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META MATERIALS INC. (TRCH)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K/A10-K/A10-K10-K10-K10-K
        Gain on sale of investments, net   -40.5-0.8-0.3    
Total non-interest income   -40.5-0.8-0.3    
Pre-tax income before non-recurring items  -84.9-91.8-11.8-8.5-5.31.4-7.3-17.6
Non-recurring items      0.5 0.425.7
Asset impairment       2.3  
Pre-tax income  -84.9-91.8-11.8-8.5-5.8-0.9-7.7-43.3
Income taxes  5.80.9-0.2-0.10.00.00.00.0
            Tax rate    1.6%1.0%0.0%0.0%0.0%0.0%
Net income  -79.1-91.0-11.6-8.4-5.8-0.9-7.7-43.3
            Net margin  -775.5%-2229.0%-1034.7%-935.8%-452.8%-161.2%-2168.3%-2646.6%
   
Basic EPS  ($0.24)($0.39)($0.08)($0.17)($0.09)($0.02)($0.18)($1.55)
Diluted EPS  ($0.24)($0.39)($0.08)($0.17)($0.09)($0.02)($0.18)($1.55)
   
Shares outstanding (basic)  328.4232.9137.350.068.159.643.127.9
Shares outstanding (diluted)  328.4232.9137.350.068.159.643.127.9
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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