MEG Q2 2021 Earnings — Montrose Environmental Group, Inc. Revenue & Financial Results | Market Cap Arena

MEGMontrose Environmental Group, Inc.

$957M

Q2 2021 Earnings

Industrials Waste Management

Income Statement

Revenue

$136M+84.7% YoY

Gross Profit

$44M32.4% margin

Operating Income

-$6M-4.5% margin

Net Income

-$13M-9.7% margin

EPS (Diluted)

$-0.71

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$5M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$682M

Total Liabilities

$542M

Stockholders' Equity

$139M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$136M	$74M	+84.7%
Gross Profit	$44M	$28M	+58.3%
Operating Income	-$6M	-$5M	-17.0%
Net Income	-$13M	$13M	-199.4%

Revenue Segments

Assessment Permitting And Response

$71M52%

Measurement And Analysis

$39M29%

Remediation And Reuse

$26M19%