MEC Q4 2022 Earnings — Mayville Engineering Company, Inc. Revenue & Financial Results | Market Cap Arena

MECMayville Engineering Company, Inc.

$386M

Q4 2022 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$129M+13.8% YoY

Gross Profit

$13M10.1% margin

Operating Income

$3M2.2% margin

Net Income

$2M1.9% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

-5.7%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

-$691,000

Stock-Based Comp.

$905,000

Balance Sheet

Total Assets

$441M

Total Liabilities

$223M

Stockholders' Equity

$218M

Cash & Equivalents

$127,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$129M	$113M	+13.8%
Gross Profit	$13M	$9M	+38.0%
Operating Income	$3M	-$17M	+116.4%
Net Income	$2M	-$14M	+117.6%

Revenue Segments

Fabrication

$77M100%