MGP INGREDIENTS INC (MGPI)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Sales | 145,494 | 121,653 | 161,461 | 190,805 |
Cost of sales | 87,107 | 78,323 | 95,646 | 107,573 |
Gross profit | 58,387 | 43,330 | 65,815 | 83,232 |
Change in fair value of contingent consideration | 8,000 | 14,700 | 6,400 | 5,400 |
Impairment of long-lived assets and other | - | - | - | 21 |
Advertising and promotion expenses | 6,913 | 8,172 | 9,647 | 11,665 |
Selling, general, and administrative expenses | 23,156 | 21,205 | 17,204 | 22,759 |
Operating income | 20,318 | -747 | 32,564 | 43,387 |
Interest expense, net | -1,897 | -1,854 | -2,174 | -2,205 |
Other income, net | 314 | 215 | 1,026 | 943 |
Income before income taxes | 18,735 | -2,386 | 31,416 | 42,125 |
Income tax expense | 4,308 | 671 | 7,554 | 10,108 |
Net income | 14,427 | -3,057 | 23,862 | 32,017 |
Net loss (income) attributable to noncontrolling interest | 1 | -33 | -43 | -68 |
Net income attributable to mgp ingredients, inc | 14,426 | -3,024 | 23,905 | 32,085 |
Basic (in dollars per share) | 0.67 | -0.14 | 1.07 | 1.43 |
Basic (in shares) | 21,360,984 | 21,342,531 | 22,069,885 | 22,119,227 |
Diluted (in dollars per share) | 0.67 | -0.14 | 1.07 | 1.43 |
Diluted (in shares) | 21,360,984 | 21,342,531 | 22,069,885 | 22,119,227 |