Cash flow Matternet, Inc.

Stocks

MTTN

US5770991041

Market Closed - OTC Markets			5-day change	1st Jan Change
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08-19

Matternet, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2026

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Published financial data: MATTERNET, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2024 (USD)	2025 (USD)
Revenues	543K	393K
Total Revenues	543K	393K
Cost of Goods Sold, Total	906K	598K
Gross Profit	-363K	-205K
Selling General & Admin Expenses, Total	5.14M	4.94M
R&D Expenses	3.41M	3M
Other Operating Expenses, Total	8.55M	7.94M
Operating Income	-8.92M	-8.14M
Interest Expense, Total	-2.73M	-5.71M
Net Interest Expenses	-2.73M	-5.71M
Other Non Operating Income (Expenses)	-1.25M	-18.7M
EBT, Excl. Unusual Items	-12.89M	-32.55M
Other Unusual Items	-	1.57M
EBT, Incl. Unusual Items	-12.89M	-30.98M
Income Tax Expense	3.65K	8.49K
Earnings From Continuing Operations	-12.9M	-30.99M
Net Income to Company	-12.9M	-30.99M
Net Income - (IS)	-12.9M	-30.99M
Net Income to Common Incl Extra Items	-12.9M	-30.99M
Net Income to Common Excl. Extra Items	-12.9M	-30.99M
Per Share Items
Net EPS - Basic	-2.34	-5.55
Basic EPS - Continuing Operations	-2.34	-5.55
Basic Weighted Average Shares Outstanding	5.52M	5.59M
Net EPS - Diluted	-2.34	-5.55
Diluted EPS - Continuing Operations	-2.34	-5.55
Diluted Weighted Average Shares Outstanding	5.52M	5.59M
Normalized Basic EPS	-1.46	-3.64
Normalized Diluted EPS	-1.46	-3.64
Supplemental Items
EBITDA	-8.47M	-7.97M
EBITA	-8.92M	-8.14M
EBIT	-8.92M	-8.14M
Effective Tax Rate - (Ratio)	-0.03	-0.03
Normalized Net Income	-8.06M	-20.34M
Supplemental Operating Expense Items
Selling and Marketing Expenses	222K	220K
General and Administrative Expenses	4.92M	4.72M
Research And Development Expense From Footnotes	3.41M	3M
Stock-Based Comp., R&D Exp. (Total)	249K	212K
Stock-Based Comp., G&A Exp. (Total)	855K	450K
Total Stock-Based Compensation	1.1M	662K

Fiscal Period: September	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	1.41M	294K
Total Cash And Short Term Investments	1.41M	294K
Accounts Receivable, Total	7.44K	60K
Total Receivables	7.44K	60K
Prepaid Expenses	319K	600K
Total Current Assets	1.74M	955K
Gross Property Plant And Equipment	2.05M	2.48M
Accumulated Depreciation	-1.02M	-1.19M
Net Property Plant And Equipment	1.02M	1.3M
Other Long-Term Assets, Total	3.81K	55.07K
Total Assets	2.77M	2.31M
Liabilities
Accounts Payable, Total	201K	537K
Accrued Expenses, Total	1.1M	377K
Short-term Borrowings	-	4.18M
Current Portion of Long-Term Debt	5.53M	-
Current Portion of Leases	254K	577K
Unearned Revenue Current, Total	-	126K
Other Current Liabilities	6.3M	615K
Total Current Liabilities	13.39M	6.41M
Long-Term Debt	1.47M	-
Long-Term Leases	-	104K
Other Non Current Liabilities	27.86K	-
Total Liabilities	14.89M	6.51M
Preferred Stock Convertible	83.32M	116M
Total Preferred Equity	83.32M	116M
Common Stock, Total	552	632
Additional Paid In Capital	4.22M	10.73M
Retained Earnings	-99.66M	-131M
Total Common Equity	-95.44M	-120M
Total Equity	-12.12M	-4.2M
Total Liabilities And Equity	2.77M	2.31M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.52M	6.32M
ECS Total Common Shares Outstanding	5.52M	6.32M
Book Value / Share	-17.29	-18.97
Tangible Book Value	-95.44M	-120M
Tangible Book Value Per Share	-17.29	-18.97
Total Debt	7.26M	4.86M
Net Debt	5.84M	4.56M
Account Code - Inventory Valuation	-	3
Machinery, Total	1.01M	1.2M

Fiscal Period: September	2024 (USD)	2025 (USD)
Net Income	-12.9M	-30.99M
Depreciation & Amortization - CF	834K	590K
Depreciation & Amortization, Total	834K	590K
Amortization of Deferred Charges, Total - (CF)	2.06M	4.67M
(Gain) Loss From Sale Of Asset	244K	78.73K
Stock-Based Compensation (CF)	1.1M	662K
Other Operating Activities, Total	1.44M	17.82M
Change In Accounts Receivable	250K	-52.56K
Change In Accounts Payable	-50.7K	336K
Change in Unearned Revenues	-282K	126K
Change in Other Net Operating Assets	603K	-184K
Cash from Operations	-6.7M	-6.94M
Capital Expenditure	-131K	-84.65K
Cash from Investing	-131K	-84.65K
Short Term Debt Issued, Total	-	4.18M
Long-Term Debt Issued, Total	1.58M	400K
Total Debt Issued	1.58M	4.58M
Issuance of Common Stock	-	8.92K
Issuance of Preferred Stock	-	1.34M
Other Financing Activities, Total	-49.84K	-21.5K
Cash from Financing	1.53M	5.9M
Net Change in Cash	-5.3M	-1.12M
Supplemental Items
Cash Interest Paid	4.74K	499K
Levered Free Cash Flow	-	-9.1M
Unlevered Free Cash Flow	-	-10.2M
Change In Net Working Capital	-	6.28M
Net Debt Issued / Repaid	1.58M	4.58M

Fiscal Period: September	2024 (USD)	2025 (USD)
Profitability
Return on Assets	-	-200.41
Return on Total Capital	-	242
Return On Equity %	-	379.7
Return on Common Equity	-	28.78
Margin Analysis
Gross Profit Margin %	-66.8	-52.16
SG&A Margin	947.26	1.26K
EBITDA Margin %	-1.56K	-2.03K
EBITA Margin %	-1.64K	-2.07K
EBIT Margin %	-1.64K	-2.07K
Income From Continuing Operations Margin %	-2.38K	-7.89K
Net Income Margin %	-2.38K	-7.89K
Net Avail. For Common Margin %	-2.38K	-7.89K
Normalized Net Income Margin	-1.48K	-5.18K
Levered Free Cash Flow Margin	-	-2.32K
Unlevered Free Cash Flow Margin	-	-2.6K
Asset Turnover
Asset Turnover	-	0.15
Fixed Assets Turnover	-	0.34
Receivables Turnover (Average Receivables)	-	11.65
Short Term Liquidity
Current Ratio	0.13	0.15
Quick Ratio	0.11	0.06
Operating Cash Flow to Current Liabilities	-0.5	-1.08
Days Sales Outstanding (Average Receivables)	-	31.34
Average Days Payable Outstanding	-	225.62
Long Term Solvency
Total Debt/Equity	-59.9	-115.56
Total Debt / Total Capital	-149.4	742.66
LT Debt/Equity	-12.16	-2.46
Long-Term Debt / Total Capital	-30.33	15.83
Total Liabilities / Total Assets	537.59	282.06
EBIT / Interest Expense	-3.27	-1.42
EBITDA / Interest Expense	-3.1	-1.39
(EBITDA - Capex) / Interest Expense	-3.15	-1.41
Total Debt / EBITDA	-0.86	-0.61
Net Debt / EBITDA	-0.69	-0.57
Total Debt / (EBITDA - Capex)	-0.84	-0.6
Net Debt / (EBITDA - Capex)	-0.68	-0.57
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-27.67
Gross Profit, 1 Yr. Growth %	-	-43.52
EBITDA, 1 Yr. Growth %	-	-5.9
EBITA, 1 Yr. Growth %	-	-8.7
EBIT, 1 Yr. Growth %	-	-8.7
Earnings From Cont. Operations, 1 Yr. Growth %	-	140.26
Net Income, 1 Yr. Growth %	-	140.26
Normalized Net Income, 1 Yr. Growth %	-	152.46
Diluted EPS Before Extra, 1 Yr. Growth %	-	137.48
Accounts Receivable, 1 Yr. Growth %	-	706.48
Net Property, Plant and Equip., 1 Yr. Growth %	-	26.85
Total Assets, 1 Yr. Growth %	-	-16.64
Tangible Book Value, 1 Yr. Growth %	-	25.65
Common Equity, 1 Yr. Growth %	-	25.65
Cash From Operations, 1 Yr. Growth %	-	3.56
Capital Expenditures, 1 Yr. Growth %	-	-35.55