Schmitt Industries Revenue, Profits - SMIT Annual Income Statement

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$2.56 $0.04 (1.59%) SMIT stock closing price Feb 22, 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 - May2017201620152014201320122011201020092008
Schmitt Industries Revenues or Net Sales
12.39M11.68M13.06M12.13M12.45M14.43M11.49M6.8M9.5M11.42M
Cost Of Goods Sold (COGS)7.51M6.81M6.92M6.5M6.35M8.09M5.88M3.76M5.36M5.3M
Schmitt Industries Gross Profit
4.88M4.86M6.14M5.62M6.09M6.34M5.6M3.04M4.14M6.11M
Research & Development Expense--------1.01M-
Selling General & Admin Expense5.61M6.01M5.82M5.66M6.08M5.96M5.29M4.18M5.03M4.62M
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-1.86M1.11M
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-2.15M1.1M
Extraordinary Items & Discontinued Operations----------
Schmitt Industries Profit/ Loss (Net Income)
-1.07M-1.51M-0.09M-0.53M-0.53M--0.2M-1.71M-2.15M1.1M
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-0.54M--0.21M-1.71M-2.15M-
Income from Nonrecurring Items----------
Schmitt Industries Earnings Per Share Basic Net
-0.36-0.51-0.03-0.18-0.180.03-0.07-0.59-0.750.13
Schmitt Industries Earnings Per Share Diluted Net
-0.36M-0.51M-0.03M-0.18M-0.18M--0.07M-0.59M-0.75M-
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 Common0.000.000.000.000.000.000.000.000.000.00
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)
0.56
Operating Margin
2.7
Net Profit Margin
2.7
Dividend Yield
0%