Mastech Digital, Inc. (MHH)

Mastech Digital Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	200.44	198.94	201.1	242.24	222.01	194.1
Revenue Growth (YoY)	3.93%	-1.07%	-16.98%	9.11%	14.38%	0.27%
Cost of Revenue	144.08	143.35	150.06	179.06	162.57	142.56
Gross Profit	56.36	55.6	51.04	63.18	59.44	51.54
Selling, General & Admin	49.26	47.01	49.81	46.58	41.38	34.7
Other Operating Expenses	-	-	-	-	-	-0.01
Operating Expenses	51.91	49.71	52.61	49.58	44.58	37.49
Operating Income	4.44	5.89	-1.58	13.6	14.87	14.05
Interest Expense	-	-	-	-0.36	-0.68	-0.87
Interest & Investment Income	0.57	0.61	0.32	-	-	-
Currency Exchange Gain (Loss)	0.03	0.03	-0.08	0.65	-0.05	0.1
Other Non Operating Income (Expenses)	-	-	-	-0.4	-	-
EBT Excluding Unusual Items	5.04	6.52	-1.33	13.49	14.14	13.28
Merger & Restructuring Charges	-2.1	-2.1	-2.4	-1	-0.14	-0.65
Impairment of Goodwill	-	-	-5.3	-	-	-
Other Unusual Items	-	-	-	-	2.88	-
Pretax Income	2.94	4.42	-9.03	12.49	16.89	12.63
Income Tax Expense	0.82	1.02	-1.89	3.78	4.67	2.77
Net Income	2.12	3.4	-7.14	8.71	12.22	9.86
Net Income to Common	2.12	3.4	-7.14	8.71	12.22	9.86
Net Income Growth	-	-	-	-28.71%	23.93%	-11.52%
Shares Outstanding (Basic)	12	12	12	12	11	11
Shares Outstanding (Diluted)	12	12	12	12	12	12
Shares Change (YoY)	3.80%	3.45%	-3.84%	0.58%	0.48%	6.39%
EPS (Basic)	0.18	0.29	-0.61	0.75	1.07	0.87
EPS (Diluted)	0.17	0.28	-0.61	0.72	1.02	0.83
EPS Growth	-	-	-	-29.41%	22.89%	-16.16%
Free Cash Flow	4.75	6.25	15.64	11.78	3.32	20.93
Free Cash Flow Per Share	0.39	0.52	1.35	0.97	0.28	1.75
Gross Margin	28.12%	27.95%	25.38%	26.08%	26.77%	26.55%
Operating Margin	2.22%	2.96%	-0.78%	5.61%	6.70%	7.24%
Profit Margin	1.06%	1.71%	-3.55%	3.60%	5.50%	5.08%
Free Cash Flow Margin	2.37%	3.14%	7.78%	4.86%	1.50%	10.79%
EBITDA	7.88	9.39	2.28	17.79	18.85	17.64
EBITDA Margin	3.93%	4.72%	1.13%	7.35%	8.49%	9.09%
D&A For EBITDA	3.43	3.5	3.86	4.2	3.98	3.59
EBIT	4.44	5.89	-1.58	13.6	14.87	14.05
EBIT Margin	2.22%	2.96%	-0.78%	5.61%	6.70%	7.24%
Effective Tax Rate	27.85%	23.10%	-	30.25%	27.63%	21.94%

Updated May 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q