Schmitt Industries Revenue, Profits - SMIT Annual Income Statement

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$1.58 $0.06 (3.72%) SMIT stock closing price Aug 18, 2017 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Schmitt Industries stock price. The income statement gives the investor an understanding of the topline and bottomline numbers of the company and helps investors evaluate if a company has been growing or not. Like any other income statement, the SMIT income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a YoY revenue growth of $0.72M when compared to the same period in the past. 2017 revenue is $12.4M and has increased from $11.68M year on year as is evident when you compare the latest figures in the latest Schmitt Industries profit and loss statement with those of the prior corresponding period. (See also:Schmitt Industries assets and Schmitt Industries free cash flow) Schmitt Industries revenue for 2017 is $12.4M. View revenue and profit details for latest and last 10 financial years.

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Annual
Quarterly
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Fiscal year is Jun - May.2017201620152014201320122011201020092008
Schmitt Industries Net Sales or Revenues
12.4M11.68M13.06M12.13M12.45M14.43M11.49M6.8M9.5M11.42M
Cost Of Goods Sold (COGS)-6.81M6.92M6.5M6.35M8.09M5.88M3.76M5.36M5.3M
Schmitt Industries Gross Profit
-4.86M6.14M5.62M6.09M6.34M5.6M3.04M4.14M6.11M
Research & Development Expense-0.28M0.37M0.47M0.57M0.31M0.5M0.58M1.01M0.62M
Selling General & Admin Expense-6.01M5.82M5.66M6.08M5.96M5.29M4.18M5.03M4.62M
Income Before Depreciation Depletion Amortization--1.43M-0.06M-0.51M-0.56M0.05M-0.19M-1.72M-1.91M0.86M
Depreciation Depletion Amortization----------
Non Operating Income--0.05M-0.01M-0.01M0.01M0.03M-0.01M0.03M0.04M0.25M
Interest Expense----------
Schmitt Industries Pretax Income
--1.49M-0.08M-0.53M-0.54M0.09M-0.2M-1.69M-1.86M1.11M
Provision for Income Taxes-0.02M0.01M0.01M-0.01M0.01M-0.01M0.29M0.01M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations-1.07M-1.51M-0.09M-0.53M-0.53M0.07M-0.2M-1.71M-2.15M1.1M
Extraordinary Items & Discontinued Operations----------
Schmitt Industries Net Income (Profit/Loss)
-1.07M-1.51M-0.09M-0.53M-0.53M0.07M-0.2M-1.71M-2.15M1.1M
Average Shares used to compute Diluted EPS3M3M3M3M3M2.94M2.9M2.89M2.87M6.93M
Average Shares used to compute Basic EPS3M3M3M3M2.99M2.93M2.9M2.89M2.87M6.93M
Income Before Nonrecurring Items-1.07M-1.52M-0.09M-0.54M-0.54M0.08M-0.21M-1.71M-2.15M0.9M
Income from Nonrecurring Items----------
Schmitt Industries Earnings Per Share Basic Net
-0.36-0.51-0.03-0.18-0.180.03-0.07-0.59-0.750.13
Schmitt Industries Earnings Per Share Diluted Net
-0.36-0.51-0.03-0.18-0.180.03-0.07-0.59-0.750.13
EPS Diluted Before Nonrecurring Items-0.36-0.51-0.03-0.18-0.180.03-0.07-0.59-0.750.13
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common----------
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on Schmitt Industries stock analysis. An investor must check the following items in an income statement:
  • Topline: A growing topline, as seen from the Schmitt Industries revenue chart, as is the case with Schmitt Industries indicates a growing business. One needs to compare the QoQ or YoY topline growth of SMIT stock with its peers like KMT stock and ATU stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $-1.07M for Schmitt Industries for 2017. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Schmitt Industries historical stock prices to check how the price has moved with time. .

Schmitt Industries Income Statement - Key Financial Ratios

PS ratio (
price sales ratio
)
0.3820
Net profit margin
-11.8
Dividend yield
0%