MEC Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017
Revenue	588.43	539.39	454.83	357.61	519.7	354.53	313.33
Revenue Growth (YoY)	9.09%	18.59%	27.19%	-31.19%	46.59%	13.15%	-
Cost of Revenue	518.72	478.32	403.45	326.11	460.99	303.95	278.59
Gross Profit	69.7	61.07	51.38	31.5	58.72	50.58	34.74
Selling, General & Admin	30.18	24.69	20.41	19.04	25.47	12.28	12.16
Other Operating Expenses	19.33	10.6	38.36	18.96	35.21	16.13	13.15
Operating Expenses	49.51	35.3	58.77	38	60.68	28.41	25.31
Operating Income	20.19	25.77	-7.39	-6.5	-1.96	22.17	9.43
Interest Expense / Income	11.09	3.38	2	2.67	6.73	3.88	4.18
Other Expense / Income	0.22	-	-	-	0.16	0.81	-
Pretax Income	8.88	22.39	-9.39	-9.17	-8.84	17.48	5.25
Income Tax	1.04	3.67	-1.94	-2.07	-4.09	-0.46	0
Net Income	7.84	18.73	-7.45	-7.09	-4.75	17.94	5.25
Net Income Growth	-58.11%	-	-	-	-	241.88%	-
Shares Outstanding (Basic)	20	20	20	20	17	14	14
Shares Outstanding (Diluted)	21	21	21	20	17	14	14
Shares Change	0.08%	-0.71%	4.69%	14.05%	25.60%	-3.14%	-
EPS (Basic)	0.38	0.92	-0.37	-0.36	-0.27	1.29	0.37
EPS (Diluted)	0.38	0.91	-0.36	-0.36	-0.27	1.29	0.37
EPS Growth	-58.24%	-	-	-	-	248.65%	-
Free Cash Flow	24.82	1.76	-19.5	30.75	7.68	18.85	19.57
Free Cash Flow Per Share	1.22	0.09	-0.96	1.54	0.44	1.36	1.36
Gross Margin	11.85%	11.32%	11.30%	8.81%	11.30%	14.27%	11.09%
Operating Margin	3.43%	4.78%	-1.63%	-1.82%	-0.38%	6.25%	3.01%
Profit Margin	1.33%	3.47%	-1.64%	-1.98%	-0.91%	5.06%	1.67%
Free Cash Flow Margin	4.22%	0.33%	-4.29%	8.60%	1.48%	5.32%	6.24%
Effective Tax Rate	11.70%	16.37%	-	-	-	-2.63%	-
EBITDA	58.9	59.34	24.39	25.59	30.89	41.82	30.16
EBITDA Margin	10.01%	11.00%	5.36%	7.16%	5.94%	11.80%	9.62%
Depreciation & Amortization	38.92	33.56	31.78	32.09	33	20.47	20.73
EBIT	19.98	25.77	-7.39	-6.5	-2.11	21.36	9.43
EBIT Margin	3.39%	4.78%	-1.63%	-1.82%	-0.41%	6.02%	3.01%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).