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Meta Materials Inc

Company price
None USD 0.00(0%)
Last update at 2024-12-25T19:00:59.969737Z
Market Cap
21.83M

Momentum Score

…

Meta Materials Inc. 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 component; and glucoWISE, a non-invasive glucose monitoring. 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. is headquartered in Dartmouth, Canada.

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52 Week Price Range
1.80
Low
28.00
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
0.00
Dividend Yield
-
Revenue TTM
9.83M
Revenue Per Share
1.54
Gross Profit TTM
3.41M
Debt / Equity
0.55
ROE
-197.84%
Net Debt
1.83M
ROCE
-67.56%
Diluted EPS TTM
-65.82

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax -401.58M -84.94M -91.85M -11.80M -8.53M
Net income -398.23M -79.10M -91.00M -11.61M -8.44M
Selling general administrative 24.85M 61.54M 29.70M 6.71M 4.82M
Selling and marketing expenses 4.35M 6.24M 2.27M 1.06M 1.13M
Gross profit -24.04M 7.16M 3.41M 1.12M 0.89M
Reconciled depreciation 13.97M 9.27M 3.49M 2.33M 2.36M
Ebit -24.04M -86.70M -38.06M -9.13M -7.24M
Ebitda -10.56M -77.20M -46.51M -7.77M -4.72M
Depreciation and amortization 13.47M 9.50M -8.45M 1.36M 2.53M
Non operating income net other - -1.50M -52.69M - -0.97M
Operating income -24.04M -86.70M -38.06M -9.13M -7.24M
Other operating expenses 31.88M 96.90M 42.14M 10.25M 8.15M
Interest expense 0.43M 0.40M 1.11M 1.45M 1.14M
Tax provision -7.14M -5.83M -0.85M -0.19M -0.08M
Interest income 1.02M 0.23M 0.02M 0.02M 0.00M
Net interest income 0.02M -0.17M -1.11M -1.43M -1.14M
Non recurring - - - - -1.49M
Income tax expense -3.34M -5.83M -0.85M -0.19M -0.08M
Total revenue 7.84M 10.20M 4.08M 1.12M 0.90M
Total operating expenses 0.00M 93.86M 41.46M 10.25M 8.14M
Cost of revenue 31.88M 3.04M 0.68M 0.00M 0.01M
Total other income expense net 24.04M 1.76M -53.79M -2.68M -1.28M
Net income from continuing ops -336.27M -79.10M -91.00M -11.61M -9.84M
Net income applicable to common shares - -79.10M -91.00M -19.81M -11.08M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 59.16M 408.92M 434.02M 10.23M 40.92M
Intangible assets 18.03M 56.31M 28.97M 4.48M -
Other current assets 1.81M 0.37M 3.45M 0.13M 0.10M
Total liab 36.83M 30.35M 99.32M 19.13M 25.86M
Total stockholder equity 21.94M 378.56M 334.71M -8.90M 15.07M
Deferred long term liab - 3.25M 0.32M - -
Other current liab 9.02M 0.80M 75.52M 1.03M 1.54M
Common stock 0.54M 0.34M 0.26M 0.13M 0.08M
Capital stock 0.54M 0.34M 0.26M 0.13M -
Retained earnings -609.01M -207.50M -128.39M -37.40M -99.15M
Other liab - - 0.96M 1.62M 4.12M
Good will 0.00M 281.75M 240.38M 0.00M -
Other assets - 0.00M - 31.88M -
Cash 10.30M 10.09M 46.65M 1.40M 0.09M
Total current liabilities 23.58M 19.67M 91.64M 12.40M 13.96M
Current deferred revenue 1.05M 0.73M 1.63M 1.24M -
Net debt 1.83M -2.19M -39.05M 10.48M 22.76M
Short term debt 3.24M 1.45M 1.16M 7.19M 10.98M
Short long term debt 0.80M 0.48M 0.49M 7.04M -
Short long term debt total 12.13M 7.90M 7.60M 11.88M 22.85M
Other stockholder equity 635.86M 590.96M 387.64M 29.02M 126.87M
Property plant equipment - 42.67M 27.02M 3.69M 3.25M
Total current assets 17.40M 22.60M 131.38M 2.72M 0.74M
Net tangible assets - 40.50M 65.36M -17.20M -27.70M
Short term investments - 0.00M 2.88M 0.00M -
Net receivables 5.12M 7.12M 1.85M 0.50M 0.55M
Long term debt 2.92M 3.07M 2.74M 4.57M 11.87M
Inventory 0.17M 0.47M 0.27M 0.46M 0.44M
Accounts payable 10.27M 16.69M 13.34M 2.94M 1.44M
Accumulated other comprehensive income -5.46M -5.24M -0.30M -0.66M -12.73M
Common stock total equity - 0.34M 0.26M 0.10M 0.08M
Retained earnings total equity - -207.50M -128.39M - -99.15M
Non currrent assets other - 5.58M 2.87M 24.37M -
Non current assets total 41.77M 386.31M 302.65M 7.51M 40.19M
Capital lease obligations 7.43M 4.34M 4.37M 0.27M -
Long term debt total - 3.07M 2.74M - 11.87M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -6.29M 2.81M -2.89M -2.89M -2.89M
Change to liabilities - - 6.91M -0.54M 1.36M
Total cashflows from investing activities - -19.47M 65.14M 2.89M -1.67M
Net borrowings - -0.55M 14.00M 7.38M 5.96M
Total cash from financing activities 41.60M 46.37M 15.66M 6.33M 5.33M
Change to operating activities - - 4.65M -0.21M -0.14M
Net income -398.23M -79.10M -91.00M -11.61M -8.44M
Change in cash -1.51M -35.62M 46.04M 0.99M -0.22M
Begin period cash flow 11.81M 47.43M 1.40M 0.41M 0.62M
End period cash flow 10.30M 11.81M 47.43M 1.40M 0.41M
Total cash from operating activities -42.22M -62.24M -34.76M -7.93M -4.36M
Issuance of capital stock 38.89M 50.00M 50.00M 0.60M 0.77M
Depreciation 13.52M 9.27M 3.49M 2.33M 2.36M
Other cashflows from investing activities - -22.28M 68.03M - -
Change to inventory -0.37M -0.32M 0.33M -0.11M -0.02M
Change to account receivables -0.05M 0.29M -0.88M 0.06M -0.10M
Sale purchase of stock 0.00M -0.02M 1.29M - 3.63M
Other cashflows from financing activities -4.34M -3.06M 15.62M 5.93M 4.62M
Change to netincome - 9.91M 42.83M 7.60M 1.15M
Capital expenditures 8.37M 19.59M 12.79M 0.66M 1.20M
Change receivables - - - - -0.05M
Cash flows other operating - -2.33M 9.91M - 0.45M
Cash and cash equivalents changes - -35.35M 46.04M - -0.75M
Change in working capital 1.78M -0.35M 4.65M -0.88M 0.78M
Stock based compensation 2.92M 13.18M 1.58M 1.51M 1.29M
Other non cash items 371.50M 0.59M 47.36M 0.92M -0.27M
Free cash flow -50.59M -81.83M -47.55M -8.59M -5.56M

Peer Comparison*

Sector: Technology Industry: Electronic Components

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
APH
Amphenol Corporation
2.95
4.12%
74.59 45.49 34.25 8.09 13.93 8.26 27.70
GLW
Corning Incorporated
2.68
2.59%
106.11 89.92 53.19 9.09 12.03 9.59 40.14
HNHPF
Hon Hai Precision Industry Co Ltd ADR
0.32
2.37%
13.84 16.20 11.34 0.01 1.82 0.35 6.73
MRAAF
Murata Manufacturing Co. Ltd
2.25
7.67%
31.58 59.07 33.56 0.05 4.71 6.76 25.24

Profile*

Meta Materials Inc

Meta Materials Inc. 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 component; and glucoWISE, a non-invasive glucose monitoring. 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. is headquartered in Dartmouth, Canada.

60 Highfield Park Drive, Dartmouth, NS, Canada, B3A 4R9

902 482 5729

103

Name Title Year Born
Dr. George Palikaras Ph.D. Founder, CEO, Pres & Director 1981
Mr. Kenneth L. Rice Jr., J.D., L.L.M., LLM, M.B.A., MBA Exec. VP, CFO & COO 1955
Dr. Jonathan D. Waldern Ph.D. Chief Technology Officer 1961
Dr. Efthymios Kallos Ph.D. Co-Founder & Chief Science Officer NA
Mr. George Francis Chief Information Officer NA
Mr. Mark Komonoski Director of Capital Markets & Investor Relations NA
Mr. Mark Gregory Gosine Q.C. Gen. Counsel 1967
Mr. Robert Warren Stone VP of Corp. Devel. & Communications NA
Mr. Brian Donnelly Exec. VP of Sales NA
Dr. Raj V. Rajaram M.B.A., Ph.D. Chief Marketing Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
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