Metatek-Group (MTEK) Q4 2025 earnings summary

Executive summary

• FY25 revenue doubled to $23.7m; gross profit rose 136% to $14.2m and adjusted EBITDA increased 333% to $9.2m.

• Positive operating cash flow of $7.3m and adjusted backlog of ~$69m as of Mar. 29, 2026 supported expansion plans.

Financial highlights

• FY25 revenue was $23.654m versus $11.896m in FY24; cost of sales rose 61% to $9.450m.

• FY25 gross profit was $14.204m, up from $6.012m; operating profit was $6.830m versus an operating loss of $0.817m in FY24.

• FY25 comprehensive loss was $19.967m, primarily reflecting a $23.2m non-cash convertible-debenture revaluation charge.

• Q4 revenue was $7.492m, up 69% YoY; gross profit was $4.627m, up 62% YoY.

• Q4 adjusted EBITDA was $3.260m, up 47% YoY; comprehensive loss was $18.6m, including an $18.9m non-cash debenture revaluation charge.

Outlook and guidance

• Adjusted backlog rose to ~$69m as of Mar. 29, 2026, from ~$46m on Mar. 2, 2026.

• A new dFTG system was expected to enter operation in Q1 2026; additional systems are planned to expand capacity across multiple regions.

• Management cited increased demand amid focus on energy security, critical minerals and supply-chain resilience.