POET Technologies, Inc. reports financial results for the quarter ended March 31, 2016.

Analysis

• Summary numbers: Revenues of USD 0 million, Net Earnings of USD -2.98 million.

• The company did not record any revenues for the last twelve months making the comparison of net margin versus asset turnover meaningless.

• POETF-US‘s earnings and EBITDA are both negative which suggest that P/E or Price/EBITDA are not meaningful to make this analysis between operating advantage (ROE) and growth expectations (as suggested by P/E or P/EBITDA).

• Cash and Cash equivalents were down this period to 14.73 million compared to 14.85 million in the same period last year.

• We consider the company to have a Quick & Able profile as it currently does not have any debt. In comparison, the median level of debt as percent of enterprise value for its peer group is currently 23.85%.

• All 4 peers for the company have an outstanding debt balance.

• Net income of -2.98 million this period compared to a net income of -3.64 million last period. This is a growth of 18.10% over the previous period. In comparison, the peer group grew at -0.98%

Access our Ratings and Scores for POET Technologies, Inc.