Meta Materials Inc. (MMAT) Financials

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$0.53

north_east NA Past Year
Day's range
$0.5
Day's range
$0.65

MMAT Income statement / Annual

Last year (2023), Meta Materials Inc.'s total revenue was $7.84 M, a decrease of 23.11% from the previous year. In 2023, Meta Materials Inc.'s net income was -$398.23 M. See Meta Materials Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015 FY-2014
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Operating Revenue $7.84 M $10.20 M $4.08 M $1.12 M $902,410.00 $1.28 M $570,499.00 $354,390.00 $1.63 M $5.54 M
Cost of Revenue $31.88 M $3.04 M $675,973.00 $3,254.00 $9,172.00 $806,158.00 $173,187.00 $328,438.00 $814,078.00 $1.25 M
Gross Profit -$24.04 M $7.16 M $3.41 M $1.12 M $893,238.00 $476,204.00 $397,312.00 $25,952.00 $820,230.00 $4.29 M
Gross Profit Ratio -3.06 0.7 0.83 1 0.99 0.37 0.7 0.07 0.5 0.77
Research and Development Expenses $19.21 M $22.64 M $9.50 M $4.10 M $3.83 M $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $24.85 M $61.54 M $29.70 M $6.71 M $4.82 M $4.05 M $3.65 M $6.45 M $15.55 M $10.16 M
Selling & Marketing Expenses $4.35 M $6.24 M $2.27 M $1.06 M $1.13 M $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $31.00 M $67.79 M $31.97 M $7.77 M $5.95 M $4.05 M $3.65 M $6.45 M $15.55 M $10.16 M
Other Expenses $3.00 $3.43 M -$11.94 M -$1.63 M -$1.63 M $1.17 M $100,156.00 $636,426.00 $930,934.00 $2.74 M
Operating Expenses $3.00 $93.86 M $41.46 M $10.25 M $8.14 M $5.23 M $3.75 M $7.08 M $16.48 M $12.89 M
Cost And Expenses $31.88 M $96.90 M $42.14 M $10.25 M $8.15 M $6.03 M $3.93 M $7.41 M $17.30 M $14.15 M
Interest Income $1.02 M $229,083.00 $18,940.00 $16,854.00 $585.00 $0.00 $0.00 $0.00 $0.00 $0.00
Interest Expense $427,756.00 $403,317.00 $1.11 M $1.45 M $1.14 M $547,710.00 $346,050.00 $272,837.00 $1.89 M $6.78 M
Depreciation & Amortization $13.52 M $10.88 M $3.93 M $2.33 M $4.39 M -$508,292.00 $2.78 M -$353,329.00 -$25.70 M -$424,267.00
EBITDA -$401.92 M -$72.38 M -$46.51 M -$8.43 M -$5.03 M -$5.26 M -$573,860.00 -$7.41 M -$41.36 M -$9.03 M
EBITDA Ratio -1.35 -7.57 -11.39 -6.92 -5.23 -4.1 -1.01 -20.91 -25.31 -1.63
Operating Income Ratio -3.06 -8.5 -9.32 -8.13 -8.03 -3.7 -5.88 -19.92 -9.58 -1.55
Total Other Income/Expenses Net -$377.54 M -$1.67 M -$53.79 M -$1.05 M -$1.28 M -$100,318.00 $2.34 M -$626,166.00 -$27.59 M -$7.20 M
Income Before Tax -$401.58 M -$84.94 M -$91.85 M -$11.80 M -$8.53 M -$5.81 M -$919,910.00 -$7.68 M -$43.25 M -$15.81 M
Income Before Tax Ratio -51.2 -8.33 -22.5 -10.52 -9.45 -4.53 -1.61 -21.68 -26.47 -2.85
Income Tax Expense -$3.34 M -$5.83 M -$852,063.00 -$193,710.00 -$83,549.00 $508,292.00 -$2.78 M $353,329.00 $25.70 M $424,267.00
Net Income -$398.23 M -$79.10 M -$91.00 M -$11.61 M -$8.44 M -$6.31 M $1.86 M -$8.04 M -$68.95 M -$16.23 M
Net Income Ratio -50.78 -7.75 -22.29 -10.35 -9.36 -4.92 3.26 -22.68 -42.19 -2.93
EPS -69.1 -24.09 -39.07 -4.09 -17 -69.01 -89.85 -0.19 -4.21 -1.03
EPS Diluted -69.1 -24.09 -39.07 -4.09 -16.88 -69.01 -89.85 -0.19 -4.21 -1.03
Weighted Average Shares Out $5.76 M $3.28 M $2.33 M $2.84 M $496,762.00 $91,506.00 $73,840.00 $43,122.00 $16,372.00 $15,728.00
Weighted Average Shares Out Diluted $5.76 M $3.28 M $2.33 M $2.84 M $500,151.00 $91,507.00 $73,841.00 $43,122.00 $16,372.00 $15,728.00
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