POET Technologies Inc. (POET) 10-Year Financial Performance & Capital Metrics

POET • • Industrial / General

TechnologySemiconductorsOptoelectronics & PhotonicsLasers & LiDAR Systems

AboutPOET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, and Singapore. It offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. It also develops photonic integrated components. The company serves the data center, telecommunications, Internet of things and industrial sensing, automotive LIDAR, optical coherence tomography for medical devices, virtual reality systems markets. The company was formerly known as Opel Technologies Inc. and changed its name to POET Technologies Inc. in June 2013. POET Technologies Inc. was incorporated in 1972 and is headquartered in Toronto, Canada.Show more

Revenue $41K -91.1%
EBITDA -$28M -51.7%
Net Income -$57M -179.7%
EPS (Diluted) -0.94 -84.3%
Gross Margin 100%
EBITDA Margin -67696.04% -1605.8%
Operating Margin -72572.56% -1556.4%
Net Margin -136857.18% -3045.2%
ROE -442.59% -78.8%
ROIC -
Debt/Equity 0.35 +218.3%
Interest Coverage -292.82 -0.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 86 (top 14%)

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 59.7% over 5 years
✗Shares diluted 50.2% in last year
✗Expensive at 20.8x book value

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-59.68%

3Y-41.7%

TTM536.07%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-58.56%

EPS CAGR

10Y-

5Y-

3Y-

TTM-9.98%

ROCE

10Y Avg-112.35%

5Y Avg-163.92%

3Y Avg-192.11%

Latest-226.44%

Peer Comparison

Lasers & LiDAR Systems

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
AEVAWAeva Technologies, Inc.	2.87M	0.17	-0.06	110.23%	-10.31%	-470.41%		0.04
AAOIApplied Optoelectronics, Inc.	2.33B	34.18	-7.60	14.57%	-36.97%	-27.88%		0.83
POETPOET Technologies Inc.	940.84M	7.14	-7.60	-91.11%	-66.28%	-76.09%		0.35
IPGPIPG Photonics Corporation	3.23B	76.77	-18.77	-24.1%	2.66%	1.22%	4.62%	0.01
LASRnLIGHT, Inc.	2.17B	42.72	-33.64	-5.42%	-19.13%	-19.92%		0.06

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	1.86M	2.79M	3.89M	3.89M	3.89M	209.1K	552.75K	465.78K	41.43K
Revenue Growth %	-	-	0.5%	0.39%	0%	0%	-0.95%	1.64%	-0.16%	-0.91%
Cost of Goods Sold+	0	1.38M	1.34M	1.48M	1.48M	1.48M	0	0	0	0
COGS % of Revenue	-	0.74%	0.48%	0.38%	0.38%	0.38%	-	-	-	-
Gross Profit+	0	481.91K	1.45M	2.41M	2.41M	2.41M	209.1K	552.75K	465.78K	41.43K
Gross Margin %	-	0.26%	0.52%	0.62%	0.62%	0.62%	1%	1%	1%	1%
Gross Profit Growth %	-	-	2.01%	0.66%	0%	0%	-0.91%	1.64%	-0.16%	-0.91%
Operating Expenses+	12.15M	14.09M	14.55M	18.88M	8.77M	14.77M	15.88M	20.26M	20.87M	30.11M
OpEx % of Revenue	-	7.57%	5.21%	4.85%	2.26%	3.8%	75.94%	36.66%	44.81%	726.73%
Selling, General & Admin	8.29M	9.74M	8.6M	9.13M	6.45M	7.32M	7.96M	8.22M	8.87M	10.25M
SG&A % of Revenue	-	5.23%	3.08%	2.35%	1.66%	1.88%	38.04%	14.88%	19.05%	247.41%
Research & Development	3.53M	2.89M	5.44M	8.69M	2.08M	6.63M	8.17M	10.75M	10.08M	11.33M
R&D % of Revenue	-	1.55%	1.95%	2.24%	0.54%	1.71%	39.05%	19.44%	21.64%	273.61%
Other Operating Expenses	319.86K	1.45M	508.64K	1.06M	233.13K	813.1K	-241.94K	1.29M	1.92M	8.52M
Operating Income+	-12.15M	-13.72M	-13.1M	-16.62M	-9.14M	-18.17M	-15.67M	-19.71M	-20.41M	-30.06M
Operating Margin %	-	-7.37%	-4.69%	-4.27%	-2.35%	-4.67%	-74.94%	-35.66%	-43.81%	-725.73%
Operating Income Growth %	-0.02%	-0.13%	0.05%	-0.27%	0.45%	-0.99%	0.14%	-0.26%	-0.04%	-0.47%
EBITDA+	-11.83M	-12.21M	-10.74M	-16.48M	-8.89M	-17.31M	-14.57M	-18.42M	-18.49M	-28.04M
EBITDA Margin %	-	-6.56%	-3.84%	-4.24%	-2.29%	-4.45%	-69.67%	-33.32%	-39.69%	-676.96%
EBITDA Growth %	-0.01%	-0.03%	0.12%	-0.53%	0.46%	-0.95%	0.16%	-0.26%	-0%	-0.52%
D&A (Non-Cash Add-back)	319.86K	1.5M	2.36M	145.43K	249.34K	856.06K	1.1M	1.29M	1.92M	2.02M
EBIT	-11.12M	-13.6M	-13.57M	-7.99M	-10.78M	-15.51M	-15.3M	-20.99M	-20.2M	-56.59M
Net Interest Income+	0	0	0	0	-809.13K	-894.58K	-364.62K	-49.74K	-70.18K	-102.67K
Interest Income	0	0	0	0	10.79K	43.32K	0	0	0	0
Interest Expense	0	0	0	0	819.91K	937.9K	364.62K	49.74K	70.18K	102.67K
Other Income/Expense	0	283.13K	0	8.63M	-2.58M	-1.72M	0	-1.33M	139.94K	-26.63M
Pretax Income+	-12.07M	-13.43M	-13.1M	-16.62M	-11.73M	-18.17M	-15.67M	-21.04M	-20.27M	-56.7M
Pretax Margin %	-	-7.21%	-4.69%	-4.27%	-3.02%	-4.67%	-74.94%	-38.06%	-43.51%	-1368.57%
Income Tax+	-76.43K	-207.26K	-297.94K	-297.94K	-292.74K	979.05K	0	0	0	0
Effective Tax Rate %	1%	0.98%	0.98%	0.98%	0.98%	1.05%	1%	1%	1%	1%
Net Income+	-12.07M	-13.22M	-12.8M	-16.32M	-11.43M	-19.15M	-15.67M	-21.04M	-20.27M	-56.7M
Net Margin %	-	-7.1%	-4.58%	-4.2%	-2.94%	-4.92%	-74.94%	-38.06%	-43.51%	-1368.57%
Net Income Growth %	-0.02%	-0.1%	0.03%	-0.28%	0.3%	-0.67%	0.18%	-0.34%	0.04%	-1.8%
Net Income (Continuing)	-11.12M	-13.22M	-13.26M	-7.99M	-11.7M	-16.5M	-15.67M	-21.04M	-20.27M	-56.7M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.65	-0.60	-0.49	-0.58	-0.40	-0.66	-0.51	-0.57	-0.51	-0.94
EPS Growth %	0.13%	0.08%	0.18%	-0.18%	0.31%	-0.65%	0.23%	-0.12%	0.11%	-0.84%
EPS (Basic)	-0.65	-0.60	-0.49	-0.58	-0.40	-0.66	-0.51	-0.57	-0.51	-0.94
Diluted Shares Outstanding	18.51M	22.01M	25.98M	28.21M	28.82M	29.17M	34.55M	36.74M	40.1M	60.25M
Basic Shares Outstanding	18.51M	22.01M	25.98M	28.07M	28.82M	29.17M	34.55M	36.74M	40.1M	60.25M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	14.56M	17.13M	7.95M	6.89M	20.26M	7.49M	21.79M	9.57M	3.17M	55.48M
Cash & Short-Term Investments	14.41M	14.97M	4.97M	2.57M	1.43M	6.87M	21.31M	9.23M	3.02M	53.82M
Cash Only	14.41M	14.38M	4.97M	2.57M	1.43M	6.87M	14.94M	9.23M	3.02M	37.14M
Short-Term Investments	0	589.27K	0	0	0	0	6.37M	0	0	16.67M
Accounts Receivable	0	292.85K	613.41K	1.03M	18.08M	0	141.57K	191.16K	57.2K	7.25K
Days Sales Outstanding	-	57.41	80.13	96.93	1.7K	-	247.12	126.23	44.82	63.9
Inventory	0	1.12M	524.58K	436.83K	0	0	0	0	0	0
Days Inventory Outstanding	-	295.44	142.6	108.03	-	-	-	-	-	-
Other Current Assets	150.92K	419.14K	1.52M	2.14M	0	122.35K	0	0	0	1.4M
Total Non-Current Assets+	1.37M	18.37M	17.26M	18.25M	3.82M	4.15M	5.36M	5.82M	5.61M	14.17M
Property, Plant & Equipment	947.11K	9.36M	8.28M	9.3M	3.37M	3.71M	3.39M	5.31M	5.11M	13.46M
Fixed Asset Turnover	-	0.20x	0.34x	0.42x	1.16x	1.05x	0.06x	0.10x	0.09x	0.00x
Goodwill	0	7.68M	7.68M	7.68M	0	0	0	0	0	0
Intangible Assets	426.81K	1.33M	1.3M	1.27M	452.38K	438.68K	528.48K	510.7K	502.06K	606.71K
Long-Term Investments	0	0	0	0	0	0	1.45M	0	0	0
Other Non-Current Assets	0	0	0	0	0	0	0	0	0	107.89K
Total Assets+	15.93M	35.51M	25.21M	25.14M	24.08M	11.64M	27.15M	15.39M	8.78M	69.65M
Asset Turnover	-	0.05x	0.11x	0.15x	0.16x	0.33x	0.01x	0.04x	0.05x	0.00x
Asset Growth %	0.24%	1.23%	-0.29%	-0%	-0.04%	-0.52%	1.33%	-0.43%	-0.43%	6.94%
Total Current Liabilities+	515.42K	1.62M	810.59K	3.04M	5.04M	5.39M	1.92M	3.82M	3.54M	48.34M
Accounts Payable	337.56K	768.07K	504.23K	2.27M	1.51M	1.6M	987.5K	2.72M	1.37M	5.27M
Days Payables Outstanding	-	203.17	137.07	561.32	372.83	396.48	-	-	-	-
Short-Term Debt	0	0	0	0	3.09M	3.49M	31.66K	29.52K	30.2K	6.5M
Deferred Revenue (Current)	0	0	0	0	0	0	0	274.19K	0	0
Other Current Liabilities	0	227.9K	193.45K	174.86K	0	0	0	0	1M	35.75M
Current Ratio	28.25x	10.55x	9.81x	2.27x	4.02x	1.39x	11.33x	2.51x	0.90x	1.15x
Quick Ratio	28.25x	9.86x	9.16x	2.12x	4.02x	1.39x	11.33x	2.51x	0.90x	1.15x
Cash Conversion Cycle	-	149.68	85.67	-356.36	-	-	-	-	-	-
Total Non-Current Liabilities+	337.56K	1.64M	1.32M	1M	0	429.36K	258.27K	128.31K	307.14K	626.63K
Long-Term Debt	0	0	0	0	0	70.31K	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	359.05K	258.27K	128.31K	307.14K	626.63K
Deferred Tax Liabilities	0	1.6M	1.3M	1M	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	24.03K	1.81K	0	0	0	0	0	0
Total Liabilities	515.42K	3.26M	2.13M	4.04M	5.04M	5.82M	2.18M	3.95M	3.85M	48.96M
Total Debt+	0	0	0	0	3.31M	4.09M	391.01K	308.78K	542.28K	7.24M
Net Debt	-14.41M	-14.38M	-4.97M	-2.57M	1.88M	-2.78M	-14.55M	-8.92M	-2.48M	-29.9M
Debt / Equity	-	-	-	-	0.17x	0.70x	0.02x	0.03x	0.11x	0.35x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-	-	-	-	-11.15x	-19.37x	-42.97x	-396.28x	-290.78x	-292.82x
Total Equity+	15.42M	32.24M	23.07M	21.1M	19.04M	5.81M	24.97M	11.45M	4.93M	20.69M
Equity Growth %	0.24%	1.09%	-0.28%	-0.09%	-0.1%	-0.69%	3.29%	-0.54%	-0.57%	3.2%
Book Value per Share	0.83	1.47	0.89	0.75	0.66	0.20	0.72	0.31	0.12	0.34
Total Shareholders' Equity	15.42M	32.24M	23.07M	21.1M	19.04M	5.81M	24.97M	11.45M	4.93M	20.69M
Common Stock	81.03M	103.36M	103.62M	112.03M	112.14M	114.59M	147.73M	151.21M	165.71M	223.61M
Retained Earnings	-90.85M	-104.08M	-116.87M	-133.2M	-139.15M	-157.32M	-172.99M	-194.02M	-214.29M	-270.99M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-2.39M	-2.09M	-1.76M	-2.08M	-1.91M	4.14M	-2.05M	-2.66M	-2.6M	-1.95M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-6.78M	-9.96M	-9.16M	-9.29M	-9.39M	-9.44M	-11.23M	-12.33M	-15.41M	-23.29M
Operating CF Margin %	-	-5.35%	-3.28%	-2.39%	-2.42%	-2.43%	-53.72%	-22.3%	-33.08%	-562.23%
Operating CF Growth %	-0.28%	-0.47%	0.08%	-0.01%	-0.01%	-0%	-0.19%	-0.1%	-0.25%	-0.51%
Net Income	-12.07M	-13.22M	-12.8M	-16.32M	-11.43M	-18.17M	-15.67M	-21.04M	-20.27M	-56.7M
Depreciation & Amortization	319.86K	1.52M	2.28M	2.56M	243.7K	813.1K	1.1M	1.29M	1.92M	1.92M
Stock-Based Compensation	4.82M	4.07M	3.17M	4.02M	2.89M	3.61M	4.53M	4.44M	4.2M	5.47M
Deferred Taxes	-4.82M	-207.26K	-297.94K	-297.94K	-292.74K	2.66M	0	0	0	0
Other Non-Cash Items	4.82M	-130.21K	8.42M	175.34K	-533.48K	1.43M	-1.4M	1.55M	78.48K	27.64M
Working Capital Changes	156.28K	-1.99M	-1.52M	572.05K	-265.21K	210.01K	205.25K	1.43M	-1.34M	-1.63M
Change in Receivables	0	-77.42K	-171.26K	-508.09K	0	0	0	-61.1K	62K	-7.26K
Change in Inventory	0	-841.81K	663.99K	78.73K	0	0	0	-1.53M	0	0
Change in Payables	0	-620.74K	-926.16K	231.61K	430.23K	0	0	1.53M	0	0
Cash from Investing+	-374.2K	-2.32M	-441.06K	-3.54M	5.4M	13.93M	-7.3M	3.29M	-1.25M	-23.66M
Capital Expenditures	-374.2K	-1.28M	-1.03M	-3.54M	-511.48K	-1.57M	-771.52K	-3.07M	-1.17M	-6.64M
CapEx % of Revenue	-	0.69%	0.37%	0.91%	0.13%	0.4%	3.69%	5.56%	2.51%	160.37%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-209.81K	-427.36K	-384.04K	-3.29M	5.91M	15.45M	-159.36K	252.27K	-79.11K	-17.12M
Cash from Financing+	12.08M	11.78M	123.53K	10.65M	3.14M	1.16M	26.55M	3.44M	10.2M	81.9M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	-355.57K	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-7.15M	-11.24M	-10.19M	-12.82M	-9.91M	-11.01M	-12.16M	-15.4M	-16.65M	-30.27M
FCF Margin %	-	-6.04%	-3.65%	-3.3%	-2.55%	-2.83%	-58.17%	-27.86%	-35.76%	-730.68%
FCF Growth %	-0.23%	-0.57%	0.09%	-0.26%	0.23%	-0.11%	-0.1%	-0.27%	-0.08%	-0.82%
FCF per Share	-0.39	-0.51	-0.39	-0.45	-0.34	-0.38	-0.35	-0.42	-0.42	-0.50
FCF Conversion (FCF/Net Income)	0.56x	0.75x	0.72x	0.57x	0.82x	0.49x	0.72x	0.59x	0.76x	0.41x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-86.78%	-55.49%	-46.27%	-73.91%	-56.98%	-154.09%	-101.79%	-115.53%	-247.52%	-442.59%
Return on Invested Capital (ROIC)	-859.11%	-108.99%	-54.62%	-68.07%	-34.76%	-113.76%	-174.69%	-228.39%	-614.85%	-
Gross Margin	-	25.88%	51.94%	62.04%	62.04%	62.04%	100%	100%	100%	100%
Net Margin	-	-710.34%	-458.04%	-419.8%	-294.09%	-492.47%	-7493.59%	-3805.84%	-4351.3%	-136857.18%
Debt / Equity	-	-	-	-	0.17x	0.70x	0.02x	0.03x	0.11x	0.35x
Interest Coverage	-	-	-	-	-11.15x	-19.37x	-42.97x	-396.28x	-290.78x	-292.82x
FCF Conversion	0.56x	0.75x	0.72x	0.57x	0.82x	0.49x	0.72x	0.59x	0.76x	0.41x
Revenue Growth	-	-	50.08%	39.16%	0%	0%	-94.62%	164.35%	-15.73%	-91.11%

Revenue by Geography

	2018	2021
Asia	-	209.1K
Asia Growth	-	-
SINGAPORE	3.89M	-
SINGAPORE Growth	-	-

Frequently Asked Questions

Growth & Financials

POET Technologies Inc. (POET) reported $0.8M in revenue for fiscal year 2024. This represents a 87% decrease from $5.9M in 2011.

POET Technologies Inc. (POET) saw revenue decline by 91.1% over the past year.

POET Technologies Inc. (POET) reported a net loss of $50.6M for fiscal year 2024.

Dividend & Returns

POET Technologies Inc. (POET) has a return on equity (ROE) of -442.6%. Negative ROE indicates the company is unprofitable.

POET Technologies Inc. (POET) had negative free cash flow of $35.2M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

...

POET Technologies Inc. (POET) 10-Year Financial Performance & Capital Metrics

POET • • Industrial / General

TechnologySemiconductorsOptoelectronics & PhotonicsLasers & LiDAR Systems

Revenue $41K -91.1%
EBITDA -$28M -51.7%
Net Income -$57M -179.7%
EPS (Diluted) -0.94 -84.3%
Gross Margin 100%
EBITDA Margin -67696.04% -1605.8%
Operating Margin -72572.56% -1556.4%
Net Margin -136857.18% -3045.2%
ROE -442.59% -78.8%
ROIC -
Debt/Equity 0.35 +218.3%
Interest Coverage -292.82 -0.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 86 (top 14%)

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 59.7% over 5 years
✗Shares diluted 50.2% in last year
✗Expensive at 20.8x book value

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-59.68%

3Y-41.7%

TTM536.07%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-58.56%

EPS CAGR

10Y-

5Y-

3Y-

TTM-9.98%

ROCE

10Y Avg-112.35%

5Y Avg-163.92%

3Y Avg-192.11%

Latest-226.44%

Peer Comparison

Lasers & LiDAR Systems

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
AEVAWAeva Technologies, Inc.	2.87M	0.17	-0.06	110.23%	-10.31%	-470.41%		0.04
AAOIApplied Optoelectronics, Inc.	2.33B	34.18	-7.60	14.57%	-36.97%	-27.88%		0.83
POETPOET Technologies Inc.	940.84M	7.14	-7.60	-91.11%	-66.28%	-76.09%		0.35
IPGPIPG Photonics Corporation	3.23B	76.77	-18.77	-24.1%	2.66%	1.22%	4.62%	0.01
LASRnLIGHT, Inc.	2.17B	42.72	-33.64	-5.42%	-19.13%	-19.92%		0.06

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	1.86M	2.79M	3.89M	3.89M	3.89M	209.1K	552.75K	465.78K	41.43K
Revenue Growth %	-	-	0.5%	0.39%	0%	0%	-0.95%	1.64%	-0.16%	-0.91%
Cost of Goods Sold+	0	1.38M	1.34M	1.48M	1.48M	1.48M	0	0	0	0
COGS % of Revenue	-	0.74%	0.48%	0.38%	0.38%	0.38%	-	-	-	-
Gross Profit+	0	481.91K	1.45M	2.41M	2.41M	2.41M	209.1K	552.75K	465.78K	41.43K
Gross Margin %	-	0.26%	0.52%	0.62%	0.62%	0.62%	1%	1%	1%	1%
Gross Profit Growth %	-	-	2.01%	0.66%	0%	0%	-0.91%	1.64%	-0.16%	-0.91%
Operating Expenses+	12.15M	14.09M	14.55M	18.88M	8.77M	14.77M	15.88M	20.26M	20.87M	30.11M
OpEx % of Revenue	-	7.57%	5.21%	4.85%	2.26%	3.8%	75.94%	36.66%	44.81%	726.73%
Selling, General & Admin	8.29M	9.74M	8.6M	9.13M	6.45M	7.32M	7.96M	8.22M	8.87M	10.25M
SG&A % of Revenue	-	5.23%	3.08%	2.35%	1.66%	1.88%	38.04%	14.88%	19.05%	247.41%
Research & Development	3.53M	2.89M	5.44M	8.69M	2.08M	6.63M	8.17M	10.75M	10.08M	11.33M
R&D % of Revenue	-	1.55%	1.95%	2.24%	0.54%	1.71%	39.05%	19.44%	21.64%	273.61%
Other Operating Expenses	319.86K	1.45M	508.64K	1.06M	233.13K	813.1K	-241.94K	1.29M	1.92M	8.52M
Operating Income+	-12.15M	-13.72M	-13.1M	-16.62M	-9.14M	-18.17M	-15.67M	-19.71M	-20.41M	-30.06M
Operating Margin %	-	-7.37%	-4.69%	-4.27%	-2.35%	-4.67%	-74.94%	-35.66%	-43.81%	-725.73%
Operating Income Growth %	-0.02%	-0.13%	0.05%	-0.27%	0.45%	-0.99%	0.14%	-0.26%	-0.04%	-0.47%
EBITDA+	-11.83M	-12.21M	-10.74M	-16.48M	-8.89M	-17.31M	-14.57M	-18.42M	-18.49M	-28.04M
EBITDA Margin %	-	-6.56%	-3.84%	-4.24%	-2.29%	-4.45%	-69.67%	-33.32%	-39.69%	-676.96%
EBITDA Growth %	-0.01%	-0.03%	0.12%	-0.53%	0.46%	-0.95%	0.16%	-0.26%	-0%	-0.52%
D&A (Non-Cash Add-back)	319.86K	1.5M	2.36M	145.43K	249.34K	856.06K	1.1M	1.29M	1.92M	2.02M
EBIT	-11.12M	-13.6M	-13.57M	-7.99M	-10.78M	-15.51M	-15.3M	-20.99M	-20.2M	-56.59M
Net Interest Income+	0	0	0	0	-809.13K	-894.58K	-364.62K	-49.74K	-70.18K	-102.67K
Interest Income	0	0	0	0	10.79K	43.32K	0	0	0	0
Interest Expense	0	0	0	0	819.91K	937.9K	364.62K	49.74K	70.18K	102.67K
Other Income/Expense	0	283.13K	0	8.63M	-2.58M	-1.72M	0	-1.33M	139.94K	-26.63M
Pretax Income+	-12.07M	-13.43M	-13.1M	-16.62M	-11.73M	-18.17M	-15.67M	-21.04M	-20.27M	-56.7M
Pretax Margin %	-	-7.21%	-4.69%	-4.27%	-3.02%	-4.67%	-74.94%	-38.06%	-43.51%	-1368.57%
Income Tax+	-76.43K	-207.26K	-297.94K	-297.94K	-292.74K	979.05K	0	0	0	0
Effective Tax Rate %	1%	0.98%	0.98%	0.98%	0.98%	1.05%	1%	1%	1%	1%
Net Income+	-12.07M	-13.22M	-12.8M	-16.32M	-11.43M	-19.15M	-15.67M	-21.04M	-20.27M	-56.7M
Net Margin %	-	-7.1%	-4.58%	-4.2%	-2.94%	-4.92%	-74.94%	-38.06%	-43.51%	-1368.57%
Net Income Growth %	-0.02%	-0.1%	0.03%	-0.28%	0.3%	-0.67%	0.18%	-0.34%	0.04%	-1.8%
Net Income (Continuing)	-11.12M	-13.22M	-13.26M	-7.99M	-11.7M	-16.5M	-15.67M	-21.04M	-20.27M	-56.7M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.65	-0.60	-0.49	-0.58	-0.40	-0.66	-0.51	-0.57	-0.51	-0.94
EPS Growth %	0.13%	0.08%	0.18%	-0.18%	0.31%	-0.65%	0.23%	-0.12%	0.11%	-0.84%
EPS (Basic)	-0.65	-0.60	-0.49	-0.58	-0.40	-0.66	-0.51	-0.57	-0.51	-0.94
Diluted Shares Outstanding	18.51M	22.01M	25.98M	28.21M	28.82M	29.17M	34.55M	36.74M	40.1M	60.25M
Basic Shares Outstanding	18.51M	22.01M	25.98M	28.07M	28.82M	29.17M	34.55M	36.74M	40.1M	60.25M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	14.56M	17.13M	7.95M	6.89M	20.26M	7.49M	21.79M	9.57M	3.17M	55.48M
Cash & Short-Term Investments	14.41M	14.97M	4.97M	2.57M	1.43M	6.87M	21.31M	9.23M	3.02M	53.82M
Cash Only	14.41M	14.38M	4.97M	2.57M	1.43M	6.87M	14.94M	9.23M	3.02M	37.14M
Short-Term Investments	0	589.27K	0	0	0	0	6.37M	0	0	16.67M
Accounts Receivable	0	292.85K	613.41K	1.03M	18.08M	0	141.57K	191.16K	57.2K	7.25K
Days Sales Outstanding	-	57.41	80.13	96.93	1.7K	-	247.12	126.23	44.82	63.9
Inventory	0	1.12M	524.58K	436.83K	0	0	0	0	0	0
Days Inventory Outstanding	-	295.44	142.6	108.03	-	-	-	-	-	-
Other Current Assets	150.92K	419.14K	1.52M	2.14M	0	122.35K	0	0	0	1.4M
Total Non-Current Assets+	1.37M	18.37M	17.26M	18.25M	3.82M	4.15M	5.36M	5.82M	5.61M	14.17M
Property, Plant & Equipment	947.11K	9.36M	8.28M	9.3M	3.37M	3.71M	3.39M	5.31M	5.11M	13.46M
Fixed Asset Turnover	-	0.20x	0.34x	0.42x	1.16x	1.05x	0.06x	0.10x	0.09x	0.00x
Goodwill	0	7.68M	7.68M	7.68M	0	0	0	0	0	0
Intangible Assets	426.81K	1.33M	1.3M	1.27M	452.38K	438.68K	528.48K	510.7K	502.06K	606.71K
Long-Term Investments	0	0	0	0	0	0	1.45M	0	0	0
Other Non-Current Assets	0	0	0	0	0	0	0	0	0	107.89K
Total Assets+	15.93M	35.51M	25.21M	25.14M	24.08M	11.64M	27.15M	15.39M	8.78M	69.65M
Asset Turnover	-	0.05x	0.11x	0.15x	0.16x	0.33x	0.01x	0.04x	0.05x	0.00x
Asset Growth %	0.24%	1.23%	-0.29%	-0%	-0.04%	-0.52%	1.33%	-0.43%	-0.43%	6.94%
Total Current Liabilities+	515.42K	1.62M	810.59K	3.04M	5.04M	5.39M	1.92M	3.82M	3.54M	48.34M
Accounts Payable	337.56K	768.07K	504.23K	2.27M	1.51M	1.6M	987.5K	2.72M	1.37M	5.27M
Days Payables Outstanding	-	203.17	137.07	561.32	372.83	396.48	-	-	-	-
Short-Term Debt	0	0	0	0	3.09M	3.49M	31.66K	29.52K	30.2K	6.5M
Deferred Revenue (Current)	0	0	0	0	0	0	0	274.19K	0	0
Other Current Liabilities	0	227.9K	193.45K	174.86K	0	0	0	0	1M	35.75M
Current Ratio	28.25x	10.55x	9.81x	2.27x	4.02x	1.39x	11.33x	2.51x	0.90x	1.15x
Quick Ratio	28.25x	9.86x	9.16x	2.12x	4.02x	1.39x	11.33x	2.51x	0.90x	1.15x
Cash Conversion Cycle	-	149.68	85.67	-356.36	-	-	-	-	-	-
Total Non-Current Liabilities+	337.56K	1.64M	1.32M	1M	0	429.36K	258.27K	128.31K	307.14K	626.63K
Long-Term Debt	0	0	0	0	0	70.31K	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	359.05K	258.27K	128.31K	307.14K	626.63K
Deferred Tax Liabilities	0	1.6M	1.3M	1M	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	24.03K	1.81K	0	0	0	0	0	0
Total Liabilities	515.42K	3.26M	2.13M	4.04M	5.04M	5.82M	2.18M	3.95M	3.85M	48.96M
Total Debt+	0	0	0	0	3.31M	4.09M	391.01K	308.78K	542.28K	7.24M
Net Debt	-14.41M	-14.38M	-4.97M	-2.57M	1.88M	-2.78M	-14.55M	-8.92M	-2.48M	-29.9M
Debt / Equity	-	-	-	-	0.17x	0.70x	0.02x	0.03x	0.11x	0.35x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-	-	-	-	-11.15x	-19.37x	-42.97x	-396.28x	-290.78x	-292.82x
Total Equity+	15.42M	32.24M	23.07M	21.1M	19.04M	5.81M	24.97M	11.45M	4.93M	20.69M
Equity Growth %	0.24%	1.09%	-0.28%	-0.09%	-0.1%	-0.69%	3.29%	-0.54%	-0.57%	3.2%
Book Value per Share	0.83	1.47	0.89	0.75	0.66	0.20	0.72	0.31	0.12	0.34
Total Shareholders' Equity	15.42M	32.24M	23.07M	21.1M	19.04M	5.81M	24.97M	11.45M	4.93M	20.69M
Common Stock	81.03M	103.36M	103.62M	112.03M	112.14M	114.59M	147.73M	151.21M	165.71M	223.61M
Retained Earnings	-90.85M	-104.08M	-116.87M	-133.2M	-139.15M	-157.32M	-172.99M	-194.02M	-214.29M	-270.99M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-2.39M	-2.09M	-1.76M	-2.08M	-1.91M	4.14M	-2.05M	-2.66M	-2.6M	-1.95M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-6.78M	-9.96M	-9.16M	-9.29M	-9.39M	-9.44M	-11.23M	-12.33M	-15.41M	-23.29M
Operating CF Margin %	-	-5.35%	-3.28%	-2.39%	-2.42%	-2.43%	-53.72%	-22.3%	-33.08%	-562.23%
Operating CF Growth %	-0.28%	-0.47%	0.08%	-0.01%	-0.01%	-0%	-0.19%	-0.1%	-0.25%	-0.51%
Net Income	-12.07M	-13.22M	-12.8M	-16.32M	-11.43M	-18.17M	-15.67M	-21.04M	-20.27M	-56.7M
Depreciation & Amortization	319.86K	1.52M	2.28M	2.56M	243.7K	813.1K	1.1M	1.29M	1.92M	1.92M
Stock-Based Compensation	4.82M	4.07M	3.17M	4.02M	2.89M	3.61M	4.53M	4.44M	4.2M	5.47M
Deferred Taxes	-4.82M	-207.26K	-297.94K	-297.94K	-292.74K	2.66M	0	0	0	0
Other Non-Cash Items	4.82M	-130.21K	8.42M	175.34K	-533.48K	1.43M	-1.4M	1.55M	78.48K	27.64M
Working Capital Changes	156.28K	-1.99M	-1.52M	572.05K	-265.21K	210.01K	205.25K	1.43M	-1.34M	-1.63M
Change in Receivables	0	-77.42K	-171.26K	-508.09K	0	0	0	-61.1K	62K	-7.26K
Change in Inventory	0	-841.81K	663.99K	78.73K	0	0	0	-1.53M	0	0
Change in Payables	0	-620.74K	-926.16K	231.61K	430.23K	0	0	1.53M	0	0
Cash from Investing+	-374.2K	-2.32M	-441.06K	-3.54M	5.4M	13.93M	-7.3M	3.29M	-1.25M	-23.66M
Capital Expenditures	-374.2K	-1.28M	-1.03M	-3.54M	-511.48K	-1.57M	-771.52K	-3.07M	-1.17M	-6.64M
CapEx % of Revenue	-	0.69%	0.37%	0.91%	0.13%	0.4%	3.69%	5.56%	2.51%	160.37%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-209.81K	-427.36K	-384.04K	-3.29M	5.91M	15.45M	-159.36K	252.27K	-79.11K	-17.12M
Cash from Financing+	12.08M	11.78M	123.53K	10.65M	3.14M	1.16M	26.55M	3.44M	10.2M	81.9M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	-355.57K	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-7.15M	-11.24M	-10.19M	-12.82M	-9.91M	-11.01M	-12.16M	-15.4M	-16.65M	-30.27M
FCF Margin %	-	-6.04%	-3.65%	-3.3%	-2.55%	-2.83%	-58.17%	-27.86%	-35.76%	-730.68%
FCF Growth %	-0.23%	-0.57%	0.09%	-0.26%	0.23%	-0.11%	-0.1%	-0.27%	-0.08%	-0.82%
FCF per Share	-0.39	-0.51	-0.39	-0.45	-0.34	-0.38	-0.35	-0.42	-0.42	-0.50
FCF Conversion (FCF/Net Income)	0.56x	0.75x	0.72x	0.57x	0.82x	0.49x	0.72x	0.59x	0.76x	0.41x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-86.78%	-55.49%	-46.27%	-73.91%	-56.98%	-154.09%	-101.79%	-115.53%	-247.52%	-442.59%
Return on Invested Capital (ROIC)	-859.11%	-108.99%	-54.62%	-68.07%	-34.76%	-113.76%	-174.69%	-228.39%	-614.85%	-
Gross Margin	-	25.88%	51.94%	62.04%	62.04%	62.04%	100%	100%	100%	100%
Net Margin	-	-710.34%	-458.04%	-419.8%	-294.09%	-492.47%	-7493.59%	-3805.84%	-4351.3%	-136857.18%
Debt / Equity	-	-	-	-	0.17x	0.70x	0.02x	0.03x	0.11x	0.35x
Interest Coverage	-	-	-	-	-11.15x	-19.37x	-42.97x	-396.28x	-290.78x	-292.82x
FCF Conversion	0.56x	0.75x	0.72x	0.57x	0.82x	0.49x	0.72x	0.59x	0.76x	0.41x
Revenue Growth	-	-	50.08%	39.16%	0%	0%	-94.62%	164.35%	-15.73%	-91.11%

Revenue by Geography

	2018	2021
Asia	-	209.1K
Asia Growth	-	-
SINGAPORE	3.89M	-
SINGAPORE Growth	-	-

Frequently Asked Questions

Growth & Financials

POET Technologies Inc. (POET) reported $0.8M in revenue for fiscal year 2024. This represents a 87% decrease from $5.9M in 2011.

POET Technologies Inc. (POET) saw revenue decline by 91.1% over the past year.

POET Technologies Inc. (POET) reported a net loss of $50.6M for fiscal year 2024.

Dividend & Returns

POET Technologies Inc. (POET) has a return on equity (ROE) of -442.6%. Negative ROE indicates the company is unprofitable.

POET Technologies Inc. (POET) had negative free cash flow of $35.2M in fiscal year 2024, likely due to heavy capital investments.