Manitex International, Inc.

Manitex International, Inc.

MNTX
Manitex International, Inc.US flagNASDAQ Capital Market
5.80
USD
- -
- -
118.30MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
12.44
17.18
18.14
12.61
12.7
10.74
12.88
13.15
10.95
8.47
10.63
13.65
14.42
14.49
Basic EPS, GAAP
0.24
0.68
0.8
0.51
-0.34
-2.3
-0.49
-0.72
-0.43
-0.69
-0.23
-0.24
0.36
0.46
Free Cash Flow per Basic Share
-0.53
-0.64
0.17
-0.16
0.26
-1.23
0.48
-0.01
0.07
0.57
0.32
-1.06
-0.24
0.03
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.95
4.83
6.58
7.5
6.87
4.58
4.17
4.81
4.09
3.42
3.2
2.99
3.38
3.61
Tangible Book Value per Share
0.99
2.16
3.04
1.74
3.4
1.67
-0.23
1.46
1.52
1.3
1.3
0.83
1.49
1.91
Basic Weighted Avg Shares
11
12
13
14
16
16
17
18
20
20
20
20
20
20
Sales/Revenue/Turnover
142
205
230
175
203
173
213
242
215
167
212
274
291
295
Operating Margin (%)
5.47
7.04
8.28
7.47
-0.14
-5.76
-0.12
2.27
1.88
-0.66
-1.11
2.41
5.44
6.85
Depreciation Expense
3
3
4
3
7
7
5
5
5
4
4
9
11
11
Net Income, GAAP
3
8
10
7
-5
-37
-8
-13
-8
-14
-5
-5
7
9
Effective Tax Rate (%)
34.01
32.11
31.02
33
- -
- -
- -
- -
98.07
- -
- -
- -
- -
103.5
Profit Margin (%)
1.95
3.94
4.43
4.06
-2.65
-21.42
-3.79
-5.44
-3.94
-8.13
-2.16
-1.79
2.52
3.19
Working Capital
41
61
74
86
80
62
31
60
55
42
40
41
53
55
LT Debt
36
41
43
94
83
80
66
50
40
33
29
71
74
70
Total Equity
47
60
85
128
130
98
71
88
80
69
63
68
80
86
Return on Invested Capital (%)
6.15
9.83
10.47
4.41
- -
- -
- -
- -
0.05
- -
- -
- -
- -
- -
Return on Capital (%)
7.73
10.03
9.74
4.46
- -
- -
- -
- -
-5.44
- -
- -
- -
- -
17.09
Return on Common Equity (%)
- -
15.7
14.42
7.58
-5.03
-40.41
-11.31
-16.72
-10.05
-18.39
-6.96
-7.92
11.47
13.76

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
25
26
26
LT Borrowings
66
63
62
LT Finance Leases
8
8
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
139
90
115

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
145
145
141
Cash, Cash Equivalents & STI
5
5
4
Accounts Receivable, Net
50
52
47
Inventories
84
82
84
Total Current Liabilities
92
93
86
Payables & Accruals
65
65
58
ST Debt
25
26
26
Deferred Revenue
2
2
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.77%
-1.28%
17.25%
Free Cash Flow
-196.5%
-131.08%
-76.74%
Net Income, GAAP
8.49%
-56.92%
-250.09%
Sales/Revenue/Turnover
4.3%
5.78%
6.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
60
70
65
79
274
2023
68
74
71
79
291
2024
73
76
67
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.01
-0.11
-0.17
0.02
-0.24
2023
- -
0.02
0.08
- -
0.36
2024
0.11
0.07
0.02
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
J. Michael Coffey
Full Time Employees
705
Sector
Industrials
Industry
Agricultural - Machinery
Address
9725 Industrial Drive Bridgeview IL United States of America 60455
IPO Date
Feb 15, 2005
Business
Manitex International, Inc., a leading provider of engineered lifting solutions, designs, manufactures and distributes mobile truck cranes, knuckle boom cranes, industrial cranes, aerial work platforms, rough terrain forklifts, material handling equipment and construction equipment rental solutions serving infrastructure, heavy industry, general construction, energy, telecom and utility markets; core offerings include straight-mast boom trucks and cranes under the Manitex brand for high-reach applications in construction and infrastructure, articulating knuckle boom cranes from PM and Oil & Steel brands for versatile load handling in logistics, waste management and forestry, compact carry deck and electric industrial cranes from Badger Equipment and Valla brands for confined-space lifting in manufacturing and petrochemical settings, and specialized carriers with Rabern Rentals for equipment rental and custom chassis solutions. The company operates manufacturing facilities in North America including Georgetown, Texas and Winona, Minnesota, and multiple sites in Italy, with distribution through an extensive independent dealer network across the United States, Italy, Canada, Chile, France, South America, Europe, the Middle East and Asia. Founded in 1993 and headquartered in Bridgeview, Illinois, Manitex International operates as a wholly owned subsidiary of Tadano Ltd. following the completion of Tadano's acquisition of all remaining shares on January 2, 2025 in a $223 million transaction including debt, marking a strategic expansion that adds mobile truck cranes and aerial work platforms to Tadano's portfolio while providing Manitex with enhanced scale, technology access and production synergies; this builds on Tadano's initial 14.5% investment in 2018 and prior acquisitions like Rabern Rentals.

Company News

MCPAPIChat
  • BGL Announces Manitex International Completes the Closing of its Acquisition by Tadano Ltd.

  • Manitex International Announces Closing of its Acquisition by Tadano Ltd.

  • Manitex International Announces Results of Special Meeting of Shareholders

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NAPA and MNTX on Behalf of Shareholders

  • Manitex (MNTX) Q3 Earnings Beat Estimates

  • Manitex International Reports Third Quarter 2024 Results

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates OB and MNTX on Behalf of Shareholders

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MNTX and RFL on Behalf of Shareholders

  • SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Manitex International, Inc. – MNTX

  • MANITEX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Manitex International, Inc. - MNTX

  • BGL Announces Manitex International Reaches Definitive Agreement to be Acquired by Tadano Ltd.

  • MNTX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Manitex International, Inc. Is Fair to Shareholders

  • Torus to Create 172 High-Paying Jobs in Utah, Boosting Local Economy

  • Shareholder Alert: Ademi LLP investigates whether Manitex International, Inc. has obtained a Fair Price for its Public Shareholders

  • Manitex International Signs Dealership Agreement With First Fleet Truck Sales in Support of Its North American PM Crane Sales Expansion

  • Manitex International Signs Dealership Agreement With Bruckner's Truck & Equipment in Support of Its North American PM Crane Sales Expansion

  • Manitex International, Inc. (MNTX) Q2 2024 Earnings Call Transcript

  • Manitex (MNTX) Tops Q2 Earnings and Revenue Estimates

  • Manitex International Reports Second Quarter 2024 Results

  • Manitex International to Participate in the Northland Growth Conference