Poet Technologies (POET) Change in Working Capital (2013 - 2024)

Poet Technologies (POET) has reported Change in Working Capital for 12 consecutive years, with -$4.5 million the latest figure, recorded in Q3 2024.

• Change in Working Capital for Q3 2024 came in at -$4.5 million, down 33.76% year-over-year; the trailing twelve-month figure through Sep 2024 was -$8.0 million (down 169.29% YoY), and the FY2023 annual result was $4.6 million, changed N/A from the prior year.
• Change in Working Capital was -$4.5 million for Q3 2024 at Poet Technologies, up from -$12.3 million in the prior quarter.
• Over five years, Change in Working Capital peaked at $21.7 million in Q3 2022 and troughed at -$12.3 million in Q2 2024.
• Average Change in Working Capital over 5 years is -$1.2 million, with a median of -$2.9 million recorded in 2021.
• Year-over-year, Change in Working Capital jumped 979.97% in 2022 and sank 281.04% in 2024.
• Over 5 years, Change in Working Capital stood at -$2.0 million in 2020, then declined by 20.79% to -$2.5 million in 2021, then surged by 979.97% to $21.7 million in 2022, then tumbled by 78.68% to $4.6 million in 2023, then tumbled by 197.16% to -$4.5 million in 2024.
• Per Business Quant data, the three most recent Change in Working Capital figures were -$4.5 million in Q3 2024, -$12.3 million in Q2 2024, and $4.2 million in Q1 2024.