MetaOptics Ltd (9MT) reported unaudited revenue of 0.6 million Singapore dollars for the six months ended Jun, 30 2026, up 476 % from a year earlier and representing about 79 % of its full-year FY2025 revenue of 0.8 million Singapore dollars.
The group said its 1H 2026 net loss was mainly due to one-off professional fees of roughly 1.7 million Singapore dollars related to a proposed Nasdaq dual listing, alongside non-cash expenses—including depreciation, amortisation and finance costs—of about 0.5 million Singapore dollars. Excluding these items, underlying net loss would have been approximately 1.8 million Singapore dollars.
MetaOptics operates four business segments: Metalens Equipment, Metalens Design and Foundry, Metalens IoT Products and Smart Devices, and AI Algorithm. Management highlighted an existing order backlog for key metalens production equipment scheduled for delivery over the next 6–12 months, giving revenue visibility into FY2027.
Commercial discussions are advancing across three main application areas: co-packaged optics, colour imaging metalenses and metalens production equipment. The company noted strong interest from global technology firms in its 0.1 mm metalens designs for CPO, a 12-megapixel colour imaging titanium-dioxide metalens prototype, and its 12-inch metalens automatic testers.
Cash and cash equivalents stood at 5.5 million Singapore dollars as of Jun, 30 2026, which the firm said positions it to meet equipment purchase orders and scale fabrication capacity.