Breakdown | |||||
TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
119.95K | 465.78K | 552.75K | 209.10K | 0.00 | 0.00 | Gross Profit |
119.95K | 465.78K | 552.75K | 209.10K | 0.00 | 0.00 | EBIT |
-24.08M | -20.41M | -20.99M | -15.67M | -18.17M | -9.14M | EBITDA |
-29.77M | -18.28M | -19.69M | -14.20M | -14.08M | -8.55M | Net Income Common Stockholders |
-31.91M | -20.27M | -21.09M | -17.55M | -19.15M | -11.43M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
5.10M | 3.02M | 9.23M | 21.31M | 6.87M | 1.43M | Total Assets |
15.61M | 8.78M | 15.39M | 27.15M | 11.64M | 24.08M | Total Debt |
0.00 | 542.28K | 308.78K | 391.01K | 4.09M | 3.31M | Net Debt |
-3.66M | -2.48M | -8.92M | -14.55M | -2.78M | 1.88M | Total Liabilities |
2.57M | 3.85M | 3.95M | 2.18M | 5.82M | 5.04M | Stockholders Equity |
13.05M | 4.93M | 11.45M | 24.97M | 5.81M | 19.04M |
Cash Flow | Free Cash Flow | ||||
-20.55M | -16.65M | -15.40M | -12.16M | -11.01M | -9.91M | Operating Cash Flow |
-17.52M | -15.41M | -12.33M | -11.23M | -9.44M | -9.39M | Investing Cash Flow |
-3.02M | -1.25M | 3.29M | -7.30M | 13.93M | 5.40M | Financing Cash Flow |
57.49M | 10.20M | 3.44M | 26.55M | 1.16M | 3.14M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
68 Neutral | C$251.66M | 68.05 | 1.61% | 2.12% | 9.13% | -77.24% | |
62 Neutral | $11.75B | 10.58 | -7.10% | 2.91% | 7.47% | -7.95% | |
61 Neutral | C$261.01M | ― | -2.67% | ― | -1.72% | 76.81% | |
54 Neutral | $515.10M | ― | -236.10% | ― | -28.14% | -35.82% | |
51 Neutral | C$278.83M | ― | -89.82% | ― | ― | ― | |
27 Underperform | C$35.06M | 44.74 | ― | ― | 76.58% |
POET Technologies Inc. has successfully completed a US$30 million non-brokered private placement with a strategic investor, issuing 6,000,000 common shares and warrants. The proceeds from this offering will be used for working capital and general corporate purposes, with no commission or finder’s fee involved. This financial move is expected to bolster POET’s operational capabilities and enhance its market positioning in the data center, telecommunication, and AI markets.
The most recent analyst rating on (TSE:PTK) stock is a Buy with a C$3.50 price target. To see the full list of analyst forecasts on POET Technologies stock, see the TSE:PTK Stock Forecast page.
POET Technologies reported its fourth-quarter 2024 financial results, highlighting strategic advancements and a strengthened financial foundation aimed at accelerating growth. The company raised $25 million through a direct offering, reflecting strong investor confidence. POET’s acquisition of Super Photonics Xiamen Co., Ltd, and the shift of manufacturing to Malaysia, are expected to reduce geopolitical risks and optimize the supply chain. The company is poised for significant revenue growth in 2025, driven by existing contracts with industry leaders and an expanding presence in telecom systems and chip-to-chip data communications applications.
POET Technologies has been awarded the Elite Score award by Lightwave+BTR Innovation Reviews for its Optical Interposer at the OFC Conference, highlighting its significant impact on the optical communications industry. The award recognizes POET’s innovative advancements in AI hardware, with products like POET Teralight and POET Blazar set to be showcased at the conference, underscoring the company’s role in advancing connectivity solutions in collaboration with partners like Adtran.
POET Technologies has partnered with South Korea’s Lessengers to develop an 800G DR8 transceiver for AI and hyperscale data center applications. This collaboration combines POET’s optical engines with Lessengers’ Direct Optical Wiring technology, aiming to provide a cost-effective solution. The partnership highlights the companies’ commitment to innovation in optical technology, potentially enhancing POET’s market position and offering stakeholders improved efficiency and cost savings.
POET Technologies reported its fourth quarter 2024 financial results, highlighting strategic advancements aimed at scaling operations and optimizing its supply chain. The company raised $25 million through a direct offering, reflecting strong investor confidence, and is shifting manufacturing to Malaysia to reduce geopolitical risks. With significant industry recognition and partnerships with major players like LuxshareTech, Foxconn, and Mitsubishi Electric, POET is poised for revenue growth in the latter half of 2025, driven by demand in AI data centers and telecom systems.
POET Technologies has shipped samples of its advanced optical transmit engines to three global technology customers for AI applications, marking a significant step in its operations. The samples, part of the POET Infinity transmit product line, are designed for 400G and 800G applications and are expected to lead to production orders in the latter half of 2025. This development underscores POET’s growing role as a key vendor in the industry, with its products offering cost, reliability, and power efficiency advantages that appeal to industry leaders. Additionally, POET is enhancing its investor relations efforts with a trial engagement with IR Agency, LLC, to better communicate with stakeholders.