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Net Loss: $27.5 million or $0.88 per share for Q4 fiscal 2025.

Revenue: $319 million for Q4 fiscal 2025, down from $447 million a year ago.

Adjusted EBITDA: $51.5 million for Q4 fiscal 2025, compared to $58.1 million a year ago.

Memorialization Segment Revenue: $209.7 million for Q4 fiscal 2025, up from $196.8 million a year ago.

Memorialization Segment Adjusted EBITDA: $45.1 million for Q4 fiscal 2025, up from $40.5 million a year ago.

Industrial Technologies Segment Revenue: $93 million for Q4 fiscal 2025, down from $113.9 million a year ago.

Industrial Technologies Segment Adjusted EBITDA: $11 million for Q4 fiscal 2025, down from $15.9 million a year ago.

Brand Solutions Segment Revenue: $16.2 million for Q4 fiscal 2025, down from $135.9 million a year ago.

Brand Solutions Segment Adjusted EBITDA: $7.4 million for Q4 fiscal 2025, down from $17.3 million a year ago.

Operating Cash Flow: $10.3 million provided in Q4 fiscal 2025, compared to $35.9 million a year ago.

Net Debt: $678 million as of September 30, 2025.

Net Leverage Ratio: 3.6x as of September 30, 2025.

Stock Repurchase: 5,262 shares repurchased at an average cost of $20.33 per share in Q4 fiscal 2025.

Dividend Increase: Quarterly dividend increased to $0.255 per share.

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Release Date: November 21, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Matthews International Corp (NASDAQ:MATW) successfully divested SGK and Warehouse Automation at compelling valuations, simplifying its corporate structure.

The company retained a 40% stake in Propelis, which is outperforming expectations and operating at a higher EBITDA run rate than initially assumed.

The sale of the Warehouse Automation unit to Duravant LLC is expected to significantly reduce MATW's total debt by $160 million.

The Dodge acquisition is delivering better-than-expected results in the Memorialization segment, contributing significantly to fourth-quarter performance.

The launch of the new printhead, Axian, in the Industrial Technologies segment has received an overwhelmingly positive market response.

Consolidated sales for the fiscal 2025 fourth-quarter decreased significantly, primarily due to the divestiture of the SGK business.

The Industrial Technologies segment experienced a decline in sales, mainly due to ongoing challenges in the engineering business.

The company reported a net loss of $27.5 million for the fiscal 2025 fourth-quarter, reflecting litigation costs and other restructuring charges.

Cash flow from operating activities declined significantly year-over-year, impacted by acquisitions, divestitures, and litigation costs.

The Engineering business segment continues to face challenges, with lower adjusted EBITDA and ongoing disputes with Tesla over proprietary technology.

Q: Can you discuss the opportunity set for solid-state and ultracapacitors, especially in relation to data center power needs and power buffering? A: Joseph Bartolacci, President and CEO, explained that their dry battery electrode technology is applicable beyond vehicle energy, including ultracapacitors and storage for data centers. They are seeing increased interest in these areas, with a $50 million order for storage, not automotive, expected next year.

Q: With the strategic review and divestitures, how should we think about M&A and augmenting your technology portfolio? A: Bartolacci stated that the focus is currently on reducing debt to a target of 2.5 times or better. The exit of SGK will help achieve this, opening opportunities for strategic initiatives. However, in the near term, they are focused on managing existing divestitures and restructuring.

Q: Are customers hesitant to work with you due to the unresolved Tesla lawsuit? A: Bartolacci noted that customer decisions are more influenced by market conditions than the lawsuit. There is overcapacity in the EV battery market, but they see significant opportunities in Europe and solid-state batteries, which are smaller but more efficient.

Q: Can you provide an update on the beta testing for the new Printhead solution and its market potential? A: Bartolacci mentioned that the Printhead solution is in the market, with deliveries starting in December. The market TAM is over $2 billion, and they are optimistic about capturing a portion of it. The GS1 certification is a significant milestone, allowing them to meet global standards for 2D codes.

Q: What is the significance of the GS1 certification for your new chip head product ID solution? A: Bartolacci explained that GS1 certification standardizes barcode reading, allowing their technology to operate at high speeds necessary for efficient retail operations. Their equipment is currently the only one capable of meeting these standards at required speeds.

For the complete transcript of the earnings call, please refer to the full earnings call transcript.