Mistras Group Inc
NYSE:MG
Income Statement
Earnings Waterfall
Mistras Group Inc
Revenue
|
705.5m
USD
|
Cost of Revenue
|
-501.7m
USD
|
Gross Profit
|
203.8m
USD
|
Operating Expenses
|
-177.3m
USD
|
Operating Income
|
26.5m
USD
|
Other Expenses
|
-44m
USD
|
Net Income
|
-17.5m
USD
|
Income Statement
Mistras Group Inc
Nov-2013 | Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
571
N/A
|
589
+3%
|
623
+6%
|
654
+5%
|
704
+8%
|
716
+2%
|
711
-1%
|
725
+2%
|
713
-2%
|
710
0%
|
719
+1%
|
708
-2%
|
690
-3%
|
693
+0%
|
679
-2%
|
690
+2%
|
701
+2%
|
725
+3%
|
747
+3%
|
749
+0%
|
742
-1%
|
732
-1%
|
740
+1%
|
750
+1%
|
749
0%
|
731
-2%
|
655
-10%
|
611
-7%
|
593
-3%
|
587
-1%
|
640
+9%
|
667
+4%
|
677
+2%
|
685
+1%
|
686
+0%
|
690
+1%
|
687
0%
|
694
+1%
|
691
0%
|
692
+0%
|
705
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(411)
|
(424)
|
(451)
|
(479)
|
(518)
|
(530)
|
(527)
|
(531)
|
(521)
|
(514)
|
(516)
|
(506)
|
(493)
|
(495)
|
(487)
|
(501)
|
(513)
|
(533)
|
(545)
|
(543)
|
(535)
|
(523)
|
(527)
|
(531)
|
(531)
|
(522)
|
(465)
|
(431)
|
(414)
|
(409)
|
(448)
|
(470)
|
(480)
|
(488)
|
(491)
|
(493)
|
(489)
|
(489)
|
(490)
|
(490)
|
(502)
|
|
Gross Profit |
160
N/A
|
165
+3%
|
173
+5%
|
176
+2%
|
187
+6%
|
186
0%
|
185
-1%
|
194
+5%
|
192
-1%
|
196
+2%
|
203
+4%
|
202
-1%
|
197
-2%
|
197
+0%
|
192
-3%
|
190
-1%
|
188
-1%
|
193
+3%
|
201
+5%
|
206
+2%
|
208
+1%
|
209
+0%
|
214
+2%
|
219
+3%
|
217
-1%
|
209
-4%
|
190
-9%
|
180
-5%
|
179
-1%
|
178
0%
|
192
+8%
|
197
+3%
|
197
+0%
|
197
0%
|
195
-1%
|
197
+1%
|
198
+1%
|
204
+3%
|
201
-2%
|
201
+0%
|
204
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(126)
|
(131)
|
(137)
|
(145)
|
(153)
|
(154)
|
(160)
|
(159)
|
(156)
|
(156)
|
(155)
|
(154)
|
(156)
|
(159)
|
(159)
|
(162)
|
(166)
|
(168)
|
(172)
|
(176)
|
(182)
|
(191)
|
(190)
|
(192)
|
(192)
|
(186)
|
(183)
|
(177)
|
(170)
|
(171)
|
(172)
|
(174)
|
(175)
|
(178)
|
(178)
|
(180)
|
(179)
|
(180)
|
(180)
|
(178)
|
(177)
|
|
Selling, General & Administrative |
(113)
|
(118)
|
(124)
|
(130)
|
(138)
|
(139)
|
(144)
|
(145)
|
(141)
|
(142)
|
(141)
|
(141)
|
(143)
|
(146)
|
(147)
|
(150)
|
(153)
|
(155)
|
(158)
|
(162)
|
(166)
|
(175)
|
(173)
|
(173)
|
(172)
|
(166)
|
(164)
|
(159)
|
(154)
|
(155)
|
(157)
|
(159)
|
(161)
|
(164)
|
(165)
|
(167)
|
(167)
|
(167)
|
(168)
|
(166)
|
(165)
|
|
Research & Development |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Depreciation & Amortization |
(10)
|
(10)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(13)
|
(14)
|
(16)
|
(17)
|
(17)
|
(16)
|
(15)
|
(14)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
|
Operating Income |
34
N/A
|
34
+1%
|
36
+4%
|
31
-13%
|
34
+9%
|
32
-5%
|
25
-22%
|
35
+37%
|
36
+5%
|
40
+9%
|
48
+21%
|
48
-1%
|
41
-14%
|
38
-7%
|
32
-15%
|
27
-16%
|
22
-18%
|
25
+12%
|
30
+19%
|
30
+1%
|
26
-12%
|
17
-34%
|
23
+34%
|
27
+17%
|
25
-8%
|
24
-7%
|
7
-69%
|
3
-60%
|
8
+186%
|
8
-10%
|
20
+164%
|
23
+16%
|
22
-5%
|
19
-11%
|
17
-13%
|
16
-2%
|
19
+14%
|
25
+32%
|
20
-17%
|
23
+13%
|
27
+14%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(4)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(10)
|
(11)
|
(13)
|
(13)
|
(13)
|
(12)
|
(13)
|
(16)
|
(13)
|
(13)
|
(12)
|
(11)
|
(10)
|
(9)
|
(9)
|
(10)
|
(13)
|
(14)
|
(16)
|
(18)
|
|
Non-Reccuring Items |
(5)
|
(7)
|
3
|
2
|
2
|
4
|
5
|
5
|
5
|
3
|
(5)
|
(6)
|
(7)
|
(6)
|
(0)
|
(17)
|
(18)
|
(18)
|
(17)
|
(4)
|
(4)
|
(6)
|
(7)
|
(3)
|
(2)
|
(106)
|
(106)
|
(107)
|
(106)
|
(2)
|
(3)
|
(2)
|
(3)
|
(1)
|
(0)
|
(0)
|
1
|
(2)
|
(3)
|
(20)
|
(27)
|
|
Pre-Tax Income |
26
N/A
|
24
-7%
|
35
+47%
|
29
-17%
|
31
+8%
|
32
+2%
|
26
-19%
|
34
+32%
|
35
+4%
|
37
+5%
|
38
+3%
|
38
-2%
|
31
-18%
|
29
-8%
|
28
-2%
|
6
-78%
|
(0)
N/A
|
2
N/A
|
7
+210%
|
19
+194%
|
14
-25%
|
2
-88%
|
5
+200%
|
12
+131%
|
10
-12%
|
(96)
N/A
|
(111)
-16%
|
(117)
-5%
|
(114)
+2%
|
(8)
+93%
|
3
N/A
|
8
+141%
|
7
-11%
|
9
+18%
|
8
-9%
|
7
-7%
|
9
+27%
|
10
+8%
|
3
-74%
|
(13)
N/A
|
(19)
-48%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(13)
|
(12)
|
(13)
|
(11)
|
(12)
|
(12)
|
(10)
|
(13)
|
(13)
|
(13)
|
(14)
|
(13)
|
(11)
|
(10)
|
(10)
|
(2)
|
0
|
(1)
|
(2)
|
(8)
|
(6)
|
(2)
|
(4)
|
(7)
|
(4)
|
9
|
14
|
18
|
15
|
2
|
(1)
|
(4)
|
(3)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
0
|
1
|
1
|
|
Income from Continuing Operations |
13
|
12
|
23
|
19
|
20
|
20
|
16
|
21
|
22
|
24
|
25
|
24
|
20
|
18
|
18
|
4
|
(0)
|
1
|
5
|
11
|
8
|
(0)
|
1
|
5
|
6
|
(87)
|
(97)
|
(99)
|
(100)
|
(6)
|
2
|
4
|
4
|
4
|
3
|
4
|
7
|
7
|
3
|
(12)
|
(17)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
13
N/A
|
12
-12%
|
23
+94%
|
19
-17%
|
20
+6%
|
20
+3%
|
16
-21%
|
21
+32%
|
22
+5%
|
24
+8%
|
25
+2%
|
24
-1%
|
20
-17%
|
18
-9%
|
18
-3%
|
4
-76%
|
(2)
N/A
|
(1)
+55%
|
3
N/A
|
9
+214%
|
7
-23%
|
(1)
N/A
|
0
N/A
|
4
N/A
|
6
+49%
|
(87)
N/A
|
(97)
-12%
|
(99)
-2%
|
(100)
-1%
|
(6)
+94%
|
2
N/A
|
4
+84%
|
4
-6%
|
4
0%
|
3
-34%
|
4
+39%
|
6
+83%
|
7
+6%
|
3
-63%
|
(12)
N/A
|
(17)
-44%
|
|
EPS (Diluted) |
0.44
N/A
|
0.39
-11%
|
0.77
+97%
|
0.64
-17%
|
0.67
+5%
|
0.69
+3%
|
0.54
-22%
|
0.71
+31%
|
0.75
+6%
|
0.81
+8%
|
0.82
+1%
|
0.82
N/A
|
0.67
-18%
|
0.61
-9%
|
0.59
-3%
|
0.14
-76%
|
-0.07
N/A
|
-0.03
+57%
|
0.09
N/A
|
0.3
+233%
|
0.23
-23%
|
-0.04
N/A
|
0
N/A
|
0.14
N/A
|
0.21
+50%
|
-3
N/A
|
-3.35
-12%
|
-3.37
-1%
|
-3.41
-1%
|
-0.21
+94%
|
0.08
N/A
|
0.14
+75%
|
0.13
-7%
|
0.13
N/A
|
0.08
-38%
|
0.11
+38%
|
0.21
+91%
|
0.23
+10%
|
0.08
-65%
|
-0.4
N/A
|
-0.58
-45%
|