Marine Products Corporation (MPX)

Marine Products 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	334.16	383.73	381	298.01	239.83	292.14
Revenue Growth (YoY)	-21.06%	0.72%	27.84%	24.26%	-17.91%	-2.17%
Cost of Revenue	258.81	293.35	287.28	229.74	186.22	226.74
Gross Profit	75.34	90.38	93.72	68.27	53.61	65.39
Selling, General & Admin	37.42	43.21	41.92	31.88	29.24	31.26
Other Operating Expenses	-2.04	-2.04	0	0	0	0
Operating Expenses	35.39	41.18	41.92	31.88	29.24	31.26
Operating Income	39.96	49.2	51.8	36.39	24.36	34.14
Interest Expense / Income	-0.72	0	0	0	0	0
Other Expense / Income	-2.51	-2.86	-0.34	-0.02	-0.1	-0.32
Pretax Income	43.18	52.06	52.13	36.41	24.46	34.46
Income Tax	8.44	10.37	11.79	7.38	5.01	6.22
Net Income	34.74	41.7	40.35	29.03	19.44	28.24
Net Income Growth	-22.51%	3.34%	39.00%	49.28%	-31.14%	-0.87%
Shares Outstanding (Basic)	35	34	34	34	34	34
Shares Change	0.71%	0.73%	0.66%	0.36%	-0.27%	-1.56%
EPS (Basic)	1.01	1.21	1.18	0.85	0.57	0.83
EPS (Diluted)	1.01	1.21	1.18	0.85	0.57	0.83
EPS Growth	-23.48%	2.54%	38.82%	49.12%	-31.33%	0%
Free Cash Flow	38.85	48.98	46.85	-0.79	27.81	31.58
Free Cash Flow Per Share	1.12	1.42	1.37	-0.02	0.82	0.93
Dividend Per Share	0.560	0.560	0.500	0.460	0.400	0.580
Dividend Growth	7.69%	12.00%	8.70%	15.00%	-31.03%	16.00%
Gross Margin	22.55%	23.55%	24.60%	22.91%	22.35%	22.38%
Operating Margin	11.96%	12.82%	13.59%	12.21%	10.16%	11.68%
Profit Margin	10.40%	10.87%	10.59%	9.74%	8.11%	9.67%
Free Cash Flow Margin	11.63%	12.76%	12.30%	-0.27%	11.60%	10.81%
Effective Tax Rate	19.54%	19.91%	22.61%	20.28%	20.49%	18.05%
EBITDA	45.04	54.48	54.04	38.22	26.41	36.55
EBITDA Margin	13.48%	14.20%	14.18%	12.83%	11.01%	12.51%
Depreciation & Amortization	2.58	2.42	1.91	1.82	1.95	2.09
EBIT	42.46	52.06	52.13	36.41	24.46	34.46
EBIT Margin	12.71%	13.57%	13.68%	12.22%	10.20%	11.80%

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).