MEC Q2 2022 Earnings — Mayville Engineering Company, Inc. Revenue & Financial Results | Market Cap Arena

MECMayville Engineering Company, Inc.

$386M

Q2 2022 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$138M+15.1% YoY

Gross Profit

$18M13.2% margin

Operating Income

$8M6.1% margin

Net Income

$6M4.3% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$3M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$446M

Total Liabilities

$236M

Stockholders' Equity

$210M

Cash & Equivalents

$105,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$138M	$120M	+15.1%
Gross Profit	$18M	$16M	+12.1%
Operating Income	$8M	$5M	+76.8%
Net Income	$6M	$3M	+80.1%

Revenue Segments

Fabrication

$83M58%

Performance Structures

$28M20%

Tubes

$19M14%

Tank

$9M6%

Outdoor Sports

$3M2%