← Mayville Engineering Company, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | $313.3m |
$354.5m
+13.15%
|
$519.7m
+46.59%
|
$357.6m
-31.19%
|
$454.8m
+27.19%
|
$539.4m
+18.59%
|
$588.4m
+9.09%
|
$581.6m
-1.16%
|
$546.5m
-6.04%
|
$586.3m
+7.29%
|
|
| Cost of sales | $278.6m |
$303.9m
+9.10%
|
$461.0m
+51.67%
|
$326.1m
-29.26%
|
$403.5m
+23.72%
|
$478.3m
+18.56%
|
$518.7m
+8.45%
|
$510.5m
-1.58%
|
$492.5m
-3.53%
|
$532.8m
+8.19%
|
|
| Gross Profit | $34.7m |
$50.6m
+45.60%
|
$58.7m
+16.09%
|
$31.5m
-46.35%
|
$51.4m
+63.09%
|
$61.1m
+18.87%
|
$69.7m
+14.14%
|
$71.1m
+2.00%
|
$54.0m
-24.03%
|
$53.5m
-0.92%
|
|
| Other selling, general and administrative expenses | $12.2m | $12.3m | $25.5m | $19.0m | $20.4m | $24.7m | $30.2m | $31.5m | $39.4m | — | |
| Amortization of intangible assets | $3.8m | $4.1m | $10.7m | $10.7m | $10.7m | $7.0m | $7.7m | $6.9m | $9.7m | — | |
| Interest expense | ($4.2m) | ($3.9m) | ($6.7m) | ($2.7m) | ($2.0m) | ($3.4m) | ($11.1m) | ($11.0m) | ($10.2m) | $14.4m | |
| Income tax expense (benefit) | $0 | ($459k) | ($4.1m) | ($2.1m) | ($1.9m) | $3.7m | $1.0m | $7.6m | ($5.9m) | ($10.0m) | |
| Net income (loss) and comprehensive income (loss) | $5.2m | $17.9m | ($4.8m) | ($7.1m) | ($7.5m) | $18.7m | $7.8m | $26.0m | ($8.1m) | ($17.3m) | |
| Basic | — | — | ($0.27) | ($0.36) | ($0.37) | $0.92 | $0.38 | $1.26 | ($0.40) | ($0.83) | |
| Diluted | — | — | ($0.27) | ($0.36) | ($0.36) | $0.91 | $0.38 | $1.24 | ($0.40) | ($17,303,000.00) | |
| Bonuses and deferred compensation | $5.4m | $8.1m | $25.1m | $8.2m | $11.5m | $8.0m | $11.6m | $13.6m | $8.7m | — | |
| Gain on lawsuit settlement | — | — | — | — | $16.2m | ($4.3m) | — | ($25.5m) | — | — | |
| Income (loss) from operations | $9.4m |
$22.2m
+135.19%
|
($2.0m)
-108.83%
|
($6.5m)
-231.87%
|
($7.4m)
-13.74%
|
$25.8m
+448.72%
|
$20.2m
-21.66%
|
$44.6m
+120.66%
|
($3.8m)
-108.63%
|
($11.3m)
-192.74%
|
|
| Loss on extinguishment of debt | — | ($814k) | ($154k) | — | — | — | ($216k) | — | — | — | |
| Income (loss) before taxes | $5.2m | $17.5m | ($8.8m) | ($9.2m) | ($9.4m) | $22.4m | $8.9m | $33.6m | ($14.1m) | — |