Matterport, Inc. (NASDAQ:MTTR) is a 3D modeling and camera company that focuses on creating digital versions of real buildings. The company went public in February 2021, which was not a good time as there was a big transition from “growth stocks” to stocks of value in the market, due to high inflation figures released in March 2021. Since then, Matterport’s stock has dropped by 73%.

However, the company recently delivered “record” revenue for Q3 2022. Furthermore, Matterpot is poised to benefit from growth in the “Metaverse.” This is an industry that is forecast to grow at a compound annual growth rate of 39.8% and be worth nearly $1 trillion by 2030. So, in this post, I’m going to break down the company…