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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 |
MTI Instruments' Accumeasure HD System Proven to Be Highest Resolution Capacitance System in the World
ALBANY, N.Y., April 9, 2021 /PRNewswire/ -- MTI Instruments, Inc. ("MTI Instruments"), a wholly-owned subsidiary of Mechanical Technology, Incorporated, (NASDAQ: MKTY), announced today that its Accumeasure HD system technology has been proven to measure distances as small as 69 picometers,...
3 Strong Performers to Consider
Shareholders of Digital Turbine Inc (NASDAQ:APPS), Mechanical Technology Inc (NASDAQ:MKTY) and Silvergate Capital Corp (NYSE:SI) have seen the value of their holdings increase significantly in recent years, outperforming the S&P 500 Index. The share price of the benchmark index for...
Mechanical Technology, Incorporated Reports Record 2020 Revenue and Full Year Results
ALBANY, N.Y., March 31, 2021 /PRNewswire/ -- Mechanical Technology, Incorporated ("MTI" or the "Company"), (NASDAQ: MKTY), the parent company of MTI Instruments, Inc. ("MTI Instruments"), a test and measurement instruments and systems business and EcoChain, Inc. ("EcoChain"), a cryptocurrency mining business...
EcoChain, Inc. Announces Strategic Update on its Growth and Operations
ALBANY, N.Y., March 2, 2021 /PRNewswire/ -- EcoChain, Inc. ("EcoChain"), a wholly-owned subsidiary of Mechanical Technology, Incorporated ("MTI" or the "Company"), (OTCQB: MKTY), a cryptocurrency mining business powered by renewable energy, announced today the release of a strategic...
Mechanical Technology, Incorporated and Subsidiary, EcoChain, Inc. Announce Appointment of Aly Madhavji to Board of Directors
ALBANY, N.Y., Feb. 25, 2021 /PRNewswire/ -- Mechanical Technology, Incorporated ("MTI" or the "Company"), (OTCQB: MKTY), the parent company of MTI Instruments, Inc. and EcoChain, Inc. ("EcoChain"), a cryptocurrency mining business powered by renewable energy, announced today that its...
Mechanical Technology, Incorporated and subsidiary, EcoChain, Inc. Announce Appointment of Will Hazelip to Board of Directors
ALBANY, N.Y., Feb. 23, 2021 /PRNewswire/ -- Mechanical Technology, Incorporated ("MTI" or the "Company"), (OTCQB: MKTY), the parent company of MTI Instruments, Inc. and EcoChain, Inc. ("EcoChain"), a cryptocurrency mining business powered by renewable energy, announced today that its...
Mechanical Technology: A Much Better Way To Play Bitcoin Than Riot
Mechanical Technology: A Much Better Way To Play Bitcoin Than Riot
Source: https://incomestatements.info
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