Technology - Hardware, Equipment & Parts - NASDAQ - US
$ 0.017
0 %
$ 65.8 K
Market Cap
-0.02
P/E
INCOME STATEMENT
9.89 M
REVENUE
-10.6 M
OPERATING INCOME
-3.28 M
NET INCOME
EFFICIENCY
Earnings Waterfall
Schmitt Industries, Inc.
| Revenue | 9.89 M |
| Cost Of Revenue | 4.82 M |
| Gross Profit | 5.07 M |
| Operating Expenses | 15.7 M |
| Operating Income | -10.6 M |
| Other Expenses | -7.33 M |
| Net Income | -3.28 M |
Income Statement
Millions
| May-2022 | May-2021 | May-2020 | May-2019 | May-2018 | May-2017 | May-2016 | May-2015 | May-2014 | May-2013 | May-2012 | May-2011 | May-2010 | May-2009 | May-2008 | May-2007 | May-2006 | May-2005 | May-2004 | May-2003 | May-2002 | May-2001 | May-2000 | May-1999 | May-1998 | May-1997 | May-1996 | May-1995 | May-1994 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||||||||||||||||||||||
| Revenue | 9.9 | 7.9 | 4.2 | 13.8 | 13.9 | 12.4 | 11.7 | 13.1 | 12.1 | 12.5 | 14.4 | 11.5 | 6.8 | 9.5 | 11.4 | 11.9 | 11.5 | 10.5 | 7.9 | 7.4 | 6.9 | 7.6 | 8.9 | 8.0 | 10.6 | 10.5 | 7.1 | 4.4 | 2.5 |
| GROSS PROFIT | |||||||||||||||||||||||||||||
| Cost Of Revenue | 4.8 | 4.6 | 2.2 | 8.8 | 7.8 | 7.5 | 6.8 | 6.9 | 6.5 | 6.4 | 8.1 | 5.9 | 3.8 | 5.4 | 5.3 | 5.3 | 5.0 | 4.5 | 3.4 | 3.5 | 2.8 | 5.2 | 3.6 | 3.8 | 4.3 | 3.6 | 2.1 | 1.5 | 1.0 |
| Gross Profit | 5.1 | 3.3 | 2.0 | 5.0 | 6.1 | 4.9 | 4.9 | 6.1 | 5.6 | 6.1 | 6.3 | 5.6 | 3.0 | 4.1 | 6.1 | 6.6 | 6.5 | 6.1 | 4.5 | 3.9 | 4.0 | 2.4 | 5.2 | 4.2 | 6.3 | 6.9 | 5.0 | 2.9 | 1.5 |
| OPERATING INCOME | |||||||||||||||||||||||||||||
| Operating Expenses | 15.7 | 12.1 | 4.1 | 6.0 | 5.9 | 5.9 | 6.3 | 6.2 | 6.1 | 6.7 | 6.3 | 5.8 | 4.8 | 6.1 | 5.3 | 4.9 | 4.7 | 4.9 | 4.1 | 4.3 | 4.1 | 4.6 | 4.5 | 4.6 | 5.0 | 4.7 | 3.4 | 2.2 | 1.1 |
| Selling, General and Administrative Expenses | 15.6 | 12.0 | 4.1 | 5.9 | 5.6 | 5.6 | 6.0 | 5.8 | 5.7 | 6.1 | 6.0 | 5.3 | 4.2 | 5.0 | 4.6 | 4.8 | 4.7 | 4.8 | 4.1 | 4.1 | 3.9 | 4.3 | 3.8 | 3.8 | 4.3 | 4.3 | 3.0 | 2.0 | 1.1 |
| Research and Development Expenses | 40.5 K | 83.1 K | 68.8 K | 0.1 | 0.3 | 0.3 | 0.3 | 0.4 | 0.5 | 0.6 | 0.3 | 0.5 | 0.6 | 1.0 | 0.6 | 88.4 K | 81.8 K | 42.4 K | 30.4 K | 0.2 | 0.2 | 0.3 | 0.4 | 0.5 | 0.4 | 100 K | 0 | 0 | 0 |
| Operating Income | (10.6) | (8.9) | (2.2) | (1.0) | 0.2 | (1.0) | (1.4) | 64.5 K | (0.5) | (0.6) | 57.3 K | (0.2) | (1.7) | (1.9) | 0.9 | 1.8 | 1.7 | 1.2 | 0.4 | (0.4) | 44.1 K | (2.3) | 0.8 | (0.4) | 1.3 | 2.2 | 1.6 | 0.7 | 0.4 |
| PRE-TAX INCOME | |||||||||||||||||||||||||||||
| Interest Income Expense | 46.8 K | 19 K | 2.44 K | 12.2 K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 K | 11 K | 74 K | 0 | 0 | 0 | 0 | 0 | 0 | 53.5 K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Other Income | 6.9 | 1.4 | 0.3 | 8.92 K | 81.2 K | 56.7 K | 58.7 K | 19.1 K | 17.9 K | 14.1 K | 37.3 K | 8.04 K | 31.1 K | 49.7 K | 0.3 | 0.2 | 50.1 K | (0.2) | 79.3 K | (0.4) | 42.5 | 29.7 K | 4.67 K | 0 | 0.4 | 100 K | (0.2) | (0.3) | 100 K |
| Pre-Tax Income | (3.7) | (8.5) | (1.9) | (1.1) | 0.2 | (1.0) | (1.5) | 83.6 K | (0.5) | (0.5) | 94.5 K | (0.2) | (1.7) | (1.9) | 1.1 | 2.0 | 1.8 | 1.0 | 0.5 | (0.9) | (1.6) | (2.4) | 0.8 | (0.4) | 1.7 | 2.3 | 1.4 | 0.4 | 0.5 |
| NET INCOME | |||||||||||||||||||||||||||||
| Tax Provision | 19.2 K | (0.4) | 14.6 K | 26.4 K | 25.9 K | 28 K | 20 K | 10.1 K | 9.33 K | 8.28 K | 17.1 K | 1.66 K | 15.4 K | 0.3 | 8.14 K | 0.7 | 0.4 | (0.6) | 79.3 K | 0.6 | 1.6 | 0.1 | 0.2 | 100 K | 0.4 | 0.6 | 0.2 | 0.2 | 0.2 |
| Net Income | (3.3) | (8.1) | (1.8) | (1.1) | 0.2 | (1.1) | (1.5) | 93.7 K | (0.5) | (0.5) | 77.4 K | (0.2) | (1.7) | (2.2) | 1.1 | 1.3 | 1.4 | 1.6 | 0.5 | (1.5) | (1.6) | (2.4) | 0.6 | (0.3) | 1.3 | 1.7 | 1.2 | 0.2 | 0.3 |
| EPS | 0.86 | 2.15 | 0.47 | 0.28 | 0.0615 | 0.36 | 0.51 | 0.0313 | 0.18 | 0.18 | 0.03 | 0.0709 | 0.59 | 0.75 | 0.4 | 0.49 | 0.52 | 0.64 | 0.21 | 0.6 | 0.64 | 0.9 | 0.21 | 0.09 | 0.54 | 0.75 | 0.48 | 0.12 | 0.18 |