MARKET COMPOSITE
MNTX - Manitex International Inc7:58:45 PM 4/24/2024
Price
$5.57
+ 0.14 (2.58%)
Manitex International, Inc. provides engineered lifting solutions worldwide. The company designs, manufactures, and distributes products that are used in various industries. It also offers boom trucks and crane products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction. In addition, the company manufactures and sells rough terrain cranes and material handling products for construction, municipality, and railroad industries; truck mounted hydraulic knuckle boom cranes; and shipping articulated cranes. Further, it offers mobile tanks for petrochemical, waste management, and oil and gas drilling markets; and repair services, as well as supplies repair parts for various medium to heavy duty construction equipment; and rents equipment. The company provides its products under the Manitex, PM, MAC, PM-Tadano, Oil & Steel, Badger, Sabre, and Valla brands. It also sells its products through dealers and rental distribution channel. The company was formerly known as Veri-Tek International, Corp. and changed its name to Manitex International, Inc. in May 2008. Manitex International, Inc. was founded in 1993 and is based in Bridgeview, Illinois.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue78.7MM+10%
Gross Profit16.4MM-1%
Cost Of Revenue62.2MM+14%
Operating Income4.8MM-8%
Operating Expenses11.7MM+2%
Net Income5.2MM-
R&D876K+2%
G&A10.8MM+2%
Amortization-805.4MM-101665%
Interest Expense2.1MM+6%
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