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Dec 31, 2020
MEC Q4 2020 Earnings Report
MEC's Q4 2020 financial performance improved due to cost reduction initiatives and investments in technology and automation.
Key Takeaways
Mayville Engineering Company reported net sales of $95.3 million and net income of $1.0 million for Q4 2020. Adjusted EBITDA was $9.3 million, or 9.8% of net sales. The company reduced total funded debt to $47.9 million.
Net sales reached $95.3 million.
Net income was $1.0 million.
Adjusted EBITDA totaled $9.3 million, representing 9.8% of net sales.
Total funded debt was reduced to $47.9 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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