MEC Q3 2022 Earnings — Mayville Engineering Company, Inc. Revenue & Financial Results | Market Cap Arena

MECMayville Engineering Company, Inc.

$386M

Q3 2022 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$136M+25.0% YoY

Gross Profit

$15M11.3% margin

Operating Income

$9M6.5% margin

Net Income

$7M4.8% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$5M

Stock-Based Comp.

$140,000

Balance Sheet

Total Assets

$447M

Total Liabilities

$232M

Stockholders' Equity

$215M

Cash & Equivalents

$112,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$136M	$109M	+25.0%
Gross Profit	$15M	$11M	+41.7%
Operating Income	$9M	$864,000	+931.9%
Net Income	$7M	$275,000	+2298.5%

Revenue Segments

Fabrication

$82M58%

Performance Structures

$29M21%

Tubes

$18M13%

Tank

$10M7%

Outdoor Sports

$2M2%