Montrose Environmental Group Inc (N:MEG)
Business Focus: Environmental Services & Equipment
| Sector: Industrials | Industry: Environmental Services & Equipment |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1 Park Plz Ste 1000 IRVINE CA 92614-8507 |
| Tel: | 1-949-9883383 |
| Website: | https://montrose-env.com |
| IR: | See website |
| Key People | ||
| Vijay Manthripragada President, Chief Executive Officer, Director | Allan Dicks Chief Financial Officer | Joshua W. LeMaire Chief Operating Officer |
| Nasym Korloo Afsari General Counsel, Secretary | Jose M. Revuelta Chief Strategy Officer | |
| Business Overview |
| Montrose Environmental Group, Inc. is an environmental solutions company focused on supporting commercial and government organizations. Its segment includes Assessment, Permitting and Response, Measurement and Analysis, and Remediation and Reuse. Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments, environmental emergency response, and environmental audits and permits for operations, facility upgrades, new projects, decommissioning projects and development projects. Measurement and Analysis segment includes source and ambient air testing and monitoring, leak detection and repair and advanced analytical laboratory services such as air, storm water, wastewater and drinking water analysis. Remediation and Reuse segment provides clients with engineering, design, and implementation services to treat contaminated water. This segment also offers regulatory services to the oil and gas, and renewables sectors. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Montrose Environmental Group Inc revenues increased 15% to $624.2M. Net loss applicable to common stockholders decreased 2% to $47.3M. Revenues reflect Assessment, Permitting and Response segment increase of 18% to $220.7M, Measurement and Analysis segment increase of 14% to $197.1M. Lower net loss reflects Depreciation and Amortization decrease of 76% to $10.3M (expense). |
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