Meta Materials Inc. (MMAT)

NASDAQ: MMAT · IEX Real-Time Price · USD
2.400
-0.040 (-1.64%)
At close: May 7, 2024, 4:00 PM
2.410
+0.010 (0.42%)
After-hours: May 7, 2024, 7:59 PM EDT
-1.64%
Market Cap 1.12B
Revenue (ttm) 7.97M
Net Income (ttm) -398.23M
Shares Out 467.21M
EPS (ttm) -69.67
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 242,850
Open 2.440
Previous Close 2.440
Day's Range 2.300 - 2.500
52-Week Range 1.800 - 29.000
Beta 1.45
Analysts n/a
Price Target n/a
Earnings Date May 21, 2024

About MMAT

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, t... [Read more]

Sector Technology
Founded 1987
Employees 103
Stock Exchange NASDAQ
Ticker Symbol MMAT
Full Company Profile

Financial Performance

In 2023, Meta Materials's revenue was $7.97 million, a decrease of -21.91% compared to the previous year's $10.20 million. Losses were -$398.23 million, 403.4% more than in 2022.

Financial Statements

News

Levi & Korsinsky, LLP Notifies Shareholders of Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. (MMAT) an Upcoming Claims Deadline in a Class Action Settlement

NEW YORK, NY / ACCESSWIRE / May 7, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Meta Materials Inc. f/k/a Torchlight Ener...

8 hours ago - Accesswire

Meta Materials Announces Workforce Reduction

HALIFAX, NS / ACCESSWIRE / May 3, 2024 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced that the Company's Board of Dire...

4 days ago - Accesswire

Levi & Korsinsky, LLP Notifies Shareholders of Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. (MMAT) an Upcoming Claims Deadline in a Class Action Settlement

NEW YORK, NY / ACCESSWIRE / May 2, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Meta Materials Inc. f/k/a Torchlight Ener...

5 days ago - Accesswire

Levi & Korsinsky, LLP Notifies Shareholders of Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. - (MMAT) an Upcoming Claims Deadline in a Class Action Settlement

NEW YORK, NY / ACCESSWIRE / April 18, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Meta Materials Inc. f/k/a Torchlight E...

19 days ago - Accesswire

Meta Materials Schedules Corporate Update Webcast

HALIFAX, NS / ACCESSWIRE / March 28, 2024 / Meta Materials Inc. (the "Company" or "META") (Nasdaq:MMAT), an advanced materials and nanotechnology company, today announced that the Company will host a ...

5 weeks ago - Accesswire

NEXT BRIDGE HYDROCARBONS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Next Bridge Hydrocarbons, Inc., a spin-off from Meta Materials, Inc. (OTC PINK: MMTLP), Investors with Losses Should Contact the Firm!

NEW YORK--(BUSINESS WIRE)-- #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed agai...

5 weeks ago - Business Wire

NEXT BRIDGE HYDROCARBONS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Next Bridge Hydrocarbons, Inc., a spin-off from Meta Materials, Inc. (MMTLP), Investors with Substantial Losses Contact the Firm!

NEW YORK--(BUSINESS WIRE)-- #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed agai...

6 weeks ago - Business Wire

Meta Materials Releases Letter to Shareholders Regarding Upcoming Special Meeting

HALIFAX, NS / ACCESSWIRE / March 6, 2024 / Meta Materials Inc. (the "Company" or "META") (Nasdaq:MMAT), an advanced materials and nanotechnology company, today released the following message to shareh...

2 months ago - Accesswire

Meta Materials Announces Pricing of $3.4 Million Registered Direct Offering Priced At-the-Market

HALIFAX, NS / ACCESSWIRE / February 20, 2024 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced that it has entered into a...

2 months ago - Accesswire

Meta Materials Regains Compliance with Nasdaq Listing Requirements

HALIFAX, NS / ACCESSWIRE / February 13, 2024 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced it received notice from Th...

3 months ago - Accesswire

Meta Materials Announces Preliminary Results for The Fourth Quarter 2023

Fourth quarter 2023 revenue up 55% from the prior year comparable period Operating expenses down 35% compared to the fourth quarter of 2022, excluding non-cash asset impairment Cash and cash equivalen...

3 months ago - Accesswire

Meta Materials Announces Distribution of Series C Preferred Stock to Holders of its Common Stock

HALIFAX, NS / ACCESSWIRE / January 23, 2024 / Meta Materials Inc. (the "Company" or "META") (Nasdaq:MMAT), an advanced materials and nanotechnology company, today announced that its Board of Directors...

3 months ago - Accesswire

Meta Materials Announces 1-for-100 Reverse Stock Split to Regain Nasdaq Compliance

HALIFAX, NS / ACCESSWIRE / January 23, 2024 / Meta Materials Inc. (the "Company" or "META") (Nasdaq:MMAT), an advanced materials and nanotechnology company, today announced that it intends to effect a...

3 months ago - Accesswire

Meta Materials Announces Proposed SEC Settlement

HALIFAX, NS / ACCESSWIRE / January 11, 2024 / Meta Materials Inc. (the "Company" or "META") (Nasdaq:MMAT), an advanced materials and nanotechnology company, today announced a proposed SEC settlement. ...

4 months ago - Accesswire

Meta Materials Announces Proposed Class Actions Settlement

HALIFAX, NS / ACCESSWIRE / December 21, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced a proposed settlement in t...

4 months ago - Accesswire

Meta Materials Releases Board Letter to Shareholders

HALIFAX, NS / ACCESSWIRE / December 8, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today released the following message to sha...

5 months ago - Accesswire

Meta Materials Clarifies Potential Impacts of Reverse Stock Split Proposal

HALIFAX, NS / ACCESSWIRE / December 5, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today provided some clarification of the po...

5 months ago - Accesswire

Meta Materials Announces $6.0 Million Registered Direct Offering

HALIFAX, NS / ACCESSWIRE / December 4, 2023 / Meta Materials Inc. (the "Company" or "META") (Nasdaq:MMAT), an advanced materials and nanotechnology company, today announced that it has entered into de...

5 months ago - Accesswire

Meta Materials Receives Two International Hologram Manufacturers Association -IHMA Awards

QUANTUM™ stripe chosen as Best Origination and Best in Show at the 2023 IHMA Awards HALIFAX, NS / ACCESSWIRE / November 27, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advan...

5 months ago - Accesswire

Meta Materials Announces Financial Results for the Third Quarter 2023

Third quarter 2023 revenue up quarter over quarter, supported by stronger product mix and partnerships Operating expenses down 32% from the prior year comparable period $8.3 million in purchase orders...

6 months ago - Accesswire

Meta Materials to Showcase Wide Area Motion Imagery System at Dubai Air Show

VLEPSIS® technology expected to be the world's first commercially available multi-gigapixel WAMI system HALIFAX, NS / ACCESSWIRE / November 8, 2023 / Meta Materials Inc. (the "Company" or "META") (Nas...

6 months ago - Accesswire

Meta Materials Announces Results from Strategic Restructuring, Focus on Growth Priorities

HALIFAX, NS / ACCESSWIRE / November 7, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced preliminary positive cost c...

6 months ago - Accesswire

Meta Materials Appoints Ms. Jennifer Cheraso as Chief Human Resources Officer

HALIFAX, NS / ACCESSWIRE / October 23, 2023 / Meta Materials Inc. (the "Company" or "META") (Nasdaq:MMAT), a leader in advanced materials and nanotechnology, today announced the appointment of Ms. Jen...

7 months ago - Accesswire

Meta Materials Appoints Seasoned Executive, Jim Fusaro, as New CEO to Drive Next Stage of Growth

HALIFAX, NS / ACCESSWIRE / October 17, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced that its Board of Directors...

7 months ago - Accesswire

Meta Materials Appoints Tech Industry Veteran, Philippe Morali to its Board of Directors

HALIFAX, NS / ACCESSWIRE / October 10, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), a leader in advanced materials and nanotechnology, today announced that it has appointed Mr. ...

7 months ago - Accesswire