Financial Data and Key Metrics Changes - Revenue for Q1 2022 was $60.4 million, an increase of 28% year-over-year and up from $53.4 million in Q4 2021, driven mainly by sales of larger tonnage cranes and aerial platforms [17][10] - Gross profit margin was 16.8%, representing a 200 basis point improvement sequentially but nearly 200 basis points lower than the previous year due to higher raw material costs and increased logistics expenses [17][11] - Adjusted EBITDA increased to $2.7 million or 4.5% of sales, compared to $1.9 million or 3.9% of sales in Q1 2021, with a sequential improvement of 390 basis points from Q4 2021 [18][11] - Net income for the quarter was $0.2 million, a significant improvement from a loss of $0.8 million in the same quarter last year [22] Business Line Data and Key Metrics Changes - The backlog reached a record $206 million as of March 31, 2022, which is 145% higher than at the end of March 2021, reflecting strong orders in straight mast cranes, knuckle cranes, and aerial platforms [20] - The straight mast crane backlog more than tripled year-over-year, while knuckle crane and aerial platforms backlogs more than doubled since Q1 2021 [20] Market Data and Key Metrics Changes - The company is experiencing strong demand across most product categories, with a book-to-bill ratio of 1.3:1 for the quarter, indicating continued strength in order flow [20] Company Strategy and Development Direction - The acquisition of Rabern Rentals is expected to improve operating margins and overall shareholder value, with the company focusing on operational efficiency and leveraging its product innovations [5][6] - The company aims to achieve double-digit EBITDA performance by improving production output and efficiencies, as well as enhancing supply chain management [12][11] Management's Comments on Operating Environment and Future Outlook - Management acknowledged headwinds from global supply delays and rising cost pressures but expressed confidence in the effectiveness of their initiatives to counteract these challenges [26] - The integration of Rabern Rentals is expected to contribute positively to margins, with management anticipating a slight uptick in gross margin in Q2 2022 [38][39] Other Important Information - Net debt stood at $31.5 million as of March 31, 2022, with a leverage ratio of 3.5x trailing 12-month adjusted EBITDA, and the company has available liquidity of approximately $35 million to $40 million [23] Q&A Session Summary Question: What type of growth to expect from Rabern Rentals? - Management indicated that Rabern Rentals is seeing slightly over 20% year-over-year organic growth, with strong demand expected to continue throughout the year [33] Question: What was the price/volume contribution in Q1? - The majority of revenue increase was attributed to volume from sales of larger tonnage cranes, with pricing having a relatively small impact of about 2.5% [35] Question: Is there additional price action embedded in the backlog? - Yes, management confirmed that there are price increases expected to flow through in Q2, with some already seen in Q1 [36] Question: Key drivers for gross margin expansion throughout the year? - The addition of Rabern Rentals is expected to drive gross margin improvement, along with strategic pricing and cost initiatives [38]

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 ...