Meta Materials Inc. invents, designs, develops, and manufactures various functional materials and nanocomposites. Its 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. The company 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, as well as engages in the research, development, and manufacture of smart materials. Its customers are OEM providers in various industries, including aerospace, automotive, consumer electronics, communications, energy, banknote and brand security, and medical devices. The company was formerly known as Torchlight Energy Resources, Inc. and changed its name to Meta Materials Inc. in June 2021. Meta Materials Inc. was incorporated in 2007 and is headquartered in Dartmouth, Canada.
Revenue of Meta Materials Inc. (MMAT)
Revenue in 2023 (TTM): $7.84 M
According to Meta Materials Inc.'s latest financial reports the company's current revenue (TTM) is $7.84 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Meta Materials Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $7.84 M | $-24,036,863 | $-10,564,700 | $-401,575,751 | $-398,231,538 |
| 2022 | $10.2 M | $7.16 M | $-77,197,283 | $-84,936,384 | $-79,102,224 |
| 2021 | $4.08 M | $3.41 M | $-46,505,413 | $-91,849,324 | $-90,997,261 |
| 2020 | $1.12 M | $1.12 M | $-7,767,110 | $-11,804,969 | $-11,611,259 |
| 2019 | $902.41 K | $893.24 K | $-4,715,705 | $-8,528,516 | $-8,444,967 |
| 2018 | $1.28 M | $476.2 K | $-5,258,902 | $-5,806,612 | $-6,314,904 |
| 2017 | $570.5 K | $397.31 K | $-573,860 | $-919,910 | $1.86 M |
| 2016 | $354.39 K | $25.95 K | $-7,411,509 | $-7,684,346 | $-8,037,675 |
| 2015 | $1.63 M | $820.23 K | $-41,359,451 | $-43,252,878 | $-68,951,480 |
| 2014 | $5.54 M | $4.29 M | $-9,029,142 | $-15,809,603 | $-16,233,870 |
| 2013 | $1.3 M | $861.38 K | $-5,813,117 | $-10,418,662 | $-9,758,603 |
| 2012 | $1.04 M | $537.19 K | $-2,445,568 | $-2,808,803 | $-2,808,791 |
| 2011 | $24.15 K | $-1,121 | $-1,873,053 | $-1,968,192 | $-2,062,790 |
| 2010 | $ | $ | $ | $ | $ |
| 2009 | $ | $ | $ | $ | $ |