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Mattr Corp. (T:MATR)

Business Focus: Construction Supplies & Fixtures (NEC)

Sector:  Consumer Cyclicals Industry:  Construction Supplies & Fixtures
 
Company Contact
Address: 25 Bethridge Road
TORONTO ON M9W 1M7
Tel: 1-416-743711
Website: https://www.mattr.com
IR: See website
Key People
Michael Reeves
President, Chief Executive Officer, Director
Thomas Holloway
Chief Financial Officer, Senior Vice President - Finance
Frank Cistrone
Group President - Connection Technologies
Martin Perez
Group President - Composite Technologies
Geoff Smith
Chief People and HSE Officer, Senior Vice President
Timothy Hutzul
Senior Vice President - Legal, General Counsel
Alexander Jones
Senior Vice President - Customer Solutions
Shannon Glover
Vice President - Legal, Corporate Secretary
Joel Semmelhack
Chief Revenue Officer
Business Overview
Mattr Corp., formerly Shawcor Ltd., is a global material technology company serving critical infrastructure markets, including electrification, transportation, communication, water management and energy. The Company operates through a network of fixed and mobile manufacturing and service facilities. The Company operates through two business segments: Composite Technologies and Connection Technologies. Composite Technologies segment consist of two operating units: the Xerxes business, which manufactures fiberglass reinforced plastic underground storage tanks primarily for the retail fuel, storm water and wastewater markets; and the FlexPipe business, which manufactures flexible fiberglass reinforced composite pipe used for oil and gas gathering and water disposal lines and carbon dioxide injection lines. Connection Technologies segment supplies specialty wire and cable and integrated heat shrink solutions.
Financial Overview
For the six months ended 30 June 2024, Mattr Corp revenues decreased 2% to C$478.3M. Net income before extraordinary items decreased 67% to C$11.7M. Revenues reflect Composite Systems segment decrease of 4% to C$271.8M, Connection technologies segment decrease of 3% to C$179.5M, North America segment decrease of 18% to C$388.4M, Asia Pacific segment decrease of 87% to C$12.5M, Latin America segment decrease of 74% to C$27M.
Employees: 1,774 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $713.35M as of Jun 30, 2024
Annual revenue (TTM): $914.49M as of Jun 30, 2024
EBITDA (TTM): $131.51M as of Jun 30, 2024
Net annual income (TTM): $32.15M as of Jun 30, 2024
Free cash flow (TTM): $70.04M as of Jun 30, 2024
Net Debt Last Fiscal Year: $78.72M as of Jun 30, 2024
Shares outstanding: 65,091,687 as of Oct 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization