Last $2.88 USD
Change Today -0.06 / -2.04%
Volume 47.7K
SMIT On Other Exchanges
Symbol
Exchange
NASDAQ CM
Frankfurt
As of 8:10 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for schmitt industries inc (SMIT)

Year over year, Schmitt Industries, Inc. has seen revenues remain relatively flat ($12.5M USD to $12.1M USD), though the company was able to grow net income from a loss of $539.9K USD to a smaller loss of $539.6K USD. A reduction in the percentage of sales devoted to selling, general and administrative costs from 48.86% to 46.67% was a key component in the bottom line growth in the face of flat revenues.
Currency in
Millions of US Dollars
As of:May 31
2011
May 31
2012
May 31
2013
May 31
2014
4 Year
Trend
Revenues11.514.412.512.1
TOTAL REVENUES11.514.412.512.1
Cost of Goods Sold5.98.16.46.5
GROSS PROFIT5.66.36.15.6
Selling General & Admin Expenses, Total5.36.06.15.7
R&D Expenses0.50.30.60.5
OTHER OPERATING EXPENSES, TOTAL5.86.36.76.1
OPERATING INCOME-0.20.1-0.6-0.5
Interest and Investment Income0.00.00.00.0
NET INTEREST EXPENSE0.00.00.00.0
Currency Exchange Gains (Loss)0.00.00.00.0
Other Non-Operating Income (Expenses)0.00.00.00.0
EBT, EXCLUDING UNUSUAL ITEMS-0.20.1-0.5-0.5
Gain (Loss) on Sale of Assets0.0----0.0
EBT, INCLUDING UNUSUAL ITEMS-0.20.1-0.5-0.5
Income Tax Expense0.00.00.00.0
Earnings from Continuing Operations-0.20.1-0.5-0.5
NET INCOME-0.20.1-0.5-0.5
NET INCOME TO COMMON INCLUDING EXTRA ITEMS-0.20.1-0.5-0.5
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS-0.20.1-0.5-0.5
 

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SMIT:US $2.88 USD -0.06

SMIT Competitors

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Company Last Change
Keyence Corp ¥45,195 JPY +625.00
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Industry Analysis

SMIT

Industry Average

Valuation SMIT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book 0.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x
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