MGPI Q3 2023 Earnings — MGP Ingredients, Inc. Revenue & Financial Results | Market Cap Arena

MGPIMGP Ingredients, Inc.

$391M

Q3 2023 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$212M+5.2% YoY

Gross Profit

$73M34.7% margin

Operating Income

$20M9.4% margin

Net Income

$13M6.2% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$16M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$548M

Stockholders' Equity

$820M

Cash & Equivalents

$28M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$212M	$201M	+5.2%
Gross Profit	$73M	$59M	+24.4%
Operating Income	$20M	$34M	-41.4%
Net Income	$13M	$24M	-44.5%

Revenue Segments

Distilling Solutions

$112M53%

Branded Spirits

$67M32%

Ingredient Solutions

$33M16%