SMG Industries Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Revenue	93.38	71.02	52.11	26.67	0.51	4.42
Revenue Growth (YoY)	31.36%	36.28%	95.43%	5142.36%	-88.50%	79.34%
Cost of Revenue	83.66	65.29	52.71	29.48	0.97	2.77
Gross Profit	9.72	5.74	-0.6	-2.81	-0.46	1.65
Selling, General & Admin	12.67	8.87	7.92	4.79	1.66	2.43
Operating Expenses	12.88	9.08	8.38	5.27	1.71	2.46
Operating Income	-3.17	-3.34	-8.98	-8.08	-2.17	-0.8
Interest Expense	-8.16	-9.43	-7.62	-3.8	-0.57	-0.31
Other Non Operating Income (Expenses)	-0	-0.1	0.05	0.04	0.01	-
EBT Excluding Unusual Items	-11.29	-12.87	-16.55	-11.84	-2.73	-1.11
Merger & Restructuring Charges	-0.74	-	-	-1.49	-0.07	-0.06
Impairment of Goodwill	-	-	-	-	-0.19	-
Gain (Loss) on Sale of Assets	-0.02	0.33	0.04	0.22	0	0.02
Asset Writedown	-	-	-	-1.08	-0.38	-
Other Unusual Items	3.38	0.56	5.02	0.08	-0.1	0.01
Pretax Income	-8.44	-11.75	-11.48	-14.11	-3.46	-1.14
Earnings From Continuing Operations	-8.44	-11.75	-11.48	-14.11	-3.46	-1.14
Earnings From Discontinued Operations	0.16	0.14	0.34	-1.76	-0.52	-
Net Income	-8.28	-11.61	-11.14	-15.87	-3.98	-1.14
Preferred Dividends & Other Adjustments	0.13	-	0.08	0.25	0.03	-
Net Income to Common	-8.41	-11.61	-11.22	-16.12	-4.02	-1.14
Shares Outstanding (Basic)	97	36	23	18	14	10
Shares Outstanding (Diluted)	97	36	23	18	14	10
Shares Change (YoY)	184.50%	56.11%	30.55%	29.19%	33.38%	202.78%
EPS (Basic)	-0.09	-0.32	-0.48	-0.90	-0.29	-0.11
EPS (Diluted)	-0.09	-0.32	-0.49	-0.90	-0.29	-0.11
Free Cash Flow	-0.14	-1.03	-8.27	-4.38	-0.34	-0.5
Free Cash Flow Per Share	-0.00	-0.03	-0.35	-0.24	-0.03	-0.05
Gross Margin	10.41%	8.08%	-1.15%	-10.54%	-90.17%	37.38%
Operating Margin	-3.39%	-4.71%	-17.23%	-30.30%	-425.95%	-18.20%
Profit Margin	-9.01%	-16.35%	-21.52%	-60.46%	-789.35%	-25.85%
Free Cash Flow Margin	-0.15%	-1.45%	-15.88%	-16.41%	-67.32%	-11.33%
EBITDA	2.4	1.99	-3.58	-3.18	-1.93	-0.7
EBITDA Margin	2.57%	2.80%	-6.87%	-11.91%	-	-15.81%
D&A For EBITDA	5.57	5.33	5.4	4.9	0.24	0.11
EBIT	-3.17	-3.34	-8.98	-8.08	-2.17	-0.8
EBIT Margin	-3.39%	-4.71%	-17.23%	-30.30%	-	-18.20%
Advertising Expenses	-	-	-	-	-	0.01

Updated Nov 14, 2023. Source: S&P Global Market Intelligence. Standard template. Financial Sources.