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MMAT

Meta Materials Inc

$2.72

Earnings Summary

Revenue
$2.32Mn
Net Profits
$-77.17Mn
Net Profit Margins
-3322.53%

Highlights

Revenue:

Meta Materials Inc’s revenue jumped 60.66% since last year same period to $2.32Mn in the Q4 2023. On a quarterly growth basis, Meta Materials Inc has generated 5.57% jump in its revenue since last 3-months.

Net Profits:

Meta Materials Inc’s net profit fell -407.39% since last year same period to $-77.17Mn in the Q4 2023. On a quarterly growth basis, Meta Materials Inc has generated -783.28% fall in its net profits since last 3-months.

Net Profit Margins:

Meta Materials Inc’s net profit margin fell -215.82% since last year same period to -3322.53% in the Q4 2023. On a quarterly growth basis, Meta Materials Inc has generated -736.68% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Meta Materials Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.03
EPS Estimate Current Year
-0.03

Highlights

EPS Estimate Current Quarter:

Meta Materials Inc’s earning per share (EPS) estimates for the current quarter stand at -0.03 - a 99% jump from last quarter’s estimates.

EPS Estimate Current Year:

Meta Materials Inc’s earning per share (EPS) estimates for the current year stand at -0.03.

Key Ratios

Key ratios of the Meta Materials Inc post its Q4 2023 earnings

Return on Assets (ROA)
-0.15
Return on Equity (ROE)
-1.99

Highlights

Return on Assets (ROA):

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.

Earning Per Share (EPS):

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 -1.99.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-11-13
-0.02
-0.02
0%
2023-08-09
-0.02
-0.02
0%
2023-05-12
-0.04
-0.05
-25%