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MMAT

MMAT - Meta Materials Inc. Stock Price, Fair Value and News

3.36USD-0.20 (-5.62%)Delayed as of 01 May 2024, 03:03 pm ET

Market Summary

MMAT
USD3.36-0.20
Delayedas of 01 May 2024, 03:03 pm
-5.62%

MMAT Stock Price

View Fullscreen

MMAT RSI Chart

MMAT Valuation

Market Cap

23.8M

Price/Earnings (Trailing)

-0.06

Price/Sales (Trailing)

2.99

EV/EBITDA

-0.04

Price/Free Cashflow

-0.56

MMAT Price/Sales (Trailing)

MMAT Profitability

Operating Margin

98.30%

EBT Margin

-5041.35%

Return on Equity

-1.8K%

Return on Assets

-721.06%

Free Cashflow Yield

-177.04%

MMAT Fundamentals

MMAT Revenue

Revenue (TTM)

8.0M

Rev. Growth (Yr)

60.66%

Rev. Growth (Qtr)

5.57%

MMAT Earnings

Earnings (TTM)

-398.2M

Earnings Growth (Yr)

-407.39%

Earnings Growth (Qtr)

-783.28%

Breaking Down MMAT Revenue

52 Week Range

3.53
(Low)(High)

Last 7 days

21.2%

Last 30 days

15.6%

Last 90 days

-7.1%

Trailing 12 Months

-81.3%

How does MMAT drawdown profile look like?

MMAT Financial Health

Current Ratio

0.74

Debt/Equity

0.13

Debt/Cashflow

-14.44

MMAT Investor Care

Shares Dilution (1Y)

43.35%

Diluted EPS (TTM)

-68.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20238.6M7.3M7.1M8.0M
20226.5M9.2M11.0M10.2M
20211.5M1.9M2.2M4.1M
2020676.2K649.5K776.5K944.3K
20191.1M1.1M1.0M902.4K
20182.4M2.0M1.7M1.3M
2017171.1K79.2K1.4M2.8M
20161.3M884.7K518.9K352.4K
20155.3M4.2M2.7M1.6M
20141.6M3.1M4.6M5.5M
20131.2M1.2M1.3M1.2M
2012277.4K530.7K784.0K1.0M
2011024.2K24.2K24.2K
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Tracking the Latest Insider Buys and Sells of Meta Materials Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 20, 2023
hannah ken
acquired
-
-
100,000
-
Dec 20, 2023
karsbo steen
acquired
-
-
100,000
-
Dec 20, 2023
harding john r
acquired
-
-
119,900
-
Dec 20, 2023
christilaw allison
acquired
-
-
100,000
-
Dec 20, 2023
corrales eugenia
acquired
-
-
70,410
-
Dec 20, 2023
morali philippe
acquired
-
-
23,835
-
Dec 20, 2023
joshi vyomesh
acquired
-
-
70,410
-
Nov 22, 2023
sasson uzi
acquired
-
-
2,500,000
ceo
Oct 18, 2023
fusaro james macmillan
acquired
-
-
9,788,290
chief executive officer
Oct 12, 2023
morali philippe
acquired
-
-
457,665
-

1–10 of 50

Which funds bought or sold MMAT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 29, 2024
Hutchens & Kramer Investment Management Group, LLC
sold off
-100
-4,331
-
-%
Apr 29, 2024
Princeton Global Asset Management LLC
new
-
34.00
34.00
-%
Apr 29, 2024
COMMONWEALTH EQUITY SERVICES, LLC
sold off
-100
-1,000
-
-%
Apr 29, 2024
CAPITAL ADVISORS INC/OK
sold off
-100
-2,146
-
-%
Apr 26, 2024
Opus Capital Group, LLC
sold off
-100
-1,000
-
-%
Apr 25, 2024
Allworth Financial LP
new
-
719
719
-%
Apr 25, 2024
Valeo Financial Advisors, LLC
sold off
-100
-1,648
-
-%
Apr 25, 2024
Bank of New York Mellon Corp
sold off
-100
-8,840
-
-%
Apr 25, 2024
Allworth Financial LP
sold off
-100
-1,542
-
-%
Apr 24, 2024
Activest Wealth Management
new
-
58.00
58.00
-%

1–10 of 38

Are Funds Buying or Selling MMAT?

Are funds buying MMAT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MMAT
No. of Funds

Recent SEC filings of Meta Materials Inc.

View All Filings
Date Filed Form Type Document
Apr 29, 2024
10-K/A
Annual Report
Apr 19, 2024
8-K
Current Report
Apr 03, 2024
8-K
Current Report
Mar 28, 2024
10-K
Annual Report
Mar 25, 2024
DEFA14A
DEFA14A
Mar 15, 2024
DEFA14A
DEFA14A
Mar 06, 2024
DEFA14A
DEFA14A
Mar 05, 2024
DEFA14A
DEFA14A
Mar 05, 2024
DEF 14A
DEF 14A
Feb 23, 2024
PRE 14A
PRE 14A

Peers (Alternatives to Meta Materials Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.6T
385.7B
-0.67% 0.44%
26.06
6.82
-0.47% 6.03%
72.5B
12.8B
4.70% 57.99%
35.6
5.65
1.52% 6.35%
28.5B
12.6B
1.27% 0.82%
47.52
2.26
-11.28% -55.18%
26.5B
6.1B
-12.50% 17.83%
30.6
4.32
3.71% 14.65%
12.1B
29.4B
0.14% 38.41%
16.02
0.41
-1.12% -8.06%
MID-CAP
7.1B
837.5M
-2.07% -13.96%
62.96
8.51
-16.75% -47.46%
6.9B
33.1B
-1.34% 10.81%
7.59
0.21
-10.82% -36.63%
5.4B
740.8M
13.05% 33.96%
52.55
7.26
25.07% 42.99%
4.4B
25.6B
-1.51% 18.72%
6.59
0.17
-2.73% -21.96%
2.6B
968.8M
-5.23% 7.18%
28.15
2.7
9.35% 8.73%
SMALL-CAP
1.6B
2.9B
-6.01% 53.81%
19.62
0.57
-8.78% -6.67%
1.1B
2.8B
0.67% 38.64%
16.8
0.38
-1.64% -5.74%
265.3M
1.0B
-22.42% -58.61%
-4.99
0.26
-8.05% -284.36%
32.3M
56.7M
-16.92% 49.35%
-3.8
0.59
-41.04% -726.48%
26.1M
27.6M
-2.70% -34.07%
19.07
0.95
3.62% -35.71%

Meta Materials Inc. News

Latest updates
Yahoo Finance • 28 Mar 2024 • 07:00 am
InvestorsObserver • 26 Mar 2024 • 07:00 am
InvestorsObserver • 08 Mar 2024 • 08:00 am
InvestorPlace • 3 months ago
InvestorPlace • 3 months ago

Meta Materials Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue5.6%2,322,7012,200,1622,030,5241,412,2591,445,7332,456,0123,323,7272,974,6952,289,282572,612624,320596,303451,185198,175210,34484,620283,35671,142237,075310,837389,261
Cost Of Revenue------------14,49216,81723,64480,16267,85892,901117,104113,698127,622210,536
Gross Profit-3.6%1,356,0881,406,4691,257,546671,279762,9361,759,2822,445,7762,195,9831,759,518427,509623,614595,903484,543197,240209,00816,762632,608-45,962123,377183,215178,725
Operating Expenses402.1%82,013,05316,334,912295,946,75719,230,48124,799,98423,935,88022,087,75819,605,03818,895,44512,020,4015,779,8024,768,7353,488,3772,703,4462,667,5103,324,6806,383,901876,780807,4291,702,5409,944,339
  S&GA Expenses-62.4%314,189835,405780,2332,525,4462,827,005874,315951,7501,035,9861,144,885427,004298,871396,594105,326196,276153,9621,047,624-1,431,623849,425665,1601,042,7577,383,853
  R&D Expenses-35.8%3,267,8485,088,5565,059,6146,519,4643,892,1004,967,9974,118,7813,971,1394,267,9711,816,5471,633,6531,779,2561,166,2751,043,915960,430------
EBITDA Margin-4.7%-48.67-46.48-47.15-8.63-7.41-7.85-8.18-9.39-21.37-27.65-28.64-34.24-10.11--------
Interest Expenses8.1%135,655125,4824,522112,998-266,460134,205142,055164,43412,612215,116427,809450,908439,883376,776324,421385,945441,846328,895206,582158,5991,128,146
Income Taxes-549.2%-2,429,403540,843-618,079-296,731-5,686,967-37,208-109,985--665,880-83,657-57,847-44,679-128,020-33,304-10,425--83,549----
Earnings Before Taxes-752.1%-79,061,031-9,277,846-294,271,465-18,965,409-20,896,572-24,512,528-21,092,743-18,434,541-30,196,071-11,508,905-5,941,150-44,203,198-4,785,758-2,614,508-1,827,166-3,693,863-4,708,371-1,251,637-890,634-1,677,874-1,505,213
EBT Margin-4.1%-50.41-48.45-48.83-9.89-8.33-8.53-8.87-10.23-22.50-29.60-30.77-36.70-13.68--------
Net Income-783.3%-77,172,471-8,737,003-293,653,386-18,668,678-15,209,605-24,475,320-20,982,758-18,434,541-29,530,191-11,425,248-5,883,303-44,158,519-4,657,738-2,581,204-1,816,741-3,693,863-4,624,822-1,251,637-890,634-1,677,874-1,505,213
Net Income Margin-5.4%-49.99-47.44-47.93-9.18-7.75-8.46-8.77-10.10-22.29-29.46-30.63-36.55-13.50--------
Free Cashflow54.3%-5,113,796-11,200,831-10,365,211-15,520,162-13,728,283-19,513,110-10,258,202-18,745,199-19,180,911-9,976,149-3,214,376-2,393,475-2,025,524--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-54.6%55.0012212940240948350841443445546156.0046.0036.0034.0034.0041.0044.0041.0041.0038.00
  Current Assets8.8%17.0016.0020.0016.0023.0011313310913121923124.003.002.001.000.001.001.001.002.002.00
    Cash Equivalents5.8%10.009.0014.006.0010.0031.0054.0030.0047.0014115513.001.002.003.001.000.001.000.002.001.00
  Inventory38.0%0.000.000.000.000.000.000.000.000.000.000.00-0.00--------
  Net PPE-59.6%19.0046.0048.0044.0043.0035.0034.0030.0027.008.005.000.003.000.000.000.000.000.000.000.000.00
  Goodwill----28228227935.007.0024028.00213----------
Liabilities17.1%33.0028.0029.0029.0030.0094.0093.0093.0099.0094.0093.0056.0019.0020.0018.0020.0026.0024.0023.0023.0020.00
  Current Liabilities41.1%24.0017.0017.0019.0020.0088.0086.0085.0092.0087.0087.001.0012.0018.0016.004.0014.0023.0023.003.002.00
  Long Term Debt-0.9%3.003.003.003.003.002.002.003.003.003.003.00-3.002.002.00-7.00---6.00
    LT Debt, Current13.1%1.001.001.001.000.001.001.000.000.001.001.00-0.00--------
    LT Debt, Non Current-0.9%3.003.003.003.003.002.002.003.003.003.003.00-3.002.002.00-7.00---6.00
Shareholder's Equity-76.5%22.0093.001003733793894153223353613680.0013.0016.0016.000.0015.0020.0019.0018.0018.00
  Retained Earnings-14.8%-609-530-521-226-207-192-167-146-128-98.86-86.74-113-37.40-107-106-102-99.15-93.13-91.88-90.99-89.31
  Additional Paid-In Capital1.3%63662862660459158858546846345945516929.00123122117114113110109107
Accumulated Depreciation-44.00---10.00----------------
Shares Outstanding16.6%6.005.005.004.004.003.003.003.003.002.002.002.002.00--------
Float---104---372---1,523---28.00---104--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations54.3%-5,113-11,200-10,365-15,520-13,728-19,513-10,258-18,745-19,180-9,976-3,214-2,393-2,025-1,442-4,139-321-4,182-454467-190-10.85
  Share Based Compensation-23.6%213279-2,8072,0023,5882,3903,9163,995721204225427395406478231438196261397124
Cashflow From Investing-108.9%-4084,615-4,800-437-5,669-3,003-11,9361,138-75,419-3,076145,245-1,60553.00-1264,699-2,2125,418-2,053-2,154-2,404-2,830
Cashflow From Financing122.1%5,5692,50722,85410,6648.00-25346,337275796-62311715,3678755032,4292,527-1,3832,8535083,3512,803
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MMAT Income Statement

2023-12-31
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenue:  
Total revenue$ 7,965,646$ 10,200,167
Cost of sales (exclusive of items shown separately below)2,900,2902,426,488
Depreciation and amortization expense included in cost of sales39,32965,234
Stock-based compensation expense included in cost of sales334,645544,468
Gross profit4,691,3827,163,977
Operating expenses:  
Selling & marketing4,346,2265,679,113
General & administrative25,151,09845,413,948
Research & development19,206,12816,508,417
Depreciation & amortization expenses13,483,3809,207,453
Stock-based compensation (recovery) expense(298,528)13,619,729
Restructuring expense3,883,706 
Impairment of long-lived assets65,580,1400
Goodwill impairment282,173,053 
Total operating expenses413,525,20390,428,660
Loss from operations(408,833,821)(83,264,683)
Interest expense, net(378,657)(174,234)
Realized gain (loss) on foreign exchange, net(368,522)35,791
Unrealized gain (loss) on foreign exchange, net1,992,445(2,090,238)
Gain on deconsolidation of wholly-owned subsidiary 3,990,737
Gain on sale of notes receivable6,750,195 
Other expenses, net(737,391)(3,433,757)
Total other income (expense), net7,258,070(1,671,701)
Loss before income taxes(401,575,751)(84,936,384)
Income tax recovery3,344,2135,834,160
Net loss(398,231,538)(79,102,224)
Other comprehensive loss, net of tax  
Unrealized foreign currency translation loss(212,335)(4,945,874)
Total other comprehensive loss(212,335)(4,945,874)
Comprehensive loss$ (398,443,873)$ (84,048,098)
Basic loss per share$ (69.67)$ (24.09)
Diluted loss per share$ (69.67)$ (24.09)
Weighted average number of shares outstanding - basic5,763,4463,283,505
Weighted average number of shares outstanding - diluted5,763,4463,283,505
Product sales [Member]  
Revenue:  
Total revenue$ 117,354$ 1,211,746
Development revenue [Member]  
Revenue:  
Total revenue7,223,1418,650,545
Licensing revenue [Member]  
Revenue:  
Total revenue$ 625,151$ 337,876

MMAT Balance Sheet

2023-12-31
Condensed Consolidated Interim Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 9,723,690$ 10,090,858
Restricted Cash578,4061,720,613
Accounts receivables942,793902,718
Subscription receivables881,100 
Notes receivable, net of allowance for credit loss 2,211,900
Inventory168,747468,027
Prepaid expenses and other current assets5,071,3637,202,099
Due from related parties$ 29,906$ 8,461
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration]us-gaap:RelatedPartyMemberus-gaap:RelatedPartyMember
Total current assets$ 17,396,005$ 22,604,676
Intangible assets, net18,030,30156,313,317
Property, plant and equipment, net18,601,61442,674,699
Operating lease ROU assets1,200,4175,576,824
Goodwill 281,748,466
Total assets55,228,337408,917,982
Current liabilities  
Trade payables10,270,3866,941,498
Accruals and other payables7,249,2919,752,713
Restructuring costs accrual1,182,112 
Current portion of long-term debt801,628483,226
Current portion of deferred revenues1,054,557730,501
Current portion of deferred government assistance590,954799,490
Current portion of funding obligation982,912 
Current portion of operating lease liabilities1,452,863967,126
Total current liabilities23,584,70319,674,554
Deferred revenues419,035479,808
Deferred government assistance391,148319,017
Deferred tax liabilities03,253,985
Long-term operating lease liabilities5,973,6573,375,031
Long-term funding obligation 180,705
Long-term debt2,922,9893,070,729
Total liabilities33,291,53230,353,829
Commitments and contingencies (Note 27)
Stockholders' equity  
Common stock - $0.001 par value; 10,000,000 shares authorized, 5,659,438 shares issued and outstanding at December 31, 2023, and $0.001 par value; 10,000,000 shares authorized, 3,622,479 shares issued and outstanding at December 31, 2022543,046340,425
Additional paid-in capital635,860,437590,962,866
Accumulated other comprehensive loss(5,455,145)(5,242,810)
Accumulated deficit(609,011,533)(207,496,328)
Total stockholders' equity21,936,805378,564,153
Total liabilities and stockholders' equity$ 55,228,337$ 408,917,982
MMAT
Meta Materials Inc., a smart materials and photonics company, develops, manufactures, and sells various functional materials and nanocomposites. The company 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. It 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. In addition, the company develops NPORE, a ceramic nanoporous membrane separator for lithium-ion batteries. 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 2011 and is headquartered in Dartmouth, Canada.
 CEO
 WEBSITEmetamaterial.com
 INDUSTRYConsumer Electronics
 EMPLOYEES239

Meta Materials Inc. Frequently Asked Questions


What is the ticker symbol for Meta Materials Inc.? What does MMAT stand for in stocks?

MMAT is the stock ticker symbol of Meta Materials Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Meta Materials Inc. (MMAT)?

As of Tue Apr 30 2024, market cap of Meta Materials Inc. is 23.84 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MMAT stock?

You can check MMAT's fair value in chart for subscribers.

What is the fair value of MMAT stock?

You can check MMAT's fair value in chart for subscribers. The fair value of Meta Materials Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Meta Materials Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MMAT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Meta Materials Inc. a good stock to buy?

The fair value guage provides a quick view whether MMAT is over valued or under valued. Whether Meta Materials Inc. is cheap or expensive depends on the assumptions which impact Meta Materials Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MMAT.

What is Meta Materials Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 30 2024, MMAT's PE ratio (Price to Earnings) is -0.06 and Price to Sales (PS) ratio is 2.99. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MMAT PE ratio will change depending on the future growth rate expectations of investors.