See more : Comerica Incorporated (0I1P.L) 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
- DIH Holding US, Inc. Warrants (DHAIW) Income Statement Analysis – Financial Results
- India Gelatine & Chemicals Limited (INDGELA.BO) Income Statement Analysis – Financial Results
- Sigma Solve Limited (SIGMA.BO) Income Statement Analysis – Financial Results
- PRECWIRE.BO Income Statement Analysis – Financial Results
- Furuya Metal Co., Ltd. (7826.T) 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 Present at the Taglich Brothers 17th Annual Investment Conference
Management to Present Monday , September 13 th at 11 : 30 a .m. ET
Midwest Energy Emissions Corp. (MEEC) CEO Richard MacPherson on Q2 2021 Results - Earnings Call Transcript
Midwest Energy Emissions Corp. (MEEC) CEO Richard MacPherson on Q2 2021 Results - Earnings Call Transcript
Midwest Energy Emissions Corp. (MEEC) Reports Q2 Loss, Lags Revenue Estimates
Midwest Energy Emissions Corp. (MEEC) delivered earnings and revenue surprises of -100.00% and -43.23%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
ME2C® Environmental Reports Second Quarter 2021 Financial Results
Second Quarter 2021 Revenue Increase d 21 % Year-Over-Year Period as Company Gains Momentum with Patent Portfolio Monetization
ME2C® Environmental to Present at the Q3 Virtual Investor Summit
CORSICANA, TX, Aug. 12, 2021 (GLOBE NEWSWIRE) -- Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental" or the “Company”), a leading environmental technologies firm, today announced that management will present at the Q3 Virtual Investor Summit, taking place August 17-18,...
ME2C® Environmental to Report Second Quarter 2021 Financial Results on August 16, 2021
CORSICANA, TX, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental" or the “Company”), a leading environmental technologies firm, will host a conference call on Monday, August 16, 2021, at 4:30 PM Eastern Time to...
ME2C Environmental signs multi-year supply business deal with current utility licensee
Midwest Energy Emissions Corp (OTCQB:MEEC), also known as ME2C Environmental, said it has secured a new multi-year supply business agreement with a coal-fired power plant located in the Midwest. The power company is also part of the fleet of a...
ME2C® Environmental Adds Significant Multi-Year Supply Business with Current Utility Licensee
Company to Receive New Multi-Year Supply Business
ME2C Environmental Eliminates $2.6M of Convertible Debt
Noteholder Conversion Significantly Improves Debt Profile & S tock holder s' Equity
ME2C Environmental enlists Penn State to test rare earth capture and regeneration technology
Midwest Energy Emissions Corp (OTCQB:MEEC), which is known as ME2C Environmental, has partnered with Pennsylvania State University's College of Earth and Mineral Sciences which will evaluate the company's rare earth element (REE) technology's capture capacity and regeneration potential under certain conditions. ME2C...
Source: https://incomestatements.info
Category: Stock Reports