00% |
| Total Other Income/Expenses | -377.54M | -1.67M | -53.79M | -1.05M | -1.28M | -100.32K | 2.34M | -626.17K | -27.59M | -7.20M | -3.95M | -363.22K | -94.60K | 0.00 | 0.00 |
| Income Before Tax | -401.58M | -84.94M | -91.85M | -11.80M | -8.53M | -5.81M | -919.91K | -7.68M | -43.25M | -15.81M | -10.42M | -2.81M | -1.97M | 0.00 | 0.00 |
| Income Before Tax Ratio | -5,120.22% | -832.70% | -2,249.82% | -1,051.96% | -945.08% | -452.81% | -161.25% | -2,168.33% | -2,646.56% | -285.32% | -804.22% | -270.79% | -8,149.19% | 0.00% | 0.00% |
| Income Tax Expense | -3.34M | -5.83M | -852.06K | -193.71K | -83.55K | 508.29K | -2.78M | 353.33K | 25.70M | 424.27K | -660.06K | -12.00 | 94.60K | 0.00 | 0.00 |
| Net Income | -398.23M | -79.10M | -91.00M | -11.61M | -8.44M | -6.31M | 1.86M | -8.04M | -68.95M | -16.23M | -9.76M | -2.81M | -2.06M | 0.00 | 0.00 |
| Net Income Ratio | -5,077.58% | -775.50% | -2,228.95% | -1,034.70% | -935.82% | -492.44% | 326.39% | -2,268.03% | -4,219.00% | -292.97% | -753.27% | -270.79% | -8,540.87% | 0.00% | 0.00% |
| EPS | -69.10 | -24.09 | -39.07 | -4.09 | -17.00 | -69.01 | -89.85 | -0.19 | -4.21 | -1.03 | -0.70 | -0.20 | -0.14 | 0.00 | 0.00 |
| EPS Diluted | -69.10 | -24.09 | -39.07 | -4.09 | -16.88 | -69.01 | -89.85 | -0.19 | -4.21 | -1.03 | -0.70 | -0.20 | -0.14 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 5.76M | 3.28M | 2.33M | 2.84M | 496.76K | 91.51K | 73.84K | 43.12K | 16.37K | 15.73K | 14.02K | 14.33K | 14.29K | 14.29K | 0.00 |
| Weighted Avg Shares Out (Dil) | 5.76M | 3.28M | 2.33M | 2.84M | 500.15K | 91.51K | 73.84K | 43.12K | 16.37K | 15.73K | 14.02K | 14.33K | 14.29K | 14.29K | 0.00 |
Levi & Korsinsky, LLP Notifies Shareholders of Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. (MMAT) an Upcoming Claims Deadline in a Class Action Settlement
NEW YORK, NY / ACCESSWIRE / April 11, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. (NASDAQ: MMAT). The settlement...
Levi & Korsinsky, LLP Notifies Shareholders of Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. (MMAT) an Upcoming Claims Deadline in a Class Action Settlement
NEW YORK, NY / ACCESSWIRE / April 9, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. (NASDAQ: MMAT). The settlement...
Levi & Korsinsky, LLP Notifies Shareholders of Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. (MMAT) an Upcoming Claims Deadline in a Class Action Settlement
NEW YORK, NY / ACCESSWIRE / April 4, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. (NASDAQ: MMAT). The settlement...
Levi & Korsinsky, LLP Notifies Shareholders of Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. (MMAT) an Upcoming Claims Deadline in a Class Action Settlement
NEW YORK, NY / ACCESSWIRE / April 2, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. (NASDAQ:MMAT). The settlement provides...
Meta Materials Schedules Corporate Update Webcast
HALIFAX, NS / ACCESSWIRE / March 28, 2024 / Meta Materials Inc. (the "Company" or "META") (Nasdaq:MMAT), an advanced materials and nanotechnology company, today announced that the Company will host a corporate update webcast on Wednesday, April 3, 2024, at...
NEXT BRIDGE HYDROCARBONS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Next Bridge Hydrocarbons, Inc., a spin-off from Meta Materials, Inc. (OTC PINK: MMTLP), Investors with Losses Should Contact the Firm!
NEW YORK--(BUSINESS WIRE)-- #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Next Bridge Hydrocarbons, Inc., a spin-off from Meta Materials, Inc. (OTC PINK: MMTLP) (“NBH” or...
The FINRA Crackdown on Social Media Influencers Should Be a Wake-Up Call to Investors
One of this week's biggest stories involved a regulatory crackdown on a prominent brokerage app. In a statement released on March 18, The Financial Industry Regulatory Authority (FINRA) reported that financial services platform M1 Finance had hired some 1,700 social media...
NEXT BRIDGE HYDROCARBONS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Next Bridge Hydrocarbons, Inc., a spin-off from Meta Materials, Inc. (MMTLP), Investors with Substantial Losses Contact the Firm!
NEW YORK--(BUSINESS WIRE)-- #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Next Bridge Hydrocarbons, Inc., a spin-off from Meta Materials, Inc. (OTC PINK: MMTLP) (“NBH” or...
A New Class-Action Lawsuit Takes Aim at Meta Materials Spinoff Next Bridge Hydrocarbons
Meta Materials (NASDAQ: MMAT ) stock is in the spotlight after a shareholder of spinoff Next Bridge Hydrocarbons (NBH) filed a class-action lawsuit against the oil and natural gas company and several of its executives. These include former NBH President...
Meta Materials Justifies Need for Capital Raise, Higher Share Count in New Letter
Meta Materials (NASDAQ: MMAT ) will hold its special meeting of stockholders on April 15. The meeting has one material proposal, which is to increase the total number of authorized shares of MMAT stock to 250 million from 10 million.
Source: https://incomestatements.info
Category: Stock Reports