MGPI Q2 2022 Earnings — MGP Ingredients, Inc. Revenue & Financial Results | Market Cap Arena

MGPIMGP Ingredients, Inc.

$391M

Q2 2022 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$195M+11.5% YoY

Gross Profit

$59M30.4% margin

Operating Income

$35M18.1% margin

Net Income

$26M13.1% margin

EPS (Diluted)

$1.15

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$13M

Stock-Based Comp.

$758,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$404M

Stockholders' Equity

$704M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$195M	$175M	+11.5%
Gross Profit	$59M	$57M	+4.2%
Operating Income	$35M	$28M	+27.6%
Net Income	$26M	$20M	+27.9%

Revenue Segments

Distilling Solutions

$107M55%

Branded Spirits

$59M30%

Ingredient Solutions

$29M15%