Mechanical Technology (MKTY) stock price, revenue, and financials

Mechanical Technology market cap is $8.4 m, and annual revenue was $7.06 m in FY 2017

$8.4 M

MKTY Mkt cap, 08-Jan-2020

$7.1 M

Mechanical Technology Revenue FY, 2017
Mechanical Technology Revenue growth (FY, 2016 - FY, 2017), %0%
Mechanical Technology Gross profit (FY, 2017)4.8 M
Mechanical Technology Gross profit margin (FY, 2017), %68.4%
Mechanical Technology Net income (FY, 2017)582 K
Mechanical Technology EBIT (FY, 2017)588 K
Mechanical Technology Cash, 31-Dec-20173.8 M

Mechanical Technology Income Statement

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

10.3m5.9m7.1m7.1m

Revenue growth, %

0%

Cost of goods sold

3.8m3.0m2.7m2.2m

Gross profit

6.5m2.9m4.3m4.8m

Gross profit Margin, %

63%50%61%68%

Sales and marketing expense

38.0k

R&D expense

1.5m1.4m1.2m1.1m

General and administrative expense

5.0m3.8m3.4k3.6m3.8m3.5m3.1m

Operating expense total

6.5m5.2m3.4k3.6m3.8m4.7m4.2m

EBIT

52.0k(2.2m)361.0565.0k(1.5m)(361.0k)588.0k

EBIT margin, %

1%(38%)(5%)8%

Interest expense

1.0k

Pre tax profit

100.0k(2.1m)(1.5m)(9.0k)6.0k

Income tax expense

(1.5m)6.0k(35.0)40.0k(1.4m)(368.0k)588.0k

Net Income

2.4m(2.1m)3.6k740.0k(2.8m)(359.0k)582.0k

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

2.1m2.3m1.2m1.4m1.1m2.2m2.3m2.3m1.9m1.9m

Cost of goods sold

850.0k861.0k578.0k740.0k620.0k976.0k801.0k875.0k578.0537.0k563.0k

Gross profit

1.3m1.5m626.0k626.0k463.0k1.2m1.5m1.4m1.4m1.3m

Gross profit Margin, %

60%63%52%46%43%56%65%62%72%70%

R&D expense

387.0k371.0k373.0k337.0k327.0k340.0k307.0k301.0k296.0k277.0k

General and administrative expense

1.3m1.3m1.1m978.0k1.3m819.0k927.0k880.0k932.0k899.0k1.0m1.0m968.0k834.0k781.0k829.0k887.0k747.0k674.0k

Operating expense total

1.7m1.7m1.5m1.3m1.6m1.2m1.2m1.2m932.0k899.0k1.0m1.0m968.0k834.0k781.0k829.0k887.0k1.0m951.0k

EBIT

(415.0k)(211.0k)(839.0k)(689.0k)(1.2m)65.0k232.0k255.0k(432.0)178.0k(49.0k)(387.0k)(208.0k)(596.0k)(580.0k)109.0k331.0k(409.0k)313.0k343.0k

EBIT margin, %

(19%)(9%)(70%)(50%)(108%)3%10%11%17%18%

Interest expense

9.0k3.0k180.0k7.0k9.0k4.0k

Pre tax profit

(395.0k)(211.0k)(836.0k)(509.0k)(1.2m)65.0k241.0k259.0k(208.0k)(597.0k)108.0k330.0k344.0k

Income tax expense

6.0k(1.0k)156.0k113.0k(4.0k)(10.0k)(13.0k)(1.0k)

Net Income

(97.0k)(101.0k)(822.0k)(570.0k)(1.1m)86.0k100.0k164.0k(432.0)178.0k(53.0k)(388.0k)(218.0k)(610.0k)(586.0k)108.0k329.0k(413.0k)313.0k344.0k

Mechanical Technology Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.7m289.0k1.2k1.9m462.0k3.4m3.8m

Accounts Receivable

1.9m1.7m824.01.2m881.0k1.4m

Prepaid Expenses

102.0k100.0k111.0

Inventories

957.0k1.1m742.0773.0k1.0m676.0k694.0k

Current Assets

4.6m3.2m2.9k4.0m2.5m5.0m6.0m

PP&E

258.0k129.0k146.0140.0k115.0k160.0k184.0k

Total Assets

6.4m4.8m4.5k5.5m2.6m5.2m6.2m

Accounts Payable

191.0k208.0k149.0216.0k152.0k124.0k325.0k

Current Liabilities

1.5m1.8m1.1k1.3m1.1m1.0m1.2m

Total Liabilities

1.0m1.2m

Common Stock

63.0k63.0k63.0100.0k104.0k

Additional Paid-in Capital

135.4m135.6m135.6k135.7m135.8m138.8m139.0m

Retained Earnings

(120.1m)(122.2m)(118.5k)(117.8m)(120.6m)(121.0m)(120.4m)

Total Equity

4.9m3.0m3.4k4.2m1.5m4.2m5.0m

Financial Leverage

1.3 x1.6 x1.3 x1.3 x1.7 x1.2 x1.2 x

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

1.6m1.6m2.0m1.4m531.0k933.0k835.0k1.0m739.0774.0k910.0k1.6m1.5m899.0k336.0k529.0k886.0k3.2m3.4m3.4m

Accounts Receivable

1.0m1.0m661.0k650.0k444.0k892.0k1.1m1.4m827.01.3m978.0k954.0k1.1m1.4m

Prepaid Expenses

101.0k134.0k87.0k133.0k116.0k92.0k90.0k129.0k110.064.0k68.0k

Inventories

1.1m1.1m1.0m1.2m1.4m914.0k839.0k741.0k701.0818.0k851.0k765.0k715.0k1.0m998.0k1.2m892.0k586.0k697.0k658.0k

Current Assets

3.8m3.9m3.8m3.4m2.5m2.8m2.9m3.3m2.4k3.0m2.8m3.5m3.4m2.9m2.1m2.4m2.5m4.8m5.2m5.5m

PP&E

311.0k264.0k223.0k183.0k155.0k146.0k124.0k129.0k125.0132.0k137.0k155.0k152.0k136.0k167.0k145.0k158.0k140.0k133.0k154.0k

Total Assets

4.1m4.2m5.5m5.1m4.2m4.5m4.4m4.6m4.0k4.7m4.5m5.0m4.9m4.3m2.3m2.5m2.7m5.0m5.4m5.6m

Accounts Payable

373.0k343.0k177.0k307.0k277.0k465.0k246.0k210.0k205.0529.0k243.0k220.0k249.0k225.0k342.0k297.0k105.0k251.0k356.0k242.0k

Current Liabilities

1.9m1.7m1.4m1.4m1.7m1.4m1.2m1.3m1.0k1.5m1.3m1.1m1.2m1.2m1.3m1.4m1.2m1.2m1.2m1.1m

Common Stock

58.0k63.0k63.0k63.0k63.0k63.0k63.0k63.0k63.0102.0k102.0k

Additional Paid-in Capital

134.9m135.3m135.4m135.5m135.6m135.6m135.6m135.6m135.6k135.7m135.7m135.7m135.8m135.8m135.9m135.9m136.0m138.8m138.9m138.9m

Retained Earnings

(122.4m)(122.5m)(120.9m)(121.5m)(122.6m)(122.1m)(122.0m)(121.8m)(119.0k)(118.8m)(118.8m)(118.2m)(118.4m)(119.0m)(121.2m)(121.1m)(120.8m)(121.4m)(121.1m)(120.7m)

Total Equity

2.2m2.5m4.1m3.7m2.5m3.1m3.2m3.3m4.0k3.9m3.7m3.1m977.0k1.1m1.5m3.8m4.2m4.5m

Financial Leverage

1.9 x1.7 x1.3 x1.4 x1.7 x1.5 x1.4 x1.4 x1 x1.3 x1.3 x1.4 x2.3 x2.2 x1.8 x1.3 x1.3 x1.3 x

Mechanical Technology Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

2.4m(2.1m)3.6k740.0k(2.8m)(359.0k)582.0k

Depreciation and Amortization

307.0k129.0k91.083.0k80.0k85.0k81.0k

Accounts Receivable

(795.0k)205.0k850.0(372.0k)209.0k71.0k(527.0k)

Inventories

(113.0k)(264.0k)535.0(47.0k)(316.0k)(35.0k)13.0k

Accounts Payable

(64.0k)17.0k(56.0)67.0k(64.0k)(28.0k)201.0k

Cash From Operating Activities

67.0k(1.5m)1.0k686.0k(1.4m)522.0k363.0k

Purchases of PP&E

(175.0k)(17.0k)(136.0k)(107.0k)

Cash From Investing Activities

(163.0k)126.0k(120.0)25.0k(35.0k)(136.0k)(107.0k)

Cash From Financing Activities

647.0k25.01.0k2.5m191.0k

Net Change in Cash

551.0k(1.4m)2.9m447.0k

Interest Paid

1.0k

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

97.0k(4.0k)(822.0k)(1.4m)(2.5m)86.0k186.0k298.0k(432.0)178.0k(53.0k)(388.0k)(218.0k)(610.0k)(586.0k)108.0k329.0k(413.0k)(101.0k)243.0k

Depreciation and Amortization

187.0k251.0k38.0k73.0k102.0k24.0k46.0k68.0k24.041.0k60.0k

Accounts Receivable

82.0k48.0k1.2m1.2m1.4m782.0k582.0k316.0k3.01.3m978.0k954.0k(194.0k)(516.0k)

Inventories

(242.0k)(286.0k)(50.0k)(280.0k)(562.0k)204.0k295.0k421.0k(25.0)818.0k851.0k765.0k715.0k1.0m998.0k1.2m892.0k586.0k15.0k68.0k

Accounts Payable

118.0k87.0k(14.0k)116.0k86.0k257.0k38.0k2.0k56.0529.0k243.0k220.0k249.0k225.0k342.0k297.0k105.0k251.0k232.0k118.0k

Cash From Operating Activities

124.0k30.0k310.0k(306.0k)(1.3m)685.0k578.0k773.0k(469.0)(45.0k)(43.0k)

Purchases of PP&E

(108.0k)(125.0k)(3.0k)(10.0k)(12.0k)(41.0k)(41.0k)(68.0k)(14.0k)(54.0k)

Cash From Investing Activities

(108.0k)(125.0k)(1.0k)81.0k131.0k(41.0k)(32.0k)(55.0k)(3.0)(14.0k)(54.0k)

Cash From Financing Activities

458.0k563.0k76.0k76.0k

Net Change in Cash

474.0k468.0k309.0k(225.0k)(1.1m)644.0k546.0k718.0k(472.0)17.0k(21.0k)

Mechanical Technology Ratios

USDY, 2017

Financial Leverage

1.2 x