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Mayville Engineering MEC Stock Issuance Proceeds

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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$650.1M+111%
Enterprise value$676.92M+99.8%
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:ProceedsFromStockOptionsExercised.

The source filing: Mayville Engineering’s 10-Q, filed May 7, 2025.

Filed
May 7, 2025
Fiscal quarter
Q1 FY2025
Calendar quarter
Q1 2025
Accession
0001558370-25-006726
Line itemThree Months Ended / March 31, 2025Three Months Ended / March 31, 2024
Shares withheld for employees' taxes(1,170)(683)
Purchase of treasury stock(1,747)
Payments on finance leases(234)(107)
Proceeds from the exercise of stock options345
Net cash used in financing activities(5,397)(8,315)
Net decrease in cash and cash equivalents(23)(358)
Cash and cash equivalents at beginning of period206672
Cash and cash equivalents at end of period$183$314

Item 1. Financial Statements (Unaudited)

FAQ

What is Mayville Engineering's stock issuance proceeds?
Mayville Engineering (MEC) reported stock issuance proceeds of $345K in Q1 2024.
What does stock issuance proceeds mean?
Cash received from issuing common stock — IPOs, secondary offerings, DRIP, employee stock purchase plans, and option exercises.

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