Risk factors

Mistras Group (MG) risk factors

Item 1A of every Mistras Group, Inc. 10-K on file, and what changed from one year to the next.

Open MG in Gloomberb →
  • FY2025 10-K risk factors

    33 risks, 10 new, 7 dropped, 11 reworded since the prior year. Oil and gas customer concentration remains high at 55% of revenues. Founder Vahaviolos's family controls 33.7% of stock. New risks target AI integration and cybersecurity expansion.

    Filed Mar 11, 2026
  • FY2024 10-K risk factors

    30 risks. Oil and gas sector dependency dominates revenues, accounting for 57 percent in 2024. International operations in Canada, Europe, and Brazil generate 31 percent of revenues. Project Phoenix operational transformation aims to improve margins and reduce costs.

    Filed Mar 11, 2025