Cash flow Matterport, Inc.

Equities

MTTR

US5770961002

Software

Market Closed - Nasdaq Other stock markets 16:00:00 2024-09-06 EDT			5-day change	1st Jan Change
4.180 ^USD	-0.48%		-7.73%	+55.39%

08-06	Earnings Flash (MTTR) MATTERPORT Reports Q2 Loss $-0.02, vs. Street Est of $-0.02	MT
08-06	Earnings Flash (MTTR) MATTERPORT Reports Q2 Revenue $42.2M, vs. Street Est of $44.4M	MT

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Published financial data: MATTERPORT, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	46.01M	85.88M	111M	136M	158M
Total Revenues	46.01M	85.88M	111M	136M	158M
Cost of Goods Sold, Total	23.86M	37.94M	51.2M	84.28M	86.9M
Gross Profit	22.15M	47.94M	59.97M	51.85M	70.84M
Selling General & Admin Expenses, Total	35.35M	41.79M	152M	241M	214M
R&D Expenses	17.2M	17.71M	55.38M	85.02M	66.36M
Other Operating Expenses, Total	52.54M	59.5M	208M	326M	281M
Operating Income	-30.4M	-11.56M	-148M	-274M	-210M
Interest Expense, Total	-1.48M	-1.5M	-676K	-	-
Interest And Investment Income	229K	19K	1.81M	6.28M	6.41M
Net Interest Expenses	-1.25M	-1.48M	1.14M	6.28M	6.41M
Other Non Operating Income (Expenses)	-189K	55K	-49.01M	25.99M	21K
EBT, Excl. Unusual Items	-31.84M	-12.99M	-196M	-242M	-204M
Restructuring Charges	-	-	-	-	-4.3M
Merger & Related Restructuring Charges	-	-	-600K	-1.6M	-
Gain (Loss) On Sale Of Investments	-	-	-1.37M	-2.92M	8.92M
Other Unusual Items	-55K	-955K	-141M	136M	-
EBT, Incl. Unusual Items	-31.9M	-13.94M	-338M	-110M	-199M
Income Tax Expense	65K	77K	-217K	1.24M	184K
Earnings From Continuing Operations	-31.96M	-14.02M	-338M	-111M	-199M
Net Income to Company	-31.96M	-14.02M	-338M	-111M	-199M
Net Income - (IS)	-31.96M	-14.02M	-338M	-111M	-199M
Net Income to Common Incl Extra Items	-31.96M	-14.02M	-338M	-111M	-199M
Net Income to Common Excl. Extra Items	-31.96M	-14.02M	-338M	-111M	-199M
Per Share Items
Net EPS - Basic	-4.23	-1.76	-2.58	-0.39	-0.66
Basic EPS - Continuing Operations	-4.23	-1.76	-2.58	-0.39	-0.66
Basic Weighted Average Shares Outstanding	7.55M	7.97M	131M	284M	301M
Net EPS - Diluted	-4.23	-1.76	-2.58	-0.39	-0.66
Diluted EPS - Continuing Operations	-4.23	-1.76	-2.58	-0.39	-0.66
Diluted Weighted Average Shares Outstanding	7.55M	7.97M	131M	284M	301M
Normalized Basic EPS	-2.64	-1.02	-0.93	-0.53	-0.42
Normalized Diluted EPS	-2.64	-1.02	-0.93	-0.53	-0.42
Supplemental Items
EBITDA	-26.17M	-6.78M	-142M	-261M	-207M
EBITA	-30.4M	-11.56M	-148M	-274M	-208M
EBIT	-30.4M	-11.56M	-148M	-274M	-210M
EBITDAR	-24.27M	-4.28M	-140M	-258M	-206M
Total Revenues (As Reported)	46.01M	85.88M	111M	136M	158M
Effective Tax Rate - (Ratio)	-0.2	-0.55	0.06	-1.13	-0.09
Current Domestic Taxes	3K	8K	22K	-	-
Current Foreign Taxes	62K	69K	146K	1.19M	305K
Total Current Taxes	65K	77K	168K	1.19M	305K
Deferred Domestic Taxes	-	-	-	-323K	-
Deferred Foreign Taxes	-	-	-385K	374K	-121K
Total Deferred Taxes	-	-	-385K	51K	-121K
Normalized Net Income	-19.9M	-8.12M	-122M	-151M	-127M
Interest on Long-Term Debt	1.2M	1.3M	700K	-	-
Supplemental Operating Expense Items
Advertising Expense	6.6M	4.1M	10.5M	17.3M	8.9M
Selling and Marketing Expenses	6.6M	4.1M	10.5M	17.3M	8.9M
Research And Development Expense From Footnotes	17.2M	17.71M	55.38M	96.22M	84.2M
Net Rental Expense, Total	1.9M	2.5M	1.8M	2.1M	1.9M
Imputed Operating Lease Interest Expense	-	2.22M	-	-	-
Imputed Operating Lease Depreciation	-	284K	-	-	-
Stock-Based Comp., COGS (Total)	32K	135K	3.08M	5.41M	3.28M
Stock-Based Comp., R&D Exp. (Total)	427K	624K	25.69M	34.98M	26.9M
Stock-Based Comp., SG&A Exp. (Total)	1.37M	1.75M	71.83M	108M	88.6M
Total Stock-Based Compensation	1.83M	2.5M	101M	148M	119M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	8.42M	51.85M	140M	117M	82.9M
Short Term Investments	-	-	265M	356M	305M
Total Cash And Short Term Investments	8.42M	51.85M	404M	473M	388M
Accounts Receivable, Total	1.51M	3.92M	10.88M	20.84M	16.92M
Total Receivables	1.51M	3.92M	10.88M	20.84M	16.92M
Inventory	2.39M	4.63M	5.59M	11.06M	9.12M
Prepaid Expenses	1.29M	1.47M	16.31M	13.08M	8.64M
Restricted Cash	1.73M	400K	468K	-	-
Total Current Assets	15.34M	62.27M	438M	518M	423M
Gross Property Plant And Equipment	15.64M	20.65M	32.37M	63.21M	80.9M
Accumulated Depreciation	-7.67M	-12.44M	-18.25M	-30.14M	-47.81M
Net Property Plant And Equipment	7.97M	8.21M	14.12M	33.07M	33.1M
Long-term Investments	-	-	264M	3.96M	34.83M
Goodwill	-	-	-	69.59M	69.59M
Other Intangibles, Total	-	-	-	10.89M	9.12M
Loans Receivable Long-Term	-	-	1.11M	-	-
Deferred Charges Long-Term	400K	800K	1.6M	4.4M	7M
Other Long-Term Assets, Total	519K	569K	989K	547K	671K
Total Assets	24.23M	71.85M	719M	640M	577M
Liabilities
Accounts Payable, Total	2.89M	3.43M	12.23M	8.33M	7.59M
Accrued Expenses, Total	509K	3.21M	3.45M	5.95M	4.6M
Current Portion of Long-Term Debt	6.75M	8.22M	-	-	-
Current Portion of Leases	-	-	-	1.27M	1.28M
Current Income Taxes Payable	1.52M	1.16M	1.06M	1.67M	1.11M
Unearned Revenue Current, Total	2.15M	4.61M	11.07M	16.73M	23.29M
Other Current Liabilities	1.1M	2.62M	5.52M	15.03M	6.36M
Total Current Liabilities	14.92M	23.25M	33.33M	48.98M	44.23M
Long-Term Debt	7.63M	4.5M	-	-	-
Long-Term Leases	-	-	-	-	206K
Unearned Revenue Non Current	227K	297K	874K	1.2M	3.14M
Other Non Current Liabilities	102K	335K	417M	6.3M	290K
Total Liabilities	22.88M	28.38M	451M	56.48M	47.87M
Preferred Stock Convertible	111M	164M	-	-	-
Total Preferred Equity	111M	164M	-	-	-
Common Stock, Total	8K	10K	25K	29K	31K
Additional Paid In Capital	5.87M	9.15M	738M	1.17B	1.31B
Retained Earnings	-116M	-130M	-468M	-579M	-778M
Comprehensive Income and Other	36K	135K	-1.54M	-5.03M	403K
Total Common Equity	-110M	-121M	268M	584M	529M
Total Equity	1.35M	43.47M	268M	584M	529M
Total Liabilities And Equity	24.23M	71.85M	719M	640M	577M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	7.55M	9.46M	281M	291M	311M
ECS Total Common Shares Outstanding	7.55M	9.46M	250M	291M	310M
Book Value / Share	-14.52	-12.75	1.07	2.01	1.71
Tangible Book Value	-110M	-121M	268M	503M	451M
Tangible Book Value Per Share	-14.52	-12.75	1.07	1.73	1.45
Total Debt	14.38M	12.72M	0	1.27M	1.48M
Net Debt	5.95M	-39.13M	-404M	-472M	-387M
Debt Equivalent Oper. Leases	15.2M	20M	14.4M	16.8M	15.2M
Account Code - Inventory Valuation	-	5	5	5	5
Inventories - Raw Materials, Total	595K	889K	3.26M	5.47M	2.11M
Inventories - Work In Process, Total	945K	2.22M	2.04M	3.48M	826K
Inventories - Finished Goods, Total	361K	538K	295K	2.11M	6.18M
Machinery, Total	1.79M	1.79M	2.68M	4.3M	4.44M
Full Time Employees	-	221	485	590	438
Accumulated Allowance for Doubtful Accounts (Supple)	337K	799K	291K	1.21M	1.16M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-31.96M	-14.02M	-338M	-111M	-199M
Depreciation & Amortization - CF	4.22M	4.78M	5.82M	13.3M	737K
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	1.8M
Depreciation & Amortization, Total	4.22M	4.78M	5.82M	13.3M	2.54M
Amortization of Deferred Charges, Total - (CF)	200K	223K	135K	-	16.9M
(Gain) Loss on Sale of Investments - (CF)	-	-	1.37M	4.02M	-8.92M
Stock-Based Compensation (CF)	1.83M	2.5M	101M	148M	119M
Provision and Write-off of Bad Debts	356K	846K	222K	1.24M	601K
Other Operating Activities, Total	215K	951K	189M	-158M	1.96M
Change In Accounts Receivable	-968K	-3.26M	-7.17M	-9.61M	3.32M
Change In Inventories	440K	-1.73M	-1.95M	-6.48M	-3.83M
Change In Accounts Payable	-240K	616K	8.81M	-5.24M	-745K
Change in Unearned Revenues	716K	2.52M	7.6M	5.98M	8.5M
Change in Other Net Operating Assets	-1.64M	2.98M	-5.31M	-709K	1.26M
Cash from Operations	-26.83M	-3.6M	-38.81M	-119M	-58.71M
Capital Expenditure	-553K	-30K	-810K	-1.73M	-139K
Cash Acquisitions	-	-	-	-51.87M	-4.12M
Sale (Purchase) of Intangible assets	-4.32M	-4.85M	-7.2M	-12.59M	-9.76M
Investment in Marketable and Equity Securities, Total	-	-	-533M	161M	33.56M
Other Investing Activities, Total	-	-	-1M	-	-
Cash from Investing	-4.87M	-4.88M	-542M	95.18M	19.54M
Long-Term Debt Issued, Total	6M	14.76M	-	-	-
Total Debt Issued	6M	14.76M	-	-	-
Long-Term Debt Repaid, Total	-4.13M	-8.05M	-13.07M	-	-
Total Debt Repaid	-4.13M	-8.05M	-13.07M	-	-
Issuance of Common Stock	466K	1.54M	78.68M	34.62M	5.12M
Repurchase of Common Stock	-	-438K	-	-34.42M	-329K
Issuance of Preferred Stock	31.86M	43.69M	-	-	-
Other Financing Activities, Total	-26K	-1.04M	603M	76K	-
Cash from Financing	34.17M	50.46M	668M	277K	4.8M
Foreign Exchange Rate Adjustments	107K	117K	-83K	249K	154K
Net Change in Cash	2.58M	42.1M	87.74M	-22.86M	-34.23M
Supplemental Items
Cash Interest Paid	1.27M	1.07M	753K	-	-
Cash Income Tax Paid (Refund)	24K	52K	80K	651K	780K
Levered Free Cash Flow	-	-2.19M	1.24M	-21.06M	2.65M
Unlevered Free Cash Flow	-	-1.47M	1.53M	-21.06M	2.65M
Change In Net Working Capital	-	-3.36M	4.54M	-2.65M	-5.56M
Net Debt Issued / Repaid	1.87M	6.71M	-13.07M	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-	-15.04	-23.35	-25.18	-21.55
Return on Total Capital	-	-20.1	-56.95	-40.12	-23.52
Return On Equity %	-	-62.57	-216.96	-26.13	-35.77
Return on Common Equity	-	12.17	-458.5	-26.13	-35.77
Margin Analysis
Gross Profit Margin %	48.14	55.82	53.94	38.09	44.91
SG&A Margin	76.83	48.66	137.05	176.83	135.93
EBITDA Margin %	-56.89	-7.9	-127.68	-191.43	-131.48
EBITA Margin %	-66.07	-13.46	-132.92	-201.2	-131.95
EBIT Margin %	-66.07	-13.46	-132.92	-201.2	-133.09
Income From Continuing Operations Margin %	-69.46	-16.33	-304.08	-81.79	-126.2
Net Income Margin %	-69.46	-16.33	-304.08	-81.79	-126.2
Net Avail. For Common Margin %	-69.46	-16.33	-304.08	-81.79	-126.2
Normalized Net Income Margin	-43.25	-9.45	-109.99	-110.93	-80.63
Levered Free Cash Flow Margin	-	-2.55	1.11	-15.47	1.68
Unlevered Free Cash Flow Margin	-	-1.71	1.37	-15.47	1.68
Asset Turnover
Asset Turnover	-	1.79	0.28	0.2	0.26
Fixed Assets Turnover	-	10.62	9.96	5.77	4.77
Receivables Turnover (Average Receivables)	-	31.63	15.02	8.58	8.35
Inventory Turnover (Average Inventory)	-	10.81	11.08	10.12	8.61
Short Term Liquidity
Current Ratio	1.03	2.68	13.13	10.57	9.56
Quick Ratio	0.67	2.4	12.46	10.08	9.16
Operating Cash Flow to Current Liabilities	-1.8	-0.15	-1.16	-2.42	-1.33
Days Sales Outstanding (Average Receivables)	-	11.57	24.3	42.53	43.7
Days Outstanding Inventory (Average Inventory)	-	33.87	32.93	36.06	42.37
Average Days Payable Outstanding	-	28.82	53.77	41.8	34.19
Cash Conversion Cycle (Average Days)	-	16.63	3.46	36.79	51.87
Long Term Solvency
Total Debt/Equity	1.07K	29.26	-	0.22	0.28
Total Debt / Total Capital	91.42	22.63	-	0.22	0.28
LT Debt/Equity	565.6	10.36	-	-	0.04
Long-Term Debt / Total Capital	48.52	8.01	-	-	0.04
Total Liabilities / Total Assets	94.43	39.5	62.71	8.82	8.29
EBIT / Interest Expense	-20.51	-7.7	-218.59	-	-
EBITDA / Interest Expense	-17.66	-4.52	-209.98	-	-
(EBITDA - Capex) / Interest Expense	-18.03	-4.54	-211.17	-	-
Total Debt / EBITDA	-0.55	-1.87	-	-0	-0.01
Net Debt / EBITDA	-0.23	5.77	2.85	1.82	1.88
Total Debt / (EBITDA - Capex)	-0.54	-1.87	-	-0	-0.01
Net Debt / (EBITDA - Capex)	-0.22	5.74	2.83	1.81	1.88
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	86.67	29.45	22.44	15.88
Gross Profit, 1 Yr. Growth %	-	116.46	25.1	-13.55	36.64
EBITDA, 1 Yr. Growth %	-	-74.08	1.99K	84.76	-24.14
EBITA, 1 Yr. Growth %	-	-61.96	1.18K	86.48	-24.06
EBIT, 1 Yr. Growth %	-	-61.96	1.18K	86.48	-23.79
Earnings From Cont. Operations, 1 Yr. Growth %	-	-56.13	2.31K	-67.07	78.8
Net Income, 1 Yr. Growth %	-	-56.13	2.31K	-67.07	78.8
Normalized Net Income, 1 Yr. Growth %	-	-59.21	1.41K	24.07	-16.32
Diluted EPS Before Extra, 1 Yr. Growth %	-	-58.44	503.17	-84.75	68.63
Accounts Receivable, 1 Yr. Growth %	-	160.38	177.24	91.6	-18.8
Inventory, 1 Yr. Growth %	-	93.36	53.4	97.76	-17.59
Net Property, Plant and Equip., 1 Yr. Growth %	-	3.01	71.96	134.27	0.07
Total Assets, 1 Yr. Growth %	-	196.5	900.91	-10.95	-9.88
Tangible Book Value, 1 Yr. Growth %	-	10.1	-322.17	87.73	-10.5
Common Equity, 1 Yr. Growth %	-	10.1	-322.17	117.74	-9.36
Cash From Operations, 1 Yr. Growth %	-	-86.59	978.9	205.51	-50.48
Capital Expenditures, 1 Yr. Growth %	-	-94.58	2.6K	113.58	-91.97
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-156.62	-1.27K	-112.03
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-203.65	-1.11K	-112.03
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	55.45	25.9	19.12
Gross Profit, 2 Yr. CAGR %	-	-	64.56	4	8.69
EBITDA, 2 Yr. CAGR %	-	-	132.88	519.78	18.6
EBITA, 2 Yr. CAGR %	-	-	120.48	386.71	18.68
EBIT, 2 Yr. CAGR %	-	-	120.48	386.71	19.2
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	225.23	181.8	-23.26
Net Income, 2 Yr. CAGR %	-	-	225.23	181.8	-23.26
Normalized Net Income, 2 Yr. CAGR %	-	-	147.88	331.29	1.99
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-21.99	-4.1	-49.34