Matterport: Waiting Out The Housing Market [Seeking Alpha]
Matterport, Inc. - Class A (MTTR)
Company Research
Source: Seeking Alpha
The introduction of Property Intelligence could provide a tailwind for the Company in the coming years. MTTR's losses remain large, driven by stock-based compensation, leading to significant investor dilution. Matterport's valuation leaves room for multiple expansions, but this may require the housing market to normalize first. Matterport's ( NASDAQ: MTTR ) business continues to grow, despite weak conditions in its core real estate market, indicating broader adoption of its subscription solution. The introduction of Property Intelligence could also provide a tailwind in coming years. Matterport's losses remain large though, and the company has made little progress towards profitability in recent quarters. While losses are largely the result of non-cash expenses, investors are being significantly diluted. The last time I wrote about Matterport in October 2023, I suggested that the weak demand environment and Matterport's large operating expenses made the stock risky, despite a
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MTTR
News
- CoStar Group: Strong Growth Momentum [Seeking Alpha]Seeking Alpha
- Matterport, Inc. (MTTR) Flat As Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- BMO Accelerates Branch Transformation at More Than 500 Locations Nationwide Using Matterport Digital Twins [Yahoo! Finance]Yahoo! Finance
- BMO Accelerates Branch Transformation at More Than 500 Locations Nationwide Using Matterport Digital TwinsGlobeNewswire
- Cord-Cutting 2.0: Cause for Worry? [Yahoo! Finance]Yahoo! Finance
MTTR
Earnings
- 2/20/24 - Beat
MTTR
Sec Filings
- 5/2/24 - Form 4
- 5/1/24 - Form 144
- 4/26/24 - Form 425
- MTTR's page on the SEC website