MeaTech 3D (MTTCF) AI Stock Analysis

• Market Cap: $1.90M
• Dividend Yield: N/A
• Average Volume (3M): 100.00
• Price to Earnings (P/E): ―
• Beta (1Y): -16.52
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 24
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): >-0.01
• Shares Outstanding: 5,424,956,500
• 10 Day Avg. Volume: 100
• 30 Day Avg. Volume: 100
• PEG Ratio: <0.01
• Price to Book (P/B): 1.41
• Price to Sales (P/S): 571.35
• P/FCF Ratio: -0.61
• Enterprise Value/Market Cap: -0.20
• Enterprise Value/Revenue: -37.97
• Enterprise Value/Gross Profit: 31.64
• Enterprise Value/Ebitda: 0.05
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.17
• Revenue Forecast (FY): $32.00M

• Rating: 43 Neutral
• Price Target: $0.01 ▲(0.00% Upside)
• Action: Upgraded Date: 12/30/25
• Date: Action: Upgraded 12/30/25

The score is driven primarily by very weak financial performance (minimal revenue, large losses, and significant cash burn alongside multi-year balance-sheet erosion). Valuation provides limited support due to negative earnings and no dividend data, while technical assessment is constrained by missing indicators and an extremely high beta suggesting outsized volatility risk.

Positive Factors

Innovative Business Model

MeaTech 3D's focus on cultured meat production positions it at the forefront of sustainable food tech, offering potential for long-term growth as demand for ethical and environmentally friendly meat alternatives increases.

Strategic Partnerships

By partnering with established food industry players, MeaTech 3D can accelerate the commercialization and adoption of its technologies, potentially leading to increased market penetration and revenue growth.

Sustainable Industry Trend

The company's alignment with the growing trend towards sustainability in food production provides a durable competitive advantage as consumers increasingly seek environmentally friendly options.

Negative Factors

Weak Financial Performance

MeaTech 3D's minimal revenue and significant losses highlight operational inefficiencies and financial instability, which could hinder its ability to invest in growth and innovation over the long term.

Heavy Reliance on External Financing

Dependence on external financing for cash flow needs poses a risk to financial stability, potentially limiting the company's strategic flexibility and increasing vulnerability to market fluctuations.

Declining Financial Stability

A declining equity ratio indicates deteriorating financial stability, which could impact the company's ability to secure favorable financing terms and invest in future growth opportunities.

MeaTech 3D Business Overview & Revenue Model

Company Description

MeaTech 3D Ltd., a deep-tech food company, engages in the development of cultivated meat technologies to manufacture cultivated meat without animal slaughter. The company develops a three-dimensional bioprinter to deposit layers of differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat. It intends to license its production technology; provide associated products, such as cell lines, printheads, bioreactors, and incubators; and offer services, such as technology implementation, training, and engineering support directly and through contractors to food processing and food retail companies. The company is headquartered in Rehovot, Israel.

How the Company Makes Money

MeaTech 3D Ltd. generates revenue primarily through the development and licensing of its cultured meat production technologies. The company seeks to collaborate with food producers and distributors by offering its proprietary bioprinting and cell cultivation technologies, enabling partners to produce cultured meat products. Revenue streams include technology licensing fees, research and development partnerships, and potential future sales of cultured meat products directly to consumers or through wholesale channels. The company may also engage in strategic partnerships with established food industry players to accelerate the commercialization and adoption of its technologies.

MeaTech 3D Financial Statement Overview

Summary

Financials are extremely weak: negligible revenue ($10K in 2024), negative gross profit, and very large net losses (~$8.5M). Cash burn remains heavy (FCF about -$9.4M). While losses and cash outflows improved vs. 2023, the balance sheet has eroded sharply over time (equity down to ~$4.0M from ~$37.6M in 2021), implying elevated ongoing funding/dilution risk.

Income Statement

The company remains in a very weak earnings position, with minimal revenue ($10K in 2024 vs. $0 in prior years) and deeply negative profitability. 2024 gross profit is negative (-$12K), and losses remain extremely large (net loss of ~$8.5M), indicating the current cost structure is far above the revenue base. While the net loss improved versus 2023 (about -$16.9M), the business is still far from demonstrating a scalable, profitable operating model.

Balance Sheet

Leverage is moderate with debt at ~$2.5M against equity of ~$4.0M in 2024 (debt-to-equity ~0.61), but the equity base has declined sharply over time (from ~$37.6M in 2021 to ~$4.0M in 2024), reflecting sustained losses and balance-sheet erosion. Total assets also contracted materially (to ~$7.8M in 2024 from ~$40.7M in 2021). Returns to shareholders are deeply negative (return on equity about -2.1 in 2024), which raises ongoing dilution/financing risk if losses persist.

Cash Flow

Cash burn remains heavy, with operating cash flow of about -$8.5M and free cash flow of about -$9.4M in 2024, following similarly negative results in prior years. There is an improvement versus 2023 (less negative operating and free cash flow), but the company is still consistently consuming cash rather than generating it. Cash flow is negative at a level that appears difficult to support without continued external funding.

Breakdown	TTM	Dec 2024	Dec 2023	Mar 2023	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.00K	10.00K	0.00	0.00	0.00	0.00
Gross Profit	-12.00K	-12.00K	-450.83K	-382.50K	-680.47K	-214.49K
EBITDA	-7.03M	-8.01M	-13.69M	-25.72M	-17.33M	-18.58M
Net Income	-8.03M	-8.52M	-16.86M	-21.77M	-18.04M	-18.53M
Balance Sheet
Total Assets	5.86M	7.79M	10.82M	15.32M	40.65M	17.47M
Cash, Cash Equivalents and Short-Term Investments	1.43M	1.36M	4.60M	6.42M	19.33M	13.71M
Total Debt	874.00K	2.46M	2.81M	3.35M	411.00K	180.00K
Total Liabilities	1.75M	3.74M	4.94M	7.43M	3.03M	1.84M
Stockholders Equity	4.11M	4.05M	5.88M	9.40M	37.62M	15.63M
Cash Flow
Free Cash Flow	-7.61M	-9.44M	-13.00M	-17.24M	-15.79M	-4.51M
Operating Cash Flow	-6.90M	-8.46M	-12.73M	-14.31M	-13.96M	-3.83M
Investing Cash Flow	-2.04M	-956.00K	-764.00K	-3.53M	-9.34M	-1.88M
Financing Cash Flow	4.76M	6.38M	11.26M	5.57M	29.02M	17.34M

MeaTech 3D Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
LSF	52 Neutral	$31.47M	-16.42	-14.63%	―	17.73%	-34.71%
SOWG	48 Neutral	$5.07M	-0.23	-84.22%	―	-81.88%	-672.01%
BYND	46 Neutral	$328.25M	―	―	―	-10.17%	24.25%
HCWC	46 Neutral	$4.98M	―	―	―	―	―
MTTCF	43 Neutral	$1.90M	-0.53	-135.23%	―	―	―
STKH	40 Underperform	$1.90M	-0.02	-136.13%	―	―	―