Mattr Corp · TSX:MATR
Mattr — Q1 2025 Earnings Presentation
13 slides from Mattr's earnings presentation, May 15, 2025
Slide 1: Earnings Release Presentation Q1 2025
Earnings Release Presentation Q1 2025
Slide 2: Forward Looking Information
Forward Looking Information Q1 2025 This presentation contains forward-looking information within the meaning Additional information on the risks and uncertainties on the Company’s of applicable securities laws. Words such as "may", "will", "should", business can be found in the Company’s current An
Slide 3: Highlights – Q1 2025
Highlights – Q1 2025 Maintaining disciplined capital allocation approach with “all of the above” strategy • Completed acquisition of AmerCable Incorporated from Nexans USA Inc. Organic Normal Course Net-debt- • Q1-25 Continuing Operations Revenue of $320.1M, a to Adjusted EBITDA <2x Investment 52% i
Slide 4: Connection Technologies – Q1 2025
Connection Technologies – Q1 2025 • Revenue of $187 million, a 106% increase vs. Q1-24 and a new revenue record as the segment reports its first quarter including the newly acquired AmerCable business • DSG-Canusa revenue increased vs. prior year, primarily from share gain in North American auto end
Slide 5: Mattr Positioned to Benefit from Unfolding Nuclear Renaissance
Mattr Positioned to Benefit from Unfolding Nuclear Renaissance Mattr currently addresses the nuclear market through its Shawflex highly engineered wire and cable portfolio Shawflex is the provider of choice to Canadian ‘CANDU’ nuclear power generation sites Canadian CANDU nuclear refurbishment
Slide 6: Composite Technologies – Q1 2025
Composite Technologies – Q1 2025 • Q1-25 revenue of $133 million, an 11% increase vs. Q1-24 • Xerxes revenue higher year-over-year, as strong demand for fuel storage and water management products continues • Flexpipe North American revenue higher year-over-year on continued market share gain, despit
Slide 7: Discontinued Operations (Thermotite)
Discontinued Operations – Q1 2025 (Thermotite) During the third quarter of 2024, the Company entered into a definitive agreement to sell Thermotite, its Brazilian pipe coating business. The sale is expected to close by mid-2025. Until close, Revenue and Adjusted EBITDA from Brazilian pipe coating op
Slide 8: Financial Results – Q1 2025
CURRENT QUARTER VS PRIOR-YEAR QUARTER HIGHLIGHTS Financial Results – Q1 2025 Connection Technologies Continuing Operations $ In millions Q1 2025 Q1 2024 Change Revenue Adj. EBITDA Revenue 187.3 90.8 106.4% $320.1M $46.6M Adj. EBITDA 30.5 17.6 72.9% Adj. EBITDA Margin (%) 16.3 19.4 310bps Connection
Slide 9: Cashflow and Debt – Q1 2025
Cashflow and Debt – Q1 2025 Consolidated Cash & Debt Net Debt to Adj EBITDA AmerCable acquired 7.10 Jan 2, 2025, resulting in leverage increase 5.11 3.82 3.69 3.63 3.28 2.26 2.22 1.90 1.98 1.96 1.42 1.01 0.46 0.53 0.50 0.59 0.04 0.23 (0.26) (0.23) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q
Slide 10: CAPEX – Q1 2025
CAPEX – Q1 2025 Capital spend (including outstanding payments to suppliers) of $11.6 million in Q1, of which $8.6 million was directed to CAPEX ($CAD MM) growth capital – mostly new product readiness and MEO projects $160 $148 $140 $10 Note: total cash outlay for capital expenditures during Q1 was $
Slide 11: 2025 Outlook – Q1 2025
Substantial market uncertainty exists regarding the potential duration & 2025 Outlook – Q1 2025 scope of tariffs and any related changes in economic conditions The outlook below incorporates Mattr’s best estimate of these impacts as of May 14, 2025 and is subject to change Macro & Strategic Operatio
Slide 12: Fundamental Transformation Complete - Positioned to Execute in 2025 & Beyond
Fundamental Transformation Complete - Positioned to Execute in 2025 & Beyond Strong liquidity position & Global material technology Supportive long-term critical optimally deploying capital company with leading market infrastructure and industrial positions across all operating fundamentals $52.7 mi
Slide 13: Thank you.
@ = Thank you. Infrastructure Technologies