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Matrix Composites Posts $74.8m FY25 Revenue, Eyes $57m Subsea Order Book Growth
12:16am on Saturday 30th of August, 2025 AEST
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Matrix Composites Posts $74.8m FY25 Revenue, Eyes $57m Subsea Order Book Growth
12:16am on Saturday 30th of August, 2025 AEST
Key Points
FY25 revenue of $74.8 million led by subsea buoyancy
Underlying EBITDA of $5.0 million with a net loss of $2.2 million due to project timing
Subsea order book stands at approximately $57 million with $45 million in recent SURF awards
Robust cash position of $18.3 million and net cash of $10.7 million
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Matrix Composites & Engineering (ASX:MCE)
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