Meta Materials Inc. (MMAT)

NASDAQ: MMAT · IEX Real-Time Price · USD
2.380
+0.170 (7.69%)
At close: Mar 27, 2024, 4:00 PM
2.398
+0.018 (0.76%)
After-hours: Mar 27, 2024, 7:59 PM EDT
7.69%
Market Cap 14.24M
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 174,339
Open 2.180
Previous Close 2.210
Day's Range 2.160 - 2.380
52-Week Range 1.800 - 53.000
Beta 1.43
Analysts n/a
Price Target n/a
Earnings Date May 10, 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

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...

1 day 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...

7 days 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...

21 days 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...

5 weeks 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...

6 weeks 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...

2 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...

2 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...

2 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. ...

2 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...

3 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...

4 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...

4 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...

4 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...

4 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...

5 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...

5 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...

5 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...

5 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. ...

6 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...

6 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...

6 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 ...

6 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...

6 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...

6 months ago - Accesswire