Name | Value |
---|---|
Revenues | 161.5M |
Cost of Revenue | 95.6M |
Gross Profit | 65.8M |
Operating Expense | 26.8M |
Operating I/L | 32.6M |
Other Income/Expense | -1.1M |
Interest Income | 0.0M |
Pretax | 31.4M |
Income Tax Expense | 7.6M |
Net Income/Loss | 23.6M |
MGP Ingredients, Inc. operates through three segments: Distillery Products, Branded Spirits, and Ingredient Solutions. The company produces food grade alcohol for beverage applications, including bourbon, rye whiskeys, vodka, and gin, as well as industrial alcohol for various products. It also offers fuel-grade alcohol, distillers feed, corn oil, and warehouse services. Additionally, MGP provides a range of branded distilled spirits and specialty wheat starches, proteins, and gluten-free textured pea proteins for food applications. The company sells its products directly or through distributors to manufacturers and processors of finished packaged goods, primarily in the United States, the United Kingdom, Japan, Thailand, Mexico, and Canada.