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Mattr Announces Fourth Quarter & Full Year 2025 Results: Enhanced Exposure to North American Wire and Cable Markets Drives Year Over Year Growth
Globenewswire· 2026-03-12 21:01
Core Insights - Mattr Corp. reported strong year-over-year revenue and Adjusted EBITDA growth for both the fourth quarter and the full year of 2025, driven by increased demand in North American wire and cable markets and Composite Technologies' products [2][3] Financial Highlights - Fourth Quarter 2025: - Revenue reached $312.5 million, reflecting a 50.4% increase year-over-year - Operating Income was $13.4 million, up 242.7% year-over-year - Adjusted EBITDA was $31.8 million, a 149.9% increase year-over-year - Net Income from Continuing Operations was $0.8 million, up 103.8% year-over-year - Total Net Loss was $2.0 million, down 84.0% year-over-year - Total Diluted EPS was $(0.03), while diluted Adjusted EPS was $0.04 compared to $(0.20) in the prior year [6][10] - Full Year 2025: - Revenue totaled $1,268.5 million, a 43.3% increase year-over-year - Operating Income was $59.6 million, up 48.5% year-over-year - Adjusted EBITDA reached $154.8 million, a 43.1% increase year-over-year - Net Income from Continuing Operations was $48.3 million, a significant increase of 902.6% year-over-year - Total Net Income was $46.6 million, up 1412.0% year-over-year - Diluted EPS was $0.75, while diluted Adjusted EPS was $0.55 compared to $(0.06) in the prior year [6][10] Segment Performance - Connection Technologies: - Revenue was $190.7 million for Q4 2025, a 117.9% increase year-over-year - Operating Income was $14.8 million, up 288.5% year-over-year - Adjusted EBITDA was $24.2 million, a 143.1% increase year-over-year [14] - Composite Technologies: - Revenue was $121.8 million for Q4 2025, a slight increase of 1.3% year-over-year - Operating Income was $5.7 million, a substantial increase of 1239.9% year-over-year - Adjusted EBITDA was $14.8 million, a 57.1% increase year-over-year [15] Capital Allocation and Outlook - The company plans to maintain a flexible capital allocation strategy, focusing on debt reduction in 2026 due to increased debt from the acquisition of AmerCable [19][21] - Anticipated capital expenditures for 2026 are projected to be between $35 million and $45 million, with a focus on maintenance and high-return growth initiatives [22] - Revenue from Connection Technologies is expected to decline in 2026, while revenue from Composite Technologies is anticipated to increase [22]