← MGP INGREDIENTS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $22.4m |
$347.4m
+1449.59%
|
$376.1m
+8.24%
|
$362.7m
-3.55%
|
$395.5m
+9.04%
|
$626.7m
+58.45%
|
$782.4m
+24.83%
|
$836.5m
+6.92%
|
$703.6m
-15.89%
|
$536.4m
-23.77%
|
$500.0m
-6.78%
|
|
| Cost of Revenue | $15.7m |
$271.4m
+1625.55%
|
$292.5m
+7.76%
|
$286.2m
-2.15%
|
$296.7m
+3.67%
|
$427.8m
+44.16%
|
$529.1m
+23.68%
|
$531.8m
+0.52%
|
$417.3m
-21.53%
|
$337.0m
-19.25%
|
$322.3m
-4.36%
|
|
| Cost of sales | $253.0m |
$271.4m
+7.29%
|
$292.5m
+7.76%
|
$286.2m
-2.15%
|
$296.7m
+3.67%
|
$427.8m
+44.16%
|
$529.1m
+23.68%
|
$531.8m
+0.52%
|
$417.3m
-21.53%
|
$337.0m
-19.25%
|
$322.3m
-4.36%
|
|
| Gross Profit | $65.3m |
$76.0m
+16.44%
|
$83.6m
+9.98%
|
$76.5m
-8.45%
|
$98.8m
+29.10%
|
$199.0m
+101.37%
|
$253.3m
+27.31%
|
$304.7m
+20.29%
|
$286.3m
-6.04%
|
$199.4m
-30.35%
|
$177.7m
-10.86%
|
|
| Research and Development Expense | $916k | — | — | — | — | — | — | — | — | — | — | |
| Selling, General and Administrative Expense | $26.7m | $33.1m | $33.5m | $29.3m | $44.6m | $72.8m | $74.6m | $91.4m | $81.4m | $84.8m | $109.6m | |
| Marketing and Advertising Expense | — | — | — | $2.8m | $2.7m | $16.1m | $29.7m | $38.2m | $40.5m | $31.1m | — | |
| Amortization of Intangible Assets | — | — | — | — | — | $1.6m | $2.1m | — | — | — | — | |
| Operating Income (Loss) | $42.0m |
$42.9m
+2.23%
|
$50.1m
+16.87%
|
$47.2m
-5.79%
|
$54.2m
+14.82%
|
$126.4m
+132.97%
|
$149.0m
+17.89%
|
$148.6m
-0.24%
|
$74.4m
-49.92%
|
($94.6m)
-227.13%
|
$66.0m
+169.72%
|
|
| Interest Expense | $1.3m | $1.2m | $1.2m | $1.3m | $2.3m | $4.0m | $5.5m | $6.6m | $8.4m | $7.0m | $7.6m | |
| Other Nonoperating Income (Expense) | — | — | — | $0 | $627k | ($1.2m) | ($3.3m) | ($220k) | $2.5m | $1.3m | — | |
| Income (Loss) from Equity Method Investments | $4.0m | — | $0 | $0 | — | ($1.6m) | ($2.2m) | ($337k) | $1.8m | $1.2m | — | |
| Other income (expense), net | — | — | — | $0 | $627k | ($1.2m) | ($3.3m) | ($220k) | $2.5m | $1.3m | ($334.7m) | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | $1.6m | $4.0m | ($5.5m) | ($6.6m) | ($8.4m) | ($7.0m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | ($102.7m) | ($276.3m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $44.7m | $52.8m | $49.0m | $45.9m | $52.6m | $121.1m | $140.2m | $141.7m | $68.4m | ($100.3m) | ($276.3m) | |
| Current Income Tax Expense (Benefit) | $13.0m | — | $10.2m | $6.8m | $12.1m | $23.5m | $30.3m | $38.6m | $33.6m | $10.9m | ($34.3m) | |
| Income Tax Expense (Benefit) | $13.5m | $10.9m | $11.7m | $7.1m | $12.3m | $30.3m | $31.3m | $34.6m | $34.0m | $7.5m | ($34.3m) | |
| Net Income (Loss) Attributable to Parent | $31.2m |
$41.8m
+34.12%
|
$37.3m
-10.85%
|
$38.8m
+4.05%
|
$40.3m
+4.00%
|
$91.3m
+126.32%
|
$109.5m
+19.88%
|
$107.5m
-1.82%
|
$34.7m
-67.75%
|
($107.8m)
-411.02%
|
($240.7m)
-123.22%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $30.2m |
$41.8m
+38.35%
|
$36.6m
-12.55%
|
$38.5m
+5.37%
|
$40.1m
+4.01%
|
$90.6m
+126.01%
|
$108.6m
+19.86%
|
$106.4m
-2.02%
|
$34.3m
-67.77%
|
($106.5m)
-410.63%
|
($240.7m)
-125.93%
|
|
| Net loss attributable to noncontrolling interest | — | — | — | $0 | $0 | $490k | $590k | $345k | $198k | $23k | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($4.0m) | — | — | — | — | ($490k) | ($590k) | ($345k) | ($198k) | ($23k) | ($240.7m) | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $954k | — | $708k | $253k | $261k | $712k | $871k | $1.1m | $373k | ($1.3m) | — | |
| Income (loss) attributable to participating securities, basic | $954k | $996k | $708k | $253k | $261k | ($712k) | ($871k) | ($1.1m) | ($373k) | ($1.3m) | — | |
| Income (loss) attributable to participating securities, diluted | — | — | — | ($253k) | ($261k) | ($712k) | ($871k) | ($1.1m) | ($373k) | ($1.3m) | — | |
| Earnings Per Share, Basic | $0.12 | $1.01 | $0.32 | $2.27 | $2.37 | $4.37 | $4.94 | $4.82 | $1.56 | ($4.99) | ($11.26) | |
| Earnings Per Share, Diluted | $1.82 | $2.44 | $2.17 | $2.27 | $2.37 | $4.34 | $4.92 | $4.80 | $1.56 | ($4.99) | ($11.26) | |
| Common Stock, Dividends, Per Share, Declared | $0.12 | $1.01 | $0.32 | $0.40 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | — | |
| Basic (in shares) | 16.6m | — | — | $17.0m | $16.9m | $20.7m | $22.0m | $22.1m | $22.0m | $21.4m | $21.4m | |
| Diluted (in shares) | $16.6m | — | — | $17.0m | $16.9m | $21.0m | $22.1m | $22.2m | $22.0m | $21.4m | $21.4m | |
| Weighted Average Number of Shares Outstanding, Basic | 16.6m | — | — | $17.0m | $16.9m | 20.7m | 22.0m | 22.1m | 22.0m | 21.4m | 21.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 16.6m | — | — | $17.0m | $16.9m | 21.0m | 22.1m | 22.2m | 22.0m | 21.4m | 21.4m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | $73.8m | $132.1m | $332.9m | |
| Advertising and promotion expenses | — | — | — | $2.8m | $2.7m | $16.1m | $29.7m | $38.2m | $40.5m | $31.1m | — | |
| Impairment of long-lived assets and other | — | — | — | — | — | $0 | $0 | $19.4m | $137k | $0 | — | |
| Goodwill and indefinite-lived intangible asset impairment | — | — | — | — | — | — | — | $0 | $73.8m | $152.6m | — | |
| Change in fair value of contingent consideration | — | — | — | — | — | $0 | $0 | $7.1m | $16.1m | $25.5m | — |