MEC Q3 2021 Earnings — Mayville Engineering Company, Inc. Revenue & Financial Results | Market Cap Arena

MECMayville Engineering Company, Inc.

$367M

Q3 2021 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$109M+19.7% YoY

Gross Profit

$11M10.0% margin

Operating Income

$864,0000.8% margin

Net Income

$275,0000.3% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-9.3%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$15M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$379M

Total Liabilities

$167M

Stockholders' Equity

$212M

Cash & Equivalents

$127,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$109M	$91M	+19.7%
Gross Profit	$11M	$10M	+12.1%
Operating Income	$864,000	$280,000	+208.6%
Net Income	$275,000	-$1M	+125.0%

Revenue Segments

Fabrication

$75M66%

Performance Structures

$16M14%

Tubes

$14M13%

Tank

$6M5%

Outdoor Sports

$2M2%