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Mattr Reports Sharp Rise in Q4 Net Income as Revenue Beats Estimates
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Mattr Reports Sharp Rise in Q4 Net Income as Revenue Beats Estimates
Mar 12, 2026 3:03 PM

05:29 PM EDT, 03/12/2026 (MT Newswires) -- Mattr ( MTTRF ) reported a 104% year-over-year increase in its fourth-quarter net income, driven by strong revenue growth that beat analysts' estimates.

The company said net income from continuing operations rose to C$0.8 million from a loss of $20.3 million in the prior-year period. Adjusted earnings per share, excluding most one-time items, were $0.04, compared with a loss of $0.20 a year earlier, and exceeded FactSet analysts' estimates for a loss of $0.02 per share.

Revenue surged 50% year over year to $312.5 million from $207.8 million in the prior-year period, topping FactSet analysts' estimates of $288.6 million.

"Mattr ( MTTRF ) delivered strong year over year revenue and adjusted EBITDA growth in both the fourth quarter and the full year of 2025, reflecting enhanced exposure to North American wire and cable demand through the addition of AmerCable in January 2025, and continued demand for Composite Technologies' products in transportation, energy and water management markets," said Mike Reeves, president and CEO.

Shares of the company closed down $0.07 to $8.19 on Toronto Stock Exchange on Wednesday.

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