Meta Materials Inc. (MMAT)
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]
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 StatementsNews
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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. ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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. ...