Financial Statements

Mayville Engineering Company, Inc. (MEC)

$7.65

+0.30 (+4.08%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 15222718-
Net Income -7-7-5185
Stock Dividends --0-912
Dividend Paid -----
Retained Earnings 815222718

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 10912812691-
Annual Depreciation 51-112853102
Capital Expenditure -39-8-26-18-11
Net PPE 12110912812691

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -40697272
New Purchases -----
Intangible and Goodwill 4069727272

Mayville Engineering Company, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Mayville Engineering Company, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.