See more : China Reinsurance (Group) Corporation (1508.HK) 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
- National Research Corporation (NRC) Income Statement Analysis – Financial Results
- Manaksia Steels Limited (MANAKSTEEL.NS) Income Statement Analysis – Financial Results
- Issuer Direct Corporation (ISDR) Income Statement Analysis – Financial Results
- Epileds Technologies, Inc. (4956.TW) Income Statement Analysis – Financial Results
- Jackson Acquisition Company (RJAC-UN) 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 to Host Third Quarter 2022 Conference Call on November 14, 2022
Corsicana, TX, Nov. 08, 2022 (GLOBE NEWSWIRE) -- 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 on Monday,...
ME2C® Environmental Reports Second Quarter 2022 Results Strengthened by Significant Year over Year Growth in Core Business
CORSICANA, TX, Aug. 17, 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 second quarter 2022.
ME2C® Environmental Acquires New Licensee of its Patented Technology with Significant Midwest Utility
ME 2 C to Receive Annual Licensing Payment with Potential for Ongoing Product Supply
ME2C Environmental to Host Second Quarter 2022 Conference Call on August 17, 2022
Corsicana, TX, Aug. 15, 2022 (GLOBE NEWSWIRE) -- 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 on Wednesday,...
ME2C Environmental Reports First Quarter 2022 Financial Results
Corsicana, TX, May 18, 2022 (GLOBE NEWSWIRE) -- Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental" or the "Company"), a leading environmental technologies firm, has reported financial results for the first quarter ended March 31, 2022.
Midwest Energy Emissions Corp. (MEEC) CEO Richard MacPherson on Q4 2021 Results - Earnings Call Transcript
Midwest Energy Emissions Corp. (MEEC) CEO Richard MacPherson on Q4 2021 Results - Earnings Call Transcript
ME2C Environmental reports rise in 4Q and full-year 2021 revenue as it grows customer base amid rising demand
Midwest Energy Emissions Corp—ME2C Environmental (OTCQB:MEEC)—has reported a strong rise in fourth-quarter and full-year 2021 revenue due to increased supply demands in the coal-fired market for sorbents and an expanding customer base. The environmental technologies company increased revenue by 17.4%...
ME2C® Environmental Reports Fourth Quarter and Full Year 2021 Results; Reiterates 2022 Guidance of 60% Year-over-Year Revenue Growth
CORSICANA, TX, April 05, 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 fourth quarter and full year 2021.
ME2C Environmental to Host Fourth Quarter and Full Year 2021 Conference Call on April 6, 2022
Corsicana, TX, April 01, 2022 (GLOBE NEWSWIRE) -- 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 on Wednesday,...
ME2C Environmental exercises right of first refusal for mercury emissions capture product supply with major US coal utility
Midwest Energy Emissions Corp - ME2C Environmental (OTCQB:MEEC) - announced that it has exercised its right of first refusal (ROFR) for mercury emissions capture product supply with a significant coal-powered utility operating in the Midwest. The company said that this...
Source: https://incomestatements.info
Category: Stock Reports