Earnings Summary

Meta Materials Inc’s revenue fell -38.91% since last year same period to $2.03Mn in the Q2 2023. On a quarterly growth basis, Meta Materials Inc has generated 43.78% jump in its revenue since last 3-months.

Meta Materials Inc’s net profit fell -1299.5% since last year same period to $-293.65Mn in the Q2 2023. On a quarterly growth basis, Meta Materials Inc has generated -1472.97% fall in its net profits since last 3-months.

Meta Materials Inc’s net profit margin fell -2190.81% since last year same period to -14461.95% in the Q2 2023. On a quarterly growth basis, Meta Materials Inc has generated -994.03% fall in its net profit margins since last 3-months.

Meta Materials Inc’s earning per share (EPS) estimates for the current quarter stand at -0.04 - a 33.33% jump from last quarter’s estimates.

Meta Materials Inc’s earning per share (EPS) estimates for the current year stand at -0.04.

Meta Materials Inc’s earning per share (EPS) jumped 100% since last year same period to 0 in the Q1 2023. This indicates that the Meta Materials Inc has generated 100% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Meta Materials Inc’s return on assets (ROA) stands at -0.15.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Meta Materials Inc’s return on equity (ROE) stands at -1.37.