Montrose Environmental Group (MEG) Income Statement: Revenue & Earnings

Montrose Environmental Group Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Montrose Environmental Group, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	696.40	624.21	544.42	546.41	328.24
Cost of Revenue	418.19	383.90	351.88	369.03	215.49
Gross Profit	278.20	240.31	192.53	177.39	112.75
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	215.49
Selling, General & Administrative	261.63	215.93	174.40	117.66	81.20
Operating Expenses	314.92	261.71	221.88	162.47	118.48
Operating Income	-36.72	-21.41	-29.35	-9.46	-5.73
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00
Interest Expense	15.86	-10.39	-5.24	11.62	-13.82
Other Income/Expense	-17.60	6.97	3.68	26.92	-20.27
Income
Income Before Tax	-54.32	-31.84	-29.57	-23.62	-57.10
Income Tax Expense	8.00	-0.98	2.25	370.74	0.85
Net Income	-62.31	-30.86	-31.82	-25.33	-57.95
Net Income - Continuous Operations	-62.31	-30.86	-31.82	-25.33	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	25.88	24.37	18.13	40.96	31.55
EBIT	-38.46	-21.41	-29.35	-12.00	-5.73
Depreciation & Amortization	64.33	45.78	47.48	44.81	37.27
Earnings Per Share
Basic EPS	-2.00	-2.00	-2.00	-2.00	-6.00
Diluted EPS	-2.00	-2.00	-2.00	-2.00	-6.00
Basic Shares Outstanding	33.06	30.06	29.69	26.72	16.48
Diluted Shares Outstanding	33.06	30.06	29.69	26.72	16.48