See more : YRGLM Inc. (3690.T) Income Statement Analysis – Financial Results
Complete financial analysis of Midwest Energy Emissions Corp. (MEEC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Midwest Energy Emissions Corp., a leading company in the Industrial – Pollution & Treatment Controls industry within the Industrials sector.
You may be interested
- Magellan Aerospace Corporation (MALJF) Income Statement Analysis – Financial Results
- Taiyuan Heavy Industry Co., Ltd. (600169.SS) Income Statement Analysis – Financial Results
- Revvity, Inc. (0KHE.L) Income Statement Analysis – Financial Results
- Public Joint-Stock Company Territorial Generation Company No.2 (TGKB.ME) Income Statement Analysis – Financial Results
- Centrais Elétricas Brasileiras S.A. – Eletrobrás (ELET3.SA) Income Statement Analysis – Financial Results
Midwest Energy Emissions Corp. (MEEC)
Industry: Industrial - Pollution & Treatment Controls
Sector: Industrials
Website: https://www.me2cenvironmental.com
About Midwest Energy Emissions Corp.
Midwest Energy Emissions Corp., an environmental services and technology company, engages in developing and delivering solutions to the power industry worldwide. It provides mercury capture solutions. Its Sorbent Enhancement Additive (SEA) technology provides total mercury control, providing solutions that are based on a thorough scientific understanding of actual and probable interactions involved in mercury capture in coal-fired flue gas. The company was incorporated in 1983 and is headquartered in Corsicana, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.94M | 21.62M | 13.01M | 8.16M | 11.42M | 12.30M | 27.50M | 32.35M | 12.63M | 2.79M | 1.67M | 788.07K | 458.08K | 81.94K | 7.00K | 106.90K | 592.37K | 841.15K | 334.11K | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 12.17M | 14.60M | 7.94M | 5.44M | 8.34M | 9.15M | 19.02M | 23.03M | 8.63M | 1.48M | 370.64K | 233.12K | 443.93K | 0.00 | 0.00 | 54.68K | 196.90K | 551.13K | 212.19K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 5.77M | 7.02M | 5.07M | 2.72M | 3.08M | 3.15M | 8.48M | 9.32M | 4.00M | 1.31M | 1.30M | 554.95K | 14.16K | 81.94K | 7.00K | 52.22K | 395.47K | 290.02K | 121.92K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 32.15% | 32.48% | 38.99% | 33.32% | 26.99% | 25.60% | 30.85% | 28.80% | 31.68% | 46.91% | 77.79% | 70.42% | 3.09% | 100.00% | 100.00% | 48.85% | 66.76% | 34.48% | 36.49% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 338.38K | 0.00 | 764.05K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.85M | 7.41M | 3.04M | 2.90M | 5.11M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.00K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.99M | 0.00 | 338.38K | 413.82K | 764.05B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 14.21M | 6.12M | 5.93M | 5.94M | 6.43M | 5.89M | 8.47M | 7.26M | 5.97M | 7.41M | 5.01M | 3.31M | 5.11M | 2.22M | 5.39M | 2.53M | 2.60M | 5.29M | 478.68K | 2.77K | 2.32K | 0.00 | 10.00K |
| Other Expenses | -11.21M | -801.52K | -531.44K | 23.54K | -374.46K | 2,048.13B | -219.33K | 0.00 | -1.12M | 387.12K | 80.66K | 280.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 14.21M | 6.12M | 5.93M | 5.94M | 6.43M | 5.89M | 8.47M | 7.26M | 6.36M | 7.80M | 5.52M | 3.73M | 5.88M | 2.22M | 5.39M | 2.53M | 2.60M | 5.29M | 478.68K | 2.77K | 2.32K | 0.00 | 10.00K |
| Cost & Expenses | 26.38M | 20.72M | 13.87M | 11.38M | 14.76M | 15.04M | 27.49M | 30.29M | 14.99M | 9.28M | 5.89M | 3.97M | 6.32M | 2.22M | 5.39M | 2.59M | 2.80M | 5.84M | 690.87K | 2.77K | 2.32K | 0.00 | 10.00K |
| Interest Income | 0.00 | 1.57M | 2.82M | 2.66M | 2.39M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 884.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 1.36M | 1.57M | 2.82M | 2.66M | 2.39M | 1.98M | 2.15M | 4.91M | 6.21M | 2.72M | 711.65K | 261.53K | 54.26K | 148.18K | 281.04K | 274.33K | 179.85K | 80.65K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 259.38K | 554.81K | 678.83K | 713.05K | 894.37K | 658.11K | 1.35M | 913.20K | 131.74K | 256.14K | 176.39K | 417.74K | 22.63K | 27.01K | 145.05K | 847.38K | 269.44K | 186.61K | 125.45K | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 8.00M | 561.78K | -112.96K | -2.45M | -2.80M | -2.13M | 1.37M | -11.13M | -7.62M | -1.90M | -3.97M | -3.30M | -9.39M | -444.56K | -5.24M | -1.86M | -1.98M | -4.81M | -231.32K | 9.03K | -2.32K | 0.00 | -10.00K |
| EBITDA Ratio | -108.08% | 3.04% | -5.48% | -30.41% | -24.76% | -17.22% | 4.17% | 7.81% | -15.54% | -218.31% | -242.51% | -350.13% | -498.64% | -345.68% | -22,658.80% | -1,528.67% | -327.14% | -572.16% | -69.23% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -8.66M | 102.47K | -1.39M | -3.19M | -3.72M | -2.78M | -208.28K | 2.06M | -3.69M | -6.49M | -4.22M | -3.98M | -9.42M | -2.14M | -5.38M | -2.48M | -2.21M | -5.00M | -356.76K | -2.77K | -2.32K | 0.00 | -10.00K |
| Operating Income Ratio | -48.26% | 0.47% | -10.70% | -39.15% | -32.60% | -22.57% | -0.76% | 6.36% | -29.20% | -232.17% | -253.08% | -504.65% | -2,055.84% | -2,611.10% | -76,890.90% | -2,321.38% | -372.62% | -594.35% | -106.78% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 15.04M | -2.47M | -2.75M | -2.60M | -2.74M | -2.05M | -2.37M | -18.15M | -10.53M | 1.48M | -630.99K | -801.04K | -3.61M | 0.00 | -3.65M | -495.61K | -179.85K | -80.65K | 0.00 | 79.63K | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 6.38M | -1.56M | -3.61M | -5.82M | -6.08M | -4.79M | -2.36M | -17.36M | -14.26M | -5.01M | -4.85M | -3.98M | -9.42M | -3.97M | -9.03M | -2.98M | -2.39M | -5.08M | -356.76K | -2.77K | -2.32K | 0.00 | -10.00K |
| Income Before Tax Ratio | 35.55% | -7.23% | -27.74% | -71.28% | -53.28% | -38.99% | -8.59% | -53.66% | -112.90% | -179.21% | -290.90% | -504.78% | -2,055.84% | -4,843.56% | -129,050.83% | -2,785.00% | -402.98% | -603.94% | -106.78% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 473.21K | 18.00K | 23.00K | 10.00K | 14.00K | 22.15K | 540.42K | -472.67K | 5.95M | -4.07M | -80.66K | 439.54K | 7.14M | 3.66M | 7.30M | 221.28K | 1.60K | 800.00 | 800.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 5.90M | -1.58M | -3.63M | -5.83M | -6.10M | -4.82M | -2.90M | -16.88M | -14.26M | -5.01M | -4.85M | -3.88M | -9.50M | -4.12M | -9.31M | -2.98M | -2.39M | -5.08M | -357.56K | -2.77K | -2.32K | 0.00 | -10.00K |
| Net Income Ratio | 32.91% | -7.31% | -27.92% | -71.41% | -53.41% | -39.17% | -10.56% | -52.20% | -112.90% | -179.21% | -290.90% | -492.09% | -2,073.24% | -5,024.40% | -133,065.74% | -2,785.00% | -403.25% | -604.03% | -107.02% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 0.06 | -0.02 | -0.04 | -0.07 | -0.08 | -0.06 | -0.04 | -0.33 | -0.32 | -0.13 | -0.14 | -0.12 | -0.32 | -0.22 | -8.05 | -8.49 | -6.81 | -15.04 | -2.50 | -0.03 | -0.03 | 0.00 | -0.14 |
| EPS Diluted | 0.06 | -0.02 | -0.04 | -0.07 | -0.08 | -0.06 | -0.04 | -0.33 | -0.32 | -0.13 | -0.14 | -0.12 | -0.32 | -0.22 | -8.05 | -8.49 | -6.81 | -15.04 | -2.50 | -0.03 | -0.03 | 0.00 | -0.14 |
| Weighted Avg Shares Out | 94.17M | 90.03M | 85.86M | 77.82M | 76.53M | 76.14M | 75.06M | 50.65M | 44.16M | 39.14M | 34.28M | 33.14M | 29.33M | 18.95M | 1.16M | 350.67K | 350.67K | 337.72K | 142.77K | 87.06K | 82.21K | 80.00K | 70.00K |
| Weighted Avg Shares Out (Dil) | 97.45M | 90.03M | 85.86M | 77.82M | 76.53M | 76.14M | 75.06M | 50.65M | 44.16M | 39.14M | 34.28M | 33.14M | 29.33M | 18.95M | 1.16M | 350.67K | 350.67K | 337.72K | 142.77K | 87.06K | 82.21K | 80.00K | 70.00K |
ME2C Environmental Reports First Quarter 2023 Financial Results
Begins 2023 with Strong Financial Improvements and Increased Technology Licensing Revenues Corsicana, Texas--(Newsfile Corp. - June 8, 2023) - Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental "or the "Company"), a leading environmental technology firm, has reported financial results for...
ME2C Environmental Receives Conditional Approval to List on an International Stock Market, Adds Toronto-Based CFO
TSX Venture Exchange to Provide Growth to Existing Shareholder Base and International Expansion in Support of Corporate Growth Initiatives Corsicana, Texas--(Newsfile Corp. - April 24, 2023) - Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental " or the "Company"), a...
ME2C Environmental Announces New Three-Year Supply Business Estimated up to $3M Annually
Core Product Supply Business Continues to Grow Corsicana, Texas--(Newsfile Corp. - April 18, 2023) - Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental" or the "Company"), a leading environmental technologies firm, announced today that it has entered into a new...
Midwest Energy Emissions Corp. (MEEC) Q4 2022 Earnings Call Transcript
Midwest Energy Emissions Corp. (MEEC) Q4 2022 Earnings Call Transcript
ME2C Environmental Reports Fourth Quarter and Full Year 2022 Results, Achieves 66% Revenue Growth YoY
Significant Revenue Increase Promotes the Company's Expansion into New Markets & Technologies Corsicana, Texas--(Newsfile Corp. - April 17, 2023) - Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental " or the "Company"), a leading environmental technologies firm, announced today its...
ME2C Environmental to Host Fourth Quarter and Full Year 2022 Conference Call with Corporate Update on April 17, 2023
Corsicana, Texas--(Newsfile Corp. - April 4, 2023) - Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental " or the "Company"), a leading environmental technologies firm, announced today that the Company will be hosting an investor conference call and live webcast...
Renewed Domino Effect At Midwest Energy Emissions
Midwest Energy Emissions has had early success in defending its patents. A second round of litigation has concluded the discovery portion.
ME2C Environmental Issues Shareholder Letter from CEO
Company Expects to Beat Revenue Guidance For 2022, Sees 50% Year Over Year Growth Continuing Into 2023Corsicana, Texas--(Newsfile Corp. - January 18, 2023) - Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental" or the "Company"), a leading environmental technologies firm,...
Midwest Energy Emissions Corp. (MEEC) CEO Richard MacPherson on Q3 2022 Results - Earnings Call Transcript
Midwest Energy Emissions Corp. (OTCQB:MEEC) Q3 2022 Earnings Conference Call November 14, 2022 5:00 PM ET Company Participants Richard MacPherson - CEO Jami Satterthwaite - CFO Conference Call Participants Jeff Feinberg - Feinberg Investments Operator Good afternoon ladies and gentlemen...
ME2C® Environmental Reports Strong Third Quarter 2022 Results and Broad Corporate Growth
CORSICANA, TX, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental" or the “Company”), a leading environmental technologies firm, today announced its financial results for the third quarter 2022. Third quarter 2022 revenue of $7.5M...
Source: https://incomestatements.info
Category: Stock Reports