MTLS (MTLS) financial statements
MTLS reported revenue of 267M EUR in fiscal 2024, up 11.3% a year over 9 years.
Net income was 13M EUR and the operating margin 3.5%, against -3.8% in 2015.
Free cash flow was 5M EUR.
The diluted share count rose 25% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions (EUR).
Income statement
Fiscal years, in EUR, from MTLS's 10-K filings with the SEC.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 102M EUR | 114M EUR | 143M EUR | 185M EUR | 197M EUR | 170M EUR | 205M EUR | 232M EUR | 256M EUR | 267M EUR |
| Cost of revenue | -43M EUR | 47M EUR | 63M EUR | 82M EUR | 87M EUR | 76M EUR | 87M EUR | 103M EUR | 111M EUR | 116M EUR |
| Gross profit | 59M EUR | 68M EUR | 80M EUR | 102M EUR | 110M EUR | 94M EUR | 118M EUR | 129M EUR | 145M EUR | 151M EUR |
| Research and development | -18M EUR | 18M EUR | 20M EUR | 22M EUR | 23M EUR | 27M EUR | 27M EUR | 38M EUR | 38M EUR | 44M EUR |
| Selling, general and admin | -15M EUR | 20M EUR | 25M EUR | 32M EUR | 32M EUR | 29M EUR | 33M EUR | 35M EUR | 37M EUR | 40M EUR |
| Operating income | -4M EUR | 107,000 EUR | 392,000 EUR | 5M EUR | 7M EUR | -5M EUR | 12M EUR | -3M EUR | 6M EUR | 9M EUR |
| Interest expense | -615,000 EUR | 665,000 EUR | 1M EUR | 2M EUR | 2M EUR | 2M EUR | 2M EUR | 2M EUR | 2M EUR | 1M EUR |
| Pre-tax income | -3M EUR | -1M EUR | -2M EUR | 3M EUR | 4M EUR | -8M EUR | 14M EUR | -1M EUR | 7M EUR | 14M EUR |
| Income tax | 389,000 EUR | 2M EUR | 522,000 EUR | 425,000 EUR | 3M EUR | -1M EUR | 591,000 EUR | 975,000 EUR | 78,000 EUR | 733,000 EUR |
| Net income | -3M EUR | -3M EUR | -2M EUR | 3M EUR | 2M EUR | -7M EUR | 13M EUR | -2M EUR | 7M EUR | 13M EUR |
| EPS (diluted) | -0.06 EUR | -0.06 EUR | -0.04 EUR | 0.06 EUR | 0.03 EUR | -0.13 EUR | 0.23 EUR | -0.04 EUR | 0.11 EUR | 0.23 EUR |
| Diluted shares | 47M | 47M | 47M | 51M | 54M | 53M | 57M | 59M | 59M | 59M |
| Gross margin | 57.9% | 59.2% | 55.8% | 55.4% | 55.7% | 55.2% | 57.5% | 55.5% | 56.7% | 56.5% |
| Operating margin | -3.8% | 0.1% | 0.3% | 2.8% | 3.5% | -2.7% | 5.9% | -1.2% | 2.2% | 3.5% |
| Net margin | -2.8% | -2.6% | -1.5% | 1.6% | 0.8% | -4.1% | 6.4% | -0.9% | 2.6% | 5.0% |
Balance sheet
Fiscal years, in EUR, from MTLS's 10-K filings with the SEC.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | 51M EUR | 56M EUR | 43M EUR | 116M EUR | 129M EUR | 112M EUR | 196M EUR | 141M EUR | 128M EUR | 102M EUR |
| Receivables | 23M EUR | 27M EUR | 36M EUR | 37M EUR | 41M EUR | 31M EUR | 42M EUR | 51M EUR | 53M EUR | 53M EUR |
| Inventory | 5M EUR | 8M EUR | 11M EUR | 10M EUR | 13M EUR | 10M EUR | 11M EUR | 16M EUR | 17M EUR | — |
| Total current assets | 84M EUR | 96M EUR | 97M EUR | 169M EUR | 191M EUR | 161M EUR | 258M EUR | 216M EUR | 206M EUR | 191M EUR |
| Property, plant and equipment | 38M EUR | 45M EUR | 87M EUR | 93M EUR | 91M EUR | 88M EUR | 84M EUR | 94M EUR | 95M EUR | 111M EUR |
| Goodwill | 10M EUR | 9M EUR | 18M EUR | 17M EUR | 20M EUR | 19M EUR | 19M EUR | 44M EUR | 43M EUR | 43M EUR |
| Total assets | 144M EUR | 162M EUR | 235M EUR | 313M EUR | 349M EUR | 326M EUR | 413M EUR | 411M EUR | 397M EUR | 396M EUR |
| Total current liabilities | 38M EUR | 48M EUR | 63M EUR | 73M EUR | 84M EUR | 84M EUR | 91M EUR | 106M EUR | 105M EUR | 102M EUR |
| Long-term debt | 17M EUR | 28M EUR | 82M EUR | 92M EUR | 105M EUR | 91M EUR | 73M EUR | 56M EUR | 34M EUR | 23M EUR |
| Total liabilities | 61M EUR | 83M EUR | 158M EUR | 177M EUR | 207M EUR | 193M EUR | 181M EUR | 182M EUR | 160M EUR | 148M EUR |
| Shareholders' equity | 83M EUR | 79M EUR | 77M EUR | 136M EUR | 140M EUR | 133M EUR | 233M EUR | 229M EUR | 237M EUR | 249M EUR |
| Net debt | -30M EUR | -22M EUR | 51M EUR | -9M EUR | -11M EUR | -7M EUR | -106M EUR | -68M EUR | -71M EUR | -69M EUR |
Cash flow
Fiscal years, in EUR, from MTLS's 10-K filings with the SEC.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | — | — | — | — | 28M EUR | 30M EUR | 26M EUR | 22M EUR | 20M EUR | 31M EUR |
| Capital spending | — | — | — | — | 16M EUR | 18M EUR | 12M EUR | 25M EUR | 12M EUR | 26M EUR |
| Free cash flow | — | — | — | — | 13M EUR | 12M EUR | 14M EUR | -2M EUR | 8M EUR | 5M EUR |
| Stock-based compensation | — | — | — | — | 302,000 EUR | 752,000 EUR | -1M EUR | -140,000 EUR | 39,000 EUR | 285,000 EUR |
| Net borrowing | 10M EUR | 17M EUR | 42M EUR | 14M EUR | 17M EUR | -14M EUR | -14M EUR | -18M EUR | -17M EUR | -23M EUR |
| Free cash flow margin | — | — | — | — | 6.5% | 7.2% | 6.9% | -1.1% | 3.3% | 1.9% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for MTLS.
Open MTLS in InvestinglyQuestions
What was MTLS's revenue in 2024?
267M EUR in fiscal 2024, from its 10-K filing.
How much free cash flow does MTLS generate?
5M EUR in fiscal 2024 (operating cash flow minus capital spending).
From MTLS's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.