Stock Analysis
Mattr (TSE:MATR) Full Year 2023 Results
Key Financial Results
- Revenue: CA$925.3m (down 26% from FY 2022).
- Net income: CA$55.8m (up from CA$30.0m loss in FY 2022).
- Profit margin: 6.0% (up from net loss in FY 2022).
- EPS: CA$0.81 (up from CA$0.43 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mattr Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 60%.
Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 10% decline forecast for the Energy Services industry in Canada.
Performance of the Canadian Energy Services industry.
The company's shares are up 4.1% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Mattr.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TSX:MATR
Mattr
Operates as a material technology company that serves the transportation, communication, water management, energy and electrification markets in Canada, the United States, Latin America, Europe, Middle East, Africa, and Asia Pacific.