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MetaOptics Ltd Reports Impressive Financial Growth

MetaOptics Ltd, listed under Catalist (9MT), has unveiled its first financial results following its IPO in September 2025. For the fiscal year ending December 31, 2025 (FY2025), the company achieved a phenomenal 891% year-on-year increase in revenue, reaching S$787,388, compared to S$79,440 in the previous year. This dramatic leap primarily stems from the successful sale of a direct laser writer, a significant innovation enabling metalens prototyping and fabrication for customers, especially in Taiwan, as disclosed by the company on September 24, 2025.

In addition to the laser writer sales, MetaOptics has reported heightened demand for its metalenses and related products, bolstering its global sales and assisting clients in evaluating metalens solutions for integration into their applications.

Despite the impressive revenue growth, the company reported a net loss of S$5.4 million for FY2025. This loss reflects multiple strategic investments aimed at expanding the organization’s growth platforms. Notably, approximately S$2.4 million in one-off professional fees were incurred related to the company's listing on Catalist of the Singapore Exchange and forthcoming plans for a dual listing on NASDAQ, which was announced on November 17, 2025. The financial report also indicated nearly S$1 million in non-cash expenses, including finance costs, depreciation, and amortization, alongside increased research and development (R&D) expenses of about S$1.8 million.

The R&D expenditures are targeted towards launching new products, including advanced metalens-powered consumer electronics that were recently showcased at CES 2026, receiving significant positive feedback from customers.

Strategic Positioning for Future Growth

As part of its ongoing strategic expansion, MetaOptics has appointed Mr. Aloysius Chua Hao Peng as Executive Director and CEO. He is expected to spearhead the organization’s development across four primary business verticals:

1. Metalens Equipment: Selling state-of-the-art machines necessary for metalens production, including a direct laser writer, automatic testers, and assemblers.
2. Metalens Foundry: Custom manufacturing of metalenses in the United States, establishing a strategic base to collaborate with top-tier clients specializing in 5G smartphones, data communications, AI semiconductor manufacturing, and consumer electronics.
3. Metalens Products: Designing IoT-powered products such as 5G smartphones, pico projectors, and smart glasses that incorporate advanced metalens technology.
4. MetaOptics AI: Focusing on developing algorithms related to 3D biometric systems, gesture recognition, and IoT to enhance metalens technology applications.

The Executive Chairman, Mr. Thng Chong Kim, will continue to oversee the management and strategic development, including the company’s recent incorporation of a subsidiary in the United States. Additionally, MetaOptics recently joined Stanford University's SystemX Alliance program, reinforcing its commitment to delivering high-performance optics solutions in North America.

With a current cash balance of approximately S$2.9 million and an unutilized amount of S$4.8 million from its IPO, MetaOptics is well-positioned financially, boasting a total cash reserve of S$8.8 million. This robust cash position equips the company to execute its global commercial rollout plan and satisfy customer demands for high-quality metalens solutions.

MetaOptics Ltd continues to maintain a leading position as a pioneering semiconductor optics firm, committed to advancing glass-based metalens solutions enriched by AI-driven image processing technologies. Based in Singapore, the company aims to deliver reliable and scalable optical solutions that meet the demands of today's innovative tech landscape. For more information, visit MetaOptics.