Newly listed MetaOptics Ltd reports strong revenue growth of 891% year-on-year and remains well capitalized for growth with cash of S$8.8 million.

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SINGAPORE, February 28, 2026 /PRNewswire/ — MetaOptics Ltd (Catalist: 9MT) (“MetaOptics” or the “Company”, and together with its subsidiaries, the “Group”) recently listed in September 2025, is pleased to announce its first financial results for the year ended December 31, 2025 (“Fiscal year 2025“).

The Company recorded a significant increase in revenue of 891% year-on-year to S$0.8 million in FY2025, primarily due to the delivery of a direct laser engraver to a customer in Taiwan, as announced by the Company on September 24, 2025, enabling metal prototyping and fabrication in the region’s semiconductor supply chain, as well as sales of metal lenses and modules to customers around the world, to facilitate customers’ evaluation of metal solutions and their integration into their applications.

The FY2025 net loss of S$5.4 million was mainly attributable to the following areas:

(I) Expenditures incurred as the Group seeks growth platforms. One-time professional fees of approximately S$2.4 million were incurred during the financial year 2025, in connection with the Company’s listing on Catalist of the SGX-ST in September 2025, and the Company’s proposed dual listing on the NASDAQ stock exchange as announced on November 17, 2025;

(ii) Approximately S$1 million of non-cash expenses, including finance costs and depreciation and amortization; And

(iii) Increased research and development efforts. Research and development expenditure of approximately S$1.8 million was incurred in FY2025 in connection with and to drive new product launches, including the launch of the Group’s latest proprietary metal-powered consumer electronics prototypes and Generation 2 products at the recent CES 2026, which are expected to further strengthen the Group’s competitive position, given strong customer feedback and traction.

Position the Group for growth

As part of its succession plan and strategic expansion plans, the Group has also appointed Mr. Aloysius Chua Hao Peng (“Aloysius“) as Executive Director and General Manager, to drive and direct the strategic initiatives and growth of the Group’s 4 business groups including:

(I) Metalens equipment

– Focuses on selling advanced Metalens production machines, including Direct Laser Engraver, Metalens Auto Tester and Metalens Auto Assembler.

(ii) Metalens Foundry

– Custom metal lens manufacturing and manufacturing, particularly in the United States as a strategic growth base, enabling the Group to provide its metal lens design and manufacturing expertise to world-class customers and partners across the United States in the areas of 5G smartphones, data communications, data centers, fiber optics, AI semiconductor manufacturing and consumer electronics.

(iii) Metalens Products

– Design and development of IoT-based products, in particular the Metalens 5G smartphone, picoprojectors and smart glasses integrating Metalens with 3D gesture recognition

(iv) MetaOptics Artificial Intelligence (“AI”)

– Development of 3D biometrics, gesture recognition, imaging and IoT algorithms to optimize the implementation and performance of metalens technology

Mr. Thng Chong Kim, as Executive Chairman, continues to oversee management performance, strategic planning and business development, including the recent expansion into the United States with the recent incorporation of the US subsidiary, and membership in Stanford Engineering’s SystemX Alliance program, supporting the group’s strategy to provide high-performance meta-optical solutions to customers across North America.

The Group remains well capitalized, with a cash balance of approximately S$2.9 million and S$4.8 million undrawn from the net proceeds raised through the IPO and placement exercise undertaken in December 2025 respectively, providing a strong cash base totaling S$8.8 million enabling the Group to execute its global commercial rollout and meet customer requirements with metals solutions. high performance.

By order of the Council

Thng Chong Kim

Executive Chairman

February 28, 2026

About MetaOptics Ltd

MetaOptics Ltd (Catalist: 9MT) is a leading solid-state optics company pioneering glass-based metal solutions enhanced by AI-driven image processing. With an advanced optical design and a scalable 12-inch DUV lithography process, it powers next-generation applications in CPO, mobile, AR VR, automotive and other emerging markets. Headquartered in Singapore, MetaOptics aims to deliver high-performance optics with the reliability and scalability demanded by today’s most innovative technology brands. Learn more about www.metaoptics.sg.

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Source: PR Newswire