See more : Bank of Utica (BKUTK) Income Statement Analysis – Financial Results
Complete financial analysis of Mechanical Technology, Incorporated (MKTY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Mechanical Technology, Incorporated, a leading company in the Industrial – Machinery industry within the Industrials sector.
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Mechanical Technology, Incorporated (MKTY)
About Mechanical Technology, Incorporated
Mechanical Technology, Incorporated, through its subsidiary, MTI Instruments, Inc., designs, manufactures, and markets precision linear displacement solutions, vibration measurement and system balancing solutions, and wafer inspection tools worldwide. It offers electronic gauging instruments for position, displacement, and vibration applications in the industrial manufacturing/production markets, as well as the research, design, and process development market. The company also provides engine vibration analysis systems for military and commercial aircraft; capacitance, laser systems, and fiber optic sensors for non-contact measurement; and vibration and balancing systems, engine signal conditioning, and charge amplifiers for turbine engine/rotating machine measurement and balancing. In addition, it offers portable precision signal generator; manual semiconductor metrology system, semi-automated metrology system, and photovoltaic/solar metrology system; and rapid-deployment custom measurement solutions to OEMs. The company serves manufacturing, electronics, semiconductor, solar, commercial and military aviation, automotive, and data storage industries. Mechanical Technology, Incorporated was founded in 1961 and is based in Albany, New York.
| Metric | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.60M | 6.57M | 7.06M | 7.06M | 6.33M | 8.78M | 8.35M | 5.90M | 10.29M | 8.41M | 8.31M | 7.38M | 10.58M | 8.16M | 7.84M | 8.57M | 7.86M | 7.30M | 5.55M | 12.90M | 21.00M | 31.98M | 31.90M | 29.75M | 68.00M | 70.00M | 64.70M | 71.90M | 73.20M | 88.20M | 68.70M | 66.30M | 60.10M |
| Cost of Revenue | 3.07M | 2.21M | 2.23M | 2.72M | 2.48M | 3.28M | 3.25M | 2.97M | 3.78M | 2.93M | 2.67M | 3.18M | 3.43M | 2.90M | 2.38M | 2.88M | 2.38M | 3.15M | 2.31M | 7.70M | 12.10M | 20.30M | 19.90M | 21.11M | 46.00M | 35.80M | 30.00M | 35.20M | 38.90M | 60.50M | 45.60M | 45.40M | 42.00M |
| Gross Profit | 6.53M | 4.37M | 4.83M | 4.33M | 3.86M | 5.50M | 5.10M | 2.93M | 6.51M | 5.48M | 5.64M | 4.20M | 7.15M | 5.26M | 5.46M | 5.69M | 5.48M | 4.15M | 3.24M | 5.20M | 8.90M | 11.68M | 12.00M | 8.64M | 22.00M | 34.20M | 34.70M | 36.70M | 34.30M | 27.70M | 23.10M | 20.90M | 18.10M |
| Gross Profit Ratio | 67.98% | 66.44% | 68.36% | 61.42% | 60.90% | 62.60% | 61.04% | 49.71% | 63.27% | 65.17% | 67.91% | 56.89% | 67.59% | 64.44% | 69.63% | 66.43% | 69.69% | 56.84% | 58.32% | 40.31% | 42.38% | 36.52% | 37.62% | 29.04% | 32.35% | 48.86% | 53.63% | 51.04% | 46.86% | 31.41% | 33.62% | 31.52% | 30.12% |
| Research & Development | 1.49M | 1.38M | 1.15M | 1.24M | 1.55M | 1.35M | 1.32M | 1.36M | 1.47M | 3.86M | 5.44M | 8.26M | 11.77M | 12.92M | 9.67M | 12.96M | 8.35M | 3.68M | 2.03M | 1.10M | 800.00K | 1.73M | 1.26M | 1.43M | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.16M | 4.86M | 4.90M | 5.80M | 9.37M | 9.78M | 7.98M | 16.70M | 29.70M | 33.20M | 33.60M | 33.50M | 17.70M | 14.10M | 14.20M | 13.30M |
| Selling & Marketing | 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 | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 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 | 0.00 | 0.00 | 0.00 | 6.16M | 4.86M | 4.90M | 5.80M | 9.37M | 9.78M | 7.98M | 16.70M | 29.70M | 33.20M | 33.60M | 33.50M | 17.70M | 14.10M | 14.20M | 13.30M |
| Other Expenses | 3.58M | 2.73M | 3.09M | 3.45M | 3.78M | 3.59M | 3.42M | 3.81M | 4.99M | 5.02M | 3.28M | 8.37M | 8.74M | 10.07M | 10.89M | 6.33M | 5.84M | 0.00 | 264.00K | 600.00K | 300.00K | 0.00 | 0.00 | 1.59M | 2.40M | 2.50M | 2.70M | 3.00M | 3.00M | 3.20M | 2.10M | 1.70M | 1.70M |
| Operating Expenses | 5.08M | 4.11M | 4.24M | 4.70M | 5.33M | 4.93M | 4.74M | 5.18M | 6.46M | 8.88M | 8.73M | 16.63M | 20.50M | 22.99M | 20.56M | 19.29M | 14.19M | 9.84M | 7.16M | 6.60M | 6.90M | 11.10M | 11.04M | 10.99M | 19.10M | 32.20M | 35.90M | 36.60M | 36.50M | 20.90M | 16.20M | 15.90M | 15.00M |
| Cost & Expenses | 8.15M | 6.31M | 6.47M | 7.42M | 7.80M | 8.22M | 7.99M | 8.14M | 10.24M | 11.81M | 11.39M | 19.81M | 23.93M | 25.89M | 22.94M | 22.16M | 16.57M | 12.99M | 9.47M | 14.30M | 19.00M | 31.40M | 30.95M | 32.10M | 65.10M | 68.00M | 65.90M | 71.80M | 75.40M | 81.40M | 61.80M | 61.30M | 57.00M |
| Interest Income | 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 | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00K | 0.00 | 0.00 | 222.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.00K | 1.97M | 1.94M | 100.00K | 100.00K | 0.00 | 790.00K | 1.08M | 1.30M | 1.60M | 1.90M | 2.30M | 2.60M | 1.80M | 400.00K | 500.00K | 1.00M |
| Depreciation & Amortization | 159.00K | 87.00K | 81.00K | 85.00K | 80.00K | 83.00K | 91.00K | 129.00K | 307.00K | 481.00K | 660.00K | 819.00K | 1.13M | 1.10M | 1.25M | 911.00K | 599.00K | 1.76M | 264.00K | 600.00K | 300.00K | 587.00K | 686.00K | 837.00K | -2.40M | -2.50M | -2.70M | 3.00M | 3.00M | 3.20M | 2.10M | 1.70M | 1.70M |
| EBITDA | 1.71M | 382.00K | 669.00K | -283.00K | -1.39M | 783.00K | 3.78M | -1.95M | 1.15M | -1.27M | -2.43M | -9.68M | -5.90M | -10.67M | -12.25M | -6.84M | -622.00K | 15.10M | -18.32M | -10.00M | -3.90M | 5.22M | 5.29M | 4.93M | 500.00K | -400.00K | -10.20M | 3.30M | 600.00K | 10.30M | 8.90M | 7.20M | 5.40M |
| EBITDA Ratio | 17.85% | 5.81% | 9.47% | -4.01% | -21.99% | 8.92% | 45.26% | -33.05% | 11.12% | -15.13% | -29.20% | -131.21% | -55.73% | -130.84% | -156.28% | -79.86% | -7.92% | 206.85% | -330.20% | -77.52% | -18.57% | 16.33% | 16.58% | 16.56% | 0.74% | -0.57% | -15.77% | 4.59% | 0.82% | 11.68% | 12.95% | 10.86% | 8.99% |
| Operating Income | 1.45M | 259.00K | 588.00K | -361.00K | -1.47M | 565.00K | 361.00K | -2.24M | 52.00K | -3.39M | -3.09M | -12.44M | -13.35M | -17.74M | -15.10M | -13.59M | -8.71M | -5.70M | -3.93M | -1.40M | 2.00M | 580.00K | 956.00K | -2.35M | 2.90M | 2.00M | -1.20M | 100.00K | -2.20M | 6.80M | 6.90M | 5.00M | 3.10M |
| Operating Income Ratio | 15.11% | 3.94% | 8.33% | -5.12% | -23.22% | 6.43% | 4.32% | -38.03% | 0.51% | -40.32% | -37.17% | -168.56% | -126.12% | -217.47% | -192.55% | -158.60% | -110.83% | -78.04% | -70.80% | -10.85% | 9.52% | 1.81% | 3.00% | -7.91% | 4.26% | 2.86% | -1.85% | 0.14% | -3.01% | 7.71% | 10.04% | 7.54% | 5.16% |
| Total Other Income/Expenses | 104.00K | 36.00K | 0.00 | -7.00K | -2.00K | 135.00K | 3.25M | 161.00K | 48.00K | 0.00 | -485.00K | 1.68M | 5.74M | 4.76M | 149.00K | 4.47M | 6.98M | 26.43M | -16.84M | -9.20M | -3.90M | 1.55M | -383.00K | 5.36M | -1.30M | -1.50M | -8.20M | -2.40M | -3.50M | -1.50M | -500.00K | 0.00 | -400.00K |
| Income Before Tax | 1.55M | 295.00K | 588.00K | -368.00K | -1.47M | 700.00K | 3.61M | -2.08M | 100.00K | -3.39M | -3.57M | -10.76M | -7.61M | -12.98M | -14.95M | -9.12M | -1.73M | 20.74M | -20.77M | -10.60M | -1.90M | 2.13M | 573.00K | 3.01M | 1.60M | 500.00K | -9.40M | -2.30M | -5.70M | 5.30M | 6.40M | 5.00M | 2.70M |
| Income Before Tax Ratio | 16.19% | 4.49% | 8.33% | -5.22% | -23.25% | 7.97% | 43.27% | -35.31% | 0.97% | -40.32% | -43.01% | -145.84% | -71.89% | -159.15% | -190.65% | -106.43% | -22.03% | 284.13% | -374.36% | -82.17% | -9.05% | 6.65% | 1.80% | 10.11% | 2.35% | 0.71% | -14.53% | -3.20% | -7.79% | 6.01% | 9.32% | 7.54% | 4.49% |
| Income Tax Expense | -392.00K | -28.00K | 6.00K | -9.00K | 1.36M | -40.00K | 35.00K | 6.00K | -1.55M | 4.00K | -208.00K | 2.00M | 2.55M | 1.90M | 1.59M | -3.56M | -669.00K | 7.52M | -1.93M | -9.10M | -3.80M | 114.00K | 64.00K | 86.00K | 500.00K | 400.00K | -800.00K | -600.00K | -2.00M | 2.10M | 3.30M | 2.40M | 1.40M |
| Net Income | 1.95M | 323.00K | 582.00K | -359.00K | -2.83M | 740.00K | 3.65M | -2.09M | 2.39M | -1.76M | -3.10M | -12.50M | -9.58M | -13.67M | -15.09M | -4.19M | -559.00K | 3.84M | -18.60M | -10.70M | -4.30M | 4.52M | 3.75M | 2.92M | 1.10M | 100.00K | -8.60M | -1.40M | -3.00M | 3.20M | 3.10M | 2.60M | 1.30M |
| Net Income Ratio | 20.27% | 4.92% | 8.24% | -5.09% | -44.74% | 8.43% | 43.75% | -35.36% | 23.18% | -20.90% | -37.31% | -169.48% | -90.47% | -167.57% | -192.50% | -48.90% | -7.11% | 52.63% | -335.24% | -82.95% | -20.48% | 14.13% | 11.75% | 9.82% | 1.62% | 0.14% | -13.29% | -1.95% | -4.10% | 3.63% | 4.51% | 3.92% | 2.16% |
| EPS | 0.20 | 0.03 | 0.06 | -0.06 | -0.54 | 0.14 | 0.70 | -0.40 | 0.48 | -0.37 | -0.65 | -2.62 | -2.00 | -3.44 | -3.92 | -1.12 | -0.16 | 0.88 | -4.24 | -2.51 | -1.17 | 1.23 | 1.02 | 0.80 | 0.30 | 0.03 | -2.42 | -0.38 | -0.86 | 0.88 | 0.86 | 0.74 | 0.38 |
| EPS Diluted | 0.20 | 0.03 | 0.06 | -0.06 | -0.54 | 0.14 | 0.69 | -0.40 | 0.48 | -0.37 | -0.65 | -2.62 | -1.98 | -3.44 | -3.92 | -1.12 | -0.16 | 0.83 | -4.24 | -2.51 | -1.17 | 1.23 | 1.02 | 0.80 | 0.30 | 0.03 | -2.42 | -0.38 | -0.86 | 0.88 | 0.86 | 0.74 | 0.38 |
| Weighted Avg Shares Out | 9.80M | 9.60M | 9.13M | 5.99M | 5.26M | 5.26M | 5.26M | 5.26M | 5.00M | 4.77M | 4.77M | 4.77M | 4.79M | 3.97M | 3.85M | 3.74M | 3.49M | 4.36M | 4.39M | 4.27M | 3.67M | 3.67M | 3.67M | 3.67M | 3.67M | 3.33M | 3.55M | 3.68M | 3.49M | 3.64M | 3.60M | 3.51M | 3.42M |
| Weighted Avg Shares Out (Dil) | 9.80M | 9.60M | 9.33M | 5.99M | 5.26M | 5.46M | 5.31M | 5.26M | 5.00M | 4.77M | 4.77M | 4.77M | 4.84M | 3.97M | 3.85M | 3.74M | 3.49M | 4.61M | 4.39M | 4.27M | 3.67M | 3.67M | 3.67M | 3.67M | 3.67M | 3.33M | 3.55M | 3.68M | 3.49M | 3.64M | 3.60M | 3.51M | 3.42M |
Mechanical Technology to Present at Fall Harvest - Best Ideas from the Buy-Side on October 6th
ALBANY, NY / ACCESSWIRE / September 30, 2021 / Mechanical Technology, Incorporated ("MTI" or the "Company"), (NASDAQ:MKTY), the parent company of EcoChain, Inc. ("EcoChain"), a cryptocurrency mining business powered by renewable energy, and MTI Instruments, Inc. ("MTI Instruments"), a test...
Mechanical Technology, Incorporated Announces Closing of Upsized $18 Million Preferred Stock Offering
ALBANY, N.Y., Aug. 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Mechanical Technology, Incorporated (“MTI” or the “Company”), (NASDAQ: MKTY), the parent company of EcoChain, Inc. ("EcoChain"), a cryptocurrency mining business powered by renewable energy, and MTI Instruments, Inc. ("MTI...
Mechanical Technology: Success Is In The Management's Hands
Mechanical Technology: Success Is In The Management's Hands
MTI Releases Q2 Financials, Announces EcoChain Acquisition of Soluna Computing; PCG Digital Tech Watch Review
NEW YORK,, Aug. 12, 2021 /PRNewswire/ -- Mechanical Technology Inc (Nasdaq: MKTY) released its 2021 Q2 financials this week, capping off a strong quarter on both the revenue and production sides. Total revenue was reported at $3.3 million, up 35%...
Mechanical Technology Shares Increase Over 4% Pre-Market: Why It Happened
The shares of Mechanical Technology Inc. (NASDAQ: MKTY) increased over 4% pre-market. This is why it happened.
Soluna Computing Announces Acquisition by MTI to Create Clean Computing Juggernaut
NEW YORK, Aug. 12, 2021 /PRNewswire/ -- Mechanical Technology, Inc ("MTI") (NASDAQ: MKTY) and Soluna Computing, Inc. ("SCI") today announced that they have signed a definitive agreement whereby MTI will acquire SCI. Soluna will buy excess energy from wind and solar...
EcoChain, Inc. Announces Agreement to Acquire Soluna Computing, Inc., Adds 300 MW Pipeline Under LOI
Combined Company Will Monetize Wasted Renewable Energy Production from Wind & Solar Farm Owners
MKTY Stock Price Increases Over 10% Pre-Market: Why It Happened
The stock price of Mechanical Technology, Incorporated (NASDAQ: MKTY) increased by over 10% pre-market. This is why it happened.
Mechanical Technology, Incorporated Announces Second Quarter 2021 Financial Results and EcoChain July Site Level Financials
EcoChain Ramp Continues with Expected August Hashrate up 269%, September up 863% over July and Strikes Joint-Venture Deal
EcoChain, Inc. Reports Monthly Site Level Financials for Q2 2021
Revenue Increase of 66% over Q1 2021
Source: https://incomestatements.info
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