Mingteng International Corporation Inc. (MTEN)

Mingteng International Corporation will go public soon. The estimated IPO date is January 2, 2024.

IPO Price Range

$4.00 - $6.00

Shares Offered

2,225,000

Deal Size

$11.13M

Income Statement (Annual)

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2021	2020
Revenue	7.8	4.44
Revenue Growth (YoY)	75.51%	-
Cost of Revenue	3.78	1.84
Gross Profit	4.01	2.6
Selling, General & Admin	0.73	0.43
Research & Development	0.41	0.24
Operating Expenses	1.14	0.67
Operating Income	2.87	1.94
Interest Expense / Income	0.04	0.02
Other Expense / Income	-0.16	-0.17
Pretax Income	2.99	2.09
Income Tax	0.4	0.13
Net Income	2.59	1.97
Net Income Growth	31.97%	-
Free Cash Flow	0.62	-0.25
Gross Margin	51.46%	58.57%
Operating Margin	36.81%	43.56%
Profit Margin	33.26%	44.23%
Free Cash Flow Margin	8.00%	-5.69%
Effective Tax Rate	13.27%	6.12%
EBITDA	3.32	2.28
EBITDA Margin	42.61%	51.30%
Depreciation & Amortization	0.29	0.17
EBIT	3.04	2.11
EBIT Margin	38.92%	47.45%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).