Metatek-Group (MTEK) Company presentation summary

Business overview and technology

• Specializes in advanced gravity gradiometry for subsurface mapping, using proprietary sensors on owned aircraft to deliver high-resolution data for energy and mineral exploration.

• Offers comprehensive end-to-end subsurface mapping for sectors including oil & gas, mining, renewables, and infrastructure.

• Technology evolved from Lockheed Martin's Cold War innovations, now featuring exclusive, high-resolution eFTG systems.

• Data solutions transform raw survey data into actionable insights, accelerating exploration and reducing risk.

Financial performance and growth

• Achieved $23.7M revenue in 2025, representing 99% year-over-year growth and a 39% adjusted EBITDA margin.

• Fiscal Q1 2026 revenue was $4.1M, flat year-over-year due to seasonality, with $77M adjusted backlog as of March 31, 2026.

• Backlog growth has driven a step-change in business, with adjusted EBITDA rising from $0.7M in 2023 to $9.2M in 2025.

• Each eFTG system costs $25M to deploy and can generate $20-25M in annual revenue, supporting scalable modular expansion.

Customer base and market reach

• Serves ministries, state-owned companies, and geological surveys across Asia-Pacific, Africa, Middle East, and Latin America.

• Over 90% of adjusted backlog is from government entities seeking to maximize strategic resource value.

• 100% of clients have initiated discussions for follow-on projects since eFTG rollout.