MGPI Q1 2022 Earnings — MGP Ingredients, Inc. Revenue & Financial Results | Market Cap Arena

MGPIMGP Ingredients, Inc.

$391M

Q1 2022 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$195M+80.2% YoY

Gross Profit

$72M36.8% margin

Operating Income

$50M25.7% margin

Net Income

$37M19.2% margin

EPS (Diluted)

$1.69

QoQ Revenue Growth

+17.0%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$12M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$397M

Stockholders' Equity

$680M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$195M	$108M	+80.2%
Gross Profit	$72M	$32M	+122.4%
Operating Income	$50M	$21M	+144.3%
Net Income	$37M	$15M	+142.7%

Revenue Segments

Distilling Solutions

$112M57%

Branded Spirits

$56M29%

Ingredient Solutions

$28M14%