earnings
confidence high
sentiment positive
materiality 0.75
Mistras FY 2024 net income up 209% to $19.0M; Adj EBITDA up 25.3% to $82.5M
Mistras Group, Inc.
- Revenue grew 3.4% to undisclosed base; net income $19.0M vs $6.2M prior year.
- Adjusted EBITDA (non-GAAP) $82.5M, up 25.3%; Free Cash Flow $27.1M, up 775.9%.
- Q4 EPS $0.17; operating cash flow $25.7M; SG&A decreased $10.4M (6.2%) for FY.
- Net cash from operations $50.1M, up 87.4%; margin improvement drove profitability.