Mistras Group, Inc. (MG)

Mistras Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	729.64	705.47	687.37	677.13	592.57
Revenue Growth (YoY)	3.43%	2.63%	1.51%	14.27%	-20.84%
Cost of Revenue	492.93	477.67	466.57	457.01	391.86
Gross Profit	236.71	227.8	220.81	220.12	200.72
Selling, General & Admin	156.39	166.75	166.4	161.33	157.16
Research & Development	1.12	1.72	1.99	2.52	2.89
Other Operating Expenses	1.66	-	-	-	-
Operating Expenses	192.18	202.57	201.69	198.77	195.75
Operating Income	44.54	25.23	19.12	21.35	4.96
Interest Expense	-17.07	-16.76	-10.51	-10.88	-12.96
Other Non Operating Income (Expenses)	1.49	-	-	-	-
EBT Excluding Unusual Items	28.95	8.47	8.61	10.46	-7.99
Merger & Restructuring Charges	-5.52	-12.28	-0.27	-1.13	-0.34
Impairment of Goodwill	-	-13.8	-	-	-77.1
Asset Writedown	-	-	-	-	-28.96
Legal Settlements	0.81	-1.06	0.99	-2.04	0.22
Other Unusual Items	-	-	-0.04	-	-
Pretax Income	24.24	-18.67	9.29	7.29	-114.17
Income Tax Expense	5.27	-1.22	2.72	3.4	-14.71
Earnings From Continuing Operations	18.97	-17.45	6.57	3.89	-99.47
Minority Interest in Earnings	-0.01	-0.01	-0.08	-0.03	0.01
Net Income	18.96	-17.45	6.5	3.86	-99.46
Net Income to Common	18.96	-17.45	6.5	3.86	-99.46
Net Income Growth	-	-	68.37%	-	-
Shares Outstanding (Basic)	31	30	30	30	29
Shares Outstanding (Diluted)	32	30	30	30	29
Shares Change (YoY)	4.21%	0.33%	0.33%	3.37%	0.35%
EPS (Basic)	0.61	-0.58	0.22	0.13	-3.41
EPS (Diluted)	0.60	-0.58	0.21	0.13	-3.41
EPS Growth	-	-	61.54%	-	-
Free Cash Flow	32.23	5.89	13.82	24.1	52.41
Free Cash Flow Per Share	1.02	0.19	0.46	0.80	1.80
Gross Margin	32.44%	32.29%	32.12%	32.51%	33.87%
Operating Margin	6.10%	3.58%	2.78%	3.15%	0.84%
Profit Margin	2.60%	-2.47%	0.95%	0.57%	-16.79%
Free Cash Flow Margin	4.42%	0.83%	2.01%	3.56%	8.84%
EBITDA	74.65	56.43	49.51	53.27	37.07
EBITDA Margin	10.23%	8.00%	7.20%	7.87%	6.25%
D&A For EBITDA	30.11	31.2	30.39	31.92	32.11
EBIT	44.54	25.23	19.12	21.35	4.96
EBIT Margin	6.10%	3.58%	2.78%	3.15%	0.84%
Effective Tax Rate	21.75%	-	29.27%	46.58%	-
Advertising Expenses	1	1.4	2	1	0.8

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q