Schmitt Industries Revenue, Profits - SMIT Annual Income Statement

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$3.09 $0.02 (0.64%) SMIT stock closing price Jul 20, 2018 (Closing)

Fundamental analysis of SMIT stock involves analyzing its financial statements, apart from checking the Schmitt Industries stock price. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. Like any other income statement, the SMIT income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a YOY revenue growth of 6.08% when compared to the same period in the past. Revenue for year 2017 is $12.39M 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. Also see Schmitt Industries assets and Schmitt Industries free cash flow for a complete valuation of SMIT stock.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jun - May201720162015201420132012201120102009
Schmitt Industries Revenues or Net Sales
12.39M11.68M13.06M12.13M12.45M14.43M11.49M6.8M9.5M
Cost Of Goods Sold (COGS)7.51M6.81M6.92M6.5M6.35M8.09M5.88M3.76M5.36M
Schmitt Industries Gross Profit
4.88M4.86M6.14M5.62M6.09M6.34M5.6M3.04M4.14M
Research & Development Expense--------1.01M
Selling General & Admin Expense5.61M6.01M5.82M5.66M6.08M5.96M5.29M4.18M5.03M
Income Before Depreciation Depletion Amortization-0.98M-1.43M-0.06M-0.51M-0.56M--0.19M-1.72M-1.91M
Depreciation Depletion Amortization---------
Non Operating Income-0.05M-0.05M-0.01M-0.01M---0.01M--
Interest Expense---------
Schmitt Industries Pretax Income
-1.04M-1.49M-0.08M-0.53M-0.54M--0.2M-1.69M-1.86M
Provision for Income Taxes-----0.01M----
MinorityInterest---------
Investment Gains Losses---------
Other Income---------
Income Before Extraordinaries & Disc Operations-1.07M-1.51M-0.09M-0.53M-0.53M--0.2M-1.71M-2.15M
Extraordinary Items & Discontinued Operations---------
Schmitt Industries Profit/ Loss (Net Income)
-1.07M-1.51M-0.09M-0.53M-0.53M--0.2M-1.71M-2.15M
Average Shares used to compute Diluted EPS3M3M3M3M3M2.94M2.9M2.89M2.87M
Average Shares used to compute Basic EPS3M3M3M3M2.99M2.93M2.9M2.89M2.87M
Income Before Nonrecurring Items-1.07M-1.52M-0.09M-0.54M-0.54M--0.21M-1.71M-2.15M
Income from Nonrecurring Items---------
Schmitt Industries Earnings Per Share Basic Net
-0.36-0.51-0.03-0.18-0.180.03-0.07-0.59-0.75
Schmitt Industries Earnings Per Share Diluted Net
-0.36-0.51-0.03-0.18-0.180.03-0.07-0.59-0.75
EPS Diluted Before Nonrecurring Items-0.36-0.51-0.03-0.18-0.180.03-0.07-0.59-0.75
Preferred Dividends Acc Pd---------
Dividends Common---------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Schmitt Industries stock analysis. It helps to look at the following income statement items:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that SMIT stock has a topline or revenue of $12.39M for 2017 as per this Schmitt Industries revenue chart. Investors look for stocks with a growing top line.
  • 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 SMIT 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)
0.9
Net Profit Margin
0.6
Dividend Yield
0%