Meta Materials Past Earnings Performance
Past criteria checks 0/6
Meta Materials's earnings have been declining at an average annual rate of -71.2%, while the Semiconductor industry saw earnings growing at 20.7% annually. Revenues have been growing at an average rate of 38.8% per year.
Key information
-71.2%
Earnings growth rate
-39.4%
EPS growth rate
| Semiconductor Industry Growth | 27.7% |
| Revenue growth rate | 38.8% |
| Return on equity | -2,111.1% |
| Net Margin | -3,972.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Meta Materials makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 10 | -390 | 23 | 17 |
| 31 Dec 23 | 8 | -402 | 29 | 19 |
| 30 Sep 23 | 7 | -338 | 42 | 16 |
| 30 Jun 23 | 7 | -354 | 49 | 19 |
| 31 Mar 23 | 9 | -79 | 60 | 18 |
| 31 Dec 22 | 10 | -79 | 65 | 17 |
| 30 Sep 22 | 11 | -93 | 60 | 20 |
| 30 Jun 22 | 9 | -80 | 56 | 13 |
| 31 Mar 22 | 6 | -65 | 45 | 12 |
| 31 Dec 21 | 4 | -91 | 32 | 9 |
| 30 Sep 21 | 2 | -67 | 20 | 6 |
| 30 Jun 21 | 2 | -58 | 11 | 6 |
| 31 Mar 21 | 1 | -54 | 9 | 5 |
| 31 Dec 20 | 1 | -12 | 8 | 4 |
| 30 Sep 20 | 1 | -8 | 7 | 3 |
| 30 Jun 20 | 1 | -8 | 7 | 2 |
| 31 Mar 20 | 1 | -8 | 6 | 1 |
| 31 Dec 19 | 1 | -8 | 6 | 4 |
| 30 Sep 19 | 1 | -7 | 5 | 0 |
| 31 Dec 18 | 1 | -4 | 3 | 0 |
| 31 Dec 17 | 2 | -7 | 6 | 1 |
Quality Earnings: MMAT.Q is currently unprofitable.
Growing Profit Margin: MMAT.Q is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MMAT.Q is unprofitable, and losses have increased over the past 5 years at a rate of 71.2% per year.
Accelerating Growth: Unable to compare MMAT.Q's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MMAT.Q is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-3.9%).
Return on Equity
High ROE: MMAT.Q has a negative Return on Equity (-2111.06%), as it is currently unprofitable.