earnings
confidence high
sentiment positive
materiality 0.75
Mistras Group 2021 revenue $677M, net income $3.9M after prior-year loss
Mistras Group, Inc.
- Full-year 2021 revenue $677.1M (+14.3% organic); net income $3.9M vs prior net loss.
- Adjusted EBITDA $63.0M (+21.4%); margin 9.3% up 50 bps; free cash flow $23.0M.
- Gross debt reduced by $17.6M to $202.6M; net debt $178.5M at Dec 31, 2021.
- Services Q4 revenue $141.1M (+11.2%); International down 6.9% to $28.5M.
- Q1 2022 outlook: revenue low-single-digit growth, Adj. EBITDA essentially flat YoY.