Canada's Mattr Q4 revenue beats estimates
Overview
Canada materials technology firm's Q4 revenue rose 50.4% yr/yr, beating analyst expectations
Q4 adjusted EPS turned positive and beat analyst expectations
Adjusted EBITDA for Q4 increased yr/yr, beating analyst estimates
Outlook
Mattr expects 2026 revenue and adjusted EBITDA to be similar to or slightly below 2025 levels
Company sees 2026 Connection Technologies revenue lower than 2025, citing reduced wire and cable demand
Company expects 2026 Composite Technologies revenue to be higher than 2025 as capacity rises
Result Drivers
COST EFFICIENCIES - Improved manufacturing cost efficiencies and favorable margins in Flexpipe and enhanced Xerxes tank production supported Composite Technologies segment performance
LOWER EXPENSES - Favorable foreign-exchange movements and lower share-based compensation expense contributed to improved profitability
Company press release: ID:nGNX6llKXk
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | C$312.5 mln | C$289.93 mln (6 Analysts) |
Q4 Adjusted EPS | Beat | C$0.04 | -C$0.03 (4 Analysts) |
Q4 Net Income |
| -C$2 mln |
|
Q4 Adjusted EBITDA | Beat | C$31.8 mln | C$26.23 mln (7 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction supplies & fixtures peer group is "buy."
Wall Street's median 12-month price target for Mattr Corp is C$9.00, about 9% above its March 11 closing price of C$8.26
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 12 three months ago
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