UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32401 MANITEX INTERNATIONAL, INC. (Exact Name of Registrant as Specified in Its Charter) Michigan 42-1628978 (State or Other Jurisdiction ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2021 Commission File No.: 001-32401 MANITEX INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Michigan 42-1628978 (State of incorporation) (I.R.S. Employer 9725 Industrial Drive Bridgeview, Illinois 60455 (Address of principal executive offices) (Zip Code) Registrant's telephone n ...

Financial Data and Key Metrics Changes - Fourth quarter sales increased by 18% year-over-year to $53.4 million, with full-year revenues rising to $211.5 million from $167.5 million in 2020 [5][6] - Adjusted EBITDA for the full year rose to $8 million from $5.7 million, while the backlog grew to a record $189 million, up 66% from the end of Q3 [6][14] - Gross profit declined to $4.7 million in Q4 2021 from $8.4 million in Q4 2020, with gross margin at 14.8% compared to 18.7% the previous year [12][13] Business Line Data and Key Metrics Changes - The PM Knuckle Boom business experienced a decline in Q4 due to logistics and supply constraints, but full-year revenue growth was double-digit compared to 2020 [8][9] - The straight mast business in North America saw a significant pickup in demand, returning to pre-pandemic levels, with a backlog that has more than tripled year-over-year [10][15] - The Oil and Steel Aerial business had a record year in 2021, with significant orders booked in North America and Europe [11] Market Data and Key Metrics Changes - Growth was noted in Western Europe, North America, and operations in Chile, with strong order intake expected to continue into 2022 [9] - The company is expanding its dealer network in Asia and the Middle East to diversify its market presence [9] Company Strategy and Development Direction - The company is focused on improving margins and operational performance by streamlining operations and increasing capacity utilization [6][18] - Price increases are being implemented to offset rising material costs, with expectations for margin expansion in 2022 [12][13] - The company is optimistic about achieving greater operating performance despite ongoing supply chain pressures [19] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing supply chain constraints but noted strong demand for products and successful price adjustments [4][5] - The outlook for 2022 remains positive, with a record backlog and expectations for double-digit growth [18][19] - Management is confident in the company's ability to navigate supply chain challenges and deliver on backlog orders [39] Other Important Information - The company closed its Badger facility in Winona, Minnesota, to streamline operations, which is expected to lead to cost savings [6][16] - Net debt improved to $23.8 million at year-end, with available liquidity of approximately $37.6 million [17] Q&A Session Summary Question: What end markets drove demand in the quarter? - Management noted strong demand in commercial construction, utilities, and mining, particularly in North America and Europe [22][23] Question: How does the company plan to fulfill potential demand in the energy market? - Management indicated that oil and gas currently represent 10% to 15% of the portfolio, with expectations for growth in this area [24][25] Question: How is the backlog characterized regarding double ordering? - Management stated that the backlog is primarily composed of firm orders, with minimal double ordering due to chassis constraints [32][33] Question: What is the competitive landscape like? - Management noted that competitors are facing similar supply chain challenges and are also increasing prices [35] Question: What is the current state of supply constraints? - Management indicated that while some areas have improved, challenges remain, particularly with chassis supply and sporadic issues with hydraulics [38][39]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32401 MANITEX INTERNATIONAL, INC. (Exact Name of Registrant as Specified in Its Charter) Michigan 42-1628978 (State or Other Jurisdict ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32401 MANITEX INTERNATIONAL, INC. (Exact Name of Registrant as Specified in Its Charter) Michigan 42-1628978 (State or Other Jurisdiction o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact Name of Registrant as Specified in Its Charter) Michigan 42-1628978 (State or Other Jurisdiction of Incorporation or Organization) 9725 Industrial Drive, Bridgeview, Illinois 60455 (Address of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2020 Commission File No.: 001-32401 MANITEX INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Michigan 42-1628978 (State of incorporation) (I.R.S. Employer 9725 Industrial Drive Bridgeview, Illinois 60455 (Address of principal executive offices) (Zip Code) Identification No.) Regi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32401 MANITEX INTERNATIONAL, INC. (Exact Name of Registrant as Specified in Its Charter) Michigan 42-1628978 (State or Other Jurisdict ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32401 MANITEX INTERNATIONAL, INC. (Exact Name of Registrant as Specified in Its Charter) Michigan 42-1628978 (State or Other Jurisdiction o ...

Financial Performance - Net revenues for the three months ended March 31, 2020, were $48.733 million, a decrease of 10.3% compared to $54.425 million in the same period of 2019[13] - Gross profit for the same period was $10.247 million, down from $11.992 million, resulting in a gross margin of 21.0%[13] - The company reported a net loss of $7.476 million for the three months ended March 31, 2020, compared to a net income of $910 thousand in the same period of 2019[14] - The loss per share from continuing operations was $0.36 for the first quarter of 2020, compared to earnings of $0.07 per share in the prior year[13] - For the three months ended March 31, 2020, the net loss was $7,476,000 compared to a net income of $910,000 for the same period in 2019, representing a significant decline[17] - Total revenue for the three months ended March 31, 2020, was $48.733 million, a decrease of 10.4% from $54.425 million in the same period of 2019[66] - Equipment sales decreased to $40.875 million in Q1 2020 from $46.384 million in Q1 2019, representing a decline of 11.0%[66] - Part sales slightly decreased to $7.168 million in Q1 2020 from $7.302 million in Q1 2019, a decline of 1.8%[66] - Installation services revenue decreased to $690,000 in Q1 2020 from $739,000 in Q1 2019, a decline of 6.6%[66] - For the three months ended March 31, 2020, net revenues from discontinued operations were $1.499 million, down from $2.995 million in the same period of 2019, resulting in a net loss of $432,000[166] Operating Expenses - Total operating expenses increased to $15.448 million from $9.803 million, primarily due to an impairment of intangibles amounting to $6.722 million[13] - Operating expenses surged to $15,448,000 in Q1 2020, compared to $9,803,000 in Q1 2019, primarily due to an impairment of intangibles of $6,722,000[13] - The company reported a goodwill impairment of $6,585,000 during the first quarter of 2020[17] - The company incurred legal, investment banking, and consulting fees totaling $875,000 related to the investment transaction with Tadano[136] Assets and Liabilities - Total current assets increased to $130.872 million as of March 31, 2020, from $123.417 million at December 31, 2019[12] - Total liabilities rose to $122.732 million as of March 31, 2020, compared to $115.878 million at the end of 2019[12] - The company's total equity decreased to $71.775 million as of March 31, 2020, from $79.550 million at December 31, 2019[12] - Cash and cash equivalents decreased to $22.101 million as of March 31, 2020, from $23.327 million at December 31, 2019[12] - Total current liabilities increased to $84,357,000 as of March 31, 2020, up from $68,076,000 at the end of 2019, representing a 23.9% increase[12] - Total assets decreased slightly to $194,507,000 as of March 31, 2020, compared to $195,428,000 at the end of 2019[12] Cash Flow - Cash used for operating activities was $603,000, an improvement from $1,597,000 used in the same period last year[17] - The company had cash and cash equivalents of $22,320,000 at the end of the period, down from $23,577,000 at the beginning of the year[17] - Interest paid in cash for the three months ended March 31, 2020, was $1,693,000, compared to $1,528,000 in the same period in 2019[22] - For the three months ended March 31, 2020, interest received in cash was $60,000, while interest paid in cash was $1,693,000, compared to $69,000 and $1,528,000 for the same period in 2019, respectively[22] Inventory and Receivables - Inventory increased to $64.360 million as of March 31, 2020, compared to $57.818 million at the end of 2019, reflecting a rise of 11.8%[12] - Accounts receivable increased by $1,987,000, while inventory increased by $7,283,000 compared to the previous year[17] - The allowance for doubtful accounts was $663,000 as of March 31, 2020, down from $686,000 at the end of 2019[29] - One customer, Rush Truck Center, accounted for approximately 10.0% of the company's revenue for the three months ended March 31, 2020[30] Strategic Initiatives - The company approved the exploration of strategic alternatives for its Sabre segment, which may include a sale of all or part of the business[25] - The Company is exploring strategic alternatives for Sabre, including the potential sale of all or part of its business and assets, which has been classified as discontinued operations[25] Tax and Compliance - The effective tax rate for the three months ended March 31, 2020 was -6.08% on a pretax loss of $6,640,000, compared to 13.10% on a pretax income of $1,506,000 in the prior year[130] - The Company's total unrecognized tax benefits as of March 31, 2020 were approximately $4.0 million, down from $4.3 million in 2019[131] - The Company anticipates a possible decrease of up to $300,000 in unrecognized tax benefits within 12 months due to the expiration of the statute of limitations[131] Other Financial Information - The Company issued 125,000 restricted stock units during the period, with a total compensation expense of $201,000 related to these units for the three months ended March 31, 2020[142] - The Company repurchased 2,949 shares of common stock from employees at a closing price of $4.34 on March 13, 2020[138] - The Company has a remaining obligation of $1,140,000 under settlement agreements with two plaintiffs, payable in 12 annual installments[149] - The Company recognized a pretax loss of $205,000 from the sale of 1,000,000 shares of ASV, which were sold for $7.00 per share[160] - The Company received total proceeds of $3.7 million from the Paycheck Protection Program (PPP) loans, intended primarily for payroll costs[167] - The Company is closely monitoring the impact of the COVID-19 pandemic on its business and financial performance, with uncertainty regarding its duration and severity[168]