Meta Materials Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	9.83	7.97	10.2	4.08	1.12	0.9
Revenue Growth (YoY)	13.75%	-21.91%	149.85%	263.80%	24.35%	-22.32%
Cost of Revenue	3.23	3.23	2.97	0.68	0	0.01
Gross Profit	6.59	4.73	7.23	3.41	1.12	0.89
Selling, General & Admin	24.68	29.5	51.09	31.97	7.77	5.95
Research & Development	16.81	19.21	16.51	9.5	4.1	3.83
Operating Expenses	50.91	61.93	90.49	41.46	11.88	9.77
Operating Income	-44.32	-57.2	-83.26	-38.06	-10.76	-8.88
Interest Expense	-0.47	-0.43	-0.4	-1.13	-1.45	-1.14
Interest & Investment Income	-	0.35	0.1	0.02	0.02	0
Currency Exchange Gain (Loss)	-0.11	1.62	-2.05	-0.21	-0.26	-0.32
Other Non Operating Income (Expenses)	-0.06	-1.04	-3.3	-52.92	0.65	1.8
EBT Excluding Unusual Items	-44.97	-56.69	-88.93	-92.29	-11.8	-8.53
Merger & Restructuring Charges	-4.15	-3.88	-	-	-	-
Impairment of Goodwill	-282.17	-282.17	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	3.99	-	-	-
Asset Writedown	-65.58	-65.58	-	-	-	-
Other Unusual Items	6.75	6.75	-	0.44	-	-
Pretax Income	-390.12	-401.58	-84.94	-91.85	-11.8	-8.53
Income Tax Expense	-3.05	-3.34	-5.83	-0.85	-0.19	-0.08
Net Income	-387.07	-398.23	-79.1	-91	-11.61	-8.44
Preferred Dividends & Other Adjustments	3.28	3.28	-	-	-	-
Net Income to Common	-390.35	-401.52	-79.1	-91	-11.61	-8.44
Shares Outstanding (Basic)	6	6	3	2	1	1
Shares Outstanding (Diluted)	6	6	3	2	1	1
Shares Change (YoY)	82.85%	75.53%	40.98%	69.68%	174.43%	446.57%
EPS (Basic)	-61.12	-69.67	-24.09	-39.07	-8.46	-16.88
EPS (Diluted)	-61.12	-69.67	-24.09	-39.07	-8.46	-17.00
Free Cash Flow	-39.41	-50.59	-81.83	-46.42	-8.48	-5.51
Free Cash Flow Per Share	-6.17	-8.78	-24.92	-19.93	-6.18	-11.02
Gross Margin	67.09%	59.39%	70.87%	83.44%	99.71%	98.98%
Operating Margin	-451.08%	-718.05%	-816.31%	-932.22%	-958.52%	-983.75%
Profit Margin	-3972.82%	-5040.59%	-775.50%	-2228.95%	-1034.70%	-935.82%
Free Cash Flow Margin	-401.14%	-635.10%	-802.26%	-1137.05%	-756.03%	-611.00%
EBITDA	-33.05	-43.67	-73.99	-34.57	-8.43	-6.52
D&A For EBITDA	11.27	13.52	9.27	3.49	2.33	2.36
EBIT	-44.32	-57.2	-83.26	-38.06	-10.76	-8.88
Revenue as Reported	9.83	7.97	10.2	4.08	1.12	0.9

Updated May 13, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.