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Matrix Composites & Engineering Ltd ( (AU:MCE) ) has issued an update.
Matrix Composites & Engineering Ltd reported a significant downturn in its financial performance for the period ending June 30, 2025, with revenues dropping by 12.1% to $74.77 million and a net loss of $2.218 million, marking a 160.8% decrease in profit from the previous year. This decline in financial results underscores the challenges the company faces in maintaining its market position amid fluctuating industry demands, with no dividends declared for the period, reflecting a cautious approach to financial management.
The most recent analyst rating on (AU:MCE) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Matrix Composites & Engineering Ltd stock, see the AU:MCE Stock Forecast page.
More about Matrix Composites & Engineering Ltd
Matrix Composites & Engineering Ltd operates in the engineering sector, focusing on the production of advanced composite materials and engineering solutions. The company primarily serves industries such as oil and gas, mining, and defense, providing products that enhance performance and safety in challenging environments.
Average Trading Volume: 479,211
Technical Sentiment Signal: Buy
Current Market Cap: A$59.31M
For detailed information about MCE stock, go to TipRanks’ Stock Analysis page.