Mayville Engineering Company
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Mayville Engineering Company's past years’ income statements indicate that its last revenue has increased compared to the previous period by 9% to $588,425,000. Profit margin reached 1%. Total operating expenses were $49,512,000.
Profit Margin
| 2017 | 313.33M | 5.24M | 1.67% |
|---|---|---|---|
| 2018 | 354.52M | 17.93M | 5.06% |
| 2019 | 519.70M | -4.75M | -0.91% |
| 2020 | 357.60M | -7.09M | -1.98% |
| 2021 | 454.82M | -7.45M | -1.64% |
| 2022 | 539.39M | 18.72M | 3.47% |
| 2023 | 588.42M | 7.84M | 1.33% |
MEC Income Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 588.42M | 539.39M | 454.82M | 357.60M | 519.70M | 354.52M | 313.33M |
Cost of revenue | 526.46M | 478.32M | 403.45M | 326.10M | 460.98M | 303.94M | 278.59M |
Gross profit | 61.96M | 61.06M | 51.37M | 31.50M | 58.71M | 50.57M | 34.73M |
Operating exp. | |||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | -5.90M | 169K | 163K | 100K | 110K | 0 | 157K |
Total operating expenses | 49.51M | 39.64M | 42.61M | 37.99M | 66.73M | 28.40M | 25.31M |
Operating income | 20.19M | 25.77M | 8.76M | -6.49M | -8.01M | 22.16M | 9.42M |
Other income (expenses), net | -11.30M | -3.38M | -18.15M | -2.66M | -828K | -4.69M | -4.18M |
Income before tax | 8.88M | 22.39M | -9.39M | -9.16M | -8.84M | 17.47M | 5.24M |
Income tax expense | 1.03M | 3.66M | -1.94M | -2.07M | -4.08M | -459K | 0 |
Net income | 7.84M | 18.72M | -7.45M | -7.09M | -4.75M | 17.93M | 5.24M |
Earnings per share | |||||||
Basic EPS | 0.38 | 0.92 | -0.37 | -0.36 | -0.27 | 0.91 | 0.27 |
Diluted EPS | 0.38 | 0.91 | -0.37 | -0.36 | -0.27 | 0.91 | 0.27 |
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