Mistras Group, Inc.

MGMistras Group, Inc. US flag

New York Stock Exchange

17.60

USD

-0.44

- -

559.97MMarket Cap

Income Statement (USD)

API Chat

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	437	529	623	711	719	685	701	742	749	593	677	687	705	730	724
+ Sales & Services Revenue	437	529	623	711	719	685	701	742	749	593	677	687	705	730	724
- Cost of Revenue	307	381	451	527	516	- -	513	534	531	414	480	489	521	537	520
+ Cost of Goods & Services	307	381	451	527	516	- -	513	534	531	414	480	489	521	537	520
Gross Profit	130	148	173	185	203	194	188	208	217	179	197	198	184	192	205
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	92	113	137	160	155	169	166	188	192	174	176	179	159	148	151
+ Selling, General & Admin	83	102	124	144	141	155	152	172	169	157	161	166	147	135	140
+ Research & Development	2	2	3	3	3	3	2	3	3	3	3	2	2	1	1
+ Other Operating Expense	6	9	11	13	11	11	12	13	20	14	12	11	10	11	10
Operating Income (Loss)	38	35	36	25	48	26	22	20	25	5	21	19	25	45	53
- Non-Operating (Income) Loss	4	11	1	-1	10	3	22	6	15	119	14	10	44	20	31
+ Interest Expense, Net	3	3	3	5	5	3	4	8	14	13	11	11	17	17	15
+ Interest Expense	3	3	3	5	5	3	4	8	14	13	11	11	17	17	15
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	1	8	-3	-5	5	- -	18	-2	1	106	3	-1	27	3	16
Pretax Income	34	24	35	26	38	22	- -	14	10	-114	7	9	-19	24	22
- Income Tax Expense (Benefit)	12	13	13	10	14	8	2	7	4	-15	3	3	-1	5	6
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	21	12	23	16	25	14	-2	7	6	-99	4	7	-17	19	17
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	15	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	15	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	21	12	22	16	25	- -	-2	7	6	-99	4	6	-17	19	17
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	21	12	23	16	25	- -	-2	7	6	-99	4	6	-17	19	17
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	21	12	23	16	25	- -	-2	7	6	-99	4	6	-17	19	17
EBIT	38	35	36	25	48	26	22	20	25	5	21	19	25	45	53
EBITDA	60	62	64	58	81	58	53	55	64	41	56	52	59	78	84
EBITDA Margin (%)	13.76	11.71	10.28	8.22	11.2	8.46	7.62	7.38	8.49	6.86	8.31	7.62	8.41	10.63	11.63
EBITA	38	35	36	25	48	26	22	20	25	5	21	19	25	45	53
Gross Margin (%)	29.69	28.03	27.74	25.97	28.23	100	26.78	28	29.03	30.13	29.12	28.83	26.12	26.34	28.25
Operating Margin (%)	8.72	6.68	5.72	3.54	6.68	3.73	3.15	2.74	3.34	0.84	3.15	2.78	3.58	6.1	7.35
Profit Margin (%)	4.89	2.2	3.61	2.26	3.43	- -	-0.31	0.92	0.81	-16.78	0.57	0.95	-2.47	2.6	2.33
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	22	27	28	33	32	32	31	34	39	36	35	33	34	33	31
Basic Weighted Avg Shares	28	28	28	29	29	29	28	28	29	29	30	30	30	31	31
Basic EPS, GAAP	0.77	0.41	0.79	0.56	0.85	- -	-0.08	0.24	0.21	-3.41	0.13	0.22	-0.58	0.61	0.54
Basic EPS from Cont Ops	0.77	0.41	0.8	0.56	0.85	0.5	-0.08	0.24	0.21	-3.41	0.13	0.22	-0.58	0.61	0.54
Diluted Weighted Avg Shares	29	29	29	30	30	30	28	29	29	29	30	30	30	32	32
Diluted EPS, GAAP	0.74	0.4	0.77	0.54	0.82	- -	-0.08	0.23	0.21	-3.41	0.13	0.21	-0.58	0.6	0.53
Diluted EPS from Cont Ops	0.74	0.4	0.77	0.54	0.82	0.48	-0.08	0.23	0.21	-3.41	0.13	0.22	-0.58	0.6	0.53

Balance Sheet (USD)

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	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	134	140	175	171	188	- -	195	203	179	163	161	168	180	172	216
+ Cash, Cash Equivalents & STI	8	8	10	11	21	- -	28	26	15	26	24	20	18	18	28
+ Cash & Cash Equivalents	8	8	10	11	21	- -	28	26	15	26	24	20	18	18	28
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	105	109	138	133	138	- -	138	148	136	108	110	124	133	127	155
+ Accounts Receivable, Net	105	109	138	133	138	- -	138	148	136	108	110	124	133	127	155
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	12	13	11	11	10	- -	11	13	13	13	13	14	15	14	14
+ Raw Materials	6	6	6	6	5	- -	7	9	8	8	8	8	9	8	9
+ Work In Process	2	2	2	2	2	- -	1	1	2	1	1	- -	1	1	1
+ Finished Goods	4	4	3	3	3	- -	3	3	4	5	5	5	6	5	4
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	8	11	16	17	19	- -	19	16	15	16	15	10	15	12	20
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	196	238	269	300	295	- -	359	491	541	421	401	367	354	351	363
+ Property, Plant & Equip, Net	64	68	78	79	79	- -	87	94	99	93	87	78	81	81	93
+ Property, Plant & Equip	131	150	177	190	203	- -	232	251	270	283	294	297	320	322	350
- Accumulated Depreciation	67	82	99	111	124	- -	145	158	172	190	208	219	239	241	257
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	133	169	191	221	216	- -	272	397	442	328	314	289	273	270	269
+ Total Intangible Assets	131	168	188	218	213	- -	267	391	392	275	265	249	231	221	223
+ Goodwill	97	115	131	166	169	- -	203	279	282	206	205	200	187	181	185
+ Other Intangible Assets	34	52	58	51	43	- -	64	111	110	69	59	49	44	40	38
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	1	2	3	3	3	- -	5	7	50	53	49	41	42	49	46
Total Assets	330	378	444	472	483	- -	554	694	720	583	562	535	535	523	579
+ Payables & Accruals	41	47	60	56	67	- -	67	72	73	71	73	67	78	71	80
+ Accounts Payable	12	8	15	11	11	- -	10	14	15	14	13	13	17	11	15
+ Accrued Taxes	1	2	2	1	3	- -	6	2	2	3	1	2	1	2	1
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	28	36	44	45	54	- -	51	56	56	54	59	53	60	58	63
+ ST Debt	12	14	15	27	20	- -	8	11	21	25	34	22	25	28	31
+ ST Borrowings	6	7	8	18	13	- -	2	7	7	11	20	7	9	12	13
+ ST Finance Leases	6	7	7	9	8	- -	6	4	14	14	14	15	16	17	18
+ Other ST Liabilities	11	11	11	11	9	- -	15	17	15	14	15	15	14	15	14
+ Deferred Revenue	5	3	3	4	3	- -	6	5	6	7	6	8	7	8	9
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	6	9	8	7	6	- -	9	12	10	8	8	7	7	7	5
Total Current Liabilities	64	72	87	94	97	- -	90	100	109	110	121	104	117	115	124
+ LT Debt	47	64	82	106	84	- -	173	293	261	221	192	194	193	173	182
+ LT Borrowings	34	53	69	96	72	- -	165	284	248	210	182	184	181	158	165
+ LT Finance Leases	13	11	14	11	12	- -	9	9	13	11	10	10	11	15	17
+ Other LT Liabilities	25	32	33	27	25	- -	20	30	63	56	48	39	35	36	36
+ Accrued Liabilities	5	13	16	17	18	- -	9	23	21	8	8	6	3	2	1
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	20	19	17	10	7	- -	11	6	42	47	39	32	32	34	35
Total Noncurrent Liabilities	72	96	115	133	110	- -	193	322	325	276	240	232	228	209	219
Total Liabilities	137	168	202	227	206	- -	284	423	434	386	361	336	344	324	343
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	189	196	202	208	214	- -	223	227	229	235	239	243	247	251	257
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	188	195	202	208	214	- -	222	227	229	235	239	243	247	251	257
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	7	19	42	58	82	- -	65	72	78	-22	-18	-11	-29	-10	7
+ Other Equity	-3	-4	-2	-21	-20	- -	-17	-28	-21	-16	-20	-33	-28	-43	-29
Equity Before Minority Interest	193	210	242	245	276	- -	271	271	286	197	201	198	190	199	235
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
Total Equity	193	210	242	245	276	- -	271	271	286	197	201	199	191	199	236
Total Liabilities & Equity	330	378	444	472	483	- -	554	694	720	583	562	535	535	523	579
Shares Outstanding	28	28	28	29	29	- -	28	29	29	29	30	30	31	31	32
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	19	18	21	19	20	- -	15	13	27	25	24	25	27	32	35
Net Debt	32	52	67	103	64	- -	139	265	240	194	178	171	173	151	150
Net Debt to Equity	16.47	24.95	27.49	42	23.1	- -	51.46	97.79	83.8	98.6	88.82	85.92	90.68	76.09	63.65
Tangible Common Equity Ratio	31.21	20.25	21.13	10.76	23.55	- -	1.26	-39.42	-32.3	-25.09	-21.49	-17.43	-13.46	-7.37	3.49
Current Ratio	2.08	1.94	2.02	1.83	1.94	- -	2.16	2.02	1.64	1.48	1.33	1.62	1.55	1.5	1.74
Cash Conversion Cycle	78.56	75.65	72.26	68.4	68.59	- -	36.07	70.22	68.49	73.82	58.02	62.24	66.14	65.6	71.91

Cash Flow Statement (USD)

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	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	21	12	23	16	25	14	-2	7	6	-99	4	7	-17	19	17
+ Depreciation & Amortization	22	27	28	33	32	32	31	34	39	36	35	33	34	33	31
+ Non-Cash Items	4	11	2	4	4	5	18	7	7	104	7	5	14	-1	11
+ Stock-Based Compensation	5	6	6	7	7	7	7	6	6	6	5	5	6	5	8
+ Deferred Income Taxes	-1	-2	-1	-2	- -	-2	-5	2	-4	-13	- -	-1	-5	-5	- -
+ Asset Impairment Charge	- -	10	- -	- -	- -	- -	16	- -	- -	106	- -	- -	14	- -	- -
+ Other Non-Cash Adj	- -	-3	-3	-1	-3	- -	1	-1	5	6	1	- -	- -	-1	3
+ Chg in Non-Cash Work Cap	-16	-6	-16	-3	7	11	8	-7	8	27	-4	-18	-4	-1	-26
+ (Inc) Dec in Accts Receiv	-18	5	-24	4	-5	8	2	-10	8	27	-4	-17	-8	1	-25
+ (Inc) Dec in Inventories	-2	1	1	- -	2	1	- -	-3	- -	- -	- -	-1	-2	- -	1
+ (Inc) Dec in Prepaid Assets	-2	-1	-4	-1	-2	-5	-2	1	3	-1	1	6	-2	1	-7
+ Inc (Dec) in Accts Payable	6	-11	10	-6	13	7	8	5	-4	1	-1	-5	8	-3	5
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	31	44	37	50	68	63	56	42	59	68	42	26	27	50	33
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	2	1	1	1	1	2	1	1	2	1	1	1	2	2	4
+ Disp of Fixed Prod Assets	2	1	1	1	1	2	1	1	2	1	1	1	2	2	4
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-10	-14	-18	-16	-16	-16	-21	-21	-23	-16	-19	-13	-24	-23	-29
+ Acq of Fixed Prod Assets	-10	-13	-17	-15	-15	-14	-19	-21	-22	-15	-18	-13	-21	-18	-25
+ Acq of Intangible Assets	-1	-1	-1	-1	-1	-1	-1	-1	-1	- -	-1	-1	-3	-5	-5
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	-9	-16	- -	- -	- -	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	-9	-16	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-29	-33	-22	-35	-2	-8	-83	-136	-4	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	4	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-29	-33	-22	-35	-2	-8	-83	-140	-4	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-38	-45	-38	-50	-17	-22	-103	-155	-25	-15	-19	-12	-22	-21	-25
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	17	5	6	-37	-17	71	119	-40	-40	-20	-69	-6	-26	1
+ Cash From Debt	25	29	103	113	59	64	131	178	33	38	178	510	84	72	82
+ Repayments of Debt	-25	-12	-98	-107	-95	-81	-59	-59	-73	-78	-198	-579	-90	-98	-80
+ Other Financing Activities	2	-16	-1	-4	-4	-4	-2	-5	-4	-4	-3	53	-2	-1	-2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	2	1	3	2	-40	-30	53	114	-44	-44	-23	-16	-8	-27	-1
Effect of Foreign Exchange Rates	2	- -	- -	-2	- -	-1	2	-2	- -	2	-2	-1	- -	-1	2
Net Changes in Cash	-4	-1	2	2	11	11	6	- -	-10	9	- -	-2	-3	1	7
EBITDA	60	62	64	58	81	58	53	55	64	41	56	52	59	78	84
EBITDA Margin (%)	13.76	11.71	10.28	8.22	11.2	8.46	7.62	7.38	8.49	6.86	8.31	7.62	8.41	10.63	11.63
Free Cash Flow	21	30	19	34	52	47	35	21	36	52	23	13	3	27	4
Net Cash Paid for Acquisitions	29	33	22	35	2	8	83	136	4	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	23	32	21	37	55	49	- -	24	44	- -	29	20	- -	40	15
Free Cash Flow to Equity	24	49	26	41	18	33	109	141	-1	13	5	-54	1	8	13
Free Cash Flow per Basic Share	0.75	1.07	0.68	1.18	1.8	1.63	1.24	0.72	1.26	1.79	0.78	0.43	0.1	0.88	0.12
Price/Free Cash Flow	15.47	10.91	12.26	8.32	8.8	9.78	8.73	6.74	5.05	2.71	3.64	3.74	4.41	3.92	6.52
Cash Flow to Net Income	1.47	3.74	1.64	3.1	2.76	- -	-25.65	6.09	9.75	-0.68	10.95	4.06	-1.53	2.64	1.96
Capital Expenditures	-10	-14	-18	-16	-16	-16	-21	-21	-23	-16	-19	-13	-24	-23	-29