Mayville Engineering Company, Inc. (MEC)

USD 16.25

(-2.58%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 588.42 Million 539.39 Million 454.82 Million 357.6 Million 519.7 Million 354.52 Million
Cost of Revenue 526.46 Million 478.32 Million 403.45 Million 326.1 Million 460.98 Million 303.94 Million
Gross Profit 61.96 Million 61.06 Million 51.37 Million 31.5 Million 58.71 Million 50.57 Million
Operating Expenses 49.51 Million 39.64 Million 42.61 Million 37.99 Million 66.73 Million 28.4 Million
Selling, General and Administrative Expenses 47.81 Million 32.68 Million 31.9 Million 27.29 Million 56.02 Million 24.31 Million
Research and Development Expenses - - - - - -
Other Expenses 7.74 Million 6.95 Million 10.7 Million 10.7 Million 10.7 Million 4.09 Million
Cost and Expenses 568.23 Million 517.96 Million 446.06 Million 364.1 Million 527.71 Million 332.35 Million
Operating Income 20.19 Million 25.77 Million 8.76 Million -6.49 Million -8.01 Million 22.16 Million
Interest Expense 11.09 Million 3.38 Million 2 Million 2.66 Million 6.72 Million 3.87 Million
Income Tax Expense 1.03 Million 3.66 Million -1.94 Million -2.07 Million -4.08 Million -459 Thousand
Earnings before Tax 8.88 Million 22.39 Million -9.39 Million -9.16 Million -8.84 Million 17.47 Million
Net Income 7.84 Million 18.72 Million -7.45 Million -7.09 Million -4.75 Million 17.93 Million
Earnings Per Share Basic 0.38 0.92 -0.37 -0.36 -0.27 0.91
Earnings Per Share Diluted 0.38 0.91 -0.37 -0.36 -0.27 0.91
Weighted Average Shares Outstanding 20.41 Million 20.39 Million 20.4 Million 19.89 Million 17.44 Million 19.69 Million
Weighted Average Shares Outstanding (Diluted) 20.69 Million 20.68 Million 20.4 Million 19.89 Million 17.44 Million 19.69 Million
Gross Margin 0.11 0.11 0.11 0.09 0.11 0.14
EBIT Margin 0.09 0.09 0.09 0.07 0.05 0.12
Profit Margin 0.01 0.03 -0.02 -0.02 -0.01 0.05
EBITDA 55.05 Million 25.77 Million 24.39 Million 25.59 Million 30.89 Million 43.19 Million
Earnings Before Tax Margin 0.03 0.05 0.02 -0.02 -0.02 0.06

Income Statement Charts