$11.90

+0.25 (+2.15%)

Weekly Expected Move ±3.5%

$11 $11 $12 $12 $13

NYSE · Basic Materials · Chemicals - Specialty · Tech Score Neutral · Power 46 · $655.9M mcap · 50M float · 1.09% daily turnover · Short 57% of daily vol

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$2.0B +0.3% ▲

5Y CAGR: +13.1%

Gross Profit

$300M -17.7% ▼

5Y CAGR: -0.6%

Operating Income

$47M +652.4% ▲

5Y CAGR: -18.1%

Net Income

-$337M -592.8% ▼

EPS (Diluted)

$-6.19 -587.8% ▼

EBITDA

-$250M -278.7% ▼

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$931M	$1.6B	$2.0B	$2.0B	$2.0B
YoY Growth	+34.0%	+50.5%	-6.5%	-2.2%	+0.3%
Cost of Revenue	$748M	$1.3B	$1.7B	$1.6B	$1.7B
Gross Profit	$183M	$306M	$356M	$364M	$300M
Gross Margin	19.7%	18.7%	17.6%	18.4%	15.1%
R&D Expenses	$12M	$19M	$21M	$23M	$24M
SG&A Expenses	$186M	$255M	$264M	$234M	$229M
Operating Expenses	$199M	$346M	$770M	$358M	$252M
Operating Income	-$16M	-$40M	-$414M	$6M	$47M
Operating Margin	-1.7%	-2.5%	-20.4%	0.3%	2.4%
Interest Expense	$40M	$57M	$62M	$75M	$71M
Income Before Tax	-$26M	-$96M	-$481M	-$79M	-$463M
Tax Expense	-$28M	-$28M	$27M	-$30M	-$126M
Net Income	$89M	-$7M	-$310M	-$49M	-$337M
Net Margin	9.6%	-0.4%	-15.3%	-2.5%	-17.0%
EPS (Diluted)	$2.80	$-0.18	$-5.69	$-0.90	$-6.19
EBITDA	$81M	$71M	-$271M	$140M	-$250M
Shares Outstanding	31M	42M	55M	54M	55M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$498M	$459M	$485M	$525M	$514M	$463M	$480M	$532M
Cost of Revenue	$405M	$381M	$412M	$422M	$414M	$392M	$411M	$418M
Gross Profit	$94M	$78M	$73M	$104M	$99M	$71M	$69M	$113M
Gross Margin	18.8%	16.9%	15.0%	19.7%	19.3%	15.4%	14.4%	21.3%
R&D Expenses	$6M	$6M	$6M	$7M	$6M	$5M	$6M	$5M
SG&A Expenses	$70M	$6M	$0	$0	$54M	$54M	$55M	$57M
Operating Expenses	$87M	$75M	$503M	$84M	$83M	$60M	$60M	$78M
Operating Income	$7M	$3M	-$431M	$20M	$16M	$12M	$9M	$35M
Operating Margin	1.4%	0.6%	-88.8%	3.8%	3.1%	2.5%	1.8%	6.6%
Interest Expense	$18M	$20M	$18M	$15M	$18M	$17M	$18M	$19M
Income Before Tax	-$24M	-$16M	-$450M	$3M	-$6M	-$10M	-$9M	$7M
Tax Expense	-$3M	-$17M	-$25M	$12M	-$2M	-$111M	$3M	$3M
Net Income	-$21M	$2M	-$426M	-$10M	-$3M	$101M	-$12M	$4M
Net Margin	-4.2%	0.3%	-87.8%	-1.8%	-0.6%	21.8%	-2.4%	0.7%
EPS (Diluted)	$-0.38	$0.03	$-7.82	$-0.18	$-0.06	$1.80	$-0.21	$0.06
EBITDA	$30M	$40M	$22M	$60M	$47M	$42M	$44M	$26M
Shares Outstanding	54M	54M	54M	55M	55M	56M	55M	56M

MATV NYSE