MEC Q2 2020 Earnings — Mayville Engineering Company, Inc. Revenue & Financial Results | Market Cap Arena

MECMayville Engineering Company, Inc.

$367M

Q2 2020 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$63M-56.9% YoY

Gross Profit

-$1M-1.8% margin

Operating Income

-$9M-14.2% margin

Net Income

-$7M-11.2% margin

EPS (Diluted)

$-0.35

QoQ Revenue Growth

-42.4%

Cash Flow

Operating Cash Flow

$478,000

Free Cash Flow

-$798,000

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$344M

Total Liabilities

$145M

Stockholders' Equity

$199M

Cash & Equivalents

$120,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$63M	$145M	-56.9%
Gross Profit	-$1M	$21M	-105.6%
Operating Income	-$9M	-$17M	+46.5%
Net Income	-$7M	-$15M	+54.1%

Revenue Segments

Fabrication

$43M68%

Tubes

$9M15%

Performance Structures

$7M11%

Tank

$2M4%

Outdoor Sports

$2M3%