← MGP INGREDIENTS INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $22.4m $347.4m $376.1m $362.7m $395.5m $626.7m $782.4m $836.5m $703.6m $536.4m
Cost of Revenue $15.7m $271.4m $292.5m $286.2m $296.7m $427.8m $529.1m $531.8m $417.3m $337.0m
Cost of sales $253.0m $271.4m $292.5m $286.2m $296.7m $427.8m $529.1m $531.8m $417.3m $337.0m
Gross Profit $65.3m $76.0m $83.6m $76.5m $98.8m $199.0m $253.3m $304.7m $286.3m $199.4m
Operating Income (Loss) $42.0m $42.9m $50.1m $47.2m $54.2m $126.4m $149.0m $148.6m $74.4m ($94.6m)
Additional Financial Items
Amortization of Intangible Assets — — — — — $1.6m $2.1m — — —
Goodwill, Impairment Loss — — — — — — — — $73.8m $132.1m
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — — ($102.7m)
Income (Loss) from Continuing Operations, Per Diluted Share — — — — — — — — — —
Income (Loss) from Equity Method Investments $4.0m — $0 $0 — ($1.6m) ($2.2m) ($337k) $1.8m $1.2m
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $954k — $708k $253k $261k $712k $871k $1.1m $373k ($1.3m)
Impairment of long-lived assets and other — — — — — $0 $0 $19.4m $137k $0
Goodwill and indefinite-lived intangible asset impairment — — — — — — — $0 $73.8m $152.6m
Change in fair value of contingent consideration — — — — — $0 $0 $7.1m $16.1m $25.5m
Income (loss) before income taxes $44.7m $52.8m $49.0m $45.9m $52.6m $121.1m $140.2m $141.7m $68.4m ($100.3m)
Net loss attributable to noncontrolling interest — — — $0 $0 $490k $590k $345k $198k $23k
Income (loss) attributable to participating securities, basic $954k $996k $708k $253k $261k ($712k) ($871k) ($1.1m) ($373k) ($1.3m)
Income (loss) attributable to participating securities, diluted — — — ($253k) ($261k) ($712k) ($871k) ($1.1m) ($373k) ($1.3m)
Basic (in shares) 16.6m — — $17.0m $16.9m $20.7m $22.0m $22.1m $22.0m $21.4m
Diluted (in shares) $16.6m — — $17.0m $16.9m $21.0m $22.1m $22.2m $22.0m $21.4m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $44.7m $52.8m $49.0m $45.9m $52.6m $121.1m $140.2m $141.7m $68.4m ($100.3m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — — — —
Net income (loss) used in earnings per common share calculation, basic $30.2m $40.8m $36.6m $38.5m $40.1m $90.6m $108.6m $106.4m $34.3m ($106.5m)
Net income (loss) used in earnings per common share calculation, diluted $30.2m $41.8m $36.6m $38.5m $40.1m $90.6m $108.6m $106.4m $34.3m ($106.5m)
Net Income (Loss) Attributable to Parent $31.2m $41.8m $37.3m $38.8m $40.3m $91.3m $109.5m $107.5m $34.7m ($107.8m)
Net Income (Loss) Available to Common Stockholders, Basic $30.2m $41.8m $36.6m $38.5m $40.1m $90.6m $108.6m $106.4m $34.3m ($106.5m)
Net Income (Loss) Attributable to Noncontrolling Interest ($4.0m) — — — — ($490k) ($590k) ($345k) ($198k) ($23k)
Earnings Per Share, Basic $0.12 $1.01 $0.32 $2.27 $2.37 $4.37 $4.94 $4.82 $1.56 ($4.99)
Earnings Per Share, Diluted $1.82 $2.44 $2.17 $2.27 $2.37 $4.34 $4.92 $4.80 $1.56 ($4.99)
Common Stock, Dividends, Per Share, Declared $0.12 $1.01 $0.32 $0.40 $0.48 $0.48 $0.48 $0.48 $0.48 $0.48
Weighted Average Number of Shares Outstanding, Basic 16.6m — — $17.0m $16.9m 20.7m 22.0m 22.1m 22.0m 21.4m
Weighted Average Number of Shares Outstanding, Diluted 16.6m — — $17.0m $16.9m 21.0m 22.1m 22.2m 22.0m 21.4m
Research and Development Expense $916k — — — — — — — — —
Selling, General and Administrative Expense $26.7m $33.1m $33.5m $29.3m $44.6m $72.8m $74.6m $91.4m $81.4m $84.8m
Selling, general, and administrative expenses $26.7m $33.1m $33.5m $29.3m $44.6m $72.8m $74.6m $91.4m $81.4m $84.8m
Other Nonoperating Income (Expense) — — — $0 $627k ($1.2m) ($3.3m) ($220k) $2.5m $1.3m
Marketing and Advertising Expense — — — $2.8m $2.7m $16.1m $29.7m $38.2m $40.5m $31.1m
Advertising and promotion expenses — — — $2.8m $2.7m $16.1m $29.7m $38.2m $40.5m $31.1m
Other income (expense), net — — — $0 $627k ($1.2m) ($3.3m) ($220k) $2.5m $1.3m
Interest Expense $1.3m — $1.2m $1.3m $2.3m $4.0m $5.5m $6.6m $8.4m $7.0m
Interest expense, net ($1.3m) ($1.2m) ($1.2m) ($1.3m) ($1.6m) ($4.0m) ($5.5m) ($6.6m) ($8.4m) ($7.0m)
Current Income Tax Expense (Benefit) $13.0m — $10.2m $6.8m $12.1m $23.5m $30.3m $38.6m $33.6m $10.9m
Income tax expense $13.5m $10.9m $11.7m $7.1m $12.3m $30.3m $31.3m $34.6m $34.0m $7.5m
Interest Income (Expense), Nonoperating, Net — — — — $1.6m $4.0m ($5.5m) ($6.6m) ($8.4m) ($7.0m)
Income Tax Expense (Benefit) $13.5m $10.9m $11.7m $7.1m $12.3m $30.3m $31.3m $34.6m $34.0m $7.5m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.