Name: Mayville Engineering Company, Inc. (MEC) Financial Statements
Creator: FinSpry

Mayville Engineering Company Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Mayville Engineering Company, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	581.60	588.43	539.39	454.83	357.61	519.70
Cost of Revenue	510.51	510.93	478.32	403.45	318.34	460.99
Gross Profit	71.10	77.49	61.07	51.38	39.27	58.72
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	45.11	43.75	32.69	20.41	31.76	25.47
Operating Expenses	52.04	51.50	39.64	42.62	42.47	516.81
Operating Income	19.05	26.00	21.43	-7.39	-3.20	-1.96
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	10.99	-11.09	3.38	2.00	-2.67	0.00
Other Income/Expense	25.50	0.22	4.35	403.45	0.67	-5.90
Income
Income Before Tax	33.56	8.88	22.39	-9.39	-9.17	-8.84
Income Tax Expense	7.60	1.04	3.67	-1.94	-2.07	-4.09
Net Income	25.97	7.84	18.73	-7.45	-7.09	-4.75
Net Income - Continuous Operations	25.97	7.84	18.73	-7.45	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	82.14	61.08	55.09	24.39	28.89	30.89
EBIT	44.55	26.00	25.77	-7.39	-3.20	-2.11
Depreciation & Amortization	6.93	35.08	6.95	10.71	32.09	10.71
Earnings Per Share
Basic EPS	1.00	-	1.00	-	-	-
Diluted EPS	1.00	-	1.00	-	-	-
Basic Shares Outstanding	20.61	20.42	20.40	20.40	19.90	17.45
Diluted Shares Outstanding	20.97	20.70	20.68	20.83	19.90	17.45