Filed for bankruptcy in Oct 2024
MMAT - Meta Materials Inc.
NASDAQ
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Technology
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Electronic Components
Dartmouth,
Canada
Type: Equity
MMAT price evolution
MMAT
| (in millions $) | 1 May 2024 | 31 Jan 2024 | 30 Oct 2023 | 30 Jul 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $6.4 | $9.72 | $9.2 | $13.96 |
| Short term investments | ||||
| Net receivables | $2.05 | $1.82 | $1.7 | $1.58 |
| Inventory | $0.12 | $0.17 | $0.1 | $0.48 |
| Total current assets | $10.72 | $17.4 | $16 | $19.83 |
| Long term investments | ||||
| Property, plant & equipment | $18.7 | $19.8 | $54.4 | $55.12 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | ||||
| Total assets | $46.36 | $55.23 | $121.8 | $128.86 |
| Current liabilities | ||||
| Accounts payable | $9.7 | $10.27 | $10.7 | $11.66 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $18.58 | $23.58 | $16.7 | $16.76 |
| Long term debt | $2.96 | $2.92 | $2.9 | $3.18 |
| Total noncurrent liabilities | ||||
| Total debt | ||||
| Total liabilities | $28.03 | $33.29 | $28.4 | $28.61 |
| Shareholders' equity | ||||
| Retained earnings | -$616.52 | -$609.01 | -$530.6 | -$521.84 |
| Other shareholder equity | -$4.65 | -$5.46 | -$4.6 | -$4.48 |
| Total shareholder equity | ||||
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Jan 2022 | 31 Jan 2021 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $9.72 | $10.09 | $46.65 | $0.13 |
| Short term investments | ||||
| Net receivables | $1.82 | $3.11 | $1.84 | $0.25 |
| Inventory | $0.17 | $0.47 | $0.27 | |
| Total current assets | $17.4 | $22.6 | $131.38 | $0.52 |
| Long term investments | ||||
| Property, plant & equipment | $19.8 | $48.25 | $33.3 | $30.86 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $31.88 | |||
| Total investments | ||||
| Total assets | $55.23 | $408.92 | $434.02 | $32.4 |
| Current liabilities | ||||
| Accounts payable | $10.27 | $16.69 | $13.34 | $1.18 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $23.58 | $19.67 | $91.64 | $2.9 |
| Long term debt | $2.92 | $3.25 | $3.01 | $13.5 |
| Total noncurrent liabilities | $16.86 | |||
| Total debt | ||||
| Total liabilities | $33.29 | $30.35 | $99.32 | $19.75 |
| Shareholders' equity | ||||
| Retained earnings | -$609.01 | -$207.5 | -$128.39 | -$111.94 |
| Other shareholder equity | -$5.46 | -$5.24 | -$0.3 | |
| Total shareholder equity | ||||
| (in millions $) | 1 May 2024 | 31 Jan 2024 | 30 Oct 2023 | 30 Jul 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3.27 | $2.32 | $2.2 | $2.03 |
| Cost of revenue | ||||
| Gross Profit | $2.54 | $1.36 | $1.41 | $1.26 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | ||||
| Total operating expenses | $8.22 | $14.83 | $15.53 | $12.3 |
| Operating income | ||||
| Income from continuing operations | ||||
| EBIT | ||||
| Income tax expense | -$1.89 | -$0.54 | -$0.62 | |
| Interest expense | -$1.56 | $1.49 | -$1.57 | $1.16 |
| Net income | ||||
| Net income | -$7.51 | -$77.17 | -$8.74 | -$293.65 |
| Income (for common shares) | ||||
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Jan 2022 | 31 Jan 2021 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $7.97 | $10.2 | $4.08 | $0.19 |
| Cost of revenue | ||||
| Gross Profit | $4.69 | $7.16 | $3.41 | $0 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | ||||
| Total operating expenses | $61.89 | $90.43 | $41.46 | $9.57 |
| Operating income | -$9.38 | |||
| Income from continuing operations | ||||
| EBIT | ||||
| Income tax expense | -$3.34 | -$5.83 | -$0.85 | |
| Interest expense | $1.25 | -$2.23 | -$1.31 | $1.24 |
| Net income | ||||
| Net income | -$398.23 | -$79.1 | -$91 | -$12.78 |
| Income (for common shares) | ||||
| (in millions $) | 1 May 2024 | 31 Jan 2024 | 30 Oct 2023 | 30 Jul 2023 |
|---|---|---|---|---|
| Net income | ||||
| Operating activities | ||||
| Depreciation | ||||
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | ||||
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | ||||
| Total cash flows from investing | $0.03 | -$1.03 | -$0.62 | -$5.24 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | ||||
| Total cash flows from financing | $2.65 | $41.6 | $36.03 | $33.52 |
| Effect of exchange rate | -$0.1 | $0.15 | $0.06 | $0.26 |
| Change in cash and equivalents | -$3.34 | -$1.51 | -$1.62 | $2.66 |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Jan 2022 | 31 Jan 2021 |
|---|---|---|---|---|
| Net income | -$12.78 | |||
| Operating activities | ||||
| Depreciation | ||||
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | -$1.35 | |||
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | ||||
| Total cash flows from investing | -$1.03 | -$19.47 | $65.14 | -$5.8 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | ||||
| Total cash flows from financing | $41.6 | $46.37 | $15.66 | $7.19 |
| Effect of exchange rate | $0.15 | -$0.27 | $0 | |
| Change in cash and equivalents | -$1.51 | -$35.62 | $46.04 | $0.04 |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 6.68M |
| Revenue | $9.83M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | -$387.07M |
| Revenue Q/Q | 33.24% |
| Revenue Y/Y | N/A |
| P/E ratio | 0.00 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | 0.96 |
| EPS | -$57.98 |
|---|---|
| ROA | -439.54% |
| ROE | N/A |
| Debt/Equity | N/A |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.58 |
| Quick ratio | 0.57 |