Canada's Mattr Q4 revenue beats estimates

Mattr

12/03/2026 21:18

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)