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Meta Materials Inc. (MMAT)
Key financial summary
Financials in USD| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 1 | 1 | 1 | 4 | 10 | 8 | 10 |
| Operating profit | $m | -24 | - | |||||
| Net profit | $m | -6 | -8 | -12 | -91 | -79 | -398 | -387 |
| EPS reported | $ | -69.10 | -80.81 | |||||
| Operating cashflow per share | $ | -7.33 | -7.33 | |||||
| Capex per share | $ | 1.45 | 1.45 | |||||
| FCF per share | $ | -8.78 | -8.78 | |||||
| Free cash flow | $m | -51 | -39 | |||||
| Net debt | $m | -6 | -1 | |||||
| Book value equity | $m | 22 | 18 | |||||
| Book value per share | $ | 3.81 | 2.97 | |||||
| Number of shares | m | 5.76 | 6.18 | |||||
| DPS (TTM paid) | $ | 0.57 | 0.00 |
Financial summary
Financials in USD| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 1.73 | 0.19 | |||||
| P/S LTM | x | 4.85 | 0.36 | |||||
| P/FCF LTM | x | -0.75 | -0.09 | |||||
| EV/EBITDA LTM | x | -0.10 | -0.01 | |||||
| EV/Sales LTM | x | 5.08 | 0.24 | |||||
| Earnings Yield LTM | % | -1047.0% | -13141.9% | |||||
| FCF Yield | % | -133.00% | -1119.6% | |||||
| Quality | ||||||||
| ROE | % | -1815.4% | -198.87% | |||||
| ROIC | % | -63.01% | -63.01% | |||||
| Operating margin | % | -306.48% | -306.48% | |||||
| Gross margin | % | -306.48% | -306.48% | |||||
| FCF/Sales | % | -645.04% | -645.04% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | -23.11% | +13.75% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 8.63% | 0.00% | |||||
| Dividend Growth | % | - | - | |||||
| Payout Ratio | % | -0.82% | -0.76% | |||||
| FCF/Debt | x | -4.17 | -3.45 | |||||
| Net Debt/EBITDA | x | -0.00 | -0.00 | |||||
| EBIT/Net interest | x | -56.19 | -56.19 | |||||
| Net debt/market cap | % | -14.71% | -34.10% | |||||
| Net debt/Equity | x | -0.26 | -0.07 | |||||
| Gross debt/equity | x | 0.55 | 0.62 | |||||
Company overview
Meta Materials Inc. focuses on pioneering, engineering, and manufacturing innovative functional materials and advanced nanocomposites. The company offers a diverse array of specialized products, including metaAIR, which provides protection against laser glare; NANOWEB, a transparent conductive film; holoOPTIX, a unique holographic optical element; glucoWISE, a device for non-invasive glucose monitoring; and metaSURFACE, a technology that significantly boosts the signal-to-noise ratio in magnetic resonance imaging (MRI) by up to 40-fold. Additionally, Meta Materials develops and produces sophisticated nano-optic structures and color-shifting foils. These are vital for authentication and brand security applications across various industries, such as safeguarding banknotes, protecting secure government documents, and enhancing commercial branding. The firm also actively researches, develops, and manufactures smart materials. Its customer base comprises original equipment manufacturers (OEMs) spanning numerous sectors, including aerospace, automotive, consumer electronics, telecommunications, energy, banknote and brand security, and medical devices. Established in 2007, the company was initially known as Torchlight Energy Resources, Inc. before changing its name to Meta Materials Inc. in June 2021. Its corporate headquarters are situated in Dartmouth, Canada.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Meta Materials Inc. (MMAT)
Meta Materials Inc. focuses on pioneering, engineering, and manufacturing innovative functional materials and advanced nanocomposites. The company offers a diverse array of specialized products, including metaAIR, which provides protection against laser glare; NANOWEB, a transparent conductive film; holoOPTIX, a unique holographic optical element; glucoWISE, a device for non-invasive glucose monitoring; and metaSURFACE, a technology that significantly boosts the signal-to-noise ratio in magnetic resonance imaging (MRI) by up to 40-fold. Additionally, Meta Materials develops and produces sophisticated nano-optic structures and color-shifting foils. These are vital for authentication and brand security applications across various industries, such as safeguarding banknotes, protecting secure government documents, and enhancing commercial branding. The firm also actively researches, develops, and manufactures smart materials. Its customer base comprises original equipment manufacturers (OEMs) spanning numerous sectors, including aerospace, automotive, consumer electronics, telecommunications, energy, banknote and brand security, and medical devices. Established in 2007, the company was initially known as Torchlight Energy Resources, Inc. before changing its name to Meta Materials Inc. in June 2021. Its corporate headquarters are situated in Dartmouth, Canada.
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