Poet Technologies (POET) Beginning Cash Balance (2014 - 2024)

Poet Technologies (POET) has reported Beginning Cash Balance for 11 consecutive years, with $3.0 million the latest figure, recorded in Q1 2024.

• Beginning Cash Balance for Q1 2024 came in at $3.0 million, down 67.29% year-over-year; the trailing twelve-month figure through Sep 2024 was $3.0 million (down 67.29% YoY), and the FY2014 annual result was $3.3 million, up 127.12% from the prior year.
• Beginning Cash Balance was $3.0 million for Q1 2024 at Poet Technologies, down from $9.2 million in the prior quarter.
• Over five years, Beginning Cash Balance peaked at $14.9 million in Q1 2022 and troughed at $1.4 million in Q1 2020.
• Average Beginning Cash Balance over 5 years is $7.1 million, with a median of $6.9 million recorded in 2021.
• Year-over-year, Beginning Cash Balance jumped 381.25% in 2021 and slumped 67.29% in 2024.
• Over 5 years, Beginning Cash Balance stood at $1.4 million in 2020, then jumped by 381.25% to $6.9 million in 2021, then surged by 117.4% to $14.9 million in 2022, then slumped by 38.23% to $9.2 million in 2023, then plunged by 67.29% to $3.0 million in 2024.
• Per Business Quant data, the three most recent Beginning Cash Balance figures were $3.0 million in Q1 2024, $9.2 million in Q1 2023, and $14.9 million in Q1 2022.