Meta Materials Inc. (MMAT)

NASDAQ: MMAT · IEX Real-Time Price · USD
2.940
-0.030 (-1.01%)
At close: Mar 1, 2024, 4:00 PM
2.970
+0.030 (1.02%)
After-hours: Mar 1, 2024, 7:59 PM EST
-1.01%
Market Cap 18.94M
Revenue (ttm) 7.09M
Net Income (ttm) -336.27M
Shares Out 467.21M
EPS (ttm) -76.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 131,910
Open 2.970
Previous Close 2.970
Day's Range 2.870 - 3.000
52-Week Range 2.640 - 64.000
Beta 1.52
Analysts n/a
Price Target n/a
Earnings Date Mar 21, 2024

About MMAT

Meta Materials Inc., a smart materials and photonics company, develops, 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 element; glucoWISE, a non-invasive glucose measurement device; and metaSURFACE, which allows an enhancement in signal to noise ratio of up to 40 times for magnetic resonance imaging scans. It also develops and produces nano-optic structures and color-shifting ... [Read more]

Sector Technology
Founded 1987
Employees 239
Stock Exchange NASDAQ
Ticker Symbol MMAT
Full Company Profile

Financial Performance

In 2022, Meta Materials's revenue was $10.20 million, an increase of 149.85% compared to the previous year's $4.08 million. Losses were -$79.10 million, -13.07% less than in 2021.

Financial Statements

News

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...

12 days 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...

19 days 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...

5 weeks 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...

5 weeks 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...

5 weeks 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. ...

7 weeks 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...

2 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...

3 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...

3 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...

3 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...

3 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...

3 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...

4 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...

4 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...

4 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...

4 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. ...

5 months ago - Accesswire

Meta Materials Announces Favorable Ruling in Securities Class Action Lawsuit

HALIFAX, NS / ACCESSWIRE / October 2, 2023 / Meta Materials Inc. (the "Company" or "META") (Nasdaq:MMAT), a global leader in advanced materials and nanotechnology, today announced the U.S. District Co...

5 months ago - Accesswire

Meta Materials and Panasonic Industry Collaborate on Next Generation Transparent Conductive Materials

Leveraging META's patented NANOWEB® designs and Panasonic Industry's proprietary process technology to deliver on new automotive and consumer electronics applications NOVA SCOTIA, CANADA and OSAKA, JA...

5 months ago - Accesswire

Meta Materials Receives $6.2 Million in New Purchase Orders from Its G10 Central Bank Customer

HALIFAX, NS / ACCESSWIRE / September 27, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), a global leader in advanced materials and nanotechnology, today announced that it has been ...

5 months ago - Accesswire

Meta Materials to Launch Global Product Design Services in Authentication, Welcomes Global Expert, Mark Spencer, as new Senior Vice-President

HALIFAX, NS / ACCESSWIRE / September 20, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), a global leader in advanced materials and nanotechnology, today announced the appointment o...

5 months ago - Accesswire

Meta Materials Receives 180-Day Extension to Achieve Nasdaq Minimum Bid Compliance

No Immediate Effect on Nasdaq Listing or Trading of the Company's Common Stock HALIFAX, NS / ACCESSWIRE / September 19, 2023 / Meta Materials Inc. (the "Company" or "META") (Nasdaq:MMAT), a global lea...

5 months ago - Accesswire

Meta Materials Completes $6 Million Common Stock Purchase Agreement with Gregory McCabe

HALIFAX, NS / ACCESSWIRE / September 12, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), a global leader in advanced materials and nanotechnology, today announced that it has enter...

6 months ago - Accesswire

Meta Materials Launches World's First Fully Animated Nano-Optic Banknote Security Product

QUANTUM™ stripe is a revolutionary new product based on META's award-winning KolourOptik® technology HALIFAX, NS / ACCESSWIRE / September 12, 2023 / Meta Materials Inc. (the "Company" or "META") (NASD...

6 months ago - Accesswire

Meta Materials and Lincoln Park Capital Fund Enter into a Common Stock Purchase Agreement for up to $50 Million

The agreement allows META to sell shares to Lincoln Park over a 30-month period at the Company's sole discretion HALIFAX, NS / ACCESSWIRE / September 11, 2023 / Meta Materials Inc. (the "Company" or "...

6 months ago - Accesswire