
POET Technologies Inc.
NASDAQ•POET
CEO: Dr. Suresh V. Venkatesan Ph.D.
Sector: Technology
Industry: Semiconductors
Listing Date: 2008-06-25
POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. The company 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. 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, and 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.
Contact Information
120 Eglinton Avenue East, Suite 1107, Toronto, ON, M4P 1E2, Canada
416-368-9411
Market Cap
$940.84M
P/E (TTM)
-12.8
65
Dividend Yield
--
52W High
$9.41
52W Low
$3.09
52W Range
Rank58Top 85.6%
2.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$298.43K+7998.62%
4-Quarter Trend
EPS
-$0.10-50.00%
4-Quarter Trend
FCF
-$3.17M-51.43%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Significant Asset Base Growth Total assets reached $69.65M USD by year-end 2024, up substantially from $8.78M in 2023, supported by $82.18M net financing proceeds.
Fab-Light Strategy Adoption Adopted "fab-light" strategy after divesting major asset; focusing development on scalable Optical Interposer solutions for AI hardware.
Increased R&D Investment R&D expenditures totaled $11.33M USD in 2024, including $10.38M in capital expenditures for equipment and patents supporting core technology.
Risk Factors
Widening Net Operating Loss Net loss increased 180% to $(56.70M) USD in 2024 from $(20.27M) USD in 2023, continuing history of large operating losses.
Internal Control Material Weakness Material weakness found in internal control over financial reporting related to insufficient resources for effective financial close review processes.
Negative Operating Cash Flow Negative cash flow from operations reached $(23.29M) USD in 2024, highlighting continued need for external financing to fund growth strategy.
Outlook
Next-Gen Engine Sampling Plans include sampling second generation 400G and 800G Tx engines in 2025, enabling 1.6T and 3.2T optical chipset production.
Scale Production via GMSB Strategy centers on ramping wafer-level manufacturing capabilities at GMSB in Malaysia to enhance supply chain resilience and efficiency.
Module Sales Transition Transitioning to direct sales of Optical Transceiver Modules in niche markets during 2025, adding necessary electronic components for integration.
Peer Comparison
Revenue (TTM)
$957.34M
$727.51M
$696.78M
Gross Margin (Latest Quarter)
CEVA88.0%
APPS47.3%
COHU43.8%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| IMOS | $1.33B | 172.1 | 1.0% | 36.2% |
| COHU | $1.30B | -17.6 | -8.7% | 4.9% |
| POET | $940.84M | -12.8 | -119.7% | 6.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
117.4%
Strong Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Research & Insights
Next earnings:Mar 30, 2026
EPS:-$0.06
|Revenue:-
Reports
All Years
Form 20-F - FY 2024
Period End: Dec 31, 2024|Filed: Apr 1, 2025|Revenue: $41.43K-91.1%|EPS: $-0.94-84.3%MissForm 20-F - FY 2023
Period End: Dec 31, 2023|Filed: Mar 28, 2024|Revenue: $465.78K-15.7%|EPS: $-0.51+10.5%MissForm 20-F - FY 2022
Period End: Dec 31, 2022|Filed: Mar 31, 2023|Revenue: $552.75K+164.3%|EPS: $-0.57-11.8%MissForm 20-F - FY 2021
Period End: Dec 31, 2021|Filed: Apr 27, 2022|Revenue: $209.10K-94.6%|EPS: $-0.51+22.7%MissForm 20-F - FY 2020
Period End: Dec 31, 2020|Filed: Apr 9, 2021|Revenue: $3.89M+0.0%|EPS: $-0.66-65.0%Miss