Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €16.10, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Professional Services industry in Europe. Total returns to shareholders of 219% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €25.83 per share. Reported Earnings • Aug 11
Second quarter 2026 earnings released: EPS: US$0.24 (vs US$0.096 in 2Q 2025) Second quarter 2026 results: EPS: US$0.24 (up from US$0.096 in 2Q 2025). Revenue: US$193.1m (up 4.2% from 2Q 2025). Net income: US$7.58m (up 151% from 2Q 2025). Profit margin: 3.9% (up from 1.6% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 11
Mistras Group, Inc. Increases Earnings Guidance for the Full Year 2026 Mistras Group, Inc. increased earnings guidance for the full year 2026. For the year, the company increased guidance to $740.0 million to $755.0 million in revenue. Aankondiging • Jul 28
Mistras Group, Inc. to Report Q2, 2026 Results on Aug 10, 2026 Mistras Group, Inc. announced that they will report Q2, 2026 results After-Market on Aug 10, 2026 Aankondiging • Jul 15
MISTRAS Group, Inc Launches AEScout Rapid-Deployment Acoustic Emission Monitoring Solution MISTRAS Group, Inc. announced the launch of AEScout, a rapid-deployment acoustic emission (AE) monitoring solution designed to help industrial operators identify active damage mechanisms to make more informed asset integrity decisions. AEScout supports localized monitoring of known or suspected areas of concern, helping operators determine whether cracking, corrosion-related activity, fatigue, or other damage mechanisms are active during operations. By providing insight between traditional inspection intervals, AEScout complements conventional non-destructive testing (NDT) inspections and strengthens risk-based inspection and integrity management programs. Built on MISTRAS’ decades of expertise and industry-proven acoustic emission technology, AEScout is designed for fast deployment in hazardous industrial environments where cabling constraints, power access, permitting, and mobilization can create barriers to monitoring. The system supports up to four AE channels for localized activity detection and source location, with wireless data transmission to a cloud-based monitoring environment for remote review and expert interpretation. AEScout is particularly effective for fatigue and stress corrosion cracking applications, where understanding the progression of crack-like indications is essential for maintaining asset integrity. Continuous monitoring data can be used to support RBI assessments and reassessments, reduce uncertainty between scheduled inspections, monitor known crack-like indications, and assess equipment operating outside normal Integrity Operating Windows (IOWs). Its low-power operating design enables event-driven monitoring, helping operators collect relevant data while minimizing unnecessary power consumption and data transfer. The solution also supports MISTRAS’ emerging Integrity Management as a Service model, in which customers retain rapid-deployment monitoring capability on site while MISTRAS provides deployment guidance, cloud-based data access, interpretation, engineering support, and reporting. This approach helps shift AE monitoring from a traditional project-based service to an on-demand integrity surveillance capability. Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. CEO, President & Director Natalia Shuman was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • May 08
Mistras Group, Inc. Reaffirms Earnings Guidance for the Full Year 2026 Mistras Group, Inc. reaffirmed earnings guidance for the full year 2026. the Company expects revenue to be between $730.0 million to $750.0 million. Aankondiging • Apr 22
Mistras Group, Inc. to Report Q1, 2026 Results on May 05, 2026 Mistras Group, Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026 Aankondiging • Apr 08
Mistras Group, Inc., Annual General Meeting, May 19, 2026 Mistras Group, Inc., Annual General Meeting, May 19, 2026. Aankondiging • Feb 19
Mistras Group, Inc. to Report Q4, 2025 Results on Mar 04, 2026 Mistras Group, Inc. announced that they will report Q4, 2025 results After-Market on Mar 04, 2026 Aankondiging • Jan 28
Mistras Group, Inc. Announces Appointment of Eileen Coggins as Executive Vice President, General Counsel, and Corporate Secretary MISTRAS Group, Inc. announced the appointment of Eileen Coggins as Executive Vice President, General Counsel, and Corporate Secretary. Eileen Coggins joins MISTRAS as Executive Vice President, General Counsel, and Corporate Secretary, overseeing legal, compliance, governance, and enterprise risk management. Her appointment reinforces the Company’s focus on strong governance, regulatory discipline, and effective risk oversight as MISTRAS continues to operate across highly regulated global markets. Aankondiging • Nov 05
Mistras Group, Inc. Provides Earnings Guidance for the Full Year 2025 Mistras Group, Inc. provided earnings guidance for the full year 2025. the Company expects full-year 2025 revenue to be between $716.0 million to $720.0 million. Aankondiging • Oct 23
Mistras Group, Inc. to Report Q3, 2025 Results on Nov 04, 2025 Mistras Group, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 04, 2025 Aankondiging • Jul 24
Mistras Group, Inc. to Report Q2, 2025 Results on Aug 06, 2025 Mistras Group, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Aankondiging • May 06
Mistras Group, Inc. to Report Q1, 2025 Results on May 07, 2025 Mistras Group, Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Aankondiging • Apr 24
MISTRAS Group, Inc. Launches MISTRAS Data Solutions Brand, Integrating Data-Driven Capabilities for Customers Worldwide MISTRAS Group, Inc. announced the launch of MISTRAS Data Solutions, a unified brand that consolidates the company's data-centric services, software solutions, and technology under one umbrella. MISTRAS Data Solutions brings together a powerful suite of capabilities and brands, including: PCMS®?, New Century Software, Integrity Plus, Onstream, MISTRAS OneSuite®?, Sensoria®?, CALIPERAY®?, VPAC®?II, and Triple 5. This strategic unification accelerates MISTRAS' evolution into the first data-driven asset integrity provider, integrating advanced analytics, industrial IoT, and inspection data software and management systems to support the full lifecycle of asset protection--from real-time monitoring to predictive maintenance and engineering analysis. MISTRAS Data Solutions builds on MISTRAS' decades-long leadership in non-destructive testing (NDT) technology, where the company has set the standard for quality, reliability, and technical expertise. This legacy continues evolving as MISTRAS redefines innovation through advanced robotics, sensor technologies, and software solutions. As industrial assets grow more complex and the demand for actionable, real-time insights increases, MISTRAS is accelerating its transformation -- from a pioneer in NDT to a global leader in integrated, data-driven asset protection. With MISTRAS Data Solutions, customers gain a unified approach to asset integrity that enhances visibility and control in the most demanding operational settings. By centralizing real-time data and generating actionable insights, MISTRAS enables plant operators, pipeline managers, and manufacturing engineers to reduce risk, maximize uptime, and avoid costly downtime -- ensuring continuous, efficient operations across their facilities. The offerings include: Cloud-based integrity management software; Digital twin and risk modeling capabilities; In-line inspection and data analytics; Real-time condition monitoring technologies; Advanced engineering and compliance services. Aankondiging • Apr 15
MISTRAS Group, Inc. Appoints Cliff Schaffer as Senior Vice President of In-Lab Services MISTRAS Group, Inc. announced the appointment of Cliff Schaffer as Senior Vice President of In-Lab Services. Reporting to Hani Hammad, Executive Vice President and Chief Operating Officer, Schaffer will lead MISTRAS’ in-lab strategy and operations across North America, with a focus on scaling services for aerospace and defense and heavy manufacturing sectors. Schaffer brings more than a decade of executive leadership experience in the testing, inspection, and certification (TIC) industry, most recently serving as Vice President of Operations at Element Materials Technology. In that role, he led a newly formed division supporting space and defense programs, achieving 22% annual revenue growth while significantly improving profitability and customer satisfaction. A graduate of the U.S. Naval Academy, Schaffer is widely recognized for driving transformational growth and operational agility across complex, highly regulated industries. Aankondiging • Apr 12
Mistras Group, Inc., Annual General Meeting, May 19, 2025 Mistras Group, Inc., Annual General Meeting, May 19, 2025. Aankondiging • Feb 27
Mistras Group, Inc. to Report Q4, 2024 Results on Mar 05, 2025 Mistras Group, Inc. announced that they will report Q4, 2024 results After-Market on Mar 05, 2025 Aankondiging • Feb 15
Mistras Group, Inc. Terminates John Smith from Executive Vice President, and President of Services Mistras Group, Inc. on February 7, 2025, terminated the employment of its Executive Vice President, and President of Services, John Smith. Mr. Smith’s separation is without cause and he will be entitled to receive severance and related benefits for such a separation, subject to the execution of a release by Mr. Smith. The severance and related benefits for Mr. Smith are described in the proxy statement for the Company’s 2024 Annual Meeting of Shareholders, filed on Schedule 14A with the Securities and Exchange Commission on April 4, 2024. See “Executive Compensation-Potential Payments upon Termination of Employment or Change of Control” in the foregoing Schedule 14A. Aankondiging • Feb 07
Mistras Group, Inc. Announces Demise of Sotirios J. Vahaviolos, Founder, Chairman Emeritus, and Board of Director The Board of Directors of MISTRAS Group, Inc. announced the passing of Dr. Sotirios J. Vahaviolos, the company’s Founder, Chairman Emeritus, and Board Director February 6, 2025. visionary leader and pioneer in the field of non-destructive testing (NDT) and acoustic emission (AE), Dr. Vahaviolos founded MISTRAS (originally Physical Acoustics Corporation) in 1978 and dedicated over four decades to building it into a global leader in testing, inspection, and asset protection solutions. His expertise, leadership, and commitment to excellence were instrumental in shaping the company’s strategic direction and fostering a culture of innovation that remains at the core of MISTRAS. Dr. Vahaviolos and the Board of Directors took careful measures over the years to ensure a seamless transition and continuity of leadership. MISTRAS will continue to operate as planned, with no changes to the company’s management or strategic direction. Prior to founding MISTRAS, Dr. Vahaviolos was a scientist and manager at AT&T Bell Laboratories, where he honed his expertise in electrical engineering and advanced NDT technologies. A distinguished academic, he earned a B.S. in Electrical Engineering (graduating first in his class) from Fairleigh Dickinson University, followed by an M.S., M.Phil., and Ph.D. in Electrical Engineering from Columbia University School of Engineering. Throughout his career, Dr. Vahaviolos was recognized as a Fellow of the Institute of Electrical and Electronics Engineers (IEEE), the American Society of Nondestructive Testing (ASNT), and the Acoustic Emission Working Group (AEWG). He also served as ASNT’s President (1992-1993) and Chairman (1993-1994) and received Gold Medals from ASNT (2001) and AEWG (2005) in recognition of his contributions to the field, in addition to several other accolades from various respected industry and scientific organizations.Beyond his professional accolades, Dr. Vahaviolos was one of the six founders of NDT Academia International in 2008, further demonstrating his dedication to advancing nondestructive testing worldwide. Aankondiging • Dec 13
Mistras Group, Inc. Announces the Appointment of Hani Hammad as Chief Operating Officer, Effective January 1, 2025 Mistras Group, Inc. announced the appointment of Hani Hammad as the Company’s Chief Operating Officer (COO), effective January 1, 2025. This appointment follows the recent hiring of Natalia Shuman as the Company’s President and Chief Executive Officer (CEO), to whom Mr. Hammad will report directly. In addition to his role as COO, Mr. Hammad will continue serving as MISTRAS Group Executive Vice President. In his role as COO, Mr. Hammad will continue to drive operational excellence, strategic growth, and a culture of innovation at MISTRAS Group. Working closely with both executive and operational management, Mr. Hammad will shape and implement strategies that expand market share by delivering exceptional customer value while overseeing the company’s services and data analytics solutions. Mr. Hammad joined MISTRAS Group after a tenure with global consultancy firm AlixPartners and recently served as MISTRAS Group’s Chief Transformation Officer (CTO). He has been pivotal in identifying and executing transformational value-creation opportunities, leading various process efficiency and organizational optimization initiatives, and driving MISTRAS’ investments in high-margin growth areas. The goal now is to further engrain the transformational, continuous improvement culture initiated by Project Phoenix into the company’s day-to-day operations on a permanent basis. This will help create additional value creation opportunities while sustaining the progress already made. He was instrumental in designing and managing MISTRAS Group’s Project Phoenix EBITDA Improvement Program, which identified over $47M in annual run rate EBITDA improvement opportunities. His expertise in facilitating operational and financial transformations has made him a trusted advisor in the industry, adept at leading complex value creation programs through challenging landscapes, including mergers & acquisitions and strategic market repositioning. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €8.75, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 51% over the past year. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.21 (vs US$0.34 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0.21 (up from US$0.34 loss in 3Q 2023). Revenue: US$182.7m (up 1.9% from 3Q 2023). Net income: US$6.40m (up US$16.7m from 3Q 2023). Profit margin: 3.5% (up from net loss in 3Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe. Aankondiging • Oct 25
Mistras Group, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Mistras Group, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Recent Insider Transactions • Sep 23
Insider recently sold €607k worth of stock On the 20th of September, Michael Lange sold around 63k shares on-market at roughly €9.72 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €718k more than they bought in the last 12 months. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: US$0.21 (vs US$0.011 in 2Q 2023) Second quarter 2024 results: EPS: US$0.21 (up from US$0.011 in 2Q 2023). Revenue: US$189.8m (up 7.8% from 2Q 2023). Net income: US$6.37m (up US$6.03m from 2Q 2023). Profit margin: 3.4% (up from 0.2% in 2Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 01
Mistras Group, Inc. Reaffirms Earnings Guidance for the Full Year 2024 Mistras Group, Inc. reaffirmed earnings guidance for the full year 2024. For the period, the company expects Revenue between $725 and $750 million. Aankondiging • Jul 26
Mistras Group, Inc. to Report Q2, 2024 Results on Jul 31, 2024 Mistras Group, Inc. announced that they will report Q2, 2024 results After-Market on Jul 31, 2024 Recent Insider Transactions • Jun 21
Independent Director recently sold €151k worth of stock On the 20th of June, Richard Glanton sold around 21k shares on-market at roughly €7.17 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €111k more than they bought in the last 12 months. New Risk • Jun 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 9.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). New Risk • May 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.032 (vs US$0.17 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.032 (up from US$0.17 loss in 1Q 2023). Revenue: US$184.4m (up 9.8% from 1Q 2023). Net income: US$995.0k (up US$5.98m from 1Q 2023). Profit margin: 0.5% (up from net loss in 1Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Aankondiging • May 02
Mistras Group, Inc. Reaffirms Earnings Guidance for the Year 2024 Mistras Group, Inc. reaffirmed earnings guidance for the year 2024. The company reaffirms the 2024 full year guidance previously provided, that being: full year revenue between $725 million and $750 million. Aankondiging • Apr 28
Mistras Group, Inc. to Report Q1, 2024 Results on May 01, 2024 Mistras Group, Inc. announced that they will report Q1, 2024 results After-Market on May 01, 2024 Aankondiging • Apr 05
Mistras Group, Inc., Annual General Meeting, May 14, 2024 Mistras Group, Inc., Annual General Meeting, May 14, 2024, at 11:00 Eastern Standard Time. Agenda: To elect seven directors to Board of Directors; to ratify the appointment by the Audit Committee of the Board of Directors of PricewaterhouseCoopers LLP as the independent registered public accounting firm of Mistras Group, Inc. for the year ending December 31, 2024; to approve of the Mistras Group, Inc. Amended and Restated 2016 Long-Term Incentive Plan, including the numbers of shares authorized to be issued; to approve, on an advisory basis, the compensation of Mistras Group, Inc.'s named executive officers; and to consider the other matters. Reported Earnings • Mar 08
Full year 2023 earnings released: US$0.57 loss per share (vs US$0.22 profit in FY 2022) Full year 2023 results: US$0.57 loss per share (down from US$0.22 profit in FY 2022). Revenue: US$705.5m (up 2.6% from FY 2022). Net loss: US$17.5m (down 369% from profit in FY 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Mar 07
Mistras Group, Inc. Reiterates Earnings Guidance for 2024 Mistras Group, Inc. reiterated earnings guidance for 2024. The company reiterated the preliminary guidance released in conjunction with the release of its financial results for the third quarter of 2023. For 2024, the Company anticipates full year revenue between $725-$750 million. Aankondiging • Mar 01
Mistras Group, Inc. to Report Q4, 2023 Results on Mar 06, 2024 Mistras Group, Inc. announced that they will report Q4, 2023 results After-Market on Mar 06, 2024 New Risk • Feb 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risk Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Recent Insider Transactions • Nov 17
Executive VP & President of Services recently sold €58k worth of stock On the 14th of November, John Smith sold around 10k shares on-market at roughly €5.80 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €38k more than they bought in the last 12 months. Aankondiging • Nov 04
Mistras Group, Inc. . Provides Earnings Guidance for the Full Year 2023 Mistras Group, Inc. . provided earnings guidance for the full year 2023. Revenue is now expected to be between $695 and $705 million(from $700-$720 million previously). Reported Earnings • Nov 03
Third quarter 2023 earnings released: US$0.34 loss per share (vs US$0.15 profit in 3Q 2022) Third quarter 2023 results: US$0.34 loss per share (down from US$0.15 profit in 3Q 2022). Revenue: US$179.4m (flat on 3Q 2022). Net loss: US$10.3m (down 336% from profit in 3Q 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 28
Mistras Group, Inc. to Report Q3, 2023 Results on Nov 02, 2023 Mistras Group, Inc. announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Aankondiging • Oct 05
Mistras Group, Inc. Appoints Gennaro (Jerry) D’Alterio as Executive Vice President and Chief Commercial Officer MISTRAS Group, Inc. announced the hiring of Gennaro (Jerry) D’Alterio and his appointment as Executive Vice President and Chief Commercial Officer responsible for accelerating the development and adoption of new revenue growth strategies. The implementation of these initiatives is a significant step signaling MISTRAS Group’s commitment to delivering increased value to its customers and shareholders. There are a number of additional, similarly impactful initiatives expected to be rolled out in the near future under Project Phoenix. The Company expects to be able to report on the implementation of additional initiatives on its third quarter 2023 conference call. As such, all business development, sales activities, and strategic marketing will be centralized under the direction of this newly-established position, Chief Commercial Officer. Gennaro (Jerry) D’Alterio, an accomplished executive with an extensive track record of growing businesses, has joined MISTRAS Group in this very exciting role as Executive Vice President and Chief Commercial Officer. In establishing and centralizing this function, Jerry will be leading the efforts to identify opportunities in fast-growing markets and more rapidly develop and introduce new and better products and services, leveraging our extensive resources across the entire Company. Reporting directly to Ed Prajzner, Senior Executive Vice President and Chief Financial Officer, Mr. D'Alterio will focus on accelerating profitability, defining go-to-market sales strategies, and implementing best-in-class commercial operating models to enhance growth and profitability across the organization. Additionally, Mr. D'Alterio will spearhead a newly-established commercial finance function. This function is strategically aligned with MISTRAS Group's Project Phoenix and aims to serve as a catalyst for the company's sustainable commercial transformation. With over 20 years of proven executive leadership, Mr. D'Alterio excels at driving commercial transformations. An impactful leader with a consistent track record for fostering success-oriented cultures, he most recently served as the Vice President of Product Management and Director, Global Business Development at CECO Environmental's Fluid Handling & Filtration segment, where he also held the positions of President and Global President. In these roles, Mr. D'Alterio led initiatives that resulted in exponential revenue growth and significant margin improvements. He also launched multiple new products and assembled a global sales team that successfully expanded international revenue across Europe, the Middle East, Africa, and Asia. Beyond his expertise in sales, Mr. D’Alterio is certified in LEAN enterprise and manufacturing, bringing a unique perspective and set of benefits to MISTRAS' customers. Mr. D'Alterio holds an MBA and a Bachelor of Science in Mechanical Engineering from Villanova University. He is also a member of the Hydraulic Institute and the International Desalination Association, and serves on the Board of the Aquatic Animal Life Support Operators organization. Mr. D’Alterio was appointed Executive Vice President and Chief Commercial Officer (EVP/CCO) in September 2023. This strategic hire supports MISTRAS' ongoing commitment to commercial transformation and builds on the foundational work of Project Phoenix. New Risk • Aug 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 58% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$0.011 (vs US$0.15 in 2Q 2022) Second quarter 2023 results: EPS: US$0.011 (down from US$0.15 in 2Q 2022). Revenue: US$176.0m (down 1.7% from 2Q 2022). Net income: US$337.0k (down 93% from 2Q 2022). Profit margin: 0.2% (down from 2.6% in 2Q 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 29
Mistras Group, Inc. to Report Q2, 2023 Results on Aug 02, 2023 Mistras Group, Inc. announced that they will report Q2, 2023 results After-Market on Aug 02, 2023 Reported Earnings • May 05
First quarter 2023 earnings released: US$0.17 loss per share (vs US$0.18 loss in 1Q 2022) First quarter 2023 results: US$0.17 loss per share (improved from US$0.18 loss in 1Q 2022). Revenue: US$168.0m (up 3.9% from 1Q 2022). Net loss: US$4.99m (loss narrowed 7.0% from 1Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Aankondiging • May 05
Mistras Group, Inc. Reaffirms Revenue Guidance for the Full Year 2023 Mistras Group, Inc. reaffirmed revenue guidance for the full year 2023. The Company reaffirmed the 2023 full year guidance previously provided, that being: Revenue between $710 million and $740 million. Board Change • May 03
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Charlie Pizzi was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.