---
schema_version: "secwatch.filing_event.v1"
accession: "0001436126-25-000021"
form_type: "8-K"
ticker: "MG"
cik: "0001436126"
company_name: "Mistras Group, Inc."
filed_at: "2025-03-05T23:59:59+00:00"
generated_at: "2026-05-25T09:56:43.405403+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mistras FY 2024 net income up 209% to $19.0M; Adj EBITDA up 25.3% to $82.5M

## Summary
- 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.

## SEC filing metadata
- accession: 0001436126-25-000021
- form_type: 8-K
- ticker: MG
- cik: 0001436126
- company_name: Mistras Group, Inc.
- filed_at: 2025-03-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1436126/000143612625000021/0001436126-25-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1436126/000143612625000021/mg-20250305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001436126-25-000021
- JSON: https://secwatch.observer/filing/0001436126-25-000021.json
- Plain text: https://secwatch.observer/filing/0001436126-25-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.