Recent MMATQ transcripts
Associated MMATQ filings
| Mark Komonoski | Integrous Communications |
| George Palikaras | President and CEO |
| Kenneth Rice | CFO and COO |
Good morning, ladies and gentlemen, and welcome to the Meta Materials Inc. call to discuss Q1 Financial Year 2022 Results. My name is Mark Komonoski with Integrous Communications. Meta’s Investor Relation Advisor, and I will be introducing management on today's call. A replay of today's presentation will be available via the link provided in Meta’s press release announcing the webcast and on the IR calendar in the Investors section of the Meta website Joining me on today's call are Mr. Founding CEO; Meta’s Mr. PhD, Palikaras, President and and George and Ken COO Rice, Meta’s CFO. we Ken an start QX today's will On call, with oil gas XXXX highlights the financial financial Rice and on providing update and assets. year the reviewing market summarize chain, platform presence. Palikaras global in technology position Meta’s George the opportunity, Then, and will value expanding line the the George some regarding updates and Pleasanton, operational will scale first business progress pilot facilities, at global a Meta’s expanding of roll-to-roll California facility. production provide company's report nano-optic on NANOWEB security products some which details platform. vacuum Meta’s on Plasma Review the recent technology added coating of acquisition broad App, fusion proprietary plasma to An update key of recent an on some overview rapidly efforts. Meta’s Meta’s expanding property and portfolio, additions marketing and intellectual executive sales, growing development business
materially of I today, as as of Act would Securities remind caution activities company of strategies, with the and information Securities Exchange benefits statements, development, intend Section the the forward-looking our described Act a risk analysis to these results, year reflect business as We announcement required cause the actual regarding meaning and involve filed reported the forward-looking our these XXXX. from business, statements, further Private on its include plans with press QX of Litigation call differ Meta's they in to can of respect forward-looking the XXXX Reform and XX-Q and of statements today's reliance law. to Act QX XXE we factors financial detailing may filed statements QX risk uncertainties on statements Securities the update only, undue to you put this to link to as and the and by release have XXXX, XXXX, in within that include or the Any with statements those we meaning amended, anticipated investment of to of the except capacity. a SEC. made plans XXA manufacturing for forward-looking not distributed you Canadian which the as amended, operational by expansion Section or results our of we product like including of development, company XXXX no company and Letter to the them and begin, its of we duty the Yesterday and presentation a Shareholders, XXXX, today Laws Before Securities product as
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today. time attention Thank appreciate morning you, We everyone. good your and Mark and
Company with OEMs. but with for revenue. provide highlights to XXXX grew most GXX volume over bank from growing for I’ll Now is million customers compared its pursuing a a significant And on quarter, for programs multiple contribution results. for portion Meta first revenue platform our year-over-year central we for the $X a multiyear total applications ’XX. an financial QX a of early moving bank. product contracts nano-optic generates its in the relay’s majority stage a markets. central toward months. from production our QX the is few include dollar several they account development $XXX,XXX revenue business revenue approximately expect and ’XX, security multimillion QX of XX In a of contract Development to XXX% in confidential next work company, of few Meta the revenue, GXX
used for million QX outstanding and consulting compensation, of depreciation For million approximately that in $XXX,XXX $X.X Net or million $X.X our interest totaled of equivalents included assets approximately $XX.X on and for operations X.X million per several cash other compared $X.XX non-cash million stock-based items and the included non-cash $XX.X including shares. ’XX, same million, ’XX. $XXX first At was to net loss about expenses million ‘XX totaled share $XXX,XXX restricted expenses non-cash million of quarter, of the of of used as quarter in $XX.X the for of amortization, liabilities. quarter first $X and well Operating ‘XX, of the expense. and in QX $X.X million operating and cash as lease cash. That cash the end
and loans cash for is fund debt, and California from commercialization additional free million research online. Atlantic needs come operations expansion our meet of as and may begins period to sufficient the business. extent of on expenditure capital including growth capital $X.X various timing company in ongoing raise believes -- products, have that interest the on the factors, period The capital Future R&D, and Canadian company requirements fund our production may that need its from depend expand to our required capital We to Canada. will our of facilities the and except the activities. our spending in support capacity Halifax and to investments capital no vary many materially existing of and its to development working to
important central a an trend in presentation, the we our to contract will March, in now. orders additional of received stock continue and provided we A development first customer $X.X on higher. special the the under describe At the later the George quarter end other As bank update I'll preferred confidential with points Series in few million review bookings dividend.
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been morning, Good a providing be gentlemen. you, Thank It's another ladies to today. update you Ken. I'm very delighted busy quarter. and
partners. since since happening results, a the year general give Although fiscal then. about Meta, just our we on weeks our are seven what's Meta’s around it you been to both XXXX driven know, has has I These for market been solutions by continue the we opportunities update segments. there exciting At meet some several to create announced trends. as and only to wanted us market sustainable developments you and excite developing megatrends opportunities very megatrends world
for that We with our are help address less. global Meta Two of about vehicle the XG seeking Fundamental you're cetera. XG materials, by more largest are have reason is but initiative, by make have than blocked shorter we investment than prior deployed close promise higher in years. absorbed the last wirelessly, networks see; Think electrification, which more the supply at $X chain and world growing a the required remarkable environment. now easily challenges, drivers ranges This market example, speed speeds several XG happen. being building to higher any XXXX. broadband rates $X object is be of trillion signals which frequency all number et doing windows, in enormous infrastructure and glass XG is are right across generation, Materials and trillion to they to and which one your this to
but a Now winning have these already is Meta’s on if Vehicle you there a and chains only Chemical issues not for vehicles help huge to solution transportation. The building, a shift from we address just them. the to propagation major make vehicles sustainable major go component that the to material vehicles, the a with the other require big Sekisui XG. inside supply in with XG for electrification problem even represents reflector will and to support partnership investments, raw capacity not down announced. side award shift every electric conventional
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scales. and If you Then vertical and our where towards the nano anybody have software to low are AI Tier design testing a is driven acquired We number materials than to proprietary very we we take our mentioned, towards moving invented technology, patterning X design at and have at large we products customers. and becoming solutions look print one, I trusted designs quickly, more integrated assembly way as we them all And else. design faster a cost integration, this innovate can we this platform, technologies. at
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one-stop a want supply optimal expand technology supply you problems so to our users. problems create shop, not end in cost. are in meet you to the quality, continue customer Customers for capabilities create when create And We that chains problems platform are demand. diversified chains
materials development. deliver glare more to lithography low cost nanometers several including roll-to-roll our record Electron Lithography a nano having of first protection ability focusing and reproduction a for print we the which with product, added will key acquisition, of this scale Since assembled So products for added capabilities mask Nanoimprint for services. on pilots. associated with business. medical in our for Sensing holographic value software materials. and foundation laser Last roll-to-roll system this the with for down year to enables of with strikes for and resolution, Meta rolling for hardware, was with production our laser become potential is large we growth be applications Nanotech have Wireless metals. the complete technology with Glucowise, a forms We area lithography market. few example, more a which alone then, had Beam becoming large
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prospective demonstrations can't I overstate or I importance the to one and geographies and more the will personally of presently provide applications single cost where higher growing this This scaling and support OEM them these customers already, our building forward have will location Meta are own we number every look independent to and their demonstrator per as but additional of in microwave We enable customers day and areas. I the the of for a units NANOWEB ovens. to larger new square testing volume decline. Meta up will meters mentioned these
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a tool. is platform unique to PLASMAfusion technology summarize, So patented
XX have This to compared patents, in documents other XXX patent issued patents Patent X. least US on to of design at issued XXX year also for families March NANOWEB patent QX Mata’s versus XXX for IP with include support technology yet utility issued increased patents. competitiveness another active products, In numerous now and to have will the ‘XX major one our XXX milestone opportunities. patents, internal and compared patents which and it nono-optic expect markets but key X reached portfolio. processes future include open security We XXX and have XX new design improve we XX, We XX issued A fiscal report XX is our last countries. our platform including quarter. and issued
support founder services the leading executives are capture to distribution cyber of growth opportunities Meta’s range George positions. Let's the and App in decades multiple talk future. order field. a experience ensure Meta company is software generated the added He will IP compliance service. years Mr. and all to Officer. XX potential little is a Francis executives full of in new and market systems industries, Plasma Francis data bring medical Information a and about building as growing our of the organization, organizations. needs over vertical joined different and He that systems team In bit Meta’s the and monetize field range brings larger in in to a who the of by design top with of a security. addition created another platform Dmitry, technology our potential retail, in opportunity manufacturing, products, April, our architecture of two world-class regulatory and the the emerging from a imaging successful in senior Meta Chief especially is of as experience we recruiting and we including our
will XXX growth compliance. are implemented a that as and a regulatory asset We In practices multiple protection for our integrated personnel, managed confident his organization. and and best support solutions, he acquisitions last position George of team IT data global Francis
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and will personnel. and proximity in verticals a another provide addition, are adding of government targeted in strategic defense, new In pool us Maryland, to location office we aerospace which skilled
in team also So I just that executives to we on to expanding mentioned, our and marketing key conclude, efforts. sales are and our development business the addition
meeting are international continues busy see, to global conferences, of the where As audiences customers, very about has QX lot and demonstrating participating, been technology trade a our we speaking you at also shows, very busy with the QX of can and us benefits keep events. and
now, are where me scaling keeps Number large is Materials and we provide by for and we expanding with matter expand team where property have five, of So PLASMAfusion we're And summarize portfolio Number production. one, kind competitive we as not three, Komonoski. vertically the call applications your a our our last let lower you we attention Number and multiple and integrate to grow and integrated. end are a Meta now assembled going. we a to intellectual multinational I subject continue will Number for but this of megatrends. rapidly are and durable are two, much should to we more breakthrough capacity least, advantage. expert. we growing, platform four, technology. continue driven a manufacturing back markets, area cost will Thank Number our becoming first and time Mark broader pass very morning. developing
everyone appreciate you joining Thank your George. interest today. in you, Thank for us Meta. We
at today's concludes email questions, reach you If This ir@metamaterial.com. by presentation. us any have you can
Goodbye.
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