Montrose Environmental Group
Income Statement

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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. Montrose Environmental Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 15% to $624,208,000. The net income raised on -$30,859,000 and profit margin reached -5%. Total operating expenses were $268,725,000.

Profit Margin

Montrose Environmental Group, Inc. (NYSE:MEG): Profit margin
2018 188.80M -16.49M -8.73%
2019 233.85M -23.55M -10.07%
2020 328.24M -57.94M -17.65%
2021 546.41M -25.32M -4.63%
2022 544.41M -31.81M -5.84%
2023 624.20M -30.85M -4.94%

MEG Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
624.20M544.41M546.41M328.24M233.85M188.80M
Cost of revenue
383.90M351.88M369.02M215.49M163.98M134.73M
Gross profit
240.30M192.53M177.38M112.75M69.87M54.07M
Operating exp.
Research and development
000000
Selling and marketing
000000
Total operating expenses
268.72M223.77M162.46M122.82M78.81M64.86M
Operating income
-28.42M-27.55M12.37M-30.33M-19.92M-10.63M
Other income (expenses), net
-3.41M-2.01M-35.98M-34.08M-6.75M423K
Income before tax
-31.83M-29.56M-23.61M-57.09M-26.67M-21.45M
Income tax expense
-980K2.25M1.70M851K-3.12M-4.96M
Net income
-30.85M-31.81M-25.32M-57.94M-23.55M-16.49M
Earnings per share
Basic EPS
-1.57-1.07-0.95-2.32-0.94-0.79
Diluted EPS
-1.57-1.07-0.95-2.32-0.94-0.79
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