MGP Ingredients, Inc. (MGPI)

MGP Ingredients Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	806.08	836.52	782.36	626.72	395.52	362.75
Revenue Growth (YoY)	2.28%	6.92%	24.83%	58.45%	9.04%	-3.55%
Cost of Revenue	508.39	531.81	529.05	427.76	296.72	286.21
Gross Profit	297.68	304.71	253.31	198.97	98.81	76.53
Selling, General & Admin	131.01	129.61	104.34	88.93	44.57	29.29
Other Operating Expenses	19.51	19.39	0	-16.33	0	0
Operating Expenses	150.51	149	104.34	72.6	44.57	29.29
Operating Income	147.17	155.71	148.97	126.36	54.24	47.24
Interest Expense / Income	7.67	6.65	5.45	4.04	2.27	1.31
Other Expense / Income	11.24	6.98	2.75	0.74	-0.63	-
Pretax Income	128.26	142.09	140.76	121.59	52.6	45.94
Income Tax	31.22	34.62	31.3	30.28	12.26	7.14
Net Income	97.04	107.48	109.46	91.31	40.35	38.79
Preferred Dividends	1.01	1.07	0.87	0.71	0.26	0.25
Net Income Common	96.03	106.4	108.59	90.6	40.08	38.54
Net Income Growth	-6.03%	-2.02%	19.86%	126.01%	4.01%	5.37%
Shares Outstanding (Basic)	22	22	22	21	17	17
Shares Outstanding (Diluted)	22	22	22	21	17	17
Shares Change	0.32%	0.54%	6.44%	22.33%	-0.44%	0.87%
EPS (Basic)	4.34	4.82	4.94	4.37	2.37	2.27
EPS (Diluted)	4.33	4.80	4.92	4.37	2.37	2.27
EPS Growth	-6.07%	-2.44%	12.59%	84.39%	4.41%	4.61%
Free Cash Flow	37.33	28.52	43.61	40.87	36.46	2.99
Free Cash Flow Per Share	1.69	1.29	1.98	1.97	2.15	0.18
Dividend Per Share	0.480	0.480	0.480	0.480	0.480	0.400
Dividend Growth	0%	0%	0%	0%	20.00%	25.00%
Gross Margin	36.93%	36.43%	32.38%	31.75%	24.98%	21.10%
Operating Margin	18.26%	18.61%	19.04%	20.16%	13.71%	13.02%
Profit Margin	11.91%	12.72%	13.88%	14.46%	10.13%	10.62%
Free Cash Flow Margin	4.63%	3.41%	5.57%	6.52%	9.22%	0.82%
Effective Tax Rate	24.34%	24.36%	22.24%	24.90%	23.30%	15.55%
EBITDA	158.16	170.85	167.67	144.72	67.83	58.81
EBITDA Margin	19.62%	20.42%	21.43%	23.09%	17.15%	16.21%
Depreciation & Amortization	22.23	22.11	21.46	19.09	12.96	11.57
EBIT	135.93	148.74	146.21	125.62	54.87	47.24
EBIT Margin	16.86%	17.78%	18.69%	20.04%	13.87%	13.02%

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).