Manitex International

Manitex International, Inc. is a provider of engineered specialty lifting and loading products. The Company operates in three business segments: the Lifting Equipment segment, the ASV segment and the Equipment Distribution segment. Through its Lifting Equipment segment, the Company designs, manufactures and distributes a diverse group of products that serve multiple functions and are used in a variety of industries. Through its Manitex, Inc. subsidiary it markets a comprehensive line of boom trucks, truck cranes and sign cranes. Manitex’s boom trucks and crane products are primarily used for industrial projects, energy exploration and infrastructure development, including, roads, bridges, and residential and commercial construction. ASV manufactures a line of compact rubber tracked and skid steer loaders. The products are used in the site clearing, general construction, forestry, golf course maintenance and landscaping industries, with general construction being the largest market. The Equipment Distribution segment consists of two of the Company’s subsidiaries, Crane and Machinery, Inc. and Crane and Machinery Leasing, Inc. It offers equipment repair services in the Chicago area and supplies repair parts for a wide variety of medium to heavy duty construction equipment both domestically and internationally. C&M Leasing rents equipment manufactured by the Company as well as a limited amount of equipment manufactured by third parties.

Company Growth (employees)
Type
Public
HQ
Bridgeview, US
Founded
1993
Size (employees)
709 (est)-26%
Manitex International was founded in 1993 and is headquartered in Bridgeview, US

Key People/Management at Manitex International

Ronald Clark

Ronald Clark

Director

Manitex International Office Locations

Manitex International has an office in Bridgeview
Bridgeview, US (HQ)
9725 Industrial Drive

Manitex International Financials and Metrics

Manitex International Financials

Manitex International's revenue was reported to be $289 m in FY, 2016
USD

Revenue (Q2, 2017)

51.6 m

Gross profit (Q2, 2017)

9.4 m

Gross profit margin (Q2, 2017), %

18%

Net income (Q2, 2017)

(2.2 m)

EBIT (Q2, 2017)

176 k

Market capitalization (13-Nov-2017)

133.3 m

Cash (30-Jun-2017)

2.8 m

EV

154.6 m
Manitex International's current market capitalization is $133.3 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

245.1 m264.1 m386.7 m289 m

Revenue growth, %

8%46%(25%)

Cost of goods sold

317.2 m240.4 m

Gross profit

69.5 m48.6 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

105.6 m96.7 m102.4 m96.3 m74.1 m67.9 m51.6 m

Cost of goods sold

86.1 m78.4 m83.9 m79.4 m62.5 m56.1 m42.2 m

Gross profit

19.6 m18.3 m18.4 m16.8 m11.7 m11.8 m9.4 m

Gross profit Margin, %

19%19%18%17%16%17%18%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

6.1 m4.4 m8.6 m5.1 m

Accounts Receivable

1.8 m243 k3.3 m1.3 m

Inventories

72.7 m97.2 m119.3 m90.9 m

Current Assets

122 m174.3 m202.7 m151.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

3.1 m6.3 m4.4 m3.9 m9.9 m6 m2.9 m2.8 m

Accounts Receivable

3.1 m4.1 m4.6 m4.7 m3.8 m4.6 m2.3 m2.4 m

Inventories

75.4 m124.5 m123.5 m120.2 m115 m107 m88.2 m63.5 m

Current Assets

116.5 m220.5 m211.8 m223.1 m212.2 m192.8 m149.1 m117.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

10.2 m7 m(5.3 m)(35.7 m)

Depreciation and Amortization

3.9 m4.6 m12.1 m11.2 m

Accounts Receivable

1.7 m(13 m)23.5 m1.1 m

Inventories

(8.9 m)(5.6 m)(10 m)2.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

7.2 m1.9 m4.9 m6.6 m70 k386 k618 k1.3 m(54 k)(20.3 m)(3.3 m)(5.5 m)

Depreciation and Amortization

2.7 m1.1 m2.2 m3.3 m2.9 m6 m9.3 m3.1 m6.2 m8.9 m2.6 m2.7 m

Accounts Receivable

5.9 m(5.6 m)(13.5 m)(6.5 m)1.5 m10.7 m16 m(23.1 m)(11.7 m)(11.6 m)(2.8 m)(9.4 m)

Inventories

(13 m)(2.7 m)(7 m)(9.8 m)(3.3 m)(6.8 m)(7.1 m)(2.9 m)862 k(4.4 m)3 m(347 k)
Y, 2017

EV/EBIT

878.1 x

EV/CFO

-34.9 x

Financial Leverage

3.1 x
Show all financial metrics

Manitex International Market Value History

Manitex International's Web-traffic and Trends

Manitex International Online and Social Media Presence

Manitex International Company Life and Culture

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