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Mistras (MG) - 2024 Q4 - Annual Results
MGMistras (MG)2025-03-05 21:25

Exhibit 99.1 MISTRAS Announces Fourth Quarter and Full Year 2024 Results Full year 2024 Revenue Growth of 3.4%, Net Income increased 208.6% to 19.0millionHighlightsoftheFourthQuarter2024Fullyear2024AdjustedEBITDA(nonGAAP)of19.0 million Highlights of the Fourth Quarter 2024* Full year 2024 Adjusted EBITDA (non-GAAP) of 82.5 million, an increase of 25.3% Full year 2024 Net Cash from Operations of 50.1million,anincreaseof87.450.1 million, an increase of 87.4%; Free Cash Flow (non- GAAP) of 27.1 million, an increase of 775.9% Full year 2024 Selling, General and Administrative expenses decreased $10.4 million or 6 ...