The company has issued more shares over this period, which dilutes each existing shareholder’s stake.
Diluted shares outstanding: 2.8M (2019) → 5.8M (2023)
Meta Materials Inc. previously functioned as a specialized firm, pioneering developments in advanced materials science and nanotechnology. Its core business involved engineering functional materials and complex nanocomposites for a diverse array of industries, such as aviation, vehicle manufacturing, personal electronic devices, and renewable energy.
When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.
+131.7% YoY
YoY Growth Rate
Revenue accelerating
+76.1% YoY
YoY Growth Rate
EPS growth accelerating
$19M/ year
↑ Rising (+16% vs prior year)
241.1% of revenue
16.1x the sector average (15%)
Investing heavily in future products and technology
~3 months
$6M cash & investments
Quarterly Free Cash Flow
↑ Burn rate improving
Short runway — potential dilution ahead through share issuance
Meta Materials grew revenue 132% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.
The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.
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Negative ROIC means the business is losing money on every dollar invested in it.
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Free cash flow is negative. They are burning cash, not generating it.
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See every metric, trend, and what it means for this stock.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
