MTTR · Matterport, Inc./De - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $169.70M | $157.75M | $136.13M | $111.17M | $85.88M | $46.01M |
| Cost of Revenue | $86.79M | $87.26M | $84.28M | $51.20M | $37.95M | $23.86M |
| Gross Profit | $82.91M | $70.49M | $51.85M | $59.97M | $47.94M | $22.15M |
| R&D | $60.93M | $67.31M | $85.03M | $55.38M | $17.71M | $17.20M |
| SG&A | $200.84M | $217.42M | $242.31M | $152.36M | $41.79M | $35.35M |
| Total Operating Expenses | $356.77M | $284.73M | $327.33M | $207.74M | $59.50M | $52.55M |
| D&A | $23.24M | $19.44M | $13.30M | $5.82M | $4.78M | $4.22M |
| Operating Income | ($273.85M) | ($214.24M) | ($275.49M) | ($147.77M) | ($11.56M) | ($30.40M) |
| Interest Expense | - | $0 | $0 | $676.0K | $1.50M | $1.48M |
| Income Tax | $107.0K | $184.0K | $1.24M | ($217.0K) | $77.0K | $65.0K |
| Net Income | ($256.62M) | ($199.08M) | ($111.34M) | ($338.06M) | ($14.02M) | ($31.96M) |
| EPS - Basic | ($0.80) | ($0.66) | ($0.39) | ($2.58) | ($0.43) | ($1.03) |
| EPS - Diluted | ($0.80) | ($0.66) | ($0.39) | ($2.58) | ($0.43) | ($1.03) |
Balance Sheet
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $57.23M | $82.90M | $117.13M | $139.52M | $633.3K | $8.42M |
| Accounts Receivable | $13.18M | $16.93M | $20.84M | $10.88M | - | $1.51M |
| Inventory | $5.58M | $9.12M | $11.06M | $5.59M | - | $1.90M |
| Accounts Payable | $9.25M | $7.59M | $8.33M | $12.23M | - | $2.89M |
| Current Assets | $370.41M | $422.84M | $517.93M | $437.70M | $1.53M | $15.34M |
| Total Assets | $543.67M | $577.15M | $640.39M | $719.18M | $346.57M | $24.23M |
| Current Liabilities | $143.73M | $44.23M | $48.98M | $33.33M | $530.7K | $14.93M |
| Long-term Debt | - | - | - | $0 | - | $7.63M |
| Total Liabilities | $146.53M | $47.87M | $56.48M | $451.01M | $29.88M | $22.88M |
| Stockholders' Equity | $397.14M | $529.28M | $583.91M | $268.16M | ($28.21M) | - |
| Retained Earnings | ($1.04B) | ($778.47M) | ($579.40M) | ($468.06M) | ($28.21M) | ($115.54M) |
Cash Flow
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($21.31M) | ($58.71M) | ($118.56M) | ($38.81M) | ($3.60M) | ($26.83M) |
| Investing Cash Flow | $89.76M | $19.54M | $95.18M | ($541.82M) | ($4.88M) | ($4.87M) |
| Financing Cash Flow | $2.58M | $4.79M | $277.0K | $668.45M | $50.46M | $34.17M |
| CapEx | $246.0K | $139.0K | $1.73M | $810.0K | $30.0K | $553.0K |
| Free Cash Flow | ($21.56M) | ($58.85M) | ($120.29M) | ($39.62M) | ($3.63M) | ($27.38M) |
Ratios
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 48.9% | 44.7% | 38.1% | 53.9% | 55.8% | 48.1% |
| Operating margin | -161.4% | -135.8% | -202.4% | -132.9% | -13.5% | -66.1% |
| EBITDA margin | -147.7% | -123.5% | -192.6% | -127.7% | -7.9% | -56.9% |
| Net margin | -151.2% | -126.2% | -81.8% | -304.1% | -16.3% | -69.5% |
| Free cash flow margin | -12.7% | -37.3% | -88.4% | -35.6% | -4.2% | -59.5% |
| FCF / Net income | 0.08 | 0.30 | 1.08 | 0.12 | 0.26 | 0.86 |
| R&D / Revenue | 35.9% | 42.7% | 62.5% | 49.8% | 20.6% | 37.4% |
| SG&A / Revenue | 118.3% | 137.8% | 178.0% | 137.0% | 48.7% | 76.8% |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -47.2% | -34.5% | -17.4% | -47.0% | -4.0% | -131.9% |
| Return on equity | -64.6% | -37.6% | -19.1% | -126.1% | 49.7% | - |
| Return on invested capital | - | - | - | -43.5% | - | - |
| Liquidity | ||||||
| Current ratio | 2.58 | 9.56 | 10.57 | 13.13 | 2.88 | 1.03 |
| Quick ratio | 2.54 | 9.35 | 10.35 | 12.97 | 2.88 | 0.90 |
| Cash ratio | 0.40 | 1.87 | 2.39 | 4.19 | 1.19 | 0.56 |
| Leverage | ||||||
| Debt / Equity | - | - | - | 0.00 | - | - |
| Debt / Assets | - | - | - | 0.00 | - | 0.31 |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | -218.6x | -7.7x | -20.5x |
| Equity multiplier | 1.37 | 1.09 | 1.10 | 2.68 | -12.29 | - |
| Liabilities / Assets | 0.27 | 0.08 | 0.09 | 0.63 | 0.09 | 0.94 |
| Efficiency | ||||||
| Asset turnover | 0.31 | 0.27 | 0.21 | 0.15 | 0.25 | 1.90 |
| Inventory turnover | 15.56 | 9.57 | 7.62 | 9.15 | - | 12.55 |
| Days sales outstanding | 28d | 39d | 56d | 36d | - | 12d |
| Days inventory outstanding | 23d | 38d | 48d | 40d | - | 29d |
| Days payable outstanding | 39d | 32d | 36d | 87d | - | 44d |
| Cash conversion cycle | 13d | 46d | 68d | -12d | - | -3d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 7.6% | 15.9% | 22.4% | 29.4% | 86.7% | - |
| Revenue CAGR (3y) | 15.1% | 22.5% | 43.6% | - | - | - |
| Revenue CAGR (5y) | 29.8% | - | - | - | - | - |
| Gross profit growth (YoY) | 17.6% | 36.0% | -13.5% | 25.1% | 116.5% | - |
| Operating income growth (YoY) | -27.8% | 22.2% | -86.4% | -1178.0% | 62.0% | - |
| Net income growth (YoY) | -28.9% | -78.8% | 67.1% | -2311.1% | 56.1% | - |
| EPS growth (YoY) | -21.2% | -69.2% | 84.9% | -500.0% | 58.3% | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 63.4% | 51.1% | -203.6% | -992.3% | 86.8% | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -25.0% | -9.4% | 117.7% | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Business segments
$169.70M totalReportable Segment$169.70M · 100.0%
Product / service
$169.70M totalSubscription And Circulation$99.59M · 58.7%
Service$41.26M · 24.3%
Product$28.84M · 17.0%
Geographic
$169.70M totalUS$109.22M · 64.4%
Non Us$60.48M · 35.6%
Stability scores
Altman Z′
FY 2024 · bankruptcy risk
-1.43
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2024 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Matterport against the 5 most active filers in the same SIC group.