MEC Q2 2021 Earnings — Mayville Engineering Company, Inc. Revenue & Financial Results | Market Cap Arena

MECMayville Engineering Company, Inc.

$386M

Q2 2021 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$120M+92.1% YoY

Gross Profit

$16M13.5% margin

Operating Income

$5M4.0% margin

Net Income

$3M2.7% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

+6.7%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$3M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$366M

Total Liabilities

$155M

Stockholders' Equity

$211M

Cash & Equivalents

$119,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$120M	$63M	+92.1%
Gross Profit	$16M	-$1M	+1510.7%
Operating Income	$5M	-$9M	+154.0%
Net Income	$3M	-$7M	+146.9%

Revenue Segments

Fabrication

$78M64%

Performance Structures

$19M15%

Tubes

$16M13%

Tank

$6M5%

Outdoor Sports

$3M2%