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Matrix Composites & Engineering Ltd
(Sydney:MCE)
Matrix Composites & Engineering Ltd (MCE) vs. iShares MSCI Australia ETF (EWA)
Matrix Composites & Engineering Ltd Business Overview & Revenue Model
Matrix Composites & Engineering Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 74.77M | 74.77M | 85.04M | 47.20M | 28.63M | 17.62M |
| Gross Profit | 10.77M | 10.77M | 17.53M | 3.99M | 1.20M | -3.56M |
| EBITDA | 3.67M | 3.67M | 11.77M | 14.64M | -42.00K | -21.18M |
| Net Income | -2.22M | -2.22M | 3.65M | 8.68M | -4.78M | -27.92M |
Balance Sheet | ||||||
| Total Assets | 80.78M | 80.78M | 95.15M | 79.89M | 33.22M | 36.50M |
| Cash, Cash Equivalents and Short-Term Investments | 18.34M | 18.34M | 23.32M | 20.02M | 7.59M | 7.16M |
| Total Debt | 37.06M | 37.06M | 39.39M | 35.48M | 27.26M | 27.72M |
| Total Liabilities | 51.45M | 51.45M | 64.14M | 53.12M | 34.52M | 39.36M |
| Stockholders Equity | 29.32M | 29.32M | 31.02M | 26.77M | -1.30M | -2.86M |
Cash Flow | ||||||
| Free Cash Flow | -5.27M | -5.27M | 6.54M | -13.23M | -5.66M | -7.04M |
| Operating Cash Flow | -416.00K | -416.00K | 10.88M | -10.68M | -4.11M | -3.91M |
| Investing Cash Flow | -5.14M | -5.14M | 2.99M | -9.99M | -1.45M | -3.13M |
| Financing Cash Flow | -50.00K | -50.00K | -3.10M | 25.63M | 5.99M | -475.00K |
Matrix Composites & Engineering Ltd Technical Analysis
Matrix Composites & Engineering Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ― | ― | ― | ― | 66.22% | 20.83% | |
69 Neutral | AU$27.34M | 22.06 | 3.66% | ― | -9.21% | -42.37% | |
65 Neutral | AU$62.87M | 16.28 | 17.38% | 0.49% | -8.28% | 89.71% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | AU$40.09M | -2.57 | ― | ― | -32.52% | -300.55% | |
45 Neutral | €56.17M | -25.25 | -7.05% | ― | -12.07% | -160.00% | |
44 Neutral | AU$9.87M | -1.29 | -90.66% | ― | -6.10% | 12.50% |
Matrix Composites & Engineering Ltd Corporate Events
Matrix Composites & Engineering Ltd held its Annual General Meeting, where the adoption of the Remuneration Report faced a first strike as over 25% of votes were against it. Despite this, other resolutions, including the re-election of a director and the issuance of options and performance rights to executives, were carried. However, the proposal for an additional 10% placement capacity was not approved. The company plans to engage with shareholders to address their concerns regarding the remuneration report.
Matrix Composites & Engineering Ltd has released an investor presentation, emphasizing the importance of understanding the risks and limitations associated with their financial disclosures. The presentation highlights that the information provided is a summary and should be considered alongside the company’s full-year accounts and other official disclosures. It also underscores that the presentation is not an offer of securities or investment advice, and investors should independently assess the company’s prospects, considering potential risks such as market conditions, currency fluctuations, and regulatory changes.
Matrix Composites & Engineering Ltd reported strong operational resilience in 2025, with significant growth in its Subsea Umbilicals, Risers, and Flowlines (SURF) business, despite a decline in drilling market conditions. The company achieved its second-highest revenue since 2016, although it faced a net loss due to reduced drilling activity. Matrix is well-positioned for future growth with a strong cash reserve and strategic focus on diversifying revenue streams through advanced materials and opportunities in the defense sector.
Matrix Composites & Engineering Ltd announced that it will webcast its 2025 Annual General Meeting, allowing shareholders to view the proceedings and submit questions online. This initiative aims to enhance shareholder engagement and ensure accessibility for those unable to attend in person, although it does not replace the physical AGM or allow for online voting.
Matrix Composites & Engineering Ltd has secured a new facility agreement with National Australia Bank to refinance and expand its existing debt facilities. This includes a $7.5 million term loan, a $5 million Trade Finance facility, and a $20 million Bank Guarantee facility, enhancing the company’s financial flexibility and capacity to support its growth pipeline. The new agreement reflects confidence in Matrix’s future, offering improved liquidity and reduced costs, positioning the company to capitalize on upcoming opportunities.
Matrix Composites & Engineering Ltd has announced its upcoming Annual General Meeting (AGM), scheduled for November 25, 2025, in Henderson, Western Australia. The meeting will address important resolutions affecting shareholders, emphasizing the significance of voting either in person or by proxy. This event is crucial for stakeholders as it will influence the company’s strategic direction and governance, impacting its market positioning and shareholder interests.
Matrix Composites & Engineering Ltd announced the issuance of unquoted securities under an employee incentive scheme, totaling 926,953 performance rights and 526,316 options expiring in 2030. This move is intended to enhance employee engagement and align their interests with the company’s long-term goals, potentially impacting the company’s operational dynamics and market positioning by incentivizing performance and retention.
Matrix Composites & Engineering Ltd is a company involved in providing engineering solutions, likely focusing on composite materials and related technologies. The annual report for 2025 outlines the company’s corporate structure and key personnel, including the Chairman, CEO, and CFO. The release does not provide specific insights into the company’s operations, industry positioning, or implications for stakeholders.
Matrix Composites & Engineering Ltd announced a change in the director’s interest, specifically involving Brendan Cocks. The change includes the acquisition of 147,277 ordinary fully paid shares and the lapse of 667,267 options and 220,917 performance rights due to unmet vesting conditions. This adjustment reflects the company’s internal governance and compliance with ASX regulations, potentially affecting shareholder interests and the company’s market perception.
Matrix Composites & Engineering Ltd announced a change in the director’s interest, specifically involving Aaron Begley. The change includes the lapse of 1,334,533 FY22 options and 441,833 performance rights due to unmet vesting conditions, while 294,555 performance rights were converted into shares following the exercise of board discretion. This adjustment reflects the company’s ongoing management of executive compensation and stock options, which may impact stakeholders’ perception of the company’s governance and financial strategies.
Matrix Composites & Engineering Ltd announced the cessation of certain securities due to unmet conditions, impacting 2,535,614 options and 1,364,429 performance rights. This development may influence the company’s capital structure and stakeholder interests, reflecting challenges in meeting predefined conditions for these securities.
Matrix Composites & Engineering Ltd has announced the quotation of 874,817 ordinary fully paid securities on the ASX, effective from September 30, 2025. This move signifies the company’s strategic efforts to enhance its market presence and provide more investment opportunities, potentially strengthening its position within the industry and offering benefits to its stakeholders.
Matrix Composites & Engineering Ltd has announced that its 2025 annual general meeting (AGM) will take place on November 25, 2025, with the election or re-election of directors as a key agenda item. The closing date for director nominations is set for October 7, 2025. This announcement is significant for stakeholders as it outlines the timeline for potential changes in the company’s leadership structure, which could impact its strategic direction and operations.