See more : SEEK Limited (SKLTY) Income Statement Analysis – Financial Results
Complete financial analysis of Marine Products Corporation (MPX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Marine Products Corporation, a leading company in the Auto – Recreational Vehicles industry within the Consumer Cyclical sector.
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Marine Products Corporation (MPX)
Industry: Auto - Recreational Vehicles
Sector: Consumer Cyclical
Website: https://www.marineproductscorp.com
About Marine Products Corporation
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats, and SSi and SSX outboard models; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. The company sells its products to a network of 206 domestic and 92 international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 383.73M | 381.00M | 298.01M | 239.83M | 292.14M | 298.62M | 267.32M | 241.33M | 207.06M | 171.05M | 168.04M | 148.95M | 106.44M | 101.01M | 48.47M | 175.62M | 244.27M | 261.38M | 272.06M | 252.42M | 193.98M | 162.68M | 134.69M | 148.28M | 122.88M | 103.50M |
| Cost of Revenue | 293.35M | 287.28M | 229.74M | 186.22M | 226.74M | 232.29M | 208.30M | 190.86M | 163.26M | 138.38M | 137.68M | 121.75M | 86.93M | 83.30M | 46.00M | 143.68M | 191.81M | 201.97M | 202.94M | 186.83M | 143.66M | 125.28M | 105.34M | 114.08M | 93.25M | 77.78M |
| Gross Profit | 90.38M | 93.72M | 68.27M | 53.61M | 65.39M | 66.32M | 59.02M | 50.47M | 43.80M | 32.67M | 30.37M | 27.20M | 19.51M | 17.71M | 2.48M | 31.95M | 52.46M | 59.41M | 69.12M | 65.59M | 50.32M | 37.40M | 29.35M | 34.20M | 29.63M | 25.72M |
| Gross Profit Ratio | 23.55% | 24.60% | 22.91% | 22.35% | 22.38% | 22.21% | 22.08% | 20.91% | 21.15% | 19.10% | 18.07% | 18.26% | 18.33% | 17.54% | 5.11% | 18.19% | 21.48% | 22.73% | 25.41% | 25.98% | 25.94% | 22.99% | 21.79% | 23.07% | 24.11% | 24.85% |
| Research & Development | 757.00K | 437.00K | 776.00K | 751.00K | 730.00K | 822.00K | 960.00K | 858.00K | 663.00K | 743.00K | 1.07M | 768.00K | 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 |
| General & Administrative | 43.13M | 41.84M | 30.24M | 27.23M | 28.72M | 28.47M | 26.96M | 24.87M | 20.77M | 18.37M | 18.24M | 16.44M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 16.22M | 16.95M | 0.00 | 0.00 |
| Selling & Marketing | -1.54M | 76.80K | 1.65M | 2.01M | 2.54M | 2.47M | 2.31M | 2.55M | 2.48M | 2.29M | 2.11M | 2.00M | 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 | 41.59M | 41.92M | 31.88M | 29.24M | 31.26M | 30.94M | 29.26M | 27.42M | 23.25M | 20.67M | 20.36M | 18.44M | 14.13M | 13.99M | 21.64M | 23.15M | 30.23M | 32.47M | 33.56M | 29.81M | 23.02M | 18.02M | 16.22M | 16.95M | 15.15M | 13.58M |
| Other Expenses | -1.17M | 0.00 | 0.00 | 0.00 | 0.00 | -4.18M | 29.26M | 27.42M | 23.25M | 20.67M | 20.31M | 18.44M | 14.13M | 13.99M | 12.61M | 23.15M | 30.23M | 32.47M | 33.56M | 29.81M | 23.02M | 18.02M | 0.00 | 1.80M | 15.15M | 13.58M |
| Operating Expenses | 41.18M | 41.92M | 31.88M | 29.24M | 31.26M | 30.94M | 29.26M | 27.42M | 23.25M | 20.67M | 20.36M | 18.44M | 14.13M | 13.99M | 21.64M | 23.15M | 30.23M | 32.47M | 33.56M | 29.81M | 23.02M | 18.02M | 16.22M | 18.75M | 15.15M | 13.58M |
| Cost & Expenses | 334.53M | 329.20M | 261.62M | 215.46M | 258.00M | 263.23M | 237.56M | 218.28M | 186.51M | 159.04M | 158.03M | 140.19M | 101.06M | 97.29M | 67.63M | 166.82M | 222.04M | 234.45M | 236.49M | 216.64M | 166.68M | 143.30M | 121.57M | 132.82M | 108.39M | 91.35M |
| Interest Income | 2.86M | 338.00K | 16.00K | 95.00K | 323.00K | 268.00K | 229.00K | 355.00K | 420.00K | 521.00K | 524.00K | 960.00K | 997.00K | 1.17M | 1.66M | 2.59M | 2.59M | 1.33M | 1.33M | 590.00K | 0.00 | 600.00K | 689.00K | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 338.00K | 338.00K | 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 |
| Depreciation & Amortization | 2.42M | 1.91M | 1.82M | 1.95M | 2.09M | 1.82M | 1.53M | 1.38M | 1.01M | 712.00K | 726.00K | 768.00K | 889.00K | 1.08M | 1.35M | 1.69M | 1.95M | 2.13M | 3.02M | 2.53M | 2.31M | 2.08M | 2.27M | 1.80M | 1.55M | 0.00 |
| EBITDA | 49.58M | 53.70M | 38.21M | 26.32M | 34.14M | 37.21M | 31.29M | 24.43M | 21.56M | 12.72M | 10.23M | 9.53M | 6.27M | 4.80M | -17.81M | 10.49M | 24.19M | 29.06M | 38.58M | 38.31M | 29.61M | 19.38M | 13.12M | 17.26M | 16.03M | 12.14M |
| EBITDA Ratio | 12.92% | 13.59% | 12.21% | 10.16% | 11.68% | 11.85% | 11.13% | 9.55% | 9.93% | 7.02% | 5.96% | 5.88% | 3.15% | 3.68% | -39.53% | 5.97% | 9.90% | 11.12% | 14.18% | 15.18% | 15.26% | 13.19% | 11.43% | 7.04% | 13.04% | 11.73% |
| Operating Income | 49.20M | 51.80M | 36.39M | 24.36M | 34.14M | 35.39M | 29.76M | 23.05M | 20.55M | 12.01M | 10.01M | 8.76M | 5.38M | 3.72M | -19.16M | 8.80M | 22.24M | 26.93M | 35.56M | 35.78M | 27.30M | 19.38M | 13.12M | 15.46M | 14.48M | 12.14M |
| Operating Income Ratio | 12.82% | 13.59% | 12.21% | 10.16% | 11.68% | 11.85% | 11.13% | 9.55% | 9.93% | 7.02% | 5.96% | 5.88% | 5.05% | 3.68% | -39.53% | 5.01% | 9.10% | 10.30% | 13.07% | 14.17% | 14.07% | 11.91% | 9.74% | 10.42% | 11.79% | 11.73% |
| Total Other Income/Expenses | 2.86M | 338.00K | 16.00K | 95.00K | 323.00K | 268.00K | 229.00K | 355.00K | 420.00K | 521.00K | 524.00K | 960.00K | 3.02M | 1.17M | 1.66M | 2.42M | 2.59M | 2.50M | 1.33M | 590.00K | 501.00K | 600.00K | 689.00K | 7.10M | 233.00K | 240.00K |
| Income Before Tax | 52.06M | 52.13M | 36.41M | 24.46M | 34.46M | 35.66M | 29.99M | 23.41M | 20.97M | 12.53M | 10.53M | 9.72M | 8.40M | 4.89M | -17.50M | 11.22M | 24.83M | 29.44M | 36.89M | 36.37M | 27.80M | 19.98M | 138.11M | 22.55M | 14.72M | 12.38M |
| Income Before Tax Ratio | 13.57% | 13.68% | 12.22% | 10.20% | 11.80% | 11.94% | 11.22% | 9.70% | 10.13% | 7.32% | 6.27% | 6.53% | 7.89% | 4.84% | -36.10% | 6.39% | 10.16% | 11.26% | 13.56% | 14.41% | 14.33% | 12.28% | 102.54% | 15.21% | 11.98% | 11.96% |
| Income Tax Expense | 10.37M | 11.79M | 7.38M | 5.01M | 6.22M | 7.17M | 10.69M | 6.66M | 6.67M | 3.61M | 2.74M | 2.74M | 1.67M | 1.04M | -6.81M | 3.63M | 8.40M | 9.12M | 10.67M | 12.62M | 9.73M | 7.59M | 5.25M | 8.59M | 5.60M | 4.71M |
| Net Income | 41.70M | 40.35M | 29.03M | 19.44M | 28.24M | 28.49M | 19.30M | 16.75M | 14.31M | 8.91M | 7.79M | 6.98M | 6.73M | 3.85M | -10.69M | 7.59M | 16.42M | 20.31M | 26.22M | 23.74M | 18.07M | 12.39M | 8.56M | 13.96M | 9.12M | 7.67M |
| Net Income Ratio | 10.87% | 10.59% | 9.74% | 8.11% | 9.67% | 9.54% | 7.22% | 6.94% | 6.91% | 5.21% | 4.64% | 4.69% | 6.32% | 3.81% | -22.06% | 4.32% | 6.72% | 7.77% | 9.64% | 9.41% | 9.32% | 7.62% | 6.36% | 9.42% | 7.42% | 7.41% |
| EPS | 1.21 | 1.18 | 0.85 | 0.56 | 0.81 | 0.83 | 0.55 | 0.44 | 0.39 | 0.24 | 0.21 | 0.19 | 0.19 | 0.11 | -0.30 | 0.21 | 0.44 | 0.54 | 0.69 | 0.41 | 0.32 | 0.22 | 0.23 | 0.36 | 0.24 | 0.20 |
| EPS Diluted | 1.21 | 1.18 | 0.85 | 0.56 | 0.81 | 0.83 | 0.55 | 0.44 | 0.39 | 0.24 | 0.21 | 0.19 | 0.18 | 0.11 | -0.30 | 0.21 | 0.43 | 0.52 | 0.65 | 0.39 | 0.32 | 0.22 | 0.22 | 0.36 | 0.24 | 0.20 |
| Weighted Avg Shares Out | 33.61M | 33.44M | 33.31M | 33.93M | 34.06M | 34.53M | 33.75M | 36.63M | 36.96M | 36.94M | 36.82M | 36.66M | 36.37M | 36.18M | 35.96M | 35.17M | 37.33M | 37.62M | 38.00M | 38.43M | 38.04M | 38.12M | 37.78M | 38.31M | 37.99M | 38.31M |
| Weighted Avg Shares Out (Dil) | 33.61M | 33.44M | 33.31M | 33.93M | 34.06M | 34.53M | 34.84M | 37.86M | 37.15M | 37.23M | 37.14M | 36.80M | 36.74M | 36.67M | 35.96M | 35.17M | 38.19M | 39.07M | 40.34M | 40.75M | 40.18M | 40.30M | 39.32M | 38.31M | 37.99M | 38.31M |
Marine Products Corporation (MPX) Q1 2024 Earnings Call Transcript
Marine Products Corporation (MPX) Q1 2024 Earnings Call Transcript
Marine Products Corporation Reports First Quarter 2024 Financial Results And Declares Regular Quarterly Dividend And $0.70 Per Share Special Dividend
ATLANTA , April 25, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) ("the Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the first quarter ended March 31, 2024. * Non-GAAP measures, including EBITDA, EBITDA margin, and free...
Marine Products Corporation Announces Date for First Quarter 2024 Financial Results and Conference Call
ATLANTA , April 4, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the first quarter ended March 31, 2024 on Thursday, April 25, 2024 before the market opens. In conjunction with...
The Bottom Fishing Club: Possibly The Lowest Valuation Ever For Marine Products
Marine Products is a Georgia-based manufacturer of smaller fishing and seaside excursion boats, with a leading market position. The company has enjoyed strong returns and margins since 2021, with zero debt and plenty of cash on hand currently. A record-low...
Marine Products Corporation (MPX) Q4 2023 Earnings Call Transcript
Marine Products Corporation (MPX) Q4 2023 Earnings Call Transcript
Marine Products Corporation Reports Fourth Quarter And Full Year 2023 Financial Results And Declares Regular Quarterly Cash Dividend
ATLANTA , Jan. 25, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) ("the Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the fourth quarter and full year ended December 31, 2023. * Non-GAAP measures, including EBITDA,...
Marine Products Corporation Announces Date for Fourth Quarter 2023 Financial Results and Conference Call
ATLANTA , Jan. 9, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the fourth quarter ended December 31, 2023 on Thursday, January 25, 2024 before the market opens. In conjunction...
Marine Products: Quiet Compounder And Potential M&A Target
Marine Products has achieved impressive growth, with revenue growing +10% and EBITDA +20% during the last decade. The company has benefited from a market-leading brand, as well as strong technological development to ensure a highly competitive suite of boats. These...
Marine Products Corporation (MPX) Q3 2023 Earnings Call Transcript
Marine Products Corporation (NYSE:MPX ) Q3 2023 Earnings Conference Call October 25, 2023 8:00 AM ET Company Participants Mike Schmit - Chief Financial Officer Ben Palmer - President & Chief Executive Officer Jim Landers - Vice President of Corporate Services...
Marine Products Corporation Announces Regular Quarterly Cash Dividend
ATLANTA , Oct. 25, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.14 per share payable December 11, 2023 to common stockholders of record at the...
Source: https://incomestatements.info
Category: Stock Reports