Mattr Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Mattr (TSE:MATR) Full Year 2024 Results

Key Financial Results

• Revenue: CA$885.3m (flat on FY 2023).
• Net loss: CA$6.20m (down by 115% from CA$42.3m profit in FY 2023).
• CA$0.094 loss per share (down from CA$0.61 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mattr Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) missed analyst estimates.

The primary driver behind last 12 months revenue was the Composite Technologies segment contributing a total revenue of CA$528.4m (60% of total revenue). Notably, cost of sales worth CA$641.5m amounted to 72% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CA$133.7m (53% of total expenses). Explore how MATR's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Energy Services industry in Canada.

Performance of the Canadian Energy Services industry.

The company's shares are up 9.1% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Mattr's balance sheet health.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.