NASDAQ : POET
POET Technologies Inc. — Financial statements
Technology · Semiconductors · Canada
Last price 5.2 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 899.78M
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Financial statements
POET Technologies Inc. (POET) reported revenue of 1.71M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.71M | 1.07M | 41.43K | 465.78K | 552.75K | 209.10K |
| Gross Profit | 1.71M | 1.07M | 41.43K | 465.78K | 552.75K | 209.10K |
| Selling, General & Admin | 40.92M | 25.08M | 18.77M | 10.80M | 9.52M | 9.06M |
| Research & Development | 22.65M | 18.08M | 11.33M | 10.08M | 10.75M | 8.17M |
| Operating Expenses | 63.57M | 43.17M | 30.11M | 20.87M | 20.26M | 17.22M |
| Operating Income | -61.86M | -42.09M | -30.06M | -20.41M | -19.71M | -17.01M |
| Interest Expense | -194.75K | -144.05K | -102.67K | -70.18K | -49.74K | -364.62K |
| Earnings From Equity Investments | -1.03M | -3.21M | -1.14M | |||
| Other Non Operating Income (Expenses) | -14.21M | -20.73M | -19.68M | 1.24M | 1.94M | 2.66M |
| EBT Excluding Unusual Items | -75.72M | -62.96M | -49.85M | -20.27M | -21.04M | -15.86M |
| Other Unusual Items | -6.85M | 186.75K | ||||
| Pretax Income | -75.72M | -62.96M | -56.70M | -20.27M | -21.04M | -15.67M |
| Earnings From Continuing Operations | -75.72M | -62.96M | -56.70M | -20.27M | -21.04M | -15.67M |
| Net Income | -75.72M | -62.96M | -56.70M | -20.27M | -21.04M | -15.67M |
| Net Income to Common | -75.72M | -62.96M | -56.70M | -20.27M | -21.04M | -15.67M |
| Shares Outstanding (Basic) | 130.96M | 93.16M | 60.25M | 40.10M | 36.74M | 34.55M |
| Shares Outstanding (Diluted) | 130.96M | 93.16M | 60.25M | 40.10M | 36.74M | 34.55M |
| EPS (Basic) | -0.58 | -0.68 | -0.94 | -0.51 | -0.57 | -0.45 |
| EPS (Diluted) | -0.58 | -0.68 | -0.94 | -0.51 | -0.57 | -0.45 |
| Free Cash Flow | -40.56M | -33.34M | -30.07M | -16.58M | -15.34M | -12.00M |
| Free Cash Flow Per Share | -0.31 | -0.36 | -0.50 | -0.41 | -0.42 | -0.35 |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Margin | -3,611.23% | -3,915.97% | -72,572.56% | -4,381.35% | -3,565.87% | -8,135.61% |
| Profit Margin | -4,420.65% | -5,857.78% | -136,857.18% | -4,351.30% | -3,805.84% | -7,493.59% |
| Free Cash Flow Margin | -2,367.86% | -3,101.95% | -72,592.82% | -3,558.66% | -2,774.77% | -5,741.18% |
| EBITDA | -58.38M | -39.01M | -28.26M | -18.67M | -18.58M | -16.10M |
| D&A For EBITDA | 3.47M | 3.08M | 1.81M | 1.74M | 1.13M | 909.93K |
| EBIT | -61.86M | -42.09M | -30.06M | -20.41M | -19.71M | -17.01M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 432.53M | 39.96M | 37.14M | 3.02M | 9.23M | 14.94M |
| Short-Term Investments | 363.81M | 273.44M | 16.67M | 6.37M | ||
| Cash & Short-Term Investments | 796.34M | 313.40M | 53.82M | 3.02M | 9.23M | 21.31M |
| Accounts Receivable | 389.77K | 7.26K | 62.84K | |||
| Other Receivables | 1.18M | 208.89K | 1.40M | 57.20K | 128.32K | 141.57K |
| Receivables | 1.57M | 208.89K | 1.41M | 57.20K | 191.16K | 141.57K |
| Prepaid Expenses | 1.57M | 854.64K | 258.25K | 93.48K | 147.19K | 50.67K |
| Other Current Assets | 288.29K | |||||
| Total Current Assets | 799.49M | 314.46M | 55.48M | 3.17M | 9.57M | 21.79M |
| Property, Plant & Equipment | 17.63M | 13.35M | 13.46M | 5.11M | 5.31M | 3.39M |
| Long-Term Investments | 2.96M | 1.45M | ||||
| Other Intangible Assets | 576.03K | 556.38K | 606.71K | 502.06K | 510.70K | 528.48K |
| Other Long-Term Assets | 30.52M | 208.12K | 107.89K | |||
| Total Assets | 881.81M | 328.57M | 69.65M | 8.78M | 15.39M | 27.15M |
| Accounts Payable | 2.39M | 1.24M | 5.27M | 1.37M | 2.72M | 987.50K |
| Accrued Expenses | 2.04M | 403.33K | 701.11K | 930.80K | 638.90K | 803.72K |
| Current Portion of Long-Term Debt | 5.80M | 5.80M | 6.50M | 30.20K | 29.52K | 31.66K |
| Current Portion of Leases | 391.55K | 236.30K | 115.79K | 204.94K | 150.95K | 101.07K |
| Current Unearned Revenue | 45.41K | 445.84K | 274.19K | |||
| Other Current Liabilities | 22.02M | 135.63M | 35.75M | 1.00M | ||
| Total Current Liabilities | 32.69M | 143.75M | 48.34M | 3.54M | 3.82M | 1.92M |
| Long-Term Leases | 1.61M | 1.03M | 626.62K | 307.14K | 128.31K | 258.27K |
| Total Liabilities | 34.30M | 144.78M | 48.96M | 3.85M | 3.95M | 2.18M |
| Common Stock | 720.13M | 443.08M | 223.74M | 165.71M | 151.21M | 147.73M |
| Additional Paid-In Capital | 14.51M | 9.33M | 58.72M | 55.45M | 51.02M | 46.95M |
| Retained Earnings | -320.78M | -297.09M | -270.99M | -214.29M | -194.02M | -172.99M |
| Comprehensive Income & Other | 433.64M | 28.48M | 9.21M | -1.93M | 3.25M | 3.27M |
| Shareholders' Equity | 847.51M | 183.79M | 20.69M | 4.93M | 11.45M | 24.97M |
| Total Liabilities & Equity | 881.81M | 328.57M | 69.65M | 8.78M | 15.39M | 27.15M |
| Total Debt | 7.80M | 7.07M | 7.24M | 542.28K | 308.78K | 391.01K |
| Net Cash (Debt) | 788.54M | 306.33M | 46.57M | 2.48M | 8.92M | 20.92M |
| Net Cash Per Share | 6.02 | 3.29 | 0.77 | 0.06 | 0.24 | 0.61 |
| Filing Date Shares Outstanding | 173.04M | 132.02M | 78.07M | 48.18M | 36.50M | 36.66M |
| Total Common Shares Outstanding | 173.04M | 132.02M | 76.51M | 42.49M | 37.84M | 36.49M |
| Working Capital | 766.79M | 170.71M | 7.15M | -369.12K | 5.75M | 19.87M |
| Book Value Per Share | 4.90 | 1.39 | 0.27 | 0.12 | 0.30 | 0.68 |
| Tangible Book Value | 846.93M | 183.23M | 20.08M | 4.43M | 10.93M | 24.44M |
| Tangible Book Value Per Share | 4.89 | 1.39 | 0.26 | 0.10 | 0.29 | 0.67 |
| Machinery | 25.41M | 20.73M | 18.55M | 9.29M | 8.09M | 5.01M |
| Leasehold Improvements | 1.68M | 991.51K | 729.52K | 124.26K | 123.66K | 117.11K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -75.72M | -62.96M | -56.70M | -20.27M | -21.04M | -15.67M |
| Depreciation & Amortization | 3.78M | 3.32M | 2.02M | 1.92M | 1.29M | 1.10M |
| Other Amortization | 213.84K | |||||
| Loss (Gain) on Equity Investments | 1.03M | 3.21M | 1.14M | |||
| Stock-Based Compensation | 11.40M | 6.11M | 5.47M | 4.20M | 4.44M | 4.53M |
| Other Operating Activities | 26.76M | 25.82M | 27.55M | -953.33K | -1.66M | -2.76M |
| Change in Accounts Receivable | -387.41K | 7.26K | -7.26K | 62.00K | -61.10K | |
| Change in Accounts Payable | -553.22K | -4.45M | 34.07K | -1.26M | 1.60M | 70.32K |
| Change in Unearned Revenue | 36.29K | 438.90K | -274.19K | 246.85K | ||
| Change in Other Net Operating Assets | -766.15K | 630.21K | -1.66M | 126.94K | -356.20K | 134.93K |
| Operating Cash Flow | -35.45M | -31.09M | -23.29M | -15.41M | -12.33M | -11.23M |
| Capital Expenditures | -5.11M | -2.26M | -6.78M | -1.17M | -3.01M | -771.52K |
| Cash Acquisitions | 97.83K | |||||
| Sale (Purchase) of Intangibles | -63.99K | -46.54K | -197.00K | -79.11K | -62.48K | -159.36K |
| Investment in Securities | -308.68M | -256.77M | -16.67M | 6.37M | -6.37M | |
| Other Investing Activities | -93.54K | -93.54K | -107.89K | |||
| Investing Cash Flow | -344.60M | -259.16M | -23.66M | -1.25M | 3.29M | -7.30M |
| Long-Term Debt Repaid | -923.40K | -277.85K | -252.10K | -204.52K | -237.63K | |
| Lease Payments | -325.51K | -223.40K | -255.95K | -252.10K | -204.52K | -237.63K |
| Total Debt Repaid | -1.03M | -923.40K | -277.85K | -252.10K | -204.52K | -237.63K |
| Net Debt Issued (Repaid) | -1.03M | -923.40K | -277.85K | -252.10K | -204.52K | -237.63K |
| Issuance of Common Stock | 817.07M | 301.29M | 83.05M | 11.03M | 3.89M | 27.93M |
| Other Financing Activities | -15.80M | -8.05M | -878.18K | -578.32K | -247.89K | -1.14M |
| Financing Cash Flow | 800.25M | 292.32M | 81.90M | 10.20M | 3.44M | 26.55M |
| Foreign Exchange Rate Adjustments | -36.97K | 745.30K | -820.75K | 248.25K | -114.02K | 46.21K |
| Net Cash Flow | 420.17M | 2.82M | 34.12M | -6.21M | -5.71M | 8.07M |
| Free Cash Flow | -40.56M | -33.34M | -30.07M | -16.58M | -15.34M | -12.00M |
| Free Cash Flow Margin | -2,367.86% | -3,101.95% | -72,592.82% | -3,558.66% | -2,774.77% | -5,741.18% |
| Free Cash Flow Per Share | -0.31 | -0.36 | -0.50 | -0.41 | -0.42 | -0.35 |
| Levered Free Cash Flow | -36.49M | 77.32M | 18.56M | -8.07M | -7.71M | -5.74M |
| Unlevered Free Cash Flow | -36.37M | 77.41M | 18.62M | -8.02M | -7.68M | -5.73M |
| Free Cash Flow After Leases | -40.89M | -33.57M | -30.33M | -16.83M | -15.54M | -12.24M |
| Change in Working Capital | -1.67M | -3.37M | -1.63M | -1.34M | 1.43M | 205.25K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 849.60M | 834.10M | 454.68M | 39.74M | 110.88M | 257.31M |
| Enterprise Value | 61.06M | 748.65M | 413.26M | 35.70M | 100.95M | 237.41M |
| Last Close Price | 5.20 | 6.33 | 5.95 | 0.94 | 3.02 | 7.05 |
| PS Ratio | 509.12 | 776.01 | 10,975.42 | 85.33 | 200.60 | 1,230.54 |
| PB Ratio | 1.06 | 4.54 | 21.98 | 8.06 | 9.69 | 10.30 |
| P/TBV Ratio | 1.03 | 4.55 | 22.64 | 8.97 | 10.14 | 10.53 |
| EV/Sales Ratio | 48.78 | 696.51 | 9,975.68 | 76.64 | 182.63 | 1,135.37 |
| Debt / Equity Ratio | 0.01 | 0.04 | 0.35 | 0.11 | 0.03 | 0.02 |
| Net Debt / Equity Ratio | -0.93 | -1.67 | -2.25 | -0.50 | -0.78 | -0.84 |
| Net Debt / EBITDA Ratio | 13.51 | 7.85 | 1.65 | 0.13 | 0.48 | 1.30 |
| Net Debt / FCF Ratio | 19.44 | 9.19 | 1.55 | 0.15 | 0.58 | 1.74 |
| Asset Turnover | 0.00 | 0.01 | 0.00 | 0.04 | 0.03 | 0.01 |
| Quick Ratio | 24.41 | 2.18 | 1.14 | 0.87 | 2.47 | 11.15 |
| Current Ratio | 24.45 | 2.19 | 1.15 | 0.90 | 2.51 | 11.32 |
| Return on Equity (ROE) | -16.89% | -61.58% | -442.58% | -247.52% | -115.53% | -101.79% |
| Return on Assets (ROA) | -7.96% | -13.21% | -47.92% | -105.55% | -57.91% | -54.82% |
| Return on Capital Employed (ROCE) | -7.30% | -22.80% | -141.00% | -389.60% | -170.30% | -67.40% |
| Earnings Yield | -11.84% | -7.55% | -12.47% | -51.00% | -18.97% | -6.09% |
| FCF Yield | -4.65% | -4.00% | -6.61% | -41.71% | -13.83% | -4.67% |
| Buyback Yield / Dilution | -75.72% | -54.62% | -50.24% | -9.14% | -6.35% | -18.43% |