Company: MATV
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001000623-25-000009
Chunk: 97

Company: Mativ Holdings, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 97
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.8 (27.6)Net loss from continuing operations(48.7)(507.7)(68.9)Income from discontinued operations, net of tax— 198.2 62.3 Net loss$(48.7)$(309.5)$(6.6)Net income (loss) per share - basic: Loss per share from continuing operations$(0.90)$(9.33)$(1.64)Income per share from discontinued operations— 3.64 1.46 Basic$(0.90)$(5.69)$(0.18)Net income (loss) per share – diluted:  Loss per share from continuing operations$(0.90)$(9.33)$(1.64)Income per share from discontinued operations— 3.64 1.46 Diluted$(0.90)$(5.69)$(0.18)Weighted average shares outstanding:Basic54,313,300 54,506,900 42,442,200 Diluted54,313,300 54,506,900 42,442,200 The accompanying notes are an integral part of these consolidated financial statements.

53

MATIV HOLDINGS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(in millions)

Years Ended December 31,202420232022Net income (loss)$(48.7)$(309.5)$(6.6)Other comprehensive income (loss), net of tax:Foreign currency translation adjustments(1)(17.6)160.4 (26.2)Unrealized gain (loss) on derivative instruments(8.0)(16.5)46.3 Net gain (loss) from postretirement benefit plans(0.4)(9.4)3.5 Other comprehensive income (loss)(26.0)134.5 23.6 Comprehensive income (loss)$(74.7)$(175.0)$17.0 (1)Includes $124.9 million reclassification of foreign currency translation adjustment due to sale of a business, net of tax, for the year ended December 31, 2023. 

The accompanying notes are an integral part of these consolidated financial statements.

54

 MATIV HOLDINGS, INC. AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS(in millions, except per share amounts)