)
Matterport (MTTR) investor relations material
Matterport Q4 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record full year total revenue of $169.7 million, up 8% year-over-year.
Subscription revenue reached $99.6 million, up 14% year-over-year.
Total subscribers grew 23% to 1.2 million; square feet under management rose 33% to 50.7 billion.
Launched 2025 Winter Release and Matterport Marketing Cloud, introducing advanced AI and automation features.
Pending acquisition by CoStar Group, Inc., expected to close in Q1 2025.
Financial highlights
Q4 total revenue was $43.8 million; Q4 annualized recurring revenue reached $104.2 million.
Q4 net loss per share was $0.12 (GAAP) and $0.02 (Non-GAAP), a 50% year-over-year improvement.
FY2024 net loss per share was $0.80 (GAAP) and $0.06 (Non-GAAP), a 73% year-over-year improvement.
Gross profit for FY2024 was $82.9 million, up from $70.5 million in FY2023.
Cash, cash equivalents, and restricted cash at year-end totaled $153.6 million.
Outlook and guidance
No financial guidance provided for the upcoming quarter due to the pending CoStar acquisition.
- Subscription growth and lower cash use support the 2024 operating cash-flow breakeven target.MTTR
Q4 2023 - Q2 revenue up 7%, net loss widens on $95M charge; $2.1B CoStar deal advances.MTTR
Q2 2024 - Q3 revenue up 8% with strong subscriber growth, but $95M litigation charge impacted results.MTTR
Q3 2024 - Three of four proposals passed, including director election and auditor ratification.MTTR
AGM 2024
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
)