Mattr Corp (TSX:MATR)
C$ 12.61 +0.31 (+2.52%) Market Cap: 774.10 Mil Enterprise Value: 1.32 Bil PE Ratio: 420.33 PB Ratio: 1.00 GF Score: 73/100

Q3 2025 Mattr Corp Earnings Call Transcript

Nov 13, 2025 / 02:00PM GMT
Release Date Price: C$8.1 (-21.36%)

Key Points

Positve
  • Mattr Corp (MTTRF) achieved a 39% year-over-year revenue growth and a 16% increase in adjusted EBITDA, driven primarily by the acquisition of Ammer Cable.
  • The Connection Technologies segment delivered a record revenue increase of 105% year-over-year, with a 62% rise in adjusted EBITDA.
  • The company successfully mitigated potential tariff expenses by rapidly converting its copper supply chain from tariffed to non-tariffed sources, avoiding tens of millions in annualized costs.
  • Xerxes' order backlog reached a record high, indicating strong demand for its products in various markets, including retail fuel, data centers, and infrastructure.
  • The acquisition of an intermediary in the composite technologies segment is expected to significantly reduce costs, lower tariff exposure, and enhance supply chain control, with a high after-tax internal rate of return.
Negative
  • Mattr Corp (MTTRF) anticipates a more pronounced than usual decline in revenue and adjusted EBITDA in the fourth quarter due to economic weakness in key geographies.
  • The Wire and Cable segment experienced margin compression due to a less favorable revenue mix and increased freight and tariff expenses.
  • Canadian industrial demand for wire and cable products has significantly decreased, impacting sales and expected to remain low for several quarters.
  • The company faces challenges from potential tariffs on Canadian-made wire and cable products sold into the US, which could affect future profitability.
  • Freight costs from Europe contributed to margin weakness in the Connection Technologies segment, impacting overall profitability.
Operator

Thank you for standing by and welcome to the Matter 3rd quarter 2025 results webcast and conference call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during this session, you'll need to press 11 on your telephone. If your question has been answered and you'd like to remove yourself from the queue, simply press 11 again. As a reminder, today's program is being recorded.

And now I'd like to introduce your host for today's program, Megan McCAchran, Vice President, Investor relations, external communications. Please go ahead.

Meghan MacEachern
Mattr Corp - Vice President, Investor Relations & External Communications

Good morning. Before we begin this morning's conference call, I would like to take a moment to remind all listeners that today's call includes forward-looking statements that involve estimates, judgments, risks, and uncertainties that may cause actual results to differ materially from those projected. The complete text of Matter's

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