MEC Q1 2021 Earnings — Mayville Engineering Company, Inc. Revenue & Financial Results | Market Cap Arena

MECMayville Engineering Company, Inc.

$386M

Q1 2021 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$113M+3.7% YoY

Gross Profit

$15M13.1% margin

Operating Income

$4M3.6% margin

Net Income

$3M2.3% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+18.1%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

-$1M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$354M

Total Liabilities

$147M

Stockholders' Equity

$207M

Cash & Equivalents

$124,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$113M	$109M	+3.7%
Gross Profit	$15M	$12M	+24.8%
Operating Income	$4M	$2M	+159.5%
Net Income	$3M	$50,000	+4990.0%

Revenue Segments

Fabrication

$69M61%

Performance Structures

$20M18%

Tubes

$15M13%

Tank

$7M6%

Outdoor Sports

$3M2%