MEC (Mayville Engineering) (MEC) stock price, revenue, and financials

MEC (Mayville Engineering) market cap is $263.8 m, and annual revenue was $519.70 m in FY 2019

$263.8 M

MEC Mkt cap, 15-Jan-2021

$91.1 M

MEC (Mayville Engineering) Revenue Q3, 2020
MEC (Mayville Engineering) Gross profit (Q3, 2020)9.7 M
MEC (Mayville Engineering) Gross profit margin (Q3, 2020), %10.7%
MEC (Mayville Engineering) Net income (Q3, 2020)-1.1 M
MEC (Mayville Engineering) EBIT (Q3, 2020)280 K
MEC (Mayville Engineering) Cash, 30-Sept-2020110 K
MEC (Mayville Engineering) EV326.5 M

MEC (Mayville Engineering) Revenue

MEC (Mayville Engineering) revenue was $519.70 m in FY, 2019

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MEC (Mayville Engineering) Income Statement

Annual

USDFY, 2017FY, 2018FY, 2019

Revenue

313.3m354.5m519.7m

Revenue growth, %

13%

Cost of goods sold

278.6m303.9m461.0m

Gross profit

34.7m50.6m58.7m

Gross profit Margin, %

11%14%11%

General and administrative expense

21.6m24.3m25.5m

Operating expense total

25.3m28.4m60.7m

Depreciation and amortization

3.8m4.1m10.7m

EBIT

9.4m22.2m(2.0m)

EBIT margin, %

3%6%0%

Interest expense

4.2m3.9m

Pre tax profit

5.2m17.5m(8.8m)

Income tax expense

(459.0k)(4.1m)

Net Income

5.2m17.9m(4.8m)

Quarterly

USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

143.7m145.1m128.5m108.6m62.6m91.1m

Cost of goods sold

124.2m124.6m113.9m96.8m63.7m81.3m

Gross profit

19.6m20.5m14.6m11.8m(1.2m)9.7m

Gross profit Margin, %

14%14%11%11%(2%)11%

General and administrative expense

6.1m5.6m4.6m4.5m

Operating expense total

1.3m10.3m7.7m9.5m

Depreciation and amortization

2.7m2.7m2.7m2.7m2.7m2.7m

EBIT

6.1m(16.7m)13.2m1.6m(8.9m)280.0k

EBIT margin, %

4%(11%)10%1%(14%)0%

Interest expense

2.8m2.0m

Pre tax profit

3.2m(18.8m)12.3m741.0k(9.5m)(367.0k)

Income tax expense

769.0k(3.5m)2.5m691.0k(2.5m)733.0k

Net Income

9.7m50.0k(7.0m)(1.1m)

MEC (Mayville Engineering) Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019

Cash

76.0k3.1m1.0k

Accounts Receivable

26.4m52.3m40.2m

Prepaid Expenses

830.0k1.6m3.0m

Inventories

35.4m53.4m45.7m

Current Assets

64.2m112.8m90.5m

PP&E

90.8m123.9m125.1m

Goodwill

40.2m69.4m71.5m

Total Assets

214.3m391.7m363.6m

Accounts Payable

19.5m46.0m32.2m

Short-term debt

8.0m8.9m598.0k

Current Liabilities

41.9m83.2m48.2m

Long-term debt

67.6m173.0m75.3m

Total Debt

75.6m181.9m75.9m

Total Liabilities

121.4m288.7m162.7m

Common Stock

125.0m133.8m

Additional Paid-in Capital

183.7m

Retained Earnings

17.7m26.8m22.1m

Total Equity

92.9m103.0m200.9m

Financial Leverage

2.3 x3.8 x1.8 x

Quarterly

MEC (Mayville Engineering) Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019

Net Income

5.2m17.9m(4.8m)

Depreciation and Amortization

20.7m50.5m33.0m

Accounts Receivable

2.6m1.0m11.9m

Inventories

(2.5m)(6.9m)8.9m

Accounts Payable

2.1m834.0k(11.0m)

Cash From Operating Activities

30.8m36.7m33.4m

Purchases of PP&E

(11.3m)(17.9m)(25.8m)

Cash From Investing Activities

(11.2m)(132.6m)(28.1m)

Short-term Borrowings

(429.2m)

Long-term Borrowings

(143.0m)(315.5m)(469.0k)

Cash From Financing Activities

(19.6m)98.9m(8.4m)

Net Change in Cash

(67.0k)3.0m(3.1m)

Interest Paid

4.3m4.1m6.6m

Quarterly

USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

2.5m(12.8m)(3.1m)50.0k(7.0m)(8.1m)

Depreciation and Amortization

7.7m16.4m24.7m8.3m16.4m24.3m

Accounts Receivable

(15.4m)(12.4m)(9.5m)(9.9m)(35.0k)(9.2m)

Inventories

(470.0k)2.3m3.7m(844.0k)3.9m7.4m

Accounts Payable

5.9m4.4m(1.2m)1.5m(14.4m)(4.0m)

Cash From Operating Activities

(1.5m)6.5m16.4m2.6m3.1m19.3m

Purchases of PP&E

(22.8m)(2.4m)(3.7m)(5.4m)

Cash From Investing Activities

(8.1m)(19.0m)(26.8m)(2.3m)(1.9m)(3.4m)

Short-term Borrowings

(340.0m)(71.9m)(156.7m)(222.4m)

Long-term Borrowings

(323.0k)(147.0k)(296.0k)(446.0k)

Cash From Financing Activities

6.6m9.4m7.3m12.6m(1.1m)(15.7m)

Net Change in Cash

(3.1m)13.0m119.0k109.0k

Interest Paid

3.0m4.5m6.3m1.6m1.7m2.4m

Income Taxes Paid

15.0k15.0k351.0k

MEC (Mayville Engineering) Ratios

USDFY, 2017

Financial Leverage

2.3 x

MEC (Mayville Engineering) Operating Metrics

FY, 2018

Manufacturing Facilities

20

Product Platforms

60

MEC (Mayville Engineering) Employee Rating

2.550 votes
Culture & Values
2.5
Work/Life Balance
2.5
Senior Management
2.3
Salary & Benefits
2.9
Career Opportunities
2.5
Source