Matterport Inc (OQ:MTTR)

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 352 East Java Drive
SUNNYVALE CA 94089
Tel: N/A
Website: https://matterport.com
IR: See website
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Key People
R.J. Pittman
Chairman of the Board, Chief Executive Officer
James Daniel Fay
Chief Financial Officer
Japjit Tulsi
Chief Technology Officer
Peter Presunka
Chief Accounting Officer
Jay Remley
Chief Revenue Officer
Matthew Zinn
Chief Legal Officer
Business Overview
Matterport, Inc. is a digitization and datafication company. The Company's technology platform uses spatial data collected from a variety of digital capture devices to transform physical buildings and spaces into dimensionally accurate, photorealistic digital twins that provide its subscribers access to valuable building information and insights. Its platform has set the standard for digitizing, accessing and managing buildings, spaces and places online. It has developed and scaled its three-dimensional (3D) reconstruction technology powered by Cortex, its artificial intelligence (AI)-driven software engine that uses machine learning to recreate a photorealistic, 3D virtual representation of an entire building structure, including contents, equipment and furnishings. Its offerings include software subscription, data licensing, services and product hardware. It has footprint across various end markets, including residential and commercial real estate, facilities management and others.
Financial Overview
For the fiscal year ended 31 December 2023, Matterport Inc revenues increased 16% to $157.7M. Net loss increased 79% to $199.1M. Revenues reflect United States segment increase of 22% to $100.2M, International segment increase of 6% to $57.6M. Higher net loss reflects Change in fair value of contingent earn- decrease from $136M (income) to $0K, Change in fair value of warrants liabili decrease of 98% to $513K (income).
Employees: 438 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $218.10M as of Dec 31, 2023
Annual revenue (TTM): $157.75M as of Dec 31, 2023
EBITDA (TTM): -$194.69M as of Dec 31, 2023
Net annual income (TTM): -$199.08M as of Dec 31, 2023
Free cash flow (TTM): -$68.62M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 310,907,105 as of Feb 20, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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