Meta Materials Stock (NASDAQ:MMAT)


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$0.53

52W Range

$0.41 - $24.54

50D Avg

$2.03

200D Avg

$3.70

Market Cap

$3.52M

Avg Vol (3M)

$301.98K

Beta

1.28

Div Yield

-

MMAT Company Profile


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.

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Industry

Hardware, Equipment & Parts

Sector

Technology

Exchange

NASDAQ

ADR

-

Country

CA

Employees

103

IPO Date

Nov 08, 2010

Website

MMAT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 22Dec 21
Product Sale$1.21M$407.91K
Contract Revenue$8.81M$3.43M
Development Revenue$8.99M$3.67M
Other Development Revenue$179.30K$246.66K

Fiscal year ends in Dec 23 | Currency in USD

MMAT Financial Summary


Dec 23Dec 22Dec 21
Revenue$7.84M$10.20M$4.08M
Operating Income$-24.04M$-86.70M$-38.06M
Net Income-$-79.10M$-91.00M
EBITDA$-10.56M$-77.20M$-46.51M
Basic EPS-$-0.24$-0.39
Diluted EPS-$-0.24$-0.39

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 22Nov 10, 22 | 12:55 PM
Q2 22Aug 10, 22 | 12:31 PM
Q1 22May 11, 22 | 10:32 AM

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