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Other financials

Income statement

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Revenue$163.0M+23.2%
Gross profit$17.7M+29.9%
Operating income$388.0K+411%
Net income-$2.1M-91.0%
EPS (diluted)-$0.09-80.0%

Balance sheet

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Cash & equivalents$2.2M+969%
Total debt$29.0M-4.9%
Total equity$325.5M+31.9%
Total assets$588.6M+35.7%

Cash flow

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Operating cash flow-$2.8M-133%
CapEx$8.1M+230%
Free cash flow-$6.6M-153%

Valuation

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Market cap$616.6M+122%
Enterprise value$643.42M+109%
P/S1.1×+0.5×

Profitability

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Gross margin9.1%-1.7pp
Operating margin-2.2%-8.0pp
Net margin-3%-6.4pp
FCF margin-0.6%-13.7pp

Returns & leverage

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Return on equity-6%-13.4pp
Debt / equity0.1×0.0×
Current ratio1.7×+0.1×

Where this comes from

Reported directly by Mayville Engineering in its filing.

Tagged under the XBRL concept us-gaap:CommonStockValue.

The source filing: Mayville Engineering’s 10-K, filed March 6, 2024.

Filed
Mar 6, 2024
Fiscal year
FY2023
Accession
0001558370-24-002598
Line itemDecember 31, 2023December 31, 2022
Other long-term liabilities2,4531,189
Total liabilities$266,683$222,714
Commitments and contingencies (see Note 9)
Common shares, no par value, 75,000,000 authorized, 21,853,477 shares issued atDecember 31, 2023 and 21,645,193 at December 31, 2022
Additional paid-in-capital205,373200,945
Retained earnings34,11826,274
Treasury shares at cost, 1,542,893 shares at December 31, 2023 and 1,472,447 atDecember 31, 2022(9,513)(9,352)
Total shareholders’ equity229,978217,867

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Mayville Engineering's common stock?
Mayville Engineering (MEC) reported common stock of $0 in Q4 2023.
What does common stock mean?
The par value of all common shares issued and outstanding, typically a nominal amount ($0.01 or $0.001 per share).

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