Meta Materials Inc (MMAT) Annual Income Statement

Annual · GAAP · USD millions
Access MMAT quarterly income statements →
From Meta Materials Inc through Dec 31 2019, changes in Dec 31 2023's revenue and cost structure provide insight into profitability trends.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2023)
2023
(Dec 31 2022) (Dec 31 2021) (Dec 31 2020) (Dec 31 2019)
Revenues
Total Revenue7.97
Costs & Expenses
Cost of Goods and Services Sold0.04
Gross Profit4.69
Selling, Administration, Marketing29.50
Depreciation & Amortization13.48
Research and Development Expense19.21
Restructuring Charges69.46
Other Operating Expense / -Income285.11
Total operating costs including COS416.80
Operating income / -loss-408.83
Interest Expense0.38
Interest Income0.00
Net Interest (-)Expense / Income-0.38
Extinguishment of Debt0.00
Gain (Loss) on Derivative Instruments, Net, Pretax0.00
Foreign Currency Transaction (Gain) Loss1.99
Other loss / -income-9.63
Total costs & expenses409.54
Income & Taxes
Income / -loss before income taxes-401.58
Income taxes expenses / -benefit-3.34
Income after income taxes-398.23
Net income / -loss of other equity0.00
Income / -loss from continuing operations-398.23
Preferred dividends0.00
Net income / -loss-398.23
Income / -loss to shareholder-401.52
EBIT-401.20
EBITD-387.67
EBITDA-387.67
Earnings Per Share
Basic EPS (excl. extra items)-69.67
Basic Net EPS-69.67
Basic shares outstanding (Mill. of Units)576.34
Diluted Net EPS-69.67
Diluted average shares (Mill. of Units)576.34
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About MMAT Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.